Statutes, codes, and regulations
Indiana Code
Title 27 - INSURANCEArticle 6 - REINSURANCE; INTERINSURANCE; RECIPROCAL INSURANCE
Chapter 1.1 - REINSURANCE
Section 27-6-1.1-4 - Termination of indemnity reinsurance transaction

Ind. Code § 27-6-1.1-4

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Current through P.L. 171-2024
Section 27-6-1.1-4 - Termination of indemnity reinsurance transaction

The commissioner may require the termination of any indemnity reinsurance transaction, whether or not the applicable agreement was required to be filed for approval, if after a hearing under IC 4-21.5-3, the commissioner finds that the transaction creates an unsafe condition for the policyholders of a domestic insurer.

IC 27-6-1.1-4

As added by P.L. 260-1983, SEC.1. Amended by P.L. 7-1987, SEC.152.