Mar 28, 2011

Daily Headlines: Monday, March 28, 2011

Advertisement
Insurance Journal Daily Headlines
March 28, 2011
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Federal Government Lifts Cargo Insurance Requirement for Truckers

The federal government is no longer requiring that about 76,000 of the nation's for-hire truckers carry cargo liability insurance. Over ...

Employers Rewarded for Insuring Early Retirees Under Healthcare Reform

When President Barack Obama signed his healthcare overhaul into law a year ago, some U.S. companies were quick to flag -- and write down -- ...

CNA Launches Customized Product for Community Banks

In April, CNA will join other members of the Independent Community Bankers of America (ICBA) to celebrate Community Banking Month with the ...

From MyNewMarkets.com Insurers Make Changes to Dog Owner Liability

The insurance industry is going to the dogs, literally. Since December, Progressive, Chubb and The Hartford have all updated their coverage...
Sponsored by: Maritime Program Group. Join the Revolution in Maritime Insurance. Recreational Marine, Inland Marine, Ocean Marine, Private Clients Services. Click for more info.
East

Connecticut Lawmakers Approve Local Lawsuit Protection Bill

A proposal to protect Connecticut cities and towns from lawsuits over injuries on lands owned by municipal authorities has passed a key ...

New Jersey, Home to Oldest U.S. Nuke Plant, Reviewing Safety

New Jersey, the most densely populated state and home to the nation's oldest nuclear power plant, created a task force Friday to review ...

NYC Marks 100th Anniversary of Deadly Factory Fire

Hundreds of people gathered Friday in Manhattan's Greenwich Village neighborhood to mark the 100th anniversary of the Triangle Shirtwaist ...
New training this week from Academy of Insurance: What Your Agency Must Do to Avoid E&O from Certificates of Insurance
Midwest

Michigan Catastrophic Auto Insurance Fee to Rise 1.3%

Michigan auto insurance policyholders will pay an additional $1.91 starting July 1 to help pay the lifetime medical expenses of people ...

Good News for Midwest Farmers on Crop Insurance

There were some weary insurance agents in the region March 16. There were plenty of farmers with better-than-usual crop insurance coverage, ...

Minneapolis' Snow-Damaged Metrodome About to Get New Roof

Insurance is paying for the bulk of the cost of replacing the roof of the 29-year old Hubert H. Humphrey Metrodome in Minneapolis, Minn. ...
Southeast

Florida Insurance Office Announces Staff Changes

Florida Insurance Commissioner Kevin McCarty announced several staff changes at the Office of Insurance Regulation (OIR). Al Willis has ...

Tennessee Gov. Haslam Offers Compromise on Damages Cap

Tennessee Gov. Bill Haslam has offered a compromise on his proposal to limit lawsuit damages, drafting a change to the bill that would ...

Florida Hears First Community’s Home Rates; OKs Dwelling Increase

Florida regulators held a public hearing last week to consider the First Community Insurance Co.'s request to raise its homeowner rates a ...
South Central

Hallmark Financial Services Acquires Texas Builders Insurance

Hallmark Financial Services Inc., headquartered in Fort Worth, Texas, announced that its subsidiary, American Hallmark Insurance Co. of ...

Louisiana Sees Big Over-the-Year Increase in Nonfarm Jobs

A gain of 3,000 construction jobs from January to February contributed to the largest over-the-year gain in seasonally adjusted nonfarm ...
West

Montana Bill to Deny Workers’ Comp to Illegal Aliens Stalls in Senate Committee

A bill that would deny workers' compensation to illegal immigrants who have jobs in Montana was tabled by a Senate committee after ...

New Mexico Wrecking Companies Alerted to Potential Fraud

Tbe New Mexico Public Regulation Commission's Transportation Division has put wrecker/towing companies on notice that it will strictly ...

MarketScout Names Muston a Senior Broker in San Diego

MarketScout Wholesale LLC  has expanded in San Diego with the addition of Tere Muston as senior broker. Muston joins MSW with 23 years of ...

Arizona Regulator Selected for International Supervisory Forum

The National Association of Insurance Commissioners (NAIC) announced that Steve Ferguson, assistant director of the Arizona Financial ...
International

Japan Reinsurance Prices Should Rise 50%: Analyst

Risk modeling company AIR Worldwide tightened its estimate for insured losses from the Japan earthquake and tsunami, as one analyst said ...

IFRIMA Joins Call for Brazil to Rollback Insurance Law Changes

The International Federation of Risk and Insurance Management Associations (IFRIMA) has called for Brazil to reconsider two legislative ...

Chartis Receives High Response for Fuji Fire Share Offer

Chartis, the general insurance subsidiary of American International Group, has announced the results of its cash tender offer by its wholly ...

Liberty Mutual Brazil Syndicates Expand Presence

Liberty Mutual first established a Syndicate presence in Brazil in 2009, when it set up operations for its Lloyd's syndicates in Sao Paolo ...

S&P Puts Montana Re Cat Bonds on CreditWatch Negative after Japan Quake

Standard & Poor's Ratings Services has placed its 'B- (sf)' rating on Montana Re Ltd.'s Class E notes on CreditWatch with negative ...

Ironshore Canada Launches Specialty Casualty Division

Ironshore Canada Ltd. created a specialty casualty division to underwrite insurance coverages for general liability, as well as umbrella ...

Join the Insurance Journal Network

Twitter Facebook LinkedIn


Insurance Journal TV

Video thumbnail

Soft Market Is Finally Ending, Really, Says SNL Financial

Could the long soft market really be over? Several recent reports concluded it is not over....
Video thumbnail

Will Deficit Debate Affect Flood Insurance? Taxes?

Following the November elections, Congress and the White House, as well as states, have...

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

adp peo
Posted: Fri Mar 25 -- If the client has an x-mod, then that means they're what's known as a "Rule IV" client (at least in California). That is, they have to... Big Dog
cpcu woes
Posted: Fri Mar 25 -- The best way to think of the CPCU is an investment in knowledge and your career. When you invest time in your knowledge, you are never... AlstonCPCU
Agency Appointment/ Agent Certification
Posted: Fri Mar 25 -- Probably much easier for you to get your agent's license and then negotiate with an agency with a contract with the placing company to pay... gforaker
Open your doors and look what comes in...
Posted: Fri Mar 25 -- D, I feel your pain! I had a similar situation with a potential client a few years ago that manufactured & distributed beauty products that... bclawhorn
What is your broker of record policy?
Posted: Fri Mar 25 -- Dear Earlybird, You bring up an interesting point. And just to be clear, I have no false hope that this practice will ever change because... RKunz2
Commercial Auto in CA
Posted: Thu Mar 24 -- "I'm looking for a commercial auto market in CA with competetive rates. Currently with Infinity and their rates... RKunz2

Current Issue

Current Issue
HOT New Markets & Programs, High Risk Property, Corporate Profiles, 2010 Mergers & Acquisitions Summary Report

More Newsletters

Choose Newsletters
Enter Your E-mail

How to Advertise

For information about advertising on this newsletter and Insurance Journal magazines, contact Julie Tinney at (800) 897-9965 x148.
View our Media Kit for advertising options in our magazines and online properties.
Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2011 by Wells Publishing, Inc.

No comments:

Post a Comment