Jul 6, 2011

Daily Headlines: Wednesday, July 6, 2011

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Insurance Journal Daily Headlines
July 6, 2011
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

LaRocco Out at Fireman’s Fund; Fouché Named CEO

Lori Dickerson Fouché has been named president and chief executive officer of Fireman's Fund Insurance Co. She succeeds Michael LaRocco, ...

Strauss-Kahn: Going From Defendant to Plaintiff Could Be Risky

After spending six weeks as a defendant in a criminal sexual assault case that now appears to be falling apart, Dominique Strauss-Kahn may ...

NFIB, EMPLOYERS Expand Workers' Comp Program to Eight More States

The National Federation of Independent Business (NFIB) has extended its discounted workers' compensation coverage benefits to its members ...

Marsh Forms New Global Mining Practice

As mining organizations pursue growth opportunities outside their home countries, they are challenged by a number of new and emerging ...

From MyNewMarkets.com Demand for Credit Insurance Product Grows as Fears About Economy Linger

As the economic crisis winds down and the economy slowly begins to return to normal, there still remains a high level of uncertainty. This...
Academy of Insurance Webinar: Identifying Professional Liability Exposures
East

New Jersey to Get Almost $50M for Flood Protection

New Jersey will be getting almost $50 million in federal funds to help bolster the state's long-term flood protections. Emergency ...

Suspect in Insurance-Scheme Shooting Killed by Police in Pennsylvania

A career criminal suspected of shooting five people, two of them fatally, inside a suburban home over an alleged insurance-fraud scheme was ...

Kinder Rejoins S.H. Smith

Hartford-based E&S broker S.H. Smith & Co. has hired Jonathan Kinder as an underwriter. Kinder joins the in-house underwriting ...
Academy of Insurance Webinar: Five Claims Secrets No Lawyer Wants You to Know
Midwest

Fire at University of North Dakota Arena Causes $1.5M Damage

  Authorities in Grand Forks say a small fire at the University of North Dakota's Ralph Engelstad Arena was quickly extinguished but ...

Levee in Flood-Prone Ohio City Decertified

The only earthen levee along the troublesome Blanchard River in the northwest Ohio city of Findlay is no longer recognized as viable for ...

Insurance Company Gives Money to Omaha Hospitals

Blue Cross and Blue Shield of Nebraska is providing money for two Omaha hospitals to improve patient outcomes after surgery. The insurance ...

Flooded Missouri River Threatens Tributaries, Downstream Towns

In a season of flooding by some of the nation's biggest rivers, it's streams most Americans have never heard of that could cause some of ...

Zito Named Sr. VP of Marketing at Founders Insurance Co.

Barbara Zito has been named senior vice president of Marketing at Founders Insurance Co. of Des Plaines, Ill. Founders is a member company ...
Southeast

Georgia Court Holds Store Liable for Fatal Crash After Beer Sale

The Georgia Supreme Court has found a convenience store can be held liable for a fatal highway accident that took place after a driver ...

North Carolina Wildfire Spreads; Homeowners Evacuate

Ten homes have been evacuated and three destroyed by a wildfire in Bladen County that has nearly doubled in size over the past three days, ...

Florida Reinstates Online Driver Permit Tests for Teens

Florida teenagers once again will be allowed to take their learner's permit tests online. The Department of Highway Safety and Motor ...

Florida’s Acentria Acquires Ft. Myers Agency, FHC

Acentria Insurance is expanding its business into southwest Florida by acquiring Florida Homeowners & Commercial Insurance Agency. ...

Carr Named Operations Leader for Integro's Atlanta Office

Integro, a New York-based insurance brokerage and risk management firm, has announced that Andrew Carr has been named operations leader of ...
South Central

Shepard Installed as President of Independent Insurance Agents of Texas

Bob Shepard, board chairman of Shepard Walton King Insurance Group in Harlingen, was installed as IIAT president for 2011-2012 during the ...

Hub International Acquires Assets of Roeder & Moon

Chicago-based insurance brokerage Hub International Limited (Hub) has acquired Roeder & Moon Inc. (R&M), an insurance brokerage ...

CNA Appoints David Linhardt VP of Oklahoma, Arkansas Branches

CNA Financial Corp. has appointed David Linhardt as vice president of its Oklahoma and Arkansas branches. Linhardt is responsible for ...

Conard, Toomey Join Holmes Murphy & Associates' ACAP Health Consulting

Dallas insurance brokerage firm Holmes Murphy & Associates has added two well-known industry leaders in its ACAP Health Consulting ...

Arkansas’ Revenues Rise Above Forecast; Insurance Dept. Funds Helps

A state finance report shows that Arkansas brought in more money than expected during the 2011 fiscal year. The report, released by the ...
West

Exxon Spill on Yellowstone River Disrupts Montana Ranches

Environmental officials scrambled Tuesday to assess the extent of contamination from a weekend oil spill that has fouled water supplies and ...

Feds to Require Safety Plan for Restart of Exxon’s Montana Pipeline

U.S. pipeline safety regulators on Tuesday said Exxon Mobil must make fixes to its ruptured Montana oil pipeline and submit a restart plan ...

Arizona Insurance Agent Finds His Fun, and Second Business, in Guns

Some insurance agents pick up a golf club or tennis racket when they want to have fun and work off a little stress. Aaron Merchant of ...

Freeway Names Waked CEO; Klaeb to Serve as Chairman

Joseph Waked has been named CEO of Buena Park, Calif.-based Freeway Insurance, a subsidiary of New York-based Confie Seguros. Founded in ...

Aquino Returns to Swett & Crawford as Broker

Robert Aquino has rejoined Swett & Crawford as a broker in Fresno, Calif. after a long hiatus. He will report to Curt Biersch, Swett ...
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International

New Swiss Re sigma study Reveals Global Premium, Capital Growth

A new study in Swiss Re's sigma series concluded that the global insurance industry has returned to a pattern of growth. The study -  ...

Marsh Launches Global Mining Practice

Marsh has announced the formation of a new "Global Mining Practice," which it said "harnesses all of its mining expertise, experience, and ...

Aon's International Space Brokers Opens Hong Kong Operation

Aon Risk Solutions, the global risk management and insurance brokerage business of Aon Corp., announced the Hong Kong opening of its space ...

Marighetti Joins Zurich as Group Head of Strategy

 Zurich Financial Services Group announced the appointment of Luca Marighetti (50, Italian citizen) to the position of Group Head of ...

UK’s UIB Appoints Dilley International Operations Director

London-based United Insurance Brokers announced the appointment of Tony Dilley as International Operations Director. "He will assume ...

Lloyd's Names Patterson as New Controller of Agencies; Lawrence as Deputy

Lloyd's announced that Mark Patterson has joined Lloyd's as the new Controller of Agencies and David Lawrence has been promoted to Deputy ...
Sponsored Content

Arrowhead General Insurance Agency, Inc. Takes Home 3 Insurance Marketing & Communications Awards Including 2 Best in Show

San Diego, CA, 07/06/2011 - Arrowhead General Insurance Agency, Inc. was thrilled to have received three awards from the Insurance Marketing and Communications ...

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New Discussions in the Forums

Business Income - Rental Income
Posted: Wed Jul 6 -- In my opinion, it would be best to raise your question ISO BI for they are the on who knows their policy. In any way, it is not a bad idea... gwayne101
Energy Savings Insurance (ESI)
Posted: Tue Jul 5 -- Halpert, Energy Savings Warranty is a new insurance policy that serves as a backstop to the performance guarantees offered by Energy... PGrogan
CA-Guaranteed Replacement Cost
Posted: Sat Jul 2 -- HO-411 Guaranteed Replacement Cost, affects Coverage A, B, C, and D limits. It's not exactly "unlimited" as the endorsement or some people... RKunz2
Agency Management Systems
Posted: Mon Jun 27 -- I've used AgencyPro for several years and love it. I do both direct and agency bill policies and the accounting works just fine for me. It... Marina

Reader Comments

Federal Appeals Court Upholds Individual Health Insurance Mandate
Posted: Wed Jun 29 -- Everyone, Just read the Constitution and honestly make up your own mind as to what the authors of this great document had in mind to the... Sarah
Federal Appeals Court Upholds Individual Health Insurance Mandate
Posted: Wed Jun 29 -- This is pathetic - we're not to far from being told how to breath, when and where. To much goverment involvement in our lives - we should be... Maxine
Federal Appeals Court Upholds Individual Health Insurance Mandate
Posted: Wed Jun 29 -- This is like saying that because the housing industry is in trouble all renters will be required to purchase a home by 2014 - thereby... Richelene

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