Iowa News

United Heartland Launches a New Tool for Workers’ Comp

United Heartland, a writer of worker’s compensation policies in Wisconsin, Illinois and Iowa, has launched Inside UH, a new feature on its web site designed to streamline information associated with workers’ compensation insurance policies. Agents and clients looking for monthly …

Converium to Underwrite Midwest Crop Coverage

Switzerland’s Converium Holding Ltd. announced that its U.S. subsidiary Converium Insurance (North America) Inc. (formerly ZC Insurance Company) has reached an agreement with Crop 1 Insurance of Des Moines, Iowa to manage its delivery of Federal Crop Insurance. Converium, which …

NAII Urges Terrorism Exclusions for Personal, Commercial Lines

The National Association of Independent Insurers (NAII) is urging state insurance regulators to consider personal lines exclusions on a case-by-case basis for insurers that demonstrate the potential for solvency problems stemming from a lack of reinsurance. Absent the proposed federal …

Survey Ranks over Half of All State Tort Systems as Bad for Business

A survey released this week by the United States Chamber of Commerce assessing the fairness of liability systems for all 50 states found that 57 percent of corporate general counsels and senior litigators rank America’s state court liability system as …

Regulators Should be Deliberate, Flexible When Considering Personal Lines Terrorism Exclusions

The National Association of Independent Insurers (NAII) has urged insurance regulators to “move with deliberation…on terrorism exclusions for personal lines” and to remain flexible when considering such exclusions. According to NAII, reinsurance contracts for many personal lines insurers now contain …

Employers Mutual Casualty Co. to Use Visibillity’s Litigation Management Systems

Visibillity Inc. announced that Employers Mutual Casualty Company, a property and casualty insurer with headquarters in Des Moines, Iowa, signed a three year contract valued at more than $1 million dollars for Visibillity’s collaborative litigation management solution to improve the …

InsuranceNoodle Licensed in Wyoming

InsuranceNoodle has signed its 800th “NoodleNetwork” insurance agency partner to quote and bind small commercial insurance business using the e-broker’s proprietary web-based agency technology, and has been licensed in Wyoming, the 46th state in which it is selling small business …

Assurex International Names New Board Members

International insurance brokerage group, Assurex International, headquartered in Columbus, Ohio, announced the appointment of new directors and officers to its 2002 board of directors. Elected to a three-year board term is Assurex Partner Dan Koch of The Harry A. Koch …

Calif. Won’t Adopt Terror Exclusions

According to a Jan. 7 Los Angeles Times article, California has refused to allow insurers to adopt terrorism exclusion language, a move which has already been by approximately 20 other states in the wake of Sept. 11. The Times quoted …

Congressional Stalemate Could Slow Down Economic Recovery

The political stalemate that resulted in Congress’ failure to implement a federal terrorism insurance backstop could stifle an economic recovery and shifts the pressure for handling such risks to state regulators. The federal government’s delay in addressing the issue leaves …