IA HF240

Hazardous liquid pipeline permit applicants must provide evidence of a surety or insurance policy to the Iowa Utilities Commission before a permit can be granted

Insurance coverage must be sufficient to fully indemnify losses from negligent or intentional discharge of pipeline contents

Coverage must include injuries to affected properties, including diminution of real property value, due to pipeline construction or discharge of contents

Pipeline owners must either purchase insurance on behalf of or reimburse any person who cannot obtain insurance, or who faces increased insurance costs, due to the pipeline's presence or construction