Iowa News

New Markets

New Markets Nuts & Bolts: DMI Insurance Services Inc. has expanded the range of markets it supplies to producers serving non-franchised auto dealers and automotive specialty shops. The new markets will supply liability and physical damage coverage not been readily …

When the nonprofit insurer is itself a nonprofit

This underwriting approach might surprise those for-profit insurers. Her underwriters rarely see an account they won’t price or renew. Over the years, many a vexed property casualty insurance company executive has joked about his firm being a nonprofit, blaming pricing …

New Markets

New Markets Nuts & Bolts: The Hartford Financial Services Group Inc. introduced Universal Excess, a new excess insurance policy that fits firmly over directors and officers, fiduciary, employment practice, miscellaneous professional and tech errors and omissions products issued by any …

Closer Look: Nonprofits

Over the years, many a vexed property/casualty insurance company chief executive has joked about his firm being a nonprofit, blaming pricing regulation, market cycles, high loss ratios, low investment income or some combination of these forces for erasing any net …

Nonprofits

Over the years, many a vexed property casualty insurance company executive has joked about his firm being a nonprofit, blaming pricing regulation, market cycles, high loss ratios, low investment income or some combination of these forces for erasing net gain. …

Ohio Insurance Director Elected National Association Officer

Ohio Insurance Director Ann Womer Benjamin was elected secretary of the Midwestern Zone section of the National Association of Insurance Commissioners (NAIC) during its winter meeting in Chicago. Womer Benjamin was elected to the leadership position by her peers in …

Iowa, Minn. to Host Free Life/Annuity Products Seminar at NAIC Meeting

The Iowa Insurance Division and the Minnesota Department of Commerce will host a free seminar on indexed life and annuity products on Saturday, March 4, 2006. The seminar, “Indexed Products: Fact and Fiction” will be held in conjunction with the …

Iowa’s GOP Legislators Push Proposal to Cap Punitive Damage Awards

Republican legislative leaders in Iowa are hoping to cap excessive damage awards with a proposal that would slap a $500,000 limit on punitive damages assessed in medical malpractice lawsuits. Senate Republican President Jeff Lamberti said doctors are being forced out …

Liability Law Blocks Federally Insured Doctors from Helping in Disasters

Dozens of federally insured medical providers have been blocked from helping the Gulf Coast recover from Hurricane Katrina because their medical liability protection doesn’t apply outside their own states. Doctors and nurses from community health centers across the country, who …

Insurance Company PR Director to Challenge Indiana House Speaker

Susan Fuldauer, a public relations director for Indiana-based American Income Life, has thrown her hat into the ring in a challenge for the seat of Republican Indiana House Speaker Brian Bosma. The Marion County Democratic Slating Committee chose Susan Fuldauer …