IN Insurance Bulletins

Indiana AG 54 for Index-Linked Variable Annuities

The Indiana Department of Insurance issued Bulletin 275 to clarify that Actuarial Guideline 54 (AG 54) is effective for all index-linked variable annuity contracts issued on or after July 1, 2024. Insurers must demonstrate compliance with AG 54 for approved products to continue selling them in Indiana.

Indiana Withdraws Association Health Plans Bulletin 245

The Indiana Department of Insurance has withdrawn Association Health Plans Bulletin 245. This action follows the U.S. Department of Labor's rescission of its 2018 rule defining 'employer' for Association Health Plans, returning to pre-2018 guidance.

Indiana Credit Life and Accident/Health Insurance Rate Adjustment

The Indiana Department of Insurance issued Bulletin 277 to update prima facie rates for credit life and accident/health insurance. The bulletin adjusts rates based on triennial experience data, increasing credit life rates by 32.5% and decreasing accident/health rates by 6.1%.

Indiana Insurers Reporting Ownership Information Requirements

The Indiana Department of Insurance issued Bulletin 278 to notify insurers, third-party administrators, and pharmacy benefit managers of new ownership information reporting requirements effective July 1, 2025. Entities must report individuals or entities with at least a 5% ownership interest, controlling interest, or private equity partner interest.

Indiana bulletin on ownership reporting for insurers, TPAs, PBMs

Indiana bulletin on ownership reporting for insurers, TPAs, PBMs