760 IAC 6-1-2 Physical presence fees

Sec. 2. The commissioner may impose an administrative fee calculated under IC 27-1-6-21(c)(2) to a domestic insurer in an amount not less than twenty-five thousand dollars ($25,000), but not more than one hundred thousand dollars ($100,000) each year, after considering the following: (1) The factors set forth in IC 27-1-6-21(b). (2) The size and complexity of the domestic insurer. (3) Whether the domestic insurer is part of an insurance holding company system under IC 27-1-23.