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.
AI for the Defense: Should Insurers or Law Firms Pay?
Chubb Q1 Net Income Increases 74% on Fewer Catastrophe Losses
How Niche Insurance Shielded Bad Bunny From Bad Weather
Business Interruption Claims Arising From the Middle East Conflict 

