515F.7 Information to be furnished insureds — hearings and appeals of insureds. An insurer shall, within a reasonable time after receiving written request and upon payment of reasonable charges set by the commissioner, furnish to an insured affected by a rate madeby the insurer, or to the authorized representative of the insured, all pertinent informationas to the rate. An insurer shall provide within this state reasonable means for the insuredaggrieved by the application of its rating system to be heard, in person or by the insured’sauthorized representative, on written request to review the manner in which the rating systemhas been applied in connection with the insurance afforded the insured. If the insurer failsto grant or reject a request for hearing and review within thirty days after it is made, theapplicant may proceed in the same manner as if the application had been rejected. Theinsured affected by the action of the insurer on a request may, within thirty days after writtennotice of the action, appeal to the commissioner, who, after a hearing held upon not less thanten days’ written notice to the appellant and to the insurer, may affirm or reverse the action. er writtennotice of the action, appeal to the commissioner, who, after a hearing held upon not less thanten days’ written notice to the appellant and to the insurer, may affirm or reverse the action. 90 Acts, ch 1234, §51Referred to in §515F.23 Sat Dec 23 00:48:50 2023 Iowa Code 2024, Section 515F.7 (17, 0)
Iowa Legal Code