This year is shaping up to be one of the worst in terms of catastrophe losses the insurance industry has ever incurred, as data for the third quarter of 2018 paints a grim picture. During Q3 2018, the US was beset by the destructive Hurricanes Florence and Michael, which together caused more than $31 billion… Read More »
Whether you are relatively new to the insurance industry or are just looking for a change, we hope you consider employment on the agency side of our industry. The opportunities for personal growth and career advancement are great today for those individuals who are motivated to succeed. When we have a job opening, the description… Read More »
Pursuant to Iowa Code section 515A.6(7), notice is hereby given that the National Council on Compensation Insurance, Inc. has made a rate filing which affects the premium rates for workers’ compensation insurance. The rate filing proposes an overall decrease in voluntary and assigned risk rates of 9.2% from the current rates that became effective January 1, 2018.… Read More »
A mix of rising drunk driving incidents, distracted driving, and gridlocked highways has given California the dubious honor of hosting the nation’s worst drivers. Previously in second place, the Golden State now ranks first in the annual study on bad drivers by online insurance marketplace website QuoteWizard, which described the state’s drivers as “firmly the… Read More »
North American commercial property insurance rates could see a spike in 2018 for properties that suffered catastrophe property losses in 2017; this according to a report by Willis Towers Watson [WTS], a leading global insurance advisor, broker and solutions company. The commercial property insurance market has been soft for the last several years – due… Read More »
Section 563 of the 2008 Consolidated Appropriations Act, Subtitle J, Secure Handling of Ammonium Nitrate (“Section 563”), Public Law 110–161 (PDF, 614 pages – 1.7 MB), amends the Homeland Security Act of 2002. The amendment requires the Department to “regulate the sale and transfer of ammonium nitrate by an ammonium nitrate facility … to prevent… Read More »
This Advance Notice of Proposed Rulemaking (ANPRM) seeks comment on a recent amendment to the Homeland Security Act entitled the Secure Handling of Ammonium Nitrate. The amendment requires the Department of Homeland Security (DHS or Department) to ‘‘regulate the sale and transfer of ammonium nitrate by an ammonium nitrate facility to prevent the misappropriation or use… Read More »
On October 9, 2013, the Occupational Safety and Health Administration (OSHA) cited the Adair Grain Company (dba West Fertilizer Company) following the April 17, 2013, explosion that killed 15. The citations included violations related to hazards associated with improper storage of ammonium nitrate under 29 CFR 1910.109(i). This memorandum provides investigatory and citation guidance to… Read More »
NFPA 490 was developed by the Technical Committee on Storage, Handling, and Transportation of Hazardous Chemicals and was tentatively adopted by the Association in 1963. It was further amended and again tentatively adopted in 1964. After further revision, it was officially adopted in 1965. Amendments to NFPA 490 were adopted in 1967, 1969, and 1970.… Read More »
Iowa farmers must follow all laws and rules regarding secondary containment, loading and unloading of liquid and non-liquid bulk fertilizers and placement restrictions of Anhydrous Ammonia storage locations. As a result, the following regulations apply: Bulk Dry Fertilizers Fertilizers can be offloaded directly onto the applicator in the field of application, Bulk dry fertilizers must… Read More »