Indiana § 27-7-2-33 - Designated insurer carrying rejected risk; additional inspection; renewal rates
Full text of Indiana Indiana Code § 27-7-2-33 — Designated insurer carrying rejected risk; additional inspection; renewal rates, with citation guidance and answers to common questions.
§ 27-7-2-33. Designated insurer carrying rejected risk; additional inspection; renewal rates
Sec. 33. At any time while a policy, written pursuant to designation by the bureau, is in force, the carrying company, upon its own initiative, may make a further careful inspection of the risk for the purpose of measuring its hazards, making recommendation for the promotion of the safety of employees and determining the rate or rates which should apply to insurance issued in renewal of such policy. Rates for the renewal of any policy issued pursuant to this chapter shall take into account the available experience of the risk for the previous five (5) years, and such rates shall be made in contemplation of the facts disclosed by the most recent inspection of the risk by the rating bureau as provided in this chapter, subject to the approval of the department.
Formerly: Acts 1935, c.323, s.33. As amended by P.L.252-1985, SEC.241.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 27-7-2-33
What does Indiana Code § 27-7-2-33 cover?
Section 27-7-2-33 ("Designated insurer carrying rejected risk; additional inspection; renewal rates") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 27-7-2-33?
A common citation format is "Indiana Code § 27-7-2-33" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 27-7-2-33 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.