Notices of Public Hearings

The Insurance Division hereby proposes to amend Chapter 48, “Viatical and Life Settlements,” Iowa Administrative Code.

If requested, a public hearing at which persons may present their views orally or in writing will be held electronically, with no in-person attendance, on September 15, 2021 at 10:00 a.m.  The public hearing will be canceled without further notice if no public hearing is requested by 12 noon on September 14, 2021. 

In the matter of the application for acquisition of control of CENTURION LIFE INSURANCE COMPANY by BESTOW INC., O'BANION CAPITAL LLC, MELBOURNE O'BANION III, ABELMANN LAND & CATTLE LLC, TEMPUS FUGIT LLC, TEMPUS FUGIT TRUST, JONATHAN  WILLIAM ABELMANN , VALAR GLOBAL FUND IV LP, VALAR GLOBAL PRINCIPALS FUND IV LP, VALAR FUND V LP, VALAR PRINCIPALS FUND V LP, VALAR VELOCITY FUND 2 LP, VALAR VENTURES GP IV LLC, VALAR GP V LLC, VALAR VELOCITY GP 2 LLC, JAMES FITZGERALD, and ANDREW MCCORMACK

Public Form A

The Insurance Division hereby proposes to amend Chapter 11, “Continuing Education for Insurance Producers,” and Chapter 20, “Property and Casualty Insurance,” Iowa Administrative Code.

If requested, a public hearing at which persons may present their views orally or in writing will be held electronically, with no in-person attendance, on April 7 at 9:00 a.m.

The public hearing will be canceled without further notice if no public hearing is requested by 12 noon on April 5, 2021. 

Pursuant to Iowa Code chapter 510 and Iowa Administrative Rule 191-5.33(7)"b"(1), this statement
constitutes notice that Athene Life Re Ltd. has filed an Application to obtain status as a Qualified
Jurisdiction Reciprocal Jurisdiction Reinsurer with the Iowa Insurance Commissioner
("Commissioner"). 

Interested and affected parties will have 30 days from the date notice is posted to submit written
comments and responses to Athene Life Re Ltd.'s application to the Commissioner.  The
Commissioner will not take final action on the application until 30 days after notice was posted.

The purpose of the comments and responses is to gather information, and to provide certain
interested and affected parties with an opportunity to present written comments to the Commissioner
concerning Athene Life Re Ltd.’s application. 

All responses regarding the application should be directed to:

Bob Koppin
Company Regulation Counsel
Iowa Insurance Division
1963 Bell Avenue, Suite 100
Des Moines, Iowa 50315
Email:  Robert.Koppin@iid.iowa.gov

Submission of responses via email is preferable.

https://www.legis.iowa.gov/docs/aco/arc/5389C.pdf

The Insurance Division hereby proposes to amend Chapters 2, 5, 40, 41, 44 to 46, 48, 99, and 100 of the Iowa Administrative Code. 
If requested, a public hearing at which persons may present their views orally or in writing will be held electronically, with no in-person attendance, on February 4, 2021, at 9 a.m. 
The public hearing will be canceled without further notice if no public hearing is requested by 12 noon on February 2, 2021. 

Pursuant to Iowa Code chapter 510 and Iowa Administrative Rule 191-5.33(7)"b"(1), this statement constitutes notice that Chubb European Group SE has filed a Certified Reinsurer Passport Application with the Iowa Insurance Commissioner ("Commissioner"). 

Interested and affected parties will have 30 days from the date notice is posted to submit written comments and responses to Chubb European Group SE's application to the Commissioner.  The Commissioner will not take final action on the application until 30 days after notice was posted.

The purpose of the comments and responses is to gather information, and to provide certain interested and affected parties with an opportunity to present written comments to the Commissioner concerning Chubb European Group SE's application. 

All responses regarding the application should be directed to:

Bill Broich
Insurance Company Examiner Senior
Iowa Insurance Division
1963 Bell Avenue, Suite 100
Des Moines, Iowa 50315
Email:  bill.broich@iid.iowa.gov

Submission of responses via email is preferable.

In the matter of the application for acquisition of control of ACCORDIA LIFE AND ANNUITY COMPANY, CAPE VERITY I, INC., and CAPE VERITY III, INC. by MAGNOLIA PARENT LLC, KKR MAGNOLIA HOLDINGS LLC, KKR GROUP ASSETS HOLDINGS L.P., KKR GROUP ASSETS GP LLC, KKR GROUP PARTNERSHIP L.P., KKR GROUP HOLDINGS CORP., KKR & CO. INC., KKR MANAGEMENT LLP, HENRY R. KRAVIS, and GEORGE R. ROBERTS

Notice of Hearing

Public Form A - Part 1 and Part 2

5162C

Pursuant to Iowa Code section 515A.6(7), notice is hereby given that the National Council on Compensation Insurance, Inc. has made a rate filing which affects the premium rates for workers’ compensation insurance.

The rate filing proposes a slight overall increase in voluntary and assigned risk rates of 0.3% from the current rates that became effective January 1, 2020 (including an amendment filing needed due to an NCCI correction).  The filing has a proposed effective date of January 1, 2021.

A workers’ compensation policyholder or an established organization with one or more workers’ compensation policyholders among its members may request a hearing before the Commissioner of Insurance regarding this rate filing. Such a request must be filed within 15 days of the date of this publication and shall be made to the Commissioner of Insurance at the Insurance Division of the State of Iowa, Two Ruan Center, 601 Locust St., 4th Floor, Des Moines, Iowa 50309.

Pursuant to Iowa Code Chapter 510 and Iowa Administrative Rule 191-5.33(7)(b)(1), this constitutes notice that Watford Re Ltd. has filed a Certified Reinsurer Passport Application with the Iowa Insurance Commissioner (“Commissioner”).

Interested and affected parties will have 30 days from the date notice is posted to submit written comments and responses to Watford Re Ltd. application to the Commissioner.   The Commissioner will not take final action on the application until 30 days after notice was posted.  

The purpose of the comments and responses is to gather information, and to provide certain interested and affected parties with an opportunity to present written comments to the Commissioner concerning Watford Re Ltd.  application.

All responses regarding the application should be directed to:

Chris Chepsoi
Insurance Company Examiner Senior
Iowa Insurance Division
Two Ruan Center
601 Locust Street, 4th Floor
Des Moines, Iowa 50309
Email: Chris.Chepsoi@iid.iowa.gov

Submission of responses via email is preferable.

Notice of Public Hearing (Iowa Code chapter 521A)

Form A Part 1 - Part 2 - Part 3 - Part 4 - Part 5 - Part 6 - Part 7

Notice of Public Hearing (Iowa Code chapter 521A)

Form A Part 1 - Part 2 - Part 3 - Part 4 - Part 5 - Part 6 - Part 7

Notice of Public Hearing (Iowa Code chapter 521A)

Form A Part 1 - Part 2 - Part 3 - Part 4 - Part 5 - Part 6 - Part 7

Notice of Public Hearing (Iowa Code chapter 521A)

Form A Part 1 - Part 2 - Part 3 - Part 4 - Part 5 - Part 6 - Part 7

Pursuant to Iowa Code section 515A.6(7), notice is hereby given that the National Council on
Compensation Insurance, Inc. (NCCI) has made a rate filing which affects the premium rates for workers’
compensation insurance.

The rate filing proposes an overall decrease in voluntary and assigned risk rates of 3.0% from the current
rates that became effective January 1, 2019 (and that were recently amended). The filing has a proposed
effective date of January 1, 2020.

A workers’ compensation policyholder or an established organization with one or more workers’
compensation policyholders among its members may request a hearing before the Commissioner of
Insurance regarding this rate filing. Such a request must be filed within 15 days of the date of this
publication and shall be made to the Commissioner of Insurance at the Insurance Division of the State of
Iowa, Two Ruan Center, 601 Locust St., 4th Floor, Des Moines, Iowa 50309.

Notice of Public Hearing

Form A

Pursuant to Iowa Code Chapter 510 and Iowa Administrative Rule 191-5.33(7)(b)(1), this constitutes notice that XL Bermuda Ltd. has filed a Certified Reinsurer Passport Application with the Iowa Insurance Commissioner (“Commissioner”).

Interested and affected parties will have 30 days from the date notice is posted to submit written comments and responses to XL Bermuda Ltd. application to the Commissioner.   The Commissioner will not take final action on the application until 30 days after notice was posted.  

The purpose of the comments and responses is to gather information, and to provide certain interested and affected parties with an opportunity to present written comments to the Commissioner concerning XL Bermuda Ltd. application.

All responses regarding the application should be directed to:

Chris Chepsoi
Insurance Company Examiner Senior
Iowa Insurance Division
Two Ruan Center
601 Locust Street, 4th Floor
Des Moines, Iowa 50309
Email: Chris.Chepsoi@iid.iowa.gov

Submission of responses via email is preferable.

Pursuant to the authority of Iowa Code chapter 510 and Iowa Administrative Rule 191-5.33(7)(b), the Insurance Division hereby gives notice that an application for certification as a certified reinsurer in the state of Iowa has been received from Wilton Reinsurance Bermuda Limited.

Any interested person may make written comments on or before January 4th, 2019.  Written comments may be sent to Chris Chepsoi, Iowa Insurance Division, Two Ruan Center, 601 Locust Street, 4th Floor, Des Moines, Iowa 50309-3738.  Comments may also be submitted electronically to chris.chepsoi@iid.iowa.gov or via facsimile to 515-281-3059.

Notice of Public Hearing (Iowa Code Chapter 521A)

Public Form A download (up to 427 MB)

Transcript of the Public Hearing

The Insurance Division hereby proposes to amend Chapter 77, “Multiple Employer Welfare Arrangements,” Iowa Administrative Code.

Pursuant to Iowa Code section 515A.6(7), notice is hereby given that the National Council on Compensation Insurance, Inc. (NCCI) has made a rate filing which affects the premium rates for workers’ compensation insurance.

The rate filing proposes an overall decrease in voluntary and assigned risk rates of 9.2% from the current rates that became effective January 1, 2018. The filing has a proposed effective date of January 1, 2019.

A workers’ compensation policyholder or an established organization with one or more workers’ compensation policyholders among its members may request a hearing before the Commissioner of Insurance regarding this rate filing. Such a request must be filed within 15 days of the date of this publication and shall be made to the Commissioner of Insurance at the Insurance Division of the State of Iowa, Two Ruan Center, 601 Locust St., 4th Floor, Des Moines, Iowa 50309.

Notice of Petition for Declaratory Order and Notice of Informal Meeting

Notice of Application for Certification as a Certified Reinsurer

Pursuant to the authority of Iowa Code chapter 510 and Iowa Administrative Rule 191-5.33(7)(b), the Insurance Division hereby gives notice that an application for certification as a certified reinsurer in the state of Iowa has been received from New Reinsurance Company Ltd., Zollikerstrasse 226, CH-8008 Zurich.

Any interested person may make written comments on or before April 25, 2018. Written comments may be sent to Chris Chepsoi, Iowa Insurance Division, Two Ruan Center, 601 Locust Street, 4 th Floor, Des Moines, Iowa 50309-3738. Comments may also be submitted electronically to chris.chepsoi@iid.iowa.gov or via facsimile to (515) 281-3059.