June 7, 2010
The Iowa Insurance Division (IID) has issued summary cease and desist orders against two contractors, directing them to stop acting as public adjusters. The division alleges the firms have been soliciting storm repair business without being properly licensed, in violation …
June 1, 2010
The May Business Conditions Index for the Mid-America region advanced for a sixth straight month, pointing to a growing economy in the months ahead, according to the May Business Conditions survey of supply managers in the nine-state region. The index …
May 27, 2010
The North Carolina-based Smart Choice Agents Program, which says it currently provides personal and commercial lines markets for some 3,000 independent agencies in 32 states, is expanding into six additional states. The program is moving into Arizona, Colorado, Nevada, New …
May 27, 2010
The nation’s most knowledgeable drivers are in Idaho, Wisconsin, Montana and Kansas, while the least knowledgeable are in New York, New Jersey, Hawaii and California. That’s according to results from the 2009 GMAC Insurance National Drivers Test, which found that …
May 24, 2010
Residents and businesses in a northeast Iowa town can sue the state for flood damage caused by a highway project, the Iowa Supreme Court ruled last Friday. The court overturned district court and appeals court decisions dismissing the lawsuit filed …
May 24, 2010
Officials Harvey County, Iowa, say some residents may need to buy flood insurance under new federal maps of the area’s flood plain. Scott Davies, director of the Harvey County Planning and Zoning, says 270 residents of unincorporated areas may be …
May 24, 2010
John Spragle has announced his retirement as president of Waterloo, Iowa-based VGM Insurance effective July 1, 2010. Tom Jones is slated to take over as president of the company upon Spragle’s retirement. Jones has expertise and familiarity with the Durable …
May 19, 2010
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength ratings (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of EMC Insurance Companies (EMC) and its seven P/C members, which operate …
May 17, 2010
No Bogus Charges Allowed “Some repair shops have abused consumers by refusing to return a vehicle until the consumer pays bogus charges.” —Iowa Attorney General Tom Miller. A new law took effect May 1 in Iowa aimed at protecting consumers …
May 17, 2010
Nationwide reported first quarter net income of $396 million compared to a net loss of $106 million during the same quarter a year ago. Nationwide Mutual Insurance Co. announced it will fill 1,400 job openings, including about 600 in its …