Daily Headlines: Wednesday, April 13, 2011

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April 13, 2011 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National U.S. Hospital Safety Plan Could Save Lives, Dollars: Officials A hospital patient care and safety initiative aimed at preventing medical errors and hospital-acquired infections could save thousands of ... Auditors Cite Catholic Church’s Lapses in Child Abuse Prevention Auditors hired by the U.S. bishops to check child safety in America's Roman Catholic dioceses each year warned in a new report this week of ... Take1 Insurance Launches Coverage for ‘Docu-Soap’ Television Producers Take1, entertainment division of the U.S. Risk Insurance Group, will now cover "docu-soaps," a new segment of the television production ... Freedom Specialty Insurance Introduces Excess Policy Freedom Specialty Insurance Co. has launched its First Choice excess policy form. The coverage includes: Policy follows "followed policy," ... How Health Reform Will Affect Workers’ Comp, Liability Insurance The federal health reform enacted last year will bring short- and long-term challenges to employers and the property/casualty insurance ... P/C Insurers Weigh International Expansion for Growth The economy is recovering, but not enough to overcome a persistent soft market and spark robust premium growth, a new report from Advisen ... A.M. Best Revises Outlook for The Hartford A.M. Best Co. has revised the outlook to stable from negative and affirmed the issuer credit rating (ICR) of "bbb+" of The Hartford ... Pollution Coverage and the Agribusiness Agent: A Necessary Option for Insureds Pollution coverage a necessary option for agribusiness? If that sounds like a contradiction in terms to the agribusiness agent, consider... More National News East Massachusetts Workers’ Compensation Rates Not Going Up Massachusetts regulators and insurers have agreed that workers' compensation rates will not rise. Last month, the industry filed for a ... Insurance Fraud Claims on Rise in New York Suspicious insurance claims in New York were up about 4.5 percent in 2010, an industry report shows. In 2010, insurers reported a total of ... Pennsylvania Insurance Fraud Judge Facing State Discipline The Judicial Conduct Board has begun disciplinary proceedings against a former Pennsylvania Superior Court judge serving a 46-month federal ... Provider Names Tyrrell as Director of Private Client Group Massachusetts-based agency Provider Insurance has named Kerry Tyrrell director of its private client group. Tyrrell will manage private ... More East News Midwest Ohio Considers Appeal in Work Comp Rate-Setting Lawsuit Ohio's insurance fund for injured workers is deciding whether to appeal a ruling that would allow thousands of businesses to sue over a ... Cleanup Continues in Wisconsin After 4 Tornados Hit The sounds of chain saws filled the air on April 11 in several central Wisconsin towns as people cleared downed trees and other debris from ... Baldwin & Lyons Predicts $15.5M Loss from International Catastrophes Indianapolis, Ind.-based property and casualty insurer Baldwin & Lyons Inc. announced that, based on preliminary information received ... Michigan Insurance Chief Ross Exits Michigan Insurance Commissioner Ken Ross announced today that he will leave his position effective April 15. Former Gov. Jennifer Granholm ... More Midwest News Will Your Agency Survive the Future? 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. Plus get the recordings so you don't miss anything! Space is limited. Learn more and reserve your seat today! Southeast North Carolina Lawmakers Urged to Preserve Workers’ Compensation Benefits Injured workers' groups, trial lawyers and others are sending a clear message to North Carolina lawmakers -- leave the state's ... Allstate Agrees to Reduced Rate Hike, Policy Drops in Mississippi Mississippi Insurance Commissioner Mike Chaney has agreed to let Allstate Property and Casualty Co. increase homeowner insurance rates 19.4 ... Former Florida Gov. Crist Settles Music Copyright Lawsuit Former Florida Gov. Charlie Crist has settled a lawsuit filed by Talking Heads singer David Byrne after Crist used one of the group's songs ... Florida’s ‘Most Wanted’ Insurance Fraudster Arrested One of Florida's first "Most Wanted" insurance criminals was arrest based on a tip provided through the state's new fraud Web site. ... Avant Joins Crump in Memphis Branch Amy Avant has joined wholesale insurance broker Crump Insurance Services as administrative manager for its Memphis, Tenn.  location. In ... More Southeast News South Central National Weather Service Confirms 4 Tornadoes Hit North Texas A National Weather Service storm survey team has confirmed that at least four tornadoes struck rural areas south and east of Dallas and ... Texas Approves 10 Companies to Self-Insure for Workers' Comp Texas Department of Insurance, Division of Workers' Compensation (TDI-DWC) approved one initial application and nine renewals of the ... More South Central News West $2M Awarded to California Officers Who Alleged Ticket Quota Two police officers in Los Angeles who claimed they faced retaliation for complaining about an alleged quota system for traffic tickets ... Hawaii Workplace Safety Regulator Looks Into Fireworks Blast Hawaii's workplace safety regulator has launched an investigation into the company responsible for the fireworks that exploded in a storage ... Western Heritage Insurance Names Washington as Underwriting VP Western Heritage Insurance Co., based in Scottsdale, Ariz., has appointed Anthony Washington as vice president of Underwriting. Washington ... More West News International Solvency II: ‘Beware the Dog That Didn’t Bark,’ Warns Willis Re Insurers are meeting their solvency requirements in greater numbers than anticipated and the result is that the Solvency II regulatory ... Tokyo Electric Power’s Liability May Be Capped Japan may cap Tokyo Electric Power's liability to as little as $24 billion for damages stemming from its crippled nuclear plant, the ... Record $1 Billion Catastrophe Bonds Issued in Q1 Attractive market conditions as a result of strong investor demand resulted in a record issuance of $1 billion catastrophe bonds in the ... Japan Insured Losses Up to $34 Billion: RMS The March 11 Japan earthquake and tsunami are likely to have caused up to $34 billion in losses for the global insurance industry, ... 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 Study tips for the California Life Agent Exam Posted: Wed Apr 13 -- Thanks so much for the authors of books Bisys Exam Prep. I used this book only to study the California Life Agent exam and I made my first... tomwarren 10 ways to Increase your Agency's Profit Sharing Bonus Posted: Wed Apr 13 -- I think 1st one is the best way to increase your agency's profit sharing bonus..It is the initial investment required to join the network.... tomwarren Allied Insurance - Agency terminations. Posted: Wed Apr 13 -- I can certainly understand wanting to notify the Big I, but I think using the power of the marketplace is a much better way to go as... AgencyEquity Risk Purchasing Groups Posted: Tue Apr 12 -- Alot of looks but no responses so....Alternatively, do you place business with Risk Retention Groups and why or why not? Rob PL Rater Posted: Mon Apr 11 -- My understanding is that neither EZLynx nor PL Rater do discriminatory underwriting or calculated rates. That means only Realtime rates... OldIndyAgent How can a new agent obtain appointments? Posted: Mon Apr 11 -- It is very difficult for a very new agency, most especially if you have not been licensed for very long, to get independent agency... 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