Iowa Code r. 193E-19.5 - Commission responsibilities
The commission provides the insurance carrier or program manager an electronic schedule of all active licensees approximately three months in advance of inception (or renewal), or as otherwise agreed upon, which the insurance carrier or program manager may use to issue billing notices.
(1) The insurance carrier or
program manager provides the commission with a schedule of insured licensees.
The commission will be responsible for comparing this schedule against its own
records to determine which licensees elected not to participate in the state
program and those that have failed to furnish the commission with acceptable
proof of insurance necessary for continued licensure.
(2) It is the responsibility of the
commission to review proof of other insurance received from licensees not
participating in the state program and to confirm that the other insurance
meets the minimum criteria of these rules.
(3) The commission may mandate that an
approved standard form be used to submit proof of other insurance coverage for
review.
Notes
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