| September 30, 2013
East New York to Compensate Storm Victims for NFIP's 'Earth Movement' ExclusionNew York will use part of its share of billions of dollars in federal Superstorm Sandy aid to ``fully compensate" storm victims who had ... Flood Insurance Premiums Rising Along New Jersey CoastHundreds of New Jersey flood insurance policyholders will soon be facing higher premiums spurred by sweeping changes to the federal law ... South Jersey Boardwalks' Unique Aspects Challenge FirefightersSqueezing a bunch of structures together along a street made of wood is probably not the way to go when building a fire-resistant ... Connecticut Urges Sandy Victims to Apply for ReliefConnecticut's governor is pointing small businesses affected by Superstorm Sandy to a state website designed to streamline the process of ... Midwest Ohio Work Comp Bureau Awards More Than $258K to Support Workplace SafetyOhio Bureau of Workers' Compensation (BWC) has awarded more than $258,000 in safety intervention grants, split among nine employers. "We ... North Dakota Oil Patch Town Wants Speed Limit ReducedResidents of a small town in the middle of the North Dakota oil patch say they're sick of semitrailers barreling past their homes and want ... Higher Speed Limits Take Effect on Some Ohio RoadsThe speed limit has increased on some parts of U.S. and state routes throughout Ohio. The changes took effect Sept. 29 on more than 600 ... Southeast West Virginia Supreme Court Judge Hits Ruling on MasseyWest Virginia Supreme Court Justice Robin Davis criticized her colleagues in a dissenting opinion Friday for refusing to let institutional ... Alabama Widow Awarded $850,000 in Husband's Death from Medication ErrorA jury in eastern Alabama has awarded a widow $850,000 after her husband was given three times his normal dosage of medication and died ... Group Sues to Block Tennessse Rules on Health NavigatorsA health care advocacy group is suing to halt emergency rules enacted in Tennessee to require background checks for people giving advice on ... Mississippi Insurance Chief Sues to Halt Flood Insurance Rate HikesThe Mississippi Department of Insurance has filed a lawsuit against the federal government to try to block rates from increasing Oct. 1 in ... South Central OSHA Levies $175K in Fines in Fatal Arkansas Crane AccidentA federal safety agency has levied $175,000 in fines against a crane company, Entergy and other firms over a fatal crane accident at ... MarketScout Expands Workers' Comp Specialty DivisionMarketScout, the national electronic insurance exchange and specialty MGA headquartered in Dallas, Texas, announced staff promotions ... Oklahoma Safety Checkpoint Nets 17 Citations for Driving Without InsuranceMembers of the Oklahoma Insurance Department's Anti-Fraud Unit and deputies with the Tulsa County Sheriff's Office recently wrote 17 ... West Montana Man Sentenced For Workers' Comp FraudA 76-year-old Havre, Mont. man has been ordered to pay nearly $84,000 in restitution in a workers' compensation fraud case. The U.S. ... Disaster Declaration For New Mexico's Santa Clara PuebloPresident Barack Obama has signed a disaster declaration for New Mexico's Santa Clara Pueblo. Friday's move frees up federal aid to ... Wrongful Death Suit Filed Against Colorado Bar After Triple-Fatal CrashThe parents of a 16-year-old Carbondale girl who was killed in a car crash have filed a wrongful death lawsuit against a Glenwood Springs ... LAPD Chief Beck Rescinds Car Impound PolicyLos Angeles Police Chief Charlie Beck has rescinded the department's controversial car impound policy that made it easier for unlicensed ... AmTrust to Acquire The Insco Dico Group in CaliforniaAmTrust Financial Services Inc. has entered into a definitive agreement to acquire The Insco Dico Group for roughly $85 million, $7 million ... International FERMA Forum Opens with Solvency II Analysis from Karel Van HulleThe bi-annual Risk Management Forum of the Federation of European Risk Management Associations (FERMA) kicked off with a reception on ... FERMA Releases Positions on Captives, Niche Companies and Solvency IIThe Federation of European Risk Management Associations (FERMA) released a bulletin detailing the organization's position on how captives ... Attorney Jeff Kingsley on 'Post Event' Regulatory Changes, Cyber LiabilityJeff Kingsley, a partner in the law firm of Goldberg Segalla, specializes in the emerging and highly complex field of cyber liability and ... Industry Pioneer Stephen Catlin on Insurance and Environmental ConcernsStephen J.O. Catlin has led the company/group that bears his name since 1984. He's seen it grow into the biggest syndicate at Lloyd's with ... Join the Insurance Journal NetworkInsurance Journal TV
New Discussions in the ForumsMy CPCU journey - almost finished..... Posted: Mon Sep 30 -- Margo - check out the Institutes website. They have a chart that shows what designations will give you credit. I know that by having my CLU... bjwestner Travelers reducing commissions Posted: Sun Sep 29 -- So, are all the agents that represent Travelers thrilled with the new, lower commission schedule on the new auto product? Are all of you... lonestar Feedback - Good, Bad, Ugly on the following Aggregators/GAs Posted: Thu Sep 26 -- I looked at Smartchoice. They said they would hook me up with a bunch of carriers. So they have MET Life call me & Before I realize it I'm... ZappMan What is your biggest pain as an agent? Posted: Thu Sep 26 -- The DNC List! I hate that thing. You can't call anyone anymore it seems like. The only thing worse that that is Voice Mail. ZappMan California Work Comp Class Code detail Posted: Thu Sep 26 -- It is very easy to find the classes and codes... FurriePrincess Non-for-profit Volunteer Coverge Posted: Thu Sep 26 -- PB1 has it right. Volunteer accident coverage is less expensive than WC (when you can get it) and more readily available. GL policies should... CH@Ins4nonprofits Peer-2-Peer Musical Instrument Rental Insurance (SV Startup) Posted: Thu Sep 26 -- Hello everyone, I'd like to inquire about insurance for our business: We're a peer-to-peer internet startup based in San Jose, CA. Our... tobytobitobe Agency Management System Posted: Wed Sep 25 -- Hello, A lot of good info here. I checked out the following... ZappMan Information on Clusters Posted: Tue Sep 24 -- If you've written $1,000,000 in premium in 4 months, why can't you just get your own contracts? yoyowordup Reader CommentsGlobal Warming Slows as Fossil Fuel Emissions Rise to Record Posted: Fri Sep 27 -- I love this comment. "The lower pace of warming in recent years may be explained by natural phenomena including volcanic eruptions, a... Baxtor Idaho Gun Show Canceled Due to Insurance Requirements Posted: Tue Sep 24 -- Well, if Fred says it was a totally different group, then it was a totally differnet group. FYI, Fred, gun shows have guns in there...AND... insurance is fun! Travelers Launching Low Cost, Segmented Product in New Personal Auto Strategy Posted: Mon Sep 23 -- Travelers has always been known as wanting the cream of the crop business with high credit scores, no violations etc. I don't think they... Agent Louisiana State Treasurer Suggests State-Run Flood Insurance Plan Posted: Fri Sep 27 -- There is a way to help subsidize flood rates. The Federal government could require every home owners policy cover flood. Like stated, flood... Baxtor FEMA Chief Disappoints Senators, Says He Can't Delay Flood Insurance Rates Posted: Wed Sep 25 -- Then why not the following: if people can not afford to pay medical insurance then they simply can not afford to receive medical help. But... Mulligan | 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. |
Sep 30, 2013
Daily Headlines: Monday, September 30, 2013
Sep 27, 2013
Daily Headlines: Friday, September 27, 2013
| September 27, 2013
East Mass. Congressional Delegation Seeks Delay of Flood Insurance Rate HikesMassachusetts' congressional delegation is urging fellow lawmakers in Washington to delay implementation of the Biggert-Waters National ... Philadelphia City Council Seeks Tighter Demolition RulesPhiladelphia City Council members hope to make it tougher to get a demolition permit in the wake of a fatal building collapse. Private ... New York Unveils Plan for 'Texting Zones' for Distracted MotoristsNew York Gov. Andrew Cuomo this week continued the state's efforts to reduce distracted driving by unveiling special "Texting Zones" along ... Virginia Police, Nationwide Insurance Promote Move Over lawThe Virginia State Police is joining with Nationwide Insurance to help protect public safety personnel and all those who drive tow trucks ... Midwest Workers' Comp Costs Could Rise for Missouri BusinessesMissouri businesses could face significantly higher costs for workers' compensation insurance next year, due partly to a new law that seeks ... Indiana Sheriff Leery of Armed Teachers in SchoolsA county sheriff told Indiana legislators he doesn't believe school security would be improved by having teachers or principals carrying ... Kansas Attorney Sentenced on Insurance Fraud ChargesA Sharon Springs, Kan., attorney and former insurance agent has been ordered to repay $47,685 and will serve 18 months' probation after ... Southeast West Virginia Senator Manchin Bucks Democrats, Backs Health Mandate DelayU.S. Senator Joe Manchin of West Virginia broke ranks with fellow Democrats and said he'd support a stopgap spending plan that delays the ... Florida Consumer Advocate Westcott Resigns for Job with IndustryFlorida's Consumer Advocate Robin Westcott has resigned to become the vice president of the American Association of Insurance Services, an ... Wholesaler Socius Names Dross as Vice President in FloridaSocius Insurance Services Inc., a management liability and property/casualty insurance wholesaler, announced it has hired Matt Dross as ... Florida's Citizens, Heritage Defend Controversial Takeout DealFlorida's state-backed property insurer found itself on the defensive in Tallahassee this week as state lawmakers inquired into a deal ... South Central Louisiana State Treasurer Suggests State-Run Flood Insurance PlanSeeking a way to ease skyrocketing federal flood insurance rates, state Treasurer John Kennedy has suggested that Louisiana should consider ... Capson Physicians Insurance Adds Coppersmith to Management TeamAustin, Texas-based Capson Physicians Insurance Co., a national medical malpractice insurer, announced that Frank Coppersmith has joined ... Report: Oklahomans Can Access 53 Health Care PlansOklahomans will pay less than the national average for health insurance under an exchange scheduled to open next week as part of President ... Texas-Based Replacement Services Firm Moving to New OfficesReSource, a contents evaluation and replacement services provider for both personal and commercial property insurance claims, announced it ... West Allstate Wins $7.7M Insurance Fraud Lawsuit in CaliforniaA Los Angeles County Superior Court has ruled in favor of Allstate Insurance Co. and the State of California in a lawsuit topping $7 ... Der Manouel Adds Two in CaliforniaDer Manouel Insurance Group has named Kevin Frost as a commercial risk consultant, while Reggie Sadler has joined Der Manouel's client ... California Fruit Producer Faces Federal Sex Harassment SuitA federal lawsuit has been filed charging that a central California dried fruit producer subjected its female workers to ongoing sexual ... International Global Warming Slows as Fossil Fuel Emissions Rise to RecordGlobal warming has slowed since 1998 even though humans are spewing ever more greenhouse gases and are almost certainly to blame for ... Profits Steady, GWP Up, But Investments Still Low: Lloyd's CFO Luke SavageLloyd's first six months results, released yesterday, were generally good. Profits were down slightly at £1.38 billion [[$2.222 billion] ... Willis' Report Sees Energy Market 'Softening'"Too much capacity chasing an insufficient amount of premium in both the downstream and upstream energy markets will cause a general ... Metcalf to Head New Liberty Mutual Specialty Markets UnitLiberty Mutual Insurance Group announced that Nick Metcalf has been named President and Group Managing Director of Liberty Specialty ... XL Puts Preliminary Losses at $60 Million from Germany, France Hail StormsXL Group plc announced its preliminary net loss estimate related to the series of hailstorms in Germany and France in late July 2013 of $60 ... Join the Insurance Journal NetworkInsurance Journal TV
New Discussions in the ForumsFeedback - Good, Bad, Ugly on the following Aggregators/GAs Posted: Thu Sep 26 -- I looked at Smartchoice. They said they would hook me up with a bunch of carriers. So they have MET Life call me & Before I realize it I'm... ZappMan What is your biggest pain as an agent? Posted: Thu Sep 26 -- The DNC List! I hate that thing. You can't call anyone anymore it seems like. The only thing worse that that is Voice Mail. ZappMan California Work Comp Class Code detail Posted: Thu Sep 26 -- It is very easy to find the classes and codes. Register at: ... FurriePrincess Non-for-profit Volunteer Coverge Posted: Thu Sep 26 -- PB1 has it right. Volunteer accident coverage is less expensive than WC (when you can get it) and more readily available. GL policies should... CH@Ins4nonprofits Peer-2-Peer Musical Instrument Rental Insurance (SV Startup) Posted: Thu Sep 26 -- Hello everyone, I'd like to inquire about insurance for our business: We're a peer-to-peer internet startup based in San Jose, CA. Our... tobytobitobe Agency Management System Posted: Wed Sep 25 -- Hello, A lot of good info here. I checked out the following; ... ZappMan Information on Clusters Posted: Tue Sep 24 -- If you've written $1,000,000 in premium in 4 months, why can't you just get your own contracts? yoyowordup Selling Non-Standard P&C Book of Business & Agency Texas Posted: Fri Sep 20 -- The key to maximizing the outcome is to seek a team of skilled advisors, prepare for the sale, discretely market the agency to the most... AgencyBrokerage Need W/C Market - (Ca.) Med. Marijuana Dispensary w/lapse Posted: Fri Sep 20 -- Hello, we've been looking around for a Workers Comp. market for about a week with no luck and hoping someone here has an idea. It's a... PaulN Reader CommentsTravelers Launching Low Cost, Segmented Product in New Personal Auto Strategy Posted: Mon Sep 23 -- Isn't it amazing that they managed to cough up $1.2 Billion to buy the Canadian company after they laid off the employees? They treat their... Agent Average Obamacare Premiums Will Be Lower Than Projected Posted: Wed Sep 25 -- No, no, no, say it isn't so! Celtica Idaho Gun Show Canceled Due to Insurance Requirements Posted: Fri Sep 20 -- The prior incident referred to was a totally different group. FYI, no loaded weapons are allowed in the show and all guns are check prior to... Fred Florida's Citizens Has New Plan to Shift 200,000 Policies to 8 Private Insurers Posted: Mon Sep 23 -- Tower Hill is way better than Citizens, and Citizens is on a glide path to take a 10% rate increase for the next 4 years anyways, so their... Susan FEMA Chief Disappoints Senators, Says He Can't Delay Flood Insurance Rates Posted: Wed Sep 25 -- Then why not the following: if people can not afford to pay medical insurance then they simply can not afford to receive medical help. But... Mulligan | 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. |
Sep 26, 2013
Daily Headlines: Thursday, September 26, 2013
| September 26, 2013
East N.J. Gov. Christie Signs Order to Quicken Dune Construction at BeachesNew Jersey Governor Chris Christie signed an executive order to speed the construction of sand dunes to protect its coast from storms over ... Maine Officials Warn Consumers About Scammers Using Health Reform LawMaine's Insurance Superintendent Eric Cioppa and Gov. Paul R. LePage are warning the public about scams related to the federal health ... Erie Insurance Arena Reopens After $47M Renovation in Downtown Erie, Penn.Erie Insurance Arena is drawing rave reviews after reopening following a $47 million renovation that includes more seats, luxury boxes, ... Ex-CEO of NYC Charity Allegedly Conspired to Inflate Insurance Rates Paid by GroupThe former CEO of a prominent New York City charity who apologized for what he called ``mistakes" when he was fired last month has been ... Midwest North Dakota Commissioner Invites Insurance Agents to Department ForumsInsurance Commissioner Adam Hamm is inviting North Dakota's insurance agents to attend the insurance department's annual agent forums, ... Ex-Iowa Insurance Agent Pleads Guilty in Mail Fraud CaseA Marshalltown, Iowa, insurance agent accused of selling customers fake insurance policies has pleaded guilty to a charge of wire fraud in ... MNsure Employee in Security Breach TerminatedThe employee of Minnesota's health insurance exchange who released private data on about 1,600 insurance agents no longer works for the ... Southeast Flood Insurance 'Sticker Shock' Hits Floridians with New, Secondary HomesWhen Colin and Joyce Elston bought their Florida dream home in May, they were confident they could afford the three-bedroom, two-bathroom ... Georgia Studies Moving Malpractice Claims from Court to Review PanelA panel of state lawmakers is studying a Senate bill that would overhaul Georgia's medical malpractice system, with groups such as the ... South Central Louisiana Commissioner: Citizens Insurance Policy Count at New LowLouisiana Insurance Commissioner Jim Donelon says the state-run insurer of last resort has its lowest number of customers since Hurricane ... Lawsuit: Pollution from Louisiana Fire Making Residents SickAbout a dozen Slaughter, La., residents allege respiratory problems and diminished property values in a lawsuit filed in the wake of the ... Swift Joins Higginbotham/Swantner & Gordon as Marketing ManagerPhil Swift has accepted a position as marketing manager at the Houston office of Swantner & Gordon Insurance Agency, an independent ... Former Jefferson Parish Administrator, Agency Owner Agrees to $10K Ethics FineTim Whitmer, the former Jefferson Parish, Louisiana administrator whose private insurance work led to a corruption scandal that toppled ... West Rix Rejoins Marsh in OregonDavid Rix will rejoin Marsh as head of its Portland, Ore. office. The move is effective on Oct. 7. Rix will be responsible for the overall ... Idaho Fly Shop Owner Gets Jail Time On Workers' Comp LawA state judge has ordered a Coeur d'Alene, Idaho fly shop owner to serve five days in jail for violating a court order stemming from ... Salt Lake City-Based MGIS Expands into Utah MarketThe MGIS Companies, Inc. (MGIS) and Freedom Specialty, a Nationwide Insurance company, have entered the Utah medical malpractice insurance ... International Lloyd's Posts $2.215 Billion 1st 6 Months Profit; Investment Returns DownLloyd's announced a profit of £1.38 billion [$2.215 billion] for the six-month period ending 30 June 2013. "The market continued to grow ... |
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Swiss Re's Chief Economist Sees GDP GrowthSwiss Re's chief economist Kurt Karl sees some light at the end of the tunnel for the world's... | |
California Assemblyman Mixes Insurance and PoliticsAssemblyman Ken Cooley, D-Rancho Cordova, started his insurance career in the 1970s working on... |
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New Discussions in the Forums
Non-for-profit Volunteer Coverge
Posted: Wed Sep 25 -- $20k Med Pay is great until they get into an auto accident. I'd much rather have volunteers covered under the work comp policy. yoyowordup
Posted: Wed Sep 25 -- $20k Med Pay is great until they get into an auto accident. I'd much rather have volunteers covered under the work comp policy. yoyowordup
Information on Clusters
Posted: Tue Sep 24 -- If you've written $1,000,000 in premium in 4 months, why can't you just get your own contracts? yoyowordup
Posted: Tue Sep 24 -- If you've written $1,000,000 in premium in 4 months, why can't you just get your own contracts? yoyowordup
Selling Non-Standard P&C Book of Business & Agency Texas
Posted: Fri Sep 20 -- The key to maximizing the outcome is to seek a team of skilled advisors, prepare for the sale, discretely market the agency to the most... AgencyBrokerage
Posted: Fri Sep 20 -- The key to maximizing the outcome is to seek a team of skilled advisors, prepare for the sale, discretely market the agency to the most... AgencyBrokerage
Need W/C Market - (Ca.) Med. Marijuana Dispensary w/lapse
Posted: Fri Sep 20 -- Hello, we've been looking around for a Workers Comp. market for about a week with no luck and hoping someone here has an idea. It's a... PaulN
Posted: Fri Sep 20 -- Hello, we've been looking around for a Workers Comp. market for about a week with no luck and hoping someone here has an idea. It's a... PaulN
Niche Market
Posted: Thu Sep 19 -- Gas stations are not big revenue generators on one station. But, each one you write is a referral to get you into the next one, and a lot of... e-bit
Posted: Thu Sep 19 -- Gas stations are not big revenue generators on one station. But, each one you write is a referral to get you into the next one, and a lot of... e-bit
Advice needed from seasoned producers
Posted: Thu Sep 19 -- If you go with a smaller local agency that is experienced in the type of accounts you want to write you'll be much better off. You'll get a... e-bit
Posted: Thu Sep 19 -- If you go with a smaller local agency that is experienced in the type of accounts you want to write you'll be much better off. You'll get a... e-bit
Certificates of Insurance ???
Posted: Thu Sep 19 -- A certificate of insurance means nothing except what is read into it. Always attach the supporting endorsements as they show the exact cover... e-bit
Posted: Thu Sep 19 -- A certificate of insurance means nothing except what is read into it. Always attach the supporting endorsements as they show the exact cover... e-bit
California Work Comp Class Code detail
Posted: Thu Sep 19 -- From one of the carriers: 9008: Janitorial Services - By Contractors 9009: Building Operation - Commercial Properties - All Other... wariline
Posted: Thu Sep 19 -- From one of the carriers: 9008: Janitorial Services - By Contractors 9009: Building Operation - Commercial Properties - All Other... wariline
Reader Comments
Travelers Launching Low Cost, Segmented Product in New Personal Auto Strategy
Posted: Mon Sep 23 -- Isn't it amazing that they managed to cough up $1.2 Billion to buy the Canadian company after they laid off the employees? They treat their... Agent
Posted: Mon Sep 23 -- Isn't it amazing that they managed to cough up $1.2 Billion to buy the Canadian company after they laid off the employees? They treat their... Agent
Average Obamacare Premiums Will Be Lower Than Projected
Posted: Wed Sep 25 -- No, no, no, say it isn't so! Celtica
Posted: Wed Sep 25 -- No, no, no, say it isn't so! Celtica
Idaho Gun Show Canceled Due to Insurance Requirements
Posted: Fri Sep 20 -- The prior incident referred to was a totally different group. FYI, no loaded weapons are allowed in the show and all guns are check prior to... Fred
Posted: Fri Sep 20 -- The prior incident referred to was a totally different group. FYI, no loaded weapons are allowed in the show and all guns are check prior to... Fred
Guy Carpenter Says Global Warming a Reality - Citing IPCC Report
Posted: Thu Sep 19 -- Hmmmm. The Green Weenies at the BBC said the arctic would be free of ice by 2013. There has been an increase in the ice cap of over... Water Bug
Posted: Thu Sep 19 -- Hmmmm. The Green Weenies at the BBC said the arctic would be free of ice by 2013. There has been an increase in the ice cap of over... Water Bug
No Penalty for Employers Not Telling Employees About Obamacare
Posted: Thu Sep 19 -- Hey Planet, you should read the new article in Forbes Magazine titled: 7 ways to Fix Obamacare. You have complained in the past that... Agent
Posted: Thu Sep 19 -- Hey Planet, you should read the new article in Forbes Magazine titled: 7 ways to Fix Obamacare. You have complained in the past that... Agent
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