Iowa Code § 510.19: Claim adjustment and settlement.
Where this section sits in the code
- Title XIII - COMMERCE (Ch. 505 - 554I)
- Chapter 510 - MANAGING GENERAL AGENTS AND THIRD-PARTY ADMINISTRATORS
The compensation paid to a third-party administrator shall not be contingent on claim experience on policies for which the third-party administrator adjusts or settles claims. This section does not prevent the compensation of a third-party administrator from being based on premiums or charges collected or number of claims paid or processed.
Collected 2026-09-14T19:40:13Z. Source file · JSON