Jul 20, 2011

Daily Headlines: Wednesday, July 20, 2011

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Insurance Journal Daily Headlines
July 20, 2011
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Volvo Technology Prevents 27% of Low-Speed Crashes: Insurance Study

Vehicles are doing a better job of protecting people in crashes, but a new crop of advanced technology aims to prevent many crashes from ...

Soda Makers Fight Back Against Obesity Claims: Reuters

U.S. public awareness campaigns about sugary soft drinks are under legal attack by beverage makers, which have sued New York City's health ...

U.S. Arrests 14 for Roles in PayPal Cyber Attack

U.S. authorities Tuesday arrested 16 people on charges they participated in major cyber attacks, including an attempt to cripple eBay's ...

Best May Cut Ratings Outlook on Life Insurers

Ratings agency A.M. Best may lower its outlook on the U.S. life insurance and annuity sector to "negative" from "stable," it warned ...

USI Completes Acquisition of Tricerion

New York-based agency USI Insurance Services has closed on its acquisition of Tricerion Group, an online employee benefits firm. USI said ...

From MyNewMarkets.com Mobile Food Vendor Market Explodes as Insurance Market Evolves

In just about every metropolitan area nationwide hungry customers can appease their appetites by visiting the neighborhood taco truck. The...
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East

New York Workers’ Compensation Cost Hike Approved

New York regulators have approved an average 9.1 percent hike in loss costs used by insurers, which is less than the 10.4 percent increase ...

Massachusetts Judge: Obsolete Fire-Suppression Means No Claims Paid

A Massachusetts restaurant owner who failed to upgrade his obsolete fire suppression system was not entitled to collect insurance money ...

RBC Insurance Associates Joins the ISU Network

RBC Insurance Associates of Somerset, N.J., has joined the ISU Network. Founded by James Robertello, David Bruen and Daniel Carluccio, RBC ...
Academy of Insurance Webinar: how to read a professional liability policy
Midwest

Missouri Governor Pledges Home-Rebuilding Aid in Joplin

Missouri Gov. Jay Nixon on July 19 outlined plans to allot $122 million in state and federal aid to rebuild homes hit by a devastating ...

Ohio Workers' Comp Administrator Cites Successes, Areas for Improvement

In an overview of his first six months on the job, Ohio Bureau of Workers' Compensation Administrator/CEO Stephen Buehrer said he has ...

Jenkins Appointed General Counsel at Accident Fund Holdings

Accident Fund Holdings Inc. has appointed Sue Jenkins, of Williamston, Mich., as general counsel. Jenkins is replacing Steven Hess, current ...
Southeast

Georgia Grapples with Dad’s Malpractice Suit Vs. Son’s Psychaitrist

After a mentally ill Georgia man was charged with stabbing his mother to death amid a psychotic rage, his father took a peculiar step that ...

Kentucky Strip Mall Fire Deemed Arson

A fire chief says a blaze that destroyed a strip mall in central Kentucky was arson. Meade County Fire Chief Larry Naser said investigators ...

Florida Returns $12 Million to Policyholders

Some Florida insurance policyholders stand to recover more than $12 million in refunds thanks to state insurance investigators looking into ...

Mississippi Judge Tosses Lawsuit Against Scruggs Book Authors

A Lafayette County, Mississippi circuit judge has dismissed a lawsuit against a former federal prosecutor and a political blogger over a ...

Burns & Wilcox Promotes Vaughn in North Carolina

Wholesale insurance broker Burns & Wilcox has promoted Kasey Vaughn to branch manager of its Morehead City, North Carolina office. ...

AmWINS Expands in North Carolina; Toler Joins Firm

Wholesale insurance broker AmWINS Group, Inc. is expanding its operations with a new office location in Morehead City, North Carolina. ...
South Central

Audit: Louisiana Home Elevation Program Improperly Monitored

A $750 million Louisiana hurricane recovery program that doles out money for home elevations is being criticized for ineffective management ...

Texas Troopers: Special Enforcement Gets Drunk Drivers Off Roads

Texas Highway Patrol troopers arrested 1,406 intoxicated drivers during a special July 4 holiday enforcement program from June 27 through ...

Arkansas Town Passes Ordinance Banning Dog Breeds

A new ordinance bans pit bull terriers and other types of dogs inside the limits of an eastern Arkansas city. Members of the Trumann City ...
West

U.S. Judge Permits Toyota Appeal in California

A federal judge ruled on Tuesday that Toyota Motor Corp. lawyers could appeal a previous ruling allowing consumers without ...

Hailstorms Result in 50,000 Claim Filings in Colorado, Wyoming

Mother Nature wrecked havoc along the Front Range and southeastern Wyoming last week — again living up to the region's weather ...

California Surplus Lines Bill Signed Into Law

California passed legislation this week that will allow the state to implement provisions in a new federal surplus lines insurance law. The ...

Lawsuit Filed Over Continental Airlines Crash at Denver Airport

Passengers on a Continental Airlines flight that crashed at Denver International Airport are blaming air traffic controllers for the ...

Idaho Insurance Department Names Donovan Deputy Director

Tom Donovan has been appointed deputy director of the Idaho Department of Insurance. He assumes his new responsibilities Aug. 15. Donovan ...

Direct-Link Acquires Coachella Valley Insurance Services

Direct-Link Holding Group LLC has acquired Coachella Valley Insurance Services Inc. (CVIS) of La Quinta, Calif. The transaction marks the ...
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International

U.S. Defends Doha Trade Strategy after Zoellick Barbs

President Barack Obama's administration on Tuesday fired back at World Bank President Robert Zoellick's criticism that it has not done ...

7,500 Earthquakes Shake Resolve in Christchurch, New Zealand

It's been 10 months since the first big earthquake struck New Zealand's second-largest city. It's been nearly five months since a far more ...

Somali Pirates Secrets Revealed in New Book

The pirates were nervous. A rookie author - a white man from Canada - had unexpectedly arrived in their cliff-top Somali village to ask ...

Indonesia’s Mount Lokon Volcano Erupts Twice

An Indonesian volcano spewed hot gases and ash in two eruptions on Monday that show high and unpredictable activity from the volatile ...

SCOR Finalizes Sale of U.S. Fixed Annuity Business

French reinsurer SCOR announced that it has finalized the sale of its subsidiary Investors Insurance Corporation (IIC) to Athene Holding ...

XL Insurance Strengthens International Property Business

XL Insurance, the global insurance operations of XL Group, announced changes in its International Property business, which it said are "in ...

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New Discussions in the Forums

Oil drilling Insurance Texas
Posted: Wed Jul 20 -- I need to find a company to insure oil/water drilling in Texas. Your help is much appreciated.! melowen2
Newbie Question about Pay
Posted: Wed Jul 20 -- What do you all consider a solid year for a producer? I have been in the business for 4 years now and I am doing close to $500,000 new... Producer19
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
National Agents Alliance? Legit or Keep Away?
Posted: Tue Jul 19 -- Over the past two years National Agents Alliance has made a conservative effort to improve its operations and levels of customer... larryking22
Motorcycle Rental Coverage
Posted: Mon Jul 18 -- Your friend needs to find another Motorcycle rental operator. Coverage is out there. jz20
Chicago IL area insurance agencies who sell TRAVEL Insurance
Posted: Fri Jul 15 -- Don't major brokerages sell this thru their Private Client or High Net Worth divisions as well? Doesn't Chubb and Aon sell Travel Insurance... bf1chicago

Reader Comments

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 -- 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
Michigan Woman Sues Man After Facebook Romance Fails
Posted: Thu Jul 14 -- Another frivolous lawsuit that needs to be thrown out. Sometimes relationships fail, that's life, move on. Amazing that a lawyer took this... TxLady
Connecticut Court Holds Teen Liable for Party Damage
Posted: Tue Jul 19 -- Seriously, this is a no brainer. Let me guess, the parents disagreed with making the children be responsible. Another fine example of... ToulaMarie
Georgia Student Sues Fraternity Over 'Foam Party' Injury
Posted: Mon Jul 18 -- I truly feel sorry for this younger generation: not only are we going to saddle them with record amounts of insurmountable National debt,... 2lanelover

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