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June 2013

Insurance exchanges largely a mystery

DES MOINES — State officials say they’re on track to open Iowa’s health care exchange in three months and start enrolling the first wave of Iowa’s estimated 300,000 uninsured residents in new health plans. But in the lead up to today’s deadline for companies to submit policy proposals to the state insurance commissioner, it was

Insurance commissioner urges companies to adjust to extreme weather

PASADENA – Rather than adjust to the extreme effects of climate change, many insurance companies are simply not insuring properties in low-lying coastal zones due to the threat of flooding and are canceling policies of homeowners living near hillsides that may catch fire, said insurance and government experts Friday.

Insurance agent charged with fraud

Boca Raton insurance agent used his client’s insurance payments to pay his own bills Deputies say insurance agent Kenneth Sachs had a problem: He needed $15,000 a month for expenses. And they say he solved it by ripping off his clients.