Dec 23, 2013

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Daily Headlines: Monday, December 23, 2013

Daily Headlines
December 23, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

P/C Insurers Boost Bottom Line on Big Gain in Underwriting Through 9 Months

Private U.S. property/casualty insurers' net income after taxes rose to $43 billion in nine-months 2013 from $27.8 billion in nine-months ...

Judge Rejects Catholic Church Challenge to Obamacare Birth Control Coverage

The Catholic Church isn't harmed by the U.S. Affordable Care Act's requirement for providing employees with insurance coverage for ...

Federal Reserve Allows Ally Financial to Keep Insurance Unit

Ally Financial Inc., the auto lender majority owned by the U.S. government, won regulatory approval to change its holding-company status, ...

Best Downgrades Tower Group and Subs Ratings; Under Review/Negative

Last Friday, A.M. Best Co. downgraded the financial strength rating (FSR) to B (Fair) from B++ (Good) of the pooled and reinsured members ...

Ratings Recap: Pro Assurance, AES Global, Alfa Group, ARI Mutual, Springfield

A.M. Best Co. has affirmed the financial strength rating (FSR) of 'A+' (Superior) and the issuer credit ratings (ICR) of "aa-" of ...

Best Places Canopius US Insurance Under Review

A.M. Best Co. has placed under review with developing implications the financial strength rating of 'A-' (Excellent) and issuer credit ...

Insurance Questions, Lawsuits Arise in Wake of Target's Data Breach

U.S. retail giant Target Corp. is busy dealing with the aftermath of the massive data breach that exposed account details of some 40 ...

Happy Holidays: Target's Message May Put Scare Into Firms Without Cyber Coverage

Target Corp.'s data breach headache may be an opportunity for insurance carriers, insurance agents, risk managers and businesses to spread ...

From MyNewMarkets.com The PIA Partnership Launches Growth Tool For Agency Members

The National Association of Professional Insurance Agents (PIA) and its agency-company council, The PIA Partnership, have designed a new...
Carrier Management

Program Segment an Opportunity for Carriers with the Expertise and Focus

With a faster rate of growth than the overall property/casualty insurance market, the commercial program business...
Great American Insurance Group, Demotech and Vertafore. Want News on the Go? Insurance Journal now available on the iPhone, Android and Kindle Fire - Download it free today! Click here for more information.
East

Ex-AIG Executives Greenberg, Smith Press Ethics Complaint Against New York Prosecutors

Former American International Group executives are pursuing an ethics complaint against the New York prosecutors still bringing the charges ...

New York Issues $370M in Bonds to Resolve Workers' Compensation Claims

New York Gov. Andrew Cuomo announced last Friday the state issued $370 million in bonds to assist businesses in failed group self-insured ...

Vermont FEMA Office Closing 2 Years After Irene

Vermont's Federal Emergency Management Agency office closed its doors last Friday, Dec. 20, after more than two years of helping the state ...

New Jersey Chiropractor Sentenced in $89K Insurance Fraud

A northern New Jersey chiropractor was sentenced to state prison for causing false documentation to be submitted to insurance companies and ...

New Jersey Roofer Indicted for Alleged Workers' Compensation Fraud

Authorities have charged the head of a central New Jersey roofing company with stealing more than $265,000 through alleged insurance fraud. ...

Business Risk Partners Hires 3 Underwriters in Connecticut

Business Risk Partners, a Windsor, Conn.-based managing general agency focused on specialty commercial insurance, recently added three new ...
Midwest

Minnesota Governor Says He Is 'Ultimately Responsible If MNsure Fails'

Gov. Mark Dayton declined to say Dec. 18 whether he asked for the resignation of the former CEO of Minnesota's health insurance exchange, ...

Rail Car Services Cited for Safety, Health Violations in Kansas City

Rail Car Services LLC has been cited by the U.S. Department of Labor's Occupational Safety and Health Administration for 11 safety and ...

Geological Society: Kansas Earthquake, Oil Production Might Be Related

The Kansas Geological Society is investigating whether a recent earthquake in southern Kansas might have been caused by oil production ...

Iowa's Holmes Murphy Names Swift Director of Development Opportunities

Holmes Murphy & Associates' Chairman Jim Swift will move into a new role as director of development opportunities at the Des Moines, ...
Southeast

TVA to Get $150M More for Coal Ash Spill Cleanup from Insurer

The Tennessee Valley Authority said it will receive another $150 million from an insurance company to help pay for the ongoing cleanup of ...

Louisville Residents Sue Utility Over Coal Plant Ash

A group of Louisville residents who say coal ash from a nearby power plant drifts into their lungs and homes have sued the utility company. ...

USI Insurance Acquires Alabama's Molton, Allen & Williams

USI Insurance Services has acquired Molton, Allen & Williams (MAW), headquartered in Birmingham, Ala. Terms of the transaction were not ...
South Central

Texas Lawmaker Wants Probe into Windstorm Insurance Association Emails

A Texas lawmaker has called for an investigation into racist emails uncovered within the Texas Windstorm Insurance Association, which ...

President Declares Disaster for Texas Flooding

Federal aid will head to Texas now that President Obama has declared a disaster area as a result of severe storms and flooding that hit the ...

Arkansas Lawmakers Approve Insurance Exchange Funds

Arkansas lawmakers have narrowly approved a $10.6 million grant to continue operating the insurance marketplace under the federal health ...
Sponsored by: TSLA. Watch TSLA members discuss superpowers! Click here for more information.
West

Cellphone Records Call Up Fraud Against Washington Woman

An investigation by Washington Insurance Commissioner Mike Kreidler's office has resulted in charges of theft and fraud against a Tacoma ...

Idaho Insurance Department Revokes Father and Son Licenses

The Idaho Department of Insurance issued orders revoking the Idaho insurance producer licenses held by Adrian Rand Robison and his son, ...

California Mom Agrees To Settle Suit Over Child Autopsy Photo

A woman who sued San Diego County over the release of an autopsy photo of her 2-year-old son has settled the privacy case for $125,000. A ...

Arizona Insurance Council Elects 2014 Officers

The membership of the Arizona Insurance Council has elected its officers for 2014. AIC's 2014 elected officers and the companies they ...

CompWest, Align General Insurance to offer Debit Experience Modification Program

CompWest Insurance Co., part of the Accident Fund Holdings family, has partnered with Align General Insurance Agency to write workers' ...

Milliman to Acquire McGinn Actuaries in California

Seattle, Wash.-based Milliman Inc., a consulting and actuarial firm, has acquired McGinn Actuaries Ltd., an Anaheim, Calif.-based ...
Sponsored by: Dealey, Renton and Associates. For nearly 30 years, we have offered: Competitive pricing, Policy limits up to $10,000,000, Flexible coverage options and rating plans, Toll-free Claims line. Click here for more information.
International

Buyers Benefit from Soft Market in Airline Renewal Season: Willis Report

According to the Q4 Issue of Airline Insight, from Willis Group Holdings, "unprecedented levels of competition, growth in exposures and low ...

Zurich Insurance Seeking to Increase Sales to Corporate Clients

Zurich Insurance Group AG, Switzerland's biggest insurer, says a business unit selling insurance to corporate clients will become more ...

Willis Appoints Peller Global Head of Casualty

Willis Group Holdings announced the appointment of Seth Peller to the newly created role of Global Head of Casualty, effective January ...

Best Affirms Tokio Millennium Re 'A++' Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating of 'A++' (Superior) and issuer credit rating of "aa+" of Swiss-based Tokio ...

Aon Benfield Names Smith as CEO of Chile Team

Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, announced the appointment of Joe Smith as chief executive ...

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Coastal Agents Alliance Stays Focused on Coastal Homes: Byrne

In 2004, Tim Byrne and his brother were growing their Cape May, N.J. agency just fine. Then...
Video thumbnail

Markets in Motion - Sports & Entertainment Venue

The 650,000 square foot Honda Event Center in Anaheim, Calif. holds thousands of people at any...

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

Question on estimating a business value
Posted: Mon Dec 23 -- Thanks, but I don't need to know the formulas or variables, nor do I need a professional at this stage. Does anyone have experience with a... mlwhite79
Broker fees
Posted: Thu Dec 19 -- Thanks for the heads up mate! I had the correction sent in to our developer... ABMCalifornia
Affordable Care Act: A Brief Explanation
Posted: Thu Dec 19 -- Nothing in that initial statement will LOWER ANY COSTS???? Wakeup and realize the fraud that has been perpetrated upon the American public.... mhutch69
Looking for used CPCU books
Posted: Wed Dec 18 -- Hi there, I am looking to start the designation with CPCU 500 as soon as possible. Does anyone know where I can purchase used books? meghankleavy1088
Christmas Bonus?
Posted: Tue Dec 17 -- I completely agree with D on this one. We are [i:16lnu0ct]very[/i:16lnu0ct] generous with our Christmas bonuses, perhaps too much with some.... Smalltownagent
Lakefront Motels
Posted: Sun Dec 15 -- If you still need help feel free to get in touch, I have a few markets that love this type of risk. ABMCalifornia
SEO and buying back links
Posted: Sun Dec 15 -- I would never recommend buying links. If there's one thing I learned over the past five years it's don't ever try to trick Google into... ABMCalifornia
errors and omision
Posted: Sun Dec 15 -- Justin, I'm not sure what state you plan on doing business in but if you have not already been helped feel free to get in touch. I've taken... ABMCalifornia
New Insurance Agency
Posted: Fri Dec 13 -- A couple of more resources, one rarely mentioned but I know they help a lot of independent agencies: agentequity.com. specifically their... gregg@prospect

Reader Comments

AmTrust Financial Refutes Negative Report, Says Future Has 'Never Been Brighter'
Posted: Tue Dec 17 -- This is the same story the Tower Group floated and we all know where they went... Where there is smoke there is fire CPCU Man
South Carolina Jury Awards $890K to Man Wrongly Accused by Condo Board
Posted: Mon Dec 16 -- Good for Mr. King. These condo association board members think they are the big guy in the sky, judge and jury. Not all, but most are... Serves them well
Probation Sentence in Texas Teen's Fatal DWI Wreck Stirs Ire
Posted: Mon Dec 16 -- Dear Texas, please secede as soon as possible. Thank you. insurance is fun!
North Carolina Man Sues Hookup Website for Marriage Breakup
Posted: Tue Dec 17 -- Hey, Bub. There's a reason she was looking for something different, and she would have found it elsewhere if it hadn't been through some... reality bites
Obamacare November Enrollment Tops 250,000; Sebelius Seeks Probe of Botched Launch
Posted: Mon Dec 16 -- Agent, That is why you are the DB of the year on this blog. I did not ask you to apologize to insurance 102, only me. I gave you 2 choices... Ron

Current Issue

December 16, 2013
Current Issue
The Charity Issue - 10% of Net Sales Go to IICF & City of Hope; Photos of Your Organization Involved in Charity Work; Insurance Heroes

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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Dec 20, 2013

Daily Headlines: Friday, December 20, 2013

Sponsored by: QBE. Devote yourself to big dreams with a global insurer that's committed to the U.S. Marketplace. Click here for more information.
Insurance Journal Daily Headlines
December 20, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Target Credit Card Breach a Reminder U.S. Lags in Personal Data Security

The security breach of credit and debit card data at Target Corp. is evidence of the increasing threats retailers face and a reminder that ...

Obama Exempts Canceled Policyholders from Individual Mandate

Americans whose health plans are being canceled because their coverage doesn't meet Obamacare rules will be exempt from the mandate that ...

New Food Safety Rules Delayed to Weigh Farmers' Concerns: FDA

Food safety rules the U.S. planned to implement this year are being delayed by months because the requirements were too complex for some ...

Best Affirms CNA Financial and Subs' Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of 'A' (Excellent) and issuer credit ratings (ICR) of "a" of the ...

Liberty Mutual Enhances Inland Marine Coverage, Partners with NER

Liberty Mutual Insurance has partnered with the National Equipment Register (NER) to provide its inland marine contractors' equipment ...

From MyNewMarkets.com Not Just Hiring's, Headlines & Hoopla: Berkshire Hathaway Specialty Emerges from 2013 a Serious Player

2013 has been quite a year for Berkshire Hathaway Specialty Insurance (BHSI) - or half of a year, anyway. Since opening its doors for...
Carrier Management

Are You A Magnet For Talent?

There's a talent crisis looming. Your best assets walk out the door every night, and you need leaders to help steer and...
Get Listed in IJ's Program Directory Subscribe to Insurance Journal Magazine - Free
East

Massachusetts Congressional Delegation Challenges FEMA's New Flood Maps

Members of the Massachusetts Congressional delegation, led by Congressman Bill Keating, recently sent an open letter to the Federal ...

Arthur J. Gallagher & Co. Acquires Longfellow Financial in Boston

Arthur J. Gallagher & Co. announced its acquisition of Boston-based Longfellow Financial LLC. Terms of the transaction were not disclosed. ...

R.I. Woman Charged With Workers' Comp Fraud, Ordered to Pay $10K

A 76-year-old Providence, Rhode Island, woman must pay $10,000 in restitution on a charge of obtaining money under false pretenses for ...

SterlingRisk Appoints Northeast Private Client Practice Leader in New York

SterlingRisk, a national insurance brokerage based in Woodbury, N.Y., announced that Ben Phillips has joined the firm as the Northeast ...

St. John's University to Relocate Manhattan Campus

St. John's University has leased 71,000 square feet of space for its Manhattan campus at 51 Astor Place, between Third and Fourth Avenues ...
Insurance Journal's Charity Issue - read now online or download for later
Midwest

Nearly 300 Storm Damage Reports in Lafayette, Indiana Area

Authorities in Indiana have compiled nearly 300 reports of damage from last month's tornado-packed storms in the Lafayette area as they ...

Former Michigan Court Employee Gets $250K Settlement in Harassment Case

A former Bay County Friend of the Court employee who filed a federal lawsuit in Michigan saying she was sexually harassed is getting a ...

Michigan's Accident Fund Holdings Promotes Key Executives

Lansing, Mich.-based workers' compensation insurer, Accident Fund Holdings Inc., has promoted several key executives, including: Frank ...
Southeast

Tennessee High Court Allows Parking Lot Claim Against Wal-Mart

The Tennessee Supreme Court has ruled that a woman injured in a Wal-Mart parking lot in Red Bank can proceed with her negligence lawsuit ...

United Property & Casualty Approved to Write in Georgia

The Georgia Department of Insurance has approved United Property & Casualty Insurance Co. (UPC) to write property/casualty insurance in the ...

Tennessee County Official Vows to Carry Out Own Workers' Comp Drug Test

An East Tennessee official who refuses to enforce a county drug-testing policy says he'll implement his own. Hawkins County Property ...

Alabama Wildlife Chief Seizes Woman's Pet Deer In Public Safety Move

A Dauphin Island woman wants to know the fate of her two pet deer after wildlife officials removed them and said they were a danger to the ...
South Central

Arthur J. Gallagher Acquires Houston's Barmore Insurance Agency

Arthur J. Gallagher & Co. has acquired Barmore Insurance Agency Inc. located in Houston, Texas. Terms of the transaction were not ...

Clingman to Join Workers' Comp Research Group in Oklahoma

The Workers Compensation Research Institute (WCRI) announced that Michael Clingman will be joining WCRI in January as a regional director. ...

Hearing: Which Court Should Hear Louisiana Coastal Lawsuit ?

A legal tug-of-war continues in a Louisiana state levee board's lawsuit against 97 oil, gas and pipeline companies over the erosion of ...
West

Wildfire in California's Big Sur 79 percent contained

Rain and higher humidity on Thursday helped firefighters battling a wildfire in California's Big Sur region that has destroyed an estimated ...

'Three Cups' Insurer Lawsuit In Montana Dismissed

A judge has dismissed a lawsuit by the charity co-founded by "Three Cups of Tea" author Greg Mortenson against an insurance company. U.S. ...

Former California Broker Charged With Identity Theft And Forgery

Former insurance agent Eugene Shy-Ren Hsu, 31, of West Covina, Calif., was arrested by Department of Insurance officers and charged with ...
Sponsored by: Dealey, Renton and Associates. For nearly 30 years, we have offered: Competitive pricing, Policy limits up to $10,000,000, Flexible coverage options and rating plans, Toll-free Claims line. Click here for more information.
International

London Theaters Checked After 88 Hurt in Apollo Ceiling Collapse

Checks will be carried out on historic theaters in London's West End entertainment district today after 88 people were hurt when part of a ...

Swiss Re Adopts New Brand Strategy, Logo for 150th Anniversary

Swiss Re has unveiled a new brand strategy and a modernized logo marking the day of its official 150 year anniversary. The new brand ...

ABIR Applauds US-Bermuda Agreement to Share Tax Information

Bradley Kading, president and executive director of the Association of Bermuda Insurers and Reinsurers (ABIR), has praised an ...

Standard & Poor's Report Reviews Global Insurance Ratings

A report from S&P's rating services notes that "after revising its insurance criteria earlier this year", the rating agency "affirmed more ...

Catalina Completes Shareholder Restructuring; $200 Million New Equity

Catalina Holdings (Bermuda) Ltd, the long term consolidator in the non-life run-off sector, announced that, "following regulatory approvals ...

Ratings Recap: Sunderland Marine, TransRe London, Instituto Nacional (Costa Rica)

A.M. Best Europe - Rating Services Limited has placed under review with developing implications the financial strength rating of 'A-' ...
Insurance Journal Blogs

For a Season's Greeting, Drive This Car(d)

IJAM welcomes guest blogger Laura Packard, VP of Sales & Marketing at American Collectors Insurance. Just in time for the ...

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Insurance Journal TV

Video thumbnail

Coastal Agents Alliance Stays Focused on Coastal Homes: Byrne

In 2004, Tim Byrne and his brother were growing their Cape May, N.J. agency just fine. Then...
Video thumbnail

Markets in Motion - Sports & Entertainment Venue

The 650,000 square foot Honda Event Center in Anaheim, Calif. holds thousands of people at any...

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

Travelers reducing commissions
Posted: Fri Dec 20 -- Embelleshment can just be done towards caps, promotional clothing basically well on the grounds that sport laptop bags. Buy the span and... RichardOr
Broker fees
Posted: Thu Dec 19 -- Thanks for the heads up mate! I had the correction sent in to our developer... ABMCalifornia
Affordable Care Act: A Brief Explanation
Posted: Thu Dec 19 -- Nothing in that initial statement will LOWER ANY COSTS???? Wakeup and realize the fraud that has been perpetrated upon the American public.... mhutch69
Question on estimating a business value
Posted: Thu Dec 19 -- I have brokered many agency acquisitions and sales and always paid more than my costs. Hoping there is an Excel spreadsheet with 200... mhutch69
Looking for used CPCU books
Posted: Wed Dec 18 -- Hi there, I am looking to start the designation with CPCU 500 as soon as possible. Does anyone know where I can purchase used books? meghankleavy1088
Christmas Bonus?
Posted: Tue Dec 17 -- I completely agree with D on this one. We are "very" generous with our Christmas bonuses, perhaps too much with some.... Smalltownagent
Lakefront Motels
Posted: Sun Dec 15 -- If you still need help feel free to get in touch, I have a few markets that love this type of risk. ABMCalifornia

Reader Comments

Probation Sentence in Texas Teen's Fatal DWI Wreck Stirs Ire
Posted: Fri Dec 13 -- It starts out very innocently. Conservatives make the case that the top 1% of Americans are job creators and that reducing their taxes will... naksuthin
South Carolina Jury Awards $890K to Man Wrongly Accused by Condo Board
Posted: Mon Dec 16 -- Good for Mr. King. These condo association board members think they are the big guy in the sky, judge and jury. Not all, but most are... Serves them well
Obamacare November Enrollment Tops 250,000; Sebelius Seeks Probe of Botched Launch
Posted: Sat Dec 14 -- Well Insurance 102 I don't care what to like kind gender do to eat other as long as they don't flaunt their orientation in my face or try to... Sargeant Major
North Carolina Man Sues Hookup Website for Marriage Breakup
Posted: Tue Dec 17 -- Hey, Bub. There's a reason she was looking for something different, and she would have found it elsewhere if it hadn't been through some... reality bites
AmTrust Financial Refutes Negative Report, Says Future Has 'Never Been Brighter'
Posted: Tue Dec 17 -- This is the same story the Tower Group floated and we all know where they went... Where there is smoke there is fire CPCU Man

Current Issue

December 16, 2013
Current Issue
The Charity Issue - 10% of Net Sales Go to IICF & City of Hope; Photos of Your Organization Involved in Charity Work; Insurance Heroes

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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.
Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2013 by Wells Media Group, Inc.

Dec 19, 2013

Daily Headlines: Thursday, December 19, 2013

Sponsored by: ACE Group. What does it mean to be ACE insured? Having a team that truly understands small business risks and goes out of their way to help. Click here for more information.
Insurance Journal Daily Headlines
December 19, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

The Agency Manager-Employee Operations Gap and E&O Risk: Survey

Agency managers tend to have a rosier view of agency operations than their employees do, according to a survey that also suggests this gap ...

Surplus of Capital Continues to Temper Property Rates: Marsh

The surplus of capital among insurers and reinsurers continued to have an overall softening effect in the U.S. property insurance market ...

Judge Allows Investors' Class Action Against Facebook, Underwriters Over IPO

Facebook Inc. and the underwriters of its May 2012 initial public offering must face a class-action lawsuit by investors claiming the ...

Toyota Camry Improves in Insurance Safety Test

Toyota Motor Corp.'s Camry, headed for its 12th consecutive year as the best-selling car in the U.S., returned to Consumer Reports' ...

Agents Say Getting More Carriers to Offer 'Real Time' Is Among Top Tech Priorities

The industry should place its highest priority on "getting additional carriers to offer real-time capabilities," according to a survey of ...

AmWINS CEO DeCarlo Named 2014 Honoree of City of Hope Charity

The City of Hope and the National Insurance Industry Council said M. Steven DeCarlo, CEO of Charlotte, North Carolina-based AmWINS Group ...

The PIA Partnership Launches Growth Tool For Agency Members

The National Association of Professional Insurance Agents (PIA) and its agency-company council, The PIA Partnership, have designed a new ...

From MyNewMarkets.com Not Just Hiring's, Headlines & Hoopla: Berkshire Hathaway Specialty Emerges from 2013 a Serious Player

2013 has been quite a year for Berkshire Hathaway Specialty Insurance (BHSI) - or half of a year, anyway. Since opening its doors for...
Carrier Management

Inga Beale: The Backstory of Lloyd's Incoming CEO

Official biographies of Inga Beale, who will be become the first woman to lead Lloyd's as CEO on Jan. 1, reveal her...
Are you Hiring? Post your job opening on Insurance Journal's Job Board!
East

New York to Provide $4M Grant Funding to Fight Auto Theft, Insurance Fraud

New York Gov. Andrew Cuomo announced the state will provide nearly $4 million in grant funding to 29 local police departments, district ...

Financial Services Firm Cantor Fitzgerald Announces $135M Sept. 11 Settlement

Financial services firm Cantor Fitzgerald, which lost nearly two-thirds of its employees in the Sept. 11, 2001 attacks against the U.S., ...

Vermont Already Preparing for the Next Big Storm

Vermont and federal officials Monday highlighted the state's ongoing efforts to prepare for what is expected to be increasingly severe ...

Union Mutual of Vermont Companies Names New President/CEO

Union Mutual of Vermont Companies announced Michael W. Nobles was elected to become the new president and chief executive officer of Union ...

N.Y. Approves Esurance Program Aimed at Preventing Teen Texting and Driving

New York Gov. Andrew Cuomo's administration announced it has approved Esurance's new telematics program designed to help prevent teens from ...
Midwest

Amid Criticism, Minnesota Health Insurance Exchange Chief Resigns

The chief of Minnesota's health insurance marketplace resigned Dec. 17 after facing criticism over the troubled rollout and a questionably ...

Another Missouri Appeals Court Questions Red Light Cameras

For the third time in a month, a Missouri appeals court ruling has raised concerns about red light cameras. The Eastern District of the ...

Over $9.4M in Safety Rebates Awarded by Ohio Workers' Comp Bureau

The Ohio Bureau of Workers' Compensation (BWC) announced that thousands of Ohio employers are receiving more than $9.4 million in savings ...

Tyson Foods Fined $147K for Safety Violations at Kansas Plant

Tyson Foods Inc. has been cited by the U.S. Department of Labor's Occupational Safety and Health Administration for four workplace safety ...
Southeast

Florida Lawmakers Unveil Plan to Encourage Private Market for Flood Insurance

With the chances of a federal solution to rising flood insurance rates waning by the day, Florida lawmakers are pressing forward with a ...

Report Casts Light on High Cost of Homeowners Insurance in Florida

Floridians are paying the highest homeowner insurance rates in the nation even though the state has not been hit by a hurricane in nearly a ...

NICB: Florida Posts 23% Spike in Questionable Insurance Claims

Florida's questionable claims rose 23 percent from 2010 to 2012, according to the National Insurance Crime Bureau's (NICB) 2010-2012 ...
South Central

Texas Tries Again to Put Drunk-Driving Teen Behind Bars

Texas prosecutors are trying a second time to imprison a teen who was sentenced to 10 years' probation for drunkenly driving his truck into ...

LeBreton Joins Specialty Risk Associates in Louisiana

Shreveport, La.-based Specialty Risk Associates Inc. announced that Sue LeBreton joined the firm as a commercial lines underwriter. Prior ...

Gentry to Retire from Insurance Council of Texas

Rick Gentry, executive director of the Insurance Council of Texas (ICT) since 1997, has announced that he will retire from the association ...

Questionable Insurance Claims on the Rise in Texas: Report

Questionable insurance claims rose by 38 percent in Texas from 2010 through 2012, the National Insurance Crime Bureau (NICB) reports. ...
West

Farmers Sues Radiological Corporations for $3 Million

Los Angeles-based Farmers Insurance Exchange filed a lawsuit in the Superior Court of California against two radiological corporations ...

Tougher Drunk Driving Laws on Way in Colorado

Colorado drunk driving laws are about to get tougher in 2014. Starting on Jan. 1, any Colorado driver who refuses a sobriety test will be ...

California's $1.1B Paint Ruling Could Prompt More Suits

Paint makers could face a surge of lawsuits after a California state court judge ordered three companies to pay $1.1 billion to help ...

Rate Hikes in California Workers' Comp: SNL Financial

AmTrust Financial Services Inc. hiked rates by 15 percent on its California workers' compensation business in 2013, and it is not alone. ...

Utah, Chevron Agree On $5.35M Fuel Spill Settlement

Utah officials say they've come to a tentative $5.35 million settlement with Chevron after a pipeline leaked about 20,000 gallons of diesel ...
Sponsored by: Dealey, Renton and Associates. For nearly 30 years, we have offered: Competitive pricing, Policy limits up to $10,000,000, Flexible coverage options and rating plans, Toll-free Claims line. Click here for more information.
International

Liberty Mutual Group to Buy Rest of Irish Unit from IBRC

Liberty Mutual Group Inc. said it will buy the 49 percent stake in the former Quinn Insurance Ltd. in Ireland that it doesn't already own ...

Willis Appoints Owens as CEO of New Global Captive Management Unit

Willis Group Holdings announced the appointment of Paul Owens as CEO of the newly formed Willis Global Captive Management business, ...

Torus Appoints Milne to Accident & Health Team

Torus, the global specialty insurer, announced that John Milne has joined the company as Accident & Health Underwriter. The bulletin said ...

Join the Insurance Journal Network

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Insurance Journal TV

Video thumbnail

Coastal Agents Alliance Stays Focused on Coastal Homes: Byrne

In 2004, Tim Byrne and his brother were growing their Cape May, N.J. agency just fine. Then...
Video thumbnail

Markets in Motion - Sports & Entertainment Venue

The 650,000 square foot Honda Event Center in Anaheim, Calif. holds thousands of people at any...

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

Broker fees
Posted: Thu Dec 19 -- Who's bragging? I'm just asking as simple question.. I feel like I'm dealing with underwriters here... ABMCalifornia
Question on estimating a business value
Posted: Wed Dec 18 -- I'm sure that valuation professionals are great at what they do, but do you (or anybody) know of any good online tool that could provide a... mlwhite79
Looking for used CPCU books
Posted: Wed Dec 18 -- Hi there, I am looking to start the designation with CPCU 500 as soon as possible. Does anyone know where I can purchase used books? meghankleavy1088
Christmas Bonus?
Posted: Tue Dec 17 -- I completely agree with D on this one. We are "very" generous with our Christmas bonuses, perhaps too much with some.... Smalltownagent
Lakefront Motels
Posted: Sun Dec 15 -- If you still need help feel free to get in touch, I have a few markets that love this type of risk. ABMCalifornia
SEO and buying back links
Posted: Sun Dec 15 -- I would never recommend buying links. If there's one thing I learned over the past five years it's don't ever try to trick Google into... ABMCalifornia
errors and omision
Posted: Sun Dec 15 -- Justin, I'm not sure what state you plan on doing business in but if you have not already been helped feel free to get in touch. I've taken... ABMCalifornia
New Insurance Agency
Posted: Fri Dec 13 -- A couple of more resources, one rarely mentioned but I know they help a lot of independent agencies: agentequity.com. specifically their... gregg@prospect

Reader Comments

Death Spiral Unlikely for Obamacare: Study
Posted: Wed Dec 18 -- Come on 'Whodathunkit'! You've been told that the numbers add up! Don't you believe what you've been told? Why would you question anything... Pete
Probation Sentence in Texas Teen's Fatal DWI Wreck Stirs Ire
Posted: Fri Dec 13 -- It starts out very innocently. Conservatives make the case that the top 1% of Americans are job creators and that reducing their taxes will... naksuthin
South Carolina Jury Awards $890K to Man Wrongly Accused by Condo Board
Posted: Mon Dec 16 -- Good for Mr. King. These condo association board members think they are the big guy in the sky, judge and jury. Not all, but most are... Serves them well
Obamacare November Enrollment Tops 250,000; Sebelius Seeks Probe of Botched Launch
Posted: Sat Dec 14 -- Well Insurance 102 I don't care what to like kind gender do to eat other as long as they don't flaunt their orientation in my face or try to... Sargeant Major
Family of North Carolina Teen Killed by Stray Bullet Sues Gunmaker
Posted: Thu Dec 12 -- Surprised Travon's parents have not sued Snapple and skittles yet. jack

Current Issue

December 16, 2013
Current Issue
The Charity Issue - 10% of Net Sales Go to IICF & City of Hope; Photos of Your Organization Involved in Charity Work; Insurance Heroes

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