Nov 20, 2012

Daily Headlines: Tuesday, November 20, 2012

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Insurance Journal Daily Headlines
November 20, 2012
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Today's Headlines

National

Women with Driver's Licenses Now Outnumber Men

Women have passed men on the nation's roads. More women than men now have driver's licenses, a reversal of a longtime gender gap behind the ...

Meningitis Victims Seek to Freeze Assets of Pharmacy, Owners

A federal judge in Boston on Tuesday is expected to hear arguments on whether to freeze nearly $500 million in assets, including luxury ...

AmWINS to Offer Network Security Privacy Liability Program for Hospitals

AmWINS Brokerage of the Carolinas, through its partnership with Premier Insurance Management Services Inc. (PIMS) and Beazley plc, is now ...

From MyNewMarkets.com More Businesses Seek Government Flood Insurance After Sandy: Marsh

More businesses are expressing interest in purchasing flood insurance coverage from the National Flood Insurance Program (NFIP) in the wake...
Black Friday Deals from Academy of Insurance
East

SNL Report: Insurers Begin Issuing Sandy Loss Estimates

A number of insurers have begun issuing their Sandy loss estimates in the weeks since the superstorm devastated the East Coast. The SNL ...

Group Warns ACC Clauses Might Apply in Devastating Breezy Point Fire

When Superstorm Sandy battered the East Coast with high winds and a massive storm surge, 111 homes in the Queens, New York, neighborhood of ...

Willis: It's Not Surprising to See Sandy Loss Estimates Climbing

The price tag for Hurricane Sandy for insurers could reach $25 billion, according to a new report in The Wall Street Journal citing new ...

Aon Opens Temporary Office in Midtown Manhattan During Sandy Recovery

Aon plc announced this week that it has secured interim office space in midtown Manhattan in New York City as part of its business ...

Attorneys Discuss Possible Triggers for Business Interruption Coverage

Superstorm Sandy devastated residents and businesses in the tri-state area. With a nearly unprecedented two-day closure of the New York ...

Lloyd's America Names Northeast Region Director in Boston

Lloyd's, the world's specialist insurance market, appointed Glenn Dorr as director of Lloyd's America's Northeast region.The Northeast ...

New York Insurance Association Elects Its 2013 Officers and Directors

The New York Insurance Association (NYIA) elected its 2013 officers and board of directors at the association's annual meeting held on Nov. ...
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Midwest

Cargill Meat Solutions Fined $114K for Workplace Hazards

The U.S. Department of Labor's Occupational Safety and Health Administration has cited Cargill Meat Solutions Corp. with three safety ...

CNA Names Baumel Illinois Branch Vice President

CNA Financial Corp. has appointed Michael Baumel as the vice president for its Illinois Branch office. Baumel joined CNA in 2005 as a vice ...

Holiday Red-Ribbon Campaign Promotes Ohio Road Safety

Law enforcers around Ohio plan more than 9,700 hours of enforcement during the holidays, including 23 sobriety checkpoints statewide. State ...
Southeast

Georgia Physicans Mull Workers' Compensation-Like Plan for Medical Malpractice

Georgia physicians are debating whether to push for a state constitutional amendment to reinstate a $350,000 cap on medical malpractice ...
South Central

Louisiana Citizens Releases Nearly 7K Homeowners Policies

Louisiana Insurance Commissioner Jim Donelon announced that Louisiana Citizens Property Insurance Corp. (Citizens) has completed a sixth ...

Oklahoma Officials: 31 Citations, 11 Tows in Tulsa Auto Insurance Checks

A safety checkpoint in Tulsa County on Nov. 17 netted 31 citations for driving without auto insurance. Law enforcement officers towed 11 of ...

Buchanan Joins Roach Howard Smith & Barton as Sales Executive

Dallas-based Roach Howard Smith & Barton announced that it has added Keleigh Buchanan as a sales executive in its personal client services ...
West

Benefits Extended For Fallen Arizona Officers' Families

A recent change by Glendale, Ariz. officials will extend the city's discounted health insurance benefits for the families of police ...

Idaho's Otter May Take Another Month On Exchange Decision

Gov. C.L. "Butch" Otter will take up to another month to decide whether Idaho will build its own health insurance exchange - or opt for an ...

EPIC Adds Glass to Northern California Construction Practice

Edgewood Partners Insurance Center named Dolores Glass as a principal in their San Ramon, Calif. construction practice. Glass will be ...
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International

Global Investors Call for Action on Serious Climate Danger

A coalition of the world's largest investors called on governments on Tuesday to ramp up action on climate change and boost clean-energy ...

UN Security Council Debates Spread of Piracy

Centuries after piracy was recognized as the first international crime against humanity, its spread around the world has prompted the U.N. ...

Senior Reinsurance Execs to Join Q-Re in Establishing 'Global Franchise'

Q-Re, a subsidiary of Qatar Insurance Company (QIC), headquartered in Doha, Qatar, announced additions to a team of senior reinsurance ...

ING in New Deal with EU over State Aid, Punishment

The Netherland's based ING Groep NV has agreed to a deal with European regulators on when it will repay the remaining €3 billion ($3.84 ...

Best's Special Report on Columbia Cites Growth, Regulation

A special report from A.M. Best - "Regulation Tightens as Colombia's Insurance Market Grows and Matures -"notes that "insurance companies ...

Endurance Appoints Kuhn as CEO - Global Insurance

Bermuda-based Endurance Specialty Holdings Ltd announced that John ("Jack") Kuhn will be joining the company next week as Chief Executive ...

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Effects of Worldwide Economic Instability on American Companies

Despite a slightly improved economy here in the U.S., the global economy is not out of the...
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Big I's Bob Rusbuldt: Agents, the 2012 Election and the Fiscal Cliff

Bob Rusbuldt, president and CEO of the Independent Insurance Agents and Brokers of America,...

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New Discussions in the Forums

Automotice Diagnostic Equipment-Portable
Posted: Tue Nov 20 -- Any markets available to insure on an inland marine policy, an expensive PORTABLE piece of Diagnostic Equipment worth about $20,000 ... FARRELLS
SEO and buying back links
Posted: Tue Nov 20 -- It is always better to obtain backlinks naturally. Purchased ones don't always help if they are not on the sites that rank. NationalMCA
Astonish Results or Squid
Posted: Tue Nov 20 -- Thanks for the advice. Are you using a CRM? If so, which one and your thought on it? Thank you in advance. abenoy
Amerisure Mutual
Posted: Mon Nov 19 -- Is there an MGA/broker out there with access to Amerisure? Its a difficult market to get direct. Thanks! Halpert
Tower Erection Contractor
Posted: Mon Nov 19 -- I have a couple PEO markets that will consider that type risk for WC and possibly pay as you go GL coverage. Please give me a call to... Chad Filley
Splitting Commissions
Posted: Mon Nov 19 -- We'd be happy to work with you! Grand General Agency is a general agent with both personal and commercial lines products. We currently work... bkor3
Mgmt Systems-Nexsure vs Ebix vs Hawksoft vs OTHER??
Posted: Mon Nov 19 -- Our agency has been using Nexsure since March of 2005. You are correct - early on we had some challenges as we worked through some growing... kbitzer9
Reliable Car Insurance Quotes
Posted: Mon Nov 19 -- You should first do some search about the best car insurance providers, check their history that what is their credit... chizcurlz
Demand for Medical Payments
Posted: Sun Nov 18 -- Why are companies providing such high med pay limits nowadays with the sue happy society we are in? I see "Enhancement endorsements"... Iowa Guy

Reader Comments

President Obama Vows to Address Climate Change
Posted: Thu Nov 15 -- A little less hot air could help! Milner
Man Dies After Being Tossed From Colorado Bar
Posted: Tue Nov 13 -- any idea why this is newsworthy? It is bad enough that a bar-owner can be responsible for a patron's activity hours after they leave the... insurance mom
Ex-AIG CEO Greenberg, Starr May Appeal Dismissal of Bailout Suit
Posted: Mon Nov 19 -- Of course...Just end the fed already LiveFree
Five Republican Governors Reject State-Run Health Exchanges
Posted: Mon Nov 19 -- I know we are all eternal optimists at heart but I really think somewher down the road shortly we are going to have states trying to... LiveFree
Los Angeles County Settles Bus Accident Suit For $3.5M
Posted: Wed Nov 14 -- The award seems high. While there are no details on medical cost, inability to work, etc, $3.5 Mil for damage to one's foot seems excessive. Ruminator

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