Daily Headlines: Tuesday, March 22, 2011

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March 22, 2011 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National No Need to Remove Wiring in Homes with Problem Drywall: U.S. Officials Federal safety officials have stopped recommending removal of all electrical wiring in homes with problem drywall, a change in the safety ... State Farm Sponsors ‘Stay-in-School’ Campaign with Heat’s James LeBron James studies statistics all the time. One in particular is jumping out at him these days. And it has nothing to do with basketball. ... Starr Marine Names New Commercial Inland Marine Product Line Manager Starr Marine Agency, Inc., a member of Starr Companies, announced that Christine Santiago has joined Starr Marine as Commercial Inland ... R.V. Nuccio Launches Website Dedicated to Wedding Insurance R.V. Nuccio and Associates has launched Wedsure.com - a new wedding insurance product website. Wedsure.com introduces new areas such as ... Majestic Capital Terminates Merger Agreement with Bayside Capital Bermuda-based Majestic Capital Ltd. announced that Bayside Capital Partners LLC  has terminated the previously announced merger agreement ... Tech Risks to Watch in 2011 The constant innovation indigenous to the technology industry may make the idea of risk management seem difficult and sometimes impossible.... More National News East Maryland Weighs Prohibition on Insurers’ Use of Credit Scores Maryland lawmakers are weighing whether to prohibit insurers from using credit scores to underwrite auto policies a move insurers say ... Connecticut Woman Tests State Workers’ Comp Laws The fiance of a victim of last August's shooting rampage at a beer distributorship in Manchester, Connecticut is putting the state's ... Vermont Lawmakers Ask for Study on Medical Malpractice Vermont lawmakers may ask the Shumlin administration to produce recommendations for reforming the medical malpractice system in the state ... Virginia’s CSE Agency Joins Keystone Pennsylvania-based Keystone Insurers Group said it has added CSE Agency Inc. and CSE Financial Services Inc., of Virginia, as a franchise ... More East News Registrations are now open: Almost Everything You Need to Know About Owner-Controlled Insurance Programs Do you know how such programs affect your insured? Join us for the two-part live training series online. Plus get the recordings so you can listen and review again later. Reserve your seat today! Midwest Wisconsin Plant Hit by 2009 Blaze Gives Fire Department $50,000 A Milwaukee-area meatpacking plant that was hit hard by a 2009 fire is donating $50,000 to local firefighters for their "heroic efforts" in ... Kansas Workplace Injuries Drop by 12% in 2009 Kansas labor officials say nonfatal workplace injuries in Kansas fell by 12 percent in 2009, the most recent year the statistics are ... Lawsuit: Failing Missouri Schools Should Pay for Transfers Missouri lawmakers are trying to prevent an influx of students transferring out of failing schools after the state Supreme Court partially ... More Midwest News Southeast Feds, Shareholders at Odds Over West Virginia Mine Blast Documents Federal prosecutors want to block Massey Energy Co. shareholders from reviewing documents gathered during civil and criminal investigations ... Texas Broker Bowen, Miclette & Britt Acquires Florida Agency Texas-based insurance broker Bowen, Miclette & Britt Inc. has expanded into the Florida market though the acquisition of Huckleberry ... Tennessee High School Cheeerleading Squad Charged with Gender Bias A judge in Maury County, Tenn. has issued a restraining order stopping the selection of a cheerleading squad at Columbia Central High ... More Southeast News South Central Bills Filed in Texas Aimed at Increasing Insurance Policy Transparency Two pieces of legislation recently filed in Texas would require insurance companies to provide customers with more complete information on ... Texas Wind Pool Reminds Agents of Switch to Direct Deposit Commissions Texas agents who sell policies for the Texas wind insurance pool need to provide banking data to the association in order to begin ... Texas Lawmakers Roll Out Plans to Reform Wind Pool Two lawmakers have introduced separate but similar bills aimed at reforming the troubled state-backed wind risk insurer for property along ... More South Central News West Commentary: 100 Percent PD Award Encourages Discrimination Bradford & Barthel has filed a Petition for Review with the California Supreme Court questioning whether the Workers' Compensation ... Insurer Responds to Lawsuit Over Colo. Bomb Threat An insurance company is asking a judge to dismiss a lawsuit filed by an Aspen restaurant seeking compensation for business it lost after a ... More West News International BIBA Calls for Realistic Regulation of UK Brokers The British Insurance Brokers' Association (BIBA) released the key findings of its Future of Regulation research on Monday March 21 at a ... Japan Disaster Shows up Flaws in ‘Just-in-time’ Production Just over a week after the massive earthquake hit the sprawling Texas Instruments chip plant here, a gardener is reworking the Japanese ... Euler Hermes, China Pacific Team up to offer Trade Credit Euler Hermes, the trade credit insurer of the Allianz Group, and China Pacific Insurance (Group) Co., Ltd. (CPIC Group), one of China's ... AXIS Estimates NZ Quake, Aus. Flood Losses at $275 to $315 Million AXIS Capital Holdings Limited has issued a bulletin which estimates that the "total net impact of the New Zealand earthquake and loss ... EU Prods China to Relax Restrictive Bank Ownership Rules The European Union is pressing China to relax restrictions on foreign ownership of its banks in order to gain wider access to the Chinese ... More International News Join the Insurance Journal Network Insurance Journal TV 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.... Watch Now Will Deficit Debate Affect Flood Insurance? Taxes? Following the November elections, Congress and the White House, as well as states, have... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums What is your broker of record policy? Posted: Mon Mar 21 -- This recently became a pet peeve of mine. I have a certain competitor who misuses BOR letters as a way of controlling the marketplace. When... bond girl Open your doors and look what comes in... Posted: Mon Mar 21 -- Well, at least for me, my search engine optimization is working...last week an unsolicited quote request arrived via email. The initial... d's insurance store "Pay As You Go" Work Comp Posted: Mon Mar 21 -- We have been offering a Pay As You Go approach - PMC PayGo, for nearly 2 yrs. It is avaialble/approved with 3 National Carriers and growing.... dmalloy Speed boat/Texas Posted: Fri Mar 18 -- Dear BobbyCounts, To the best of my knowledge, the Progressives and Foremosts of the world are not going to insure a boat with near 100 mph... RKunz2 FSC Pipeline anyone? Posted: Fri Mar 18 -- I have to 2nd Russman's plug. I've known Paul for a long time....since his Applied days. Quality individual. I know the development staff at... choicenotchance Commercial Auto Posted: Thu Mar 17 -- Anyone aware of an underwriting facility, writing standalone commercial auto accounts that deals with wholesalers. Thinking as respects FL... 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