Indiana Code 27-1-36-22. “Regulatory action level RBC”
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Terms Used In Indiana Code 27-1-36-22
- authorized control level RBC: means , with respect to an insurer, the number determined under the risk-based capital formula in accordance with the RBC Instructions. See Indiana Code 27-1-36-4
- insurer: includes :
Indiana Code 27-1-36-9.6
Sec. 22. As used in this chapter, “regulatory action level RBC” means, with respect to an insurer, the product of one and five-tenths (1.5) multiplied by the insurer’s authorized control level RBC.
As added by P.L.186-1996, SEC.1.