Iowa News

Pennsylvania Halts Excess Home Insurance by Lenders

Pennsylvania homeowners may be entitled to a reduction in their homeowners’ insurance premiums, thanks to The Mortgage Property Insurance Coverage Act signed by Gov. Ed Rendell. The law, which was spurred by the Insurance Agents & Brokers, prohibits mortgage lenders …

America’s Safest Drivers Travel the Roads in America’s Heartland

Residents in Sioux Falls, S.D., continued to top the chart as the safest drivers in the U.S., according to the fourth annual Allstate America’s Best Drivers Report. The average driver in Sioux Falls experiences an auto collision every 14.6 years. …

State Ranking In Number of Events

F5 Tornado damage in Parkersburg, Iowa, May 25, 2008. Tornado damage, Windsor, Colo. Prior to 1990, the average number of tornadoes per year in the Continental US was 772. In the period from 1990 through 2007, the average was 1,215. …

Tornado Threats Loom Large as Flood Waters Recede

Kansas had 1,616 tornadoes, 11 of them were F4 tornadoes and nine were categorized as F5. … The number of tornadoes reported has gone up over 50 percent. Much has been written in the last six weeks about the 2008 …

New Markets

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. Builders Risk and Affiliated Exposures Market Detail: Atlantic Risk Specialists (www.arspecialists.com) brings builders …

Flood Recovery Efforts in Iowa Slowed by Government Estimates

Victims of record flooding are paying mortgages, taxes and repairs on houses that might need to be destroyed, and some are blaming federal and state officials for a slow response. The lengthy process to get federal buyout offers to homeowners …

Zurich Integrated Products Accepting New Midwestern Businesses

Schaumburg, Ill.-based Zurich North America Commercial announced today that its new Zurich Integrated Products unit is accepting new business submissions from agents and brokers in several Midwestern states for commercial customers in the small-to-middle market segments. Zurich launched this new …

Iowa Insurance Division Rescinds Rebate Bulletin

A national insurance trade group is praising the Iowa Insurance Division over its decision to rescind a bulletin that would restrict gifts and other small items under the heading of charities or advertising. The Property Casualty Insurers Association of America …

Thousands of Federally Placed Underground Fuel Tanks Could Leak

The government owns hundreds of underground fuel tanks — many designed for emergencies back in the Cold War — that need to be inspected for leaks of hazardous substances that could make local water undrinkable. The Federal Emergency Management Agency …

Iowa Town Out of Money After Floods

City leaders in Palo, Iowa say they have spent the city’s entire general fund budget on flood recovery. Officials say the town, which has about 900 residents and a $300,000 budget, is out of money. City Hall alone sustained $465,000 …