Kroblin Refrigerated Xpress, Inc. v. Iowa Insurance Guaranty Ass'n

SCHULTZ, Justice.

In this declaratory judgment action, plaintiff Kroblin Refrigerated Xpress, Inc. (Kroblin) seeks benefits from the Iowa Insurance Guaranty Association (association). This association was created under Iowa Code chapter 515B (1985). 1 This chapter generally provides that the association is obligated to pay covered claims of insureds or claimants that sustain losses caused by an insolvent insurance carrier. The definition of “covered claim” requires that either the property from which the claim arises is permanently located in Iowa or the “claimant or insured is a resident of…