Ind. Code ch. 27-1-15.7

Ind. Code ch. 27-1-15.7
in effect

Ind. Code § 27-1-15.7-0.1 Application of certain amendments to chapter

Sec. 0.1. The amendments made to section 2 of this chapter by P.L.60-2005 apply to renewal of an insurance producer license after June 30, 2005. As added by P.L.220-2011, SEC.424.

Ind. Code § 27-1-15.7-1 Applicability of definitions

Sec. 1. The definitions in IC 27-1-15.6-2 apply throughout this chapter. As added by P.L.132-2001, SEC.4.

Ind. Code § 27-1-15.7-2 License renewal

Sec. 2. (a) Except as provided in subsection (b) and section 2.4 of this chapter, to renew a license issued under IC 27-1-15.6, a resident insurance producer must complete at least twenty-four (24) hours of credit in continuing education courses, not more than four (4) hours of which may be in courses concerning one (1) or a combination of the following: (1) Sales promotion. (2) Sales technique. (3) Motivation. (4) Psychology. (5) Time management. If the insurance producer has a qualification described in IC 27-1-15.6-7(a)(1), IC 27-1-15.6-7(a)(2), or IC 27-1-15.6-7(a)(5), for a license renewal that occurs after June 30, 2014, at least three (3) of the hours of credit required by this subsection must be related to ethical practices in the marketing and sale of life, health, or annuity insurance products. An attorney in good standing who is admitted to the practice of law in Indiana and holds a license issued under IC 27-1-15.6 may complete all or any number of hours of continuing education required by this subsection by completing an equivalent number of hours in continuing legal education courses that are related to the business of insurance. (b) Except as provided in subsection (c), to renew a license issued under IC 27-1-15.6, a limited lines producer with a title qualification under IC 27-1-15.6-7(a)(8) must complete at least seven (7) hours of credit in continuing education courses related to the business of title insurance, in a structured setting or comparable self-study, in any of the following or any combination of the following: (1) Ethical practices in the marketing and selling of title insurance, including provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act set forth in 12 U.S.C. 2608. (2) Title insurance underwriting. (3) Escrow matters. (4) Matters concerning regulation by the department. (5) Any other topic related to the marketing and selling of title insurance. An attorney in good standing who is admitted to the practice of law in Indiana and holds a license issued under IC 27-1-15.6 with a title qualification under IC 27-1-15.6-7(a)(8) may complete all or any number of hours of continuing education required by this subsection by completing an equivalent number of hours in continuing legal education courses related to the business of title insurance or any aspect of real property law. (c) The following insurance producers are not required to complete continuing education courses to renew a license under this chapter: (1) A limited lines producer who is licensed without examination under IC 27-1-15.6-18(1). (2) A limited line credit insurance producer. (3) A nonresident limited lines producer with a title qualification: (A) whose home state requires continuing education for a title qualification; and (B) who has met the continuing education requirements described in clause (A). (d) Except as provided in section 2.2 of this chapter, to satisfy the requirements of subsection (a) or (b), a licensee may use only those credit hours earned in continuing education courses completed by the licensee: (1) after the effective date of the licensee's last renewal of a license under this chapter; or (2) if the licensee is renewing a license for the first time, after the date on which the licensee was issued the license under this chapter. (e) If an insurance producer receives qualification for a license in more than one (1) line of authority under IC 27-1-15.6, the insurance producer may not be required to complete a total of more than twenty-four (24) hours of credit in continuing education courses to renew the license. (f) Except as provided in subsection (g), a licensee may receive credit only for completing the following continuing education courses: (1) Continuing education courses that have been approved by the commissioner under section 4 of this chapter. (2) Continuing education courses that are required for the licensee under IC 27-19-4-14. (g) A licensee who teaches a course approved by the commissioner under section 4 of this chapter shall receive continuing education credit for teaching the course. (h) When a licensee renews a license issued under this chapter, the licensee must submit: (1) a continuing education statement that: (A) is in a format authorized by the commissioner; (B) is signed by the licensee under oath; and (C) lists the continuing education courses completed by the licensee to satisfy the continuing education requirements of this section; and (2) any other information required by the commissioner. (i) A continuing education statement submitted under subsection (h) may be reviewed and audited by the department. (j) A licensee shall retain a copy of the original certificate of completion received by the licensee for completion of a continuing education course. (k) A licensee who completes a continuing education course that: (1) is approved by the commissioner under section 4 of this chapter; (2) is held in a classroom setting; and (3) concerns ethics; shall receive continuing education credit not to exceed four (4) hours in a renewal period. As added by P.L.132-2001, SEC.4. Amended by P.L.1-2002, SEC.109; P.L.64-2004, SEC.25; P.L.60-2005, SEC.1; P.L.73-2006, SEC.1; P.L.173-2007, SEC.14; P.L.11-2011, SEC.13; P.L.81-2012, SEC.4; P.L.276-2013, SEC.15; P.L.278-2013, SEC.21; P.L.148-2017, SEC.2; P.L.196-2021, SEC.18; P.L.165-2022, SEC.4; P.L.226-2023, SEC.1.

Ind. Code § 27-1-15.7-2.2 Continuing education requirement credit applied toward next license renewal

Sec. 2.2. (a) This section applies to the renewal of a license under this chapter after December 31, 2021. (b) If a resident insurance producer completed more than twenty-four (24) hours of credit in continuing education courses before the effective date of the producer's last renewal under this chapter of a license issued under IC 27-1-15.6, the producer, instead of completing twenty-four (24) hours of credit in continuing education courses after the effective date of the producer's last license renewal as otherwise required under section 2(d) of this chapter, may satisfy the continuing education requirement of section 2 of this chapter for the producer's next license renewal through a combination of: (1) credit for continuing education courses completed by the producer before the effective date of the producer's last license renewal; and (2) credit for continuing education courses completed by the producer after the effective date of the producer's last license renewal. (c) To apply toward satisfaction of the continuing education requirement for a producer's next license renewal under subsection (b)(1), credit for a continuing education course completed by the producer before the effective date of the producer's last license renewal must not have applied toward satisfaction of the continuing education requirement for the producer's last license renewal. (d) A producer satisfies the continuing education requirement of section 2 of this chapter under subsection (b) for the producer's next license renewal if the sum of: (1) the credit hours applied toward the requirement under subsection (b)(1); plus (2) the credit hours applied toward the requirement under subsection (b)(2); is twenty-four (24). (e) Not more than twelve (12) hours of credit in continuing education courses completed by a producer before the effective date of the producer's last license renewal may be applied toward satisfying the continuing education requirement of section 2 of this chapter for the producer's next license renewal under subsection (b)(1). (f) The credit for a producer's completion of a continuing education course may not be applied toward satisfying the continuing education requirement of section 2 of this chapter under subsection (b)(1) unless the producer completed the continuing education course not more than one hundred twenty (120) days before the effective date of the producer's last license renewal. (g) Credit for a producer's completion of a continuing education course on the subject of: (1) ethics; or (2) long term care insurance; before the effective date of the producer's last license renewal may not be applied toward satisfying the continuing education requirement of section 2 of this chapter for the producer's next license renewal under subsection (b)(1). (h) The credit for a producer's completion of a continuing education course, whether applied toward the continuing education requirement of section 2 of this chapter under subsection (b)(1), subsection (b)(2), or section 2(d) of this chapter, may be applied toward the requirement only once. (i) The commissioner shall adopt rules under IC 4-22-2 to implement this section. As added by P.L.196-2021, SEC.19.

Ind. Code § 27-1-15.7-2.4 Continuing education credit for insurance producer participation in professional insurance organization

Sec. 2.4. (a) This section applies to an insurance producer licensed under IC 27-1-15.6 who is subject to the continuing education requirement set forth in section 2(a) of this chapter. (b) If an insurance producer actively participates in a state or national professional insurance organization, the insurance commissioner may: (1) recognize the insurance producer's participation in the professional insurance organization; and (2) apply the insurance producer's participation toward partial satisfaction of the continuing education requirement set forth in section 2(a) of this chapter. (c) To be recognized and applied under subsection (b), an insurance producer's participation in a professional insurance organization must be one of the following: (1) Service on the board of directors of: (A) a state professional insurance organization; (B) a state chapter of a national professional insurance organization; or (C) a national professional insurance organization. (2) Service on a formal committee of: (A) a state professional insurance organization; (B) a state chapter of a national professional insurance organization; or (C) a national professional insurance organization. (3) Service on a formal subcommittee or task force of: (A) a state professional insurance organization; (B) a state chapter of a national professional insurance organization; or (C) a national professional insurance organization. (d) Not more than two (2) of the twenty-four (24) total hours of credit in continuing education courses required of an insurance producer by section 2(a) of this chapter may be satisfied under this section in each two (2) year licensing period. (e) If an insurance producer's participation in a professional insurance organization is recognized and applied under subsection (b), one (1) hour of the insurance producer's participation in the professional insurance organization shall count toward satisfaction of one (1) hour of the twenty-four (24) total hours of credit in continuing education courses required by section 2(a) of this chapter, subject to the limit set forth in subsection (d). (f) An insurance producer's participation in a professional insurance organization may not be applied under this section toward the satisfaction of the requirement under section 2(a) of this chapter, if applicable, that an insurance producer complete at least three (3) hours of credit in continuing education courses related to ethical practices in the marketing and sale of life, health, or annuity insurance products in each two (2) year licensing period. (g) To be recognized and applied under subsection (b) toward satisfaction of an insurance producer's continuing education requirements under section 2(a) of this chapter for a two (2) year licensing period, the insurance producer's participation in a professional insurance organization must: (1) occur during that two (2) year licensing period; and (2) be verified by the professional insurance organization in a communication submitted to the insurance commissioner before the deadline (if any) established by the rules adopted under subsection (h). (h) The insurance commissioner may adopt rules under IC 4-22-2 to administer this section. As added by P.L.226-2023, SEC.2.

Ind. Code § 27-1-15.7-2.5 Waiver of licensure and continuing education requirements

Sec. 2.5. The commissioner shall, not later than September 1, 2005, establish a policy to allow a waiver of the: (1) continuing education requirements of this chapter; and (2) license renewal requirements of IC 27-1-15.6 and this chapter; for an insurance producer who is serving on active duty in the armed forces of the United States in an area designated as a combat zone by the President of the United States. As added by P.L.56-2005, SEC.1 and P.L.60-2005, SEC.2.

Ind. Code § 27-1-15.7-3 Extension for continuing education requirements

Sec. 3. (a) The commissioner may grant an extension for complying with the continuing education requirement set forth in section 2 of this chapter. (b) To receive an extension under this section, a licensee must: (1) file a request with the commissioner on a form provided by the commissioner; and (2) submit with the request an extension fee of twenty-five dollars ($25) for deposit in the department of insurance fund under IC 27-1-3-28. (c) After a licensee files a request for an extension, the license of the licensee remains in effect until the commissioner makes a decision on the request. (d) If the commissioner denies a licensee's request for an extension, the licensee must complete continuing education requirements set forth in section 2 of this chapter within ninety (90) days after the commissioner notifies the licensee of the denial. As added by P.L.132-2001, SEC.4. Amended by P.L.81-2012, SEC.5.

Ind. Code § 27-1-15.7-4 Approval of continuing education courses

Note: This version of section effective until 7-1-2027. See also following version of this section, effective 7-1-2027. Sec. 4. (a) The commissioner shall approve and disapprove continuing education courses after considering recommendations made by the insurance producer education and continuing education commission established under section 6.5 of this chapter. (b) The commissioner may not approve a course under this section if the course: (1) is designed to prepare an individual to receive an initial license under this chapter; (2) concerns only routine, basic office skills, including filing, keyboarding, and basic computer skills; or (3) may be completed by a licensee without supervision by an instructor, unless the course involves an examination process that is: (A) completed and passed by the licensee as determined by the provider of the course; and (B) approved by the commissioner. (c) The commissioner shall approve a course under this section that is submitted for approval by an insurance trade association or professional insurance association if: (1) the objective of the course is to educate a manager or an owner of a business entity that is required to obtain an insurance producer license under IC 27-1-15.6-6(d); (2) the course teaches insurance producer management and is designed to result in improved efficiency in insurance producer operations, systems use, or key functions; (3) the course is designed to benefit consumers; and (4) the course is not described in subsection (b). (d) Approval of a continuing education course under this section shall be for a period of not more than two (2) years. (e) A prospective provider of a continuing education course shall pay: (1) a fee of forty dollars ($40) for each course submitted for approval of the commissioner under this section; or (2) an annual fee of five hundred dollars ($500) not later than January 1 of a calendar year, which entitles the prospective provider to submit an unlimited number of courses for approval of the commissioner under this section during the calendar year. The commissioner may waive all or a portion of the fee for a course submitted under a reciprocity agreement with another state for the approval or disapproval of continuing education courses. Fees collected under this subsection shall be deposited in the department of insurance fund established under IC 27-1-3-28. (f) A prospective provider of a continuing education course may electronically deliver to the commissioner any supporting materials for the course. (g) The commissioner shall adopt rules under IC 4-22-2 to establish procedures for approving continuing education courses. As added by P.L.132-2001, SEC.4. Amended by P.L.57-2005, SEC.1; P.L.148-2017, SEC.3; P.L.158-2024, SEC.1.

Ind. Code § 27-1-15.7-4 Approval of continuing education courses

Note: This version of section effective 7-1-2027. See also preceding version of this section, effective until 7-1-2027. Sec. 4. (a) The commissioner shall approve and disapprove continuing education courses. (b) The commissioner may not approve a course under this section if the course: (1) is designed to prepare an individual to receive an initial license under this chapter; (2) concerns only routine, basic office skills, including filing, keyboarding, and basic computer skills; or (3) may be completed by a licensee without supervision by an instructor, unless the course involves an examination process that is: (A) completed and passed by the licensee as determined by the provider of the course; and (B) approved by the commissioner. (c) The commissioner shall approve a course under this section that is submitted for approval by an insurance trade association or professional insurance association if: (1) the objective of the course is to educate a manager or an owner of a business entity that is required to obtain an insurance producer license under IC 27-1-15.6-6(d); (2) the course teaches insurance producer management and is designed to result in improved efficiency in insurance producer operations, systems use, or key functions; (3) the course is designed to benefit consumers; and (4) the course is not described in subsection (b). (d) Approval of a continuing education course under this section shall be for a period of not more than two (2) years. (e) A prospective provider of a continuing education course shall pay: (1) a fee of forty dollars ($40) for each course submitted for approval of the commissioner under this section; or (2) an annual fee of five hundred dollars ($500) not later than January 1 of a calendar year, which entitles the prospective provider to submit an unlimited number of courses for approval of the commissioner under this section during the calendar year. The commissioner may waive all or a portion of the fee for a course submitted under a reciprocity agreement with another state for the approval or disapproval of continuing education courses. Fees collected under this subsection shall be deposited in the department of insurance fund established under IC 27-1-3-28. (f) A prospective provider of a continuing education course may electronically deliver to the commissioner any supporting materials for the course. (g) The commissioner shall adopt rules under IC 4-22-2 to establish procedures for approving continuing education courses. As added by P.L.132-2001, SEC.4. Amended by P.L.57-2005, SEC.1; P.L.148-2017, SEC.3; P.L.158-2024, SEC.1; P.L.152-2026, SEC.447.

Ind. Code § 27-1-15.7-5 Certified prelicensing courses of study

Note: This version of section effective until 7-1-2027. See also following version of this section, effective 7-1-2027. Sec. 5. (a) To qualify as a certified prelicensing course of study for purposes of IC 27-1-15.6-6, an insurance producer program of study must meet all of the following criteria: (1) Be conducted or developed by an: (A) insurance trade association; (B) accredited college or university; (C) educational organization certified by the insurance producer education and continuing education commission; or (D) insurance company licensed to do business in Indiana. (2) Provide for self-study or instruction provided by an approved instructor in a structured setting, as follows: (A) For life insurance producers, not less than twenty (20) hours of instruction in a structured setting or comparable self-study on: (i) ethical practices in the marketing and selling of insurance; (ii) requirements of the insurance laws and administrative rules of Indiana; and (iii) principles of life insurance. (B) For health insurance producers, not less than twenty (20) hours of instruction in a structured setting or comparable self-study on: (i) ethical practices in the marketing and selling of insurance; (ii) requirements of the insurance laws and administrative rules of Indiana; and (iii) principles of health insurance. (C) For life and health insurance producers, not less than forty (40) hours of instruction in a structured setting or comparable self-study on: (i) ethical practices in the marketing and selling of insurance; (ii) requirements of the insurance laws and administrative rules of Indiana; (iii) principles of life insurance; and (iv) principles of health insurance. (D) For property and casualty insurance producers, not less than forty (40) hours of instruction in a structured setting or comparable self-study on: (i) ethical practices in the marketing and selling of insurance; (ii) requirements of the insurance laws and administrative rules of Indiana; (iii) principles of property insurance; and (iv) principles of liability insurance. (E) For personal lines producers, a minimum of twenty (20) hours of instruction in a structured setting or comparable self-study on: (i) ethical practices in the marketing and selling of insurance; (ii) requirements of the insurance laws and administrative rules of Indiana; and (iii) principles of property and liability insurance applicable to coverages sold to individuals and families for primarily noncommercial purposes. (F) For title insurance producers, not less than ten (10) hours of instruction in a structured setting or comparable self-study on: (i) ethical practices in the marketing and selling of title insurance; (ii) requirements of the insurance laws and administrative rules of Indiana; (iii) principles of title insurance, including underwriting and escrow issues; and (iv) principles of the federal Real Estate Settlement Procedures Act (12 U.S.C. 2608). (G) For annuity product producers, not less than four (4) hours of instruction in a structured setting or comparable self-study on: (i) types and classifications of annuities; (ii) identification of the parties to an annuity; (iii) the manner in which fixed, variable, and indexed annuity contract provisions affect consumers; (iv) income taxation of qualified and non-qualified annuities; (v) primary uses of annuities; and (vi) appropriate sales practices, replacement, and disclosure requirements. (3) Instruction provided in a structured setting must be provided only by individuals who meet the qualifications established by the commissioner under subsection (b). (b) The commissioner, after consulting with the insurance producer education and continuing education commission, shall adopt rules under IC 4-22-2 prescribing the criteria that a person must meet to render instruction in a certified prelicensing course of study. (c) The commissioner shall adopt rules under IC 4-22-2 prescribing the subject matter that an insurance producer program of study must cover to qualify for certification as a certified prelicensing course of study under this section. (d) The commissioner may make recommendations that the commissioner considers necessary for improvements in course materials. (e) The commissioner shall designate a program of study that meets the requirements of this section as a certified prelicensing course of study for purposes of IC 27-1-15.6-6. (f) For each person that provides one (1) or more certified prelicensing courses of study, the commissioner shall annually determine, of all individuals who received classroom instruction in the certified prelicensing courses of study provided by the person, the percentage who passed the examination required by IC 27-1-15.6-5. The commissioner shall determine only one (1) passing percentage under this subsection for all lines of insurance described in IC 27-1-15.6-7(a) for which the person provides classroom instruction in certified prelicensing courses of study. (g) The commissioner may, after notice and opportunity for a hearing, do the following: (1) Withdraw the certification of a course of study that does not maintain reasonable standards, as determined by the commissioner for the protection of the public. (2) Disqualify a person that is currently qualified under subsection (b) to render instruction in a certified prelicensing course of study from rendering the instruction if the passing percentage calculated under subsection (f) is less than forty-five percent (45%). (h) Current course materials for a prelicensing course of study that is certified under this section must be submitted to the commissioner upon request, but not less frequently than once every three (3) years. As added by P.L.132-2001, SEC.4. Amended by P.L.64-2004, SEC.26; P.L.11-2011, SEC.14; P.L.115-2011, SEC.9; P.L.81-2012, SEC.6; P.L.158-2024, SEC.2.

Ind. Code § 27-1-15.7-5 Certified prelicensing courses of study

Note: This version of section effective 7-1-2027. See also preceding version of this section, effective until 7-1-2027. Sec. 5. (a) To qualify as a certified prelicensing course of study for purposes of IC 27-1-15.6-6, an insurance producer program of study must meet all of the following criteria: (1) Be conducted or developed by an: (A) insurance trade association; (B) accredited college or university; (C) educational organization certified by the commissioner; or (D) insurance company licensed to do business in Indiana. (2) Provide for self-study or instruction provided by an approved instructor in a structured setting, as follows: (A) For life insurance producers, not less than twenty (20) hours of instruction in a structured setting or comparable self-study on: (i) ethical practices in the marketing and selling of insurance; (ii) requirements of the insurance laws and administrative rules of Indiana; and (iii) principles of life insurance. (B) For health insurance producers, not less than twenty (20) hours of instruction in a structured setting or comparable self-study on: (i) ethical practices in the marketing and selling of insurance; (ii) requirements of the insurance laws and administrative rules of Indiana; and (iii) principles of health insurance. (C) For life and health insurance producers, not less than forty (40) hours of instruction in a structured setting or comparable self-study on: (i) ethical practices in the marketing and selling of insurance; (ii) requirements of the insurance laws and administrative rules of Indiana; (iii) principles of life insurance; and (iv) principles of health insurance. (D) For property and casualty insurance producers, not less than forty (40) hours of instruction in a structured setting or comparable self-study on: (i) ethical practices in the marketing and selling of insurance; (ii) requirements of the insurance laws and administrative rules of Indiana; (iii) principles of property insurance; and (iv) principles of liability insurance. (E) For personal lines producers, a minimum of twenty (20) hours of instruction in a structured setting or comparable self-study on: (i) ethical practices in the marketing and selling of insurance; (ii) requirements of the insurance laws and administrative rules of Indiana; and (iii) principles of property and liability insurance applicable to coverages sold to individuals and families for primarily noncommercial purposes. (F) For title insurance producers, not less than ten (10) hours of instruction in a structured setting or comparable self-study on: (i) ethical practices in the marketing and selling of title insurance; (ii) requirements of the insurance laws and administrative rules of Indiana; (iii) principles of title insurance, including underwriting and escrow issues; and (iv) principles of the federal Real Estate Settlement Procedures Act (12 U.S.C. 2608). (G) For annuity product producers, not less than four (4) hours of instruction in a structured setting or comparable self-study on: (i) types and classifications of annuities; (ii) identification of the parties to an annuity; (iii) the manner in which fixed, variable, and indexed annuity contract provisions affect consumers; (iv) income taxation of qualified and non-qualified annuities; (v) primary uses of annuities; and (vi) appropriate sales practices, replacement, and disclosure requirements. (3) Instruction provided in a structured setting must be provided only by individuals who meet the qualifications established by the commissioner under subsection (b). (b) The commissioner shall adopt rules under IC 4-22-2 prescribing the criteria that a person must meet to render instruction in a certified prelicensing course of study. (c) The commissioner shall adopt rules under IC 4-22-2 prescribing the subject matter that an insurance producer program of study must cover to qualify for certification as a certified prelicensing course of study under this section. (d) The commissioner may make recommendations that the commissioner considers necessary for improvements in course materials. (e) The commissioner shall designate a program of study that meets the requirements of this section as a certified prelicensing course of study for purposes of IC 27-1-15.6-6. (f) For each person that provides one (1) or more certified prelicensing courses of study, the commissioner shall annually determine, of all individuals who received classroom instruction in the certified prelicensing courses of study provided by the person, the percentage who passed the examination required by IC 27-1-15.6-5. The commissioner shall determine only one (1) passing percentage under this subsection for all lines of insurance described in IC 27-1-15.6-7(a) for which the person provides classroom instruction in certified prelicensing courses of study. (g) The commissioner may, after notice and opportunity for a hearing, do the following: (1) Withdraw the certification of a course of study that does not maintain reasonable standards, as determined by the commissioner for the protection of the public. (2) Disqualify a person that is currently qualified under subsection (b) to render instruction in a certified prelicensing course of study from rendering the instruction if the passing percentage calculated under subsection (f) is less than forty-five percent (45%). (h) Current course materials for a prelicensing course of study that is certified under this section must be submitted to the commissioner upon request, but not less frequently than once every three (3) years. As added by P.L.132-2001, SEC.4. Amended by P.L.64-2004, SEC.26; P.L.11-2011, SEC.14; P.L.115-2011, SEC.9; P.L.81-2012, SEC.6; P.L.158-2024, SEC.2; P.L.152-2026, SEC.448.

Ind. Code § 27-1-15.7-6 Repealed

As added by P.L.132-2001, SEC.4. Amended by P.L.64-2004, SEC.27; P.L.73-2006, SEC.2. Repealed by P.L.158-2024, SEC.3.

Ind. Code § 27-1-15.7-6.5 Insurance producer education and continuing education commission

Note: This version of section effective until 7-1-2027. See also following repeal of this section, effective 7-1-2027. Sec. 6.5. (a) As used in this section, "commission" refers to the insurance producer education and continuing education commission established by subsection (b). (b) The insurance producer education and continuing education commission is established within the department. The commissioner shall appoint the following seven (7) individuals: (1) One (1) individual nominated by the Professional Insurance Agents of Indiana or its successor organization. (2) One (1) individual nominated by the Independent Insurance Agents of Indiana or its successor organization. (3) One (1) individual nominated by the Indiana Association of Insurance and Financial Advisors or its successor organization. (4) One (1) individual nominated by the Indiana State Association of Health Underwriters or its successor organization. (5) One (1) individual nominated by the Association of Life Insurance Companies or its successor organization. (6) One (1) individual nominated by the Insurance Institute of Indiana or its successor organization. (7) One (1) individual nominated by the Indiana Land Title Association or its successor organization. The commissioner shall solicit nominations from the entities set forth in this subsection. The commissioner may deny to make the appointment of an individual nominated under this subsection only if the commissioner determines that the individual is not in good standing with the department or is not qualified. If the commissioner denies the appointment of an individual nominated under this subsection, the commissioner shall provide the nominating entity with the reason for the denial and allow the nominating entity to submit an alternative nomination. (c) A member of the commission serves for a term of three (3) years that expires June 30, 2027, and every third year thereafter. A member may not serve more than two (2) consecutive terms. (d) The commissioner shall appoint a member of the commission to serve as chairperson, who serves at the will of the commissioner. The commission shall meet: (1) at the call of the chairperson; and (2) at least semiannually. The department shall staff the commission. Four (4) members constitute a quorum of the commission. (e) The commissioner shall fill a vacancy on the commission with a nomination from the entity that nominated the predecessor or the entity's successor. The individual appointed to fill the vacancy shall serve for the remainder of the predecessor's term. (f) A member of the commission is entitled to the minimum salary per diem provided under IC 4-10-11-2.1(b). A member is also entitled to reimbursement for traveling expenses and other expenses actually incurred in connection with the member's duties, in accordance with state travel policies and procedures established by the Indiana department of administration and approved by the budget agency. Money paid under this subsection shall be paid from amounts appropriated to the department. (g) The commission shall review and make recommendations to the commissioner concerning the following: (1) Course materials and curriculum and instructor credentials for prelicensing courses of study for which certification by the commissioner is sought under section 5 of this chapter. (2) Continuing education requirements for insurance producers. (3) Continuing education courses for which the approval of the commissioner is sought under section 4 of this chapter. (4) Rules proposed for adoption by the commissioner concerning continuing education under this chapter. (h) A member of the commission or a designee of the commissioner is permitted access to any classroom while instruction is in progress to monitor the classroom instruction. As added by P.L.158-2024, SEC.4.

Ind. Code § 27-1-15.7-6.5 Repealed

Note: This repeal of section effective 7-1-2027. See also preceding version of this section, effective until 7-1-2027. As added by P.L.158-2024, SEC.4. Repealed by P.L.152-2026, SEC.449.

Ind. Code § 27-1-15.7-7 Rules

Sec. 7. The commissioner may adopt rules under IC 4-22-2 to implement this chapter. As added by P.L.132-2001, SEC.4.

Ind. Code § 27-1-15.7-8 Hearings

Sec. 8. All hearings held under this chapter are governed by IC 4-21.5-3. The commissioner may appoint members of the commissioner's staff to act as hearing officers for purposes of hearings held under this chapter. As added by P.L.132-2001, SEC.4.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/27Fetched: 10/17/2026

Starting a business in Indiana? Indiana LLC guide: costs and requirements