Section 515.148 – Expenses of examination.
515.148 Expenses of examination. The necessary expenses of any examination of any insurance company made or ordered to be made by the commissioner of insurance under this chapter shall be certified to by the commissioner, and paid on the commissioner’s requisition by the company so examined; and in case of failure of the company to […]
Section 515.149 – Compliance with law.
515.149 Compliance with law. An insurance company organized under this chapter, or doing business in this state, or any foreign or alien company doing business in this state, shall conform to the provisions of this chapter and all other laws of this state applicable to the insurance company. [C73, §1147; C97, §1747; C24, 27, 31, […]
Section 515.150 – Violations.
515.150 Violations. It shall be unlawful for any officer, manager, or agent of any insurance company or association who, with knowledge that it is doing business in an unlawful manner, or is insolvent, to solicit or receive applications for insurance with the company or association, or to do any other act or thing toward procuring […]
Section 515.151 – Officers punished.
515.151 Officers punished. It shall be unlawful for any of the following to fail to comply with or to violate any of the requirements of this chapter: 1. The president, secretary, or other officer of any company organized under the laws of this state. 2. Any officer or person doing or attempting to do business […]
Section 515.152 – Judicial review.
515.152 Judicial review. Judicial review of the actions of the commissioner of insurance may be sought in accordance with the terms of the Iowa administrative procedure Act, chapter 17A, upon filing with the clerk of court a good and sufficient bond for the payment of all costs adjudged against the petitioner. Notwithstanding the terms of […]
Section 515.153 – Incrimination.
515.153 Incrimination. The statements and declarations made or testimony given by any officer, agent, or employee in the investigation before the commissioner of insurance, or upon the hearing on the petition for judicial review, as provided in sections 515.141, 515.145, and 515.152, shall not be used against the person making the same in any criminal […]
Section 515.140 – Unlawful combinations — exceptions.
515.140 Unlawful combinations — exceptions. It shall be unlawful for two or more insurance companies doing business in this state, or for the officers, agents, or employees of such companies, to make or enter into any combination or agreement relating to the rates to be charged for insurance, the amount of commissions to be allowed […]
Section 515.141 – Examination of officers and employees.
515.141 Examination of officers and employees. 1. The commissioner of insurance is authorized to issue a subpoena for examination under oath, to any officer, agent, or employee of any company suspected of violating any of the provisions of section 515.140. 2. Upon the filing of a written, verified complaint with the commissioner by two or […]
Section 515.142 – Transfers pending investigation.
515.142 Transfers pending investigation. Any transfer of the stock of any company organized under this chapter, made pending any investigation, shall not release the party making the transfer from any liability for losses which may have accrued previous to such transfer. [C73, §1151; C97, §1734; C24, 27, 31, 35, 39, §8967; C46, 50, 54, 58, […]
Section 515.143 – Revocation of certificate of foreign company.
515.143 Revocation of certificate of foreign company. The commissioner of insurance may examine the condition and affairs of any insurance company, as provided for in this chapter, doing business in this state, not organized under its laws, or cause such examination to be made by a person appointed by the commissioner having no interest in […]