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Indiana Annuity Information

Indiana Department of Insurance

The purpose of the Indiana Department of Insurance is to protect Hoosiers as they purchase and use insurance products to keep their assets and their families from loss or harm. Consumers may need assistance with certain claim situations or just help in understanding how their policies work. Our other primary obligation is to monitor the financial solvency of the insurance companies domiciled in Indiana so that the legal promises made in insurance policies are honored. To these ends, our Department staff is committed to providing exceptional Product Comparisons for both our consumers and our companies, and to maintain a fair and objective viewpoint as we examine each issue and circumstance within our jurisdiction.

Commissioner of The Department of Insurance

Commissioner Robertson was appointed by Governor Mitch Daniels as commissioner of the Indiana Department of Insurance in 2010, and reappointed in 2013 by Indiana Governor Mike Pence. He joined the Indiana Department of Insurance in 2008. His insurance career began with the Nebraska Department of Insurance in 1977 where he served as general counsel. Prior to joining the Indiana Department of Insurance, he worked nearly a decade with Conseco Insurance Group where he was a senior vice president. He also served in the U.S. Army as a sergeant in the military police.

Commissioner Robertson was reappointed 2015 chair of the National Association of Insurance Commissioners (NAIC) Market Regulation and Consumer Affairs Committee. In his role as chair of the Market Regulation and Consumer Affairs Committee, Commissioner Robertson oversees the activities of the Market Conduct Accreditation Working Group, Investigations of Life Insurance and Annuity Claims Settlement Practices Task Force, Market Information Systems Task Force, Antifraud Task Force and Professional Health Insurance Advisors Task Force, which is charged to monitor the impact of the Affordable Care Act on health insurance brokers/agents, as well as the insurance consumers and the insurance markets they serve.

Indiana Annuity Resources:

The Indiana Department of Insurance website at http://www.in.gov/idoi has information available about insurance products, companies and agencies. In addition, information specific to annuity owners can be found at http://www.in.gov/idoi/2568.htm. This page outlines how annuity contracts work and provides definitions about the different types of annuities that are available. It also explains the tax implications of annuity payments. Annuity investors can contact the Indiana Department of Insurance at 1-800-622-4461 for more information about annuity and insurance contracts.

Capital: Indianapolis
State Commissioner: Stephen Robertson
Insurance Hotline: (317) 232-2385
Annuity Guarantee Limit: $100,000
Website: http://www.in.gov/idoi
Links: Annuity Info

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