Iowa Code (Last Updated: December 05, 2016) |
Title XIII. COMMERCE |
Chapter 522C. LICENSING OF PUBLIC ADJUSTERS |
Section 522C.3. Authority of the commissioner.
-
1. The commissioner shall adopt rules pursuant to chapter 17A as necessary to administer and enforce this chapter.
2. The commissioner shall adopt rules including but not limited to all of the following:
a. Advertising standards.
b. Continuing education requirements for licensees.
c. Contracts between public adjusters and insureds.
d. Required disclosures by licensees.
e. Examinations for licensure.
f. Exemptions.
g. License bonds and errors and omissions insurance requirements.
h. License requirements and exclusions.
i. Prohibited practices.
j. Record retention requirements.
k. Reporting requirements.
l. Requirements and limitations on fees charged by public adjusters.
m. Standards for reasonableness of payment.
n. Standards of conduct.
o. Penalties.