Iowa News

Alliance Hails Enactment of VT Electronic Commerce Bill

The Alliance of American Insurers hailed Vermont Governor Jim Douglas’ (R) for signing into law HB 148, a version of the Uniform Electronic Transactions Act (UETA), which supports use of electronic records and signatures. (See IJ Website May 23) The …

IIABA Applauds Enactment of Tax Relief Bill

The Independent Insurance Agents & Brokers of America (IIABA) is hailing Wednesday’s enactment by President Bush of the Jobs and Growth Tax Relief Reconciliation Act, which reportedly provides independent agents and brokers several tax breaks that will help boost the …

Alliance Urges Passage of VT Electronic Commerce Bill

The Alliance of American Insurers has released a bulletin urging Vermont Governor Jim Douglas (R) to sign into law a bill, passed by the State’s legislature, that will “greatly enhance insurers’ and policyholders’ ability to conduct the business of insurance …

Alan D. Brannan Named Personal Lines Prez at Grange Insurance

Alan D. Brannan has been named the new president of personal lines underwriting at Columbus, Ohio-based Grange Insurance following a thorough countrywide search. He most recently served as president and chief operating officer for the Massachusetts personal lines division of …

EMC Agencies to WebLink From SIS SEMCI Partner

Strategic Insurance Software, Inc. (SIS) announced the certification of Des Moines, Iowa-based EMC Insurance Companies for WebLink with their SEMCI Partner agency management system. According to SIS, WebLink enables agencies to lookup their policyholder information on the carrier Web site …

Kansas City Life Insurance Company First Quarter, 2003 Earnings Release

Kansas City Life Insurance Company posted a $0.62 per share net loss in the first quarter 2003, compared with a $0.54 per share net income last year. The net loss of $7.5 million for the quarter is primarily due to …

BOP

Nuts & Bolts: Superior Access is now offering a new BOP (Office Package Program) through a carrier with an AM Best Rating of “A+ XV”. Will entertain new ventures with a minimum of three years experience in their field. Agents …

American Wholesale Insurance Group Acquires Seaboard Underwriters Inc.

American Wholesale Insurance Group (www.amwins.com) has completed the acquisition of Seaboard Underwriters, Inc., a provider of insurance solutions for the transportation industry. Seaboard operates as a managing general agency providing trucker’s liability, physical damage, motor truck cargo, non-trucking liability, and …

Alliance Argues Against Iowa Diminished Value Bill

A pending Iowa regulation that would regulate the way insurers settle automobile claims is flawed and should be changed, according to the Alliance of American Insurers. “In its current version, IAC 191-15 would force insurers to pay third-party claimants for …

VFS Insurance Group’s Reach Expands Across the U.S.

VFS Insurance Group, the insurance division of the Volvo Group, has added eight states and the District of Columbia to the list of states in which it is licensed to sell insurance, bringing the total to 22 plus D.C. Over …