Daily Headlines: Friday, March 4, 2011

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March 4, 2011 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National House Votes to Repeal Healthcare Law’s 1099 Reporting Measure The U.S. House of Representatives voted Thursday to rescind an unpopular business tax reporting requirement in the year-old healthcare law, ... Judge Stays Healthcare Ruling, Gives White House Appeal Deadline A U.S. judge Thursday put on hold his ruling that President Barack Obama's healthcare overhaul was unconstitutional, allowing the White ... Republicans to Re-launch U.S. Flood Insurance Overhaul Draft legislation to overhaul the U.S. National Flood Insurance Program will be unveiled next week, said the Republican chairman of a ... Group Offers Lightning Protection Inspection Program The Missouri-based Lightning Protection Institute (LPI) is implementing an independent inspection program designed to perform on-site ... Preferred Concepts Launches Auto Industry Division Preferred Concepts, LLC, a national insurance program administrator, has established an automotive industry underwriting unit, SeaFire ... Aon Promotes Three in Technology Solutions Business Insurance broker Aon has promoted three execs within its technology solutions business, Aon eSolutions. Ritza Vaughn has been promoted to ... AIG Names Farber as Deputy CFO AIG has named Jeffrey M. Farber as senior vice president, deputy chief financial officer. Farber oversee AIG's controllership and ... Report: Illinois Insurance Regulator McRaith in Line to Head U.S. Insurance Office The Obama administration was expected soon to name an Illinois state insurance regulator to head the new Federal Insurance Office, said ... Endorsement from Monitor Liability Managers Addresses Social Media Exposures A new endorsement from Monitor Liability Managers helps small to medium-sized businesses protect themselves against employment liability... More National News East Liberty Mutual Hiring 100 for Boston IT Center Insurer Liberty Mutual says it will hire 100 new employees in connection with the launch of a new Information Technology Development Center ... USI Acquires Amerisc Insurance broker USI Insurance Services has acquired The Amerisc Corp., Atlynx Surety Brokers and its principal affiliates. Amerisc, based ... Turner Joins XL as Product Recall Manager Insurer XL has added John Turner as Product Recall Manager for North America. Turner, based in New York, has more than 20 years of ... Aon Adds Three Execs in Tri-State Region Aon Risk Solutions added three new execs to its Greater New York business development team. Sonia Pollock and Michael D. Lezynski join Aon ... More East News Is 'No-Fault' the Best Answer Often referred to as "No Fault" coverage, Personal Injury Protection coverage (PIP), provides valuable benefits to insureds. Learn the "ins and outs" of this coverage in this two-part class. Sign Up Today Midwest Illinois Governor Still Backs Obama’s Health Insurance Law Illinois has forged ahead with implementing the nation's new health care law with support from its Democratic governor. Just back from a ... Judge Denies Class Action Status in South Dakota Med Mal Lawsuit A federal judge has refused to expand a lawsuit beyond the seven people who are suing a South Dakota urology clinic and its owners. The ... Missouri Senate Endorses Change in Workplace Bias Law Legislation revising parts of Missouri's laws on workplace discrimination is moving through the state Senate. The chamber gave first-round ... More Midwest News Southeast Mississippi Governor Urges Court to Uphold Damages Cap Gov. Haley Barbour has asked the Mississippi Supreme Court to uphold the constitutionality of a state law that limits non-economic damages ... North Carolina Senate Approves Cap on Malpractice Awards Limits on medical liability lawsuits, including a cap on certain jury awards, cleared the North Carolina state Senate this week in ... West Virginia Backs Workers’ Compensation for Volunteer Firefighters West Virginia lawmakers appear willing to help the state's volunteer fire departments with their workers' compensation expenses. The House ... Democrat Fondren to Challenge Chaney in Mississippi Insurance Race Incumbent Mississippi Insurance Commissioner Mike Chaney, a Republican, will face opposition in his bid for re-election. Louis Fondren, a ... Mississippi Passes Bill to Speed Workers’ Compensation Appeals The Mississippi Senate has passed a bill making it easier to appeal a decision of the state Workers' Compensation Commission. Currently, an ... More Southeast News South Central Home Repairs Start on Defective Chinese Drywall in Louisiana Repairs are beginning in Louisiana on the first home that contains defective drywall made by a major manufacturer. The home to be repaired ... Oklahoma House Committee Approves Texting Ban Texting would be banned in school zones and for motorists under the age of 18 under legislation approved by an Oklahoma House committee. ... More South Central News West Local California Fire Chief Unaware of Gas Line Before Explosion Until a deadly explosion south of San Francisco last year, local firefighters had no idea there was a large gas transmission pipeline ... Colorado's Pinnacol Assurance CEO Stripped of 2010 Bonus The board of insurance company Pinnacol Assurance has voted to strip CEO Kenneth Ross of his bonus for 2010. The Denver Post reports the ... Kortebein Joins Fireman's Fund Insurance as SVP, Chief Actuary California-based Fireman's Fund Insurance Co. reported that Christian Kortebein has joined the company as senior vice president and chief ... Bill Would Increase Minimum Car Insurance in Nevada Legislators says a bill that would increase the minimum vehicle liability insurance may be a good idea, but some fear it would be onerous ... MOC Insurance Services Promotes Two MOC Insurance Services has promoted Carmina Angka to senior vice president and Paul Perlite to vice president. Angka joined MOC in 1995. ... Heck Joins Bolton & Co. Bolton & Co. announced that Allyn Heck has joined th firm as senior account executive in the Employee Benefits Division. Heck brings 18 ... More West News International London Ship Insurers Add Libya to ‘High-risk’ List London's marine insurance market has added Libya to a list of areas deemed high risk as violence escalates in Africa's third-largest oil ... Aon Benfield’s Cat Report Highlights NZ Quake, Cyclone Yasi Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp., has released the latest edition of its Monthly Cat ... Berkshire Hathaway Enters India Insurance Market Billionaire Warren Buffett's Berkshire Hathaway is entering the Indian insurance market as a corporate agent for Bajaj Allianz, the ... Markel International Expands in Spain with Barcelona Office Markel International España, the Spanish operation of the specialist insurer Markel International, has opened an office in Barcelona to ... Best Places New Zealand’s Civic Assurance Ratings under Review A.M. Best Co. has placed under review with negative implications the financial strength rating of 'A' (Excellent) and issuer credit rating ... Ratings Recap: Risk Re, Argus A.M. Best Co. has affirmed the financial strength rating of 'A+' (Superior) and issuer credit rating of "aa-" of� Cayman ... More International News Sponsored Content The e-Marketing Minute is a bi-weekly video series designed to help insurance agents learn how to grow their agency utilizing the Internet. Check it out. More Sponsored Content Insurance Journal Blogs Best Practices – Workflows A workflow consists of a sequence of connected steps. It is a depiction of a sequence of operations, declared as work of a person, a group ... More Blogs Join the Insurance Journal Network Insurance Journal TV Will Deficit Debate Affect Flood Insurance? Taxes? Following the November elections, Congress and the White House, as well as states, have... Watch Now How November Elections Changed Insurance Power in Washington The November elections brought change to Washington as Republicans took control of the House... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Diminishing Role of the Agent for P&C Insurance Posted: Fri Mar 4 -- ^^^How does the above contribute to the discussion? Is this forum moderated?? Otto ottonsure IA agent in Laredo TX? Posted: Thu Mar 3 -- Call the National Alliance and they should have a couple of names for you. Commercial Producer Compensation Posted: Thu Mar 3 -- Hello, CIC is the way to go. I still have my books here at my desk for reference. Check out their website and listen to a couple of the free... Rob Weidert Vacant Homes Posted: Thu Mar 3 -- Hello, I was wondering if anyone knew of a company I can use to place vacant homes with. I tried one company but their premiums seem to be... AgentMe Becoming a Commercial Producer Questions Posted: Thu Mar 3 -- I would strongly encourage you to take on the CIC courses. In Oklahoma there are a fair number that are held each year so that your... Croberts24 "Pay As You Go" Work Comp Posted: Thu Mar 3 -- We write a lot of business with our several PAYGO markets for our retail agents nationwide. One of the best aspects of our PAYGO programs is... themaplewoodgroup PA Dog Liability to meet State Requirements Posted: Thu Mar 3 -- I don't know if Farmers Insurance is in PA but they don't exclude dogs on their new policies. Gardia Commercial Motorcycle Insurance in NY Posted: Thu Mar 3 -- I have had luck in the past with they will write... Gardia Work Comp for Tree Trimming Oregon Posted: Thu Mar 3 -- Hi everyone, Does anyone know of a general agency or way to access work comp for a client that pays less than $7,000 for 0106 tree trimming... 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