{"data":{"id":"us-in/ic-27-2-21-17","jurisdiction":"us-in","citation":"IC 27-2-21-17","heading":"Incorrect or incomplete credit information; notice; remedy","body":"Sec. 17. (a) If:\n(1) a determination is made through the dispute resolution process set forth in the federal Fair Credit Reporting Act, 15 U.S.C. 1681i(a)(5), that the credit information of a current insured was incorrect or incomplete; and\n(2) the insurer receives notice of the determination from the consumer reporting agency or the insured;\nthe insurer shall re-underwrite and re-rate the insured not more than thirty (30) days after receiving the notice.\n(b) After an insurer re-underwrites or re-rates an insured as described in subsection (a), the insurer shall:\n(1) make necessary adjustments, consistent with the insurer's underwriting and rating guidelines; and\n(2) if the insurer determines that the insured has overpaid a premium, refund to the insured the amount of overpayment calculated back to the shorter of the:\n(A) immediately preceding twelve (12) month period of coverage; or\n(B) actual policy period.","path":["TITLE 27. INSURANCE","ARTICLE 2. POWERS AND DUTIES OF INSURERS","Chapter 21. Use of Credit Information"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-2-21-17","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"5f90f2174550207467a21cfe299facaa0e7bd5c2267bb7d461ec2d84e6b04f68","source_id":"us-in","stale":false,"prev":"us-in/ic-27-2-21-16","next":"us-in/ic-27-2-21-18"},"notice":"GroundRules: Original legal text. Not legal advice."}