514A.14 Disapproval of filing. 1. The commissioner shall notify an insurer which has filed a policy form pursuant to section 514A.13 that does not comply with this chapter or chapter 514D, or rules adoptedpursuant to those chapters. The notice shall inform the insurer that it is unlawful for theinsurer to issue the form or use it in connection with any policy, if the commissioner findsupon review of the form, either of the following: a. The benefits provided are unreasonable in relation to the premium charged.b. The form contains a provision which is unjust, unfair, inequitable, misleading, deceptive, or which encourages misrepresentation of the policy. 2. In a notice provided under subsection 1, the commissioner shall specify the reasons for disapproval and state that a hearing will be granted within twenty days after request inwriting by the insurer. 91 Acts, ch 213, §18Referred to in §514A.15 Sat Dec 23 00:44:33 2023 Iowa Code 2024, Section 514A.14 (15, 0)
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