Effective 7/1/99 Rate only --makes written certification to insurer --purchases policy through licensed agent --meets 3 of the following criteria: --net worth of at least $25M --net revenue of at least $50M --at least 25 employees/company or 50 employees/holding company --aggregate premiums of at least $75K --non-profit/public entity with annual budget/assets of at least $25M --use of risk manager to buy insurance Risk manager may be full time employee qualified by education & experience or training & experience or a person retained by an ECP who holds professional designation relevant to the type of insurance being purchased. Annual reporting requirement for insurers
State
Exemption
Exempt Policyholder Criteria
Other Provisions
Indiana
Insurance issued to ECPs is exempt from rate filing requirements.
ECP definition:
Excludes workers comp and professional liability insurance
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