2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 507E - INSURANCE FRAUD
507E.6 - DUTIES OF INSURER.

        507E.6  DUTIES OF INSURER.
         An insurer which believes that a claim or application for
      insurance coverage is being made which is a violation of section
      507E.3 shall provide, within sixty days of the receipt of such claim
      or application, written notification to the bureau of the claim or
      application on a form prescribed by the bureau, including any
      additional information requested by the bureau related to the claim
      or application or the party making the claim or application.  The
      fraud bureau shall review each notification and determine whether
      further investigation is warranted.  If the bureau determines that
      further investigation is warranted, the bureau shall conduct an
      independent investigation of the facts surrounding the claim or
      application for insurance coverage to determine the extent, if any,
      to which fraud occurred in the submission of the claim or
      application.  The bureau shall report any alleged violation of law
      disclosed by the investigation to the appropriate licensing agency or
      prosecuting authority having jurisdiction with respect to such
      violation.  

         94 Acts, ch 1072, §6; 2008 Acts, ch 1123, §13