Indiana 2022 2022 Regular Session

Indiana Senate Bill SB0137 Introduced / Bill

Filed 01/12/2022

                     
Introduced Version
SENATE BILL No. 137
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DIGEST OF INTRODUCED BILL
Citations Affected:  IC 27-1-30.2.
Synopsis:  Group coverage for religious not-for-profits. Allows an
authorized property and casualty insurance company to provide group
property and casualty insurance to a religious not-for-profit association
consisting of at least 10 religious not-for-profit organizations that have
a relationship to one another in a common denomination, association,
affiliation, or fellowship.
Effective:  July 1, 2022.
Raatz
January 4, 2022, read first time and referred to Committee on Insurance and Financial
Institutions.
2022	IN 137—LS 6664/DI 55 Introduced
Second Regular Session of the 122nd General Assembly (2022)
PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana
Constitution) is being amended, the text of the existing provision will appear in this style type,
additions will appear in this style type, and deletions will appear in this style type.
  Additions: Whenever a new statutory provision is being enacted (or a new constitutional
provision adopted), the text of the new provision will appear in  this  style  type. Also, the
word NEW will appear in that style type in the introductory clause of each SECTION that adds
a new provision to the Indiana Code or the Indiana Constitution.
  Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts
between statutes enacted by the 2021 Regular Session of the General Assembly.
SENATE BILL No. 137
A BILL FOR AN ACT to amend the Indiana Code concerning
insurance.
Be it enacted by the General Assembly of the State of Indiana:
1 SECTION 1. IC 27-1-30.2 IS ADDED TO THE INDIANA CODE
2 AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE
3 JULY 1, 2022]:
4 Chapter 30.2. Group Property and Casualty Insurance for
5 Religious Not-for-profit Organizations
6 Sec. 1. As used in this chapter, "property and casualty
7 insurance" means one (1) or more of the types of insurance
8 described in IC 27-1-5-1, Class 2 and Class 3.
9 Sec. 2. As used in this chapter, "property and casualty insurance
10 company" means a company authorized to make one (1) or more
11 types of property and casualty insurance.
12 Sec. 3. As used in this chapter, "religious not-for-profit
13 association" means a group of ten (10) or more religious
14 not-for-profit organizations that have a relationship to one another
15 in a common denomination, association, affiliation, or fellowship.
16 Sec. 4. As used in this chapter, "religious not-for-profit
17 organization" means an entity operating as a not-for-profit
2022	IN 137—LS 6664/DI 55 2
1 organization for a religious purpose under Indiana law.
2 Sec. 5. (a) An insurer authorized under IC 27-1-3-20 to transact
3 business as a property and casualty insurance company may
4 provide insurance to a religious not-for-profit association on a
5 group basis.
6 (b) A policy may not be issued or renewed to provide group
7 coverage under this chapter to a group that includes fewer than ten
8 (10) religious not-for-profit organizations.
9 Sec. 6. The insurance commissioner may adopt rules under
10 IC 4-22-2 to administer this chapter.
2022	IN 137—LS 6664/DI 55