Diligent search requirements pursuant to section 515I.3, subsection 1, paragraph “c”, shall not apply to flood coverage under an insurance policy issued by an eligible surplus lines insurer until such time that the commissioner certifies in a commissioner’s bulletin or by order that the admitted private flood insurance market is adequate.
Iowa Code § 515J.10
Surplus lines placements
Known as the Private Primary Residential Flood Insurance Model Act
The act spans §§ 515J.1 to 515J.9 (15 sections).
2021 Acts, ch 73, §10
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.