519A.8 Participation.
All members of the association shall participate in its writings, expenses, servicing allowance, management fees and losses in the proportion that the net direct premiums of each member, excluding that portion of premiums attributable to the operation of the association, written during the preceding calendar year bears to the aggregate net direct premiums written in this state by all members of the association. Each member’s proportion shall be determined annually on the basis of the annual statements and other reports filed by the insurer with the commissioner.
[C77, 79, 81, §519A.8]
Referred to in §519A.1, 519A.2, 519A.3, 519A.4, 519A.5, 519A.10, 519A.13
Structure Iowa Code
Chapter 519A - MEDICAL MALPRACTICE INSURANCE
Section 519A.3 - Temporary joint underwriting association.
Section 519A.4 - Plan of operation.
Section 519A.5 - Policy forms and rates.
Section 519A.6 - Stabilization reserve fund.
Section 519A.8 - Participation.
Section 519A.9 - Governing board.
Section 519A.10 - Appeals and judicial review.
Section 519A.11 - Annual statements.