515F.1 Purpose of chapter.
1. The purpose of this chapter is to promote the public welfare by regulating insurance rates so they are not excessive, inadequate, or unfairly discriminatory, and to authorize and regulate limited cooperative action among insurers in ratemaking-related activities and in other matters within the scope of this chapter. This chapter is not intended to:
a. Prohibit or discourage reasonable competition.
b. Prohibit or encourage, except to the extent necessary to accomplish its purpose, uniformity in rating systems, rating plans, or practices.
2. This chapter shall be liberally interpreted to carry into effect the provisions of this section.
90 Acts, ch 1234, §45
Referred to in §515F.23
Structure Iowa Code
Chapter 515F - CASUALTY INSURANCE
Section 515F.1 - Purpose of chapter.
Section 515F.3 - Scope of chapter.
Section 515F.4 - Rate standards.
Section 515F.4A - Reasonableness of benefits in relation to premium charged.
Section 515F.5 - Rate filings.
Section 515F.5A - Collateral insurance and forced placement.
Section 515F.6 - Disapproval of filings.
Section 515F.7 - Information to be furnished insureds — hearings and appeals of insureds.
Section 515F.8 - Licensing advisory organizations.
Section 515F.9 - Insurers and advisory organizations — prohibited activity.
Section 515F.10 - Advisory organizations — prohibited activity.
Section 515F.11 - Advisory organizations — permitted activity.
Section 515F.12 - Advisory organizations — filing requirements.
Section 515F.13 - Pool and residual market activities.
Section 515F.14 - Examinations.
Section 515F.15 - Rate administration.
Section 515F.16 - False or misleading information.
Section 515F.17 - Assigned risks.
Section 515F.20 - Definitions.
Section 515F.21 - Scope of application.
Section 515F.22 - Competitive market.
Section 515F.23 - Noncompetitive market.
Section 515F.24 - Filing of rates in a competitive market.
Section 515F.25 - Disapproval of a rate filing in a competitive market.
Section 515F.30 - Short title.
Section 515F.32 - Definitions.
Section 515F.33 - FAIR plan established.
Section 515F.35 - Status of plan.
Section 515F.36 - Administration.