{"data":{"id":"us-in/ic-27-6-9-20","jurisdiction":"us-in","citation":"IC 27-6-9-20","heading":"Engagement of services of reinsurance intermediary-broker; employment of an individual employed by an RB; financial condition; requirements","body":"Sec. 20. (a) An insurer may not engage the services of any person, firm, association, or corporation to act as a RB on its behalf unless such person is licensed as required by section 12 of this chapter.\n(b) An insurer may not employ an individual who is employed by a RB with which it transacts business unless the RB is under common control with the insurer and subject to IC 27-1-23.\n(c) The insurer shall annually obtain a copy of statements of the financial condition of each RB with which it transacts business.","path":["TITLE 27. INSURANCE","ARTICLE 6. REINSURANCE; INTERINSURANCE; RECIPROCAL INSURANCE","Chapter 9. Reinsurance Intermediaries"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-6-9-20","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"60b0f944f96eabbedbae2d7742dfe9aa040a7dc471e6c4ec2dadb3bc85c2def1","source_id":"us-in","stale":false,"prev":"us-in/ic-27-6-9-19","next":"us-in/ic-27-6-9-21"},"notice":"GroundRules: Original legal text. Not legal advice."}