Iowa § 510A.5 Disclosure

Iowa Statutes

§ 510A.5 — Disclosure

Iowa § 510A.5

Title XIIICOMMERCE

Ch. 510ABUSINESS PRODUCER CONTROLLED PROPERTY AND CASUALTY INSURERS

This text of Iowa § 510A.5 (Disclosure) 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 § 510A.5 (2026).

Text

The insurance producer, prior to the effective date of the policy, shall deliver written notice
to the prospective insured disclosing the relationship between the insurance producer and
the controlled insurer; except that, if the business is placed through a subproducer who is
not a controlling producer, the controlling producer shall retain in the producer’s records a
signed commitment from the subproducer that the subproducer is aware of the relationship
between the insurer and the insurance producer and that the subproducer has notified or will
notify the insured.

Free access — add to your briefcase to read the full text and ask questions with AI

The insurance producer, prior to the effective date of the policy, shall deliver written notice
to the prospective insured disclosing the relationship between the insurance producer and
the controlled insurer; except that, if the business is placed through a subproducer who is
not a controlling producer, the controlling producer shall retain in the producer’s records a
signed commitment from the subproducer that the subproducer is aware of the relationship
between the insurer and the insurance producer and that the subproducer has notified or will
notify the insured.