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2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 510 - MANAGING GENERAL AGENTS AND THIRD=PARTY ADMINISTRATORS
510.19 - CLAIM ADJUSTMENT AND SETTLEMENT.

        510.19  CLAIM ADJUSTMENT AND SETTLEMENT.
         The compensation paid to a third-party administrator shall not be
      contingent on claim experience on policies for which the third-party
      administrator adjusts or settles claims.  This section does not
      prevent the compensation of a third-party administrator from being
      based on premiums or charges collected or number of claims paid or
      processed.
         Section History: Recent Form
         89 Acts, ch 227, § 12; 2006 Acts, ch 1117, §45
         Referred to in § 510.21

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