Indiana Code 27-2-24-12. Subrogation rights of insurer
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Terms Used In Indiana Code 27-2-24-12
- insurer: means an insurance company that issues or delivers a policy of property or casualty insurance. See Indiana Code 27-2-24-6
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- property or casualty insurance: means a type of insurance described in Class 2 and Class 3 of IC 27-1-5-1. See Indiana Code 27-2-24-7
Sec. 12. This chapter does not affect an insurer‘s right of subrogation under a policy of property or casualty insurance to recover payments made from the person that is responsible for the property loss.
As added by P.L.148-2017, SEC.8.