Iowa News

NAII Asks Iowa to Alter Proposed Regs for Aftermarket Parts

National Association of Independent Insurers Counsel Ann Weber has asked Iowa’s Insurance Department to delete a sentence that the NAII feels, “could open the door for some auto repair shops to charge a fee for modifying competitive crash parts that …

Pa. Independent Agent Associations Merge

Members of two Pennsylvania independent agent associations, The Independent Insurance Agents of Pennsylvania (IIAP) and the Pennsylvania members of Professional Insurance Agents Association (PIA) of Pennsylvania, Maryland and Delaware, have approved a consolidation to create one of the largest such …

AMS Unveils QuoteWorks Rating for Central States

After launching in the West and first four central states, AMS Services is introducing its QuoteWorks rating product to remaining central and some southern states. New features of the QuoteWorks product include a client-based design that stores multiple quotes for …

S&P Affirms Employers Mutual Casualty Co ‘BBBpi’ Ratings

Standard & Poor’s Ratings Services announced that it has affirmed its ‘BBBpi’ (the ‘pi’ indicates the ratings are based on “public information”) counterparty credit and financial strength ratings on Des Moines, Iowa-based Employers Mutual Casualty Co. and related pool members …

Gallagher Acquires Iowa’s Grandy Pratt Co.

Arthur J. Gallagher & Co. announced that it has acquired the Grandy Pratt Company, headquartered in Sioux City, Iowa, and their affiliate Grandy Pratt McCoy, Rosenberg and Associates of Des Moines, Iowa. Terms of the transaction were not disclosed. “Founded …

Iowa, Utah Adopt Consumer Privacy Regulations

Iowa and Utah have adopted consumer privacy regulations that closely follow a National Association of Insurance Commissioners’ (NAIC) model. National Association of Independent Insurers (NAII) Counsel Ann Weber expressed appreciation that the Iowa Insurance Department modified its proposed rule so …

Reinsurance through an MGA: A Retail Agent’s Guide

Retail agents know where to turn when they have a specialized need, a difficult coverage to place, or any kind of excess or surplus line of business: the managing general agent. Due to the broad range of coverage options and …

Reinsurance through an MGA: A Retail Agent’s Guide

Retail agents know where to turn when they have a specialized need, a difficult coverage to place, or any kind of excess or surplus line of business: the managing general agent. Due to the broad range of coverage options and …

Iowa Ins. Division Publishes 2001 Complaint Ratios

The Iowa Insurance Division (IID) has published a list of the complaints lodged by consumers against insurance companies in the year 2001. The list breaks down the complaints into six categories: Private Passenger Automobile, Homeowners, Individual Health, Group Health and …

Michigan Insurance Commissioner to Share Insights on Insurance Scoring

Commissioner Frank M. Fitzgerald of the Michigan Office of Financial and Insurance Services will discuss his findings on insurance scoring at a national workshop on urban insurance to be held Oct. 23-24 at the Hotel Monaco in Chicago. The conference, …