Iowa Code (Last Updated: December 05, 2016) |
Title XIII. COMMERCE |
Chapter 515I. SURPLUS LINES INSURANCE |
Section 515I.6. Actions against eligible surplus lines insurers.
Latest version.
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An eligible surplus lines insurer may be sued upon a cause of action arising in this state under a surplus lines insurance policy or contract placed by the insurer or upon evidence of insurance placed by the insurer and issued or delivered in this state by a surplus lines insurance producer. A policy or contract issued by an eligible surplus lines insurer shall contain a provision stating the substance of this section and designating the person upon whom service of process can be made on behalf of the insurer.