Definitions — scope of chapter
[C50, 54, 58, 62, §515A.2, 515B.2; C66, 71, 73, 75, 77, 79, 81, §515A.2] 90 Acts, ch 1234, §43; 2008 Acts, ch 1123, §29; 2021 Acts, ch 181, §15
1. As used in this chapter:
- a. “Commissioner” means the commissioner of insurance.
- b. “Insurance” means workers’ compensation liability insurance.
- c. “Insurer” means an insurer which issues a policy of workers’ compensation liability insurance.
- d. “Policy” means a policy of workers’ compensation liability insurance.
- e. “Rate” means a rate for workers’ compensation liability insurance.
- f. “Rate filing” means a rate filing by a rating organization or an insurer.
- g. “Rating organization” means a workers’ compensation rating organization licensed pursuant to this chapter.
- h. “Schedule rating plan” means a rating plan by which an insurer increases or decreases workers’ compensation rates to reflect the individual risk characteristics of the subject of the insurance.
- 2. This chapter applies only to workers’ compensation liability insurance.
[C50, 54, 58, 62, §515A.2, 515B.2; C66, 71, 73, 75, 77, 79, 81, §515A.2] 90 Acts, ch 1234, §43; 2008 Acts, ch 1123, §29; 2021 Acts, ch 181, §15
Referred to in §515A.15