The Indiana Department of Insurance has published a new set of rule changes giving the insurance commissioner more stringent solvency standards.The agency posted new changes to Chapter 760 of the Indiana Administrative Code Sections 1-53, which describe the commissioner's authority to determine whether insurers are solvent. The department published the final version of the rule in the Indiana Register. The new rules became effective as of June 1.The rule change added several new types of information that the insurance commissioner may consider while determining whether a company is solvent...
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