Daily Headlines: Gov't Shutdown Effect on P/C Industry

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April 8, 2011 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Effect of Federal Government Shutdown on Insurance Industry If Congress fails to pass a budget for the rest of 2011 and the federal government temporarily shuts down, it should still be ... Medical Errors 10 Times More Frequent Than Reported, New Research Says Medical errors and other adverse events occur in one-third of hospital admissions, which is as much as 10 times more than some previous ... Preparing For The Hurdles Ahead Think of what happened in the neighborhood travel agency the first time an online travel Web site started doing business. Did those first ... Insurer Sues Celebrity Heiress Paris Hilton Over Missing Jewels Paris Hilton is holding $60,000 of jewelry that does not belong to her and should give it back, a new lawsuit contends. A German insurer, ... Academy Blog: How the Insured sees his house! Does this sound familiar? Comment on our blog. By-Peril Rating Plan Advances More Precise Homeowners Rating The pricing of homeowners insurance, traditionally a matter of averaging all risks, is becoming more precise and customized to the... More National News The Future of Insurance Production and Distribution The new insurance distribution system is not your daddy's distribution system. Did you know that 80% - 90% of all purchasing decisions START on the Internet? What does that mean for you and your business' future? Live training Thursday, April 14. Space is limited. Learn more and reserve your seat today! East Pennsylvania Nears Final Vote on Tort Reform Bill People who are awarded civil judgments against multiple parties would no longer be able to collect all of it from any single defendant ... Rhode Island Cliff Walk Lawsuit Continues Against State A New York man who became a quadriplegic after he fell from the Cliff Walk in Newport, Rhode Island on his honeymoon has settled with the ... Virginia House Overrides Veto of MedMal Cap By a lopsided margin, the Republican-ruled Virginia House of Delegates has rejected Republican Gov. Bob McDonnell's veto of a bill that ... More East News Midwest Texas Company Sued for Abuse of Iowa Workers A Texas company is accused of severely abusing and discriminating against 31 mentally disabled men who worked at an Iowa turkey processor, ... Report: Health Plans in Midwest Will Struggle with Medical Loss Ratio HealthLeaders-InterStudy, a provider of managed care market intelligence, reports that some health insurers in Illinois, Iowa, Kansas and ... Workers' Comp Costs per Claim Rise in Minnesota Workers' compensation costs per claim for injured workers in Minnesota have grown, but at a slower pace than other study states, ... More Midwest News Southeast West Virginia to Subsidize Volunteer Firefighters’ Workers’ Comp The doors of West Virginia volunteer fire departments will stay open thanks to a new law that will help offset their workers' ... ‘Katrina’ Federal Judge Senter of Mississippi Retiring U.S. District Judge L.T. Senter Jr., who presided over hundreds of Hurricane Katrina insurance cases, is retiring Friday. The Sun Herald ... PointeNorth Acquires 2 Georgia Agencies Atlanta-based PointeNorth Insurance Group has acquired two Georgia agencies. PointeNorth acquired Hodges & Associates, an ... Appalachian Underwriters Buys Reliance Administrators of South Carolina Tennessee-based wholesale insurance broker Appalachian Underwriters Inc. has obtained the assets of Reliance Administrators, Inc., a Rock ... Florida’s Patriot National Group Appoints Zamary Patriot National Insurance Group has appointed Robert Zamary as senior vice president of the newly formed Client Enterprise Services ... More Southeast News Unraveling the Mysteries Behind Excess and Umbrella Liability Insurance (2-Part Series) Learn how to prevent gaps in coverage between the excess and umbrella liability policy and the underlying liability insurance policies to minimize potential E&O exposures. Live training Wednesday, April 13 and April 20. Plus get the recordings so you don't miss anything! Space is limited. Learn more and reserve your seat today! South Central Texas’ February Enforcements Bring Nearly $1M in Fines, Restitution Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during February 2011 resulted in fines and ... O'Hare Joins Texas-based Medicus as Claims Director Medical professional liability insurance carrier, Austin, Texas-based Medicus Insurance, announced that James O'Hare as has joined the ... Louisiana Workers' Comp Corp.'s Financial Strength Rating Affirmed A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) of Louisiana Workers' Compensation Corporation (LWCC), ... More South Central News West California Jury Awards $4.5 Million for Malpractice A Burbank, Calif., jury has awarded a woman $4.5 million in a medical malpractice case she brought against a La Canada Flintridge physician ... Ascension Insurance Acquires California's Walter L. Clark & Associates Kansas City, Mo.-based Ascension Insurance Inc. announced it acquired Walter L. Clark & Associates Inc., headquartered in Fresno, ... New Mexico Regulator OKs Insurance Company Rate Request State Insurance Superintendent John Franchini has approved a double-digit rate increase for Blue Cross and Blue Shield of New Mexico. The ... More West News International UPDATE: U.N. Climate Change Agenda Agreed, Roadmap Set for 2011 Rich and poor nations overcame deep divisions on Friday to cut a deal that maps out U.N. climate negotiations for 2011, building on last ... News of the World Admits Phone Hacking Liability Rupert Murdoch's powerful British news operation reversed course on Friday and admitted responsibility in a phone hacking scandal that had ... Ghost of Cancun Haunts Bangkok Climate Talks The deep divisions apparently bridged by last December's climate deal in Cancun opened anew this week at U.N. talks in Bangkok, undermining ... Goldman Buys 12.02% Stake in China’s Taikang Life Goldman Sachs has bought a 12.02 percent stake worth more than $900 million in China's Taikang Life Insurance Co Ltd, giving the Wall ... UK Moratorium on Use of Genetic Testing Extended to 2017 Says ABI The Association of British Insurers (ABI) announced that the long-standing Concordat and Moratorium on Genetics, agreed with the Department ... Willis Acquires 22.5% Stake in So. Africa Benefits Provider Amabubesi Willis Europe BV, a division of Willis Group Holdings, announced the conclusion of a transaction whereby Willis South Africa has acquired ... ACE Covers Trustee Liability for UK Low Cost Pension Scheme The ACE European Group announced that it has been appointed with its partner OPDU (The Occupational Pensions Defence Union) to "provide and ... Munich Re in ‘First-time’ Guarantee of Solar Modules in France Munich Re announced that it has agreed to guarantee the performance of solar modules in France for the first time. The reinsurer will be ... 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 Attorney considering CPCU- thoughts? 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