| March 29, 2013
East Pennsylvania's Overall Workers' Comp Rates to Drop 4.01%Pennsylvania Insurance Commissioner Mike Consedine announced Thursday that a workers' compensation rate reduction will go into effect next ... Four Insurers to Reimburse Mass. Drivers to Settle Allegations of OverchargesFour auto insurers have settled allegations that they overcharged Massachusetts consumers relating to auto insurance surcharges that were ... Lloyd's Sues N.H. Utility Company, Says Electrical Glitch Caused FireThe insurer for a business at New Hampshire's Hampton Beach has sued a utility, saying a February 2010 fire that destroyed a block of ... Midwest Michigan Drivers to Pay $11 More for Crash-Related Health CareAn insurance board says the annual fee that Michigan drivers pay for some personal injury costs will increase 6 percent to $186 per year ... New Rules in Place in Michigan for Insurer Use of Credit InformationA series of new laws have taken effect in Michigan that how insurance companies can use a person's credit information. The laws passed last ... Child Care Provider Liability Law Passes in NebraskaLawmakers have passed new insurance requirements for licensed child care providers in Nebraska. Child care services would have to provide ... Lack of Insurance, Permits Closes Nebraska City Free Bar ShuttleTwo Nebraska City, Neb., men have been told they can't continue to offer free rides to bar patrons until the men get permits and more ... Southeast Kentucky Legislature Approves Christians-Only Health Plan BillA Christians-only health care plan would be allowed to resume operations in Kentucky under a measure that has passed the Legislature and is ... Loss from Tennessee Wildfire Estimated at $12 MIllionSevier County, Tennessee authorities estimate the loss in a wildfire earlier this month at about $12 million. The Mountain Press reported ... South Central Louisiana Couple Arrested for Possessing $165K in Stolen VehiclesLouisiana State Police announced that insurance fraud detectives have arrested a Lake Charles couple for charges relating to possession of ... ImpactWeather: Hurricanes in 2013 Will Be More Severe Than in 2012Houston-based ImpactWeather predicts that 2013 will bring a series of hurricanes more severe than 2012. In an announcement released by the ... Ex-New Orleans Policeman Pleads Guilty to Criminal Mischief in Car CrashA former New Orleans police officer accused last fall of falsifying a police report to cover up an alleged hit-and-run accident in his ... Questionable Arson Investigation Leads to New Trial for Texas ManA Texas man convicted of setting a fire that killed his two stepsons was granted a new trial by the state's highest criminal court, which ... West UC Irvine to Settle Federal Fraud Claims For $1.2MUC Irvine has agreed to pay $1.2 million to settle allegations that the Southern California university allowed residents at its medical ... Hawaii Naturopathic Doctor Sued in Home BirthA 28-year-old Manoa woman has filed a lawsuit against a Honolulu naturopathic doctor she says acted negligently and caused her son to ... Proceedings Sought For New Mexico Gas ExplosionNew Mexico pipeline safety regulators say New Mexico Gas Co. violated state laws and federal regulations during work that occurred before a ... ProAssurance, CAP Partner to Offer California Hospitals Liability ProtectionProAssurance Corp., a specialty writer of professional liability insurance, and the Cooperative of American Physicians, Inc. (CAP) are ... International History of Bank Runs Shows Capital Limits Can Feed the FearWhen Argentina froze access to bank deposits in December 2001, the popular backlash was so severe its president and his successor had ... Earthquake Rattles Central Taiwan; Causes Minor Damage: AIR WorldwideCatastrophe modeling firm AIR Worldwide reports that a "magnitude 6.0 earthquake struck central Taiwan on March 27, 2013, at 10:03 a.m. ... Best Affirms Fairfax Financial and Subs Ratings; Outlook StableA.M. Best Co. has affirmed the issuer credit rating (ICR) of "bbb" and the unsecured debt and preferred equity ratings of Toronto-based ... Best Sees Alliance Deal with Yapi Kredi Enhancing Business ProfileA.M. Best Europe - Rating Services Limited has commented on the recent announcement from Germany's Allianz SE that it is entering into a ... Ratings Recap: Ansvar, ARABIA (Jordan), ARABIA (Lebanon), ARABIA (Saudi Arabia), TransmondeA.M. Best Asia-Pacific Limited has affirmed the financial strength rating of 'A-' (Excellent) and issuer credit rating of "a-" of ... Join the Insurance Journal NetworkInsurance Journal TV
New Discussions in the ForumsSIAA vs. Cluster? Posted: Fri Mar 29 -- I'm a 15 year Farmers agent who is looking for an exit strategy and like the sound of some of these companies that pool resources. I've... JZanders Farmers vs. Independent Posted: Thu Mar 28 -- hello Friends, I am a new in field with a CA P&C License. Please suggest me the company,where I would start as a entry level or trainee... munda4545 New independent agency Posted: Wed Mar 27 -- Another good thing to remember when starting a new agency is the workload you are going to have to do on certificates, and having questions... policyspot Reader CommentsLobbyists Keep Battling As Obamacare Turns 3 Posted: Mon Mar 25 -- There has never been a bill passed in Congress in the history of the country that has had as much negatively said about it after this much... Agent Florida Gov. Scott, Insurers Vow Fight to Save PIP Law After Injunction Posted: Fri Mar 22 -- Just do away with this outdated coverage. Create reasonable mandatory bodily injury liability limits. Make UIM/UM a mandatory coverage with... TN Insurance Agent Takes Stand on Gay Marriage in Supreme Court Case Posted: Thu Mar 28 -- Is your young daughter an adult? If yes, and she consents, then we have 2 consenting adults and they should be allowed to get married (enter... Captain Planet How Obamacare Could Affect P/C Insurance Posted: Thu Mar 28 -- Sarting to see employers who have 20-50 workers set up new companies (split there employees between two companies) to avoid paying for... TX Agent Flood Insurance Policyholders Told to Expect Big Premium Hikes Posted: Thu Mar 28 -- About time, tired of seeing my tax dollars going to New York and New Orleans! If you want to live on the water, you pay for it, not me! I... H Vogel | Subscriber ToolsCurrent IssueMore 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. |
Mar 29, 2013
Daily Headlines: Friday, March 29, 2013
Mar 28, 2013
Daily Headlines: Thursday, March 28, 2013
| March 28, 2013
East Report: Massachusetts to See Drop in Medical Claims CostsMedical claims costs are expected to soar in many states under President Barack Obama's health care overhaul. Massachusetts is an ... Connecticut Receives $250M in Federal Sandy AidConnecticut's governor says more than $250 million in federal assistance has been approved to help people and businesses affected by ... Hospitality Insurance Announces 3 Senior Appointments in MassachusettsHospitality Insurance Group -- a Westborough, Mass.-based insurer offering insurance coverage for bars, restaurants, package stores and ... Study Shows Medical Claims Cost Increasing in DelawareA new study says medical claims costs in Delaware will increase by almost 30 percent for individual policies under President Obama's health ... Midwest Few Wisconsin Communities Have Sober Bartender LawsThe eastern Wisconsin city of Neenah is considering an ordinance that would require bartenders to show up for work sober - and ban them ... A.M. Best: Outlook Negative for Columbia Mutual Insurance Co.A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating (FSR) of A- (Excellent) and issuer ... Ohio Woman Sentenced for Workers' Comp Fraud, Owes $88KAn Ohio woman was sentenced on multiple counts after agents with the Ohio Bureau of Workers' Compensation (BWC) captured video of her ... Southeast North Carolina Bill Would End Motorcycle Helmet Mandate for AdultsLegislation that would end North Carolina's mandatory helmet law and make it optional for riders age 21 and over won support from the ... West Virginia Unlikely to Remove Local Guns Laws: Senate PresidentWest Virginia Senate President Jeffrey Kessler says a bill that would eliminate municipal gun restrictions in four cities is unlikely to ... West Virginia Vote on Seat Belt Law Due TodayWest Virginia's House of Delegates is back on track to vote on whether to allow traffic stops for failure to wear a seat belt. Legislation ... South Central Louisiana Sinkhole Expands AgainAbout 25 trees fell into the Assumption Parish, La., sinkhole and officials say a new crack formed Monday night in a well pad south of the ... Oklahoma Panel Delays Vote on Workers' Comp ReformA scheduled Oklahoma House committee vote on a Republican-backed plan to overhaul the state's workers' compensation system has been delayed ... Katrina, Sandy Offer Similar Lessons for BuildersLessons learned from Hurricane Sandy about how best to limit damage to buildings closely track those of Katrina, a federal engineer said. ... West Black LAPD Officer Wins $1.2M Discrimination SuitA black Los Angeles police officer was awarded $1.2 million by a Southern California jury Tuesday for his racial discrimination and ... Bond Set At $1M Following Idaho Man's 7th DUI ChargeA south-central Idaho man with six previous convictions for driving under the influence has been charged with a seventh after police say he ... OSHA Fines Nevada Energy $43K After Worker's DeathFederal officials have fined NV Energy $43,000 after investigating a fall that killed a 29-year-old Nevada employee in September. The Las ... PG&E: Progress On Safety Recommendations at California PlantMore than two and a half years after a pipeline explosion killed eight people in a San Francisco suburb, a Northern California utility said ... Heffernan Benefits Names Alarcon in Northern CaliforniaHeffernan Benefits Advisory Services, a division of Heffernan Insurance Brokers, named Andrea Alarcon to the position of benefits ... International Austerity Threatens Europe's Competitive Edge in InfrastructureEurope's carefully maintained autobahns, high-speed TGV trains and vast network of modern airports have long been the envy of the world. ... Allianz Seals Deal with Turkey's Yapı Kredi for Insurance Acquisition/DistributionGermany's Allianz announced that it has reached an agreement with Turkey's Yapı Kredi for a 15-year exclusive distribution agreement and ... Lloyd's Bounces Back from 2011 Loss: Posts $4.517 Billion 2012 ProfitLloyd's announced an overall profit of $4.517 billion for 2012, making the $800 million loss in 2011, the costliest year on record for ... Swiss Re Settles Dispute with Berkshire Hathaway over Life RetrocessionSwiss Re announced that it has reached a settlement of a dispute with Berkshire Hathaway over a life retrocession agreement, concluded in ... Ratings Recap: Takaful Int'l., Malayan InsuranceA.M. Best Europe - Rating Services Limited has assigned a financial strength rating of 'B++' (Good) and an issuer credit rating of "bbb" to ... Insurance Journal Blogs North Carolina's 'Other' Auto Insurance MarketI've already covered in these pages some of the things the editorial pages of North Carolina's leading newspapers are getting wrong about ... Join the Insurance Journal NetworkInsurance Journal TV
New Discussions in the ForumsSmart Choice or Superior Access Posted: Tue Mar 26 -- i don't have an answer for any of the post here today but just want to share my experience with Smart Choice. i have a new agency and signed... robert Arizona broker fees Posted: Mon Mar 25 -- If the Wholesale Broker / MGA is making the filing (regardless of the retail agent having a SL license), then my information was correct. If... AZagent AI request on form 126 - where do you Posted: Fri Mar 22 -- Either of those works, but also put it in the hazards (class code & rate) section with Addl Ins BF so if they see it on the rating portion... FurriePrincess What is your biggest pain as an agent? Posted: Tue Mar 19 -- Silly requests on COI's from people who think they know what they are doing. Examples: Requiring a 2/4 GL limit, nothing else, when insured... kevinraz Reader CommentsLobbyists Keep Battling As Obamacare Turns 3 Posted: Mon Mar 25 -- There has never been a bill passed in Congress in the history of the country that has had as much negatively said about it after this much... Agent Florida Gov. Scott, Insurers Vow Fight to Save PIP Law After Injunction Posted: Fri Mar 22 -- Just do away with this outdated coverage. Create reasonable mandatory bodily injury liability limits. Make UIM/UM a mandatory coverage with... TN Obamacare to Hike Some, Lower Other Individual Health Premiums: Sebelius Posted: Wed Mar 27 -- I agree Dave. Instead of doing the right thing for the people and doing Tort Reform, they accepted the money from the Trial Lawyers and left... Agent Insurance Agent Takes Stand on Gay Marriage in Supreme Court Case Posted: Wed Mar 27 -- That would be any species that exists in nature and has the potential to engage in sexual activity. "Species" is in reference to the manner... Don't Call Me Shirley Minnesota Bills Would Allow Driver Licenses for Illegal Immigrants Posted: Sat Mar 23 -- And isn't that just a slap in the face to those immigrants who are here LEGALLY?? Very disappointing.......of course, it was Democrats that... Conservative | Subscriber ToolsCurrent IssueMore 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.
Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2013 by Wells Media Group, Inc. |
Mar 27, 2013
Daily Headlines: Wednesday, March 27, 2013
| March 27, 2013
East N.Y. Nassau Coliseum Workers to File Suits Over Asbestos ExposureMore than 100 workers are alleging that long-term exposure to asbestos at Nassau Coliseum has made them seriously ill. The plaintiffs ... Maine, R.I. Granted Disaster Aid for February StormMaine will be eligible for federal help to cover the costs of a blizzard that hit in early February. President Barack Obama on Monday ... Digital Insurance Buys Group Brokerage Insurance Agency in MassachusettsAtlanta-based benefits broker Digital Insurance has acquired Group Brokerage Insurance Agency of Cambridge, Mass. The nearly 30-year-old ... Markel Appoints Chief Information Officer in VirginiaRichmond, Va.-headquartered Markel Corporation announced that Mike Scyphers has been promoted to chief information officer. Scyphers is an ... Midwest WCRI Says Medical Care Costs for Injured Workers Low in MichiganThe costs of medical care for injured workers in Michigan is the lowest of any state in a 16-state study conducted by the Workers ... SeaFire Insurance Services Seeks Agency Partners in Wisconsin, IllinoisOverland Park, Kan.-based SeaFire Insurance Services announced it is actively seeking new agency partners in Wisconsin and Illinois for its ... Wagner Named Chief Underwriting Officer at Michigan-Based AmerisureAmerisure Mutual Insurance Co., a Farmington Hills, Mich.-based provider of property and casualty insurance for more than 100 years, has ... A.M. Best: Outlook Negative for Ellington Mutual Insurance Co.A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of B+ (Good) and issuer credit ... Southeast Florida Regulators Allege Fraud by Allianz in Case of Failed InsurerFlorida regulators are alleging that insurer Allianz and its companies contributed to the collapse of a Florida domestic property insurer ... Florida's Citizens Reduces Risk of Emergency AssessmentsFlorida's state-backed property insurer announced that it has reduced the size of any possible emergency assessments on policyholders due ... Tennessee Official Expects Insurance to Cover Relocating School Threatened by SinkholeUnicoi County (Tennessee) Schools Director Denise Brown said she's confident the cost of relocating an elementary school threatened by a ... MagMutual Expands PL Coverage to Hospitals, Health SystemsMAG Mutual Insurance Co., a medical professional liability insurer in the Southeast, is now offering a suite of coordinated coverage, ... South Central Rig Worker: Training Saved Lives After BP BlowoutA Transocean employee who served as chief mate on the Deepwater Horizon testified in New Orleans that he believes the rig crew's emergency ... House Committee to Consider Oklahoma Workers' Comp BillA Republican proposal to shift Oklahoma's workers' compensation system from a court system to an administrative system is scheduled to be ... ACE USA Promotes Humphrey, Connelly in HoustonACE USA, the U.S.-based retail operating division of the ACE Group, announced new executive appointments in its global client executives ... Cleveland Joins SWBC in San AntonioSan Antonio-based insurance and diversified financial services company, SWBC, has added Joan Cleveland to its executive team as CEO of SWBC ... West Yellowstone Oil Spill-Violations $1.7M Penalty Proposed In Exxon SpillFederal pipeline regulators have proposed $1.7 million in penalties against Exxon Mobil Corp. for a pipeline rupture that spewed crude oil ... Tsunami Preparedness Week in AlaskaGov. Sean Parnell declared this Tsunami Preparedness Week in Alaska. Parnell, in his proclamation, says Alaska's vast coastline is home to ... Idaho Hospital Faces Monopoly LawsuitA lawsuit has been filed against Portneuf Medical Center in Pocatello, Idaho contending the hospital prevented competition by controlling ... Report: Montana Disaster &Emergency Services Dysfunctional, DivisiveThe Montana agency that responds to natural disasters and emergencies is a dysfunctional, divisive workplace with a climate of fear and the ... Keyser Named Senior VP of HR at Fireman's Fund in CaliforniaNovato, Calif.-based Fireman's Fund Insurance Co. named Amy Keyser senior vice president of human resources. Keyser is responsible for ... International Swiss Re Study for 2012 Losses: $77 Bn Insured; $186 Bn EconomicSwiss Re has released its latest sigma study, which found that economic losses from natural catastrophes and man-made disasters reached ... Emerging Powers China, Brazil Move Closer to Non-Dollar Trade PactChina and Brazil agreed on Tuesday to swap up to the equivalent of $30 billion in each other's currencies if need be so that their ... UK's Prudential Fined $45 Million for Hiding AIA Takeover PlansPrudential, Britain's largest insurer, has been fined £30 million ($45.4 million) for failing to tell the UK financial regulator about its ... Wicks Joins UK's Miller Reinsurance TeamMiller Insurance Services announced that non-marine casualty reinsurance production and placement specialist Ian Wicks has joined its ... Insurance Journal Blogs Burand's Agency E&O Blog: Tip #27Agency Catastrophe Plans. How to keep a catastrophe from becoming an even bigger catastrophe. I don't know who said it, but they correctly ... Join the Insurance Journal NetworkInsurance Journal TV
New Discussions in the ForumsSmart Choice or Superior Access Posted: Tue Mar 26 -- I don't have an answer for any of the post here today but just want to share my experience with Smart Choice. I have a new agency and signed... robert Arizona broker fees Posted: Mon Mar 25 -- If the Wholesale Broker / MGA is making the filing (regardless of the retail agent having a SL license), then my information was correct. If... AZagent AI request on form 126 - where do you Posted: Fri Mar 22 -- Either of those works, but also put it in the hazards (class code & rate) section with Addl Ins BF so if they see it on the rating portion... FurriePrincess What is your biggest pain as an agent? Posted: Tue Mar 19 -- Silly requests on COI's from people who think they know what they are doing. Examples: Requiring a 2/4 GL limit, nothing else, when insured... kevinraz Insurance agencies for sale ? Posted: Mon Mar 18 -- I've got an idea or two. First, contact your broker who handles your E&O agency policy...they're going to know first when an agency is ready... d's insurance store Insurance directories?? Posted: Sun Mar 17 -- I agree the BBB is a great directory to use and it will provide a boast to the rankings Google applies to your site. The more trusted the... BestCarCoverage Reader CommentsLobbyists Keep Battling As Obamacare Turns 3 Posted: Mon Mar 25 -- There has never been a bill passed in Congress in the history of the country that has had as much negatively said about it after this much... Agent Florida Gov. Scott, Insurers Vow Fight to Save PIP Law After Injunction Posted: Fri Mar 22 -- Just do away with this outdated coverage. Create reasonable mandatory bodily injury liability limits. Make UIM/UM a mandatory coverage with... TN Insurance Claim-Padding OK with 24% of Americans: Survey Posted: Wed Mar 20 -- T, We see the evidence of insurance fraud every day. Professional claimants abound. Everything from staged auto accidents, slips and falls... Agent Minnesota Bills Would Allow Driver Licenses for Illegal Immigrants Posted: Sat Mar 23 -- And isn't that just a slap in the face to those immigrants who are here LEGALLY?? Very disappointing.......of course, it was Democrats that... Conservative Oregon Trooper uses Facebook to ID driver Posted: Wed Mar 20 -- That cop deserves a raise!!! KK | Subscriber ToolsCurrent IssueMore 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.
Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2013 by Wells Media Group, Inc. |
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