Daily Headlines: Wednesday, July 10, 2013

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July 10, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Will Bernanke Testify in Greenberg's Bailout Lawsuit? U.S. Federal Reserve Chairman Ben Bernanke shouldn't be compelled to testify in Maurice "Hank" Greenberg's lawsuit over the government's ... House May Split Food Stamps from Rest of Farm Bill U.S. House leaders have decided to split food stamps and other nutrition programs from farm subsidies and bring an agriculture-only bill up ... AIG, GE Capital Accept Systemically Important Designations American International Group Inc. and General Electric Co.'s finance unit were designated systemically important by U.S. regulators, a ... NFL, Former Players Ordered to Mediation in Concussion Cases The judge overseeing litigation brought by thousands of former National Football League players over head injuries ordered the parties into ... Chubb Estimates Q2 Catastrophe Losses at $240M The Chubb Corp. estimates that catastrophe losses in the second quarter will be approximately $240 million before tax, or $156 million ... Spectrum Wholesale Expands RV, Resort Program Nationwide Spectrum has expanded its program for RV parks and resorts to attract RV parks and resorts across the country. In California, Spectrum will ... Arch Insurance Group, CalSurance Launch Liability Coverage for Bloggers Arch Insurance Group, a member of Arch Capital Group Ltd., has released a new blogger insurance program. Partnering with CalSurance ... Keeping Up with Emerging Risks a Struggle for Insurance Industry For an industry that depends on lots of data to develop products and price them according to risk, the insurance industry finds covering new... *Sandy Collector Auto Claims: A CEO's Takeaways From The Nation's 3rd-Worst Insurance Disaster Superstorm Sandy made landfall October 29, 2012, crossing the coast of New Jersey and creating damage in a widespread... More National News East Rhode Island Approves 7.4% Workers' Comp Loss Cost Increase The Rhode Island Department of Business Regulation approved this month a 7.4 percent overall voluntary loss cost increase for new and ... New Jersey Residents to Hear Soon About Sandy Grant Awards New Jersey residents will begin hearing this week whether they're getting money to rebuild badly damaged homes or stay in their communities ... Pennsylvania Law Banning Gay Marriage Faces Court Challenge The American Civil Liberties Union said it filed the first known legal challenge Tuesday seeking to overturn a state law effectively ... USI's N.Y. Office Appoints Exec to Assist Clients' Workplace Wellness Programs USI Insurance Services' metropolitan New York office recently appointed Karen Smith as director of its new clinical solutions department. ... More East News Midwest New Iowa Health Co-Op Announces Insurance Plan Details A new health care cooperative is working to offer Iowa residents two insurance plans that rely on a specific hospital network, the ... Insurer Backing Detroit Bonds Opposes City Plans An insurance company that backs more than $170 million in Detroit bonds says it opposes a plan by the city's state-appointed emergency ... Iowa Insurer's Cash Reserve Size Questioned Two state senators want Iowa to investigate whether the state's dominant health insurer really needs $1.3 billion in reserves. Sens. Jack ... South Dakota Fines Nebraska-Based Insurance Company South Dakota's Division of Insurance has levied a $325,000 fine against a Nebraska-based insurer for violating South Dakota laws and ... More Midwest News Southeast Alabama Woman Sues Over Police Search Damage to Home The owner of a Montgomery home that was badly damaged during the search for a shooting suspect is suing to make the city and the federal ... Ex-Bengals Cheerleader Libel Suit Retrial Underway in Kentucky A former Cincinnati Bengals cheerleader who is suing a gossip website for alleged defamation wiped tears from her eyes Monday as she ... Judge Rules North Carolina Town Can Sue Failed Dam Contractors A North Carolina judge says the town of Hope Mills can sue companies that built a dam that failed. The Fayetteville Observer reported that ... More Southeast News South Central Texas Judge Allows Insurer's Lawsuit Against Armstrong to Proceed A Texas judge has refused Lance Armstrong's request to dismiss an insurance company's lawsuit seeking $3 million in bonuses it paid him ... Oklahoma Insurance Commissioner to Storm Survivors: Register With FEMA Survivors of the tornadoes, severe storms and flooding that occurred in Oklahoma from May 18 to June 2 have less than two weeks to register ... Texas Mutual, VFIS of Texas Fund Safety Training for Rural Fire Departments Workers' compensation insurer, Texas Mutual Insurance Co., has partnered with VFIS of Texas, a provider of specialized insurance solutions ... TWFG General Agency Named Lloyd's Coverholder Texas-based The Woodlands Financial Group announced it has been approved as a coverholder at Lloyd's of London, which authorizes its TWFG ... More South Central News West California Fraud Fugitive Caught After Taunting Tweet "Catch me if you can." San Diego County District Attorney Bonnie Dumanis said Wanda Podgurski sent that taunting tweet after skipping trial ... California Officials Probe Another Farmworker Death California workplace safety officials are investigating the death of a second farmworker as possibly heat-related. The state's Division of ... Wildfire Nears Las Vegas Area Fire crews burned forest undergrowth near homes in the mountains northwest of Las Vegas to protect them from one of two large Nevada ... Insurance Group: Colorado's Black Forest Fire Likely to Top $100M The official count on total insured losses from the Black Forest Fire in Colorado should be released soon, and the single most destructive ... More West News International As Political Risks Proliferate, Insurers Increase Coverage Options Could it happen to us? Tourism, manufacturing and resources companies surveying an unpredictable world are increasingly having to consider ... Flash Flood Triggers Blackouts, Transport Chaos in Toronto: AIR Analysis Catastrophe modeling firm AIR Worldwide reports that "after days of heavy precipitation, a torrential thunderstorm on July 8th dropped an ... Lloyd's Says High Taxes, Regulation Burden European Firms High taxation and new regulations are among the most pressing concerns for senior European company executives, according to a survey by ... Oil Tank Cars Like Those in Quebec Rail Tragedy Long Seen as Flawed The oil-laden train that derailed and exploded in a small Canadian town on Saturday, possibly killing as many as 50 people, included a ... TS Chantal Weakening; Some Watches and Warnings Cancelled The National Hurricane Center's bulletin, issued at 5:00 AM AST, notes that Tropical Storm Chantal has become much weaker since it entered ... Guy Carpenter Facilitates Launch of Multi-Peril Crop Insurance in Australia Guy Carpenter & Co., LLC, a global risk and reinsurance specialist and member of Marsh & McLennan Cos. has facilitated the launch of a ... More International News Sponsored Content Atlas General Insurance Services Named One of the Best Places to Work in San Diego San Diego, CA, 7/10/2013 - Atlas General Insurance Services has been named as one of the 2013 Best Places to Work in San Diego by the San ... Research Shows Impact of Customer Engagement, click here to watch the video now! Sponsored by KBM Group. More Sponsored Content Join the Insurance Journal Network Insurance Journal TV Geneva Association's Secretary General John Fitzpatrick on Systemic Risks, Nat Cats, ILS and Cyber Risks The Geneva Association's studies and reports are now an important part of the dialogue between... 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 The Age Old Question-How much to split Posted: Wed Jul 10 -- I am negotiating with a producer who has been with me for some time. This is a little different than anything else I have seen on these... ishootfriendlies Insurance Noodle vs. Superior Access vs. Agent Secure Posted: Wed Jul 10 -- I have done research looking for a network/cluster for my agency. We are 4 years old, located in New York City with over $20mm in premium.... mschwartz Medical malpractice for all states Posted: Wed Jul 10 -- I am looking for a market or contact for a medical malpractice program for a group of nurse practitioners for all states. The group has... Insproducer Opt Out Info for Marketing Email Solicitations Posted: Mon Jul 8 -- If you are a Florida licensed agent, CSR or appraiser and you are sick to death of getting hundreds of email solicitations from every... Lcan250 buying commercial lines leads... Posted: Mon Jul 8 -- Waste.of.money Big Dog Exotic car, bad driver!! Posted: Sun Jul 7 -- I think you are right but before getting the car, he can be a good driver by practicing with a normal car Rodney Bush Insurance agencies for sale ? Posted: Fri Jul 5 -- If you are looking for one in the NYC area, shoot me a PM. I have something for you. jameskshaffer non compete clause Posted: Fri Jul 5 -- Consult an attorney. They are your family, so it's a tricky situation. You still could run into some legal trouble if you signed a... jameskshaffer High Mod Residential Roofer - KS, Western Posted: Wed Jul 3 -- Not real big. The comp has been a little over $100,000 in premium. Halpert Go to Forums Reader Comments Employer Health Insurance Mandate Delayed Until 2015 Posted: Fri Jul 5 -- Field Museum is spectacular. You've seen pieces of it in movies, for sure. Glad to hear she had a nice time. Yes, Sue the T-rex is... Captain Planet Lawsuit Filed Over Utah Boy's Falling Tombstone Death Posted: Mon Jul 8 -- Nice story. Who in the world is Erickson and why do we care what he has to say? Baxtor In Past Decade, World Experienced Unprecedented Climate Extremes: WMO Posted: Wed Jul 3 -- I read the following recently and thought it worth sharing:- "We are told, incessantly, that carbon dioxide is the main cause of global... Jeff Smith Another Obamacare Requirement Delayed Posted: Mon Jul 8 -- If this is keeping you up at night, it would explain your irrational remarks. Celtica States Brace for Web Barrage When Obamacare Goes Live Oct. 1 Posted: Fri Jul 5 -- Actually Agent, I have never said I thought Obamacare was the right approach. Just that it's the only approach anyone has been able to get... Libby Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue July 1, 2013 The Disaster Issue: Flood, Earthquake, Windstorm, Terrorism, Cyber Attack & More; Commercial Auto (Including Taxis, Limos & Fleets); Digital Product Guide; Bonus: The Florida Issue (Special Supplement) 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 Senior Technology Underwriting Specialist Vice President of Sales and Marketing Vice President Commercial Property and Casualty Director - Risk Services Have a job opening? List it on our Web site. 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