Specifies that, for personal automobile or homeowner's policies: (1) an insured has 30 days to submit a request for an explanation of a material change; and (2) an insurer has 30 days to respond to an insured's request for an explanation of a material change. Requires an insurer of automobile insurance policies and residential policies to mail a notice of nonrenewal to an insured at least 60 days before the expiration of the policy. Allows co-owners of a condominium that meets certain conditions to obtain property and casualty insurance coverage for the condominium units by purchasing a master policy for property and casualty insurance or by allowing each co-owner to purchase property and casualty insurance on an individual basis. Provides that the insurance commissioner has the authority to take certain actions relating to the creation, implementation, or operation of a health benefit exchange.

Statutes affected:
Introduced House Bill (H): 27-2-28-8, 27-7-6-6, 27-7-12-4