Sec. 2. As used in this chapter, "employer's liability insurance" means the type of insurance described in IC 27-1-5-1, Class 2(b).
As added by P.L.51-2026, SEC.9.
Sec. 3. As used in this chapter, "insurer" means a company that is authorized under IC 27-1-3-20 to engage in the business of insurance in Indiana.
As added by P.L.51-2026, SEC.9.
Sec. 4. As used in this chapter, "participant" refers to any of the following:
(1) An employer that employs a student in a work based learning program.
(2) A student who is enrolled in a work based learning program.
(3) An intermediary (as defined in IC 21-18-1-3.5).
(4) A school corporation (as defined in IC 20-18-2-16(a)).
(5) A charter school (as defined in IC 20-24-1-4).
As added by P.L.51-2026, SEC.9.
Sec. 5. As used in this chapter, "work based learning program" has the meaning set forth in IC 20-20.5-11.5-3.
As added by P.L.51-2026, SEC.9. Amended by P.L.145-2026, SEC.309.
Sec. 6. Any:
(1) underwriting decision made by an insurer that issues a policy of employer's liability insurance or worker's compensation insurance to provide coverage for a participant; or
(2) rating factor applied to a participant for a policy described in subdivision (1);
must be based on objective risk based criteria that are applied uniformly and without regard to the age of the student to be covered under the policy.
As added by P.L.51-2026, SEC.9.