This Bulletin is to inform HMOs operating as MCOs that the Division will defer collection of any premium tax above the “applicable percent” as described in Iowa Code § 432.1(2.).
This bulletin sets forth the Iowa Insurance Division’s expectations as to how Insurers will govern the development/acquisition and use of certain AI technologies.
The purpose of Bulletin 24-03 is to provide ongoing guidance to individuals and entities regulated by the Iowa Insurance Commissioner when severe weather and natural disasters impact Iowa consumers.
