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515B.1 Scope.

This chapter shall apply to all kinds of direct insurance authorized to be written by an insurer licensed to operate in this state under chapter 515 or chapter 520, except life, title, surety, fidelity, disability including accident and health, credit, mortgage guaranty, ocean marine insurance, financial guaranty or other forms of insurance offering protection against investment risk, automobile warranty coverage, or insurance written pursuant to 15 U.S.C. § 3901 et seq., or any transaction which, although denominated as insurance, does not result in the transfer of an insurance risk.

Section History: Early form

[C71, 73, 75, 77, 79, 81, § 515B.1]

Section History: Recent form

86 Acts, ch 1184, § 2; 88 Acts, ch 1112, § 504


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