Jun 8, 2011

Daily Headlines: Wednesday, June 8, 2011

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Insurance Journal Daily Headlines
June 8, 2011
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

U.S. Court in Georgia to Hear States’ Healthcare Law Challenge Today

A U.S. appeals court in Atlanta will hear a lawsuit Wednesday challenging the constitutionality of the healthcare reforms signed into law ...

Percent of U.S. Workers with Disability Coverage Declines

More than half of U.S. workers have no disability coverage and that percentage is dropping, an insurance company survey shows. According to ...

From MyNewMarkets.com Real Estate E&O Players Prepped and Ready for Market Turnaround

Insurers are beginning to see some flickers of confidence in the real estate industry, which means the market for real estate E&O...
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East

Two More Massachusetts Motorcycle Insurers Send Settlement Checks

Insurers USAA and NGM Insurance Co. will return a combined $3.4 Million to Massachusetts motorcycle policyholders as part of a settlement ...

$3.75M Settlement Reached over Pennsylvania Coal Discharges

A power company will pay $3.75 million as part of a settlement for fouling a western Pennsylvania river with metal discharges from a ...

Anderson Joins Gendelman Insurance

The Bruce Gendelman Insurance Co. has hired Linda Anderson as a commercial lines account advisor. She will focus on the agency's Defense ...
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Midwest

Report: Locking Prison Cells Didn’t Injure Guards in Illinois

A newspaper's ongoing investigation has found an expert report, commissioned by the state of Illinois, showed that locking and unlocking ...

Ohio: More than 2,000 Agents, Agencies Owe $21.7 Million in Tax Liens

The Ohio Department of Insurance Fraud, Enforcement and License Division, with help from Ohio Attorney General Mike DeWine's office, has ...

Missouri: 17,000 Insurance Claims Filed So Far From Joplin Tornado

The major insurance companies serving consumers in the Joplin area have received nearly 17,000 claims so far from residents and business ...
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Southeast

Tennesseean Sues, Says Police Mistook Medical Condition for Drunkenness

A Lenoir City, Tenn.,  man has filed a multimillion-dollar lawsuit against the Loudon County sheriff after he said he was mistakenly ...
South Central

Louisiana Insurance Investigators Allegedly Killed by Agent

Two investigators with the Louisiana Department of Insurance were shot and killed on June 7 while attempting to collect case information ...

Louisiana Group Benefits Chief Resigns

The chief executive officer of the health insurance office for state employees and retirees, hired by the Jindal administration in April, ...

Foundation Financial Group Expanding in North Texas

Foundation Financial Group announced it is adding new jobs to the Dallas-Fort Worth area. The group is opening a new location at 1903 ...
West

Calif. Agents Group Seeks Auto Insurance Persistency Discount

The American Agents Alliance announced it has submitted for title and summary an automobile insurance discount initiative that would allow ...

Insurer Seeks to Void Policy for Jackson Shows

The insurer of Michael Jackson's planned series of comeback concerts is asking a Los Angeles judge to nullify a non-appearance policy ...

Oregon Senate Passes Car Sharing Bill

In a seeming effort to encourage green behavior, Oregon senators have approved a bill that would remove some of the barriers to developing ...

Golden Gate Underwriters Society Names New Officers

The Golden Gate Chapter of the Chartered Property Casualty Underwriters Society has named its 2011-2012 officers. They are: President ...

Bozzuto & Associates Insurance Names Poitevan Bond Manager

Bozzuto & Associates Insurance Services Inc. of San Jose, Calif., has named Bruce Poitevan bond manager. Poitevan was formally with ...

Arizona Underwriters Society Names New Officers

The Arizona Chapter of the Chartered Property Casualty Underwriters Society has named its new officers and directors for the 2011-12 term. ...

RMIS Picks Tobin To Lead Workers’ Comp Division

Fullerton, Calif.-based RMIS has added a new worker's compensation insurance market through Tower Select, and has added Monica Tobin to ...

Insurance Professionals of Orange County Install New Officers

The Insurance Professionals of Orange County,Calif., (IPOC), a local representative of the National Association of Insurance Women ...
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International

New Aon Terrorist Risk Map Includes Mideast, No. Africa Unrest

Aon's annual publication of its Terrorist Risk Map has been expanded. Aon said this year's version features areas where "political ...

Finance Industry Warns of Transatlantic Discord over Derivative Rules

Transatlantic sniping by top policymakers could make it harder to agree new rules to crack down on derivatives, derivatives market ...

Sea Transport Firm May Drop Dutch Flag over Piracy Rules

Dual Dutch-Norwegian listed ocean transport company Dockwise has warned the Netherlands it will sail its vessels under a different flag ...

AXIS Capital Announces Leadership Change at AXIS Re

Bermuda-based AXIS Capital Holdings Limited announced that William A. Fischer, the CEO of AXIS Re, will leave that position, but will ...

Bowden joins Lloyd’s Marketform as D&O Underwriter

Lloyd's insurer Marketform announced that Directors' and Officers' liability underwriter Alexis Bowden has joined the company. He ...

S&P Raises Allied World’s Ratings

Standard & Poor's Ratings Services raised its ratings on Bermuda-based Allied World Assurance Co. Holdings AG and its operating ...
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Sponsored Content

Sherrie A. Chambers, CIC joins the Atlantic Specialty Lines, Inc. Corporate Personal Lines team

Richmond, VA, 6/8/11 – Atlantic Specialty Lines, Inc. Sherrie joins the ASL of FL office and corporate personal lines team bringing ...

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Markets in Motion: Medi-Spa

The anti-aging market has become more sophisticated, more profitable and more risky. From...
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Agents Battle MLR Rules

The sweeping federal health care reform law enacted last year is having a major bottom line...

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New Discussions in the Forums

..a complicate package prospect question!..
Posted: Tue Jun 7 -- Hi D's Insurance Store: Thank you so much for your suggestion. I did remember once my colleague taught me about it; It is that sometimes you... roycheong1031
National Agents Alliance? Legit or Keep Away?
Posted: Tue Jun 7 -- "Danlman- A true professional WILL inform the customer and pass on business when he/she cannot help instead of force... AFVetGrrl84
Innovative Insurance Product (PA)
Posted: Mon Jun 6 -- I represent the inventor of an innovative insurance based business method, patent pending, involving the purchase of real estate. My client... garyashapiro
Auto driven on a racetrack - NY PAP excludes
Posted: Thu Jun 2 -- Try Lockton Affinity's HPDE program. I believe they released an ala carte product a year or so ago for track day and driving school events... brydo
Policies written through E&S markets--Florida
Posted: Thu Jun 2 -- Any evidence of coverage (Dec's, certs etc) issued by a producing agent pursuant to this section must include the name and address of the... TheInsKid
Ethical Problem - Please help!
Posted: Wed Jun 1 -- Somewhere in the program is a transaction file. Find the approximate date the file was deleted, it will be shown in the transaction file. To... CSP
Healthcare Reform
Posted: Sat May 28 -- There's always a buzz on Health care reform. Recently, Obama made changes on Medicare and then signed the CLASS Act to lessen the dependence... carefree

Reader Comments

New Jersey Court: Drunk Driver Can Sue Bar that Served Him
Posted: Fri Jun 3 -- Another absurd rendering by the NJ courts. It's time to start holding individuals accountable for their own poor judgment and social... Jester
Pennsylvania Woman's Lawsuit Claims Dunkin' Brew is Too Sweet
Posted: Tue Jun 7 -- Speaking as a diabetic, this case makes me ill. A sugar packet contains about 2-4 grams of carbohydrate. Say they put in 2 packets of sugar... Mad
Cell Phone Cancer Report Comes As Supreme Court Weighs Lawsuits
Posted: Thu Jun 2 -- If I have had the same job for the last 10 years, and if my only cell phone has been my work issued cell phone, is my brain cancer a work... Producer #1

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