Iowa probes drought insurance overstatement by Federal Insurance
Iowa Insurance Commissioner William Hager schedules a July 25 hearing to determine if Federal Insurance Company misrepresented drought coverage sold to more than 1,500 Iowa farmers. Regulators in Minnesota Indiana and Illinois also investigate. If misrepresentation is found, refunds or doubled premiums may be required and the license could be suspended.
MENTIONED IN THIS ARTICLE
Ly Judy Daubenmier Gazette
Des Moines Bureau
DES Moines
Iowa
New Jersey
William Hager
Federal Insurance Company of
Warren, N.J
Minnesota
Indiana
Illinois
Hager
New York
Long Island
Pio-Gard
Pioneer Hi-Bred International Inc
Agribusiness Insurance
Hertz Farm Management
Nevada
Mount Vernon
Pioneer
Steve Daugherty
Chubb
Iowa Insurance Division
Drought relief bill slows in Congress amid amendments
Bipartisan drought relief plan of 5.5 billion dollars stalls as Senate and House agriculture committees flood with amendments. Leaders flag possible delay into August as regional Republicans express concerns over compensation, soybean yields, dairy support, and livestock feed eligibility amid renewed backroom talks. Both panels plan to resume negotiations today.
MENTIONED IN THIS ARTICLE
David Lynch
Washington
Reagan
House
Senate Agriculture Committees
Senate
David Pryor
D-Ark
Patrick Leahy
D-Vt
Leahy
Agriculture Committee
Agriculture
Richard Lyng
Lyng
North Dakota
Montana
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