Iowa Administrative Code

55.10(1) Prior to the issuance of a license as an adjuster and for the duration of the license, an applicant shall secure evidence of financial responsibility in a format prescribed by the commissioner. Evidence of financial responsibility must provide coverage for damages result…

55.11(1) An individual who holds a public adjuster license shall satisfactorily complete a minimum of 24 credits of continuing education, including 2 credits of ethics, reported on a biennial basis in conjunction with the license renewal cycle. “Credit” means 50 minutes of instru…

55.12(1) The commissioner may place on probation, suspend, revoke or refuse to issue or renew a public adjuster’s license; may levy a civil penalty in accordance with Iowa Code section 505.7A; or may take corrective action pursuant to Iowa Code section 505.8, or any combination o…

in connection with disciplinary matters; and forfeiture in lieu of compliance. 55.13(1) Definitions and scope. a. The term “reinstatement” as used in this rule means the reinstatement of a suspended license. b. The term “reissuance” as used in this rule means the issuance of a ne…

55.14(1) Public adjusters shall ensure that all contracts for their services are in writing and contain the following terms: a. Name and address of the public adjuster negotiating the contract and, if applicable, the name, address, and license number of the business entity with w…

insured, any funds toward the settlement of a claim for loss or damage shall deposit the funds in a non-interest-bearing escrow or trust account in a financial institution that is insured by an agency of the federal government in the public adjuster’s home state or where the loss…

55.16(1) A public adjuster shall maintain a complete record of each transaction as a public adjuster. The records required by this rule shall include the following: a. The name of the insured; b. The date, location and amount of the loss; c. A copy of the contract between the pub…

55.17(1) A public adjuster shall serve with objectivity and complete loyalty the interest of the insured and shall render to the insured in good faith such information, counsel and service, as within the knowledge, understanding and opinion of the licensed public adjuster, as wil…

55.18(1) A public adjuster may charge the insured a reasonable fee for public adjuster services. 55.18(2) A person shall not accept a commission, service fee or other valuable consideration for investigating or settling claims in this state if that person is required to be licens…

subject a person to penalties set forth in Iowa Code section 522C.6. [ARC 5250C, IAB 11/4/20, effective 12/9/20]

191—1.1(502,505), the following definitions apply, unless the context otherwise requires: “Catastrophic disaster,” according to the Federal Response Plan, means an event that results in large numbers of deaths and injuries; causes extensive damage or destruction of facilities tha…

55.20(1) Fees may be paid by check or credit card. 55.20(2) The fee for a criminal history check as required pursuant to Iowa Code section 522B.5A is $50. 55.20(3) The fee for issuance or renewal of an individual public adjuster license is $50 for two years. 55.20(4) The fee for …

person or circumstances, is held invalid by a court, the remainder of this chapter, or the applicability or its provisions to other persons, shall not be affected. [ARC 5250C, IAB 11/4/20, effective 12/9/20] These rules are intended to implement Iowa Code chapter 522C. [Filed 10/…

55.3(1) A person shall not operate as or represent that the person is a public adjuster in this state unless the person is licensed by the division in accordance with this chapter. 55.3(2) A person licensed as a public adjuster in accordance with this chapter shall assist only in…

55.4(1) A person applying for a public adjuster license shall make application on a uniform individual application or uniform business entity application available through the NIPR Gateway, or as otherwise directed by the division. 55.4(2) Each individual resident applying for a …

55.5(1) License of individual. Before approving an individual’s application, the division shall find that the applicant: a. Either is eligible to designate this state as the individual’s home state, or is a nonresident who is not eligible for a license under rule 191—55.8(522C); …

55.6(1) A resident individual applying for a public adjuster license under this chapter shall pass a written examination, unless exempt pursuant to rule 191—55.7(522C). The examination shall test the knowledge of the individual concerning the duties and responsibilities of a publ…

55.7(1) An individual who applies for a public adjuster license in this state who was previously licensed as a public adjuster in another state based on a public adjuster examination shall not be required to complete an examination in this state. However, an individual who moves …

55.8(1) Unless denied licensure pursuant to rule 191—55.12(522C), an individual or business entity for whom Iowa is not the individual’s or business entity’s home state, but whose home state awards nonresident public adjuster licenses to residents of Iowa on the same basis, must …

chapter 522C, persons who have met the requirements of this chapter and Iowa Code chapter 522C shall be issued a public adjuster license. 55.9(1) Content of license. The license shall contain the public adjuster’s name, city and state of business address, license number, the date…

56.1(1) Associations which are issued a certificate of approval by the commissioner shall not be deemed to be insurance companies and shall not be subject to the provisions of the insurance laws and regulations contained in Title XX of the Iowa Code except as otherwise provided i…

association shall be operated by a board of trustees which shall consist of not less than five persons whom the board of directors of the parent association may appoint or members of an association may elect for stated terms of office. At least two-thirds of the trustees shall be…

56.11(1) An employer joining a workers’ compensation self-insurance association after the association has been issued a certificate of approval shall (1) submit an application for membership to the board of trustees or its administrator and (2) enter into the indemnity agreement …

56.12(1) Each person who performs any sales or promotional function for the association, deals with the rates or claims, or makes representations about the available coverage is a “person” within the meaning of Iowa Code chapter 507B and must be of good character and competence. …

56.13(1) A certificate of relief from insurance is continuously valid, subject to the annual filing requirements of 56.13(2), and the annual processing fee of $100. However, the certificate may be revoked under the provisions of rule 56.19(87,505). 56.13(2) By March 1 of each yea…

omission of a material fact in connection with the solicitation of a member of an association.

of trustees in accordance with Iowa Code section 636.23, subsections 1 to 12.

56.16(1) Any moneys for a fund year in excess of the amount necessary to fund all obligations for that fund year may be declared to be refundable by the board of trustees not less than 11 months after the end of the fund year. 56.16(2) Each member shall be given a written descrip…

56.17(1) Each association shall establish to the satisfaction of the commissioner a premium payment plan which shall include: a. A deposit premium payment by each member of at least 25 percent of that member’s annual premium before the start of the association’s fund year. A cred…

56.18(1) If the assets of an association are at any time insufficient to enable the association to discharge its legal liabilities and other obligations and to maintain the reserves required of it under this Act, it shall forthwith make up the deficiency or levy an assessment upo…

The following constitute grounds for nonrenewal or revocation of a certificate of relief from insurance: 56.19(1) Failure to comply with any provisions of these rules or of Iowa Code chapter 85, 85A, 85B, 86 or 87; 56.19(2) Failure to comply with any lawful order of the commissio…

56.2(1) “Commissioner” shall mean the commissioner of the insurance division of Iowa, appointed by the governor pursuant to Iowa Code section 505.2. 56.2(2) “Division” shall mean the insurance division of Iowa. 56.2(3) “Employer” shall be defined as set forth in Iowa Code section…

issued under this chapter, a certificate holder shall be given a hearing and a right to appeal as provided in rule 3.1(17A,502,505) et seq.

56.21(1) All mutual associations which were given a certificate of relief from insurance or some other approval to group self-insure from the commissioner prior to the effective date of these rules shall bring themselves into full compliance with these rules within 90 days after …

person or circumstance, is subsequently held to be invalid, such invalidity shall not affect other provisions or applications of this chapter. These rules are intended to implement Iowa Code sections 87.4, 87.11, 87.20, 432.1, 505.8 and 509A.14. [Filed 5/18/84, Notice 4/11/84—pub…

56.3(1) A proposed workers’ compensation self-insurance association shall file with the commissioner its application for a certificate of approval accompanied by a nonrefundable filing fee in the amount of $100. The application shall include the association’s name, location of it…

insurance shall be recognized in considering the ability of an applicant to fulfill its financial obligations under the workers’ compensation Act, unless such contract or policy complies with the following: 56.5(1) Is issued by a company: a. Licensed to transact casualty insuranc…

56.6(1) Every workers’ compensation self-insurance association shall adhere to the uniform classification system, uniform experience rating plan, and manual rules filed with the commissioner by an advisory organization designated by the commissioner. 56.6(2) Premium contributions…

56.7(1) If the association fails to pay workers’ compensation benefits when due, the commissioner may appoint a party to receive funds from excess insurance or the surety bond, or both, to be disbursed to individual claimants. 56.7(2) The association shall notify the industrial c…

56.8(1) The certificate of approval issued by the commissioner to a workers’ compensation self- insurance association authorizes the association to provide workers’ compensation benefits. The certificate of approval remains in effect until terminated at the request of the associa…

records and assets of each association as often as the commissioner deems advisable. The expense of such examinations shall be assessed against the association in the same manner that insurers are assessed for examinations.

57.1(1) The purpose of this chapter is to provide general guidelines for the approval of self-insurance for workers’ compensation liability for individual employers. 57.1(2) The authority to promulgate these rules is found in Iowa Code section 505.8. 57.1(3) Certificates of relie…

as often as it deems necessary. Cost of the examination is to be paid by the employer. Examination shall include but not be limited to adequacy of loss reserves and claims handling practices.

The following constitute grounds for nonrenewal or revocation of a certificate of relief from insurance: 57.11(1) Failure to comply with any provisions of these rules or of Iowa Code chapter 85, 85A, 85B, 86 or 87; 57.11(2) Failure to comply with any lawful order of the commissio…

issued under this chapter, a certificate holder shall be given a hearing and a right to appeal as provided in rule 191—3.1(17A,502,505) et seq.

57.13(1) All individual employers which were given a certificate of relief from insurance or some other approval to self-insure from the division prior to the effective date of these rules shall bring themselves into full compliance with these rules within 90 days after their eff…

person or circumstance, is subsequently held to be invalid, such invalidity shall not affect other provisions or applications of this chapter. These rules are intended to implement Iowa Code sections 87.11 and 87.20. [Filed 6/1/84, Notice 4/11/84—published 6/20/84, effective 8/1/…

57.2(1) “Commissioner” shall mean the commissioner of the insurance division of Iowa, appointed by the governor pursuant to Iowa Code section 505.2. 57.2(2) “Division” shall mean the insurance division of Iowa. 57.2(3) “Employer” shall be defined as set forth in Iowa Code section…

insurance, an employer must satisfy the following requirements: 57.3(1) File with the division an annual surety bond issued by an insurance company licensed to do business in the state of Iowa in an amount determined by applying the formula below, but in no case shall the bond be…