Iowa News

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 …

Looyenga Outlines Major Hurricane Policy Changes

Open Market System Suggested: It’s essential to prepare now in case that one-in-10,000 major hurricane hits the Southern United States, Roger Looyenga, CEO of Auto-Owners Ins-urance said at the Florida Assoc-iation of Insur-ance Agents 101st Conven-tion and Educ-ation Symposium in …

Bare market for residential

As construction development in the United States reaches an all time peak, with overall spending up 7.5 percent in 2005 compared to 2004, agents and brokers writing contractor business are having a tough time locating markets to insure their clients. …

Minn. Commerce Dept. Provides Info for Military Families

As a service to the state’s military personnel, the Minnesota Department of Commerce Web site will provide insurance and financial information especially for National Guard and Reservists preparing for deployment to Iraq. Minnesota and federal law have certain provisions for …

IMSA Lauds Iowa, N.D. for Market Oversight Activities

The Insurance Marketplace Standards Association (IMSA) today commended both the Iowa and the North Dakota Insurance Departments for issuing a bulletin and letter respectively affirming their use of a company’s IMSA qualification in their market oversight activities. Iowa Commissioner Susan …

Residential Contractors Market: Home Builders Face Tough Climb

As construction development in the United States reaches an all time peak, with overall spending up 7.5 percent in 2005 compared to 2004, agents and brokers writing contractor business are having a tough time locating markets to insure their clients. …

Increase in Midwestern Insured Crop Acres Eases Drought Threat

By Laura Mazzuca Toops Farmers in Midwestern states like Kansas have more than doubled the acres they insure and tripled their dollar amount of coverage since 1989, according to recent statistics. It’s a trend that could mitigate financial hardships arising …

Open Market System Suggested:

Looyenga Outlines Major Hurricane Policy Changes It’s essential to prepare now in case that one-in-10,000 major hurricane hits the Southern United States, Roger Looyenga, CEO of Auto-Owners Ins-urance said at the Florida Assoc-iation of Insur-ance Agents 101st Conven-tion and Educ-ation …

Increase in Midwestern Insured Crop Acres Eases Drought Threat

Farmers in Midwestern states like Kansas have more than doubled the acres they insure and tripled their dollar amount of coverage since 1989, according to recent statistics. It’s a trend that could mitigate financial hardships arising from spring and summer …

Gov. Pataki Sent Bill to Repeal Drunk Drivers’ Insurance Exclusion

New York would join a growing list of states to repeal laws allowing insurance carriers to deny payment of medical bills for people injured while driving drunk under a measure sent to Gov. George Pataki. Under current state law, doctors …