Iowa Code § 510.19
Claim adjustment and settlement
Redline — January 1, 2012 → current.View current text →
Current — January 1, 2013
As of January 1, 2012
The compensation paid to a third-party administrator shall not be contingent on claim experience on policies for which the third-party administrator adjusts or settles claims. This section does not prevent the compensation of a third-party administrator from being based on premiums or charges collected or number of claims paid or processed.
The compensation paid to a third-party administrator shall not be contingent on claim experience on policies for which the third-party administrator adjusts or settles claims. This section does not prevent the compensation of a third-party administrator from being based on premiums or charges collected or number of claims paid or processed.
89 Acts, ch 227, §12; 2006 Acts, ch 1117, §45
89 Acts, ch 227, §12; 2006 Acts, ch 1117, §45
Referred to in
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.