Iowa § 507B.1 Declaration of purpose

Iowa Statutes

§ 507B.1 — Declaration of purpose

Iowa § 507B.1

Title XIIICOMMERCE

Ch. 507BINSURANCE TRADE PRACTICES

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Bluebook

Iowa Code § 507B.1 (2026).

Text

The purpose of this chapter is to regulate trade practices in the business of insurance in
accordance with the intent of Congress as expressed in the Act of Congress of March 9, 1945,
Pub. L. No. 79-15, 59 Stat. 33, codified at 15 U.S.C. §1011 – 1015, by defining, or providing
for the determination of, all such practices in this state which constitute unfair methods of
competition or unfair or deceptive acts or practices and by prohibiting the trade practices so
defined or determined.

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The purpose of this chapter is to regulate trade practices in the business of insurance in
accordance with the intent of Congress as expressed in the Act of Congress of March 9, 1945,
Pub. L. No. 79-15, 59 Stat. 33, codified at 15 U.S.C. §1011 – 1015, by defining, or providing
for the determination of, all such practices in this state which constitute unfair methods of
competition or unfair or deceptive acts or practices and by prohibiting the trade practices so
defined or determined.