Common use of Financial Stability Clause in Contracts

Financial Stability. The Contractor shall meet and comply with all requirements located in Title 27, Articles 1 through 15 of the Indiana Code. This includes, but is not limited to, the requirements pertaining to financial solvency, reinsurance and policy contracts, as well as administration of these processes. FSSA and the Indiana Department of Insurance (IDOI) will monitor the Contractor’s financial performance. FSSA will include IDOI findings in their monitoring activities. FSSA shall be copied on required filings with IDOI, and the required filings shall break out financial information for the PathWays line of business separately. The financial performance reporting requirements are listed in Section 10.1 and are further described in the PathWays MCE Reporting Manual which shall be provided by the Contract award date.

Financial Stability. The Contractor shall meet and comply with all requirements located in Title 27, Articles Artic les 1 through 15 15, of the Indiana Code. This includes, but is not limited to, the requirements pertaining to financial solvency, reinsurance and policy contracts, as well as administration of these processes. FSSA and the Indiana Department of Insurance (IDOI) will monitor the Contractor’s financial performance. FSSA will include IDOI findings in their monitoring activities. FSSA shall be copied on required filings with IDOI, and the required filings shall break out financial information for the PathWays line HIP lines of business separately. The financial performance reporting requirements are listed in Section 10.1 9.1 and are further described in the PathWays HIP MCE Reporting Manual Manuals, which shall be provided by following the Contract award date.

Financial Stability. The Contractor shall meet and comply with all requirements located in Title 27, Articles 1 through 15 of the Indiana Code. This includes, but is not limited to, the requirements pertaining to financial solvency, reinsurance and policy contracts, as well as administration of these processes. FSSA and the Indiana Department of Insurance (IDOI) will monitor the Contractor’s financial performance. FSSA will include IDOI findings in their monitoring activitiesactivit ies. FSSA shall be copied on required filings with IDOI, and the required filings shall break out financial information for the PathWays line of business separately. The financial performance reporting requirements are listed in Section 10.1 and are further described in the PathWays MCE Reporting Manual which shall be provided by the Contract award date.