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Indiana Code Title 27. Insurance § 27-1-35-7

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 7. As used in this chapter, “licensed insurer” or “insurer” means any person, firm, association, or corporation licensed to transact a property/casualty insurance business in Indiana.  The following are not licensed insurers for the purposes of this chapter:

(1) All risk retention groups (as defined in the Superfund Amendments Reauthorization Act of 1986, Pub. L. No. 99-499, 100 Stat. 1613 (1986),   1 the Risk Retention Act, 15 U.S.C. Section 3901 et seq. (1982 & Supp. 1986), and IC 27-7-10-11).

(2) All residual market pools and joint underwriting authorities or associations.

(3) All captive insurers.

1  42 U.S.C.A. § 9671
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Cite this article: FindLaw.com - Indiana Code Title 27. Insurance § 27-1-35-7 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-27-insurance/in-code-sect-27-1-35-7/

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