Iowa Statutes

§ 518.17 — Reinsurance

Iowa § 518.17
JurisdictionIowa
Title XIIICOMMERCE
Ch. 518COUNTY MUTUAL INSURANCE ASSOCIATIONS

This text of Iowa § 518.17 (Reinsurance) 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 § 518.17 (2026).

Text

1.Acountymutualinsuranceassociationmayreinsureapartorallofitscoverageswritten pursuant to this chapter with an association operating under this chapter, or with any other association or company that is in compliance with chapter 521B and authorized to write the kinds of insurance enumerated in section 518.11.
2.Reinsurance sufficient to protect the financial stability of the county mutual insurance association is also required. In general, reinsurance coverage obtained by a county mutual insurance association shall not expose the association to losses from coverages written pursuant to this chapter of more than fifteen percent from surplus in any calendar year. The commissioner of insurance may require additional reinsurance if necessary to protect the policyholders of the association.

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Legislative History

[C66, 71, 73, 75, 77, 79, 81, §518.17]

Nearby Sections

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Bluebook (online)
Iowa § 518.17, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/518.17.