Iowa News

Damaged Iowa Levees Won’t be Fixed by Spring

Damaged levees will stand between Iowa homes and farm fields this spring because of a delay in repairs. The U.S. Army Corps of Engineers had estimated that the flood-damaged levees certified by the corps would be fixed by year’s end, …

Top Regional Stories of 2008

West California Passed Agent-Broker Law The most notable bill affecting California agents was AB 2956, which clarifies the duties of an insurance agent versus a broker. Prior to the new law, confusion existed within the industry, with consumers, brokers, agents, …

My 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. Baby Products MarketScout: www.marketscout.com gives agents access to a products liability market for baby products. …

Iowa Cities Push for Flood Gauges

Some Iowa cities want more river gauges following last summer’s flooding. Officials say gauges are an important warning tool, but they may be too expensive. Startup cost for each electronic gauge is $15,000 to $20,000. Annual operating costs are $10,000 …

Iowa Experts Say Serious Flood Frequency May Increase

Time will tell if the record floods of 2008 are an aberration or the beginning of a trend. But some experts say the likelihood of serious floods in Iowa is increasing in frequency. Eugene Takle is a professor of atmospheric …

Rebuild Iowa Office Announces Disaster Aid Figures

Iowa state officials say more than 39,800 Iowans have registered for disaster assistance, and funding for Iowa residents and governments impacted by severe storms and flooding continues to increase. According to the Rebuild Iowa Office, the state has gotten about …

Natonal Committee Urges Levee Checks Due to Midwest Flooding

America needs a complete inventory of all levees and a national safety standard for the last line of defense against floods, members of the National Committee on Levee Safety said on Dec. 10. The committee formed as the result of …

Illinois, North Dakota Join Regulator Sponsored State Based Systems

The National Association of Insurance Commissioners (NAIC) recently announced that two state departments — the Illinois Division of Insurance within the Department of Financial and Professional Regulation and the North Dakota Insurance Department — have chosen State Based Systems (SBS) …

Iowa City Proposes Tax to Help Pay for Flood Relief

A Cedar Rapids Iowa City Council member has proposed a 2 percent sales tax increase for two years to help pay for flood relief. Justin Shields this week urged his colleagues to back the emergency local option sales tax to …

Iowa Gets $125 Million in Federal Grants for Tornado, Flooding Recovery

Iowa lawmakers announced on Nov. 24 that the state will get $125 million in federal grants from the U.S. Department of Housing and Urban Development for flood and tornado recovery efforts. Gov. Chet Culver said the money is part of …