Dec 20, 2010

Daily Headlines: Monday, December 20, 2010

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Insurance Journal Daily Headlines
December 20, 2010
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Today's Headlines

National

Property, Violent Crimes Decline in U.S. in First Half 2010: FBI

The nation experienced a 6.2 percent decrease in the number of violent crimes and a 2.8 percent decline in the number of property crimes...

2010 Insurance Entrepreneurial Award Winners Selected

When it comes to innovation Ace Private Risk Services, Work at Home Vintage Employees (WAHVE) and FirstBest Systems top the list, according...

Why Top Performing Agencies Focus on Compensation Expenses

There are a lot of performance benchmarks to focus on to become a top performing insurance agency and to achieve high profitability. One of...

Ironshore, BLIS Offering Medical Liability for Specialty Surgeons

Ironshore, Inc. has announced the creation of a specialty market program in partnership with BLIS, Inc to protect bariatric surgeons...

Lexington, National Equipment Register Fight Equipment Theft

Lexington Insurance Co., a Chartis company, announced an agreement with National Equipment Register (NER), which will help Lexington's...

From MyNewMarkets.com Seniors in Assisted Living Facilities Lack Personal Liabilty Insurance, New Product Fills Gap

Senior citizens have a lot to worry about but perhaps one of the most stressful worries they face is the loss of independence. For some...
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East

New York Says Village Endangered Workers Before Deaths

The state says a New York City suburb endangered two employees who suffocated in a manhole by not providing proper training or equipment....

Suspect Arrested After String of Fires in Virginia

Police say a suspect is in custody after a third fire in one week damaged a Super 8 motel in Virginia. Hanover fire Battalion Chief William...

Sledding Banned in 1 Pennsylvania Park, Restricted in Another

A western Pennsylvania town has banned sledding in a popular park and voted to lay out a sledding course in another. Beaver's borough...
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Midwest

Judge Orders Ex-Owners of Iowa Kosher Plant to Pay $2M

A federal judge has ordered members of the family that owned a kosher slaughterhouse in Iowa to pay more than $2 million after defaulting on...

Ohio Jobless Rate Drops for 8th Straight Month

State officials say for the first time in eight years Ohio's unemployment rate is not higher than the national one. The Ohio Department of...
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Southeast

Florida Case Is Next Test for Health Care Law

Attorneys for 20 states fighting the new federal health care law told a judge last week it will expand the government's powers in dangerous...

Deer Crashes on Rise in Alabama

Josh Dodd was traveling home last year, the same Alabama route he has taken countless times on Lauderdale 7, when a deer ran onto the...

Kentucky Builders, Insurer Partner in Workers' Compensation Program

A builders' association is teaming with Kentucky's largest workers' compensation insurer to offer a new workers' compensation program to its...
Texas / South Central

Appeals Court Rejects $21M Katrina Settlement

A federal appeals court has rejected a $21 million settlement of Hurricane Katrina damage claims that some residents had complained was...

Collapsed Arkansas Silo Not Checked for Safety in 19 Years

Federal safety regulators had not conducted an inspection in nearly 20 years at a southwest Arkansas grain silo that collapsed and killed a...

Lowder Joins Insurance Network of Texas

Chris Lowder has joined Giddings, Texas-based Insurance Network of Texas, as director of Marketing and Advertising. A sales and marketing...
West

Arthur J. Gallagher & Co. Acquires Aviation Insurance Holdings

Itasca, Ill.-based Arthur J. Gallagher & Co. has announced the acquisition of Aviation Insurance Holdings Inc., headquartered in Las...

Feds Reviewing Nev. State Asbestos Exposure Probe

The nation's workplace safety agency is scrutinizing how Nevada handled a 2007 investigation into remodeling at the Flamingo Las Vegas,...

Oregon Gov. Orders Agencies to Help Aumsville

Oregon Gov. Ted Kulongoski is ordering state agencies to help clean up the debris left by a rare tornado that tore through...

Farmers Group Names Dailey President, COO; CEO Woudstra Retiring in 2011

Farmers Group Inc., the Los Angeles-based company and unit of Zurich Financial Services Group, has appointed Jeff Dailey president and chief...
International

Snow, Ice Disrupt pre-Christmas Travel in Europe; Many Flights Cancelled

Europe saw little respite on Sunday from the Arctic conditions that closed airports and disrupted travel over the weekend before Christmas,...

Pension Trustees Wary of Bets on Death

Investment banks looking to profit as companies try to insure the risk they will pay pensions for longer have a struggle on their hands. The...

Honda Civics Top List of Canada's 10 Most Stolen Cars

The Insurance Bureau of Canada (IBC) recently released its annual list of the most frequently stolen vehicles, as follows: 1. 2000 Honda...

ACE Launches Operation in Dubai International Financial Centre

The ACE Group of insurance and reinsurance companies announced that it has been granted a license from the Dubai Financial Services...

AXA Appoints Droesch as CEO - Gulf Region

The French-based AXA Group has appointed Jérôme Droesch as CEO for the Gulf region. He was previously Regional CEO for the...
Sponsored Content

American Claims Management Announces New Business Relationship with Zurich

San Diego, CA, 12/20/10 - American Claims Management, Inc. (ACM) announced a new business relationship with Zurich American Insurance Group...
Insurance Journal Blogs

Planning to win in 2011

The end of 2010 is fast approaching, good luck, good health, and good fortune to all of you in 2011. Sales managers and principals; By now,...

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Insurance Journal TV

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5 Tips to Break the Holiday Sales Slump

The end of the year sometimes brings a sales slowdown to insurance agencies. Want help to bust...

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New Discussions in the Forums

Agency Management System
Posted: Sun Dec 19 -- I have to tell you.... Aspire Looks great but still far from it... The system is still to new to be charging the price of a Jaguar when they... popodad
Commercial vs Personal CPCU
Posted: Sun Dec 19 -- Commercial has more relevant information in general and is more beneficial. I am going commercial and the 553 is all about personal... mhw182
Help pls - need info about property & casualty companies
Posted: Sun Dec 19 -- Hi every one, I am from UK. i am a novice to this insurance industry, but want to learn about it and become a pro with this stuff. I am... Pavan.gaddam
WC & GL-Nevada
Posted: Fri Dec 17 -- Philadelphia might be an option for GL and I would check and see if Chartis is an option for the comp. GRCinCA
SIAA vs. Cluster?
Posted: Fri Dec 17 -- Any opinions on the glaring differences between SIAA, Networked and United Agencies? I am considering each for a startup independent in NV. NV Independent

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