Iowa Code § 510.19
Current through March 29, 2024
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