2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 507D - INSURANCE ASSISTANCE
507D.5 - RATE ADJUSTMENT REVIEW.

        507D.5  RATE ADJUSTMENT REVIEW.
         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 necessary to review the request.  The person
      conducting the review shall report to the commissioner as to the
      advisability of the adjustment requested.
         The reasonable fees and expenses of an actuarial consultant
      employed or contracted by the commissioner of insurance for purposes
      of a rate adjustment review shall be assessed against and paid by the
      person requesting such rate adjustment.  
         Section History: Recent Form
         86 Acts, ch 1211, § 30

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