Terms Used In Indiana Code > Title 27 > Article 1 > Chapter 30 - Group Casualty and Liability Insurance for Foster Parents

• casualty and liability insurance: means the types of insurance described in IC 27-1-5-1, Class 2(h) and 2(l). See Indiana Code 27-1-30-2
• casualty insurance company: has the meaning set forth in IC 27-1-2-3(t). See Indiana Code 27-1-30-3
• Commissioner: means the "insurance commissioner" of this state. See Indiana Code 27-1-2-3
• Insurance: means a contract of insurance or an agreement by which one (1) party, for a consideration, promises to pay money or its equivalent or to do an act valuable to the insured upon the destruction, loss or injury of something in which the other party has a pecuniary interest, or in consideration of a price paid, adequate to the risk, becomes security to the other against loss by certain specified risks; to grant indemnity or security against loss for a consideration. See Indiana Code 27-1-2-3
• insurer: means a company, firm, partnership, association, order, society or system making any kind or kinds of insurance and shall include associations operating as Lloyds, reciprocal or inter-insurers, or individual underwriters. See Indiana Code 27-1-2-3
• person: includes individuals, corporations, associations, and partnerships; personal pronoun includes all genders; the singular includes the plural and the plural includes the singular. See Indiana Code 27-1-2-3