Daily Headlines: Thursday, June 6, 2013

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June 6, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Tropical Storm Andrea Hits Florida; Warnings Posted for Eastern U.S. Tropical Storm Andrea pelted Florida's northern Gulf Coast on Thursday and was forecast to drench much of the U.S. Southeast as it cuts ... U.S., Global Natural Disasters Exact Heavy Toll in May: Aon Benfield Severe weather in May caused an estimated $4 billion in insured damage in the U.S. alone and billions more in economic losses around the ... Senate Committee Advances National Producer Licensing Reform Bill The Senate Banking Committee today voted to send an insurance producer licensing reform measure to the full Senate for consideration. The ... Segal Select Insurance Acquires Fiduciary Business from A&R Associates Segal Select Insurance Services, Inc. has acquired Broker of Record rights to certain fiduciary liability policies and fidelity bonds ... ProSight Specialty Launches "Pay as you Build" Builders Reporting Policy ProSight Specialty Insurance, a global insurance group in the construction industry, has launched  a new product that will provide ... Insurance Industry Responds to Healthcare, Financial Services M&A Exposures Insurers in the transactional risk and healthcare segments are paying close attention to a marked increase in financial services and... Federal Regulation Would Have Uncovered AIG Problems In '08: Benmosche Federal regulation at the holding company level would have prevented the near-failure of American International Group... More National News East Philadelphia Building Collapse Leaves 6 Dead, 14 Injured Six people died and 14 others were injured when a building undergoing demolition suddenly collapsed in Center City Philadelphia yesterday, ... Court Dismisses State's Suit Against NCAA Over Penn State Sandusky Fines The National Collegiate Athletic Association won the dismissal of a lawsuit challenging sanctions against Pennsylvania State University for ... Groups Warn N.Y. Assembly's Insurance Reform Bills Have Potential to Backfire Industry groups are warning that the New York State Assembly's recent approval of a post-Sandy insurance reform package has the potential ... N.H. Commissioner Sevigny's Reappointment Confirmed by Executive Council New Hampshire's Executive Council has unanimously confirmed on Wednesday the reappointment of Roger Sevigny to another five-year term as ... New Position to Target Workers' Comp Fraud in Rhode Island Officials in Rhode Island are creating a new position to prosecute fraud in the state's unemployment and workers' compensation program. The ... More East News Midwest South Dakota Gov. Questions Complaint Probes Against Insurers Gov. Dennis Daugaard has asked South Dakota Labor Secretary Pam Roberts to review her agency's procedures for investigating consumer ... J.M. Wilson Adds Pusateri as Underwriter in Wisconsin Managing general agency J.M. Wilson announced it has hired Kristen Pusateri as property/casualty underwriter in its Madison, Wis., office. ... Kansas Farmer Sues Monsanto over GMO Wheat Discovery A Kansas farmer has sued seed giant Monsanto over the recent discovery of genetically engineered experimental wheat in an 80-acre field in ... Michigan Pair Plead Guilty to Embezzling from Workers' Comp TPA Michigan's attorney general announced that the former CEO and a bookkeeper of a non-profit workers' compensation insurance-related ... More Midwest News Southeast West Virginia Woman Sues Sheriff Over Alleged Facebook Firing A secretary who says she was fired over a Facebook posting made from her home computer and on her own time is suing a West Virginia ... Florida Governor Vetoes Immigrant Driver License Bill Florida Gov. Rick Scott is vetoing a bill that would have allowed some young immigrants who are living in the U.S. illegally to apply for a ... More Southeast News South Central Deadly Oklahoma Tornado Widest on Record, Rare EF5 The deadly tornado that struck near Oklahoma City late last week had a record-breaking width of 2.6 miles and was the second ... Investigation of Deadly Houston Fire Focuses on Kitchen Investigators trying to determine the cause of a blaze where four Houston firefighters were killed are focusing on an attic and the kitchen ... USG Insurance Services Adds Dixon in Louisiana USG Insurance Services Inc., a national wholesaler and managing general agent (MGA) has expanded its Louisiana operations with the addition ... Texas Law Change Would Allow Reappraisals After Disaster Hundreds of property owners whose homes and businesses were damaged by the earth-rattling fertilizer plant explosion that devastated the ... 4 Insurance Companies Interested in Arkansas Exchange Four insurance companies plan to sell their policies to more than 500,000 Arkansas residents through an online marketplace created under ... More South Central News West Montana Man Pleads Guilty In Workers' Comp Fraud Case A 76-year-old Havre, Mont. man has pleaded guilty to mail fraud in a case for failing to report that he owned a profitable business while ... Oregon Senate Oks Workplace Protections For Interns The Oregon Legislature has agreed to extend workplace protections against harassment and discrimination to unpaid interns. The Senate ... Montana Tribe Declares Flooding Disaster Parts of northern and central Montana have seen more rain in the past two weeks than in a normal year, leading the Chippewa Cree Tribe to ... Tougher Fire Restrictions Planned In 7 New Mexico Counties The Bureau of Land Management plans to impose tougher fire restrictions across seven counties in central New Mexico starting Monday. The ... EPIC Adds Cotugna in Southern California Edgewood Partners Insurance Center added Joe Cotugna as a property/casualty insurance producer in its Inland Empire Division in Southern ... More West News International Governments and Re/Insurers Should Work Together to Face Rising Disaster Costs A presentation from the Geneva Association (GA), the international insurance think tank for strategically important insurance and risk ... Germans Battle Rising Floods Threatening Historic Cities Firefighters, soldiers and volunteers in eastern Germany toiled through the night to defend against floods that have submerged towns, ... Colleagues Are Overpaid, Say U.K. Financial Employees Most U.K. financial-services employees say some within their companies are paid too much amid negative public sentiment toward the ... China Says It Has Data on U.S. Cyber Attacks, Calls for Cooperation China's top Internet security official says he has "mountains of data" pointing to extensive U.S. hacking aimed at China, but it would be ... Marsh to Acquire Brokerage in Dominican Republic Insurance broker Marsh has agreed to acquire Franco & Acra Tecniseguros, an insurance adviser in the Dominican Republic that has been ... More International News Join the Insurance Journal Network Insurance Journal TV Agency Pay - Is It Time for a Change? Jason Cass, chair of the Independent Agents & Brokers of America's Young Agents Committee, and... Watch Now The Good and the Bad: Healthcare Reform and Medical Liability The Patient's Protection and Affordable Care Act (ACA) has very little to do with the medical... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums insurance metal homes Posted: Thu Jun 6 -- I've built a new metal building -brand name- and had a custom carpenter finish the inside for a new home. The home is now finished and I... retired1 Workers Comp (Ca) Auto Repair with large loss Posted: Wed Jun 5 -- We have an auto repair prospect being non-renewed at the beginning of July from his current carrier. The business has been operated by the... PaulN How to obtain release of liablity Posted: Wed Jun 5 -- What a great question for a family law attorney! People who seek legal advice from an open internet forum generally get what they pay for.... d's insurance store Standard Non-Compete Posted: Tue Jun 4 -- Yes, you can get it from an attorney specializing in contract law. Any other non-compete agreement that is not State Specific, Industry... yoyowordup Workers Comp TX Oilfield Service Contractor Posted: Tue Jun 4 -- Thanks John B Clinton, I did place the coverage through Midwest Insurance Company. Will keep your referal for future. Thanks again. JohnnyLaw 24 Hour CA Restaurant Posted: Mon Jun 3 -- How would we make that work? Possible split commission? Send me you contact info and we can talk about the possibility. Thank you. mce23 QuickBooks Posted: Mon Jun 3 -- I've been thinking about using quick books for my agency. Can anyone comment on how well it works for managing payroll (1099 and W-2). shiftins 1st Year as a Producer Stories Posted: Wed May 29 -- Rainmaker, thank you for the advice. I am 9 months in so far and excited to hit year 2 soon. For me, the hardest part of being a new... californiadude Go to Forums Reader Comments Paterno Family Sues NCAA Over Penn State's Sandusky Fine Posted: Fri May 31 -- "Paterno's name and reputation have been damaged by the allegations." There is no way Joe PA had no knowledge whatsoever of how Sandusky... PSU Grad Mixed Reaction in Georgia to Push to Lower DUI Limit Posted: Thu May 30 -- "We are not prohibitionist. We are not interested in eliminating drinking," Martin said." Like heck they aren't. If I recall, even... ExciteBiker Protesters Urge R.I. to Default on 38 Studios Debt Posted: Tue Jun 4 -- The Occupy movement doesn't understand the way that the world works. The taxpayers elected officials into office who (I am assuming)... DW Mississippi Homeowners Renew Lawsuit Against Exxon Over Alligators Posted: Fri May 31 -- No comment. I ain't seen the paperwork as yet. As for 84+ of us on one piece of property, heck, 35 acres is a lot of wiggle room. Give us a... Al E. Gator Mississippi Man Run Over by Lawnmower Sues Manufacturer Posted: Thu May 30 -- Freudian slip? jw Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue June 3, 2013 Program Directory, Volume I 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 Production Marketing Representative - Commercial Lines Marketing Representative - Commercial Lines Business Development Manager Insurance Salesperson 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. 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