Daily Headlines: Monday, April 4, 2011

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April 4, 2011 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Technology to Prevent Bus Accidents Exists But Isn’t Implemented The technology exists to prevent many bus crashes and to make it more likely passengers will survive those that do occur, but government ... Flood Insurance Reform Bill Due This Week A key House subcommittee plans to mark up its final version of legislation to reauthorize and reform the federal flood insurance program ... ‘Old GM’ Carved into 4 Trusts for Claims The company known as "Old GM" exited Chapter 11 bankruptcy last week and was carved into four trusts, marking the close of one of the ... No Raise for AIG Chief Benmosche, Others at Bailed Out Firms Compensation packages for the chief executives of bailed-out firms American International Group, Ally Financial and General Motors will not ... K&B Underwriters Enhance, Rebrand Senior Living Program K&B Underwriters, LLC, an insurance program administrator, has enhanced its senior living program and rebranded the program as ... Happy 100th Birthday Workers' Compensation: The Great Tradeoff! Happy 100th Birthday Workers' Compensation: Now What ? This year marks the 100th anniversary of the workers' compensation system in the U.S.... More National News Perpetual Pipeline - The 4 P's of Success In this webinar we will explore the psychology that prevents you from asking for introductions. You'll learn to graduate from asking for the lowest level of introduction to the highest. Live training Wednesday, April 6. Plus get the recordings so you don't miss anything! Reserve your seat today East Rhode Island Bakery Linked to 56 Salmonella Cases Fifty-six people have fallen ill with suspected cases of salmonella amid an outbreak that may be linked to a Rhode Island bakery. That's up ... Toyota Wins New York Case over Unintended Acceleration A federal jury found that Toyota Motor Corp. isn't responsible for a 2005 crash that the driver blamed on the floor mat or the electronic ... Odell Studner Names Operations Director Pennsylvania-based broker Odell Studner has named Cynthia Kelly Wolkiewicz as director of operations. She will oversee commercial and ... More East News Understanding E&O Coverage Join us for a breakdown of the E&O policy form and learn how to properly insure your client's exposures. Live training Thursday, April 7.. Plus get the recordings so you don't miss anything! Reserve your seat today Midwest North Dakota Man Sues Federal Government for Sidewalk Spill A North Dakota man who says he slipped and fell on ice outside a post office in Wilton is suing the government for half a million dollars. ... Minnesota WWII Plane Museum Needs Fire Sprinklers Members of a nonprofit Minnesota group that maintains a collection of World War II-era planes are scrambling to find money for fire ... Missouri Bills Address Employee Liability in Workers’ Comp Missouri legislators are considering two workers' compensation bills to address whether an employee is liable when an employee is injured ... More Midwest News Southeast Florida Advances Commercial Insurance Rate Deregulation A move to deregulate a number of commercial lines of property/casualty insurance is making quiet progress in Florida. The legislation, ... Alabama House Votes to Ban Texting While Driving The Alabama House is making a second attempt to ban texting while driving The House voted 86-2 last Thursday for legislation sponsored by ... Florida Approves Arch Re Under Reduced Collateral Law Florida has added another company to its growing list of reinsurers that are taking advantage of a state law that allows it to reduce its ... More Southeast News South Central Ark. Deputy Commissioner Named Outstanding CPA in Government State Insurance Commissioner Jay Bradford announced that Mel Anderson, the deputy commissioner for Financial Regulation at the Arkansas ... More South Central News West How to Find Cyber Insurance for the Uninsurable The University of California has redefined the rules of cyber liability insurance, using an approach that the school's Chief Risk Officer ... The Wright Group Services Purchases Assets of Colo.’s Haylo Freyer and Coon The Wright Group Services announced it has purchased select assets of the Haylor Freyer and Coon (HFC) office located in Colorado. Terms of ... More Than 300 Homes Evacuated in Colorado Wildfire Strong winds fueled a wildfire in canyon country west of Fort Collins, Colo., forcing the evacuation of 335 homes, authorities said April ... Calif. State Fund Reports Net Income of $171 Million California State Compensation Insurance Fund has announced that it ended 2010 with $1.1 billion in new premium earned, and $171 million in ... More West News International Lloyd’s Writes the Ultimate Travel Policy for Sarah Outen Lloyd's has insured a football player's hair, the anatomical attributes of various celebrities, and even a Frenchman's heroic crossing of ... Crunching Japan’s Disaster Numbers: Final Bill May be Staggering Japan's government expects last month's earthquake and tsunami to cost up to $300 billion in material damage, but the ultimate cost will be ... Japan Nuclear Crisis to Trigger Huge Civil Damage Claims Japan's nuclear crisis is likely to lead to one of the country's largest and most complex ever set of claims for civil damages, handing a ... Aon Benfield Report: Despite Catastrophes, Reinsurance Rates Remain Stable Aon Benfield's most recent evaluation of the state of the reinsurance market, as of April 1,  concludes that it performed "as intended ... Willis Re Upbeat on S&P’s New Insurer Capital Model After several years of uncertainty, coupled with no small amount of angst, Willis Re, the reinsurance broker for Willis Group Holdings, has ... Liberty Mutual Expands UK Commercial Lines Operations Liberty Mutual Insurance Europe (LMIE), a member of the Liberty Mutual Group, has confirmed more details of its expanded regional office ... AXIS Global A&H Names Smart, Berkshire to International Team AXIS Global Accident & Health, a division of AXIS Capital Holdings Limited, announced two senior additions to its International ... DUAL Corporate Risks Launches Product for Computer Consultants, Contractors DUAL Corporate Risks has launched a product for computer consultants and contractors combining professional indemnity and products ... More International News Insurance Journal Blogs Responsible for Hiring? How to Make Your Job Ads Work for YOU! It's not new news, but the United States Department of Labor reported at the end of February 2011, there were 13.7 million unemployed ... 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 Agency Management System Posted: Mon Apr 4 -- Have done demos of Partner XE and Hawksoft and am torn. Both seem to do what we need and expect with Partner XE having a leg up due to the... jbsmithtx National Agents Alliance? Legit or Keep Away? Posted: Thu Mar 31 -- I'm just starting with National Agents Alliance, and getting free leads within 20 miles of home, and over half the appointments are closing... pontiac PA Dog Liability to meet State Requirements Posted: Thu Mar 31 -- Traveler will not write it. I do not know any company will write dog with history of bitten... pecosins Agency Appointment/ Agent Certification Posted: Wed Mar 30 -- Not sure about your state, but in my state, the insurance laws prohibit an agent from setting up shop merely to handle family... Island Girl Agent 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 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... 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