2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 518B - RIOT REINSURANCE PROGRAM
518B.4 - INSURERS ASSESSED.

        518B.4  INSURERS ASSESSED.
         Whenever the secretary shall, in accordance with the Act, present
      to the state a request for reimbursement under the Act, the
      commissioner shall immediately assess all insurers which, during the
      calendar year with respect to which reimbursement is requested by the
      secretary, were licensed to write and engaged in writing property
      insurance business, including the property insurance components of
      multiperil policies on a direct basis, in this state.  The amount of
      each such insurer's assessment shall be calculated by multiplying the
      amount of the reimbursement requested by the secretary by a fraction
      the numerator of which is the insurer's premium actually written in
      this state in that calendar year on habitational and commercial
      property, except farm property, risks and the denominator of which is
      the aggregate premiums written by all licensed insurers on such
      property risks.  In no event shall any insurer's assessment be less
      than one hundred dollars.  

         [C71, 73, 75, 77, 79, 81, § 518B.4]
         Referred to in § 518B.6, 518B.7