Today's Headlines National A report by the Consumer Federation of America (CFA) raises concerns that computerized claims systems used by many of the nation's ... Nasdaq OMX Group Inc. said it will offer cash and rebates totaling $40 million to compensate clients affected by the problems with Facebook ... A $275 million settlement has been reached in a nationwide shareholder lawsuit stemming from the near-collapse of the former Wall Street ... Insurers' reserves were redundant at year-end 2011 by $11.7 billion – or 2 percent of total booked reserves – compared with $22.0 ... A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating (FSR) of 'A' (Excellent) ... A.M. Best Co. has removed from under review with negative implications and upgraded the issuer credit rating (ICR) to "a+" from "a" ... The National Society for Insurance Premium Auditors (NSIPA) announced a new slate of officers at its annual seminar at the Paris Hotel in ... Several years of construction equipment and cargo theft claims have some carriers in the inland marine and equipment insurance classes...  East When people think of hurricane damage they usually think of Miami or New Orleans, but a new report suggests the greatest financial risk of ... The Insurance Industry Charitable Foundation (IICF) is planning to expand its volunteer and charitable services to the Boston and New ... The Roman Catholic Archdiocese of Philadelphia spent $11.6 million on legal fees in the past two fiscal years, most of it on priest sex ... Stahlka Agency, an independent insurance agency and member of the EMS Group, based in Williamsville, N.Y., acquired the Western New York ... Six years ago, Lorena Martinez arrived in Hartford, Conn., seeking opportunity. A native of Peru, able to speak little English, Martinez ...  Midwest Arthur J. Gallagher & Co. has acquired Grossman & Associates Inc. in Beachwood, Ohio. Terms of the transaction were not disclosed. ... A woman who was accused of stealing almost $17,000 from the Devils Lake, N.D., insurance agency where she worked has been given a one-year ... A Polk County, Iowa, judge ordered a West Des Moines contracting company to reimburse dozens of customers more than $160,000, barred the ... Southeast Last year was the wettest on record in Kentucky going back to 1895, bringing widespread flooding last spring in some areas. But state ... The days of legally driving while texting in West Virginia are numbered. A new ban on texting that also targets hands-on cell phone chatter ...  South Central A last-minute provision added to legislation headed to the governor's desk will give some relief to coastal property owners who get ... Forecasters say storms that swept Arkansas on June 3 and 4 included at least one tornado, which touched down southwest of Carlisle in ... Broussard, La., officials say the city's fire department will continue to respond to calls in rural Lafayette Parish, but city-parish ... West The Whitewater-Baldy Complex fire in New Mexico's Gila National Forest is now 30 percent contained, according to an official fire report ... Washington State University has agreed to pay $650,000 to settle a racial discrimination lawsuit brought by two former employees of Chinese ... Menlo Park, Calif.-based McGraw Group of Affiliated Cos., which includes Pacific Specialty Insurance Company (PSIC), named Brian Cohen ... A disabled man has filed a lawsuit against Fullerton police, saying he was abused by the same officer charged in the beating death of a ... Pacific Gas & Electric is checking for leaks in 180 segments of its natural gas pipeline system which may be vulnerable to corrosion, ... Atlas Financial Holdings, Inc. has started selling its core commercial automobile insurance products in Utah, becoming the 31st state where ... Editor's Note: Stay tuned for updates with more on the judge's opinion, comments from attorneys, as well as legal analysis. A judge has ... Workers' compensation medical costs in California were boosted by nearly $67.5 million in 2010 due to loophole in the law that allows ...  International Population growth, urbanization and consumption are set to inflict irreversible damage on the planet, the United Nations said on Wednesday, ... A bulletin from A.M. Best notes that the rating agency has "been actively monitoring the financial crisis and its effects on European ... Following the rating actions taken in December 2011, A.M. Best Europe announced that it has affirmed the financial strength rating (FSR) ... A.M. Best Europe – Rating Services Limited has reviewed and maintained the under review status of the financial strength ratings of 'A' ... Willis Re, the reinsurance arm of Willis Group Holdings, announced the appointment of Kieran Angelini-Hurll as Regional Director of its ... Greenlight Reinsurance Ireland, Ltd., a subsidiary of Cayman Islands-based Greenlight Capital Re, Ltd., a specialist property and casualty ... A.M. Best Europe – Rating Services Limited has downgraded the issuer credit rating (ICR) to "a" from "a+" and affirmed the ... A.M. Best Europe – Rating Services Limited has removed from under review and affirmed the financial strength rating (FSR) of 'A' ... As Best announced in conjunction with these current rating actions, they follow a series of actions taken last December to address the ... London-based R K Harrison announced that it completed the purchase of four businesses within Gibbs Hartley Cooper (GHC), a part of Marsh ... Insurance Journal Blogs The Louisiana Legislature wrapped up their 2012 session late June 4 by passing S.B. 204 , a bill that would reinstate a partial suspension ... 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New Discussions in the Forums CA Electrical Contractor BOP/GL Posted: Thu Jun 7 -- Good point about the Wage and Hour on the EPLI. That is a material coverage deficiency for Farmers. I am actually surprised they have not... LadyBroker Agency Management System Posted: Wed Jun 6 -- The latest word on the street is that Applied is a bit higher on the purchase, but AMS is higher for support. That is just 2nd hand info, I... gforaker Maryland Broker Fees Posted: Wed Jun 6 -- Hi again, I was wondering if anyone can clarify something for me in Maryland. I have been checking on what constitutes taxable amount in... insnewbie1 Hiring a new CSR Posted: Wed Jun 6 -- Your team is the face of your agency to your prospects and clients. They represent you and everything that you work hard to build and... johnsharp Credit Card Processing Posted: Wed Jun 6 -- Anyone else? Whats are some possible hidden fees or scams to watch for? JAM Reader Comments Florida's Citizens Hears Depopulation Ideas Posted: Mon Jun 4 -- One idea. Citizens could add a disclosure on the application (similiar to the one about assesments) that reads: "There is a good possibility... SWFL Agent | Current Issue June 4, 2012 Program Directory Vol. I; Bonus: The Florida Issue (Special Supplement) 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. |
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