Iowa News

Donegal Group Acquires Sheboygan Falls Insurance Company

Donegal Group Inc. recently reported that it had completed the acquisition of all of the outstanding capital stock of Sheboygan Falls Insurance Co. The acquisition was approximately $12 million, which includes a surplus contribution of $8.5 million to support the …

Texas Enforcement Actions Total $42K in October 2008

The Texas Department of Insurance announced enforcement actions that became final during October include three license revocations and fines and restitution totaling $42,600. An order imposing disciplinary measures becomes final 20 days after the agent or insurance company has received …

Insurance Dollars an Electoral Force in Midwestern States

Congressional candidates from the Midwestern states of Illinois, Indiana, Iowa, Michigan, Minnesota, Nebraska, North Dakota, South Dakota and Wisconsin pulled in big donations from a variety of insurance industry interests in 2008, according to the Center for Responsive Politics, a …

U.S. Senate Candidates (Not all those listed were up for election in November 2008) Obama, Barack (D) $1,512,257 Durbin, Dick (D-IL) $128,750 Bayh, Evan (D-IN) $1,000 Lugar, Richard G (R-IN) $750 Harkin, Tom (D-IA) $90,580 Grassley, Chuck (R-IA) $61,950 Roberts, …

People

Safeco Insurance and Indiana Insurance, both Liberty Mutual Agency Markets companies, recently announced key management appointments to lead their respective personal and commercial lines operations in their Midwest territory. Christopher T. Allen was named vice president, Safeco Insurance, and Midwest …

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. Waste Haulers Market Detail: ELM Insurance Brokers Inc. offers automobile and general liability coverage for …

Former Iowa Governor Says He Won’t be Next Agricultural Secretary

Former Iowa Gov. Tom Vilsack says he won’t be the next Agriculture Secretary, according to a report on the Des Moines Register Web site on Nov. 23. Vilsack says in an e-mail that he has never been contacted by aides …

Iowa Supreme Court Rules on Case of Woman with Cancer Diagnosis

The Iowa Supreme Court issued a ruling on Nov. 21 that sends the case of a woman who sued her doctors for failing to diagnose breast cancer back to a lower court for more proceedings. In her lawsuit filed in …

Principal Financial Declines Tax Breaks Connected to Iowa Jobs

Principal Financial Group Inc. will not pursue tax incentives tied to creating 900 jobs in Iowa. The Des Moines-based retirement, insurance and financial services company has notified the Iowa Department of Economic Development that it is no longer interested in …

Iowa Jury Says Companies Not Responsible for Fire in Turkey Plant

A federal jury says that two maintenance companies are not to blame for a fire that destroyed a turkey-processing plant in Postville. The Davenport jury made its decision in a lawsuit over a fire that destroyed the Iowa Turkey Products …