Authors: Ross Larsen, Jan-Henrik Förster and Katherine Chiglinsky | December 21, 2015 | Zurich Insurance Group AG agreed to buy a Wells Fargo & Co. crop-insurance business for as much as $1.05 billion as the Swiss company puts to work excess cash left over from a separate takeover bid that it abandoned this year. The… Read More: U.S. crop insurance attracts new investors »
Editorial [comments]: Bob Walton | December 18, 2015 | So, after you filed an insurance claim, your homeowner’s policy was non-renewed, and you couldn’t find another company to insure you for a reasonable premium. Or, perhaps, your automobile insurance premium was raised because you filed for bankruptcy. Is this possible? Yes, it is quite possible, say the writers at… Read More: What you don’t know about CLUE can harm you! »
The court judgment in Iowa’s Stark Construction vs. Lauterwasser litigation is certainly having an impact on Iowa Workers’ Compensation (WC) premium audit procedures. This company’s pre-audit notification letter only surrounds the correct Iowa audit practices with confusion. Though it cannot be used by the reader as a template for Iowa WC premium audits, it can be… Read More: Confusing Iowa Workers’ Compensation Insurance Premium Audits »
Important Upcoming Dates • December 10th; End of the Insurance Period • December 15th: Last day to report a revenue loss • December 18th: Rain and Hail will release incomplete Express Claims • December 23rd: last day Rain and Hail will print in the 2015 calendar year (See attached December Update for details) Production Reporting… Read More: Rain & Hail Insurance, Year-end 2015 Crop Insurance Reminders »
If you are looking for Iowa workers compensation class codes and rates, here is a good site. Iowa Workers’ Compensation is governed by the National Council on Compensation Insurance, NCCI, the governing authority for workers compensation classifications in most states. Iowa Workers’ Compensation Class Codes
The Iowa Insurance Division has approved a 2.7% overall increase in the voluntary and the assigned risk workers’ compensation rates for Iowa effective January 1, 2016. Iowa 2016 Workers’ Compensation 2.7% Rate Increase Approved
Stark Construction vs John Lauterwasser
Author: Trenton Rapp, Premium Audit Manager, Markel-FirstComp | Rates play a key role in our daily lives. Whether it‘s the price of gas, a watermelon at the grocery store, or a ticket to a movie, rates impact us daily. Your workers’ compensation policy is no different. You have various options in the marketplace to decide how… Read More: Premium Audits: Understanding Workers’ Compensation »
Author: Walton staff – June 15, 2015 | On April 17, 2015, Iowa Governor Terry Branstad signed into law legislation “relating to certain persons who are excluded from coverage under the workers’ compensation law of this state,” effective July 1, 2015. For the first time it impacts a proprietor, limited liability company member, limited liability partner or a partner… Read More: Revised Iowa Workers’ Compensation Law Regarding Proprietors, LLC Members, LL… »
Author: Bob Walton | The new (revised) Iowa workers’ compensation law does not specify responsibility for notifying Iowa business owners of its existence. At the Walton Agency, it is our opinion the Iowa Workers’ Compensation Division, as the governing body, should have been made totally responsible for notification, a flaw that must be rectified as… Read More: Business notification flaw in the revised Iowa workers’ compensation law »