Articles Tagged: Iowa Insurance Division

Iowa’s largest health insurer says the Insurance Division’s order to implement Senate File 383 would unfairly raise drug costs and contradict a federal court ruling blocking key provisions of the law.

Also, State Treasurer Roby Smith says state’s Pooled Money Fund has surpassed $1 billion in total earnings since he took office.

Also, Iowa judge fines Pennsylvania insurer $481,500 for misleading seniors.

The judge’s order on Iowa’s new pharmacy benefit managers regulations, which partially halts its implementation, applies only to plaintiff businesses, their workers and health care agents.

Iowa’s seasonally adjusted unemployment rate rose slightly to 3.7 percent, up from 3.6 percent in May.

The groups claim the new state law would increase businesses’ health care costs by millions of dollars, and that it violates existing federal law and businesses’ free speech

Two Iowa City residents were charged Wednesday with misusing more than $500,000 that belonged to an elderly family member, for whom one of the individuals was caregiver.

Also, Iowa Insurance Commissioner named receiver of real estate companies that defrauded investors

Iowa Gov. Kim Reynolds and state agency leaders provided updates on government efforts to assist Iowans whose homes have been damaged by or last to natural disasters over the past few months.

Iowa homeowners are losing their coverage as some insurance companies have pulled out of Iowa. As climate change produces more extreme weather, insurers are losing money on the claims that result from the more frequent hail, windstorms, tornadoes and derechos.

But the state’s insurance commissioner worries the plans are becoming increasingly reliant on subsidies to remain affordable

Iowans are advised to be aware of deadline for filing insurance claims for damage caused by Aug. 10, 2020, derecho and to be in contact with insurers if extensions are needed.