Iowa News

Arthur J. Gallagher Acquires Ahrold Fay Rosenberg of Iowa

Arthur J. Gallagher & Co. acquired Ahrold Fay Rosenberg in Des Moines, Iowa. Terms of the deal were not disclosed. Ahrold Fay Rosenberg is a retail insurance broker providing retail property/casualty, employee benefits and risk management insurance services as well …

Issuer Credit Ratings of Grinnell Mutual Reinsurance Co. Downgraded

A.M. Best Co. has downgraded the issuer credit ratings (ICR) to “a” from “a+” and affirmed the financial strength rating (FSR) of A (Excellent) of Grinnell Mutual Reinsurance Co. (Grinnell) and its subsidiary, Grinnell Select Insurance Co. Both are headquartered …

SIAA Adds 7 Midwest Agencies in November

The Strategic Insurance Agency Alliance (SIAA) announced it signed seven additional members in Midwest states in November. They are: The Robertson Company of Muncie, Ind. Burcham Insurance Agency of Cleveland, Ohio Paisano Insurance of Omaha, Neb. Maschoff Insurance Agency of …

Platinum Supplemental Insurance Creates Worksite Division, Adds Director

Platinum Supplemental Insurance has introduced a Worksite Division and added Duane Frick of Dubuque, Iowa, as director of worksite development. The new division is designed specifically to help employers add voluntary supplemental insurance to their benefit packages. The launch of …

More than 90,000 Iowa Residents Hit by Data Breach

Iowa officials say more than 90,000 residents in the state have been affected by a nationwide insurance breach that’s impacted more than a million people. Iowa Attorney General Tom Miller on Dec. 4 announced the data breach’s effect on the …

Iowa Fire Officials Change Policy on Flood Zone Fires

Fire officials in Cedar Rapids say they have a different policy for battling fires at buildings vacated by the city’s historic 2008 floods. The Gazette reports Cedar Rapids Fire Department spokesman Greg Buelow says firefighters are expected to keep fires …

Cedar Falls, Iowa, Cuts Worker Hours to Avoid Health Insurance

Officials in Cedar Falls, Iowa, plan to reduce dozens of part-time public employees’ hours in order to avoid having to offer them insurance under a requirement of the federal health care overhaul set to take effect in 2014. Cedar Falls …

Iowa Commissioner Approves Workers’ Comp Rate Hikes

Iowa’s top insurance regulator has approved a rate filing that increases workers’ compensation premium rates in that state beginning Jan. 1, 2013. Iowa Insurance Commissioner Susan Voss on Nov. 6 issued an order approving an Aug. 9 rate filing submitted …

Corn Crop Insurance Payout up to $7.50 Per Bushel

Corn farmers who chose to pay more to insure their crops at harvest prices have gotten some welcome news from the U.S. Department of Agriculture. Farmers who bought the more expensive crop insurance option last spring will earn $7.50 per …

Midwest Farmers Planted Most of Land Flooded in 2011

Farmers this spring were able to plant all but a few thousand acres of the land deluged by last year’s flooding along on the Missouri River and the intentional breaching of a Mississippi River levee in southeast Missouri, U.S. Department …