Indiana Code Title 27. Insurance § 27-15-7-3

(1) The commissioner must give written notice of the proposed disclosure to the converting mutual and any other person requesting disclosure.

(2) The converting mutual must be given an opportunity in private to respond to the proposed disclosure.

(3) The commissioner must give consideration to any legitimate interest in preserving trade secrets.

(4) The commissioner must determine that the eligible members or other policyholders have a compelling interest which would be served by disclosure.

(5) At least five (5) business days have elapsed from the converting mutual's receipt of written notice.

(1) not more than six (6) business days have elapsed since the converting mutual received notice of a proposed disclosure;  and

(2) the converting mutual has notified the commissioner that it or another interested party has filed an action seeking a protective order from a circuit or superior court to prevent or to limit disclosure;