Many Iowans Lack Insurance to Pay For Flood Damage (7/2/2008)

The Insurance Services Office (ISO) has estimated that 27,000 claims for damage from tornadoes and floods that have struck Iowa since May 25 caused $235 million in losses... Full Story

Voss Wants Meeting After SEC Proposes Reclassifying Indexed Annuities as Securities (7/2/2008)

Iowa Insurance Commissioner Susan Voss wants to talk with members of the U.S. Securities & Exchange Commission (SEC), following the SEC’s release of a draft proposal that would classify most indexed annuities as securities, rather than as insurance products... Full Story

Dodd, Shelby Tell Fed, SEC to Hold Off On Agreement to Share Oversight (7/2/2008)

Senate Banking Committee Chairman Chris Dodd (D-Conn.) and Ranking Member Richard Shelby (R-Ala.) have sent a letter to SEC Chairman Christopher Cox, Fed Chairman Ben Bernanke, and Treasury Department Secretary Henry Paulson, telling them to halt actions to share more oversight of investment banks... Full Story

Property Insurers Facing Rising Catastrophe Losses (7/2/2008)

According to the property claims services division of the Insurance Services Office (ISO), U.S. property insurers have received more than one million claims related to 15 weather related catastrophes since April 1 and paid a total of approximately $5.5 billion... Full Story

Floods Devastate Midwest (6/24/2008)

At least 24 people were killed and 35,000 were displaced from their homes as floods devastated areas along the Mississippi River in the Upper Midwest over the past two weeks... Full Story

Fifteen Years Later, Levees Still Not Up to Snuff (6/24/2008)

Fifteen years after large swaths of the Upper Midwest were devastated by record setting floods, many of the regions levees are still not up to snuff... Full Story

Faith in Levee System Leads Homeowners to Drop Flood Insurance (6/24/2008)

There are two separate issues that arise when flooding hits the Farmland in the Midwest... Full Story

Will Your Business Be Protected When Disaster Strikes? (6/24/2008)

The Federal Emergency Management Agency (FEMA) estimates that 40 percent of small businesses wouldn’t reopen after a disaster... Full Story

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