§ 515F.7 — Information to be furnished insureds — hearings and appeals of insureds

Iowa § 515F.7

• Jurisdiction: Iowa
• Title XIII: COMMERCE
• Ch. 515F: CASUALTY INSURANCE

Text

Aninsurershall,withinareasonabletimeafterreceivingwrittenrequestanduponpayment
of reasonable charges set by the commissioner, furnish to an insured affected by a rate made
by the insurer, or to the authorized representative of the insured, all pertinent information
as to the rate. An insurer shall provide within this state reasonable means for the insured
aggrieved by the application of its rating system to be heard, in person or by the insured’s
authorizedrepresentative,onwrittenrequesttoreviewthemannerinwhichtheratingsystem
has been applied in connection with the insurance afforded the insured. If the insurer fails
to grant or reject a request for hearing and review within thirty days after it is made, the
applicant may proceed in the same manner as if the application had been rejected. The
insured affected by the action of the insurer on a request may, within thirty days after written
§515F.7, CASUALTY INSURANCE 6
notice of the action, appeal to the commissioner, who, after a hearing held upon not less than
ten days’ written notice to the appellant and to the insurer, may affirm or reverse the action.