668.9 - INSURANCE PRACTICE. - Iowa Statutes

668.9 INSURANCE PRACTICE. It shall be an unfair trade practice, as defined in chapter 507B, if an insurer assigns a percentage of fault to a claimant, for the purpose of reducing a settlement, when there exists no reasonable evidence upon which the assigned percentage of fault could be based. The prohibitions and sanctions of chapter 507B shall apply to violations of this section.          Section History: Recent Form 84 Acts, ch 1293, § 9