Iowa Code § 510.19

Current through bills signed by governor as of 5/17/2024
Section 510.19 - Claim adjustment and settlement

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.

Iowa Code § 510.19

89 Acts, ch 227, §12; 2006 Acts, ch 1117, §45