Section 507D.1 – Short title.

507D.1 Short title. This chapter shall be known as the “Insurance Assistance Act”. 86 Acts, ch 1211, §26

Section 507D.2 – Collection and analysis of information.

507D.2 Collection and analysis of information. 1. The commissioner of insurance may adopt rules pursuant to chapter 17A for the collection of necessary additional information relating to the availability, obtainability, costs, profits, and losses associated with the provision of property, casualty, product, professional, or other liability insurance within the state, and relating to the feasibility […]

Section 507D.3 – Authorized assistance programs.

507D.3 Authorized assistance programs. The commissioner of insurance is authorized to institute programs, order the institution of programs within the private sector, or to contract with or delegate authority to the department of administrative services for the institution of programs relating to insurance assistance including, but not limited to, the following: 1. The development and […]

Section 507D.4 – Financing of assistance programs.

507D.4 Financing of assistance programs. The insurance commissioner may, by rule, provide for the financing, as necessary, for any or all programs under sections 507D.2 and 507D.3 by the assessment of fees to insurers authorized to write property, casualty, product, professional, or other liability insurance within this state. The commissioner of insurance may assess fees […]

Section 507D.5 – Rate adjustment review.

507D.5 Rate adjustment review. 1. The commissioner of insurance shall conduct a rate adjustment review for all insurers authorized to write property, casualty, product, professional, or other liability insurance within this state and who make a request for rate adjustment regarding such insurance. The commissioner of insurance may employ or contract with actuarial consultants as […]

Section 507D.6 – Continuing studies.

507D.6 Continuing studies. The commissioner of insurance is authorized to conduct such further surveys, market reviews, data collection and analysis, studies of a mandatory risk allocation system and a risk-sharing program and such other studies as the commissioner deems necessary for the proper implementation of this chapter. 86 Acts, ch 1211, §31