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90th General Assembly · Funnel one-pager · Monday, November 9, 2026

SF 2293: Relating to reinsurance requirements for county and state mutual insurance associations

Died when the session ended · The General Assembly adjourned on April 19, 2024. Bills that didn’t pass both chambers died.

What it does

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.

Sponsors

Commerce (companion To Hf 2100 By Committee on Commerce) committee

Cost

No fiscal note

Lobbying · 5 for, 0 against

For: Independent Insurance Agents of Iowa; Iowa Insurance Associates; Iowa Insurance Division; Mutual Insurance Association of Iowa; National Association of Mutual Insurance Companies (NAMIC)

In plain words

  1. February 8, 2024Filed in the Senate
  2. February 8, 2024Approved by the Senate committee
  3. March 18, 2024Withdrawn

From public records at legis.iowa.gov, compiled by Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Monday, November 9, 2026. https://iowafunnel.com/bills/90/SF2293