Iowa News

Congress Debates Reforms to Nuclear WC Program

Congressional lawmakers agree a program to compensate sick nuclear weapons workers is broken, but how to fix it is the subject of debate on Capitol Hill. The program is for tens of thousands of people nationwide who helped build Cold-War …

N.C. Moves to 8th Lowest Auto Rates in Nation

A report released by the National Association of Insurance Commissioners comparing auto insurance rates in all 50 states and the District of Columbia found that North Carolina ranks eighth in the nation for the lowest rates. This is an improvement …

EMC Notes Q3 Estimated Hurricane Losses

Iowa-based EMC Insurance Group Inc. has reported that losses associated with three of the four hurricanes that hit the southern United States during the third quarter of 2004 are estimated to total approximately $6.9 million. The company’s reinsurance segment anticipates …

Pa. Gov. Reports Aid for 15 More Counties

Pennsylvania Gov. Ed Rendell announced that President George W. Bush has approved the Governor’s request for federal Individual Assistance (IA) for Bedford, Bradford, Clarion, Clinton, Columbia, Fulton, Jefferson, Juniata, Mifflin, Monroe, Northumberland, Pike, Snyder, Union and Wayne counties from the …

Home Mutual Fire’s White Takes Helm at NAMIC

Wayne F. White, president and chairman of Home Mutual Fire Insurance Co., Conway, Ark., has been elected chairman of the board of the National Association of Mutual Insurance Companies (NAMIC). The election took place during the association’s business meeting, held …

Contractors

Nuts & Bolts: Sandy, Utah-based Prime Ins. Syndicate Inc. is offering excess and surplus lines products to contractors and developers, including contractor’s liability coverage for property/casualty in both residential and commercial business and general liability coverage for premises, work performed …

People and Places

Jonathan Freeburg Chicago-based online wholesaler Noodle Specialty Brokers announced that Jonathan Freeburg has joined the company as a senior underwriter focusing on private company directors’ and officers’ liability insurance, with a special emphasis on employment practices liability insurance. Prior to …

Commentary: SMART for Regulation’

Lobbyists for the American Insurance Association recently made their case for federal over state regulation of insurance before the House Committee on Financial Services by presenting a list that included the following: • In Nevada, insurance companies must use pink …

Vilsack Signs Bill to Allow Apportionment of Iowa Workers’ Comp Claims

In a one-day special session, the Iowa Legislature passed a controversial economic stimulus package and reforms that insurers have argued will help reduce workers compensation costs. Gov. Tom Vilsack, a Democrat, signed the economic development plan in Senate File 2311 …

Iowa Legislature Addresses Workers’ Comp Payments in Special Session

In a one-day special session, the Iowa Legislature has passed a controversial economic stimulus package and reforms supported by the Property Casualty Insurers Association of America (PCI) that will reportedly help reduce workers’ compensation costs. Gov. Vilsack has signed the …