Iowa News

People and Places

Evan Greenberg The board of directors of Bermudan insurer ACE Ltd. has elected its president, Evan G. Greenberg, to the additional post of CEO, effective May 27, 2004. Greenberg was formerly a top executive at American International Group and is …

Insurance Scoring Legislation Sent to Iowa Governor

Iowa is the first state this year to pass credit-based insurance scoring legislation based on the National Conference of Insurance Legislators’ (NCOIL) model act. The governor is expected to sign the legislation, the Property Casualty Insurers Association of America said …

Brooke: A Franchise Player

Jack Cassell “was pretty happy just being a producer,” and he had been since entering the insurance business in 1979. But he saw an opportunity when the agency he was working for, Wichita, Kan.-based Manning & Smith Insurance was acquired …

United Fire & Casualty to Close New Orleans Office

United Fire & Casualty Company announced it will close its New Orleans Regional Office and consolidate its business with that of the company’s regional office in Galveston, Texas. All of the office’s administrative and underwriting operations will be transferred to …

Before Being Destroyed, Bartman Ball Was Insured

A combination of heat, pressure and explosives was used last February to blow to smithereens the baseball involved in a play that some Cubs fans say cost their beloved team a trip to its first World Series in 58 years. …

Personal Lines Issues Dominate Mich. Agents Convention

A host of personal lines issues — ranging from credit scoring to a commissioner-requested data call to state fines on drivers with no proof of auto insurance — headlined the Michigan Association of Insurance Agents (MAIA) convention last February and …

Hawkeye-Security Promotes Connell to CEO

Des Moines, Iowa-based Hawkeye-Security Insurance has named Michael Connell as its new president and CEO. Hawkeye-Security is a member of Boston-based Liberty Mutual’s regional agency markets program. Connell was promoted to CEO from his position as regional vice president in …

West Bend Mutual Reaches $1 Billion in Assets

West Bend Mutual Insurance Co. announced it reached a record $1 billion in assets during 2003, making it one of about 90 insurers to reach that level, according to a statement from the Wisconsin-based carrier. The company said the increased …

The Case for Group Legal: Now More Than Ever

To say today’s human resource managers are getting the squeeze is the understatement of the year. They are forced to do more with less, yet at the same time, they need to provide more options. In a recent study conducted …

Iowa Senate OKs NCOIL Approach to Credit Scoring

Following a week of intense negotiations, the Iowa Senate approved a bill to restrict credit-based insurance scoring by a vote of 49 to 0. A coalition of industry advocates, led by captive-agent carrier State Farm, successfully amended the bill to …