2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 515F - CASUALTY INSURANCE
515F.9 - INSURERS AND ADVISORY ORGANIZATIONS -- PROHIBITED ACTIVITY.

        515F.9  INSURERS AND ADVISORY ORGANIZATIONS --
      PROHIBITED ACTIVITY.
         1.  An insurer or advisory organization shall not:
         a.  Attempt to monopolize, or combine or conspire with any
      other person to monopolize, an insurance market.
         b.  Engage in a boycott, on a concerted basis, of an insurance
      market.
         2. a.  An insurer shall not agree with any other insurer or
      with an advisory organization to mandate adherence to or to mandate
      use of a rate, rating plan, rating schedule, rating rule, policy or
      bond form, rate classification, rate territory, underwriting rule,
      survey, inspection, or similar material, except as needed to develop
      statistical plans permitted by section 515F.11, subsection 1.  The
      fact that two or more insurers, whether or not members or subscribers
      of an advisory organization, use consistently or intermittently, the
      same rates, rating plans, rating schedules, rating rules, policy or
      bond forms, rate classifications, rate territories, underwriting
      rules, surveys or inspections or similar materials is not sufficient
      in itself to support a finding that an agreement exists.
         b.  Two or more insurers having a common ownership or
      operating in this state under common management or control may act in
      concert between or among themselves with respect to any matters
      pertaining to those activities authorized in this chapter as if they
      constituted a single insurer.
         3.  An insurer or advisory organization shall not make an
      arrangement with any other insurer, advisory organization, or other
      person which has the purpose or effect of restraining trade
      unreasonably or of substantially lessening competition in the
      business of insurance.  

         90 Acts, ch 1234, §53
         Referred to in § 515F.13, 515F.23