Iowa § 509.17 Guidelines for rates

Iowa Statutes

§ 509.17 — Guidelines for rates

Iowa § 509.17

Title XIIICOMMERCE

Ch. 509GROUP INSURANCE

This text of Iowa § 509.17 (Guidelines for rates) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 509.17 (2026).

Text

Rates shall be made in accordance with the following provisions:

1.Rates shall not be excessive, inadequate or unfairly discriminatory.

2.Due consideration shall be given to past and prospective loss experience within and outside this state, to a reasonable margin for underwriting profit and contingencies, to past and prospective expenses both countrywide and those especially applicable to this state, and to all other relevant factors within and outside this state.

3.The commissioner shall, after a public hearing, approve a reasonable charge or premium for credit accident and health insurance and for credit life insurance as the commissioner deems appropriate and necessary for the implementation of this section.

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Rates shall be made in accordance with the following provisions:
1. Rates shall not be excessive, inadequate or unfairly discriminatory.
2. Due consideration shall be given to past and prospective loss experience within and
outside this state, to a reasonable margin for underwriting profit and contingencies, to past
and prospective expenses both countrywide and those especially applicable to this state, and
to all other relevant factors within and outside this state.
3. The commissioner shall, after a public hearing, approve a reasonable charge or

premium for credit accident and health insurance and for credit life insurance as the
commissioner deems appropriate and necessary for the implementation of this section.