Iowa Insurance Commissioner Bulletin: May 9, 2012

(2012) Iowa Insurance Commissioner Bulletin: May 9, 2012. Insurance Division (Commerce)

Vehicle Repairs under Iowa Administrative Code 191 43(5).pdf

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In 2011 the Iowa Insurance Division (the Division) was asked to review the vehicle repair practices of Iowa’s auto insurers. The Division was provided with information from various sources including the top auto insurers in Iowa’s market and Iowa’s Collision Repair Association. The Division also reviewed Iowa Administrative Code section 191-15.43(5). IAC 191-15.43(5) provides that repair estimates prepared for or by an insurer must be “reasonable”. Upon review of all information, the Division has found that additional guidance to insurers in the area of reasonable repair estimates would be beneficial. The purpose of this bulletin is to provide that guidance regarding reasonable repair estimates.

Item Type: Departmental Report
Keywords: Insurance
Subjects: Business and industry > Insurance
Business and industry > Insurance > Health insurance and health care coverage > Workers compensation
ID Code: 23521
Deposited By: Margaret Barr
Deposited On: 23 Feb 2017 14:31
Last Modified: 23 Feb 2017 14:31