515B.13 - RECOGNITION OF ASSESSMENTS IN RATES. - Iowa Statutes

515B.13 RECOGNITION OF ASSESSMENTS IN RATES. The rates and premiums charged for insurance policies to which this chapter applies shall include amounts sufficient to recoup a sum equal to the amounts paid to the association by the member insurer less any amounts returned to the member insurer by the association, and such rates shall not be deemed excessive as a result of containing such recoupment allowances.          Section History: Early Form [C71, 73, 75, 77, 79, 81, § 515B.13]