Aug 16, 2011

Daily Headlines: Tuesday, August 16, 2011

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Insurance Journal Daily Headlines
August 16, 2011
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Businesses Complain of .xxx Domain Shakedown, Trademark Infringement Risk

In preparation for a new triple-x Internet domain that will launch in December, lawyers for the most storied brands in the United States ...

Internet Truckstop Adds Carrier Registration Service

Internet Truckstop, an Internet-based freight matching service in the transportation industry, has added an enhancement to the ...

Drop in Workers’ Compensation Costs Reflects Recession

The number of workers covered by workers' compensation dropped by 4.4 percent in 2009, the biggest decrease in two decades. Also, according ...

Ironshore Launches Commercial Crime Coverage Through Pembroke Syndicate

Ironshore Inc.'s Lloyd's Pembroke Syndicate 4000 has launched a commercial crime unit as an expansion of its financial lines ...

AIG Executive Schreiber Assumes Treasurer Role

American International Group Inc. (AIG) reported that Brian T. Schreiber, executive vice president, Treasury and Capital Markets, has been ...

Exclusive: Unreported Insurance Mergers

Editor's Note: This article originally appeared in Insurance Journal's Satire Issue, August 15, 2011. The content in this issue is not real ...

From MyNewMarkets.com Safe Driving Habits Pay Off for Consumers with Usage-Based Insurance Programs

The driving habits of personal auto consumers are shaping the way carriers price coverage today. Those carriers providing usage-based...
NEXT WEEK: Top 10  Things Agents do Everyday - But Shouldn't
East

Virginia ‘Guns in Bars’ Study Finds Little Effect on Crime

The number of gun crimes at Virginia bars and restaurants declined slightly during the first year of a new state law that allows people ...

Vermont Family Seeks Wrongful Death Retrial Against State Police

The family of a mentally ill Vermont man shot to death by Vermont State Police troopers is asking a federal appeals court to order a ...

Gaeta Joins Pennsylvania’s NSM Insurance

Vito Gaeta has joined NSM Insurance Group as director of Construction Programs. Gaeta previously held the position of senior underwriter ...

Jury Acquits Boston Bodybuilding Firefighter of Disability Fraud Charges

A Boston firefighter who claimed disability benefits due to a back injury but still competed as bodybuilder has been found not guilty of ...

New Hampshire Insurance Department Seeks New Logo Design

New Hampshire's Insurance Department is seeking proposals for the design of a new logo to be used on a variety of publications and items. ...
NEXT WEEK: Academy of Insurance Webinar: Do You Know EPLI?
Midwest

Judge Weighs Damages Against Indiana School Over MySpace Photos

An Indiana school district violated the First Amendment rights of two teenage girls who were punished for posting sexually suggestive ...

New Workers’ Comp Reform Linked to Illinois Trooper Crash

A new law inspired by a former Illinois State Police trooper's high-speed freeway wreck that killed two sisters bars state employees ...
Southeast

Kentucky Officials Mull Buying Flood Victims’ Properties

Officials in McCracken County are moving forward with a plan to purchase property from flood victims so that the land won't be built on ...

Hampton Joins Florida’s Stahl & Associates

Stahl & Associates Insurance in St. Petersburg, Fla. has named Hiram Hampton II as the new vice president of business development. ...
NEXT WEEK: Academy of Insurance Webinar: Using Feedback to Motivate Performance
South Central

La. First-Time Unemployment Claims Increase

First-time claims for unemployment insurance in Louisiana for the week ending Aug. 6 increased from the previous week's total. The state ...

40 Homes Destroyed in Deadly Okla. Wildfire

Residents in Pawnee County, Okla. have started to sift through the ashes following a wildfire that destroyed nearly 40 homes and may have ...
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West

Washington Insurance Commissioner Fines Health Insurer

Wshington State Insurance Commissioner Mike Kreidler has fined Regence BlueShield (Regence) $100,000 for denying contraceptive coverage to ...

Scott Joins California’s SullivanCurtisMonroe

SullivanCurtisMonroe has named Jacqueline Scott a vice president in its Irvine, California, office. The agency is focused on middle-market ...
International

Big Insurers May Escape Capital Surcharges Under Global Regulations

New rules to ensure no insurance company is too big to fail are set to be drawn up in time for the 2012 meeting of G20 leaders, although ...

Sarkozy & Merkel Face ‘Stark Choice’ in Euro Zone Talks

The leaders of France and Germany face a stark choice in talks on Tuesday over whether to begin steering the embattled euro zone towards ...

Insurance Australia Group to Acquire Stake in China’s Bohai Insurance

Insurance Australia Group Limited (IAG) announced it has agreed to acquire a 20 percent strategic interest in China's Bohai Property ...

UK’s Legal & Professional Ins. in Deal with Marsh for Small Firm Coverage

The UK's Legal & Professional Insurance has entered into an agreement with Marsh, to provide professional indemnity insurance, ...

Legal & Professional Insurance, Marsh to Offer Small Firm Professional Indemnity

Legal & Professional Insurance, a professional indemnity specialist for the legal profession, has entered into an agreement with Marsh, ...
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Insurance Journal Blogs

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Insurance Journal TV

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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...
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Brokering the Hot Cyber Liability Market

With data breaches in the news, cyber liability insurance is gaining recognition. The market...

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New Discussions in the Forums

Advice Needed - CA comp market
Posted: Tue Aug 16 -- Its pretty hard in the beginning. Try MJHALL, they are pretty good and they will take you. jack1978
Plumber/Residential Fire Sprinkler Contractor
Posted: Tue Aug 16 -- Need GL/E&O market for CA C36 licensed Plumber with C16 Fire Protection license, doing new custom homes, no tracts, with 5% of total gross... jeffpriolo
Merchant Services
Posted: Mon Aug 15 -- Hoping to get some feedback on this topic. Any recommendations, suggestions, negative/positive feedback on your experience with this... saabins
Filling out ACORD forms.. like a pro
Posted: Mon Aug 15 -- I have what some might say is a fairly straight forward question about filling out an Acord 25 form. A little background....I own a small... dsi0701
National Agents Alliance? Legit or Keep Away?
Posted: Sat Aug 13 -- Hi, I am in the pre-licensing process and my mentor is involved with NAA. I've been kind of timid about it, especially since they are... dkthebk3000

Reader Comments

West Virginia Jury Awards $91.5 Million in Nursing Home Death
Posted: Tue Aug 9 -- The award is absurd and should be appealed. Why should the family of an 87 year old woman hit the lottery with TAX FREE money? If they were... Jester
S&P Takes Action on Insurance Groups Following U.S. Sovereign Downgrade
Posted: Tue Aug 9 -- Thoughtful debate is never in the playbook of the left. As a previous poster shows, they only criticize and offer no solutions, then have... Publius
U.S. Court Rules Against Obama Healthcare Mandate
Posted: Mon Aug 15 -- How interesting life is... The Individual Mandate i.e. "personal responsibility" was touted far and wide by the Heritage Foundation, Grover... Nan
Second Court Allows Damages Suit Against Rumsfeld Over Alleged Torture
Posted: Thu Aug 11 -- Thanks, Mr. Rumsfeld, for protecting and saving the lives of many Americans. History will be the judge. Realist
Sovereign Debt Pressure Spreads to Insurers' Balance Sheets: A.M. Best
Posted: Wed Aug 10 -- LOL... Lets get real, your feeling that the US is too big not to default has the assumption that we will do something different. As Albert... Sarah

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