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Bankrate’s insurance editorial team, which includes licensed insurance agents with decades of industry experience, took a deep dive into Indiana’s laws and regulations regarding driving ...
[citation needed] The first General Assembly of the Indiana Territory met on July 29, 1805, and shortly after the Revised Statutes of 1807 was the official body of law. [citation needed] Indiana's constitution, adopted in 1816, specified that all laws in effect for the Territory would be considered laws of the state, until they expired or were ...
Insurance regulatory law is the body of statutory law, administrative regulations and jurisprudence that governs and regulates the insurance industry and those engaged in the business of insurance. Insurance regulatory law is primarily enforced through regulations, rules and directives by state insurance departments as authorized and directed ...
The insurance company will not pay more than $25,000 for property damage in repairs to the vehicle that the insured one hit. In the state of Indiana, the minimum liability limits are $25,000/$50,000/$10,000, [7] so there is a greater property damage exposure for only carrying the minimum limits.
Bankrate takes a close look at minimum requirements for car insurance in each state. ... Indiana. 25/50/25. 25/50 UM; 50 UIM ... but these are the minimum limits if you buy a policy to satisfy the ...
Education was a major theme this year, but bills on alcohol sales and adult content are also making it into law. From reading to happy hour, here are the Indiana laws that go into effect July 1 ...
NAIC members, together with the central resources of the NAIC, form the national system of state-based insurance regulation in the U.S. The NAIC is an Internal Revenue Code Section 501(c)(3) non-profit organization. The NAIC acts as a forum for the creation of model laws and regulations.
While most insurance commissioners are appointed, in some jurisdictions they are elected. [1] The office of the insurance commissioner may be part of a larger regulatory agency, or an autonomous department. Insurance law and regulation is established individually by each state.