Daily Headlines: Friday, July 22, 2011

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July 22, 2011 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Zurich Says Its Policy for Sony Doesn’t Cover Data Breach One of Sony Corp.'s insurers has asked a court to declare that it does not have to pay to defend the media and electronics conglomerate ... MetLife to Sell Banking Unit to Avoid ‘Too Big Too Fail’ Regulation MetLife, the largest life insurance company in the United States, has put its banking operations up for sale to avoid the "too big to ... More States Join Surplus Lines Tax Sharing Proposal Four new members joined a surplus lines premium tax sharing agreement supported by state regulators this week, even while some predict ... U.S. Cyber Arrests Seen Leading to More Hackers The FBI's arrest this week of 16 people who allegedly participated in high-profile cyber attacks is providing a treasure trove of ... Plaintiffs in Wal-Mart Bias Case Return to Court Plaintiffs in a huge sex bias class-action case against Wal-Mart Stores Inc. that was struck down by the U.S. Supreme Court will begin to ... Insurance Noodle 2.0 Promises Real-Time Turnaround and Quotes Web-based insurance connection hub Insurance Noodle has come a long way since 2000 when it first went live. Since then, the online broker... More National News East Rigger in Deadly New York Crane Collapse Stripped of License A rigger who worked on a massive construction crane that collapsed and killed seven people in New York City has been stripped of his ... New York Man Gets $90K for Police Dog Bite The New York man who was bitten by a police dog will receive $90,000 from the city of Mount Vernon. Carlos Garcia filed a civil rights ... Third Guilty Plea in Connecticut Auto Insurance Scam A Bridgeport, Connecticut chiropractor Bridgeport has become the third health professional to plead guilty in an insurance scam involving ... More East News Midwest Wisconsin Settles with Medical Society over Raid of Med-Mal Fund The state of Wisconsin has reached an agreement with the Wisconsin Medical Society over the repayment of a fund set up to pay medical ... Michigan Court Tosses Softball Injury Lawsuit The Michigan appeals court has ruled in favor of a man who accidentally struck a young Muskegon County girl in the face with a softball ... Catastrophes Take Toll on EMC Insurance Group's Q2 Results EMC Insurance Group Inc., based in Des Moines, Iowa, announced that second quarter 2011 operating results will be negatively impacted by a ... Large Named Midwest Executive for Eastern Alliance Insurance Group Eastern Insurance Holdings Inc. (EIHI) announced that Mort Large is joining Eastern Alliance Insurance Group (EAIG) as the regional ... Missouri River Flood Protection Might Be Retained Some Iowa officials say they'd like to keep in place temporary dikes, berms and levees that were hurriedly built to protect people and ... Council OKs Southwestern Illinois Levee Upgrades The people who oversee 64 miles of aging Mississippi River levees in southwestern Illinois have signed off on a $151 million plan to ... More Midwest News Southeast Florida Consumer Chief Backs Double-Digit Hikes for Allstate Florida's consumer advocate says Allstate's two Florida home insurers are among the state's best run and deserve double-digit rate ... North Carolina Family Wins $10M in Wrongful Death Suit Against Taser A federal jury awarded $10 million this week to the family of a North Carolina teenager who died after a police officer shocked him with a ... South Carolina Budget Chief, Former Commissioner Heads to Texas The director of the South Carolina agency that oversees much of state government operations has resigned, six months after Gov. Nikki Haley ... Anderson Joins Atlanta’s OnPoint Underwriting Atlanta-based insurance program administrator OnPoint Underwriting has appointed Marc Anderson as its vice president of Risk Services. In ... All Risks, Avondale Form Joint Venture to Provide Additional Capacity in Fla. All Risks, Ltd. has formed a joint venture with Avondale Insurance Associates.  All Risks will be able to provide its retail insurance ... More Southeast News South Central Louisiana Workers' Comp Medical Guidelines Now in Effect Medical treatment guidelines have gone into effect for the treatment of workers' compensation injuries in Louisiana. The guidelines are ... USI Insurance Services Acquires Plumhoff & Associates USI Insurance Services (USI), headquartered in Briarcliff, N.Y., has closed its acquisition of Plumhoff & Associates (Plumhoff), a ... More South Central News West Feds to Review Idaho Health Insurance Rate Hikes BOISE, Idaho (AP) _ The federal government will assume the responsibility of reviewing increases of 10 percent or more in health insurance ... SullivanCurtisMonroe Hires New VP in Irvine Southern California's SullivanCurtisMonroe Insurance Services, LLC, is pleased to announce the arrival of Jacqueline Scott, vice president, ... Moody’s Affirms California Earthquake Authority Bonds Moody's Investors Service has affirmed the A3 rating on the California Earthquake Authority's ("CEA") 6.169% fixed rate Series 2006-B ... More West News Sponsored Content The e-Marketing Minute is a bi-weekly video series designed to help insurance agents learn how to grow their agency utilizing the Internet. Check it out. More Sponsored Content Insurance Journal Blogs Un-commoditizing Insurance What makes you better or different than your competition?  Ask every agent that question and you'll get the same answer. I'm not kidding. ... More Blogs Join the Insurance Journal Network Insurance Journal TV 100 Agents in 100 Days Accident Insurance Co., a growing workers' compensation and small business insurer, is... Watch Now Growing Opportunities for Insurance Industry's Women Although men still outnumber women in the property/casualty insurance industry, there are many... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Selling An Agency Posted: Thu Jul 21 -- Agency valuation can be tricky. One resource would be to contact lenders that specilize in lending for agency purchases. Since they are the... itzawlgud CA-Guaranteed Replacement Cost Posted: Thu Jul 21 -- GRC was the policy language used when I started my career in 1989 but was phased out soon thereafter and the language restricting the GRC to... itzawlgud Identity Theft coverage Posted: Thu Jul 21 -- I have a client who is looking for identity theft coverage that they can offer to their customers. I believe it would have to be a master... LucyLo Newbie Question about Pay Posted: Thu Jul 21 -- Reasonable seems to be 55% gross to the producer on new business and 35% on renewal. The level of services and support you receive will... jimmyr1978 Oil drilling Insurance Texas Posted: Wed Jul 20 -- Contact HUB International. They insure a ton of these. Contact me... Oldschool Chicago IL area insurance agencies who sell TRAVEL Insurance Posted: Wed Jul 20 -- Fireman's Fund Insurance Co offers Travel insurance that you might be looking for - any independent agency or broker who is appointed with... insgal2005 Titan Insurance Company Posted: Tue Jul 19 -- Can anyone tell me the good, the bad, or the ugly pertaining to Titan Insurance Co. Risk type local trucking, hauling for hire sand and... trotter Motorcycle Rental Coverage Posted: Mon Jul 18 -- Your friend needs to find another Motorcycle rental operator. Coverage is out there. jz20 Go to Forums Reader Comments Connecticut Teen Injured in Gym Class Sues Town Posted: Thu Jul 21 -- Maybe she should just wear a helmet everywhere she goes, shopping, grocery store, movies etc. It's a rough world out there, you should be... secretagentman Hawaii Blowhole Death Raises Liability Questions Posted: Tue Jul 19 -- She should sue the ocean, I mean it is really what is to blame here. Has a total disregard for human life. Geez, how could one have known... Jen L.A. Escapes 'Carmageddon' as Drivers Stay Home Posted: Mon Jul 18 -- The reality is that many employees could stay home every day. Mobile computing and today's IT environments make it easy for many working... Aaron Boigon Hawaii Blowhole Death Raises Liability Questions Posted: Tue Jul 19 -- Oh good Lord - "and to take care of me and my son"???? Don't swim with sharks. Don't stand under a pineapple tree without a helmet. Don't... sips Hawaii Blowhole Death Raises Liability Questions Posted: Tue Jul 19 -- sequels in the works: Saltwater Sandy: "I was thirsty, so I filled my water canteens up with fresh water from the surf, and I nearly died.... 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