Daily Headlines: Friday, September 9, 2011

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September 9, 2011 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National 9/11 and Terrorism Risk 10 Years Later The Sept. 11, 2001, terrorist attacks forever changed how the insurance industry views terrorism risk, says Robert Hartwig, president of ... Court Tosses Virginia Challenge to Healthcare Law  A U.S. appeals court handed President Barack Obama a victory for his signature healthcare law Thursday, ruling against challenges by the ... Why 9/11 Changed Everything Since 9/11, no other single event has had such a profound and resonant effect on our expectation of national security. Prior to these ... Edwards Named Healthcare Practice Leader at Wells Fargo Insurance Services Chicago-based Wells Fargo Insurance Services USA Inc. named Theresa G. (Terri) Edwards national healthcare industry practice leader. Based ... Real Time/Download Campaign Names Sigler Co-Chair Independent agent Joyce Sigler has been named co-chair of the Real Time/Download Campaign. Sigler is vice president of administration at ... Cornerstone Underwriting Partners Launches WC Program for PEO Industry Cornerstone Underwriting Partners, LLC (CUP), a nationwide underwriting management company and program administrator that works exclusively ... Ironshore Specialty Casualty to Provide Excess Coverage to NBIS Customers Ironshore Inc.'s Specialty Casualty unit has introduced a program to provide excess coverage for NationsBuilders Insurance Services ... 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... More National News East Mass. Atty. Gen. OK’s Proposed Ballot Questions; Insurance Reg Included Nearly all of the proposed questions for Massachusetts' 2012 state ballot have been given preliminary approval. Attorney General Martha ... Maryland Brothers Acquitted in Alleged Murder-for-hire Plot Two brothers accused of carrying out the slaying of a blind and mentally disabled man as part of an insurance scam have been found not ... O’Brien Joins Aon as Upstate New York, New England Resident Sales Director Aon Risk Solutions, the global risk management business of Aon Corp., announced that Philip O'Brien has been appointed resident sales ... More East News Midwest Aon eSolutions Names Young Senior VP of Global Product Management Chicago-based Aon eSolutions appointed Ronald Young as senior vice president of global product management. Young is a veteran in the ... Accused North Dakota Insurance Agent Loses State License A Fargo, N.D., insurance agent accused of using client money for personal matters has lost his state license. North Dakota Insurance ... Michigan Chamber of Commerce: Reforms Needed to Protect No-Fault Auto Insurance The Michigan Chamber of Commerce announced a study showing significant reforms are needed to protect Michigan's no-fault automobile ... More Midwest News Southeast North Carolina County to Buy Flood-Damaged Homes Mecklenburg County in North Carolina plans to buy more than a dozen homes damaged by flooding last month. County commissioners saidthey ... Ex-Rep. Lacasa to Chair Florida’s Citizens Board Former state Rep. Carlos Lacasa of Miami is the pick to become the next chairman of the board that oversees the operations of the ... More Southeast News South Central Louisiana Court Orders Injunction Against Insurance Fraud Ring Insurance regulators in Louisiana say a court has ordered a permanent injunction against members of an insurance fraud ring, banning them ... Oklahoma Seeks Waiver on Health Care Insurance MLR Requirement Oklahoma Insurance Commissioner John Doak is seeking a waiver on a major provision of the federal Patient Protection and Affordable Care ... More South Central News West Power Restored to Most After Big California, Arizona Blackout Power companies in Southern California restored electricity to most customers by early Friday after a massive blackout on Thursday left ... Western Heritage Promotes Washington Western Heritage Insurance Co. has promoted Anthony Washington from vice president of underwriting to president. Washington replaces ... More West News International Swiss Re Report Estimates 2011 First 6 Months Cat Losses at $70 Billion Preliminary estimates from Swiss Re's newly released sigma report indicate that "total insured losses for the global insurance industry ... UK Government to Ban Personal Injury Referral Fees The UK government has come down on the side of the country's insurance industry with its announcement from Justice Minister Jonathan ... UK Managing General Agents Launch Official Representative Association The Managing General Agents' Association (MGAA), a non-profit making organization founded to represent UK Managing General Agents, was ... Aon Benfield Study Finds Reinsurer’s Capital Recovers in Q2 from Q1 Losses Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp. has released the latest edition of its Aon Benfield ... Allied World Finds $80 Million in New Synergies with Transatlantic Merger Allied World Assurance Company Holdings, AG has announced "significant new merger-related synergies that can be achieved through the ... Bermuda Signs Tax Agreement with South Africa Bermuda's Premier and Minister of Finance the Hon. Paula A. Cox has announced the signing of a bilateral Tax Information Exchange ... Allied World Appoints Fleischmann as New VP for Direct Underwriting Allied World Assurance Company Holdings, AG announced that Kurt Fleischmann has joined Allied World Europe as Vice President, General ... More International News Join the Insurance Journal Network Insurance Journal TV 9/11 and Terrorism Risk 10 Years Later The September 11 terrorist attacks in the united states forever changed how the insurance... Watch Now 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 Watch more videos at InsuranceJournal.tv New Discussions in the Forums Attorney considering CPCU- thoughts? Posted: Thu Sep 8 -- I have also studied for the CPCU and recommend it. It will be a reflection of your dedication to the industry. It is time consuming though.... John J90 Direct carriers muscling us out of the market? Posted: Thu Sep 8 -- Everybody else's mileage may vary, but I've had it with the guru's who tout that merely by setting up and maintaining a facebook or twitter... d's insurance store National Agents Alliance? Legit or Keep Away? Posted: Thu Sep 8 -- Since I am currently looking to get into the mortgage insurance field, I have a sincere observation to share after reading all of these... voyman Super Newbie Posted: Wed Sep 7 -- Hey Guys/Gals, I would super appreciate some advise on getting into this field, I'm 39 years and and have always wanted to be a... rjamruiz Insurance agencies for sale ? Posted: Wed Sep 7 -- Thanks, if you happen to know of anyone looking to sell. Please refer them to me, I can e-mail you my contact info. Thanks again Mr. Jones CoJones Book recommendation for starting an agency? Posted: Tue Sep 6 -- some books I recomend - for your sales force - The Wedge (Randy Schwantz) / You cant Teach a kid to ride a Bike at a Seminar - David H... charlie@beacon Taxi Cab Insurance FL Posted: Tue Sep 6 -- We are an independent agency in the Tampa area looking for competitive markets for taxi cab/livery risks. Anyone know of any carriers or... LindseyFBQ Homeowners w/o Social Security # Posted: Tue Sep 6 -- Obviously there are government regulations so I'm not asking for a lecture. These are perfectly legal loans that are made using an ITIN... Halpert Agency Management System Posted: Tue Sep 6 -- Salesforce does have accord forms now, one of the things added to make the system more insurance agent friendly. I only know one agent that... Tron Go to Forums Reader Comments Connecticut Asks Insurers to Waive Storm Deductibles for Irene Damages Posted: Tue Sep 6 -- The new vanishing deductible? Curious Nebraska County Must Pay $407K in Car Crash Lawsuit Posted: Wed Sep 7 -- I guess the guy will next be going after the gravel company for not selling the county non-slip gravel. jmc Jury Awards Student $50K in Tennessee University Rape Case Posted: Tue Sep 6 -- I was actually young once and even then I knew that if I got messed up on alcohol and meds, the outcome would not be good. The young woman... Waterbug White House Requests $5.2B in New Disaster Funds Posted: Wed Sep 7 -- here is a thought...... how about diverting some of the foreign financial aid to our own disaster funds? AS States Offer U.S. Banks Deal Over Mortgage Lawsuits: Financial Times Posted: Tue Sep 6 -- So these banks can just make a payment to these states and it will go away. Why are these perpetrators not in jail like Bernie Madoff for... 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