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
Subsection 1, NEW paragraph a and former paragraphs a – g redesignated as b – h
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.