2020 Workers Compensation Rate Decrease
Iowa Insurance Commissioner Doug Ommen has approved NCCI’s August 30, 2019, worker’s compensation rate filing with an overall decrease of 3.0%. The rates will be effective January 1, 2020.
Category Archives: Hot Topics
Join The Insurance Industry And Become a Professional
It’s insurance careers month. Given that the industry is undergoing a substantial human sea change as some 400,000 baby boomers retire, it’s appropriate that we celebrate our industry. I’ve been reflecting on my decision to major in insurance as a sophomore in college. It was probably the best decision I’ve made in my entire life,… Read More »
Walton Insurance is Now Hiring
Walton Insurance is seeking applicants for two agency positions.
2018 set to be worst year in a decade for insurers
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 »
Seek an Insurance Agency Career
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 »
2019 Iowa Proposed Workers’ Compensation Rate(s) Reduction – overall 9.2%
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 »
California’s drivers revealed as the nation’s worst
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 »
Property Insurance Rates to Rise in 2018
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 »
Ammonium Nitrate Security Statutes and Regulations
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 »
U.S. Dept of Homeland Security Notice of Proposed Rulemaking: Secure Handling of Ammonium Nitrate
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 »