Iowa Code 505.1 – Insurance division created
Current as of: 2023 | Check for updates
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Terms Used In Iowa Code 505.1
- Commissioner: means the commissioner of insurance. See Iowa Code 510.1B
- division: means the insurance division. See Iowa Code 505.1
- state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
An insurance division is created within the department of commerce to regulate and supervise the conducting of the business of insurance in the state. The commissioner of insurance is the chief executive officer of the division. As used in this subtitle and chapter 502, “division” means the insurance division.