Due to recent tornadoes and severe storms (“Disaster Events”) in several Indiana counties designated as disaster areas (“Impacted Areas”), the Indiana Department of Insurance has declared a:

  1. 60-day moratorium on policy cancellations
    1. Applies only to cancellations/non-renewals due to failure to pay premiums as a direct result of the Disaster Events
    2. This is a grace period, not a waiver
    3. Applies only to policyholders in Impacted Areas
  2. 60-day grace period on license renewals including premium tax and surplus lines premium tax filing
    1. Applies to licensees, certificate holders and registrants from the Impacted Areas
    2. Any penalties assessed due to late payment during this 60-day period will be waived
    3. Duplicate License fee of $10 for producers from Impacted Areas will be waived
  3. 60-day CE extension applicable only  to producers in the Impacted Areas

The Department will accept temporary address changes at no fee electonically through NIPR or faxed to (317) 232-5251 or by phone to (317) 232-2413.  The Department is ready to help rebuild damaged or destroyed essential insurance files by allowing copying of its own records with no charge.

The insurance licensing information provided on this blog is not legal advice and the reader is advised to consult an attorney regarding application of this information in any particular situation.

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