May 7, 2012

Daily Headlines: Monday, May 7, 2012

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Insurance Journal Daily Headlines
May 7, 2012
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Job Disability Rolls Rise During Recession

Monica Soltes was excited 10 years ago to leave Merrill Lynch and start her own business as an independent financial planner in San Diego. ...

Treasury to Sell More AIG Shares for $5 Billion

The U.S. Treasury has agreed to cut its ownership stake in American International Group Inc. to 63 percent by selling 163.9 million shares ...

Berkshire Hathaway Doubles Profit on Lower Catastrophe Losses

Berkshire Hathaway said it generated $3.245 billion in net income overall, up from last year's net income of $1.511 billion last year in ...

Buffett Plays Down Health Issue, Responds to Analysts

Warren Buffett tried to allay fears of Berkshire Hathaway Inc shareholders about the company's future after he was diagnosed with prostate ...

CRC, Crump, R-T Specialty Reach Confidential Settlement Agreement

On May 4, 2012, CRC Insurance Services Inc., Crump Insurance Services Inc., and R-T Specialty LLC jointly announced that the three parties ...

ACE Adds Preferred Securities Panel Option to D&O Policies

ACE USA, the U.S.-based retail operating division of the ACE Group, has enhanced its directors & officers liability policy with a ...

From MyNewMarkets.com Current Market Not Yet a 'Classic' Hard Market: P/C Executives

The current property/casualty market is not a "classic" hard market, yet anyway. While prices are clearly rising in certain lines including...
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East

Probe Finds N.Y. Paid Prison Inmates Improper Workers’ Comp Benefits

An investigation from the New York State comptroller's office found that the State Insurance Fund improperly paid seven inmates more than ...

N.J. Judge to Decide If Text Sender Liable for Car Crash

A New Jersey judge will likely soon decide whether a woman who sent a text message to a male friend can be held liable for a car crash he ...

Connecticut City Faces Lawsuit in Fatal Christmas Day Fire

The father of three girls killed in a Christmas morning fire in Connecticut is accusing the city of Stamford of allowing the house to ...

Massachusetts to Host Hurricane Preparedness Conference

Hundreds of emergency management and public safety officials from across Massachusetts are meeting this week for a hurricane preparedness ...

Conn. Senate OKs Bill on Utilities’ Storm Response

The state Senate on Saturday, May 5, approved a wide-ranging bill that attempts to address many of the problems that developed last year ...
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Midwest

Iowa Company Fined Over Handling Of Debris

A Bettendorf company has been fined $35,000 for burning demolition debris and failing to properly dispose of asbestos. The Iowa Attorney ...

Snyder proclaims Arson Awareness Week in Michigan

It's Arson Awareness Week in Michigan. Gov. Rick Snyder says he wants to focus public attention on the seriousness of fire-setting by young ...

AT&T to Pay Missouri Muslim Woman $5M in Harassment Case

A former Kansas City woman who converted to Islam in 2005 said she was harassed for years at AT&T, and that the abuse boiled over in ...

North Dakota Family Files Federal Suit Against Nursing Home

The family of a man who resided in a Grand Forks nursing home until he died in January is suing the elder care facility in federal court. ...

SIAA Signs 4,000th Member Agency

The Strategic Insurance Agency Alliance has signed its 4,000th member agency — Bi-State Insurance & Financial of Camp Girardeau, Mo. ...

Minnesota Agents Group to Administer Risk Management Program

The National Alliance for Insurance Education & Research and the Minnesota Independent Insurance Agents & Brokers announced that ...
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Southeast

Florida Revises Workers' Compensation Certificates, Excess Profits, Premium Audit Laws

Florida's governor has signed workers' compensation legislation streamlining the workers' compensation certificate process, ...

State Not Liable in Informant’s Death: Kentucky Court

The Kentucky Court of Appeals has ruled that the state's Justice and Public Safety Cabinet and state police can't be held liable for the ...

Neace Lukens Acquires Kentucky’s Morehead Insurance

Louisville, Kentucky-based Neace Lukens, an AssuredPartners, Inc. company, has completed the acquisition of Morehead Insurance, a ...

Kentucky Officials Building Ambu-Buses for Disaster Recovery

Behold the ambu-bus. Authorities in Kentucky are making use of old school buses by turning them into ambulances. Each one can carry up to ...

O'Keefe Named Managing Director for Wells Fargo Insurance in Carolinas

Wells Fargo Insurance has named Suzanne O'Keefe senior vice president and managing director for its operations in the Carolinas. She will ...

A.M. Best Opens Miami Office

A.M. Best Co. has opened an office in Miami, Florida to serve the market for insurance ratings in the Latin American region. The Miami ...

Florida Governor Signs Long-Awaited Auto Insurance Anti-Fraud Bill

Florida's decade long attempt to reform the state's automobile no-fault insurance law has finally paid off. Gov. Rick Scott, flanked by ...
South Central

Jury Awards $24M to Woman Hit By Driver In Texas On Phone

A Corpus Christi jury awarded $24 million to a woman who was hit by a Coca-Cola truck driver who was chatting on her cellphone. The jury ...

Texas Investigates Beleaguered Dallas Hospital

Texas regulators have launched an investigation into new allegations that a beleaguered public hospital in Dallas fired a social worker ...

Texas Officials Warn of Moving Scams

Texas officials say that illegal moving companies are operating statewide, putting consumers at risk for losing their belongings or paying ...
West

Demolition For Arizona House Described As Biohazard

Yuma city officials have ordered the demolition of a house they say was so overrun by bugs and human and animal waste that it is a ...

Utah Counties Sue BLM Over Road Dispute

State officials say 10 Utah counties have sued the federal government over title to thousands of miles of roads that cross public land in ...

Hunt Is On For More Natural Gas in Idaho

The new owners of natural gas wells in western Idaho say they plan to spend more and drill more to find more gas in Idaho. Snake River Oil ...
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International

West Africa Pirates Free Gasoline Tanker, But Steal Cargo

West African pirates have freed a gasoline tanker they hijacked last week, after stealing some of the cargo, the ship owner said on Friday, ...

Fitch Analyzes Uncertainty over Extension of UK Flood Insurance Plan

The end in June of the UK government's agreement with the country's insurance industry, the Statement of Principles (SoP) agreement, which ...

EU Countries ‘Dithering’ over Climate Change Fund

EU nations are dithering over how to fill a multi-billion-euro fund to help tackle climate change, just as the region's executive body ...

Swiss Re in New $400 Million Nat Cat Bond for Europe, U.S. Wind Risks

Swiss Re Ltd. Announced that it has secured $400 million in natural catastrophe coverage through a newly-formed issuer Mythen Ltd., which ...

Earnings Report: Lancashire Group

Selected earnings highlights from, Lancashire Group, which include both its insurance and reinsurance operations, for the first quarter of ...

Aon Benfield’s April Global Cat Reports near $1 Billion in Tornado Losses

Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, has released its latest edition of its Global Catastrophe ...
Insurance Journal Magazine: 2012 Super Regional Property Casualty Insurers Issue

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New Discussions in the Forums

Residential Apartment Building with Fuses - CA
Posted: Fri May 4 -- Does anyone have a market for a residential building with fuses. Please advise. Thanks! ... InsureTime
Certificate of Insurance Tracking - Access or Excel Database
Posted: Fri May 4 -- Not quite sure if you can get one for free. You need to buy a database software from a company if you want a reliable one. It usually needs... hans
How do you ask for a referral?
Posted: Fri May 4 -- I've actually found that clients are pretty willing to send their friends and colleagues to me, if they happen to know someone in need of... hans
CA TOW Truck WC.
Posted: Thu May 3 -- So Everest has pulled out of this class code and we are looking for other markets for Towing WC for smaller account of 10-20k per year. PEO... JAM
New Venture - Non-Emergency transporation
Posted: Thu May 3 -- If the van is owned and operated by the facility you can try Progressive. Titan might look at it as well. JAM

Reader Comments

What to Expect If Supreme Court Strikes Down Obamacare
Posted: Thu May 3 -- Hey, I agree with you on Clinton. He's a cheating SOB. Nice role model for the Presidency, huh? The only good thing he did is leave office... Sarah-ahahaha
Transportation Chief Calls for National Ban on Cell Phone Use While Driving
Posted: Wed May 2 -- You know where it's safe to be on your phone (or even laptop) and in transit? Busses, subways, rail systems, and the backseat of a carpool.... Cat
Dead Mexican Teen's Family To Pursue Suit in Texas
Posted: Wed May 2 -- I'm sorry this kid got killed but throwing rocks at a cop was an invitation for violence and trouble. Rather than making his parents... Water Bug
Detroit Schools to Pay $425K To Student's Family
Posted: Thu May 3 -- "the matter has been resolved." Is that what the DA says, too? This is criminally negligent homicide, and should be treated as such. Ins Guy
Victims of Cyberbullying Fighting Back in Libel Suits
Posted: Thu May 3 -- Company guidelines where I work do not allow for cell phone usage and company computers will not allow for usage of any social media sites... Andy

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May 7, 2012
Current Issue
AAMGA Issue; Salute to Super Regionals; Premium Finance Directory

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Copyright © 2012 by Wells Publishing, Inc.

May 4, 2012

Daily Headlines: Friday, May 4, 2012

Sponsored today by: iiX - a unit of ISO. Faster Access to Underwriting Data Helps Drive Your Business. Instant MVRs. DriverAdvisor Monitoring. Undisclosed Driver/VIN. A-PLUS Auto and Property Claims History. Credit Scoring. Coverage Verifier. Click here for more info.
Insurance Journal Daily Headlines
May 4, 2012
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Judge Blocks $90 Million Insurance Settlement for Lehman Directors, Officers

With a nod to country singer Kenny Rogers, a federal judge has refused for now to allow insurers for former officers and directors of ...

BP Wins Delay of Gulf Oil Spill Trial

A trial to assign blame and damages that could total tens of billions of dollars for the 2010 Gulf of Mexico oil spill has been put off ...

AIG Q1 Profit More Than Doubles to $3.21 Billion

American International Group Inc. reported $3.21 billion net income for its 2012 first quarter, a 147 percent increase from $1.30 billion ...

April Weather Caused $1 Billion in Insured Losses in U.S.: Aon

A series of severe weather events across central and southern sections of the United States in April caused upwards of $1 billion in ...

Best Affirms, Upgrades SCOR’s No. American Subs Ratings; Outlook Stable

Following its rating actions on the parent company, France's SCOR SE, A.M. Best has upgraded the issuer credit ratings (ICR) to "a+" ...

Kelly Named President of P/C Insurance Advisory Organization AAIS

A national advisory organization serving the U.S. property/casualty industry has named a new president. Edmund J. Kelly of Boulder, Col. ...

General Star Upgrades XS Follow Form Liability Coverage

General Star Management Co. has rolled out its revamped XS Follow Form Liability policy. Underwritten by General Star's Contract P&C ...

Protective Specialty Launches Allied Health Medical Professional Liability Product

Protective Specialty Insurance Co. will now offer an allied health medical professional liability product. It is designed for both entities ...

Aon Revenues Rise But Profit Dips in Q1

Risk and insurance brokerage service provider Aon Corp. reported 3 percent revenue growth along with a 3 percent decline in profit for the ...

Marsh Says It Only Sees ‘Targeted Correction’ of Rates

Marsh executives said this week that they are only seeing a "targeted correction" -- not a broad-based hard market -- in the ...

From MyNewMarkets.com Marsh Coverage Responds to Government Crackdown on Healthcare Executives

Corporate officers in every industry have to be on guard when it comes to enforcement of federal laws and, according to insurance broker...
Join Insurance Journal's Academy of Insurance this Wednesday for a new 3-part course -- Secrets of Insuring Restaurants -- Register Today
East

Mass. AG Coakley Advises Teenagers: Don’t Text While Driving

Massachusetts Attorney General Martha Coakley and officials from across the country are advising teen drivers to be mindful of the dangers ...

Rhode Island’s Financial Literacy Program Expanding to 44 Schools

A financial literacy program for high school students in Rhode Island is getting a boost. Rhode Island State Treasurer Gina Raimondo said ...

Conn. House Passes Firefighter Compensation Bill

A bill that would make certain local firefighters eligible for workers' compensation coverage for mental or emotional damage has passed the ...

N.Y.-Based Alleghany Acquires Stake in Manufacturing Firm Bourn & Koch

New York-based global specialty insurer Alleghany Corporation said its investment management unit acquired a majority stake in ...

Settlement Reached in Maine Class-Action Disability Lawsuit

A federal judge in Maine has approved a settlement in a class action lawsuit on behalf of 40 people with long-term disabilities who wanted ...
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Midwest

Nebraska’s Tierone Banking Company Settles Lawsuit

A lawsuit that said Lincoln-based TierOne Corp. misled investors has been settled for $3.1 million. The Lincoln Journal Star reported the ...

OSHA Proposes $137K Fine For Wisconsin Company

A River Falls, Wis. company is facing $137,000 in potential fines following a trench collapse last year that killed a 19-year-old worker. ...
Southeast

Lawmakers OK Limits on Mississippi AG’s Deals with Private Law Firms

A measure to limit Democratic Attorney General Jim Hood's ability to control state legal business is on the way to Republican Gov. Phil ...
South Central

Texas Attorney General Takes on State Farm Non-Renewal Plans

Texas Attorney General Greg Abbott is taking issue with one of the nation's largest homeowners insurer's plan to non-renew thousands of ...

Sierra Club Sues EPA Over Oklahoma Power Plants

The Sierra Club filed a lawsuit in Washington, D.C., District Court against the U.S. Environmental Protection Agency on Wednesday, seeking ...

Kentucky Business Owner Sues Police Over Raids

The owner of a western Kentucky pizza joint and a suntan parlor is suing Hopkinsville police over drug raids at his businesses. Luther ...

Suit: Cruise Operator Negligent In Texas Passenger Death

Carnival Cruise Lines is being sued for negligence by relatives of a woman who bled to death after falling on a water glass in her room ...

New Tool for Texas Wildfire Risk Assessment Now Available

Officials with Texas Forest Service and the Texas A&M University System announced that new tools are available to help homeowners and ...
West

Atlas Names McQuaid, Junker to Client Consulting Division

Honolulu, Hawaii-based Atlas Insurance Agency Inc. named Ron McQuaid and Peter Junker as account executives to its client consulting ...

Widow Gets $3.2 Million After Nursing Home Death

The widow of an 88-year-old Colorado man who died as a result of bedsores he suffered in a Rocky Ford nursing home has been awarded $3.2 ...

Burned Couple Settles Wildfire Suit For $6M

A badly burned Santa Barbara couple has settled their wildfire lawsuit against a property owner for $6 million. Lance and Carla Hoffman ...

Colorado Man Seeks $5 Million From BP For Firing

A Durango, Colo. man is suing BP claiming he was fired for reporting safety violations by a BP contractor. Larry Holland, an employee of ...

Idaho Man Gets Jail Time For Faking Motorcycle Mishap

The insurance claim seemed straightforward: Jason Preston said his motorcycle was wrecked. His clothing was scuffed up to prove it. But ...

Appellate Court Dismisses Challenge To CDI Replacement Costs Regulation

The California Court of Appeal summarily dismissed a legal challenge by the Association of California Insurance Companies and the Personal ...
International

Swiss Re Q1 Net Profit Rebounds from Q1 2011 to $1.1 Billion

Swiss Re reported a very strong first-quarter with overall net income of $1.141 billion in comparison to a loss of $665 million in Q1 2011. ...

RSA’s Interim Statement Highlights Organic Growth, Strong Financial Position

UK-based RSA reported continued strong growth and financial strength in its interim management statement covering the first three months of ...

Earnings Report: Flagstone Re

Selected earnings highlights from Luxembourg-based Flagstone Re for the first quarter of 2012 are as follows:      ...

Validus to Hold Modified Dutch Auction Tender for $200 Million Share Buyback

Bermuda-based Validus Holdings, Ltd. announced that its Board of Directors has approved a modified Dutch auction tender offer pursuant to ...

Best Affirms Fairfax Financial and Most Subs Ratings

A.M. Best Co. has affirmed the issuer credit rating (ICR) of "bbb" and the unsecured debt and preferred equity ratings of Fairfax ...

Chartis Names Macfarlane to Head UK Energy

Chartis announced the appointment of Tom Macfarlane to head UK Energy. He will report to Jacqueline McNamee, Executive Director, ...

Ratings Recap: National General, Unive Her/Stormher, Radius

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of 'B++' (Good) and the issuer credit rating of ...
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Insurance Journal Blogs

How to Create Your Own Raving Fans

This post is part of a series on insurance marketing and training sponsored by Astonish Results. The Astonish system and company structure ...

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Insurance Journal TV

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Annual Live Training Burn Educates Adjusters

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What D&O Buyers Look For In a Carrier

What do insureds look for when shopping for a carrier to provide director and officers...

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New Discussions in the Forums

Certificate of Insurance Tracking - Access or Excel Database
Posted: Fri May 4 -- Not quite sure if you can get one for free. You need to buy a database software from a company if you want a reliable one. It usually needs... hans
How do you ask for a referral?
Posted: Fri May 4 -- I've actually found that clients are pretty willing to send their friends and colleagues to me, if they happen to know someone in need of... hans
Aviation Products Liability - Non-Critical Parts
Posted: Thu May 3 -- Hello! Please contact Brian Riehl at RPS Aviation (an Aviation wholesale specialist)... mszleszinski
CA TOW Truck WC.
Posted: Thu May 3 -- So Everest has pulled out of this class code and we are looking for other markets for Towing WC for smaller account of 10-20k per year. PEO... JAM
New Venture - Non-Emergency transporation
Posted: Thu May 3 -- If the van is owned and operated by the facility you can try Progressive. Titan might look at it as well. JAM
NEEDED:History and Current Trends of the Independent Agent
Posted: Thu May 3 -- Another source you should consider is Rough Notes. The magazine has been around for a long time and their past articles could be a good... SteveAnderson
1-800-Car-Insurance
Posted: Wed May 2 -- Your criticism is valid. My thinking was that you are not allowed to directly advertise in the forum. When the comments came in, I revealed... glabman
Is it possible to get insurer appointments just starting out
Posted: Mon Apr 30 -- d's insurance store usually gives good advice-this time is no exception. I will be a bit more blunt...6 months to a year will only scratch... jackwehoca
Online Insurance and Leads
Posted: Mon Apr 30 -- Have you tried InsuranceFiles.com? They'll give you back your credit if you can't get in touch with a lead. Auds

Reader Comments

Christian Group Sues Michigan City, Muslims Over Event
Posted: Thu May 3 -- Islam means "to submit." Islamists get many to submit by threatening to kill them. Apparently it worked in this situation. The best way to... Donald Buckley
Missouri Woman Wins $5.8M in 'Girls Gone Wild' Case
Posted: Tue May 1 -- i know. i was kidding. nobody wants that to happen to themselves or someone else. nudity's kind of a funny thing though honestly...we're the... George
Transportation Chief Calls for National Ban on Cell Phone Use While Driving
Posted: Wed May 2 -- You know where it's safe to be on your phone (or even laptop) and in transit? Busses, subways, rail systems, and the backseat of a carpool.... Cat
Fewer Storms Forecast for 2012 Hurricane Season
Posted: Fri Apr 27 -- Remember it only takes "ONE" hurricane to hurt your business or home if it hits in hometown then numbers become irrelevant SoFlaInsurance
Dead Mexican Teen's Family To Pursue Suit in Texas
Posted: Wed May 2 -- I'm sorry this kid got killed but throwing rocks at a cop was an invitation for violence and trouble. Rather than making his parents... Water Bug

Current Issue

April 16, 2012
Current Issue
Big "I" Issue with Young Agents Survey; Medical Professional Liability; Business Interruption / Business Income; Bonus: Education & Training Directory

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For information about advertising on this newsletter and Insurance Journal magazines, contact Julie Tinney at (800) 897-9965 x148.
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Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2012 by Wells Publishing, Inc.

May 3, 2012

Daily Headlines: Thursday, May 3, 2012

Sponsored today by: iiX - a unit of ISO. Faster Access to Underwriting Data Helps Drive Your Business. Instant MVRs. DriverAdvisor Monitoring. Undisclosed Driver/VIN. A-PLUS Auto and Property Claims History. Credit Scoring. Coverage Verifier. Click here for more info.
Insurance Journal Daily Headlines
May 3, 2012
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Once Again, Flood Insurance Program to Expire Unless Congress Acts

Federal officials are putting fresh pressure on Congress to take action on the National Flood Insurance Program, whose authorization ...

BP’s $7.8 Billion Gulf Oil Spill Settlement Wins Initial Court OK

BP Plc won preliminary court approval of an estimated $7.8 billion settlement to resolve more than 100,000 claims by individuals and ...

Hartford Q1 Profit Drops 81% on Realized Loss, But Core Earnings Up

The Hartford Financial Services Group Inc. said its 2012 first quarter net income declined 80.8 percent to $96 million, hurt by a $587 ...

Allstate Profit Jumps 46% in Q1

Allstate Insurance reported a first quarter profit of $766 million, up by about 46 percent from a year-earlier profit of $524 million. The ...

Arthur J. Gallagher Profit Up 85% in Q1

Global insurance broker and risk management firm Arthur J. Gallagher & Co. boosted its profit 85 percent in the first quarter, from  ...

From MyNewMarkets.com Marsh Coverage Responds to Government Crackdown on Healthcare Executives

Corporate officers in every industry have to be on guard when it comes to enforcement of federal laws and, according to insurance broker...
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East

N.H. AG: Homeowners Have to Wait on Foreclosure Settlement Help

New Hampshire Attorney General Michael Delaney says homeowners hoping to benefit from a settlement over foreclosure abuses may have to wait ...

Va.-Based Genworth Financial’s CEO Reigns; Acting Chief Named

Genworth Financial Inc. said Tuesday that Chairman and CEO Michael D. Fraizer has resigned, and the board has tapped Chief Financial ...

Another Insurance Attorney From Dewey & LeBoeuf Departs Firm

A number of insurance attorneys from N.Y.-headquartered elite law firm Dewey & LeBoeuf have left the company this year, as the firm, ...

Former Aon Executive Named as CEO of N.Y.-Based Reinsurer Southport Re

New York-based reinsurance holding company Southport Re appointed Glenn Weber to the newly created position of chief executive officer. ...
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Midwest

Missouri Governor Signals Compromise On Workers’ Comp

About six weeks after he vetoed legislation that would have changed the state's workers' compensation system, Missouri's Democratic ...

Menard Guards Wrongly Paid Workers’ Compensation

In a little-noted appearance before the Illinois House Appropriations-Public Safety Committee, the director of the Department of ...

South Dakota Company in Trouble With OSHA

Federal safety regulators have labeled a southeast South Dakota company a "severe violator'' after a worker died and two others were ...

Thousands in St. Louis-Area Suffered Hail Damage

The impact of last weekend's storm in St. Louis is still being felt as thousands of owners of homes and cars continue to make, or await, ...

Western National Completes Purchase of American Freedom Insurance

Western National Mutual Insurance Co., based in Edina, Minn., has closed on the purchase of 100 percent of the stock of Arlington Heights, ...

Detroit Schools to Pay $425K To Student’s Family

A federal judge in Michigan has ordered the cash-strapped Detroit Public Schools to pay $425,000 to the family of a special education ...

Arthur J. Gallagher Acquires Schiff, Kreidler-Shell

Itasca, Ill.-based Arthur J. Gallagher & Co. acquired Schiff, Kreidler-Shell Insurance and Risk Services headquartered in Cincinnati, ...
Southeast

Florida’s Citizens Issues Largest Catastrophe Reinsurance Bond on Record

Florida's Citizens Property Insurance Corp. has entered the catastrophic bond market in a big way by issuing $750 million in bonds, ...

Sen. Rubio: 100% of BP Fines Should Go to Gulf States

Sen. Marco Rubio, R.-Florida,  said he opposes a plan that would give Gulf coast states 80 percent of the fines stemming from the 2010 oil ...

Florida Yacht Crew Firm Faces Damages Over Discriminatory Email

A Fort Lauderdale, Florida company that hires crews for yachts is facing damages after an employee accidentally sent an email to an ...

Bill Permits Golf Carts on Mississippi City Streets

A bill that would allow golf carts on the streets of Diamondhead has been sent to Mississippi Gov. Phil Bryant, who has until today, May 3, ...
South Central

Hundreds Of El Paso Buildings Face Fire Inspection

About 600 downtown El Paso buildings will be inspected after fire destroyed a structure where a gunfighter once practiced law. Fire Chief ...

Wrongful-Death Suit Filed Against Pawnee Police

The family of a man fatally shot by the Pawnee assistant police chief has filed a wrongful death lawsuit on the two-year anniversary of the ...

New Law Increases Drunk Driving Penalty in Oklahoma

Under legislation recently signed into law in Oklahoma, a drunk driver who caused an accident resulting in great bodily harm could face a ...
Sponsored by: Texas Mutual Insurance Company. A company with financial integrity is who we want up at bat. That's Texas Mutual. Click here for more information.
West

C.M. Meiers Legal Battle Goes On, Allegations Heat Up

With a quote from former president Ronald Regan, an emergency motion from a sex toy business and increasingly acerbic accusations, the ...

20M-Plus Crop Damage When Storm Shreds Central California Orchards

A fierce spring storm that shredded Central California orchards last month caused more than $20 million damage in Kings County. Other San ...

Hawaii Lawmakers Pass 3 Cybercrime Measures

Hawaii lawmakers have approved a trio of bills aimed at preventing cybercrimes. The bills passed Tuesday offer law enforcement and ...

IMA Names Kafka and Walters In Denver

Denver, Colo.-based IMA Inc. named Lise Kafka to its health risk management practice, Life IQ, and Christopher Walters has joined IMA's ...

Flexpoint Ford Agrees to Acquire GeoVera From Hellman & Friedman

Chicago, Ill.-based Flexpoint Ford LLC, a private equity firm focused on the financial services and healthcare sectors, announced its ...

NAS Adds to Its Executive, Management Ranks

Encino, Calif.-based NAS Insurance Services has expanded its national specialty insurance business with the addition of Matt Singerman, ...

Freeman of Freeman & Pearce Passes

Leonard Freeman, founder of Freeman & Pearce Insurance Agency Inc. in Orange, Calif., died at his Southern California home on Sunday ...
International

Court Bans Microsoft’s Xbox 360, Windows 7 from German Market

A court in Mannheim, Germany ruled on Wednesday that Microsoft infringed Motorola Mobility's patents and ordered Microsoft to remove its ...

Willis Re Reports on Mutual Insurers’ Diversification Challenges, Opportunities

Willis Re, the reinsurance arm of Willis Group Holdings, has released a report discussing the challenges and opportunities offered to ...

Earnings Reports: Allied World, Endurance Specialty, RenaissanceRe

Selected earnings highlights from Allied World Assurance for the first quarter of 2012 are as follows:      ...

Best Upgrades SCOR & Subs Credit Ratings; Affirms Financial Ratings

A.M. Best Europe – Ratings Services Limited has upgraded the issuer credit ratings (ICR) to "a+" from "a" and affirmed the ...

XL Group Names Lanzagorta Client & Distribution Leader for Mexico

XL Group plc announced the appointment of Joan Lanzagorta as Client & Distribution Leader for its operation in Mexico, effective as of ...

Miller Hires Gao Zu Biao as North Asia Reinsurance Specialist

UK-based broker Miller announced that it has enhanced its North Asia reinsurance broking capabilities by appointing Gao Zu Biao, who will ...
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Annual Live Training Burn Educates Adjusters

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What D&O Buyers Look For In a Carrier

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New Discussions in the Forums

How do you ask for a referral?
Posted: Thu May 3 -- Thanks policyman! What you say does make sense, I guess I just think that to make a list of people who are maybe connected with your current... Auds
NEEDED:History and Current Trends of the Independent Agent
Posted: Thu May 3 -- Hey Guys, thanks for the responses! I have already contacted the PIA, and am waiting to here back from them. My father's contact with the... wyattkinger77
1-800-Car-Insurance
Posted: Wed May 2 -- Your criticism is valid. My thinking was that you are not allowed to directly advertise in the forum. When the comments came in, I revealed... glabman
New Venture - Non-Emergency transporation
Posted: Wed May 2 -- Marmar - the risk will have to split, Auto and GL. Have you received any quotes yet? I have to say, I see new business submissions on this... LadyBroker
Aviation Products Liability - Non-Critical Parts
Posted: Wed May 2 -- Chartis has a division for Aviation parts, I would contact them. LadyBroker
Is it possible to get insurer appointments just starting out
Posted: Mon Apr 30 -- d's insurance store usually gives good advice-this time is no exception. I will be a bit more blunt...6 months to a year will only scratch... jackwehoca
looking for feedback/advice please....
Posted: Wed Apr 25 -- My suggestion is to work with an independent agent as a producer. The KEY is to negotiate a good commission split and that YOU OWN YOUR BOOK... NYagent301
What are your thoughts on the insurance industry
Posted: Tue Apr 24 -- The key question for anyone thinking that the road to riches is paved with personal lines insurance policies is to ask 'what can I do... d's insurance store

Reader Comments

Missouri Woman Wins $5.8M in 'Girls Gone Wild' Case
Posted: Tue May 1 -- i know. i was kidding. nobody wants that to happen to themselves or someone else. nudity's kind of a funny thing though honestly...we're the... George
Transportation Chief Calls for National Ban on Cell Phone Use While Driving
Posted: Wed May 2 -- You know where it's safe to be on your phone (or even laptop) and in transit? Busses, subways, rail systems, and the backseat of a carpool.... Cat
Victims of Cyberbullying Fighting Back in Libel Suits
Posted: Mon Apr 30 -- If someone spoofs a web-site or F/B page as another person isn't that identity theft or wire fraud? Seems that that would be worthy of... Ins Guy
Dead Mexican Teen's Family To Pursue Suit in Texas
Posted: Wed May 2 -- I'm sorry this kid got killed but throwing rocks at a cop was an invitation for violence and trouble. Rather than making his parents... Water Bug
As America's Waistline Expands, Costs Soar
Posted: Mon Apr 30 -- Holy Cow! What can you do besides educate people, and then get them to take responsibility for their actions? Everything can be cured by a... Bluto Blutarski

Current Issue

April 16, 2012
Current Issue
Big "I" Issue with Young Agents Survey; Medical Professional Liability; Business Interruption / Business Income; Bonus: Education & Training Directory

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