 April 30, 2013 Feature Video
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Apr 30, 2013
Insurance Journal TV: Firemans Fund Chief Looks to Future
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Apr 29, 2013
Daily Headlines: Monday, April 29, 2013
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 April 29, 2013
East New York City Sues BP for Pension Losses Over 2010 Gulf Oil SpillNew York City said on Friday it sued BP Plc for more than $39 million of losses it claims beneficiaries of the city's pension funds ... Sandy Lesson for Business Owners: Read Policy, Keep Track of Notice ProvisionsIt's been six months since Superstorm Sandy made its landfall on the coast of New Jersey and became one of the costliest storms ever ... Mass. FAIR Plan Seeks Rate Hike; Expert Witnesses to Testify on Insurer's BehalfThe Massachusetts FAIR (Fair Access to Insurance Requirements) Plan, the state's home insurer of last resort, has proposed this month an ... Report: 32 Massachusetts Workers Died on the Job in 2012Labor and worker rights activists are honoring 32 workers who died on the job last year. The Massachusetts AFL-CIO and the Massachusetts ... Family of Vermont Trooper Killed in 2003 Gets $4.5M From State's InsurerThe family of a Vermont State Police trooper killed while trying to stop a fleeing suspect a decade ago has received a $4.5 million ... Midwest Red River Crests Lower than Expected in North DakotaFargo, N.D., officials made one last call for sandbaggers on April 27 to help residents in a southwest Fargo neighborhood that's a mile ... Rules for Health 'Navigators' Head to Ohio GovernorA bill to require training and certification for a new group of professionals who will be available to guide consumers through the new ... Insurance Cards Could Go Digital Under Missouri BillThe smartphone era could spare Missouri motorists from digging through their glove boxes for their insurance cards when they're stopped by ... J.M. Wilson Adds Assistant Transportation Underwriter in IllinoisManaging general agency, J.M. Wilson, has added Cherlyn Mims to its transportation team as assistant transportation underwriter in the ... Southeast Insurer CEO Commentary: Why Florida Is Missing Out on PIP SavingsFlorida legislators, drivers, and reporters want to know when the savings are coming from the Personal Injury Protection (PIP) reform law ... North Carolina Getting $211M from Cigarette Lawsuit SettlementNorth Carolina's annual share of payments from top cigarette companies paying for smoking-related health care costs is $211 million. North ... State of Emergency in 12 Kentucky Counties Due to April StormsKentucky Gov. Steve Beshear has declared a state of emergency for 12 Kentucky counties where severe storms caused widespread damage this ... South Central Lawsuits from Texas Fertilizer Plant Blast now Total 6The deadly Central Texas fertilizer facility explosion has now spawned six lawsuits, including one from the family of a volunteer ... Arkansas, Oklahoma: No Plans to Move State Workers to Health ExchangesAs lawmakers in the state of Washington consider moving some part-time government workers out of a state-sponsored health plan and into an ... Arkansas Joining Interstate Insurance Regulation CompactArkansas Governor Mike Beebe has signed SB1170, enacting the Interstate Insurance Product Regulation Compact (Compact). The bill was ... West Ascension Names Ratto Senior Consultant in Northern CaliforniaAscension Benefits & Insurance named Steven Ratto senior consultant in the company's Walnut Creek, Calif. office. Ratto will be responsible ... Fired Oregon Officer Sues: Alcoholism Was A DisabilityA police officer fired for driving drunk in an unmarked police car while off-duty has filed a $6 million lawsuit against the city of ... Nevada Capitol Police Chief Sues Over FiringFormer Nevada Capitol Police Chief Tom Navin is suing the Nevada Department of Public Safety, claiming he was wrongfully terminated for ... First Confirmed Japanese Tsunami Debris in CaliforniaA barnacle-covered fishing boat that washed ashore this month in Crescent City, California, has been confirmed as the first debris from the ... Rock Slides To Blame For Death Of California WorkersOfficials say rock slides are to blame for the deaths of two California Department of Transportation workers who were removing loose rocks ... Fireman's Fund Chief Tackles Sesquicentennial, MarketChoosing a historic icon that stood after San Francisco's Great Earthquake and massive fire more than 100 years ago was a deft, almost ...  International To Tax or Not to Tax - 'Foreign' Reinsurance' Tax Proposals on the Agenda Again"Roundup the usual suspects;" here we go again. No, it's not an unsolved murder in wartime Casablanca, simply the latest skirmish in the ... Arc Legal Increases Share of UK Yacht CoverageArc Legal Assistance announced that it has "secured a series of new deals with specialist boat insurance brokers to provide Marine Legal ... AXIS Capital Posts $303 Million Q1 Net Income; $227 Million OperatingBermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the first quarter of 2013 of $303 ... Montpelier Re $91.9 Million Q1 2013 Net Income; Operating Income $66 MillionBermuda-based Montpelier Re Holdings Ltd. reported comprehensive net income for the first quarter ended March 31, 2013 of $91.9 million, ... Join the Insurance Journal Network
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New Discussions in the ForumsAgency Management System Posted: Fri Apr 26 -- I agree. I tried Googling Quikfuzion and could barely find a thing much less a website. aem84 Non Standard Farm/Ranch account Posted: Wed Apr 24 -- What are the codes and the premium? I just quoted a restoration company with similar issues and a 2.37 x-mod with a PEO. What should have... Chad Filley Insurance Noodle vs. Superior Access vs. Agent Secure Posted: Mon Apr 22 -- mdagent, Superior Access and Consolidated are General Agents that submit your information to the respective companies for a quote. Then,... ziiqui Pole Barn W/Wind FL Posted: Wed Apr 17 -- Private property Autumnle465 Paperless Environment Posted: Tue Apr 16 -- I completely agree with Island Girl. We started going paperless 6 years ago. The first year was a royal pain with the initial scanning but... justthere Business Loss - Travel Insurance Posted: Tue Apr 16 -- This is true. However, most people do not realize that major credit card companies also provide insurance for lost or damaged goods while... chad37 TX - Workers Comp - Contractor Posted: Tue Apr 16 -- Have you considered a Professional Employer Organization (PEO)? SOI has locations in Dallas, Houston, Austin and San Antonio as well... DOrgant What is your biggest pain as an agent? Posted: Mon Apr 15 -- 1) Billing questions, non payment cancelations, reinstatement request of bad pay clients. 2) Binder requests... yoyowordup Reader CommentsU.S. Expected to Seek Limits on Car Touchscreens Posted: Thu Apr 25 -- I think cars should be updated with a version of Apple's Siri or similar software with voice recognition. That way, when I get road rage and... reality bites Oklahoma House Kills Texting and Driving Ban Again Posted: Thu Apr 25 -- What part of dangerous driving activity do these pinhead house members not understand? The cell addicts are pretty powerful in Texas as... Agent Travelers Q1 Profit Up 11% to $896M; CEO Says 'We Will Keep Going' on Rate Hikes Posted: Thu Apr 25 -- The 1 "dislike" to this post must be from a Travelers employee - obviously. MeIsEinstein 2 Judges Consider State Farm Rates in Texas Posted: Fri Apr 26 -- As I recall, State Farm had a lot of litigation some years ago when they failed to roll back rates after the mold crisis when the other... Agent West Explosion Insured Losses Hit $100M Posted: Wed Apr 24 -- Why were so many homes, schools and businesses allowed to be built so close to the fertilizer plant? Why was zoning not taken into... Center Point | Subscriber ToolsCurrent IssueApril 22, 2013  Top 50 Apps for Insurance Agents; Entertainment, Sports & Special Events; Directors & Officers Liability More NewslettersMarket DirectoriesNew Insurance JobsHow to AdvertiseFor 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. Copyright © 2013 by Wells Media Group, Inc. |
Apr 26, 2013
Daily Headlines: Friday, April 26, 2013
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| April 26, 2013
 East Maryland OKs Bill Allowing MAIF Policyholders Installment Payment OptionMaryland's General Assembly has passed a bill this month that would allowing the Maryland Automobile Insurance Fund (MAIF) to offer ... Selective Insurance Q1 Profit Up 18% to $21.3MBranchville, N.J.-based Selective Insurance Group said its 2013 first quarter net income came in at $21.3 million, a 17.7 percent increase ... York Risk Services Group in New Jersey Appoints VP of SalesYork Risk Services Group (York), a national provider of claims-management, specialized loss adjusting, alternative risk programs, pool ... Midwest Ohio Workers' Comp Agency Proposes Cut in Private Sector RatesThe Ohio Bureau of Workers' Compensation (BWC) has proposed a 2.1 percent base-rate reduction for private employers. The recommendation to ... Worldwide Facilities Adds Langan as Vice President in ChicagoChicago-based wholesale insurance brokerage and managing general agency, Worldwide Facilities Inc., announced it is expanding and has added ... North Dakota Workers' Comp Handling More Out-of-State ClaimsThe boom in the western North Dakota oil patch has led to a workload increase for the state's workers' compensation agency. The number of ... The Horton Group Expands Construction Practice in IllinoisThe Horton Group, based in Orland Park, Ill., has expanded its construction practice with one new hire and one promotion in its ... Michigan Man Says Insurance Won't Cover Bullet Damage from ShootoutA northern Lower Michigan man is upset insurance doesn't cover the damage done to his mobile home during a neighbor's shootout with police. ... Southeast Florida Senate Approves Citizens Reform Bill; Path Ahead Remains UncertainFlorida lawmakers have taken the first step towards reforming the state-backed property insurer, but not before significantly scaling back ... Report: Motorcycle Deaths Decline Slightly in GeorgiaNew numbers show that Georgia has seen a slight drop in the number of motorcycle fatalities. The Georgia Governor's Office of Highway ... AssuredPartners Acquires Buckley & Company in KentuckyAssuredPartners Inc., through its Neace Lukens subsidiary, recently acquired Lexington, Ky.-based Buckley & Company insurance agency. The ... South Central Oklahoma Agents Group Pleased with Progress of State LegislationOklahoma's independent insurance agent association says measures of interest to the group are moving so quickly in the state Legislature ... 2 Judges Consider State Farm Rates in TexasThe state's consumer advocate has challenged State Farm Insurance Co.'s 20 percent rate hike for Texas homeowners as being too high. Public ... Storms Flood Streets, Damage Houses in Southeast LouisianaA fast-moving line of intense thunderstorms flooded streets, knocked out power to more than 30,000 people in southeast Louisiana on April ... Agents Group Puts Out Call to Help West, TexasThe Independent Insurance Agents of Texas is calling for contributions to a fund created to help in the rebuilding of West, Texas, the site ... West $3.45M Award In Death Of Washington Ship WorkerFederal jurors in Seattle have awarded $3.45 million to the estate and survivors of a woman who drowned in 2010 while working on a ship ... Struggling Idaho Alt Energy Company Sued AgainAn Idaho alternative energy company beset by lawsuits faces another one, this time from a bike race that says it hasn't been paid millions ... Bolts On Northern California Bridge That Haven't Failed May GoLong seismic safety bolts on the new eastern span of the San Francisco-Oakland Bay Bridge that haven't failed may have to be replaced ... CompWest, Phoenix Risk Management to Offer WC for California Healthcare WorkersThe steady rise in employment in the health care industry over the last six years, as jobs in most other fields disappeared, has created an ... International Brazil's BB Seguridade, Smiles SA Conclude IPO's - Boosts InsuranceBrazil's BB Seguridade Participações SA sealed the world's biggest initial public offering in seven months at a time when confidence in ... AXA to Buy 50% of China P&C Insurer Tian Ping for $631 MillionFrance's AXA Group announced that it has entered into an agreement with Tian Ping Auto Insurance Company Limited shareholders to acquire 50 ... EU Supports French Demand; Trade Talks with U.S. Should not Cover CultureEuropean Union lawmakers have backed French demands to exempt culture from a proposed free-trade pact between Europe and the United States, ... White House Formally Notifies Congress of Japan Free-Trade TalksPresident Barack Obama's administration on Wednesday notified Congress it will start free-trade talks with Japan, bringing the world's ... McCann to Succeed Plumeri as Willis Chairman; Director Candidates ListedWillis Group Holdings announced that, at its regular meeting this week, the Board of Directors determined that the following individuals ... Best Affirms Platinum Underwriters and Subs Ratings; Outlook StableA.M. Best Co. has affirmed the financial strength rating of 'A' (Excellent) and issuer credit ratings (ICR) of "a" of Platinum Underwriters ... Join the Insurance Journal Network
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New Discussions in the ForumsAgency Management System Posted: Fri Apr 26 -- How long has Quikfuzion been around? Roughly how many agencies do they work with? Have they developed previous AMS software? I am worried... aem84 Non Standard Farm/Ranch account Posted: Wed Apr 24 -- What are the codes and the premium? I just quoted a restoration company with similar issues and a 2.37 x-mod with a PEO. What should have... Chad Filley Insurance Noodle vs. Superior Access vs. Agent Secure Posted: Mon Apr 22 -- mdagent, Superior Access and Consolidated are General Agents that submit your information to the respective companies for a quote. Then,... ziiqui Pole Barn W/Wind FL Posted: Wed Apr 17 -- Private property Autumnle465 Paperless Environment Posted: Tue Apr 16 -- I completely agree with Island Girl. We started going paperless 6 years ago. The first year was a royal pain with the initial scanning but... justthere Business Loss - Travel Insurance Posted: Tue Apr 16 -- This is true. However, most people do not realize that major credit card companies also provide insurance for lost or damaged goods while... chad37 TX - Workers Comp - Contractor Posted: Tue Apr 16 -- Have you considered a Professional Employer Organization (PEO)? SOI has locations in Dallas, Houston, Austin and San Antonio as well... DOrgant What is your biggest pain as an agent? Posted: Mon Apr 15 -- 1) Billing questions, non payment cancelations, reinstatement request of bad pay clients. 2) Binder requests... yoyowordup Reader CommentsDeal OK'd in Muslims' False Advertisement Suit Against McDonald's Posted: Fri Apr 19 -- They shouldh't have to eat at home. Just open their own style restaurant and quit going to McDonalds. Nothing difficult about it. They should be able to eat out Woody Allen v. William Faulkner: Fair Use? Posted: Fri Apr 19 -- Heirs - get over yourselves. There's more going on in the world than your groveling over a quote. usa24 U.S. Expected to Seek Limits on Car Touchscreens Posted: Thu Apr 25 -- I think cars should be updated with a version of Apple's Siri or similar software with voice recognition. That way, when I get road rage and... reality bites Oklahoma House Kills Texting and Driving Ban Again Posted: Thu Apr 25 -- What part of dangerous driving activity do these pinhead house members not understand? The cell addicts are pretty powerful in Texas as... Agent West Explosion Insured Losses Hit $100M Posted: Wed Apr 24 -- Why were so many homes, schools and businesses allowed to be built so close to the fertilizer plant? Why was zoning not taken into... Center Point | Subscriber ToolsCurrent IssueApril 22, 2013 Top 50 Apps for Insurance Agents; Entertainment, Sports & Special Events; Directors & Officers Liability More NewslettersMarket DirectoriesNew Insurance JobsHow to AdvertiseFor 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. Copyright © 2013 by Wells Media Group, Inc. |
Apr 25, 2013
Daily Headlines: Thursday, April 25, 2013
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| April 25, 2013
East Pennsylvania Workers' Comp Medical Payments Per Claim Slowed in 2010Growth in payments per claim for the medical care of injured workers under Pennsylvania's workers' compensation system slowed in 2010, ... Eminent Domain May Be Used in Mantoloking, N.J., for Beach ReplenishmentHaving gotten only so far with "friendly persuasion," the Jersey shore community that was hardest hit by Superstorm Sandy is ready to take ... Connecticut Panel Poised to Fund Superstorm RepairsThe Connecticut State Bond Commission is expected to approve funding for repairs and improvements to Connecticut recreation and maintenance ... Midwest Ohio Justices: Doctor's Apology not Evidence of MalpracticeSympathetic statements by a doctor over a patient's unexpected medical outcome can't be admitted as evidence in medical malpractice cases ... Cautious Relief in Peoria, Illinois as Water Levels FallFloodwaters began a slow, inch-by-inch retreat on April 24 in inundated Peoria, Ill., offering hope to residents who watched helplessly as ... South Dakota Court Asked for Class Action in Mortgage Insurance LawsuitA lawsuit alleging a Rapid City credit union and an insurance company improperly raised the rates for insurance that makes loan payments if ... Kaufman Elected CEO of The Motorists Insurance GroupThe board of Columbus, Ohio-based The Motorists Mutual Insurance Co. has voted unanimously to select David L. Kaufman as CEO of Motorists ... Big 'I' Honors Illinois Agent for Work on Crop InsuranceAn Illinois agent has received an award from the Independent Insurance Agents and Brokers of America (IIABA or Big 'I') for his work on ... Southeast Allianz Vows to Fight Florida Regulators' Charges in Magnolia CaseAllianz Risk Transfer (ART NY) has vowed to strongly repudiate charges levied by Florida regulators that it contributed to the collapse of ... Georgia Governor Signs Youth Concussion, Boat Safety BillsGeorgia joined dozens of other states on Tuesday with a law aimed at educating parents and coaches about the risks of youth concussions and ... North Carolina Senate Bill Aims to End Local Building Design StandardsSome North Carolina lawmakers are pushing legislation that forbids local governments from adopting their own building design standards in ... South Central Oklahoma Workers' Comp Reform Legislation AdvancesLegislation that would reform Oklahoma's workers' compensation system has passed the House and Oklahoma Insurance Commissioner John D. Doak ... Oklahoma House Kills Texting and Driving Ban AgainAn Oklahoma legislator has vowed to keep pushing for a ban on texting while driving after the House scuttled the proposal for the third ... U.S. Justice Department Says Armstrong Was 'Unjustly Enriched'The federal government is going after Lance Armstrong's money. As much as it can get. The Justice Department unveiled its formal complaint ... West Transgender Driver's Licenses for IdahoThe Idaho Transportation Department this week agreed to new regulations allowing transgender drivers to change the sex designation on their ... Nevada Quake Lab Has New $4M Research ProjectThe University of Nevada's world-renowned earthquake laboratory has launched a nearly $4 million research project aimed at making ... Report: LA Tops List Of Cities With Worst TrafficLos Angeles has the worst traffic in the nation, according to a new report. The Los Angeles Times reported LA beat out Honolulu for jam ... Butler-Leavitt Insurance Taps Mangum in ArizonaCottonwood, Ariz.-based Butler-Leavitt Insurance Agency has tapped Rick Mangum for its operations. Mangum will focus on providing property ... RIMS Wraps Up In Los Angeles, CRO Pay on RiseIt appears the chief risk faced by those in charge of risk programs are sky high taxes. According to a survey by the Risk and Insurance ... Baseball Legend La Russa to Headline IICF Event In CaliforniaMajor League Baseball great Tony La Russa will speak at the the Insurance Industry Charitable Foundation's 20th annual benefit dinner on ... International UPDATE: Many Trapped in Bangladesh Building; Death Toll Climbs to 175At least 175 mainly women workers were killed in a Bangladesh building collapse and rescuers searching for survivors said on Thursday that ... UK MGAA Members Write over $3.85 Billion in Gross PremiumsNew members joining the UK Managing General Agents' Association (MGAA) since the beginning of 2013 have increased the total combined gross ... Everest Re Reports $384.3 Million Q1 Net Income; 31% Growth in Operating EPSThe Bermuda-based Everest Re Group, Ltd. reported net income of $384.3 million, or $7.50 per diluted common share, for the first quarter of ... Allied World Reports $159 Million Q1 Net IncomeSwiss-based Allied World Assurance Company Holdings, AG reported net income of $159.0 million, or $4.49 per diluted share, for the first ... Ratings Recap: PaCRe, Barbados, Cotswold, Orient, Kuwait ReA.M. Best Co. has affirmed the financial strength rating of 'A-' (Excellent) and issuer credit ratings of "a-" of Bermuda-based PaCRe Ltd., ... Insurance Journal Blogs Recruit Better Producers with One Tactic - TechnologyThis post is part of a series on insurance marketing and training sponsored by Astonish. No matter what role you have at your agency, you ... Join the Insurance Journal Network
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New Discussions in the ForumsNeed P&C coverage for a trampoline park in Arkansas Posted: Wed Apr 24 -- Anyone know who writes this coverage and who to contact? Sundance Non Standard Farm/Ranch account Posted: Wed Apr 24 -- What are the codes and the premium? I just quoted a restoration company with similar issues and a 2.37 x-mod with a PEO. What should have... Chad Filley Insurance Noodle vs. Superior Access vs. Agent Secure Posted: Mon Apr 22 -- mdagent, Superior Access and Consolidated are General Agents that submit your information to the respective companies for a quote. Then,... ziiqui Pole Barn W/Wind FL Posted: Wed Apr 17 -- Private property Autumnle465 Paperless Environment Posted: Tue Apr 16 -- I completely agree with Island Girl. We started going paperless 6 years ago. The first year was a royal pain with the initial scanning but... justthere Business Loss - Travel Insurance Posted: Tue Apr 16 -- This is true. However, most people do not realize that major credit card companies also provide insurance for lost or damaged goods while... chad37 TX - Workers Comp - Contractor Posted: Tue Apr 16 -- Have you considered a Professional Employer Organization (PEO)? SOI has locations in Dallas, Houston, Austin and San Antonio as well... DOrgant What is your biggest pain as an agent? Posted: Mon Apr 15 -- 1) Billing questions, non payment cancelations, reinstatement request of bad pay clients. 2) Binder requests... yoyowordup Agency Management System Posted: Mon Apr 15 -- If you click on the specific company at agencyuserreviews.com it shows you how many customers reviewed the software and their comments.... yoyowordup Reader CommentsDeal OK'd in Muslims' False Advertisement Suit Against McDonald's Posted: Fri Apr 19 -- They shouldh't have to eat at home. Just open their own style restaurant and quit going to McDonalds. Nothing difficult about it. They should be able to eat out Senate Democrat Criticizes Healthcare Law Education; Sebelius Cites Lack of Funding Posted: Mon Apr 22 -- Rebecca, What makes you think this is now "Affordable" healthcare? Simply the name? By your comment, you seem to think that people will be... TxLady Woody Allen v. William Faulkner: Fair Use? Posted: Fri Apr 19 -- Heirs - get over yourselves. There's more going on in the world than your groveling over a quote. usa24 Travelers Q1 Profit Up 11% to $896M; CEO Says 'We Will Keep Going' on Rate Hikes Posted: Wed Apr 24 -- I guess the theory is to write fewer accounts at a higher premium of those who are willing to pay it. My Travelers book has gone down 25% in... Agent Boston Marathon Bombings Suspect Identified: Reports Posted: Thu Apr 18 -- Had a hot tip from our Boston office. It was Dennis Rodman, who became a real life Manchurian Candidate during his recent visit with Kim... reality bites | Subscriber ToolsCurrent IssueApril 22, 2013 Top 50 Apps for Insurance Agents; Entertainment, Sports & Special Events; Directors & Officers Liability More NewslettersMarket DirectoriesNew Insurance JobsHow to AdvertiseFor 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. Copyright © 2013 by Wells Media Group, Inc. |
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