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

SF 409: Relating to value-added products or services offered by insurers or producers

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 value-added products or services offered by insurers or producers.4, if the product or service that is offered relates to the policy that is offered and is designed primarily to accomplish at least one of the criteria detailed in the bill. The cost to the insurer of offering the product or service to a customer must be reasonable in comparison to the customer’s premiums and insurance coverage for the policy class. “Customer” is defined in the bill as a policyholder, potential policyholder, certificate holder, potential certificate holder, an insured, a potential insured, or an applicant.

Sponsors

Commerce committee

Cost

No fiscal note

Lobbying · 6 for, 0 against

For: American Property Casualty Insurance Association (APCIA); Grinnell Mutual Reinsurance Company; Iowa Insurance Institute; National Association of Mutual Insurance Companies (NAMIC); Nationwide Mutual Ins. Co.; State Farm Insurance

In plain words

  1. February 23, 2023Filed in the Senate
  2. February 23, 2023Approved by the Senate committee
  3. March 22, 2023Withdrawn

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/SF409