{"data":{"id":"us-in/ic-27-9-3.1-1","jurisdiction":"us-in","citation":"IC 27-9-3.1-1","heading":"\"Actual direct compensatory damages\"","body":"Sec. 1. (a) As used in this chapter, \"actual direct compensatory damages\" includes:\n(1) normal and reasonable costs of cover; and\n(2) other reasonable measures of damages used in the derivatives market, the securities market, or another market for contract claims.\n(b) The term does not include:\n(1) punitive or exemplary damages;\n(2) damages for lost profit or lost opportunity; or\n(3) damages for pain and suffering.","path":["TITLE 27. INSURANCE","ARTICLE 9. SUPERVISION; REHABILITATION; LIQUIDATION","Chapter 3.1. Treatment of Certain Agreements"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-9-3.1-1","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"b108ca10454e867791cd012c8669ccc68b448aca5149e8b3d196e7f3b1c2754b","source_id":"us-in","stale":false,"prev":"us-in/ic-27-9-3-47","next":"us-in/ic-27-9-3.1-2"},"notice":"GroundRules: Original legal text. Not legal advice."}