Relating to reinsurance requirements for county and state mutual insurance associations

Where it is now

1. ✓
   Done: IntroducedJanuary 22, 2024
2. –
   Skipped: SubcommitteeSkipped
3. ✓
   Done: Senate committeeFebruary 8, 2024
4. ✓
   Done: Passes the SenateMarch 18, 202450–0
5. –
   Skipped: House committeeSkipped
6. ✓
   Done: Passes the HouseFebruary 19, 202491–0
7. ✓
   Done: To the GovernorApril 10, 2024
8. ✓
   Done: Signed into lawApril 10, 2024

HF 2100 became law → The same legislation passed as HF 2100, so this version was set aside. Go to HF 2100 What’s a funnel?

What’s in it

This bill relates to reinsurance requirements for county and state mutual insurers. Under current law, a county mutual insurance association (county association) may reinsure its coverages written under Code chapter 518 with any association or company (company) licensed in the state and authorized to write insurance enumerated in Code section 518.11. A state mutual insurance association (state association) may insure its coverages written under Code chapter 518A with any company licensed in the state and authorized to write insurance enumerated in Code section 518A.1. Under the bill, a county association and a state association may reinsure coverages with a company that is in compliance with Code chapter 521B, rather than one licensed in the state.

From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text · What changed before it passed

Iowa Code it changes

Amends§518.17§518A.44

Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works

Family tree

Where this legislation came from and where it went: earlier tries, the versions it moved through this Assembly, and later bills built on it.

Earlier and later bills are matched by wording or an identical title; check the text to be sure it’s the same idea.