Sufficient funds are not available to meet the liabilities of the Second Injury Fund in Iowa, the Iowa Insurance Division reported.
As result, insurers and self-insured employers in Iowa are being assessed for $10 million. Notices were e-mailed from on Sept. 1; the assessment amount is due by Oct. 1, regulators said.
Source: Iowa Insurance Division
Topics Carriers
Was this article valuable?
Here are more articles you may enjoy.
Endless Shrimp Deal Was Scheme to Squeeze Red Lobster, Suit Says 
NAIC Victim of Cyber Incident Via PeopleSoft System 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
Intersecting Risks and the Future of Construction Insurance 
