Apr 5, 2012

Daily Headlines: Thursday, April 5, 2012

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Insurance Journal Daily Headlines
April 5, 2012
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Federal Healthcare Law to Aid Black Lung Victims

Proposed changes to U.S. Department of Labor rules would make it easier for coal miners and their families to obtain black lung benefits, ...

PPIB Launches Medical Directors Program

Professional Program Insurance Brokerage (PPIB) has launched a new medical directors program that offers stand alone coverage for all types ...

National Interstate Expands Transportation Program to Taxi Operations

National Interstate Insurance Co. has expanded its community & medical transportation (CMT) insurance program to include best-in-class ...

AIG May Take Airplane Leasing Unit Public in Q2: CNBC

Bailed-out insurer AIG is considering launching the initial public offering of airplane leasing business International Lease Finance in the ...

From MyNewMarkets.com One Way or Another, Healthcare Reform Will Challenge Medical Malpractice Market

The Supreme Court justices hold the fate of the Patient Protection and Affordable Care Act of 2010 in their hands, but that hasn't stopped...
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East

Workers’ Comp Insurer BrickStreet Acquires PennCommonwealth

Workers' compensation insurance provider Brickstreet Insurance has acquired a Pennsylvania company. Charleston-based Brickstreet announced ...

N.J. Crew Members Sentenced in Failed Bid to Sink Ship, Collect $400K

Two men who admitted roles in a botched attempt to sink a fishing boat to collect insurance money are now headed to federal prison. Erik ...

N.Y. Attorney General Warns Homeowners About New Mortgage Scams

New York's attorney general is warning homeowners to be alert for phone calls from people posing as bank or government officials to get ...

Damaged Mass. School Delays Reopening, Cites Dispute With Insurer

The reopening of a Roman Catholic school in Springfield severely damaged by last summer's tornadoes has been delayed because of a dispute ...

Endurance’s Chief Actuary Leaving to Take University Post in Philly

Endurance Specialty Holdings said Michael Angelina, its chief risk officer and chief actuary, will be leaving the company to take a ...
Midwest

Trucker Harassment Class-Action Suit Backfires

They were learning to become truck drivers but wound up in a nightmare. In detailed accounts to a federal agency, dozens of female ...

A.M. Best Affirms Ratings of Western Surety Group and Members

A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of "a" of Western ...

Minot, North Dakota, Mayor Says More Federal Flood Money Needed

Federal flood recovery aid is not enough to meet the needs of Minot and Burlington, N.D., as they recover from record Souris River flooding ...
Southeast

Workers’ Compensation Upheld for North Carolina School Principal Shot in Face

The state Court of Appeals has upheld a decision awarding workers' compensation to a middle school principal shot in the face in 2009. The ...

Judge Denies Kentucky Student’s Damages Claim in Free Speech Case

A federal judge has ruled that a former University of Louisville nursing student waived her free speech rights by signing an honor code and ...
South Central

Tornado-Wrecked Dallas Begins Assessing Damage

The tornado hurtled toward the North Texas nursing home. Physical therapist Patti Gilroy said she saw the swirling mass barreling down ...

Texas Police Say Austin Shoplifting Ring Shattered

Texas police say they've smashed an international shoplifting ring that pilfered such goods as laundry detergent, batteries and cosmetics ...

In Settlement, Louisiana Town Pays $395K in Back Pay to Firefighters

About 35 current and former City of Ruston, La., firefighters are resting a little easier after the Board of Aldermen finally approved the ...
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West

Colorado Death After Emergency Wildfire Calls Questioned

Sam Lucas was among the first to call about a wildfire burning near his Colorado home. But the busy emergency dispatcher cut him off, ...

$581K Study to Look At Safety On Las Vegas Strip

Elected officials concerned about safety and the image of the Las Vegas Strip are funneling $581,000 in hotel room tax money into a ...

CEA and Red Cross Combine Forces to Raise Awareness

In what those involved say may bring about many more such pairings, the California Earthquake Authority and the American Red Cross have ...

Fishermen Settle Suit With Pacific Seafood in Oregon

Fishermen who alleged that an Oregon company used its size to hold down the prices it paid for seafood have settled their suit and won't ...
International

Climate Contrarian Case Wilts as More Studies Confirm Warming Trends

A clutch of recent studies reinforces evidence that people are causing climate change and suggests debate should now move on to a more ...

China P&I Club to Stop Indemnity Coverage for Tankers with Iran Oil

Key ship insurer, China P&I Club, will halt indemnity coverage for tankers carrying Iranian oil as of July amid tightening Western ...

London Market Group Notes Improvements in Electronic Claims Capabilities

The improving performance in claims handling in the London market has been underscored with the introduction of Electronic Claims File 2 ...

Cooper Gay Swett & Crawford Reports 2011 Earnings of $344 Million

Cooper Gay Swett & Crawford (CGSC), the global wholesale and reinsurance brokerage group, has released strong results for the year ...

Best Downgrades Brit Insurance Ratings; Placed on Review/Negative

A.M. Best Europe – Rating Services Limited has downgraded the financial strength rating to 'A-' (Excellent) from 'A' (Excellent) and the ...

Best Announces Rating Actions on NZ’s ‘Old’ & ‘New’ AMI Insurance

A.M. Best Co. announced rating actions on both New Zealand's AMI Insurance Limited, or the old AMI, and AMI Insurance (Operations) Limited, ...

Willis Japan Appoints Enomoto New Retail CEO

Willis Group Holdings has appointed Yoshihide 'Dean' Enomoto as President and CEO of its retail brokerage business in Japan. The ...

Cooper Gay Names Calverley New Managing Director for Australia

Cooper Gay Australia, the Sydney based reinsurance broker, announced that Jon Calverley will be assuming the responsibilities of managing ...

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New Discussions in the Forums

looking for feedback/advice please....
Posted: Thu Apr 5 -- Thank you very much for the reply. I did read quite a bit online about being a Farmers agent. There is a ton of bad stuff and also a few... bjwestner
Acord forms mapping to Acord Certificates
Posted: Thu Apr 5 -- I need the information which Acord Forms can be mapped to Acord 22 and Acord 23 Certificates E.g. I know couple of sections on Acord 125 can... akash1233
Lab techs in Ca for Comp
Posted: Wed Apr 4 -- Need work comp for lab techs that go from dr offices performing lab tests. I assuming class code as doctors-8834 Physicians. Payroll... trotter
One stop shop MGA
Posted: Wed Apr 4 -- can you recommend any brokers? thanks mattnewtonberger
workcomp ca metal mfg 3066 code
Posted: Wed Apr 4 -- With no prior, its going to be tough. SCIF or Chartis might be your best bet. 1st Comp used to write them but Im not sure if they do new... ocbroker
ADA Violations
Posted: Wed Apr 4 -- This could be a problem if on the application for the EPLI 3rd party insurance there is a question "Is your facility designed to be ADA... Rock54
Lessor Risk liability vs tenant liability
Posted: Tue Apr 3 -- The reason for the tenant liability is so the owner does not have to use their insurance. There are adverse consequences when the owner's... Rock54
Personal Quake Insurance - CA
Posted: Tue Apr 3 -- If Travelers is writing the Home why not add the earthquake through them? They offer it on new business and afterwards every other renewal.... JAM

Reader Comments

Santa Fe Sues Aeropostale For Not Paying Living Wage
Posted: Tue Apr 3 -- Aeropostale should close the store and then no one will be forced to work there any longer. Darren
Nix the Tape on Home Windows, Say Hurricane Officials
Posted: Thu Mar 29 -- But in the event of a terrorist chemical or biological attack, duck tape your windows! LOL Silly Wabbit
FDA Denies Ban on Chemical BPA Used in Baby Bottles, Food Packaging
Posted: Mon Apr 2 -- Why do people always jump to the conclusion that just because something causes cancer or mutates their children that it's a bad thing? Anejo
BP Claims U.S. Hiding Evidence on Size of Gulf Oil Spill
Posted: Fri Mar 30 -- Obama's crew guessedamated the volume of the oil spill based on the cloud of oil in the water, not by the specific quantitative content of... anon the mouse
Broker Admits Funneling Over $1M in Bribes to N.J. School Official
Posted: Wed Apr 4 -- Just think how much the premium had to be for this school district in order for this to happen. Most school districts put their insurance... Agent

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