Iowa Admin. Code r. 191-5.30

Current through Register Vol. 47, No. 5, August 21, 2024
Rule 191-5.30 - Single maximum risk-fidelity and surety risks

No insurance company is permitted under the limitations of Iowa Code section 51549. to expose itself to any risk on a fidelity or surety bond in excess of 10 percent of its surplus to policyholders, unless such excess shall be reinsured in accordance with the provisions of the statute.

Iowa Admin. Code r. 191-5.30