§ 515A.2 — Definitions — scope of chapter

Iowa § 515A.2

• Jurisdiction: Iowa
• Title XIII: COMMERCE
• Ch. 515A: WORKERS’ COMPENSATION LIABILITY INSURANCE RATES

Text

1. As used in this chapter:
a. “Commissioner” means the commissioner of insurance.
b. “Insurance” means workers’ compensation liability insurance.
c. “Insurer” means an insurer which issues a policy of workers’ compensation liability
insurance.
d. “Policy” means a policy of workers’ compensation liability insurance.
e. “Rate” means a rate for workers’ compensation liability insurance.
f. “Rate filing” means a rate filing by a rating organization or an insurer.
g. “Rating organization” means a workers’ compensation rating organization licensed
pursuant to this chapter.
h. “Schedule rating plan” means a rating plan by which an insurer increases or decreases
workers’ compensation rates to reflect the individual risk characteristics of the subject of the
insurance.
2. This chapter applies only to workers’ compensation liability insurance.

Legislative History

[C50, 54, 58, 62, §515A.2, 515B.2; C66, 71, 73, 75, 77, 79, 81, §515A.2]