2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 515F - CASUALTY INSURANCE
515F.15 - RATE ADMINISTRATION.

        515F.15  RATE ADMINISTRATION.
         1.  Recording and reporting of loss and expense experience.
         The commissioner may adopt reasonable rules for use by companies
      to record and report to the commissioner their rates and other
      information determined by the commissioner to be necessary or
      appropriate for the administration of this chapter and the
      effectuation of its purposes.
         The commissioner may adopt reasonable rules and statistical plans,
      which shall then be used by each insurer in the recording and
      reporting of its loss and expense experience, in order that the
      experience of all insurers may be made available at least annually in
      the form and detail necessary to aid the commissioner in determining
      whether rating systems comply with the standards set forth in section
      515F.4.  The commissioner may designate one or more advisory
      organizations or other agencies to assist in gathering the experience
      and making compilations, and the compilations shall be public
      documents.
         2.  Interchange of rating plan data.
         Reasonable rules and plans may be adopted by the commissioner for
      the interchange of data necessary for the application of rating
      plans.
         3.  Consultation with other states.
         In order to further uniform administration of rate regulatory
      laws, the commissioner and every insurer and advisory organization
      may exchange information and experience data with insurance
      supervisory officials, insurers, and advisory organizations in other
      states and may consult with them with respect to the application of
      rating systems.
         4.  Rules.
         The commissioner may make reasonable rules necessary, including
      definitions of the rate standards contained in section 515F.4, to
      effect the purposes of this chapter.  

         90 Acts, ch 1234, §59
         Referred to in § 515F.23