Sec. 12. The commissioner shall pay an insurer all amounts due under section 9(a)(4) of this chapter within ninety (90) days after receiving a loss report. The commissioner shall require that each loss report include:

(1) an itemized statement of the damage, repairs made, and the cost of each repair; and

Terms Used In Indiana Code 27-7-9-12

(2) any other documentation the commissioner believes will substantiate the reported loss.

As added by P.L.164-1986, SEC.1.