2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 515F - CASUALTY INSURANCE
515F.32 - DEFINITIONS.

        515F.32  DEFINITIONS.
         1.  "Basic property insurance" means insurance against direct
      loss to property as defined in the standard fire policy and extended
      coverage, vandalism, and malicious mischief endorsements; homeowners
      insurance; and such other coverage or classes of insurance as may be
      added to the FAIR plan by the commissioner.  "Basic property
      insurance" does not include any of the following:
         a.  Automobile insurance.
         b.  Inland marine insurance.
         2.  "FAIR plan" means the plan to assure fair access to
      insurance requirements established pursuant to section 515F.33.
         3.  "Insurer" includes all companies or associations licensed
      to transact insurance business in this state under chapters 515, 518,
      and 518A, and companies or associations admitted or seeking to be
      admitted to do business in this state under any of those chapters,
      notwithstanding any provision of the Code to the contrary.  
         Section History: Recent Form
         2003 Acts, ch 119, §3, 11; 2004 Acts, ch 1101, §74

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