Sec. 13. (a) Each company authorized to conduct business in Indiana and required to file an annual statement with the department under IC 27-1-20-21 shall submit the company’s statement on the Annual Statement Blank prepared in accordance with Annual Statement Instructions, and following practices and procedures prescribed by the Accounting Practices and Procedures Manual.

     (b) To the extent that the Annual Statement Instructions require disclosure under subsection (a) of compensation paid to or on behalf of an insurer‘s officers, directors, or employees, the information may be filed with the department as an exhibit separate from the Annual Statement Blank. The compensation information described under this subsection shall be maintained by the department as confidential and may not be made public.

Formerly: Acts 1935, c.162, s.20; Acts 1963, c.154, s.1. As amended by P.L.130-1994, SEC.1; P.L.116-1994, SEC.5; P.L.251-1995, SEC.2; P.L.124-2018, SEC.2.

Terms Used In Indiana Code 27-1-3-13

  • Department: means "the department of insurance" of this state. 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