Which of the following is NOT a requirement under the Iowa Insurance Fraud Act?

The Iowa Insurance Fraud Act establishes a framework for addressing insurance fraud by outlining specific requirements and objectives. Among these, enforcing strict penalties for all existing policies is not explicitly stated as a requirement of the Act itself. Rather, the Act focuses on the broader objectives related to preventing and prosecuting fraud, which includes assisting in the prosecution of fraud, promoting transparency in insurance practices, and working towards reducing premiums through the mitigation of fraudulent activities.

These objectives aim to create a fair insurance marketplace, enhance consumer protection, and discourage fraudulent behavior, but they do not mandate strict penalties for all existing policies as a core requirement. Thus, option D stands out as not aligned with the primary goals and requirements outlined in the Iowa Insurance Fraud Act.