Iowa News

People

WellPoint, Inc. announced a series of leadership appointments, effective September 1, 2005, including naming Marjorie W. Dorr to the post of executive vice president and chief strategy officer. “As chief strategy officer, Marjorie will have a key role in ensuring …

People & Places

Marjorie Dorr WellPoint, Inc.announced a series of leadership appointments, effective September 1, 2005, including naming Marjorie W. Dorr to the post of executive vice president and chief strategy officer. Mark Boxer “As chief strategy officer, Marjorie will have a key …

Drivers in 15 States Pay In Excess of $1,000 for Automobile Coverage

The average auto insurance premium in the country was about $939 in 2003, or about six percent higher than it was in 2002. For that same year, drivers in 15 states paid above $1,000 a year in premium, according to …

Iowa Golfer’s $10,000 Hole-in-One by Mulligan Case Set for Trial

Trial started this week for a man who said he should have been paid $10,000 after he hit a hole-in-one during a golf tournament. Adam Fisher, who was 18 when he made the shot in 2003, filed a lawsuit against …

Congress Eyes Tax Changes to Aid Hurricane Victims

Lawmakers in the nation’s capital have proposed tax changes to encourage charitable giving and help victims of Hurricane Katrina get back on their feet. The Senate’s top tax writers offered a package of tax aid that would let hurricane victims …

AmerUs Names New Exec VP

AmerUs Group Co. named Michael D. Boltz, 47, as executive vice president and chief information officer. Boltz will manage the company’s information technology division which supports the holding company, life insurance operations, annuity operations, and investment management. Boltz holds a …

EMC Predicts Katrina Share Losses

EMC Insurance Group Inc., Des Moines, Iowa, expects losses associated with Hurricane Katrina to range from $0.28 to $0.32 per share. Losses in the property and casualty insurance segment are expected to range from $3.4 million to $3.7 million and …

Midwest Surplus Lines: A Market Unto Itself

Gone are the days when the Midwest’s surplus lines market saw all sorts of business, from high-liability risks to garden variety commercial property coverage. For the region’s surplus lines business, the softening of the traditional insurance market means shrinking volume …

New Markets

Employment Practices Liability Program Nuts & Bolts: Arrowhead General Insurance Agency Inc.’s professional liability division launched an employment practices liability insurance program for small- and mid-market businesses in 47 states. Highlights include coverage for full prior acts; specific coverage for …

Liquor Liability

Nuts and Bolts: Geo. F. Brown & Sons, Inc. (GFB) is expanding its Illinois liquor liability program to a multi-state program. Available on an admitted basis in Illinois and non-admitted elsewhere, this new program is for all classes serving alcoholic …