Feb 1, 2011

Daily Headlines: Tuesday, February 1, 2011

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Insurance Journal Daily Headlines
February 1, 2011
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Study: Red Light Cameras Reduce Fatal Crashes

Red light cameras saved 159 lives between 2004 to 2008 in 14 of the biggest U.S. cities, a new analysis by the Insurance Institute for ...

AIG Completes Sale of Japanese Life Insurance Companies to Prudential

American International Group, Inc. (AIG) reported it has closed the sale of its Japan-based life insurance subsidiaries, AIG Star Life ...

Applied Systems Adds Data Protection, Email Verification Service

Insurance agents and brokers can now legally prove who e-mailed what to whom and when. Applied Systems TAMOnline and VisionOnline agency ...

Safety Checklist Eliminated Infections, Reduced Hospital Deaths

A Johns Hopkins-led safety checklist program that virtually eliminated bloodstream infections in hospital intensive-care units throughout ...

Federal Judge in Florida Rules Healthcare Law Must Be Voided

A federal judge in Florida struck down President Barack Obama's landmark healthcare overhaul as unconstitutional Monday in the biggest ...

From MyNewMarkets.com The Top Ten D&O Stories of 2010 - Conclusion

Below is the conclusion of the Top Ten D&O Stories of 2010: 7. Assessing Coverage for "Bump Up" Claims: As noted above, a significant...
The Surprising Importance of Employers Liability Protection
East

GreenWood International Partners with Cook & Co. for Injured on Duty Coverage in MA, R.I.

GreenWood International Insurance Services, Inc (GWI) is has chosen Cook & Company of Marshfield, Mass. to provide claim and ...

New York Agents Praise Regulators New Opinion on Bounced Check Fees

New York insurance agents are lauding a new legal opinion from state regulators that will allow producers to recover any money lost when ...

Poll: Growing Support to Legalize Gay Marriage in New York

A new poll shows support among New Yorkers for legalizing gay marriage is growing after years of hovering just over the 50-percent level. ...

In Future, Cars Might Decide if Driver is Drunk

An alcohol-detection prototype that uses automatic sensors to instantly gauge a driver's fitness to be on the road has the potential to ...
Midwest

Illinois Changes Procedure for Workers’ Comp Pro Se Settlement Contracts

The Illinois Workers' Compensation Commission announced that as of March 1, 2011, no case settlement contracts will be approved until the ...

Wisconsin Workers’ Comp Medical Costs Per Claim Increasing

The increased cost and more frequent use of medical care provided to injured workers in Wisconsin drove up the average medical payments per ...
Southeast

Admiral Insurance Names Jones as Vice President in Atlanta

Admiral Insurance Co.  has named Stephen Jones as its new vice president of professional liability in the insurer's Atlanta, Georgia ...
South Central

Louisiana Insurance Agent Arrested for Unfair Trade Practices

Troopers with the Lafayette Field Office of the Louisiana State Police Insurance Fraud Unit recently arrested a Ville Platte insurance ...

Dean & Draper Recognized for Employee Workplace Satisfaction

Houston-based Dean & Draper Insurance Agency LP, one of the largest independent insurance agencies in Texas, announced it recently ...
Sponsored today by: Texas Mutual Insurance Company. 'When a client receives a dividend, they see it as a reward for a job well done.'. Texas Mutual Insurance Company. Here for Texas, Here to Stay. Click here for more information.
West

George to Chair Insurance Institute for Highway Safety

AAA Northern California, Nevada and Utah announced that Steve George has been elected as the new chairman of the board of directors for the ...

Bell-Anderson Agency Names Tanta Shareholder

The board of directors of Kent, Wash.-based Bell-Anderson Agency Inc. has elevated Steven Tanta as the newest shareholder in the agency. ...

Liens Stress California Workers’ Comp System

Liens are "choking" California's workers' compensation system, with employers and insurers spending roughly $200 million per year on loss ...

Utah Bill Targets Construction Companies That Skirt Workers’ Comp

Utah Senate Bill 35 is going after construction companies, requiring them to pay workers' compensation and contribute to unemployment ...
International

Model Boasts Good Track Record Predicting Political Hotspots

The forecast for predicting the next political hotspots could be much more accurate because of a model developed by two Kansas State ...

Egypt’s Troubles Mean Companies Need to Reassess Risk, Says Marsh

The fallout from the ongoing events in Egypt – protestors have called for a million people to assemble in Cairo today – is affecting ...

Flood-ravaged Queensland Braces for Tropical Cyclone Yasi

 Just as TC Anthony dissipated over Queensland the flood ravaged State received a warning that another tropical cyclone is heading its ...

So. Korea Shipping Firm Re-routes Container Ships due to Egypt Unrest

South Korea's Hanjin Shipping was re-routing some of its container vessels due to the unrest in Egypt that has disrupted dry-dock ...

Queensland Hit by TC Anthony, Perth by TC Bianca – RMS Report

Tropical Cyclone Anthony made landfall over the coast of the Australian State of Queensland on Sunday, close to the town of Bowen, and ...

GCube Expands Solar Capacity to Half a Billion Dollars

London-based GCube Underwriting Limited, which specializes in insurance services for renewable energy technologies, announced that it has ...

AXA Acquires 80% Interest in B&B Insurance in Belarus

AXA Central & Eastern Europe announced the acquisition of 80 percent of B&B Insurance, the second largest insurer in Belarus, and ...

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How November Elections Changed Insurance Power in Washington

The November elections brought change to Washington as Republicans took control of the House...
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Medical Marijuana Retailer High on Insurance

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New Discussions in the Forums

Social Media and its potential
Posted: Tue Feb 1 -- I deem that the reason you don't feel the love is because that social media networking is not for everybody. I myself have not fully grown... aahorncole
Hiring agents and CSR's
Posted: Mon Jan 31 -- One avenue to explore for CSRs is a temp agency. No obligation to keep the employee and you may find a golden nugget, especially in this... kiswest
First American Specialty
Posted: Mon Jan 31 -- I think that one of the things that should be important to an agent is how well his clients are treated when they suffer a loss. Obviously... TheClaimsAdvocate

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