Iowa Code Title XIII. Commerce [Chs. 505-554D] § 521J.26. Risk management of controlled unaffiliated business--standards

The commissioner may adopt rules establishing standards to ensure that a parent or affiliated company is able to exercise control of the risk management function of any controlled unaffiliated business to be insured by a captive company. If rules are not adopted to establish standards pursuant to this section, the commissioner may approve the coverage of such risks on a case-by-case basis.