Iowa News

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. Fire & Water Restoration Contractors Market Detail: USAssure Insurance Services Inc. offers a fire and …

Economist: Midwest Economy Improves

A survey of business leaders in nine Midwestern and Plains states suggests that the region’s economy continues to show signs of improvement, but job losses persist. The Mid-America Business Conditions index released July 1 rose to its highest level since …

AIMS Elects New Leadership

The American Insurance Marketing & Sales (AIMS) Society, has elected new officers and directors for the organization, which is open to anyone engaged in sales and marketing in the property and casualty insurance business. New officers are: President James P. …

Wisconsin’s Capitol Insurance Adds Commercial Auto Coverage

Capitol Insurance Companies (Capitol) based in Middleton, Wis., has launched a commercial automobile insurance product. The company said the product is available for appointed insurance agents and brokers through a newly designed online processing system that will allow them to …

Storms Pummel Midwest with Hail, Heavy Rain, Strong Winds

With only a few days left before the official beginning of summer, strong spring storms have been pummeling the Midwest this week with tornadoes, strong winds, rain and hail, and leaving behind widespread damage. Golf-ball sized hail dropped in west …

Earthquake Monitors Headed to Midwest

More than 40 earthquake recording stations will be placed around the state and in Iowa as part of a federal initiative overseen by Missouri University of Science and Technology. The seismic monitors join another 400 stations already in place across …

Democrats Eye Health Co-Ops as Health Insurance Option Compromise

With Republicans fighting the idea of a government-run health insurance plan, Obama administration officials said that they are open to a compromise: a cooperative program that would expand coverage with taxpayer money but without direct governmental control. Congress began work …

People

Harleysville Insurance of Pennsylvania has named Jonathan Young senior vice president and chief claims officer. Young will oversee all claims activities for the Harleysville organization, which includes oversight of the company’s home office central claims unit and its four regional …

People

Kansas City-based insurance broker Lockton has added Michael Todorovich II as vice president and producer in its St. Louis office. With more than 11 years of experience in the insurance industry, Todorovich’s expertise includes mergers and acquisitions and executive risk. …

Agents Can Help Fight Insurance Fraud

Insurance agents can play a big role in helping states to fight insurance fraud. And with insurance fraud costing California alone $15 billion each year, or $500 per resident, the cost of which is eventually passed onto consumers, they should …