Iowa Laws, Rules, and Regulations Pertinent to Property Only Exam Questions with 100% Correct Answers | Updated 2024 | Guaranteed Success

5. Iowa Laws, Rules, and Regulations Pertinent to Property Only Exam Questions with 100% Correct Answers | Updated 2024 | Guaranteed Success Iowa FAIR Plan - make basic property insurance available to qualified applicants with the least possible expense; provides for the equitable distribution and placement of risks among member insurers basic property insurance - insurance against direct loss to property, not including automobile insurance or inland marine insurance FAIR plan is managed by a governing committee consisting of 7 members, with 5 being chosen from: - -the american insurance association -the property-casualty association of america -the iowa insurance institute -the mutual insurance association of iowa -the independent insurance agents of iowa these 5 pick the remaining two people