515J.7 Notice to commissioner.
At least thirty calendar days prior to writing primary residential flood insurance in this state, an authorized insurer shall comply with the following requirements:
1. Notify the commissioner of the insurer’s intent to sell primary residential flood insurance.
2. File a plan of operation and financial projections, or material revisions to a plan of operation and financial projections, with the commissioner.
2021 Acts, ch 73, §7
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.