Breaking News: Congress Agrees on Multi-Year Flood Insurance Extension

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June 29, 2012 Breaking News Alert Congress Agrees on Multi-Year Flood Insurance Extension Read the full story The U.S. House of Representatives passed a massive bill on Friday combining funding for transportation programs, low-interest student loans, and the National Flood Insurance Program. On a 373-52 vote, the House sent the measure to the Senate for anticipated concurrence later in the day. President Barack Obama is expected to quickly sign it into law. The bill came together this week, as lawmakers calculated the election-year impact of continued gridlock on measures affecting jobs, soaring consumer debt, and help for people who need government underwriting for flood risk to buy a home. Read the full story Send to a Friend 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 © 2012 by Wells Media Group, Inc.

Daily Headlines: Friday, June 29, 2012

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June 29, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Why Chief Justice Roberts Saved Obama’s Healthcare Law In the end, it all came down to Chief Justice John Roberts, the sphinx in the center chair, who in a stunning decision wove together ... Corporate Winners, Losers Under Supreme Court Healthcare Ruling Hospitals and insurers providing Medicaid plans for the poor emerged as the main corporate winners from the U.S. Supreme Court's decision ... Actuaries Say Individual Mandate Key to Viable Health Insurance Market The U.S. Supreme Court's ruling to keep the Affordable Care Act largely intact is a step toward ensuring that health insurance markets ... Business Transitions More Risky for Lawyers: Study The practice of business transactions presents greater professional liability risk for attorneys than many other areas of practice, a new ... Fitch: U.S. Healthcare Ratings Already Incorporate Healthcare Ruling Fitch's ratings said its U.S. healthcare ratings already incorporate an expectation of full implementation of the Patient Protection and ... Markel Names New Executives for Marketing, Business Development Richmond, Va.-headquartered specialty insurer Markel Corporation announced two executive promotions for its specialty division. The company ... ACE Launches New Stand-Alone Product Recall Insurance Unit ACE Westchester, the U.S.-based wholesale-focused insurance division of the ACE Group, has introduced a new stand-alone product recall ... Study from CNA Analyzes Lawyers Professional Liability Claims The Risk Control unit of CNA insurance companies has released a study that takes a look at lawyers and the practice of business ... AIG to Revive AIG Name; Drop Chartis, SunAmerica Names: Reuters Bailed-out insurer American International Group Inc. will resume using its brand name in public in a move to recognize the company's ... A.M. Best on Court Ruling: No Effect on Most Health Insurers But Watching Small Insurers Insurance rating organization A.M. Best Co. says the U.S. Supreme Court upholding the Patient Protection and Affordable Care Act (PPACA) ... Insurance Industry Charitable Foundation to Host ‘Week of Giving’ The Insurance Industry Charitable Foundation (IICF) has expanded its traditional weeklong insurance volunteerism event in October to ... The Business of Insuring Correctional Facilities Montana State Prison inmate files suit for $2.2 million in federal court after he injures a toe when his foot got caught in a grain auger at... More National News East Penn. Gov. Corbett Says He’s ‘Disappointed’ by Healthcare Decision Pennsylvania Governor Tom Corbett said Thursday he was disappointed in the U.S. Supreme Court ruling upholding the federal healthcare law, ... N.Y. Health Plans Continue as U.S. Supreme Court Upholds Obama Law State health officials are moving forward with plans to establish an insurance exchange intended to extend coverage to some 2.7 million New ... In NYC, 17 Students a Day Sent to ER With Mental Health Issues: Study New Department of Education figures show that New York City schools made 3,600 calls to the 911 emergency system to deal with ... Zurich Appoints COO in N.Y. for Global Corporate in North America Zurich's Global Corporate in North America (GCiNA) appointed Brad Kass as chief operations officer, based in New York. In his new role, ... Chief Risk Officer Named for The Navigators Group in Rye Brook, N.Y. Rye Brook, N.Y.-based specialty insurer The Navigators Group appointed Jennifer Yang as chief risk officer. Yang will be responsible for ... More East News Midwest Drought Brings Back Memories of 1988 Crop Losses Just one year ago Jeff Scates saw the worst flooding on his southern Illinois farmland since 1937. Today, Scates is watching his corn ... Habitat Plans Building Blitz in Indiana Tornado Zone Habitat for Humanity organizers are planning a construction blitz to build 19 new houses for southern Indiana families who lost their homes ... Iowa Court Backs $1.2M Fine Over Disabled Workers’ Pay A court is upholding a $1.2 million state fine for labor violations committed by a Texas labor broker who underpaid dozens of mentally ... Former Fugitive Doctor in U.S. Custody, Facing Fraud A doctor who spent a dozen years on the run from federal fraud charges in Illinois has been returned to the United States from Peru. ... Lawmaker Says Nebraska Has Time for Health Exchange A Nebraska lawmaker who has led the push to create a state-based marketplace for health insurance says officials must move quickly and seek ... More Midwest News Southeast OSHA Targets West Virginia Construction Worksites The federal Occupational Safety and Health Administration is launching what it calls a ``no-notice'' campaign in West Virginia this summer ... Chartis’ Kinsey Joins Fireman’s Fund as Eastern Personal Lines Executive in Florida Fireman's Fund Insurance Co. has appointed Joe Kinsey to the position of high net worth personal insurance executive for the eastern ... State Farm Seeks 14.9% Jump in Florida Property Insurance Rates Florida's third largest property insurer is seeking a statewide average 14.9 percent increase in property rates as part of a plan to ... More Southeast News South Central Devall to Lead London Business for Crawford’s U.S. Property/Casualty Unit Longtime London market executive James B. Devall has joined Crawford & Co. in its Dallas office to lead the company's London-fronted ... Louisiana Officials' Reaction to Health Ruling Mostly Negative Louisiana officials weighed on the June 28 Supreme Court ruling upholding President Barack Obama's health care law. A look at some of the ... Texas Governor Derides Supreme Court Ruling on Health Care Texas Gov. Rick Perry is calling the U.S. Supreme Court's decision to uphold the vast majority of President Barack Obama's health care ... Oklahoma’s Delegation Reacts to Health Care Ruling Republican members of Oklahoma's congressional delegation are decrying the U.S. Supreme Court's decision to uphold the federal health care ... Arkansas Moving Forward With Plans After Health Ruling Arkansas' insurance commissioner says the state is moving forward with its plans to implement the federal health care law after the U.S. ... More South Central News West President Declares Major Disaster for Colorado President Barack Obama declared a major disaster in Colorado late Thursday, making funds available for two large fires in the state which ... Stockton, California’s Insured Debt Proves Alluring About half of the $700 million of debt issued by bankrupt Stockton, California, is insured and a few traders have carried on some ... Another Dust Storms Blows Through Phoenix Area Another dust storm has blown through the Phoenix metropolitan area and parts of southern Arizona. Wednesday evening's storm came on the ... Jones Praises Supreme Court, Calls for Health Rate Reviews California Insurance Commissioner Dave Jones praised the U.S. Supreme Court's decision on Thursday to uphold the Affordable Care Act – ... Colorado Fire Threatens Thousands of Residences The Waldo Canyon Wildfire in Colorado in the state's second most populous city has reportedly destroyed hundreds of homes – and that ... More West News International UK Banks Face New Scandal; Barclays Boss in Peril over LIBOR Rigging Britain will expose on Friday a second scandal involving the country's banks in as many days, as Barclays boss Bob Diamond clings to his ... US Grants Iran Sanctions Exceptions to China, Singapore The United States gave China a six-month reprieve from Iran financial sanctions on Thursday, avoiding a diplomatic spat with a country ... EU Agency ENISA Calls for ‘Kick-start’ in Cyber Insurance Market Europe's citizens and businesses could benefit from better protection for their computer systems and data if the cyber insurance market ... ECB President Draghi Says EU Crisis Summit Delivered ‘Tangible Results’ European Central Bank President Mario Draghi said on Friday he was pleased with steps taken at the summit of EU leaders, including a ... Best Sees Indonesia P&C Sector Growth; Capital, Regulatory Challenges A new report from A.M. Best Co. concludes that "Indonesia's solid economy is fueling growth for a developing non-life insurance market, ... Fitch Says Bermuda (Re)Insurers Should Weather Sovereign Downgrade According to Fitch Ratings, "while insurance industry concerns factored into Tuesday's downgrade of Bermuda," it does not expect Bermuda ... More International News Sponsored Content Insurance Journal's Directory of E&S / Specialty Markets. Coming soon to inboxes, emails, and iPads everywhere! More Sponsored Content Insurance Journal Blogs BREAKING: Senate leaders strike deal on flood insurance reform In a briefing today with interested parties, the Senate Banking Committee's chairman and ranking member confirmed that Senate Majority ... More Blogs Join the Insurance Journal Network Insurance Journal TV Health/Benefits Sector Offers Potential Growth for P/C Agents Despite the uncertainty over the changes occurring in healthcare delivery and insurance... Watch Now M&As Often Come with D&O Exposures Companies must do their due diligence when acquiring foreign entities or they could end... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Do you use online leads services? Posted: Fri Jun 29 -- OldIndyAgent, you rookie, why didn't you name the 12 companies in your post? Do you even have your own agency (don't say yes if you only... rodgwag KS Premium Finance Co. Posted: Thu Jun 28 -- I need a premium finance company for a risk in KS that will allow the client to only put 10% down. Any help would be appreciated. thanks Halpert Can an employer fire an employee because their pre-convicted Posted: Thu Jun 28 -- I am no attorney, but I would suggest that depending on what the employee was arrested for, could give the employer cause? For instance, was... LadyBroker When is it time to let your staff go? Posted: Wed Jun 27 -- Isn't this one of the hardest questions? (Well, not always, sometimes they make it really easy on you to answer!) I think it's a whole... johnsharp IA start up with a twist Posted: Wed Jun 27 -- I think what he meant is that most IA's start out the same way you are proposing....there is nothing particularly new about 2 guys sharing... LadyBroker Commercial Named Non owner policy Posted: Tue Jun 26 -- JAM, what are you looking for? Commercial Non Owned Auto? LadyBroker National Agents Alliance? Legit or Keep Away? Posted: Tue Jun 26 -- Hi, I was with NAA for about 2 years. I did learn a lot about sales but at a cost. I never did make any real money and I did consistently... cecnjohn Email Marketing List Provider Posted: Tue Jun 26 -- Hello, I would like to purchase a data base for a particular industry and market our insurance services. Has anyone used email marketing... InsureTime American Family Posted: Mon Jun 25 -- Buckeyes772, gregcw gave you really good advise. It appears that he does not have a side agenda when he resonded to you. One of the things I... Eagleeye Go to Forums Reader Comments Reactions to Healthcare Ruling Coming In; What's Yours? Posted: Thu Jun 28 -- We are now a socialist country, no longer a democracy. Our founding fathers are rolling in their graves!!!!!!! csp Supreme Court Upholds Healthcare Law; Read Copy of Opinion Posted: Thu Jun 28 -- So using your logic the whole concept of self insurance is out? I fully agree that having a means by which to support the economic... Bob Republican Senator's Abortion Amendment Holding Up Flood Insurance Bill: Reid Posted: Wed Jun 27 -- Sarah, I'm a woman who is paying attention. So don't BS me with killing unborn children stuff. The birth control debate, Virginia's... Sally Anne Fannymaker Ex-N.Y. Postal Worker Pleads Guilty to $18K Workers' Comp Scam Posted: Sat Jun 23 -- Another token prosecution to give the appearance, that something is being done. This type of fraud is rampant in the USPS & costs taxpayers... Systemic risk Judge: Parents Of Child With Lung Disease Can Sue Posted: Mon Jun 25 -- This is gonna get me slammed but... did they specifically ask for a test on CF, were told they would get the test, but didn't? Were they... Frankie Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue June 18, 2012 Umbrellas - Personal & Commercial; Construction; Apartment Buildings 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 Underwriter, Employment Practices Liability or Errors & Omissions Licensed Customer Service Representative Head of Claims - Property & Casualty Carrier Management Trainee 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 © 2012 by Wells Media Group, Inc.

Daily Headlines: Thursday, June 28, 2012

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June 28, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Supreme Court Upholds Healthcare Law; Read Copy of Opinion The U.S Supreme Court today upheld the individual mandate that is the centerpiece of President Obama's healthcare reform law. The court ... Reactions to Healthcare Ruling Coming In; What’s Yours? Industry and other reactions to the U.S. Supreme Court decision upholding the Patient Protection and Affordable Care Act have been coming ... Excerpts from Supreme Court’s Healthcare Opinion Some key excerpts from the majority opinion written in National Federation of Independent Business v. Sebelius  by Chief Justice John ... Today’s Supreme Court Healthcare Ruling: Possible Scenarios, Effects The U.S. Supreme Court's ruling on President Barack Obama's 2010 healthcare law, expected on Thursday, may have wide-ranging political and ... Supreme Court to Deliver Obama Healthcare Ruling The U.S. Supreme Court is set to deliver on Thursday its ruling on President Barack Obama's 2010 healthcare overhaul, his signature ... Shareholders Sue Diamond Foods Board Over Financial Problems The board of Diamond Foods Inc. failed to properly oversee the snack food company, damaging its reputation and costing it the chance to buy ... BB&T Adds Flood Insurance to Online Offerings BB&T Insurance Services has added flood insurance to its suite of online products. Flooding is the number one natural disaster in the ... The Business of Insuring Correctional Facilities Montana State Prison inmate files suit for $2.2 million in federal court after he injures a toe when his foot got caught in a grain auger at... More National News East Medical Liability Insurer ProAssurance to Acquire Medmarc in Virginia ProAssurance Corporation, a Birmingham, Ala.-headquartered medical liability insurer,said it is acquiring Medmarc Insurance Group. Medmarc, ... Mass. Seeks Executive Pay Data From Insurers Domiciled in State The Massachusetts Division of Insurance is undertaking a detailed examination of executive compensation at insurance carriers domiciled in ... White Mountains to Acquire 2 Runoff Subsidiaries From AIG Division White Mountains Solutions Holding Co., a specialist runoff acquisition operation for White Mountains Insurance Group Ltd., is continuing ... New York Top Court Rejects Claim From Bad Investment New York's top court has rejected a request by French investors to reinstate their lawsuit over losing $43 million out of $50 million they ... After Death, Vermont Activists Demand Taser Moratorium Mental health advocates and civil libertarians are calling for a moratorium on police use of stun guns in Vermont following the death of ... More East News Midwest Federal Appeals Panel Upholds Nebraska Crash Victim’s Award A federal appeals panel on has upheld a $407,000 jury award to a Michigan man who suffered severe injuries in a crash he says was caused by ... Ex-Michigan Police Officer Getting $1M Settlement in Bias Case A former Saginaw, Mich., police officer who claimed he was fired in 2006 and discriminated against because of his race is expected to get ... Minot Releases Plan for Using Federal Flood Grants The city of Minot, N.D., released a proposal on June 26 for using nearly $68 million in federal disaster recovery grant money to help ... School Children Fundraise to Fix Vandalized Ohio Museum Months after an Ohio State University student trashed the Orton Geological Museum, an artist, a curator and elementary schoolchildren are ... More Midwest News Southeast Kentucky Insurance Chief Wants Christian Health Plan Held in Contempt A legal dispute between the state and a Christians-only health care plan is continuing to simmer after a decade of legal wrangling that has ... More Southeast News South Central U.S. Supreme Court Refuses to Review Louisiana Citizens’ Case The nation's highest court won't review rulings that require Louisiana's property insurer of last resort to pay an estimated $110 million ... Texas Construction Company to Pay $10.5M to Settle Disability Discrimination Suit Federal regulators reported that a North Texas-based construction company will pay more than $10 million to settle disability ... Hacker Who Targeted Texas DPS Pleads Guilty A hacker who targeted the Texas Department of Public Safety and other law enforcement computers then bragged about it has pleaded guilty. ... More South Central News West Idaho Juvenile Corrections-Whistleblower Lawsuit Seven employees with the Idaho Department of Juvenile Correction have filed a whistleblower lawsuit against the agency, contending that a ... Ex-Cruise Worker Files Lawsuit Against Travolta A former cruise line worker has filed a federal lawsuit in Los Angeles against John Travolta, accusing the "Pulp Fiction'' star of ... Second Colorado Wildfire Makes for 'Unprecedented" Season Following a fire that forced the evacuation of more than 32,000 people, Colorado continues to be plagued with an "unprecedented" ... Colorado's Early June Storms Among State's Most Costly New insurance claim estimates from the hail, wind and flooding that wreaked havoc on June 6 from South Denver down to Colorado Springs and ... Leavitt Central Coast Names Willis Senior Vice President Leavitt Central Coast Insurance Services named Ted Willis senior vice president. Willis has more than 32 years' experience in insurance. ... More West News International Germans Say “Nein! No! Non!” Ahead of Euro Summit EU leaders go into a Brussels meeting today, Thursday June 28, more openly divided than at any time since the euro crisis began, with ... Marsh Reports Global Insurance Prices up 1.4% in Q2; Sees Further Increases Global insurance prices are set to rise for a third consecutive quarter as the industry strives to bolster its finances after paying ... Catlin Names Huebel CEO of Canadian Unit, Other Executive Changes The Bermuda-based Catlin Group Limited announced that David Huebel will take over as CEO of Catlin Canada, effective July 3. Catlin Canada ... O’Neill Appointed as Marketform’s CEO Lloyd's insurer Marketform Managing Agency Ltd announced that Interim CEO John O'Neill has been appointed CEO with immediate effect. ... Ratings Roundup: MAPFRE PRAICO, Tunis Re A.M. Best Co. has commented that the financial strength rating of 'A' (Excellent) and issuer credit ratings (ICR) of "a" of MAPFRE ... More International News Sponsored Content Insurance Journal now available on the iPhone - Download it free today! More Sponsored Content Join the Insurance Journal Network Insurance Journal TV Health/Benefits Sector Offers Potential Growth for P/C Agents Despite the uncertainty over the changes occurring in healthcare delivery and insurance... Watch Now M&As Often Come with D&O Exposures Companies must do their due diligence when acquiring foreign entities or they could end... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Do you use online leads services? Posted: Thu Jun 28 -- Rodgwag, You should check that...I can name 12 offering direct rates, and those are just the big boys online, in the USA. If you can't find... OldIndyAgent IA start up with a twist Posted: Wed Jun 27 -- I think what he meant is that most IA's start out the same way you are proposing....there is nothing particularly new about 2 guys sharing... LadyBroker Commercial Named Non owner policy Posted: Tue Jun 26 -- JAM, what are you looking for? Commercial Non Owned Auto? LadyBroker National Agents Alliance? Legit or Keep Away? Posted: Tue Jun 26 -- Hi, I was with NAA for about 2 years. I did learn a lot about sales but at a cost. I never did make any real money and I did consistently... cecnjohn Email Marketing List Provider Posted: Tue Jun 26 -- Hello, I would like to purchase a data base for a particular industry and market our insurance services. Has anyone used email marketing... InsureTime American Family Posted: Mon Jun 25 -- Buckeyes772, gregcw gave you really good advise. It appears that he does not have a side agenda when he resonded to you. One of the things I... Eagleeye Request for Life & Health License in CA Posted: Thu Jun 21 -- Hi All! Wants to get the life & health license, but wasn't sure which one I should choose from DOI in CA (they have "life-only" and health... roycheong1031 Go to Forums Reader Comments Supreme Court Upholds Healthcare Law; Read Copy of Opinion Posted: Thu Jun 28 -- So using your logic the whole concept of self insurance is out? I fully agree that having a means by which to support the economic... Bob Judge: Parents Of Child With Lung Disease Can Sue Posted: Mon Jun 25 -- This is gonna get me slammed but... did they specifically ask for a test on CF, were told they would get the test, but didn't? Were they... Frankie Ex-N.Y. Postal Worker Pleads Guilty to $18K Workers' Comp Scam Posted: Sat Jun 23 -- Another token prosecution to give the appearance, that something is being done. This type of fraud is rampant in the USPS & costs taxpayers... Systemic risk Republican Senator's Abortion Amendment Holding Up Flood Insurance Bill: Reid Posted: Wed Jun 27 -- Sarah, I'm a woman who is paying attention. So don't BS me with killing unborn children stuff. The birth control debate, Virginia's... Sally Anne Fannymaker N.J. Woman Hit With Ball Sues Little League Player Posted: Wed Jun 27 -- If a website is started for a legal defense fund, please email me too. I would gladly contribute for a countersuit against this lady and her... UCT Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue June 18, 2012 Umbrellas - Personal & Commercial; Construction; Apartment Buildings 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 Management Trainee Business Development Associate Collectibles Licensed Insurance Representative Commercial Producer 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 © 2012 by Wells Media Group, Inc.

Breaking News: Supreme Court Upholds Healthcare Law; Read Copy of Opinion

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June 28, 2012 Breaking News Alert Supreme Court Upholds Healthcare Law; Read Copy of Opinion Read the full story The U.S Supreme Court today has upheld the individual mandate that is the centerpiece of President Obama's healthcare reform law. The court has upheld the entire Patient Protection and Affordable Care Act although it found some fault with the Medicaid expansion provision opposed by a number of states. Read the full story Send to a Friend 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 © 2012 by Wells Media Group, Inc.