Automated Claims Adjudication System

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Sec. 3. As used in this chapter, "automated claims adjudication system" means a preprogrammed computer system that:

(1) is designed for the collection, data entry, calculation, and system generated final resolution of property insurance claims;

(2) is used only by a licensee or a person described in section 6(b)(2) or 6(b)(3) of this chapter;

(3) complies with all claim payment requirements under Indiana insurance law; and

(4) is certified as compliant with the claims adjudication requirements of this chapter by an individual who is an:

(A) independent adjuster who is licensed under this chapter; and

(B) officer of a business entity that is licensed under this chapter.

As added by P.L.11-2011, SEC.22.


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