Iowa News

States Hosting International Insurance Regulators

The National Association of Insurance Commissioners (NAIC) welcomed 13 regulators from China, India, Korea, Lebanon, Republic of Srpska and Thailand to its International Internship Program for Education and Regulatory Cooperation. The fall program kicks off in Kansas City, Missouri this …

Court: Property Transfer Doesn’t Negate Builder’s Risk Policy

The Iowa Court of Appeals upheld a ruling by a lower court that a builder’s risk insurance policy remained in effect after the policyholder transferred the property, by warranty deed, to another party in exchange for that party’s agreement to …

Business Moves

Markel, Hiscox Insurer Markel has acquired the rights to American Live Stock, the animal mortality business of Hiscox Insurance Co. Terms of the deal were not disclosed. The transaction, which includes the rights to the American Live Stock and Harding …

Business Moves

Palmer Miller Nelson, Keystone Insurers Group Palmer Miller Nelson Insurance Agency Inc. (PMN) of Columbus, Ohio, has become Keystone Insurers Group’s 24th franchise partner in Ohio. In business since 1855, PMN was the first agency appointed by Ohio Farmers Insurance …

Business Moves

Markel, Hiscox Insurer Markel has acquired the rights to American Live Stock, the animal mortality business of Hiscox Insurance Co. Terms of the deal were not disclosed, but the companies said it would close the transaction by October 1. The …

Business Moves

Markel, Hiscox Insurer Markel acquired the rights to American Live Stock, the animal mortality business of Hiscox Insurance Co. Terms of the deal were not disclosed. The transaction includes the rights to the American Live Stock and Harding & Harding …

Alabama Students Learn Driver Safety from Simulation Software

Heather Myers, 18, will tell you she has texted while driving, but she’s quick to point out it’s only in an emergency. “I’ve never texted when I’m on the highway, though,” said the senior from Winston County. She and other …

Iowa-based Principal Financial to Exit Health Insurance

Principal Financial Group Inc., an insurance, retirement and financial services company, said it is getting out of the health insurance business. It said the move will eliminate 150 jobs initially and more later. Principal’s health insurance division employs 1,500 workers …

Best Independent Agencies to Work For

The results are in from the 2010 Best Independent Insurance Agency to Work For survey by Insurance Journal. The owners of the Best Agencies to Work For in 2010 accent different programs or benefits depending upon their employee needs, their …

Disaster Assistance Available for Iowa Businesses

The Iowa Department of Economic Development is encouraging businesses affected by flooding or natural disasters to sign up for recovery assistance. The agency said that only a handful of eligible Iowa businesses have applied for assistance through the Iowans Helping …