reglab/statecodes huggingface dataset:
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515 - INSURANCE OTHER THAN LIFE › Section 515.138 - Notice of loss of or damage to personal property by hail.

515.138 Notice of loss of or damage to personal property by hail.
In case of loss or damage to growing crops by hail, notice of such loss or damage must be given to the company by the insured by mailing a certified mail letter within ten days from the time such loss or damage occurs.
[C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §515.100]
2007 Acts, ch 152, §26
CS2007, §515.138
2008 Acts, ch 1074, §12
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515 - INSURANCE OTHER THAN LIFE › Section 515.140 - Unlawful combinations — exceptions.

515.140 Unlawful combinations — exceptions.
It shall be unlawful for two or more insurance companies doing business in this state, or for the officers, agents, or employees of such companies, to make or enter into any combination or agreement relating to the rates to be charged for insurance, the amount of commissions to be allowed agents for procuring the same, or the manner of transacting the insurance business within this state, but any number of insurance companies may appoint the same person or persons, who shall be residents of the state of Iowa, as their common agent or agents for the purpose of filing, in the manner prescribed by the insurance commissioner of Iowa, the forms of policies and of all permits and riders used generally throughout the state, as required by the laws of this state to be examined and approved by the said commissioner.
[C97, §1754; C24, 27, 31, 35, 39, §9010; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §515.131]
2007 Acts, ch 152, §38
CS2007, §515.140
Referred to in §515.141, 515.145, 515A.19
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515 - INSURANCE OTHER THAN LIFE › Section 515.141 - Examination of officers and employees.

515.141 Examination of officers and employees.
1. The commissioner of insurance is authorized to issue a subpoena for examination under oath, to any officer, agent, or employee of any company suspected of violating any of the provisions of section 515.140.
2. Upon the filing of a written, verified complaint with the commissioner by two or more residents of this state alleging that a company has violated section 515.140, the commissioner shall issue a subpoena for examination under oath to any officer, agent, or employee of the company.
[C97, §1755; C24, 27, 31, 35, 39, §9012; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §515.133]
2003 Acts, ch 91, §38; 2007 Acts, ch 152, §39, 69
CS2007, §515.141
2008 Acts, ch 1074, §13
Referred to in §515.153
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515 - INSURANCE OTHER THAN LIFE › Section 515.142 - Transfers pending investigation.

515.142 Transfers pending investigation.
Any transfer of the stock of any company organized under this chapter, made pending any investigation, shall not release the party making the transfer from any liability for losses which may have accrued previous to such transfer.
[C73, §1151; C97, §1734; C24, 27, 31, 35, 39, §8967; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §515.88]
2007 Acts, ch 152, §17
CS2007, §515.142
2008 Acts, ch 1074, §14
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515 - INSURANCE OTHER THAN LIFE › Section 515.143 - Revocation of certificate of foreign company.

515.143 Revocation of certificate of foreign company.
The commissioner of insurance may examine the condition and affairs of any insurance company, as provided for in this chapter, doing business in this state, not organized under its laws, or cause such examination to be made by a person appointed by the commissioner having no interest in any insurance company; and if it appears to the commissioner’s satisfaction that the affairs of a company are in an unsound condition or that a company has failed to maintain the capital and surplus required by section 515.69, the commissioner shall revoke or suspend the certificates granted in its behalf.
[C73, §1152; C97, §1735; C24, 27, 31, 35, 39, §8968; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §515.89]
91 Acts, ch 213, §28; 2007 Acts, ch 152, §18
CS2007, §515.143
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515 - INSURANCE OTHER THAN LIFE › Section 515.144 - Suspension and summary suspension.

515.144 Suspension and summary suspension.
The commissioner may do one or more of the following:
1. For a violation of Title XIII, subtitle 1, after a hearing provided pursuant to chapter 17A, order the suspension of the license or authority to transact the business of insurance within the state.
2. Upon three days’ notice, if the commissioner has reason to believe that there is imminent substantial risk to an insurer’s solvency, order the insurer to appear before the commissioner and show cause why its license or authority to do insurance business within the state should not be suspended. At the hearing to show cause, the commissioner may summarily suspend the license or authority of the insurer to do business within the state.
3. Summarily order an insurer to cease and desist from a violation, anticipated violation, or suspected violation of chapter 507B, 510, or 513A, if a hearing is provided pursuant to chapter 17A within thirty days of the summary cease and desist order.
91 Acts, ch 213, §29
CS91, §515.90
2007 Acts, ch 152, §19
CS2007, §515.144
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515 - INSURANCE OTHER THAN LIFE › Section 515.145 - Revocation of authority.

515.145 Revocation of authority.
If upon any examination, or upon information obtained from any witness produced or examined, the commissioner determines that a company has violated section 515.140, or if any officer, agent, or employee fails to appear or submit to examination after receiving a subpoena, the commissioner shall promptly issue an order revoking the authority of the company to transact business within this state, and the company shall not be permitted to do the business of insurance in this state for one year.
[C97, §1755; C24, 27, 31, 35, 39, §9013; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §515.134]
2003 Acts, ch 91, §39; 2007 Acts, ch 152, §40, 70
CS2007, §515.145
2008 Acts, ch 1074, §15
Referred to in §515.152, 515.153
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515 - INSURANCE OTHER THAN LIFE › Section 515.146 - Certificate refused — administrative penalty.

515.146 Certificate refused — administrative penalty.
The commissioner of insurance shall withhold the commissioner’s certificate or permission of authority to do business from a company neglecting or failing to comply with this chapter. In addition, a company organized or authorized under this chapter which fails to file the annual statement referred to in section 515.63 in the time required shall pay and forfeit an administrative penalty in an amount of five hundred dollars to be collected in the name of the state for deposit as provided in section 505.7. The company’s right to transact further new business in this state shall immediately cease until the company has fully complied with this chapter. The commissioner may give notice to a company which has failed to file within the time required that the company is in violation of this section and, if the company fails to file the evidence of investment and statement within ten days of the date of the notice, the company shall forfeit and pay the additional sum of one hundred dollars for each day the failure continues, to be paid to the treasurer of state for deposit as provided in section 505.7.
[C97, §1715; C24, 27, 31, 35, 39, §8947; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §515.65]
85 Acts, ch 228, §6; 91 Acts, ch 213, §26; 2007 Acts, ch 152, §3
CS2007, §515.146
2008 Acts, ch 1074, §16; 2009 Acts, ch 181, §78
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515 - INSURANCE OTHER THAN LIFE › Section 515.147 - Fees.

515.147 Fees.
Fees shall be paid to the commissioner of insurance for deposit as provided in section 505.7 as follows:
1. For filing an application to do business, including all documents submitted in connection with the application, by a foreign or domestic company, or for filing an application for renewed authority, fifty dollars.
2. For issuing to a foreign or domestic company a certificate of authority to do business or a renewed certificate of authority, fifty dollars.
3. For filing amended articles of incorporation, fifty dollars.
4. For issuing an amended certificate of authority, twenty-five dollars.
5. For affixing the official seal to any paper filed with the division, ten dollars.
[C73, §1153; C97, §1752; S13, §1752; C24, 27, 31, 35, 39, §9007; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §515.128; 82 Acts, ch 1003, §7]
88 Acts, ch 1112, §304; 2007 Acts, ch 152, §36
CS2007, §515.147
2009 Acts, ch 181, §79
Deposit of fees, §12.10
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515 - INSURANCE OTHER THAN LIFE › Section 515.148 - Expenses of examination.

515.148 Expenses of examination.
The necessary expenses of any examination of any insurance company made or ordered to be made by the commissioner of insurance under this chapter shall be certified to by the commissioner, and paid on the commissioner’s requisition by the company so examined; and in case of failure of the company to make such payment, the commissioner shall suspend such company from doing business in this state until such expenses are paid. If such expenses are not paid by the company, they shall be audited by the director of the department of administrative services and paid out of the state treasury.
[C73, §1156; C97, §1753; C24, 27, 31, 35, 39, §9008; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §515.129]
2003 Acts, ch 145, §286; 2007 Acts, ch 152, §37
CS2007, §515.148
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515 - INSURANCE OTHER THAN LIFE › Section 515.149 - Compliance with law.

515.149 Compliance with law.
An insurance company organized under this chapter, or doing business in this state, or any foreign or alien company doing business in this state, shall conform to the provisions of this chapter and all other laws of this state applicable to the insurance company.
[C73, §1147; C97, §1747; C24, 27, 31, 35, 39, §8998; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §515.119]
91 Acts, ch 26, §42; 91 Acts, ch 258, §59; 2007 Acts, ch 152, §30
CS2007, §515.149
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515 - INSURANCE OTHER THAN LIFE › Section 515.150 - Violations.

515.150 Violations.
It shall be unlawful for any officer, manager, or agent of any insurance company or association who, with knowledge that it is doing business in an unlawful manner, or is insolvent, to solicit or receive applications for insurance with the company or association, or to do any other act or thing toward procuring or receiving any new business for such company or association.
[C73, §1147; C97, §1747; C24, 27, 31, 35, 39, §8999; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §515.120]
2004 Acts, ch 1110, §55; 2007 Acts, ch 152, §31
CS2007, §515.150
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515 - INSURANCE OTHER THAN LIFE › Section 515.151 - Officers punished.

515.151 Officers punished.
It shall be unlawful for any of the following to fail to comply with or to violate any of the requirements of this chapter:
1. The president, secretary, or other officer of any company organized under the laws of this state.
2. Any officer or person doing or attempting to do business in this state for any insurance company organized either within or without this state.
[C73, §1147; C97, §1748; C24, 27, 31, 35, 39, §9000; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §515.121]
2004 Acts, ch 1110, §56; 2007 Acts, ch 152, §32
CS2007, §515.151
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515 - INSURANCE OTHER THAN LIFE › Section 515.152 - Judicial review.

515.152 Judicial review.
Judicial review of the actions of the commissioner of insurance may be sought in accordance with the terms of the Iowa administrative procedure Act, chapter 17A, upon filing with the clerk of court a good and sufficient bond for the payment of all costs adjudged against the petitioner. Notwithstanding the terms of chapter 17A, petitions for judicial review may be filed in the district court of the county where the decision of the commissioner, pursuant to section 515.145, was made.
[C97, §1756; C24, 27, 31, 35, 39, §9014; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §515.135]
2003 Acts, ch 44, §114; 2007 Acts, ch 152, §41, 71
CS2007, §515.152
Referred to in §515.153
Presumption of approval of bonds, §636.10
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515 - INSURANCE OTHER THAN LIFE › Section 515.153 - Incrimination.

515.153 Incrimination.
The statements and declarations made or testimony given by any officer, agent, or employee in the investigation before the commissioner of insurance, or upon the hearing on the petition for judicial review, as provided in sections 515.141, 515.145, and 515.152, shall not be used against the person making the same in any criminal prosecution against the person.
[C97, §1757; C24, 27, 31, 35, 39, §9015; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §515.136]
2007 Acts, ch 152, §42, 72
CS2007, §515.153
2008 Acts, ch 1074, §17
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515A - WORKERS’ COMPENSATION LIABILITY INSURANCE RATES › Section 515A.1 - Purpose of chapter.

515A.1 Purpose of chapter.
The purpose of this chapter is to promote the public welfare by regulating insurance rates to the end that they shall not be excessive, inadequate or unfairly discriminatory, and to authorize and regulate cooperative action among insurers in rate making and in other matters within the scope of this chapter. Nothing in this chapter is intended to prohibit or discourage reasonable competition, or to prohibit, or encourage except to the extent necessary to accomplish the aforementioned purpose, uniformity in insurance rates, rating systems, rating plans or practices. This chapter shall be liberally interpreted to carry into effect the provisions of this section.
[C50, 54, 58, 62, §515A.1, 515B.1; C66, 71, 73, 75, 77, 79, 81, §515A.1]
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515A - WORKERS’ COMPENSATION LIABILITY INSURANCE RATES › Section 515A.2 - Definitions — scope of chapter.

515A.2 Definitions — scope of chapter.
1. As used in this chapter:
a. “Commissioner” means the commissioner of insurance.
b. “Insurance” means workers’ compensation liability insurance.
c. “Insurer” means an insurer which issues a policy of workers’ compensation liability insurance.
d. “Policy” means a policy of workers’ compensation liability insurance.
e. “Rate” means a rate for workers’ compensation liability insurance.
f. “Rate filing” means a rate filing by a rating organization or an insurer.
g. “Rating organization” means a workers’ compensation rating organization licensed pursuant to this chapter.
h. “Schedule rating plan” means a rating plan by which an insurer increases or decreases workers’ compensation rates to reflect the individual risk characteristics of the subject of the insurance.
2. This chapter applies only to workers’ compensation liability insurance.
[C50, 54, 58, 62, §515A.2, 515B.2; C66, 71, 73, 75, 77, 79, 81, §515A.2]
90 Acts, ch 1234, §43; 2008 Acts, ch 1123, §29; 2021 Acts, ch 181, §15
Referred to in §515A.15
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515A - WORKERS’ COMPENSATION LIABILITY INSURANCE RATES › Section 515A.3 - Making of rates.

515A.3 Making of rates.
1. Rates shall be made in accordance with the following provisions:
a. Rates shall not be excessive, inadequate, or unfairly discriminatory.
b. Due consideration shall be given to past and prospective loss experience within and outside this state; to catastrophe hazards; to a reasonable margin for underwriting profit and contingencies; to dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members, or subscribers; to past and prospective expenses both countrywide and those specially applicable to this state; and to all other relevant factors within and outside this state.
c. The systems of expense provisions included in the rates for use by any insurer or group of insurers may differ from those of other insurers or group of insurers to reflect the requirements of the operating methods of any such insurer or group of insurers with respect to any kind of insurance, or with respect to any subdivision or combination thereof for which subdivision or combination separate expense provisions are applicable.
d. Risks may be grouped by classifications for the establishment of rates and minimum premiums. Classification rates may be modified to produce rates for individual risks in accordance with rating plans which establish standards for measuring variations in hazards or expense provisions, or both. Such standards may measure any differences among risks that can be demonstrated to have a probable effect upon losses or expenses.
2. Except to the extent necessary to meet the provisions of paragraph “a” of subsection 1 of this section, uniformity among insurers in any matters within the scope of this section is neither required nor prohibited.
[C50, 54, 58, 62, §515A.3, 515B.3; C66, 71, 73, 75, 77, 79, 81, §515A.3]
2008 Acts, ch 1123, §30
Referred to in §515A.4, 515A.7, 515A.8, 515A.13
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515A - WORKERS’ COMPENSATION LIABILITY INSURANCE RATES › Section 515A.8 - Appeal by member or subscriber.

515A.8 Appeal by member or subscriber.
1. Any member or subscriber to a rating organization may appeal to the commissioner from the action or decision of such rating organization in approving or rejecting any proposed change in or addition to the filings of such rating organization and the commissioner shall, after a hearing held upon not less than ten days’ written notice to the appellant, and to such rating organization, issue an order approving the action or decision of such rating organization or directing it to give further consideration to such proposal, or, if such appeal is from the action or decision of the rating organization in rejecting a proposed addition to its filings, the commissioner may, in the event the commissioner finds that such action or decision was unreasonable, issue an order directing the rating organization to make an addition to its filings, on behalf of its members and subscribers, in a manner consistent with the findings, within a reasonable time after the issuance of such order.
2. If such appeal is based upon the failure of the rating organization to make a filing on behalf of such member or subscriber, which is based on a system of expense provisions which differs, in accordance with the right granted in section 515A.3, subsection 1, paragraph “c”, from the system of expense provisions included in a filing made by the rating organization, the commissioner shall, if the commissioner grants the appeal, order the rating organization to make the requested filing for use by the appellant. In deciding such appeal the commissioner shall apply the standards set forth in section 515A.3.
[C50, 54, 58, 62, §515A.8, 515B.8; C66, 71, 73, 75, 77, 79, 81, §515A.8]
2008 Acts, ch 1123, §37; 2015 Acts, ch 29, §78
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515A - WORKERS’ COMPENSATION LIABILITY INSURANCE RATES › Section 515A.9 - Information to be furnished insureds — hearings and appeals of insureds.

515A.9 Information to be furnished insureds — hearings and appeals of insureds.
Every rating organization and every insurer which makes its own rate shall, within a reasonable time after receiving written request therefor and upon payment of such reasonable charge as it may make, furnish to any insured affected by a rate made by it, or to the authorized representative of such insured, all pertinent information as to such rate. Every rating organization and every insurer which makes its own rates shall provide within this state reasonable means whereby any person aggrieved by the application of its rating system may be heard, in person or by the person’s authorized representative, on the person’s written request to review the manner in which such rating system has been applied in connection with the insurance afforded the person. Such review of the manner in which a rating system has been applied is not a contested case under chapter 17A. If the rating organization or insurer fails to grant or reject such request within thirty days after it is made, the applicant may proceed in the same manner as if the application had been rejected. Any party affected by the action of such rating organization or such insurer on such request may, within thirty days after written notice of such action, appeal to the commissioner, who, after a hearing held upon not less than ten days’ written notice to the appellant and to such rating organization or insurer, may affirm or reverse such action. Such appeal to the commissioner of the manner in which a rating system has been applied is not a contested case under chapter 17A.
[C50, 54, 58, 62, §515A.9, 515B.9; C66, 71, 73, 75, 77, 79, 81, §515A.9]
2006 Acts, ch 1117, §70; 2007 Acts, ch 22, §90
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515A - WORKERS’ COMPENSATION LIABILITY INSURANCE RATES › Section 515A.10 - Advisory organizations.

515A.10 Advisory organizations.
1. Every group, association or other organization of insurers, whether located within or outside of this state, which assists insurers that make their own filings or rating organizations in rate making, by the collection and furnishing of loss or expense statistics, or by the submission of recommendations, but which does not make filings under this chapter, shall be known as an advisory organization.
2. An advisory organization shall not provide a service relating to this chapter, and an insurer shall not utilize the services of an advisory organization for such purposes, unless the advisory organization has obtained a license under subsection 3.
3. An advisory organization applying for a license shall include with its application to the commissioner all of the following:
a. A copy of its constitution, its articles of agreement or association or its certificate of incorporation and of its bylaws, rules and regulations governing its activities.
b. A list of its members.
c. The name and address of a resident of this state upon whom notices or orders of the commissioner or process issued at the commissioner’s direction may be served.
d. An agreement that the commissioner may examine such advisory organization in accordance with the provisions of section 515A.12.
e. A fee of one hundred dollars.
4. If, after hearing, the commissioner finds that an advisory organization has engaged in any act or practice which is unfair, unreasonable, or in violation of this chapter, the commissioner may issue an order requiring the advisory organization to cease and desist such act or practice. The commissioner may, at any time after hearing, revoke or suspend the license of an advisory organization which does not comply with this chapter.
5. No insurer which makes its own filings nor any rating organization shall support its filings by statistics or adopt rate making recommendations, furnished to it by an advisory organization which has not complied with this section or with an order of the commissioner involving such statistics or recommendations issued under subsection 4 of this section. If the commissioner finds such insurer or rating organization to be in violation of this subsection the commissioner may issue an order requiring the discontinuance of such violation.
6. A license issued under this section shall remain in effect for three years unless sooner suspended or revoked by the commissioner.
[C50, 54, 58, 62, §515A.10, 515B.10; C66, 71, 73, 75, 77, 79, 81, §515A.10]
2006 Acts, ch 1117, §71; 2021 Acts, ch 181, §17; 2022 Acts, ch 1021, §150
Referred to in §515A.12
Subsections 1 and 2 amended
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515A - WORKERS’ COMPENSATION LIABILITY INSURANCE RATES › Section 515A.11 - Joint underwriting or joint reinsurance.

515A.11 Joint underwriting or joint reinsurance.
1. Every group, association or other organization of insurers which engages in joint underwriting or joint reinsurance, shall be subject to regulation with respect thereto as provided in this section, subject, however, with respect to joint underwriting, to all other provisions of this chapter and, with respect to joint reinsurance, to sections 515A.12 and 515A.16 through 515A.19.
2. If, after a hearing, the commissioner finds that any activity or practice of any such group, association or other organization is unfair or unreasonable or otherwise inconsistent with the provisions of this chapter, the commissioner may issue a written order specifying in what respects such activity or practice is unfair or unreasonable or otherwise inconsistent with the provisions of this chapter, and requiring the discontinuance of such activity or practice.
[C50, 54, 58, 62, §515A.11, 515B.11; C66, 71, 73, 75, 77, 79, 81, §515A.11]
2021 Acts, ch 80, §330; 2022 Acts, ch 1021, §151
Referred to in §515A.12
Subsection 1 amended
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515A - WORKERS’ COMPENSATION LIABILITY INSURANCE RATES › Section 515A.12 - Examinations.

515A.12 Examinations.
The commissioner shall, at least once in five years, make or cause to be made an examination of each rating organization licensed in this state as provided in section 515A.6 and the commissioner may, as often as the commissioner may deem it expedient, make or cause to be made an examination of each advisory organization referred to in section 515A.10 and of each group, association or other organization referred to in section 515A.11. The reasonable costs of any such examination shall be paid by the rating organization, advisory organization or group, association or other organization examined upon presentation to it of a detailed account of such costs. The officers, manager, agents and employees of such rating organization, advisory organization, or group, association or other organization may be examined at any time under oath and shall exhibit all books, records, accounts, documents, or agreements governing its method of operation. In lieu of any such examination the commissioner may accept the report of an examination made by the insurance supervisory official of another state, pursuant to the laws of such state.
[C50, 54, 58, 62, §515A.12, 515B.12; C66, 71, 73, 75, 77, 79, 81, §515A.12]
Referred to in §515A.10, 515A.11
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515A - WORKERS’ COMPENSATION LIABILITY INSURANCE RATES › Section 515A.13 - Rate administration.

515A.13 Rate administration.
1. The commissioner shall promulgate reasonable rules and statistical plans, reasonably adapted to each of the rating systems on file with the commissioner, which may be modified from time to time and which shall be used thereafter by each insurer in the recording and reporting of its loss and countrywide expense experience, in order that the experience of all insurers may be made available at least annually in such form and detail as may be necessary to aid the commissioner in determining whether rating systems comply with the standards set forth in section 515A.3. Such rules and plans may also provide for the recording and reporting of expense experience items which are specially applicable to this state and are not susceptible of determination by a prorating of countywide expense experience. In promulgating such rules and plans, the commissioner shall give due consideration to the rating systems on file and, in order that such rules and plans may be as uniform as is practicable among the several states, to the rules and to the form of the plans used for such rating systems in other states. No insurer shall be required to record or report its loss experience on a classification basis that is inconsistent with the rating system filed by it. The commissioner may designate one or more rating organizations or other agencies to assist in gathering such experience and making compilations thereof, and such compilations shall be made available, subject to reasonable rules promulgated by the commissioner, to insurers and rating organizations.
2. Reasonable rules and plans may be promulgated by the commissioner for the interchange of data necessary for the application of rating plans.
3. In order to further uniform administration of rate regulatory laws, the commissioner and every insurer and rating organization may exchange information and experience data with insurance supervisory officials, insurers, and rating organizations in other states and may consult with them with respect to rate making and the application of rating systems.
4. The commissioner may make reasonable rules necessary to effect the purposes of this chapter.
5. A person other than the commissioner or the commissioner’s designee shall not release to another person, other than to the servicing insurer of the policy or to the commissioner or the commissioner’s designee, experience, payroll, loss data, expiration date of a policy, or classification information without the prior written approval of the policyholder. A violation of this section shall be considered an unfair trade practice pursuant to chapter 507B.
[C50, 54, 58, 62, §515A.13, 515B.13; C66, 71, 73, 75, 77, 79, 81, §515A.13]
94 Acts, ch 1176, §13; 2008 Acts, ch 1123, §38
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515A - WORKERS’ COMPENSATION LIABILITY INSURANCE RATES › Section 515A.14 - False or misleading information.

515A.14 False or misleading information.
No person or organization shall willfully withhold information from, or knowingly give false or misleading information to, the commissioner, any statistical agency designated by the commissioner, any rating organization, or any insurer, which will affect the rates or premiums chargeable under this chapter. A violation of this section shall subject the one guilty of such violation to the penalties provided in section 515A.17.
[C50, 54, 58, 62, §515A.14, 515B.14; C66, 71, 73, 75, 77, 79, 81, §515A.14]
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515A - WORKERS’ COMPENSATION LIABILITY INSURANCE RATES › Section 515A.15 - Assigned risks.

515A.15 Assigned risks.
1. Agreements shall be made among insurers with respect to the equitable apportionment among them of insurance which may be afforded applicants who are in good faith entitled to but who are unable to procure such insurance through ordinary methods and such insurers may agree among themselves on the use of reasonable rate modifications for such insurance, the agreements and rate modifications to be subject to the approval of the commissioner.
2. For purposes of this section, “insurer” includes, in addition to insurers defined pursuant to section 515A.2, a self-insurance association formed on or after July 1, 1995, pursuant to section 87.4 except for an association comprised of cities or counties, or both, or an association comprised of community colleges as defined in section 260C.2, which have entered into an agreement pursuant to chapter 28E for the purpose of establishing a self-insured program for the payment of workers’ compensation benefits.
[C50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §515A.15]
95 Acts, ch 185, §24; 2021 Acts, ch 76, §150
Referred to in §87.4
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515A - WORKERS’ COMPENSATION LIABILITY INSURANCE RATES › Section 515A.15A - Deductible policies in workers’ compensation.

515A.15A Deductible policies in workers’ compensation.
The commissioner may enter an order under section 515A.18 to assure availability within this state of a policy under this chapter which provides as part of the policy, or as an endorsement to the policy, an option for a deductible related to benefits payable under a policy issued pursuant to this chapter. The order may make provisions for changes in experience ratings, premium surcharges, or any other modification, as a result of issuance of a policy, or of an endorsement to the policy, pursuant to the order. Under an order entered pursuant to this section, the commissioner shall provide that if the policyholder selects a deductible option, the insured employer is liable for all of the amount of the deductible for benefits paid for each compensable claim of an employee under the policy.
92 Acts, ch 1053, §1
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515A - WORKERS’ COMPENSATION LIABILITY INSURANCE RATES › Section 515A.15B - Applicants unable to procure insurance through ordinary methods.

515A.15B Applicants unable to procure insurance through ordinary methods.
An agreement among licensed insurers to offer workers’ compensation insurance for applicants unable to procure workers’ compensation insurance through ordinary methods shall be administered by a rating organization licensed under this chapter.
98 Acts, ch 1057, §10
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515A - WORKERS’ COMPENSATION LIABILITY INSURANCE RATES › Section 515A.16 - Premiums.

515A.16 Premiums.
An agent shall not knowingly charge, demand, or receive a premium for any policy of insurance except in accordance with the provisions of this chapter.
[C50, 54, 58, 62, §515A.16, 515B.15; C66, 71, 73, 75, 77, 79, 81, §515A.16]
93 Acts, ch 88, §21
Referred to in §515A.11
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515A - WORKERS’ COMPENSATION LIABILITY INSURANCE RATES › Section 515A.17 - Penalties.

515A.17 Penalties.
1. The commissioner may, if the commissioner finds that any person or organization has violated any provision of this chapter, impose a penalty of not more than one thousand dollars for each such violation, but if the commissioner finds such violation to be willful the commissioner may impose a penalty of not more than five thousand dollars for each such violation. Such penalties may be in addition to any other penalty provided by law. A penalty collected under this subsection shall be deposited as provided in section 505.7.
2. The commissioner may suspend the license of any rating organization or insurer which fails to comply with an order of the commissioner within the time limited by such order, or any extension thereof which the commissioner may grant. The commissioner shall not suspend the license of any rating organization or insurer for failure to comply with an order until the time prescribed for an appeal therefrom has expired or if an appeal has been taken, until such order has been affirmed. The commissioner may determine when a suspension of license shall become effective and it shall remain in effect for the period fixed by the commissioner, unless the commissioner modifies or rescinds such suspension, or until the order upon which such suspension is based is modified, rescinded, or reversed.
3. A penalty shall not be imposed and a license shall not be suspended or revoked except upon a written order of the commissioner, stating the commissioner’s findings, made after a hearing held upon not less than ten days’ written notice to such person or organization specifying the alleged violation.
[C50, 54, 58, 62, §515A.17, 515B.16; C66, 71, 73, 75, 77, 79, 81, §515A.17]
2008 Acts, ch 1123, §39; 2009 Acts, ch 181, §80
Referred to in §515A.11, 515A.14
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515A - WORKERS’ COMPENSATION LIABILITY INSURANCE RATES › Section 515A.18 - Hearing procedure and judicial review.

515A.18 Hearing procedure and judicial review.
1. Any person, insurer or rating organization to which the commissioner has directed an order made without a hearing may, within thirty days after notice to it of such order, make written request to the commissioner for a hearing thereon. The commissioner shall hear such party or parties within twenty days after receipt of such request and shall give not less than ten days’ written notice of the time and place of the hearing. Within fifteen days after such hearing the commissioner shall affirm, reverse or modify the previous action, specifying the commissioner’s reasons therefor. Pending such hearing and decision thereon the commissioner may suspend or postpone the effective date of the commissioner’s previous action.
2. Nothing contained in this chapter shall require the observance at any hearing of formal rules of pleading or evidence.
3. a. Judicial review of the actions of the commissioner may be sought in accordance with the terms of the Iowa administrative procedure Act, chapter 17A.
b. The court shall determine whether the filing of the petition for such writ shall operate as a stay of any such order or decision of the commissioner. The court may, in disposing of the issue before it, modify, affirm or reverse the order or decision of the commissioner in whole or in part.
[C50, 54, 58, 62, §515A.18, 515B.17; C66, 71, 73, 75, 77, 79, 81, §515A.18]
2003 Acts, ch 44, §114; 2012 Acts, ch 1023, §157
Referred to in §515A.11, 515A.15A
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515A - WORKERS’ COMPENSATION LIABILITY INSURANCE RATES › Section 515A.19 - Laws affected.

515A.19 Laws affected.
Compliance with this chapter shall not be deemed to be a violation of section 515.140.
[C50, 54, 58, 62, §515A.19, 515B.18; C66, 71, 73, 75, 77, 79, 81, §515A.19]
2007 Acts, ch 152, §78
Referred to in §515A.11
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515B - INSURANCE GUARANTY ASSOCIATION › Section 515B.1 - Scope.

515B.1 Scope.
This chapter shall apply to all kinds of direct insurance authorized to be written by an insurer licensed to operate in this state under chapter 515 or chapter 520, but shall not be applicable to the following:
1. Life, annuity, health, or disability insurance.
2. Mortgage guaranty, financial guaranty, residual value, or other forms of insurance offering protection against investment risks.
3. Fidelity or surety bonds, or any other bonding obligations.
4. Credit insurance, vendors’ single interest insurance, or collateral protection insurance or any similar insurance protecting the interests of a creditor arising out of a creditor-debtor transaction.
5. Insurance warranties or service contracts, including insurance that provides for the repair, replacement, or service of goods or property, or indemnification for repair, replacement, or service, for the operational or structural failure of the goods or property due to a defect in materials, workmanship, or normal wear and tear, or provides reimbursement for the liability incurred by the issuer of agreements or service contracts that provide such benefits.
6. Title insurance.
7. Ocean marine insurance.
8. A transaction or combination of transactions between a person, including affiliates of such person, and an insurer, including affiliates of such insurer, which involves the transfer of investment or credit risk unaccompanied by transfer of insurance risk.
9. Insurance provided by, guaranteed by, or reinsured by government.
[C71, 73, 75, 77, 79, 81, §515B.1]
86 Acts, ch 1184, §2; 88 Acts, ch 1112, §504; 97 Acts, ch 186, §13; 2001 Acts, ch 69, §31; 2009 Acts, ch 145, §24
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515B - INSURANCE GUARANTY ASSOCIATION › Section 515B.3 - Creation of the association.

515B.3 Creation of the association.
There is created a nonprofit unincorporated legal entity to be known as the Iowa insurance guaranty association. All insurers as defined in section 515B.2, subsection 5 shall be and remain members of the association as a condition of their authority to transact insurance in this state. The association shall perform its functions under a plan of operation established and approved pursuant to section 515B.6 and shall exercise its powers through a board of directors established under section 515B.4. Except as otherwise provided in such plan of operation, annual or special meetings of members of the association may be held on call as directed by the association’s board of directors or by the commissioner of insurance, upon not less than ten days’ written notice by ordinary mail to each member at the member’s principal office as shown by the records in the commissioner’s office, specifying the time and place, and in the case of a special meeting, the purpose of the meeting. Members may vote in person or by proxy and ten members present in person or by proxy shall constitute a quorum for the transaction of any business.
[C71, 73, 75, 77, 79, 81, §515B.3]
Referred to in §515B.2
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515B - INSURANCE GUARANTY ASSOCIATION › Section 515B.4 - Board of directors.

515B.4 Board of directors.
1. The board of directors of the association shall consist of not less than five nor more than nine persons serving terms as established in the plan of operation. The members of the board shall be selected by member insurers subject to the approval of the commissioner. Vacancies on the board shall be filled for the remaining period of the term by majority vote of the remaining directors, subject to the approval of the commissioner.
2. In approving selections to the board the commissioner shall consider among other things whether all member insurers are fairly represented.
3. Members of the board may be reimbursed from the assets of the association for expenses incurred by them as members of the board of directors.
[C71, 73, 75, 77, 79, 81, §515B.4]
2018 Acts, ch 1041, §127
Referred to in §515B.3, 515B.6
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515B - INSURANCE GUARANTY ASSOCIATION › Section 515B.7 - Duties and powers of the commissioner.

515B.7 Duties and powers of the commissioner.
1. The commissioner shall:
a. Notify the association of the existence of an insolvent insurer not later than three days after the commissioner receives notice of the determination of the insolvency.
b. Upon request of the board of directors, provide the association with a statement of the net direct written premiums of each member insurer.
2. The commissioner may:
a. Require that the association notify the insureds of the insolvent insurer and any other interested parties of the determination of insolvency and of their rights under this chapter. Such notification shall be by mail at their last known address, but if sufficient information for notification by mail is not available, notice by publication in a newspaper of general circulation is sufficient.
b. Suspend or revoke, after notice and opportunity for hearing, the certificate of authority to transact insurance in this state of any member insurer which fails to pay an assessment when due or fails to comply with the plan of operation. As an alternative, the commissioner may levy a fine on any member insurer which fails to pay an assessment when due. Such fine shall not exceed five percent of the unpaid assessment per month, except that no fine shall be less than one hundred dollars per month.
c. Revoke the designation of any servicing facility if the commissioner finds claims are being processed unsatisfactorily.
3. Judicial review of actions of the commissioner may be sought in accordance with the terms of the Iowa administrative procedure Act, chapter 17A.
[C71, 73, 75, 77, 79, 81, §515B.7]
2003 Acts, ch 44, §114
Referred to in §515B.5
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515B - INSURANCE GUARANTY ASSOCIATION › Section 515B.8 - Effect of paid claims.

515B.8 Effect of paid claims.
1. Any person recovering under this chapter shall be deemed to have assigned the person’s rights under the policy to the association to the extent of the person’s recovery from the association. Every insured or claimant seeking the protection of this chapter shall cooperate with the association to the same extent as such person would have been required to cooperate with the insolvent insurer. The association shall have no cause of action against the insured of the insolvent insurer for any sums it has paid out except causes of action the insolvent insurer would have had if the sums had been paid by the insolvent insurer.
2. The association and any similar entity in another state shall be recognized as claimants in the liquidation of an insolvent insurer for any amounts paid by them on covered claim obligations as determined under this chapter or under similar law in another state, and shall receive dividends and any other distributions at the priority set forth under the applicable liquidation law. The receiver, liquidator, or statutory successor of an insolvent insurer shall be bound by determinations of covered claim eligibility under this chapter and by settlements of covered claims made by the association or a similar organization in another state. The court having jurisdiction shall grant such claims priority equal to that which the claimant would have been entitled in the absence of this chapter against the assets of the insolvent insurer. The expenses of the association or similar organization in handling claims shall be accorded the same priority as the liquidator’s expenses.
3. The association shall periodically file with the receiver or liquidator of the insolvent insurer statements of the covered claims paid by the association and estimates of anticipated claims on the association, which statements shall preserve the rights of the association against the assets of the insolvent insurer.
[C71, 73, 75, 77, 79, 81, §515B.8]
97 Acts, ch 186, §17; 2003 Acts, ch 91, §41
2023 Iowa Code › Title XIII - COMMERCE › Chapter 515B - INSURANCE GUARANTY ASSOCIATION › Section 515B.9 - Nonduplication of recovery.

515B.9 Nonduplication of recovery.
1. a. Any person having a claim under an insurance policy, and the claim under such other policy alleges the same damages or arises from the same facts, injury, or loss that gives rise to a covered claim against the association, shall be required to first exhaust all coverage provided by that policy, whether such coverage is on a primary, excess, or pro rata basis and any obligation of the association shall not be considered other insurance.
(1) Any amount payable on a covered claim shall be reduced by the full applicable limits of such other insurance policy and the association shall receive full credit for such limits or where there are no applicable limits, the claim shall be reduced by the total recovery.
(2) A policy providing liability coverage to a person who may be jointly and severally liable with, or a joint tortfeasor with, the person covered under the policy of the insolvent insurer shall be first exhausted before any claim is made against the association and the association shall receive credit for the same as provided above.
b. For purposes of this section, an insurance policy means a policy issued by an insurance company, whether or not a member insurer, which policy insures any of the types of risks insured by an insurance company authorized to write insurance under chapter 515, 516A, or 520, or comparable statutes of another state, except those types of risks set forth in chapters 508 and 514.
2. A person having a claim which may be recovered under more than one insurance guaranty association or its equivalent shall seek recovery first from the association of the place of residence of the insured. However, if the claim is a first party claim for damage to property with a permanent location, recovery shall be first sought from the association of the location of the property. If the claim is a workers’ compensation claim, recovery shall be first sought from the association of the residence of the claimant. Any sums recovered from any other guaranty association or equivalent organization shall be subtracted from the maximum liability of the association under section 515B.5, subsection 1, paragraph “a”.
[C71, 73, 75, 77, 79, 81, §515B.9]
86 Acts, ch 1184, §7; 88 Acts, ch 1112, §508; 91 Acts, ch 26, §45; 2003 Acts, ch 91, §42; 2012 Acts, ch 1023, §123