Daily Headlines: Wednesday, March 30, 2011

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March 30, 2011 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Judge Limits NFL Offset for Players’ Workers’ Compensation Benefits A New York judge says the NFL must be limited in how much money it can recover when injured NFL players receive state workers' compensation ... Bank of America Wins Dismissal of Suits Over Merrill Lynch A Manhattan federal judge dismissed two lawsuits seeking to force Bank of America Corp. to sue former Merrill Lynch & Co. executives ... Last Chance: Find Out Who’s Worth What in Today’s Independent Agency Don't miss your opportunity to participate in Insurance Journal's 2011 Agency Salary Survey. Once again, the survey will ask insurance ... Insurer Rates 16 ‘Best Values’ in Autos USAA, an insurer for the military community, unveiled its first "Best Value" vehicle list that names the top 2011 automobiles in 16 ... Insurance Journal Nominated for Four Publishing Awards Insurance Journal magazine has been recognized for excellence in magazine publishing, receiving four nominations for Maggie Awards ... Elliot Named Commercial Markets Head for The Hartford The Hartford has named Douglas G. Elliot president of its commercial markets division. Elliot is currently president and chief executive ... K&K Hires New Staff for K-12 Student Accident Program K&K Insurance, a division of Aon Underwriting Managers and a managing general underwriter offering insurance products and services to ... EEHall, NIADA to Offer P&C Program to Independent Auto Dealers The National Independent Automobile Dealers Association (NIADA) has partnered with Edward E. Hall and Company (EEHall) to offer a ... Supreme Court Justices Question Major Class Action Against Wal-Mart Supreme Court justices sharply questioned Tuesday whether more than a million female employees can join together against Wal-Mart Stores ... Hartford Steam Boiler Addresses Farm Owners' EPL Exposures The current economy has led to an increase in employment practices liability claims for businesses of all description, not just commercial... More National News East Crackdown on Distracted Drivers Under Way in Connecticut Police in Connecticut  are bolstering patrols this week to look for distracted drivers as part of a federal pilot program. Lt. Gov. Nancy ... New York Sting Nets 13 Arrests for Workers’ Comp Fraud New York police arrested 13 people in a series of investigations targeting workers' compensation fraud around the Empire State. In ... Simanoff Joins Morstan General Agency Richard Simanoff has joined Manhasset, New York-based Morstan General Agency as senior broker. In his new role, Simanoff will expand ... More East News NEXT WEEK: Perpetual Pipeline - The 4 P's of Success Keeping a pipeline primed with viable prospects is a consistent challenge for most producers throughout their career. Join us for the one-hour live training and Q&A session online. Plus get the recordings so you can listen and review again later. Reserve your seat today! Midwest Judge in Kansas Upholds Ruling in Boeing Age Discrimination Suit A federal judge in Wichita, Kan., has refused to reconsider his earlier ruling siding with The Boeing Co. and Spirit AeroSystems in an age ... Rebello Joins Iroquois as Regional Manager for Illinois, Wisconsin Christian Rebello has joined Iroquois Group Great Lakes as the regional manager for Illinois and Wisconsin. Rebello comes to the Iroquois ... Michigan’s Accident Fund Unveils New Corporate Headquarters Workers' compensation carrier Accident Fund Holdings Inc. today unveiled its new national headquarters on the site of the former Lansing ... Whipps Named President of IMA's Kansas City Office IMA Inc., a retail insurance brokerage, announced that Michael Whipps has joined as president of the company's Kansas City, Kan., office. ... More Midwest News Southeast North Carolina Researchers Track Risk from Rising Sea Level Laid back beach communities, fragile wetlands perfect for canoeing or kayaking, and iconic lighthouses come to mind when picturing North ... Florida’s Top 10 Sinkhole-Prone Counties It's no secret that property/casualty insurers have been fielding more and more sinkhole claims in Florida and now online hazard mapping ... Conway to Manage Kentucky for Wells Fargo Insurance Wells Fargo Insurance Services USA Inc. has named Patrick Conway as managing director of its insurance operations in Kentucky. Working with ... More Southeast News South Central Louisiana to Receive $6.1M from AIG Settlement Louisiana has signed on to a multistate settlement over American International Group's (AIG) admitted practice of under reporting ... Oklahoma Governor Defends Support for Health Insurance Exchange Oklahoma Gov. Mary Fallin defended her efforts to create a health insurance exchange for uninsured Oklahoma residents, explaining if the ... Nationwide Insurance to Open New Facility in San Antonio Construction on Nationwide Insurance's new facility in San Antonio's Westover Hills is set to begin, following a tree planting ceremony ... Combined Agents Reports Commercial Premium Growth of 64% Over Decade Combined Agents of America, LLC (CAA), based in Austin, Texas, reported the group wrote more than $414 million in combined ... More South Central News West Zenith Offers Agribusiness Insurance In what appears to be its first foray into offering liability coverages, Zenith Insurance Co., a workers' compensation insurance ... Calif. Workers’ Comp Institute Elects Directors William Mudge, president and CEO of CompWest Insurance Co., has been elected chairman of the board of directors of the California Workers' ... Montana Senate Passes Workers’ Comp Reform Bill The Montana Senate has passed a workers' compensation reform bill that supporters claim will bring nearly $100 million in savings its first ... More West News International Report: Engineers Knew Tsunami Could Overwhelm Fukushima Plant Over the past two weeks, Japanese government officials and Tokyo Electric Power executives have repeatedly described the deadly combination ... Lloyd’s Annual Report: $3.5 Billion 2010 Profit; ‘Solid’ Says CEO Lloyd's of London announced an overall profit of £2.195 billion ($3.522 billion) for 2010, a significant decrease from the record ... Lloyd’s ‘Confident’ It Can Cope with Japan Claims The Lloyd's of London insurance market is confident it can deal easily with claims from Japan's earthquake even though natural disasters ... Cat Bond Investors Braced for Japan Disaster Hit The Japanese earthquake is set to be the first natural disaster that triggers a number of catastrophe bonds, surpassing Hurricane Katrina ... Best Puts Omega’s Ratings on Review/Negative; Syndicate 958 Unchanged A.M. Best Europe Rating Services Limited has placed the financial strength rating (FSR) of 'A-' (Excellent) and issuer credit rating ... More International News Sponsored Content American Claims Management Appointed TPA for Large Self-Insured Group San Diego, CA, 3/30/11 - American Claims Management, Inc. (ACM) has been appointed as the third party claims administrator for the ... More Sponsored Content Insurance Journal Blogs The ride to Capitol Hill Do you know what is going on in your state legislatively?  Are you aware how it impact's your agency or company's bottom line?  What ... More Blogs 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 Using a recorder for CPCU study Posted: Wed Mar 30 -- From time to time I see people asking for the best way to study a CPCU test. Although there are numerous ways one thing I've done (currently... BrianBaughman Agency Appointment/ Agent Certification Posted: Wed Mar 30 -- Running an agency or being an agent is not a free ride, there is so much involved and so much of an investment, it's not for amatures.... AgencyEquity Marketing Marketing Marketing Posted: Tue Mar 29 -- A large part of my success has come from direct mail. Post Cards on the Personal Lines Side and Letters to the commercial side. Also,... FFA cpcu woes Posted: Mon Mar 28 -- The fact that only 3-5% of those working in P&C get the designation will, in itself, make you a standout.If at all possible keep plugging... Dave Medvidofsky 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 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... 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