House File 2490 S-5140 Amend House File 2490, as passed by the House, as follows: 1 1. Page 1, before line 1 by inserting: 2 < Section 1. Section 515D.7, subsection 1, Code 2024, is 3 amended to read as follows: 4 1. Notwithstanding the provisions of sections 515.125 , and 5 515.128 , 515.129B , and 515.129C , an insurer shall not fail to 6 renew a policy except by notice to the insured as provided 7 in this chapter . A notice of intention not to renew shall 8 not be effective unless mailed or delivered by the insurer 9 to the named insured at least thirty calendar days prior to 10 the expiration date of the policy. A post office department 11 certificate of mailing to the named insured at the address 12 shown in the policy shall be proof of receipt of such mailing. 13 Unless the reason accompanies the notice of intent not to 14 renew, the notice shall state that, upon written request of 15 the named insured, mailed or delivered to the insurer not less 16 than thirty calendar days prior to the expiration date of the 17 policy, the insurer will state the reason for nonrenewal. 18 Sec. ___. Section 515D.7, Code 2024, is amended by adding 19 the following new subsection: 20 NEW SUBSECTION . 1A. Notwithstanding the provisions of 21 sections 515.129B and 515.129C, an insurer shall not fail to 22 renew a policy except by notice to the insured as provided 23 in this chapter. A notice of intention not to renew shall 24 not be effective unless mailed or delivered by the insurer 25 to the named insured at least sixty calendar days prior to 26 the expiration date of the policy. A post office department 27 certificate of mailing to the named insured at the address 28 shown in the policy shall be proof of receipt of such mailing. 29 Unless the reason accompanies the notice of intent not to 30 renew, the notice shall state that, upon written request of the 31 named insured, mailed or delivered to the insurer not less than 32 sixty calendar days prior to the expiration date of the policy, 33 the insurer will state the reason for nonrenewal. > 34 2. Page 1, after line 5 by inserting: 35 -1- HF 2490.4151 (2) 90 nls/ko 1/ 2 #1. #2.

< Sec. ___. Section 518.23, subsection 3, Code 2024, is 1 amended to read as follows: 2 3. Nonrenewal by association. A notice of intention not 3 to renew is not effective unless mailed or delivered by the 4 insurer to the named insured at least thirty sixty days prior 5 to the expiration date of the policy. If the reason does not 6 accompany the notice of nonrenewal, the association, upon 7 receipt of a timely request by the named insured, shall provide 8 the reason for the nonrenewal in writing. 9 Sec. ___. Section 518A.29, subsection 3, Code 2024, is 10 amended to read as follows: 11 3. Nonrenewal by association. A notice of intention not 12 to renew is not effective unless mailed or delivered by the 13 insurer to the named insured at least thirty sixty days prior 14 to the expiration date of the policy. If the reason does not 15 accompany the notice of nonrenewal, the association, upon 16 receipt of a timely request by the named insured, shall provide 17 in writing the reason for the nonrenewal. > 18 3. Page 1, after line 29 by inserting: 19 < Sec. ___. EFFECTIVE DATE. The following take effect 20 January 1, 2025: 21 1. The sections of this Act amending section 515D.7. 22 2. The section of this Act amending section 518.23. 23 3. The section of this Act amending section 518A.29. > 24 4. Title page, line 2, by striking < associations > and 25 inserting < associations, nonrenewal notices for automobile 26 insurance, and nonrenewal notices by county and state 27 mutual insurance associations, and including effective date 28 provisions > 29 5. By renumbering as necessary. 30 ______________________________ DAVID D. ROWLEY -2- HF 2490.4151 (2) 90 nls/ko 2/ 2 #3. #4. #5.