Iowa Code » Chapter 87 — WORKERS’ COMPENSATION OR EMPLOYERS’ LIABILITY INSURANCE
Iowa Code

Iowa Code § 87.8 (2026)

Insolvency clause prohibited

✓ current as of July 2026
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No policy of insurance issued under this chapter shall contain any provision relieving the insurer from payment if the insured becomes insolvent or discharged in bankruptcy during the period that the policy is in operation, or the compensation, or any part of it, is unpaid. [S13, §2477-m48; C24, 27, 31, 35, 39, §1474; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §87.8]\n\nTue Dec 09 22:29:42 2025 Iowa Code 2026, Chapter 87 (28, 0) §87.9, WORKERS’ COMPENSATION OR EMPLOYERS’ LIABILITY INSURANCE 4

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Notes of Decisions
Cited in 1 case, 1963–1963 · leading case: Fabricius v. Montgomery Elevator Co., 121 N.W.2d 361 (Iowa 1963).
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Fabricius v. Montgomery Elevator Co., 121 N.W.2d 361 (Iowa 1963). · cites it 2× “11, insolvency clauses are prohibited in policies, section 87.8, and certain policy provisions are required, sections 87.”
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