515J.6 Forms.
The commissioner may require, through the application of the state’s existing regulatory system, all of the following:
1. That an authorized insurer file all forms for primary residential flood insurance coverage.
2. That an authorized insurer may issue an insurance policy, contract, or endorsement.
3. That flood insurance on a residential property that is located in a special flood hazard area designated by the federal emergency management agency provides coverage that at a minimum complies with 42 U.S.C. §4012a(b) and applicable regulations in 84 Fed. Reg. 4953.
2021 Acts, ch 73, §6
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.