Title XIII, COMMERCE (Ch. 505 - 554I)

1. An umpire shall act with due diligence, including but not limited to demonstrating accuracy, fairness, and timeliness throughout an appraisal process. 2. a. (1) No later than three business days after being hired by the parties to an appraisal and before beginning work as an u…

1. This section provides for the appraisal process if all of the following apply: a. The claimant’s insurance policy is delivered, issued for delivery, or renewed in this state. b. The property that is the subject of the claimant’s claim is located in this state, or the dispute i…

All property insurance policies delivered, issued for delivery, continued, or renewed in this state on or after January 1, 2026, shall contain an appraisal clause that complies with this chapter . 2025 Acts, ch 28, §70 NEW section

1. An appraiser and umpire shall act with due diligence in achieving an appraisal award. 2. An insurer’s payment of an appraisal award to an insured shall be subject to the limits of coverage, and other terms and conditions of the insured’s policy, including reductions for deduct…

1. An appraiser or umpire shall report to the commissioner any administrative action taken against the appraiser or umpire in another jurisdiction or by another administrative agency in this state within thirty calendar days of the final disposition of the matter. This report sha…

1. An appraiser or umpire shall have a continuing duty and obligation to keep, at the appraiser’s or umpire’s place of business, usual and customary records pertaining to appraisals undertaken by the appraiser or umpire. All such records shall be kept available for inspection by …

1. Whenever the commissioner believes that a person has been engaged, or is engaging, in a violation of this chapter or a rule adopted or an order issued under this chapter , and that a proceeding by the commissioner would be in the public interest, the commissioner shall issue a…

The commissioner may adopt rules pursuant to chapter 17A to administer this chapter . 2025 Acts, ch 28, §57 NEW section

1. The division may place on probation, suspend, revoke, or refuse to issue or renew an appraiser’s license or an umpire’s license, and may levy a civil penalty against an appraiser or umpire as provided in section 522F.21 , for one or more of the following causes: a. The apprais…

1. a. Upon a determination by the commissioner, after a hearing conducted pursuant to chapter 17A , that a person violated this chapter , the commissioner shall reduce the findings of the hearing to writing and deliver a copy of the findings to the person. b. Upon a determination…

1. a. A person licensed under this chapter as an appraiser or umpire whose license has been revoked or suspended by order, or who forfeited a license in connection with a disciplinary matter, may apply to the commissioner for reinstatement or reissuance in accordance with the ter…

1. The commissioner shall deny an appraiser’s or umpire’s application for license issuance, renewal, reinstatement, or reissuance; suspend a current license; or revoke a currently suspended license upon receipt of a certificate of noncompliance from the child support recovery uni…

If any provision of this chapter or the application thereof to any person or circumstance is held invalid, the invalidity does not affect other provisions or applications of this chapter which can be given effect without the invalid provision or application, and to this end the p…

1. A person shall not act as, or represent that the person is, an appraiser in this state unless the person is licensed under this chapter . A person that acts as an appraiser in this state solely for a crop hail or multiperil crop insurance claim shall not be subject to this cha…

1. A person who meets the requirements under section 522F.3 , unless otherwise denied licensure pursuant to section 522F.20 , shall be issued an appraiser license that is valid for two years from the date of issue. 2. The fee for a criminal history check shall be the same as any …

1. An appraiser may apply for reinstatement of an expired license up to one year after the license expiration date by submitting a request through the NIPR gateway, paying a reinstatement fee and a license renewal fee, and submitting evidence to the division that the appraiser me…

1. Each party to an appraisal shall be responsible for the following: a. The party’s own appraiser’s fees and expenses. b. An equal share of all reasonable and necessary fees and expenses incurred by an umpire, if necessary. c. An equal share of all reasonable and necessary costs…

1. An appraiser shall act with due diligence, including but not limited to demonstrating accuracy, fairness, and timeliness throughout an appraisal process. 2. a. (1) No later than five business days after being hired by a party to an appraisal and before beginning work as an app…

1. An individual shall not act as, or represent that the individual is, an umpire in this state unless the individual is licensed under this chapter . An individual that acts as an umpire in this state solely for a crop hail or multiperil crop insurance claim shall not be subject…

1. An individual who meets the requirements of section 522F.8 , unless otherwise denied licensure pursuant to section 522F.20 , shall be issued an umpire license that is valid for two years from the date of issue. 2. The fee for a criminal history check shall be the same as any a…