Iowa Code 507.5 – Chief examiner
Current as of: 2023 | Check for updates
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Terms Used In Iowa Code 507.5
- Commissioner: means the commissioner of insurance of this state. See Iowa Code 507.1
- Company: means any person engaging in or proposing or attempting to engage in any transaction or kind of insurance or surety business and any person or group of persons who may otherwise be subject to the administrative, regulatory, or taxing authority of the commissioner. See Iowa Code 507.1
- Examiner: means any individual or firm authorized by the commissioner to conduct an examination pursuant to this chapter. See Iowa Code 507.1
The commissioner may appoint a chief examiner who shall supervise insurance company examinations and perform such other duties as may be assigned by the commissioner. The chief examiner shall receive a salary to be fixed by the commissioner. The chief examiner shall be exempt from the merit system provisions of chapter 8A, subchapter IV, under section 8A.412, subsection 17.