Indiana Code 27-5.1-2-4. Proposed farm mutual insurance company requirements for certificate of authority

Current as of: 2023 | Check for updates | Other versions

Sec. 4. A farm mutual insurance company that is established after June 30, 2003, must have at least:

(1) two hundred fifty (250) applications for insurance policies; and

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

(2) one hundred thousand dollars ($100,000) in annual direct written premiums;

before issuing an insurance policy.

As added by P.L.129-2003, SEC.8.