Understand Why Insurance is Not Risk Management

Having trouble reading this email? View it as a webpage. Not interested anymore? Unsubscribe instantly.   Understand Why Insurance is Not Risk Management Join us next week for this free class. New from Insurance Journal's Academy of Insurance. Instructed by Chris Boggs, author of "Insurance is Not Risk Management: The Insurance Professional's Guide to Risk Management and Insurance". Space is limited. Register Today. Many in the insurance industry seem to think that insurance is, within and of itself, equal to risk management. But in reality, insurance is one and only one tool used to manage the risks faced by every one of your clients, whether they are commercial or personal lines customers. The Insurance Journal Academy of Insurance developed and is leading a series detailing risk management with a specific focus on how insurance fits into the overall risk management process. It is called, "Beyond Basic Training." The 9-part series begins on Thursday, September 22, 2011, and runs every Thursday through November 17. Topics covered in the series include: Risk and its Relationship to Insurance; Risk Management Theory and Application; Truly Understanding the Insurance Mechanism; Public and Private Risk Sharing and Transfer; How is the Insurance Industry Regulated; The Legal and Contractual Aspects of Insurance; Insurance for Legal Liability Arising out of Negligence; and How to Read and Understand ANY Insurance Policy For more information on each class, you can tour the full class web page. HOWEVER, you have the opportunity to hear the principles that will be taught in this series - FREE. On September 9, the Academy of Insurance is leading a one-hour class on risk management theory and where insurance fits. In essence, you get to try the series before you buy it. Immediately following this free class, all participants receive a special discount code you can use when you register for series. The code cuts $200 from the cost of the full nine-part series. Sign up for the September 9 preview session today. Remember, participants in the September 9 session receive special access to a discount code good for $200 of the series. Plus, participants in the whole series receive a free electronic copy of our newest book, "Insurance is Not Risk Management: The Insurance Professional's Guide to Risk Management and Insurance." We hope you'll join us next week. Register today for access. If you have any questions, send me an email at webcasts@insurancejournal.com. Thanks, Barbara Dooley Online Training Coordinator Academy of Insurance www.ijacademy.com Register today to take advantage of this special offer. (available until space is full)   Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2011 by Wells Publishing, Inc.

Daily Headlines: Wednesday, August 31, 2011

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August 31, 2011 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Insurer Ratings Unaffected, Stocks Rally As Losses from Irene Look Manageable Loss estimates from Hurricane Irene continued to fall and ratings agencies said insurers would have no problem with claims, helping boost ... Can Federal Flood Insurance Handle Irene Losses? The only thing worse than getting flooded out of your home once is getting flooded out of it twice. Or, for that matter, over and over ... Irene’s Impact on Private Insurance Markets The $7 billion in estimated losses from Hurricane Irene compound the vast damage caused by weather in the United States this year. Yet ... Irene’s Impact on Fragile U.S. Economy The struggling U.S. economy should escape largely unscathed from Hurricane Irene and may even get a boost from reconstruction. Irene, which ... AIG Suit Against Bank of America Raises Disclosure Issues Top Bank of America Corp. lawyers knew as early as January that American International Group Inc. was prepared to sue the bank for more ... Judge Blocks Punitive Damages in Fossamax Claim Against Merck A federal judge on Tuesday threw out part of a bellwether lawsuit against Merck & Co. over claims that its osteoporosis drug Fosamax ... Best Affirms Ameriprise Financial and Subs Ratings A.M. Best Co. has affirmed the financial strength rating (FSR) of 'A+' (Superior) and issuer credit ratings (ICR) of "aa-" of ... General Star Launches Nutraceutical Binding Authority Program General Star has launched a delegated authority platform to distribute its NutraAdvantageproduct nationwide. Wholesale broker Worldwide ... NAS Enhances Tenant Discrimination Insurance NAS Insurance Services' tenant discrimination insurance no longer includes co-insurance.  NAS' tenant discrimination insurance also ... LexArchaeology Provides Construction Owners Peace of Mind in Troubling Times Even though the rate of new construction projects has dipped significantly since 2008, those that are funded, especially large commercial... More National News Webinar: Beyond Basic Training Information Session (join us free) New from Insurance Journal's Academy of Insurance Understand Why Insurance is Not Risk Management. Instructed by Chris Boggs, author of "Insurance is Not Risk Management: The Insurance Professional's Guide to Risk Management and Insurance". Because this is a free class - seating is limited to the first 250 people. Next week: Click Here to Register East Forecast: Few Insured for Irene’s Losses in Connecticut Only about 30 percent of property losses inflicted by Tropical Storm Irene in Connecticut will be covered by insurance, according to an ... Jury Finds Naval Officer Guilty of Defrauding 9/11 Victims’ Fund A retired naval officer honored for his valor during the Sept. 11 attack on the Pentagon has been found guilty of defrauding the victims' ... Maine's Northeast Bancorp Sells Its Insurance Group to 2 Local Agencies Lewiston, Maine-based Northeast Bank Insurance Group has been acquired by local agencies in two separate transactions effective Sept. 1. ... More East News Midwest Former Nebraska Insurance Claims Examiner Pleads Guilty to Mail Fraud An Omaha man has pleaded guilty to mail fraud while he was working as a claims examiner for an insurance company. The U.S. attorney's ... New Illinois Law Meant to Help Smokers Kick Habit A new Illinois law requires insurance companies to offer coverage for services meant to get smokers to kick the habit. The American Lung ... More Midwest News Southeast Home Insurers in Georgia Seek Rate Hikes A year after most Georgia insurers increased homeowners premiums by 9 to 23 percent, a new wave of increase requests is pending. State ... More Southeast News South Central Man Sentenced to Life in Louisiana for Death of Insurance Agent Calling the crime a "despicable act," a Louisiana judge has sentenced a 22-year-old man to life in prison in the killing of a Georgia ... Louisiana Worker Insurance Program Valued at Up to $217M The market value of a state worker health insurance program that Gov. Bobby Jindal is considering privatizing has been pegged between $133 ... TDECU Insurance Agency Welcomes New President TDECU Insurance Agency LLC in Lake Jackson, Texas, has added Wesley "Wes" Wolff as president. He brings more than 30 years of insurance ... More South Central News West Judge Limits ‘Housewives’ TV Star’s Damages for Wrongful Firing A judge urged attorneys to try to settle Nicollette Sheridan's wrongful termination lawsuit over her ouster from "Desperate Housewives"  ... Driving Deaths Continue to Decline in Arizona Arizona's transportation department says that driving-related deaths continued to decline last year. The Department of Transportation's ... More West News International Irene Losses Won’t Trigger Policy Payouts – CCRIF The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced that, "while Hurricane Irene resulted in registered losses in six of ... Swiss Re Sigma Study Examines Government/Private Sector Coverage Swiss Re's latest sigma study  - "State involvement in private insurance" - examines the increasing symbiosis between governments and the ... Report Says Asia to Add 1.66 Million Millionaires by 2015 Asia will add 1.66 million dollar-millionaires by 2015, taking the total number of wealthy to 2.82 million as the world's fastest-growing ... Marsh Acquires African Insurance Business of Alexander Forbes Global insurance broker Marsh said it will acquire the brokerage business of Alexander Forbes. This business comprises Alexander Forbes ... More International News Webinar: Top 7 CGL Coverage Questions New from Insurance Journal's Academy of Insurance Help get a better understanding of the underwriting thought process. Next week: Click Here to Register Join the Insurance Journal Network Insurance Journal TV What's in a Name? Unitrin CEO Southwell Says A Lot A legendary insurance company name is back in the headlines. Unitrin Inc. has taken the Kemper... Watch Now Brokering the Hot Cyber Liability Market With data breaches in the news, cyber liability insurance is gaining recognition. The market... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums CPCU classes vs. CLU classes Posted: Wed Aug 31 -- Anyone have any info on future CLU conferment ceremony locations?? PatsFan2001 Lifted trucks - who insures them? Above 6'' Posted: Tue Aug 30 -- I have customers with greater than 6 inch lifts.. who insures this? Many companies accept small lifts, but nothing beyond 6 Thanks Uni meytai Why Would an Agency Retain Trust Account Service? Posted: Tue Aug 30 -- My agency maintains separate fiduciary accounts for each carrier (9) we have 'sweeps' for. This way one carrier cannot 'accidentally'... darnovak Book recommendation for starting an agency? Posted: Tue Aug 30 -- In addition to reaching out to different agency owners for advice/counsel/mentoring, etc., you may wish to look at the publications offered... Rainmaker Preparing for the New York State brokers' license exam Posted: Mon Aug 29 -- Can anyone please recommend study material to use in preparing for the second exam for the NY State licensing requirement for insurance... John J90 CIBA Insurance purchasing group...Help Posted: Sat Aug 27 -- While I am hoping Hurricane Irene doesn't cause significant damage to the east coast, I am curious to see what will happen if some of these... HOA Expert GMAC AUTO IN CA Posted: Sat Aug 27 -- Had them for 2 years before I switched to GEICO. Very good customer service and very easy for claims. Thing is their prices are jacked up. I... London946 Go to Forums Reader Comments California Surfboard Maker Faces Product Liability Claim Posted: Mon Aug 29 -- Anyone in action sports will be injured at one time or another. It's part of the game. What surfer hasn't been cut by his fin or hit in the... OC agent With FEMA Running Low on Funds, Irene Revives Budget Battle Posted: Tue Aug 30 -- Not to worry. Geightner and Bernanke will just crank out the money for FEMA. God forbid if a few of the several hundred other Federal... Longtime Agent Allstate Files $5 Million Insurance Fraud Case in New York Posted: Wed Aug 24 -- "Black and white proof"? Sorry Eddie K. sounds like you just have a bone to pick about a claim that wasn't resolved to your satisfaction. If... Don't buy it Texas Supreme Court: Bad Faith Claim Inconsistent with Worker's Comp Posted: Tue Aug 30 -- It is well known that Texas Mutual does not like to be ripped off on fraudulent claims. I have to believe they investigated this incident... Longtime Agent Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue The Insurance Journal Satire Issue! News that never happened. Features you won't forget. Plus reader submissions, fake statistics, made-up mergers and lots more. More Newsletters Choose Newsletters Daily Headlines Weekly Reader Picks Magazine Update Insurance Journal TV Classifieds Breaking News MyNewMarkets Daily Claims Daily Enter Your E-mail Market Directories Excess & Surplus Markets Programs Workers' Comp Markets New Insurance Jobs Claims Adjuster Sales/Marketing Rep MS Marketing Rep Have a job opening? List it on our Web site. How to Advertise For information about advertising on this newsletter and Insurance Journal magazines, contact Julie Tinney at (800) 897-9965 x148. View our Media Kit for advertising options in our magazines and online properties. Subscribe | Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2011 by Wells Publishing, Inc.

Daily Headlines: Tuesday, August 30, 2011

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August 30, 2011 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Irene Blamed for 38 Deaths; $20 Billion Economic Loss; Worst Flooding in Decades New Jersey and Vermont struggled with their worst flooding in decades Monday, a day after Hurricane Irene slammed an already soaked U.S. ... S&P Sees Limited Impact on Insurers from Irene Standard & Poor's Ratings Services said it expects a somewhat limited impact from Hurricane Irene on U.S. property/casualty insurers ... Moody’s Sees Stable Outlook for Personal Lines Insurers The personal lines insurance sector maintains a stable outlook in the face of a highly competitive environment, 2011 catastrophe losses and ... With FEMA Running Low on Funds, Irene Revives Budget Battle Washington's never-ending budget battle threatened to snarl the recovery from Hurricane Irene as a top Republican said Monday that any ... Irene Insured Losses in U.S. at $3-$6 Billion; P/C Pricing Unlikely to Turn Hurricane Irene caused $3 billion to $6 billion in insured losses, catastrophe modeling company AIR Worldwide said Monday, affirming the ... Hurricanes May Be Catalyst for Insurance Rate Increases Hurricane Irene, the first hurricane to hit the United States in three years, could be the catalyst the insurance industry has been seeking... More National News Webinar: The Top 5 Mistakes Made When Hiring Producers new from Insurance Journal's Academy of Insurance This webinar identifies ways to correct the most common mistakes agencies make when hiring sales executives. Tomorrow! Click Here to Register East Vermont Flooding from Irene Take Its Toll: 3 Lives; Homes, Businesses Destroyed Vermont residents surveyed washed out roads, swept-away bridges and destroyed homes and businesses Monday after a weakened Hurricane Irene ... MSO Introduces Personal Umbrella Program in N.Y. MSO, Inc.'s (The Mutual Service Office, Inc.) personal umbrella program has been approved in New York. The MSO homeowners program was ... More East News Midwest North Dakota Insurance Agent Pleads Guilty to Wire Fraud A former insurance agent in North Dakota on Aug. 24 pled guilty to wire fraud, according to the U.S. Attorney's Office for North Dakota. ... Farmers Say Crop Insurance Critical to Kansas Agriculture Kansas farmers and rural leaders told the U.S. Senate committee drafting the new Farm Bill that the federal crop insurance program is ... More Midwest News Southeast Florida Targets Check Cashing Firms for Aiding Workers’ Comp Fraud Florida officials, law enforcement officers and trade groups are lining up in an effort to stop checking cashing companies from ... North Carolina’s Hickory Point: Small Towns, Big Floods For Mavis Powers, a lifetime of work and keepsakes were washed away when Hurricane Irene drove a 13-foot storm surge up Muddy Creek and ... West Virginia Jury Awards $7 Million in Electric Plant Explosion Death A West Virginia jury has awarded $7 million in damages to the family of a worker killed in a 2007 explosion at an American Electric Power ... Tobacco, Poultry Among North Carolina Farm Losses from Irene North Carolina farmers felt the financial weight of Hurricane Irene's winds and heavy rains Sunday as inspections following the storm ... Main Street Group Promotes 3 Officers The Main Street America Group has promoted three officers. The Jacksonville, Florida-based company has tapped Steve Peeters to serve as the ... More Southeast News South Central Texas Supreme Court: Bad Faith Claim Inconsistent with Worker's Comp The Texas Supreme Court has concluded that while bad faith claims against workers' compensation carriers are not permissible under the ... Arkansas Outlines 'Home State' Rules for Nonadmitted Insurance Arkansas has issued guidance for insurance companies and brokers on premium tax payments for nonadmitted, or excess and surplus, insurance. ... More South Central News West Lawyers Claim Montana Workers’ Compensation Investigators Violate Privacy Two Billings attorneys are asking the Montana Supreme Court to stop workers' compensation investigators from practices that they say ... Oregon Wildfires Threaten Homes Weather conditions improved for firefighters trying to contain a 45,000-acre grass fire in central Oregon, after red flag warnings expired. ... More West News International Tropical Storm Katia Forms in Eastern Atlantic The Miami-based National Hurricane Center is currently tracking Tropical Storm Katia, which formed earlier today out of tropical depression ... Typhoon Nanmadol Departs Taiwan, Heads for China Typhoon Nanmadol headed to southeastern China on Monday after dumping more than 20 inches (half a meter) of rain in southern Taiwan, where ... Swiss Re Analyzes Effects of Economic Crisis on Nordic Insurance Market Swiss Re, as host of its Nordic Risk & Insurance Summit (NORIS™) conference, warned that the "economic environment in the wake of the ... Travelers Promotes Lloyd’s Syndicate 5000 Underwriters Travelers announced a series of promotions within Travelers Syndicate Management Ltd. (Syndicate 5000), the company's Lloyd's ... Ratings Roundup: MS Frontier, Abu Dhabi National A.M. Best Co. has affirmed the financial strength rating of 'A' (Excellent) and issuer credit rating of "a+" of Bermuda-based MS ... More International News Join the Insurance Journal Network Insurance Journal TV What's in a Name? Unitrin CEO Southwell Says A Lot A legendary insurance company name is back in the headlines. Unitrin Inc. has taken the Kemper... Watch Now Brokering the Hot Cyber Liability Market With data breaches in the news, cyber liability insurance is gaining recognition. The market... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Book recommendation for starting an agency? Posted: Tue Aug 30 -- In addition to reaching out to different agency owners for advice/counsel/mentoring, etc., you may wish to look at the publications offered... Rainmaker Preparing for the New York State brokers' license exam Posted: Mon Aug 29 -- Can anyone please recommend study material to use in preparing for the second exam for the NY State licensing requirement for insurance... John J90 CIBA Insurance purchasing group...Help Posted: Sat Aug 27 -- While I am hoping Hurricane Irene doesn't cause significant damage to the east coast, I am curious to see what will happen if some of these... HOA Expert GMAC AUTO IN CA Posted: Sat Aug 27 -- Had them for 2 years before I switched to GEICO. Very good customer service and very easy for claims. Thing is their prices are jacked up. I... London946 Why Would an Agency Retain Trust Account Service? Posted: Fri Aug 26 -- Is anyone aware of a resource that provides a listing of the States that need a Premium Trust account for agents? Thank you for your... Needtoknow Go to Forums Reader Comments Alabama Funeral Home to Pay $1 Million for Body Mixup Posted: Tue Aug 23 -- this sounds excessive for a innocent mistake. so the families can get rich and don't have to work just because of a simple mistake. agree,... wudchuck Insurer Sued for Refusal to Hire North Carolina Man in Drug Program Posted: Tue Aug 23 -- So, we're not free to hire or not hire whomever we wish in this country. Ergo, we're not free. Time to change the Star Spangled Banner... Bill Two Brothers Face Trial for Murder-for-hire Insurance Fraud Scheme Posted: Wed Aug 24 -- This is so despicable.. and by a pastor no less. If you can't even trust your pastor... what has the world come to? Kathy California Surfboard Maker Faces Product Liability Claim Posted: Mon Aug 29 -- Anyone in action sports will be injured at one time or another. It's part of the game. What surfer hasn't been cut by his fin or hit in the... OC agent Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue The Insurance Journal Satire Issue! News that never happened. Features you won't forget. Plus reader submissions, fake statistics, made-up mergers and lots more. More Newsletters Choose Newsletters Daily Headlines Weekly Reader Picks Magazine Update Insurance Journal TV Classifieds Breaking News MyNewMarkets Daily Claims Daily Enter Your E-mail Market Directories Excess & Surplus Markets Programs Workers' Comp Markets New Insurance Jobs Claims Adjuster Sales/Marketing Rep MS Marketing Rep Have a job opening? List it on our Web site. How to Advertise For information about advertising on this newsletter and Insurance Journal magazines, contact Julie Tinney at (800) 897-9965 x148. View our Media Kit for advertising options in our magazines and online properties. Subscribe | Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2011 by Wells Publishing, Inc.

Insurance Journal TV: Managing the Risks of Summer Festivals

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August 30, 2011 Feature Video Managing the Risks of Summer Festivals Crowd control, stage collapse, food safety - these are concerns facing carriers that insure summer festivals. In a recent interview with Claims Journal, Paul Holehouse, senior... Watch Now Popular Videos Brokering the Hot Cyber Liability Market The Expanding Use of Catastrophe Models More Insurance Videos Watch InsuranceJournal.tv Subscribe to our iTunes Channel Subscribe | Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2011 by Wells Publishing, Inc.

Daily Headlines: Monday, August 29, 2011

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August 29, 2011 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Irene Insured Losses Significant But Figures Still Uncertain Hurricane Irene is expected to have caused substantial property losses, though figures are still hard to come by because of uncertainty ... Irene Floods Northeast; Manhattan Spared Worst Hurricane Irene swept through Manhattan Sunday but reserved the worst of its fury for towns and suburbs up and down the northeastern United ... Unhappy Investors Want Bank of America Mortgage Case Moved to Federal Court Investors objecting to Bank of America Corp.'s $8.5 billion settlement of claims over losses on mortgage-backed securities are seeking to ... Pending Patent Reform May Not Bring Much Lawsuit Relief U.S. Congress is tantalizingly close to passing patent reform that President Barack Obama has hailed as an economic booster, but the ... Judge Allows Punitive Damage Claims for Gulf Oil Spill to Move Ahead Plaintiff lawyers claimed a victory on Friday when a U.S. federal judge overseeing hundreds of lawsuits against BP and others over last ... U.S. to Reimburse States for Most of Irene’s Damage Hurricane Irene could cost U.S. state and local governments billions of dollars in damages, but funds from the federal government might ... Irene Damage Assessment Underway; Flood Insurance Losses Could Surge Hurricane Irene caused between $200 million and $400 million in insured losses in the Carolinas, catastrophe modeling company EQECAT said ... Investors Placed Their Bets On Hurricane Irene While people in New York and the rest of the U.S. East Coast on Friday were buying batteries and water ahead of Hurricane Irene, some ... Hurricane Irene Update: 50 Million People Could Be Affected Parts of the southeastern United States were already experiencing dangerous swells and rip tides Thursday as Hurricane Irene exited the ... Insurance Industry Mobilizes for Hurricane Irene Claims In addition to advising their policyholders on what to do to protect against Hurricane Irene, property/casualty insurers and brokers are ... Academy Blog: 878 Pages of Insurance Knowledge and Information Insurance Journal's Academy of Insurance has researched, written, and published five books... Hurricanes May Be Catalyst for Insurance Rate Increases Hurricane Irene, the first hurricane to hit the United States in three years, could be the catalyst the insurance industry has been seeking... More National News East New Jersey Suffers Widespread Damage from Irene Hurricane Irene swept along the New Jersey shore early Sunday, knocking down trees, leaving thousands of people without electrical power ... New England Coast Weathers Irene; Inland Flooding, Power Outages Major Concerns As Tropical Storm Irene churned up the eastern seaboard it left many of New England's coastal states relatively unscathed, while inflicting ... Vermont Battles Extensive Flooding Following Irene Vermont residents battled epic flooding Monday after the remnants of Hurricane Irene set off the state's worst flooding in nearly 40 years, ... Earthquake Showed Difficulties of Evacuating D.C. The nation's capital has prepared for emergencies with sleek communication systems, intelligence fusion centers and chemical detention ... Two Defendants Spared Prison in Rhode Island Insurance Scheme A federal judge on Thursday spared an ex-Rhode Island radio host and a former North Providence politician prison time for their roles in a ... Some Fraud Counts Dismissed Against Pennsylvania Fire Chief and Wife A judge has dismissed insurance fraud charges against a southwestern Pennsylvania fire chief and his wife accused of stealing about $20,000 ... Ahearn Returns to William Gallagher Lynne Ahearn has rejoined insurance broker William Gallagher Associates in Boston as a senior vice president. Ahearn brings 20 years of ... More East News Midwest Ohio Workers’ Comp Bureau Proposes Job Creation Plan The Ohio Bureau of Workers' Compensation has proposed an economic development initiative with the goal of creating jobs in that state. ... Michigan Court Backs Emotional Damages in Home Loss Due to Oil Four hundred gallons of heating oil in the basement? The Michigan appeals court says that's distressing. The court has upheld a $100,000 ... Neace Lukens Promotes Devine to Northern Region Leader Insurance broker Neace Lukens has promoted Tim Devine to northern region leader. In this new role, Devine will oversee the growth and ... Law Helps Illinois Patients Denied Insurance Claims Illinois Gov. Pat Quinn has signed legislation to beef up protections for consumers who want to appeal health insurance claim denials. The ... More Midwest News Southeast Kentucky Workers’ Compensation Rates Continue to Drop Kentucky regulators have approved the sixth straight reduction in workers' compensation loss cost rates. Kentucky Insurance Commissioner ... Irene Inflicts Only Minor Damage in South Carolina Hurricane Irene spun away from South Carolina on Saturday, leaving behind only minor damage and residents breathing a sigh of relief. The ... Insured Losses from Hurricane Irene in Carolinas Could Reach $400 Million Hurricane Irene caused between $200 million and $400 million in insured losses in the Carolinas, catastrophe modeling company Eqecat said ... More Southeast News South Central Louisiana Citizens’ Bond Rating Upgraded Fitch Ratings has upgraded the bond rating of Louisiana's property insurer of last resort. State Insurance Commissioner Jim Donelon ... Filing Aims to Reduce Oklahoma Workers' Comp Rates Oklahoma Insurance Commissioner John Doak announced the National Council on Compensation Insurance Inc. (NCCI) has filed to reduce ... 6 Years After Katrina, New Orleans’ Lower 9th Ward Still Bleak In New Orleans' Lower 9th Ward, the grasses grow taller than people and street after street is scarred by empty decaying houses, the lives ... More South Central News West Pacific Coast Towns Rethink Tsunami ‘Vertical’ Evacuation Options When the next devastating earthquake strikes off the Northwest coast, it is expected to send a tsunami so fast that it could leave coastal ... California Surfboard Maker Faces Product Liability Claim A surfer has filed a product liability lawsuit against a California surfboard manufacturer because the too-sharp fin sliced his leg. The ... Colorado Says It Has No Funds to Aid Earthquake Victims Colorado officials say they have no money to help earthquake victims in southern Colorado. Department of Local Affairs spokeswoman Linda ... Settlement Reached in California Roller Coaster Injury Knott's Berry Farm has reached a confidential settlement with a 12-year-old boy who was injured on its Xcelerator roller coaster when a ... Momentous Insurance Brokerage Partners With Archer Weiss Van Nuys, Calif.-based Momentous Insurance Brokerage entered into a partnership to become an exclusive partner of business and ... More West News International 8 Dead as Typhoon Nanmadol Slams Northern Philippines Slow-moving Typhoon Nanmadol remained dangerous Sunday despite weakening as it struck the tip of the mountainous northern Philippines, ... Forecasters Track Additional Storms The forecasters at the National Hurricane Center in Miami aren't getting a great deal of rest these days, as the 2011 hurricane season ... AIR Estimates Irene Insured Caribbean Losses at $500 Million to $1.1 Billion AIR Worldwide has estimated that insured losses in the Caribbean from Hurricane Irene will be between $500 million and $1.1 billion. AIR ... P/C Industry ‘Adequately Capitalized’ Says Best, Despite Irene Losses A.M. Best has begun an assessment of the potential financial impact Hurricane Irene's passage through the Caribbean and up the East coast ... Swiss Re Applies for Local Reinsurance Registration in Brazil Swiss Re announced that it has submitted an application to Brazil's Superintendence of Private Insurance (SUSEP) for a local reinsurance ... Willis Develops Coverage for Nuclear Exclusion Risk Willis Group Holdings has developed a new insurance product to cover business interruption costs for companies with key locations, ... More International News Join the Insurance Journal Network Insurance Journal TV What's in a Name? Unitrin CEO Southwell Says A Lot A legendary insurance company name is back in the headlines. Unitrin Inc. has taken the Kemper... Watch Now Brokering the Hot Cyber Liability Market With data breaches in the news, cyber liability insurance is gaining recognition. The market... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums CIBA Insurance purchasing group...Help Posted: Sat Aug 27 -- While I am hoping Hurricane Irene doesn't cause significant damage to the east coast, I am curious to see what will happen if some of these... HOA Expert Online Auto Insurance Quote Process Posted: Sat Aug 27 -- I recently, against my better judgment, obtained a quotation from several online direct company websites. Because one of them may not have... mhutch69 GMAC AUTO IN CA Posted: Sat Aug 27 -- Had them for 2 years before I switched to GEICO. Very good customer service and very easy for claims. Thing is their prices are jacked up. I... London946 Why Would an Agency Retain Trust Account Service? Posted: Fri Aug 26 -- Is anyone aware of a resource that provides a listing of the States that need a Premium Trust account for agents? Thank you for your... Needtoknow CA Auto paperwork retention Posted: Wed Aug 24 -- Just wondering what sets of signed docs does eveyone keep on file for auto policies in CA? JAM Go to Forums Reader Comments Alabama Funeral Home to Pay $1 Million for Body Mixup Posted: Tue Aug 23 -- this sounds excessive for a innocent mistake. so the families can get rich and don't have to work just because of a simple mistake. agree,... wudchuck Marsh Executive Sues Spitzer for $60 Million Over Slate Column Posted: Mon Aug 22 -- All you X-Marsh-ens - can you say "Class Action"?? tanked 401 Insurer Sued for Refusal to Hire North Carolina Man in Drug Program Posted: Tue Aug 23 -- So, we're not free to hire or not hire whomever we wish in this country. Ergo, we're not free. Time to change the Star Spangled Banner... Bill Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue The Insurance Journal Satire Issue! News that never happened. Features you won't forget. Plus reader submissions, fake statistics, made-up mergers and lots more. More Newsletters Choose Newsletters Daily Headlines Weekly Reader Picks Magazine Update Insurance Journal TV Classifieds Breaking News MyNewMarkets Daily Claims Daily Enter Your E-mail Market Directories Excess & Surplus Markets Programs Workers' Comp Markets New Insurance Jobs Sales/Marketing Rep MS Marketing Rep Independent Loss Control Representatives Have a job opening? List it on our Web site. How to Advertise For information about advertising on this newsletter and Insurance Journal magazines, contact Julie Tinney at (800) 897-9965 x148. View our Media Kit for advertising options in our magazines and online properties. Subscribe | Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2011 by Wells Publishing, Inc.