Iowa-based Grinnell Mutual Reinsurance Company has issued its first auto policies in the state of Oklahoma, the company announced. Through its longtime relationship with Farmers Mutual Fire Insurance Company in Okarche, auto insurance, along with other personal lines products from …
Cedar Rapids, Iowa-based insurance company United Fire & Casualty Co. reported a dip in premiums earned in the first quarter of 2010 compared with that in the same period in 2009, but total revenues and net income rose. In the …
The payment per claim for prescription drugs used to treat injured workers in Illinois was slightly lower than in most study states, according to a new study by the Workers Compensation Research Institute (WCRI). The 16-state study by the Cambridge, …
Two years ago, Larry Frese thought he’d escaped the worst of a flood that had left a lot of his neighbors’ homes in Chelsea, Iowa, and a large swath of the state underwater, even as overflowing Otter Creek lapped at …
The Senate plans to explore weaknesses in federal mine safety laws when it convenes the first of a series of hearings this month on the deadly mining disaster in West Virginia. Iowa Sen. Tom Harkin says the Health, Education, Labor …
Editor’s note: The following corrects a previous story posted on Insurance Journal regarding insurer notice of rate hikes in an omnibus insurance bill signed recently by Iowa Gov. Chet Culver. The original story has been taken offline. Insurance companies in …
A.M. Best Co. has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to John Deere Insurance Company (JDIC) of Johnston, Iowa. The outlook assigned to both ratings is stable. The rating actions reflect …
Kansas City, Mo.-based insurance broker the Lockton Companies has expanded its Chicago team with the addition of Thomas M. Schmidt as a vice president in the Employee Benefits Practice. Prior to joining Lockton, Schmidt was managing director of Schmidt Group …
U.S. Commerce Secretary Gary Locke announced $30 million in federal aid on April 9 to help Iowa recover from the devastating floods of 2008, pushing the total amount given to the state to $4 billion. The grants will used to …
An Alabama trucking company involved in a crash that killed 11 people in Kentucky had a poor safety rating from federal regulators, repeatedly failing roadside inspections. The Federal Motor Carrier Safety Administration gave Hester Inc. a “deficient” rating of 88.4 …
