2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 515A - WORKERS' COMPENSATION LIABILITY INSURANCE
515A.10 - ADVISORY ORGANIZATIONS.

        515A.10  ADVISORY ORGANIZATIONS.
         1.  Every group, association or other organization of insurers,
      whether located within or outside of this state, which assists
      insurers which make their own filings or rating organizations in rate
      making, by the collection and furnishing of loss or expense
      statistics, or by the submission of recommendations, but which does
      not make filings under this chapter, shall be known as an advisory
      organization.
         2.  Every advisory organization shall file with the commissioner
      all of the following:
         a.  A copy of its constitution, its articles of agreement or
      association or its certificate of incorporation and of its bylaws,
      rules and regulations governing its activities.
         b.  A list of its members.
         c.  The name and address of a resident of this state upon whom
      notices or orders of the commissioner or process issued at the
      commissioner's direction may be served.
         d.  An agreement that the commissioner may examine such
      advisory organization in accordance with the provisions of section
      515A.12.
         3.  If, after a hearing, the commissioner finds that the
      furnishing of such information or assistance involves any act or
      practice which is unfair or unreasonable or otherwise inconsistent
      with the provisions of this chapter, the commissioner may issue a
      written order specifying in what respects such act or practice is
      unfair or unreasonable or otherwise inconsistent with the provisions
      of this chapter, and requiring the discontinuance of such act or
      practice.
         4.  No insurer which makes its own filings nor any rating
      organization shall support its filings by statistics or adopt rate
      making recommendations, furnished to it by an advisory organization
      which has not complied with this section or with an order of the
      commissioner involving such statistics or recommendations issued
      under subsection 3 of this section.  If the commissioner finds such
      insurer or rating organization to be in violation of this subsection
      the commissioner may issue an order requiring the discontinuance of
      such violation.  

         Section History: Early Form

         [C50, 54, 58, 62, § 515A.10, 515B.10; C66, 71, 73, 75, 77, 79, 81,
      § 515A.10] 

         Section History: Recent Form

         2006 Acts, ch 1117, §71
         Referred to in § 515A.12