Iowa § 515F.22 Competitive market

Iowa Statutes

§ 515F.22 — Competitive market

Iowa § 515F.22

Title XIIICOMMERCE

Ch. 515FCASUALTY INSURANCE

This text of Iowa § 515F.22 (Competitive market) 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 § 515F.22 (2026).

Text

2.“Market” means the interaction between buyers and sellers consisting of a product market component and a geographic market component. A product market component consists of identical or readily substitutable products including, but not limited to, consideration of coverage, policy terms, rate classifications, and underwriting. A geographic component is a geographical area in which buyers have a reasonable degree of access to the insurance product through sales outlets or other marketing mechanisms.

3.“Noncompetitive market” means a market which has not been found to be competitive pursuant to section 515F.22.

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2. “Market” means the interaction between buyers and sellers consisting of a product
market component and a geographic market component. A product market component
consists of identical or readily substitutable products including, but not limited to,
consideration of coverage, policy terms, rate classifications, and underwriting. A geographic
component is a geographical area in which buyers have a reasonable degree of access to the
insurance product through sales outlets or other marketing mechanisms.
3. “Noncompetitive market” means a market which has not been found to be competitive
pursuant to section 515F.22.