{"data":{"id":"us-in/ic-27-2-18-14","jurisdiction":"us-in","citation":"IC 27-2-18-14","heading":"Reports of material nonrenewals, cancellations, or revisions on nonconsolidated basis; exceptions","body":"Sec. 14. (a) An insurer must report all material nonrenewals, cancellations, or revisions of ceded reinsurance agreements on a nonconsolidated basis unless:\n(1) the insurer is part of a consolidated group of insurers that uses a:\n(A) pooling arrangement; or\n(B) one hundred percent (100%) reinsurance agreement;\nthat affects the solvency and integrity of the insurer's reserves; and\n(2) the insurer ceded substantially all of its direct and assumed business to the pool.\n(b) An insurer is considered to have ceded substantially all of its direct and assumed business to a pool under subsection (a) if the insurer has less than one million dollars ($1,000,000) total direct plus assumed written premiums during a calendar year that are not subject to a pooling arrangement and the net income of the business not subject to the pooling arrangement represents less than five percent (5%) of the insurer's capital and surplus.","path":["TITLE 27. INSURANCE","ARTICLE 2. POWERS AND DUTIES OF INSURERS","Chapter 18. Disclosure of Material Transactions"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-2-18-14","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"20698d8644b53d19fcd9cb5b2e2889cfbc15b7b34e1ceb8a1e57413afdb7ba18","source_id":"us-in","stale":false,"prev":"us-in/ic-27-2-18-13","next":"us-in/ic-27-2-19-0.1"},"notice":"GroundRules: Original legal text. Not legal advice."}