Insured's Failure to Exhaust Administrative Remedies Bars Counterclaim in Premium Dispute

The Iowa Court of Appeals ruled that an insured’s failure to exhaust its administrative remedies prohibited it from asserting a counterclaim for unjust enrichment in a dispute over unpaid premiums. Case: LMI Insurance Corp. v. PPC Roofing LLC, No. 24-1830, 12/03/2025, published. Facts: PPC Roofing LLC is a limited liability company with a single member. It contracted with LMI Insurance Corp. for two consecutive, one-year term workers’ compensation insurance policies through the state’s assigned risk plan. In April 2022, LMI sent PPC an audit summary calculating an $18,893 ...