™Your Policy Risk Impact Agent
164 chapters · 3,415 sections in this title.
Iowa Code § 522.1 Purpose and scope — legislative intent.
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1. The purpose of this chapter is to require insurers to maintain a risk management framework and complete an own risk and solvency assessment and to provide guidance and instructions for the filing of own risk and solvency assessment reports with the commissioner. 2. The general…
Iowa Code § 522.10 Severability.
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If any provision of this chapter , or the application of this chapter to any person or circumstance, is held invalid, such holding shall not affect the provisions or applications of this chapter which can be given effect without the invalid provision or application, and to that e…
Iowa Code § 522.2 Definitions.
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1. “Affiliate” , or a person affiliated with a specific person, means the same as defined in section 521A.1 . 2. “Commissioner” means the Iowa commissioner of insurance. 3. “Insurance group” means the insurers and affiliates included within an insurance holding company system as …
Iowa Code § 522.3 Risk management framework.
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An insurer shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing, and reporting on the insurer’s material and relevant risks. This requirement is satisfied if the insurance group of which the insurer is a member maintai…