reglab/housing_qa huggingface dataset:
IA Code § 507C.53 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507C - INSURERS SUPERVISION, REHABILITATION, AND LIQUIDATION|Section 507C.53 - Ancillary formal proceedings.

507C.53 Ancillary formal proceedings.   1. If a domiciliary liquidator has been appointed for an insurer not domiciled in this state, the commissioner may file a petition with the court requesting appointment as ancillary receiver in this state if both of the following exist:   a. If the domiciliary liquidator finds that there are sufficient assets of the insurer located in this state to justify the appointment of an ancillary receiver.   b. If the protection of creditors or policyholders in this state so requires.   2. The court may issue an order appointing an ancillary receiver in whatever terms it deems appropriate. The filing or recording of the order with the recorder of deeds in this state is the same notice as a deed, bill of sale, or other evidence of title duly filed or recorded with that recorder of deeds.   3. When a domiciliary liquidator has been appointed in a reciprocal state, then the ancillary receiver appointed in this state may aid and assist the domiciliary liquidator in recovering assets of the insurer located in this state. As soon as practicable, the ancillary receiver shall liquidate from their respective securities those special deposit claims and secured claims which are proved and allowed in the ancillary proceedings in this state. The ancillary receiver shall pay the necessary expenses of the proceedings and shall promptly transfer all remaining assets, books, accounts and records to the domiciliary liquidator. Subject to this section, the ancillary receiver and any deputies have the same powers and are subject to the same duties with respect to the administration of assets as a liquidator of an insurer domiciled in this state.   4. As to assets and books, accounts, and other records in their respective states, when a domiciliary liquidator has been appointed in this state, ancillary receivers appointed in reciprocal states shall have corresponding rights, duties and powers to those provided in subsection 3 for ancillary receivers appointed in this state.  84 Acts, ch 1175, §53  Referred to in §507C.2, 507C.50, 507C.51, 507C.52
IA Code § 507C.54 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507C - INSURERS SUPERVISION, REHABILITATION, AND LIQUIDATION|Section 507C.54 - Ancillary summary proceedings.

507C.54 Ancillary summary proceedings.   In the sole discretion of the commissioner, the commissioner may institute proceedings under sections 507C.9 through 507C.11 at the request of the commissioner or other appropriate insurance official of the domiciliary state of a foreign or alien insurer having property located in this state.  84 Acts, ch 1175, §54
IA Code § 507C.55 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507C - INSURERS SUPERVISION, REHABILITATION, AND LIQUIDATION|Section 507C.55 - Claims of nonresidents against insurers domiciled in this state.

507C.55 Claims of nonresidents against insurers domiciled in this state.   1. In a liquidation proceeding begun in this state against an insurer domiciled in this state, claimants residing in foreign countries or in nonreciprocal states shall file claims in this state, and claimants residing in reciprocal states shall file claims either with the ancillary receivers in their respective states or with the domiciliary liquidator. Claims shall be filed on or before the last date fixed for the filing of claims in the domiciliary liquidation proceeding.   2. Claims belonging to claimants residing in reciprocal states shall be proved either in the liquidation proceeding in this state as provided in this chapter or in ancillary proceedings in the reciprocal states, if a claim filing procedure is established in the ancillary proceeding. If notice of the claims and opportunity to appear and be heard is afforded the domiciliary liquidator of this state as provided in section 507C.56, subsection 2, with respect to ancillary proceedings, the final allowance of claims by the courts in ancillary proceedings in reciprocal states shall be conclusive as to amount and as to priority against special deposits or other security located in such ancillary states, but shall not be conclusive with respect to priorities against general assets under section 507C.42.  84 Acts, ch 1175, §55; 92 Acts, ch 1117, §33  Referred to in §507C.2
IA Code § 507C.56 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507C - INSURERS SUPERVISION, REHABILITATION, AND LIQUIDATION|Section 507C.56 - Claims of residents against insurers domiciled in reciprocal states.

507C.56 Claims of residents against insurers domiciled in reciprocal states.   1. Promptly after the appointment of the commissioner as ancillary receiver for an insurer not domiciled in this state, the commissioner shall determine whether there are claimants residing in this state who are not protected by guaranty funds and whether the protection of such claimants requires the establishing of a claim filing procedure in the ancillary proceeding. If a claim filing procedure is established, claimants against the insurer who reside within this state may file claims either with the ancillary receiver in this state, or with the domiciliary liquidator. Claims shall be filed on or before the last dates fixed for the filing of claims in the domiciliary liquidation proceeding.   2. Claims belonging to claimants residing in this state may be proved either in the domiciliary state under the law of that state, or in ancillary proceedings in this state, provided a claim filing procedure is established in the ancillary proceeding. If a claimant elects to prove the claim in this state, the claimant shall file the claim with the liquidator in the manner provided in sections 507C.35 and 507C.36. The ancillary receiver shall make a recommendation to the court as under section 507C.43. The ancillary receiver shall also arrange a date for hearing if necessary under section 507C.39 and shall give notice to the liquidator in the domiciliary state, either by certified mail or by personal service at least forty days prior to the date set for hearing. Within thirty days after the giving of the notice, if the domiciliary liquidator gives notice in writing either by certified mail or by personal service to the ancillary receiver and to the claimant of an intention to contest the claim, the domiciliary liquidator is entitled to appear or to be represented in a proceeding in this state involving the adjudication of the claim.   3. The final allowance of the claim by the courts of this state shall be accepted as conclusive as to amount and as to priority against special deposits or other security located in this state.  84 Acts, ch 1175, §56; 92 Acts, ch 1117, §34  Referred to in §507C.2, 507C.55
IA Code § 507C.57 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507C - INSURERS SUPERVISION, REHABILITATION, AND LIQUIDATION|Section 507C.57 - Attachment, garnishment, and levy of execution.

507C.57 Attachment, garnishment, and levy of execution.   An action or proceeding in the nature of an attachment, garnishment, or levy of execution shall not be commenced or maintained in this state against the delinquent insurer or its assets during the pendency in this or any other state of a liquidation proceeding, whether called by that name or not.  84 Acts, ch 1175, §57  Referred to in §507C.2
IA Code § 507C.58 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507C - INSURERS SUPERVISION, REHABILITATION, AND LIQUIDATION|Section 507C.58 - Interstate priorities.

507C.58 Interstate priorities.   1. In a liquidation proceeding in this state involving one or more reciprocal states, the order of distribution of the domiciliary state shall control as to claims of residents of this and reciprocal states. Claims of residents of reciprocal states shall be given equal priority of payment from general assets regardless of where the assets are located.   2. The owners of special deposit claims against an insurer for which a liquidator is appointed in this or any other state is given priority against the special deposits in accordance with the statutes governing the creation and maintenance of the deposits. If there is a deficiency in a deposit so that the claims secured by it are not fully discharged from it, the claimants may share in the general assets. However, the sharing shall be deferred until general creditors and claimants against other special deposits who have received smaller percentages from their respective special deposits have been paid percentages of their claims equal to the percentage paid from the special deposit.   3. The owner of a secured claim against an insurer for which a liquidator has been appointed in this or any other state may surrender the security and file the claim as a general creditor, or the claim may be discharged by resort to the security in accordance with section 507C.41, in which case the deficiency shall be treated as a claim against the general assets of the insurer on the same basis as claims of unsecured creditors.  84 Acts, ch 1175, §58
IA Code § 507C.59 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507C - INSURERS SUPERVISION, REHABILITATION, AND LIQUIDATION|Section 507C.59 - Subordination of claims for noncooperation.

507C.59 Subordination of claims for noncooperation.   If an ancillary receiver in another state or foreign country, whether called by that name or not, fails to transfer to the domiciliary liquidator in this state assets within the ancillary receiver’s control other than special deposits, diminished only by the expenses of the ancillary receivership, the claims filed in the ancillary receivership, other than special deposit claims or secured claims, shall be placed in the class of claims under section 507C.42, subsection 8.  84 Acts, ch 1175, §59; 97 Acts, ch 186, §5
IA Code § 507C.60 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507C - INSURERS SUPERVISION, REHABILITATION, AND LIQUIDATION|Section 507C.60 - Suspension of certificate of authority.

507C.60 Suspension of certificate of authority.   Without advance notice or a hearing, the commissioner may suspend immediately the certificate of authority of any insurer as to which proceedings for receivership, conservatorship, rehabilitation, or other delinquency proceedings have been commenced in any state by the public insurance supervisory official of that state.  2002 Acts, ch 1111, §7
IA Code § 507D.1 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507D - INSURANCE ASSISTANCE|Section 507D.1 - Short title.

507D.1 Short title.   This chapter shall be known as the “Insurance Assistance Act”.  86 Acts, ch 1211, §26
IA Code § 507D.2 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507D - INSURANCE ASSISTANCE|Section 507D.2 - Collection and analysis of information.

507D.2 Collection and analysis of information.   The commissioner of insurance may adopt rules pursuant to chapter 17A for the collection of necessary additional information relating to the availability, obtainability, costs, profits, and losses associated with the provision of property, casualty, product, professional, or other liability insurance within the state, and relating to the feasibility and implementation of market assistance programs, mandatory risk allocation programs, risk-sharing programs, risk management programs, or any other authorized program under section 507D.3.   The commissioner shall provide for the analysis of such information gathered pursuant to this or any other section and shall make such analysis available to the general assembly on an annual basis.  86 Acts, ch 1211, §27  Referred to in §507D.4
IA Code § 507D.3 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507D - INSURANCE ASSISTANCE|Section 507D.3 - Authorized assistance programs.

507D.3 Authorized assistance programs.   The commissioner of insurance is authorized to institute programs, order the institution of programs within the private sector, or to contract with or delegate authority to the department of administrative services for the institution of programs relating to insurance assistance including, but not limited to, the following:   1. The development and implementation of a market assistance program to facilitate, arrange, or provide for the acquisition of property, casualty, product, professional, or other liability insurance coverage for all persons or entities seeking such coverage but for which the coverage is presently unavailable or unobtainable to the person or entity.   2. The development and implementation of a mandatory risk allocation system for property, casualty, product, professional, or other liability insurance, except asbestos and environmental impairment liability, in order to assure that all persons or entities for which such insurance is essential may obtain such insurance from insurers authorized to do business within this state.   3. The development and implementation of a risk-sharing program to assist and advise persons or entities seeking property, casualty, product, professional, or other liability insurance, except asbestos and environmental impairment liability, on the most efficient manner in which to share or pool similar risks in order to obtain essential insurance coverage at the minimum cost.   4. The development and implementation of a risk management program for persons or entities to which property, casualty, product, professional, or other liability insurance is essential, such program to include at a minimum the following:   a. Assistance in developing and maintaining loss and loss exposure data on such liability risks.   b. Recommendations regarding risk reduction and risk elimination programs.   c. Recommendations of those practices which will permit protection against such losses at the lowest costs, consistent with good underwriting practices and sound risk management techniques.   5. Subsections 2 and 3 shall have no application or effect after July 1, 1991.   6. An assistance program for the facilitation of insurance and financial responsibility coverage for owners and operators of underground storage tanks which store petroleum shall not be affected by the exceptions of subsections 2 and 3.  86 Acts, ch 1211, §28; 87 Acts, ch 225, §601; 88 Acts, ch 1134, §94; 89 Acts, ch 76, §9; 2003 Acts, ch 145, §286  Referred to in §507D.2, 507D.4
IA Code § 507D.4 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507D - INSURANCE ASSISTANCE|Section 507D.4 - Financing of assistance programs.

507D.4 Financing of assistance programs.   The insurance commissioner may, by rule, provide for the financing, as necessary, for any or all programs under sections 507D.2 and 507D.3 by the assessment of fees to insurers authorized to write property, casualty, product, professional, or other liability insurance within this state. The commissioner of insurance may assess fees and charges against persons or entities for costs incurred in providing assistance to the person or entity pursuant to section 507D.3. Fees collected pursuant to such rules shall be used solely for the purposes of the program for which assessed, and are not to be transmitted to the general fund or used for any other purposes.  86 Acts, ch 1211, §29
IA Code § 507D.5 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507D - INSURANCE ASSISTANCE|Section 507D.5 - Rate adjustment review.

507D.5 Rate adjustment review.   The commissioner of insurance shall conduct a rate adjustment review for all insurers authorized to write property, casualty, product, professional, or other liability insurance within this state and who make a request for rate adjustment regarding such insurance. The commissioner of insurance may employ or contract with actuarial consultants as necessary to review the request. The person conducting the review shall report to the commissioner as to the advisability of the adjustment requested.   The reasonable fees and expenses of an actuarial consultant employed or contracted by the commissioner of insurance for purposes of a rate adjustment review shall be assessed against and paid by the person requesting such rate adjustment.  86 Acts, ch 1211, §30
IA Code § 507D.6 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507D - INSURANCE ASSISTANCE|Section 507D.6 - Continuing studies.

507D.6 Continuing studies.   The commissioner of insurance is authorized to conduct such further surveys, market reviews, data collection and analysis, studies of a mandatory risk allocation system and a risk-sharing program and such other studies as the commissioner deems necessary for the proper implementation of this chapter.  86 Acts, ch 1211, §31
IA Code § 507E.1 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507E - INSURANCE FRAUD|Section 507E.1 - Title.

507E.1 Title.   This chapter may be cited as the “Iowa Insurance Fraud Act”.  94 Acts, ch 1072, §1, 9; 95 Acts, ch 185, §46
IA Code § 507E.2 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507E - INSURANCE FRAUD|Section 507E.2 - Purpose.

507E.2 Purpose.   An insurance fraud bureau is created within the insurance division. Upon a reasonable determination by the division, by its own inquiries or as a result of a complaint filed with the division, that a person has engaged in, is engaging in, or may be engaging in an act or practice that violates any provision of the Code subject to the jurisdiction of the commissioner, the division may administer oaths and affirmations, serve subpoenas ordering the attendance of witnesses, and collect evidence related to such act or practice.  94 Acts, ch 1072, §2; 2020 Acts, ch 1016, §2  Section amended
IA Code § 507E.2A (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507E - INSURANCE FRAUD|Section 507E.2A - Definitions.

507E.2A Definitions.   As used in this chapter, unless the context otherwise requires:   1. “Insurance” means any and all contracts, arrangements, and agreements by or through which one party, for compensation, assumes risks of another party and promises to pay the second party or the second party’s nominee a certain or ascertainable sum of money on the occurrence of a specified contingency. “Insurance” includes any and all contracts, arrangements, or agreements contemplated by, falling within, and coming under section 87.11. Without limiting the foregoing, “insurance” includes any contract of insurance, indemnity, subscription, membership, suretyship, or annuity that has been issued, is proposed for issuance, or is intended for issuance by any person or entity.   2. “Insurer” includes an insurer that issues a policy of workers’ compensation, a self-insured business for purposes of workers’ compensation liability, or a group or self-insured plan as described in section 87.4.  2018 Acts, ch 1169, §22
IA Code § 507E.3 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507E - INSURANCE FRAUD|Section 507E.3 - Fraudulent submissions — penalty.

507E.3 Fraudulent submissions — penalty.   1. For purposes of this chapter, “statement” includes, but is not limited to, any notice, statement, proof of loss, bill of lading, receipt for payment, invoice, account, estimate of property damage, bill for services, diagnosis, prescription, hospital or physician record, X ray, test result, or other evidence of loss, injury, or expense.   2. A person commits a class “D” felony if the person, with the intent to defraud an insurer, does any of the following:   a. Presents or causes to be presented to an insurer, any written document or oral statement, including a computer-generated document, as part of, or in support of, a claim for payment or other benefit pursuant to an insurance policy, knowing that such document or statement contains any false information concerning a material fact.   b. Assists, abets, solicits, or conspires with another to present or cause to be presented to an insurer, any written document or oral statement, including a computer-generated document, that is intended to be presented to any insurer in connection with, or in support of, any claim for payment or other benefit pursuant to an insurance policy, knowing that such document or statement contains any false information concerning a material fact.   c. Presents or causes to be presented to an insurer, any written document or oral statement, including a computer-generated document, as part of, or in, an application for insurance coverage, knowing that such document or statement contains false information concerning a material fact.  94 Acts, ch 1072, §3, 9; 95 Acts, ch 185, §46; 96 Acts, ch 1045, §2  Referred to in §507E.6, 910.1
IA Code § 507E.3A (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507E - INSURANCE FRAUD|Section 507E.3A - Fraudulent sales practices — penalties.

507E.3A Fraudulent sales practices — penalties.   1. A person commits the offense of fraudulent sales practices if the person, with the intent to defraud another person in connection with any sale, solicitation, or negotiation of insurance in this state, willfully does any of the following:   a. Employs any deception, device, scheme, or artifice to defraud.   b. Misrepresents, conceals, or suppresses any material fact.   c. Engages in any act, practice, or course of business which operates as a fraud or deceit upon any person.   2. A person who violates subsection 1 commits a class “D” felony.   3. Notwithstanding subsection 2, a person commits a class “C” felony if the person violates subsection 1, and such violation results in a loss of more than ten thousand dollars.  2016 Acts, ch 1122, §5; 2017 Acts, ch 29, §143  Referred to in §910.1
IA Code § 507E.4 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507E - INSURANCE FRAUD|Section 507E.4 - Examination of information outside the state.

507E.4 Examination of information outside the state.   The bureau shall seek to obtain by request, any information related to the enforcement of this chapter in the possession of a person located outside the state. The bureau may designate a representative, including an official of the state where the information is located, to inspect the information on behalf of the bureau at the place where the information is located. The bureau may respond to similar requests from an official from another state.  94 Acts, ch 1072, §4