2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 515F - CASUALTY INSURANCE
515F.11 - ADVISORY ORGANIZATIONS -- PERMITTED ACTIVITY.

        515F.11  ADVISORY ORGANIZATIONS -- PERMITTED
      ACTIVITY.
         An advisory organization, in addition to other activities not
      prohibited, may, on behalf of its members and subscribers, do any or
      all of the following:
         1.  Develop statistical plans including territorial and class
      definitions.
         2.  Collect statistical data from members, subscribers, or any
      other source.
         3.  Prepare and distribute prospective loss costs.
         4.  Prepare and distribute factors, calculations, or formulas
      pertaining to classifications, territories, increased limits, and
      other variables.
         5.  Prepare and distribute manuals of rating rules and rating
      schedules that do not include final rates, expense provisions, profit
      provisions, or minimum premiums.
         6.  Distribute information that is required or directed to be
      filed with the commissioner.
         7.  Conduct research and on-site inspections in order to prepare
      classifications of public fire defenses.
         8.  Consult with public officials regarding public fire protection
      as it would affect members, subscribers, and others.
         9.  Conduct research and collect statistics in order to discover,
      identify, and classify information relating to causes or prevention
      of losses.
         10.  Prepare policy forms and endorsements and consult with
      members, subscribers, and others relative to their use and
      application.
         11.  Conduct research and on-site inspections for the purpose of
      providing risk information relating to individual structures.
         12.  Collect, compile, and distribute past and current prices of
      individual insurers and publish such information.
         13.  File final rates, at the direction of the commissioner, for
      residual market mechanisms.
         14.  Collect, compile, and distribute historical expense
      information.
         15.  Furnish any other services, as approved or directed by the
      commissioner, related to those enumerated in this section.  
         Section History: Recent Form
         90 Acts, ch 1234, §55
         Referred to in § 515F.2, 515F.5, 515F.9, 515F.10, 515F.23

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