Worker's Compensation Insurance: Rating Bureau, Rates, Duty to Insure, and the Assigned Risk Plan (IC 27-7-2)
Indiana Code Title 27, Article 7, Chapter 2
Edition and licensing notes
Publisher. Indiana General Assembly (iga.in.gov)
Edition. Indiana Code 2026 edition (page meta T_ICTITLE_S_YEAR="2026"; the publisher's own article PDF prints "Indiana Code 2026" in the footer of every page; source credits run through P.L. numbers dated 2026)
Status. IN statutes, public domain (state government edict).
What this document is
Indiana Code Title 27, Article 7, Chapter 2 - Worker's Compensation Insurance: Rating Bureau, Rates, Duty to Insure, and the Assigned Risk Plan (IC 27-7-2) is a state statute published by Indiana General Assembly (iga.in.gov). It is one of the Indiana documents that insurance license exam questions are written from, including indiana property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.
Sections cited in practice questions
Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.
- IC § 27-7-2-28.1(c) (Worker's Compensation Insurance; Assigned Risk Plan; Participation)
“(c) All companies authorized to write worker's compensation insurance shall participate in the assigned risk plan providing for the equitable apportionment among them of insurance that may be afforded to applicants who are in good faith entitled to but who are unable to procure such insurance through ordinary methods.”
- IC § 27-7-2-37.5 (Worker's Compensation Insurance; Refund of Dividends, Savings, or Unabsorbed Premium Deposits)
“Sec. 37.5. (a) Nothing in this chapter prohibits or regulates the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by companies to their policyholders, members, or subscribers, but in the payment of such dividends there shall be no unfair discrimination between...”
- IC § 27-7-2-18 (Worker's Compensation Insurance; Exclusion of Physical Impairment of Employees in Rate Making)
“Sec. 18. The physical impairment of employees shall not be taken into account in establishing rates or system of schedule or merit rating.”
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