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

1. A person applying for a resident insurance producer license shall make application to the commissioner on the uniform application, meet all requirements pursuant to section 522B.5A , and declare under penalty of refusal, suspension, or revocation of the license that all statem…

1. In determining eligibility for licensure, the commissioner is authorized to require an applicant pursuant to subsection 2 to provide to the commissioner the applicant’s fingerprints and reasonable fees required to perform a state criminal history check through the department o…

1. A person who meets the requirements of sections 522B.4 and 522B.5 , unless otherwise denied licensure pursuant to section 522B.11 , shall be issued an insurance producer license. An insurance producer license is valid for three years. 2. An insurance producer may qualify for a…

1. Unless denied licensure pursuant to section 522B.11 , a nonresident person shall receive a nonresident insurance producer license if all of the following apply: a. The person is currently licensed as an insurance producer and is in good standing in the person’s home state. b. …

1. An individual who applies for an insurance producer license in this state who was previously licensed for the same lines of authority in another state shall not be required to complete an examination. This exemption is only available if the person is currently licensed in that…

An insurance producer doing business under any name other than the insurance producer’s legal name is required to notify the commissioner prior to using the assumed name. 2001 Acts, ch 16, §23, 37

The purpose of this chapter is to govern the qualifications and procedures for licensing adjusters in this state, and to specify the duties of and restrictions on public adjusters, including limitation of such licensure to assisting insureds only with first-party claims. 2007 Act…

1. a. A public adjuster shall not provide services to an insured until a written contract with the insured has been executed on a form filed with and approved by the commissioner pursuant to section 522C.5A, subsection 9 , section 522C.5B, subsection 8 , section 522C.5C, subsecti…

1. A public adjuster shall serve with objectivity and complete loyalty to the interest of the insured. A public adjuster shall render to the insured in good faith information, counsel, and service, that in the opinion of the public adjuster will best serve the insured’s insurance…

1. An adjuster shall have a continuing duty to keep, at the adjuster’s place of business, usual and customary records pertaining to transactions undertaken by the adjuster. All such records shall be kept available and open for inspection by the division at any time during regular…

1. The division may place on probation, suspend, revoke, or refuse to issue or renew an adjuster’s license, and may levy a civil penalty as provided in section 522C.14 , for one or more of the following causes: a. The adjuster provided incorrect, misleading, incomplete, or materi…

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

1. a. A person licensed as an adjuster under this chapter 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 terms of the o…

1. The commissioner shall deny an adjuster’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 unit pursuant t…

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…

As used in this chapter , unless the context otherwise requires: 1. “Adjuster” means a public adjuster, an independent adjuster, or a licensed staff adjuster. A person that acts as an adjuster solely for a crop hail insurance or a multiperil crop insurance claim shall not be subj…

The commissioner may adopt rules pursuant to chapter 17A as necessary to administer and enforce this chapter , which may include but are not limited to all of the following: 1. Advertising standards. 2. Continuing education requirements for licensees. 3. Contracts between public …

1. A person shall not act as, or represent that the person is, a public adjuster or an independent adjuster in this state unless the person is licensed under this chapter . 2. A license as an adjuster shall not be required of any of the following: a. A staff adjuster; however, st…

1. A person applying for an adjuster license shall complete a uniform individual application or a uniform business entity application through the NIPR gateway or as otherwise prescribed by the commissioner. 2. To determine an applicant’s eligibility for licensure, the commissione…

Prior to approving an individual’s application for a resident adjuster license, the commissioner shall find that the applicant meets all of the following requirements: 1. This state is the applicant’s home state. 2. The applicant has not committed any act that is a ground for den…

Before approving a nonresident applicant’s application for a nonresident adjuster license, the commissioner shall find that the nonresident applicant meets all of the following requirements: 1. The nonresident applicant has not committed any act that is a ground for denial, suspe…

Prior to approving a business entity’s application for a license for a resident public adjuster or resident independent adjuster, the commissioner shall find that the business entity meets all of the following requirements: 1. The business entity has designated an individual adju…

Before approving a nonresident business entity’s application for a nonresident public adjuster license or a nonresident independent adjuster license, the commissioner shall find that the nonresident business entity meets all of the following requirements: 1. The nonresident busin…

Fees for a license as an adjuster shall be as follows: 1. Any applicable fee for a criminal history check pursuant to section 522B.5A . 2. The fee for issuance or renewal of an adjuster license is fifty dollars for a consecutive twenty-four-month period. 3. The fee for reinstatem…

1. Prior to issuance of a license under section 522C.5A , 522C.5B , 522C.5C , or 522C.5D , an applicant shall secure evidence of financial responsibility through a surety bond as prescribed by the commissioner. The surety bond shall be executed and issued by an insurer authorized…

1. a. An individual applying for a license under this chapter shall pass a written examination, unless exempt pursuant to section 522C.9 . The examination shall test the knowledge of the individual concerning the duties and responsibilities of an adjuster and the insurance laws a…

1. An individual who applies for a nonresident license under this chapter and who was previously a licensed adjuster in another state that required an examination that included Iowa-specific statutes and administrative rules shall not be required to apply for examination under se…

As used in this chapter , unless the context otherwise requires: 1. “Commissioner” means the commissioner of insurance. 2. “ Navigator ” means a public or private entity or an individual that is qualified and licensed, if appropriate, to engage in the activities and meet the stan…

The commissioner may adopt rules pursuant to chapter 17A as are necessary or proper to carry out the purposes of this chapter . 2012 Acts, ch 1138, §130

If any provision of this chapter or its application to any person or circumstance is held invalid by a court of competent jurisdiction or by federal law, the invalidity does not affect other provisions or applications of the chapter that can be given effect without the invalid pr…

If the federal law providing for the sale of qualified health benefit plans of the state is repealed by federal legislation or is ruled invalid by a decision of the United States supreme court, the commissioner shall notify the Iowa Code editor of the effective date of the repeal…

A person shall not act as a navigator in this state unless the person is licensed by the commissioner as required in this chapter . 2012 Acts, ch 1138, §122 Referred to in §522D.9

A navigator shall not perform the functions of a person required to be licensed as an insurance producer under chapter 522B unless the navigator is licensed as a navigator pursuant to this chapter and as an insurance producer pursuant to chapter 522B . 2012 Acts, ch 1138, §123

1. An individual applying for a navigator license shall pass a written examination. The examination shall test the knowledge of the individual concerning the duties and responsibilities of a navigator and the insurance laws and regulations of this state. The commissioner shall ad…

1. A person applying for a navigator license shall make application to the commissioner on an application form approved by the commissioner and declare under penalty of refusal, suspension, or revocation of the license that the statements made on the application are true, correct…

1. A person who meets the requirements of sections 522D.4 and 522D.5 , unless otherwise denied licensure pursuant to section 522D.7 , shall be issued a navigator license. A navigator license is valid for three years. 2. A navigator license remains in effect unless revoked or susp…

1. The commissioner may place on probation, suspend, revoke, or refuse to issue or renew a navigator’s license or may levy a civil penalty as provided in section 522D.8 for any one or more of the following causes: a. Providing incorrect, misleading, incomplete, or materially untr…

1. A navigator who, after hearing, is found to have violated this chapter , may be ordered to cease and desist from engaging in the conduct resulting in the violation and may be assessed a civil penalty pursuant to chapter 507B . 2. If a person does not comply with an order issue…

1. A person may bring an action in district court to enjoin another person from acting as a navigator in violation of section 522D.2 . However, before bringing an action in district court to enjoin a person pursuant to this section , the person shall file a complaint with the ins…

As used in this chapter , unless the context otherwise requires: 1. “Commissioner” means the commissioner of insurance. 2. “Consumer” means a person who purchases portable electronics or portable electronics insurance in a retail transaction. 3. “Delivered by electronic means” or…

1. Charges for portable electronics insurance may be billed and collected by a licensed portable electronics vendor. A licensed vendor shall not be required to maintain those moneys in a segregated account if the insurer represented by the vendor has provided in writing that the …

1. Under the authority of a portable electronics insurance license, a portable electronics vendor shall not do any of the following: a. Offer to sell insurance except in conjunction with, and incidental to, the business of selling portable electronics, their accessories, or relat…

An insurer that provides insurance to be sold by a licensed portable electronics vendor shall file a copy of the policy form issued to a consumer, or of any policy or certificate issued under a group or master policy to an organization through an insurance producer licensed under…

1. An insurer may terminate a portable electronics insurance policy or otherwise change the terms and conditions of a portable electronics insurance policy only upon providing the licensed portable electronics vendor that is the policyholder and enrolled consumers with at least t…

The commissioner may adopt rules pursuant to chapter 17A to implement and administer this chapter . 2015 Acts, ch 87, §14, 16

Nothing in this chapter regulating the sale of portable electronics insurance shall be construed to impair or impede the application of any other law regulating the sale of portable electronics insurance. 2015 Acts, ch 87, §15, 16