After the Great Flood of 1993, thousands of properties in flood plains around the Midwest were bought out by the government. Now, weeks after the latest massive flood, buyouts are again being considered in at least five states: Missouri, Iowa, …
A federal appeals court has dismissed the remaining portions of a lawsuit filed by a Nebraska crop insurance company against the Federal Crop Insurance Corp. American Growers Insurance Co. filed a lawsuit against FCIC in November 2001 in U.S District …
Cedar Rapids, Iowa. Attorney General Tom Miller recently reminded Iowans to beware of a variety of scams in the wake of the tornadoes and floods over the last several weeks. “It’s the definition of adding insult to injury, con-artists trying …
New Hampshire officials announced changes in licensing fees for insurance producers and adjusters that include a single $210 application and license fee for initial producer licensing replacing what used to be two separate fees. The producer licensing renewal fee remains …
Standard & Poor’s Ratings Services said it does not expect the 2008 Midwest floods to impact ratings or outlooks for the majority of companies that it rates. However, property/casualty writers that are geographically concentrated in the affected states, especially those …
A large number of exteme weather events pummeled the United States in the first half of the year, and worldwide 2008 may go down in history as a year with one of the highest number of natural catastrophe victims, according …
A combination of costs and confusion keeps many Iowans from buying federal flood insurance. Only about 1 percent of Iowans owned flood insurance when last month’s record flooding struck. More than 4,000 homes in Cedar Rapids were damaged or destroyed, …
The Iowa Supreme Court has issued an order delaying deadlines for the days that a half-dozen district court offices were closed due to flooding. That means the courts, lawyers and other people involved in cases in those jurisdictions essentially get …
Pennsylvania homeowners may be entitled to a reduction in their homeowners’ insurance premiums, thanks to The Mortgage Property Insurance Coverage Act that Gov. Rendell signed into law on July 4. The law, which was spurred by the trade association Insurance …
Producers might benefit from the $3.8 billion disaster fund that is part of the 2008 farm law. Farmers must have crop insurance to qualify for the program. We have all watched with utter dismay and compassion as Midwest storms and …
