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 herein provided, 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
Referred to in §515A.12
Subsection 1 amended
Structure Iowa Code
Chapter 515A - WORKERS’ COMPENSATION LIABILITY INSURANCE RATES
Section 515A.1 - Purpose of chapter.
Section 515A.2 - Definitions — scope of chapter.
Section 515A.3 - Making of rates.
Section 515A.4 - Rate filings.
Section 515A.5 - Disapproval of filings.
Section 515A.6 - Rating organizations.
Section 515A.7 - Uniform rating plans and deviations.
Section 515A.8 - Appeal by member or subscriber.
Section 515A.9 - Information to be furnished insureds — hearings and appeals of insureds.
Section 515A.10 - Advisory organizations.
Section 515A.11 - Joint underwriting or joint reinsurance.
Section 515A.12 - Examinations.
Section 515A.13 - Rate administration.
Section 515A.14 - False or misleading information.
Section 515A.15 - Assigned risks.
Section 515A.15A - Deductible policies in workers’ compensation.
Section 515A.15B - Applicants unable to procure insurance through ordinary methods.
Section 515A.18 - Hearing procedure and judicial review.