Indiana Code Title 27. Insurance § 27-13-24-3

(1) suspend or revoke a certificate of authority;

(2) deny an application for a certificate of authority;  or

(3) impose an administrative penalty;

(1) suspend or revoke a certificate of authority;

(2) deny an application for a certificate of authority;  or

(3) impose an administrative penalty;

(1) The applicant may submit to the commissioner a revised application or any other information or material addressing the reasons the commissioner denied the application.  A revised application and other information submitted to the commissioner under this subdivision must be submitted within thirty (30) days after receiving the order, unless the applicant requests an extension of time from the commissioner, who may not unreasonably deny the request.

(2) Upon receiving an applicant's revised application or other information or materials as described in subdivision (1), the commissioner shall promptly review the materials regardless of whether the applicant has requested a hearing under subsection (b).

(3) An applicant's submission of a revised application or other information or materials is considered to correct and resolve the reasons for denying the original application for a certificate of authority.  The application or revised application is considered to be approved unless the commissioner notifies the applicant in writing by certified or registered mail, within fifteen (15) business days after the date the submission under subdivision (1) is made, that the application or revised application is not approved.  A written notification under this subdivision must state in detail the reasons for continuing to deny the application or the revised application.