Daily Headlines: Wednesday, October 9, 2013

Contact us | Subscribe | Send to a Friend

October 9, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Forecast for 2014 Commercial P/C Pricing: Willis Commercial property insurance buyers could see prices fall from 10 to 20 percent on non-catastrophe risks in 2014 thanks to the influx of ... Shutdown Sidelines Safety Inspectors of Workplaces, Mines, Nursing Homes and More The partial shutdown of the U.S. government has sidelined thousands of inspectors who monitor everything from air and water pollution to ... Marketing, Not Medicine, Boosts Robotic Surgery, Misrepesents Safety Porter Adventist Hospital in Denver announced last year that Warren Kortz, a general surgeon on the medical staff, was the first in the ... Top 10 Market Conduct Complaints by Regulators Against P/C Insurers Failure to handle claims within specified time frames and using unapproved forms and rates are the top two criticisms of property/casualty ... Insurers: Product Recalls a 'Death Sentence' to Food Manufacturers, Coverage Demand Still Lags Food recalls are on the rise, but that isn't necessarily because food manufacturers are not meeting safety requirements and more food is... Will Biggert-Waters Save the NFIP? No, It's Not Even Close The Biggert-Waters Flood Insurance Reform Act (Biggert-Waters) was enacted in 2012 with the goal of reforming and... More National News East N.J. Group Urges Gov't to Establish Extreme Weather Superfund for Future Disasters A New Jersey-based nonprofit group is calling on the federal government to establish a permanent funding source to prepare for future ... Virginia Families in Chinese Drywall Case Forging Ahead Seven Virginia families fighting for compensation over Chinese drywall that wrecked their homes have their eyes on Louisiana this week, ... Pennsylvania Borough Insurer Pays $225K to Stunned Cuffed Man A western Pennsylvania borough's insurance carrier has paid $225,000 to settle a lawsuit filed by a man who claimed a police officer used a ... Lockton Companies Appoints New Producer in Washington, D.C. Lockton Companies announced Keith Mulvihill has joined its Washington, D.C., office as a producer. He will focus on new business ... More East News Midwest Early Snow Kills Thousands of Cattle in South Dakota A record-breaking storm that dumped 4 feet of snow in parts of western South Dakota left ranchers dealing with heavy losses, in some cases ... Ohio's Norman-Spencer Agency Raises Over $55K for March of Dimes The Norman-Spencer Agency Inc., a national property/casualty insurance provider, announced it raised over $55,000 through a 5K run, golf ... 2nd Arson Attempt at Missouri Planned Parenthood Investigators say someone tried for the second time to start a fire at a Joplin, Mo., Planned Parenthood clinic. The Oct. 4 nighttime fire ... More Midwest News Southeast Officials Concerned Over 3 Miner Deaths in 3 Days Federal regulators are urging U.S. coal companies to refocus on health and safety regulations after three fatalities in three days. The ... Florida Fines Universal P&C Co. $1.26M Florida's second largest property insurer is paying a fine of $1.26 million. Florida Insurance Commissioner Kevin McCarty announced Monday ... Georgia Auto Parts Plant Cited 18 Times by OSHA Since 2009: Report Representatives of a car parts manufacturing company say they've remedied several issues and have increased training after receiving the ... More Southeast News South Central Texas Troopers Make Hundreds of DWI Arrests Texas troopers made nearly 1,700 driving-while-intoxicated arrests in a special enforcement period that included Labor Day weekend. The ... Red Light Cameras Up for Renewal in Baton Rouge The East Baton Rouge Metro Council is set to decide whether to kill or renew Baton Rouge, La.'s red light camera program, which has been ... Louisiana Researchers Studying Coastal Land Values It's no surprise that some coastal wetlands are more valuable than others, but the question several researchers at LSU are trying to answer ... Tulsa, Oklahoma Plan Includes $3.4M for Flood Control Flood prevention work is among the main projects included in Tulsa, Okla.'s proposed $917.8 million capital improvements package. The plan ... More South Central News West Arizona Forgery Ring Suspect Sentenced For Insurance Fraud Frederick Farris pled guilty to attempted fraud schemes and artifices, which is a class 3 felony, and was sentenced to 6.5 years in Arizona ... Colorado Flood Spills Spur Review Of State Plans For Oil As floodwater started to rise Sept. 11, some oil and gas operators began shutting wells and securing facilities. It would be five days ... More West News International Syria's Shipping Trade Struggles as War Risks Bite War and sanctions are taking an increasing toll on Syria's vital sea-borne trade, with fewer vessels calling at its cargo ports as ... September Economic Loss from Nat Cats $15 Billion: Aon Benfield Report Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has released its latest monthly Global ... Weakened Typhoon Danas in Korea Strait, Sea of Japan: AIR Worldwide According to catastrophe modeling firm AIR Worldwide, after pounding Okinawa with the outer reaches of its 184 km/h [114 mph] winds Monday ... Catalina Completes Acquisition of American Safety Re Catalina Holdings (Bermuda) Ltd. announced that it has completed its acquisition of American Safety Reinsurance, Ltd. (AS Re), from Fairfax ... Ratings Recap: Sirius, Sunderland Marine, Flagstone Re, Atradius, AmerInst A.M. Best Europe - Rating Services Limited has affirmed the financial strength rating (FSR) of 'A' (Excellent) and issuer credit ratings ... More International News Join the Insurance Journal Network Insurance Journal TV Insurance Law, Regulation - Jim Wrynn Brings his Experience to the Private Sector James J Wrynn, Esq. served as New York's Superintendent of Insurance from 2009 to 2012, when... Watch Now Swiss Re's Chief Economist Sees GDP Growth Swiss Re's chief economist Kurt Karl sees some light at the end of the tunnel for the world's... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums New lead model question - could cost per sale work? Posted: Wed Oct 9 -- d's, Once again thanks for the detailed reply and your candid comments. Very helpful. As for what is different about us, we have built a... indexcos Erie Insurance, feedback please. Posted: Wed Oct 9 -- Yeah don't you just love it when they just expect you to drop every other carrier?.. If I had a dime everytime I hear that one.. Let me know... ABMCalifornia Travelers reducing commissions Posted: Tue Oct 8 -- Folks, that's why we've got to strongly favor the regionals with our business. Most of them truly appreciate their agents and generally... ins-atty What Would Your Veteran Self, Tell Your Newbie Self... Posted: Fri Oct 4 -- Do: Shut up and let the client talk. Do: Be an advisor. People who don't work in the insurance industry know little or nothing about... sillyphil Peer-to-Peer Website & Self-Insuring Users Posted: Fri Oct 4 -- I wouldn't lose hope just yet. If RelayRides can find an insurance solution for peer to peer car rentals, there may be an opportunity to... SteveD Declination Statement - Earthquake Coverage Posted: Fri Oct 4 -- Great info p&csme! This is exactly the type of input I was hoping for! I should have items 1 & 2 wrapped up. I know I didn't share a copy of... sgoebel Exotic car, bad driver!! Posted: Fri Oct 4 -- 1.5 mil?? What type of car? ABMCalifornia Peer-2-Peer Musical Instrument Rental Insurance (SV Startup) Posted: Thu Oct 3 -- Sorry but your plan will only work if you get an insurance license. There is not enough commission to earn by a... tobytobitobe Non-for-profit Volunteer Coverge Posted: Tue Oct 1 -- To yoyowordup: Automobile accident would go the the automobile carrier first for the volunteer, I think, unless something is in place for... des5500 Go to Forums Reader Comments Hole-In-One Golf Insurer: Guilty To 3 Felonies in Washington Posted: Mon Oct 7 -- Hmmmm. Four months in the slammer. Wonder if this dude's gonna get a hole in one. reality bites Bill to Delay Flood Insurance Rate Hikes Stymied by Shutdown Politics Posted: Wed Oct 2 -- If these politicians feel so strongly about the rates, why don't they open their own flood insurance program with their OWN money and run... Baxtor Monsanto to Buy Weather Data Modeler, Farm Insurer Climate Corp. for $930 Million Posted: Wed Oct 2 -- "Corn has fallen 42 percent in the past year amid forecasts for a record crop in the U.S., the world's biggest grower. Modified corn seed... Always Amazed Toyota Claims Plaintiffs Fabricated Fatal Acceleration Theory Posted: Wed Oct 2 -- Then she should have bought a car with a brake over-ride system if they wanted one. That's like me saying my I'm suing over my TV as it... Baxtor Idaho Parents Sue Football Helmet Company Posted: Tue Oct 8 -- This case should be thrown out. Everyone is aware of the risks and decides to take that chance right up until something happens, then they... meaty Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue October 7, 2013 Professional Liability Directory; The Best Insurance Agencies to Work For; The Food Issue: Restaurants, Fast Food, Bars, Liquor Liability, Grocers, Food Trucks, Food Manufacturing & Product Recall 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 Marketing Representative Litigation Management Specialist Program Manager II - Director of Executive Operations Outside Marketing Representative - WC Insurance 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. Subscribe | Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2013 by Wells Media Group, Inc.