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Jim Armstrong, Heartland's special deputy rehabilitator, asked Iowa Insurance Division Deputy Commissioner Kim Cross in a Feb. 11 email if a law change could be effective "when she signs it," a ...
Diane Moore, a 75-year-old friend of Matson's since childhood who invested with Flaherty after Matson called him a genius money manager, alerted fraud investigators at the Iowa Insurance Division ...
Iowa consumer law expert says lawsuit without precedent. Bill Brauch, a retired attorney who served as director of the Iowa attorney general's consumer protection division from 1995 to 2015, said ...
Insurance fraud refers to any intentional act committed to deceive or mislead an insurance company during the application or claims process, or the wrongful denial of a legitimate claim by an insurance company. It occurs when a claimant knowingly attempts to obtain a benefit or advantage they are not entitled to receive, or when an insurer ...
The sun rises over 1963 Bell Ave, home of the Iowa Insurance Division, Thursday, Dec. 7, 2023.
Insurance bad faith is a tort [1] unique to the law of the United States (but with parallels elsewhere, particularly Canada) that an insurance company commits by violating the "implied covenant of good faith and fair dealing" which automatically exists by operation of law in every insurance contract.
The McCarran–Ferguson Act, 15 U.S.C. §§ 1011-1015, is a United States federal law that exempts the business of insurance from most federal regulation, including federal antitrust laws to a limited extent.
In the meantime, local, state and federal authorities — including Johnston police, the Iowa Insurance Division and the FBI — have declined repeatedly to discuss any criminal investigation with ...