515J.10 Surplus lines placements.
Diligent search requirements pursuant to section 515I.3, subsection 1, paragraph “c”, shall not apply to flood coverage under an insurance policy issued by an eligible surplus lines insurer until such time that the commissioner certifies in a commissioner’s bulletin or by order that the admitted private flood insurance market is adequate.
2021 Acts, ch 73, §10
NEW section
Structure Iowa Code
Chapter 515J - PRIVATE PRIMARY RESIDENTIAL FLOOD INSURANCE
Section 515J.7 - Notice to commissioner.
Section 515J.8 - Notice to consumers — special flood hazard areas.
Section 515J.9 - Cancellation and nonrenewal — notice.
Section 515J.10 - Surplus lines placements.
Section 515J.11 - Property insurance market participation.
Section 515J.12 - Certification — private flood insurance.
Section 515J.13 - Public records.