Iowa News

Healthy Feedback

An Iowa professor thinks using the term “health insurance” to describe typical health care policies is a bit of a misnomer because it’s become more of a cash management tool than insurance. According to Ty Leverty, assistant professor of finance …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Misc. Medical Malpractice Market Detail: NAS Insurance Services Inc. gives agents the ability to provide …

Iowa’s Farm Bureau Mutual Plans to Convert to Stock P/C Insurer

The board of Farm Bureau Mutual Insurance Co. in West Des Moines, Iowa, has approved a plan to reorganize into a mutual holding company structure. The plan is subject to approvals by the Iowa Insurance Commissioner and the company’s policyholders. …

South Dakota Urology Clinic Wants Iowans’ Lawsuit Dismissed

A South Dakota urology clinic and its owners have asked a judge to dismiss an amended lawsuit and its class-action request filed by five Iowans who claim they could have been exposed to blood-borne infections. State health officials warned patients …

Iowa to Hold Final Public Hearing on Use of Credit in Insurance

The Insurance Consumer Advocate for the Iowa Insurance Division, Angel Robinson, will hold her final public hearing on Sept.16 on the use of credit scores in pricing and underwriting of insurance in Iowa. The testimonies provided at the public hearing …

Health Insurance Isn’t Really Insurance, Researcher Says

Lost in the debate over a public option health insurance plan, says a University of Iowa insurance expert, is the fact that health insurance differs in many ways from other types of insurance. “Insurance manages risks that are unknown, such …

Declarations

None Over 40 “It is pretty obvious to me and my lawyers that persons over the age of 40 are not considered for entry-level positions.” —Donald Dobkin, 56, of West Bloomfield, Mich. Dobkin has filed a lawsuit against the University …

People

Markel Corp. has promoted Henry Lopez to president for Markel Midwest. Lopez has served as executive vice president for the Midwest region since November 2008. He joined Markel in 1995 as a financial analyst and has held a variety of …

Rates, Claim Frequency Still Declining in Workers’ Comp; Medical Costs Rise

States Are Not Equal in Handling Worker Injuries Prices for workers’ compensation insurance in the United States declined in 2008 and, in general, that trend is likely to continue in throughout 2009, according to the National Council on Compensation Insurance …

Declarations

On Notice “This settlement … should put all federal contractors on notice that the Labor Department is serious about eliminating systemic discrimination,” —U.S. Labor Secretary Hilda L. Solis, commenting on an agreement with Gerber Products Co. in Fort Smith, Ark., …