Bankers Life & Casualty Co. v. Alexander

We think the principal question presented by this appeal is whether defendant, Iowa insurance commissioner, has the power to require a foreign insurance company to discontinue distribution in Iowa of advertising material found by him to be deceptive and misleading, in violation of law, and to order that lack of compliance with this requirement would result in revocation of the company’s license to do business in Iowa. The trial court held the commissioner had no such power. We cannot affirm this decision.

Plaintiff is a corporation organized under Illinois laws engaged in life and casualty…