Iowa News

Highway Safety Institute Gives Illinois ‘Fair’ Rating on Teen Driving

The Insurance Institute for Highway Safety gave Illinois a “fair” rating for the way it issues licenses to new drivers in an updated chart as of May 2006. The Institute assigns licensing systems points for the key components of graduated …

Minn. Western National Finalizes Affiliation with Farmers Home Group

Western National Insurance Group, based in Edina, Minn., today announced that it has met all regulatory and legal steps to finalize the affiliation with Farmers Home Group of Bloomington, Minn. Farmers Home companies will continue to operate as separate entities …

Kan. Commissioner Praeger Attends Interstate Compact Press Conference

Kansas Insurance Commissioner Sandy Praeger was among a gathering of other state regulators today at the National Press Club in Washington D.C. for a news conference which outlined plans for the implementation of the Interstate Insurance Product Regulation Compact. The …

N.H. Gov. Lynch to Sign Premium Tax Cut Legislation

New Hampshire Gov. John Lynch is “inclined” to sign a measure cutting the state’s insurance premium tax in half, according to his communications director. Pamela Walsh told Insurance Journal the governor is supportive, adding he would review the bill when …

CIGNA HealthCare Names S.E. Region V.P.

Bloomfield, Conn.-based CIGNA HealthCare has appointed Michael Muchnicki as regional vice president for the Southeast region. Muchnicki will be based in CIGNA’s offices in Fort Lauderdale and Atlanta. Muchnicki will support the strategic development and execution of business growth opportunities …

Iowa State Bar Endorses Westport Insurance and Lockton Risk Services

The Iowa State Bar Association (ISBA) announced it will endorse Westport Insurance and Lockton Risk Services to provide Professional Liability insurance to Iowa Bar members. The ISBA chose Lockton as its preferred broker and Westport as its insurance carrier. Westport …

Harleysville Insurance Names Midwest Regional Leadership Team

Harleysville Insurance has named the leadership team for its new Midwest operation headquartered in Itasca, Ill. The Midwest region, which includes existing offices in Indiana, Michigan, Minnesota and the new location in Illinois, was established as part of the company’s …

Mich. House Passes Controversial Motorcycle Helmet Repeal Bill

With hundreds of motorcycle riders outside the Capitol, the Michigan state House today passed a controversial repeal of a mandate for riders to wear helmets. The legislation passed by a 66-37 vote and is awaiting the signature of Gov. Jennifer …

Report ranks Phoenix drivers safest of big cities

Drivers in Phoenix are the safest big city commuters, according the second-annual “Allstate America’s Best Drivers Report.” Drivers in Phoenix can expect to bump into another vehicle on the roadway every 9.7 years — slightly more frequent than the national …

States promise quicker insurance product, filing approval under new system with Interstate Compact

State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of lobbying, the required number of states–26–has …