Iowa Code (Last Updated: December 05, 2016)

Section 432A.2. Profit within this state.

Latest version.

The underwriting profit on such insurance written within this state shall be that proportion of the total underwriting profit of such insurer from such insurance written within the United States which the amount of net premiums of such insurer from such insurance written within this state bears to the total amount of net premiums of such insurer from such insurance written within the United States.
[C75, 77, 79, 81, §432A.2]

                    
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