Jun 5, 2012

Daily Headlines: Tuesday, June 5, 2012

Sponsored by: Universal Insurance. Lead by Example. Insurance With Values. Click here for more information.
Insurance Journal Daily Headlines
June 5, 2012
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

States Collecting on $146 Million AIG Workers’ Comp Settlement

State regulators around the county are finally collecting their share of a multimillion dollar settlement reached with with American ...

Claims Against MF Global’s Corzine, Other Executives May Depend on Insurance

Jon Corzine failed to address MF Global Holdings Ltd.'s growing liquidity needs as he tried to build the commodities broker into a global ...

U.S. Drug Recalls Common But Not Well-Publicized: Study

The U.S. Food and Drug Administration recalls potentially harmful drugs about once every month but could do a better job of letting doctors ...

Insurance Exchange Ebix Acquires PlanetSoft for $40 Million

Atlanta-based  insurance software and e-commerce supplier Ebix said it has agreed to buy  life insurance and annuity services provider ...

Marsh Launches Product for Cloud Computing Risks

Marsh has launched an insurance product designed to protect companies against first-party losses stemming from a cloud service provider's ...

Towers Watson Launches Network for Chief Risk Officers in North America

Towers Watson, a global professional services company, has launched the Chief Risk Officer (CRO) Network, a knowledge-sharing network ...

From MyNewMarkets.com Insurers Incentivize Policies to Combat Cargo, Equipment Theft

Several years of construction equipment and cargo theft claims have some carriers in the inland marine and equipment insurance classes...
Sponsored by: NSM Insurance Group. We have 25 years writing non-profits. Hospice, Boys and Girls Clubs, CAAs, Head Starts, Senior Services, MRDD/ARC, Charter Schools and Many More! Click here for more information.
East

Springfield, Mass., Residents Sue City Over 2011 Tornado Damages

Owners and tenants of a Springfield, Mass., condominium complex damaged by last year's tornadoes have filed a lawsuit against the city, ...

GE Executive Joins Erie Insurance as New Chief Investment Officer

Erie, Penn.-based Erie Insurance Group appointed Brad Postema as senior vice president and chief investment officer.In his new role, ...

Highmark, Pennsylvania’s Largest Health Insurance Co., Names New CEO

Pittsburgh-headquartered health insurance giant Highmark Inc. has named Dr. William Winkenwerder as the company's new chief executive ...

Virginia Activists Press Banks for Foreclosure Aid

Nearly 1,000 homeowners in Prince William County and the cities of Manassas and Manassas Park have been identified as eligible for ...

AIG’s Chartis Launches Hospitality and Leisure Industry Practice Group

AIG's property/casualty division Chartis announced the launch of its hospitality and leisure industry practice group, which will provide ...
Midwest

Ohio Workers’ Comp Bureau Extends Private Employer Rate Cut

The Ohio Bureau of Workers' Compensation (BWC) in late May announced an extension of the $65 million in rate cuts enacted last year for ...

Feet of Sand Leave Midwest Farms Wasteland After Flooding

Mason Hansen guns his pickup and cranks the steering wheel to spin through sand up to 4 feet high, but this is no day at the beach. Hanson ...
Join Insurance Journal's Academy of Insurance -- Insuring Green Building and Materials, new challenges and opportunities for the insurance industry -- Register Today
Southeast

OSHA Investigating 2 Fatal Blasts in 2 Weeks at Mississippi Plant

The mother of a man who died in an explosion at a Pascagoula, Mississippi fertilizer factory says her son never spoke of any safety ...

Florida Broker Kuykendall Gardner Names Loflin as Vice President

Winter Park, Fla.-based insurance broker Kuykendall Gardner recently hired Brendan Loflin as vice president. In this role, he will be ...
Webinar next week: Join Insurance Journal's Academy of Insurance -- Waiver of Subrogation, OCP, Liquor, MCS-90 -- Register Today
South Central

Lawyer, Accident Case Runner in Texas Sentenced on Felony Charges

An attorney and a case runner have been sentenced in Texas on felony charges related to soliciting business from victim's family after a ...

U.S.: Restitution Impractical for Stanford Victims

The U.S. government said it would be "impracticable" to enforce an order of restitution against financier Allen Stanford to victims of ...

Trial Opens in Louisiana for Suit Against Costner Over BP Deal

Jury selection began June 4 in a legal fight between two Hollywood stars over investments in a device used to try to clean up BP's 2010 oil ...
West

More Containment On New Mexico Wildfire

Aerial ignitions along multiple portions of the Whitewater-Baldy Complex wildfire boundary in New Mexico allowed crews to hold and mop-up ...

Colorado Governor To Sign Wildfire Compensation Bills

Colorado Gov. John Hickenlooper is preparing to add his signature to two bills that will provide victims of the state-caused Lower North ...

Bell-Anderson Adds Newman as Director of Marketing

Renton, Washington-based Bell-Anderson Agency Inc. named Dwight Newman director of marketing.  Newman's responsibilities will lie mainly ...

Idaho Reaches Settlement With Insurer Aflac

State officials say Idaho will receive $200,000 as part of a regulatory settlement with the insurer Aflac Inc. On Monday, the Idaho ...

SCF Arizona Board Approves $3.5 Million Dividend

SCF Arizona announced it will pay out safety dividends totaling $3.5 million for 2011 to qualified policyholders, making it the 41st ...

Family of Girl Who Died At Los Angeles Rave Settle Lawsuit

The family of a 15-year-old girl who died of an ecstasy overdose at a rave at the Los Angeles Memorial Coliseum will receive a $190,000 ...
Sponsored by: CIWA. Summer Forum and Annual Meeting. June 14-15 - Monterey Plaza Hotel and Spa. Click here for more information.
International

Global Downturn Puts Investors, Companies in Retreat

Gripped by fears that Europe's debt crisis is driving the world economy into a ditch, companies are delaying plans to raise capital and ...

Chinese Drivers Pose Fresh Risks for Foreign Insurers

"People like us who buy Ferraris don't care too much about insurance because we buy cars for speeding," said Li, in his twenties and the ...

Irish ‘Yes’ Vote Assures Continued Support; Euro Zone Crisis Still Weighs

Ireland held a referendum on Thursday, May 31 – a straight yes or no vote on whether the country would write the "Stability Treaty," the ...

Applied Systems Acquires Canada’s Compu-Quote

Insurance software firm Applied Systems Inc. has acquired Compu-Quote Inc.,  a Canadian comparative insurance rating company. "The ...
Insurance Journal Blogs

Does Rick Scott support the ‘Beach House Bailout?’

Much of Florida Gov. Rick Scott's tenure in office has been consumed with confronting the mistakes his predecessor made in the property ...

Join the Insurance Journal Network

Twitter Facebook LinkedIn


Insurance Journal TV

Video thumbnail

Annual Live Training Burn Educates Adjusters

Pat Andler, a certified fire investigator and owner of Andler & Associates discusses the...
Video thumbnail

What D&O Buyers Look For In a Carrier

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

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

What are your thoughts on the insurance industry
Posted: Tue Jun 5 -- When compared to many other industries, Insurance can be very rewarding, stable, interesting, and important. Having spent my post college... GerryZ
Fees on Admitted Market
Posted: Tue Jun 5 -- Hi, Does anyone know a good site other than the state website to find information on what fees are allowed on admitted market? I am trying... insnewbie1
Calling all experienced MGAs...is this a fair deal?
Posted: Mon Jun 4 -- I think the fact that you are responsible for your own marketing, sales and service is an issue. You can't do all three well, and so what... LadyBroker
Do you use online leads services?
Posted: Mon Jun 4 -- My website has affiliate marketing ads for hometownquotes. Does anyone have any experience with them? A few years back, when I was doing... Robert742
Just another day in the retail insurance biz
Posted: Mon Jun 4 -- This is worthy of a post only because I was on the IJ site when my agency receives an unannouned walk-in looking for a quote just moments... d's insurance store
Work Comp for a Live Theater in California
Posted: Fri Jun 1 -- Looking for someone besides State Fund that will write Work Comp for a community theater. The company they are with now is non-renewing. I... bartman
Credit Card Processing
Posted: Fri Jun 1 -- Depending on your volume, we went with Square Up, no fees or monthly minimum, they charge .0275% per transaction, if you do not use it... texican
CA STATE FUND
Posted: Thu May 31 -- As a former State Fund Underwriter I have been frustrated as well. "Timely quotes-Not!" I have been having a... Santa Rosa Ins Broker

Reader Comments

50 Years On, Fire Still Burns Underneath Pennsylvania Town
Posted: Fri Jun 1 -- There are only 5 remaining homeowners and they presumably have all been there since the fire started, making them all adults who can... Lisa
Arkansas Teacher Sues District Over Anger Management Course
Posted: Thu May 31 -- explaining teacher's rights vs anger... sounds like the superintendant needs to go to one... he was angry because a teacher was being told... wudchuck
BofA Whistleblower to Receive $14.5M in Mortgage Case
Posted: Wed May 30 -- These financial institutions are almost as corrupt as the politicians. Chris Dodd made out like a bandit with his favorable loan terms with... Agent
Flood Insurance Program Extended Until July 31
Posted: Thu May 31 -- Continuing Resolution after continuing resolution just like they do on the budget which has been non existent for 3 years. These politicians... Agent
Michigan Court Rules for Insurer in Tragic Hit-and-Run
Posted: Fri Jun 1 -- "The court's conservative majority"....why do we never see "The court's liberal majority" or "ZZZ is a liberal think tank?" Just... plymn

Current Issue

June 4, 2012
Current Issue
Program Directory Vol. I; Bonus: The Florida Issue (Special Supplement)

More Newsletters

Choose Newsletters
Enter Your E-mail

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 © 2012 by Wells Media Group, Inc.

Insurance Journal TV: R Street: Say a Prayer for Florida

Sponsored by: Philadelphia Insurance Companies. Join Us. A++ Superior on our 50th Year! Click here for more information.
Insurance Journal TV
June 5, 2012
Feature Video

R Street: Say a Prayer for Florida

Most discussions of insurance regulation touch on Florida at some point. In this excerpt from an interview, Eli Lehrer of the new R Street Institute, a free market insurance think...

Watch Now

Popular Videos

R Street's Lehrer: Free Markets, Pragmatism and Insurance Regulation

Anderson to Receive City of Hope's 2012 'Spirit of Life' Award
More Insurance Videos
Subscribe to our iTunes Channel
Announcing the Insurance Journal Interactive Edition. The World's Leading News, Analysis and Information Source for the Property/Casualty Insurance Industry. Click here for more information.
Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2012 by Wells Media Group, Inc.

Jun 4, 2012

Daily Headlines: Monday, June 4, 2012

Sponsored by: Project CAP. Join the Cause. Click here for more information.
Insurance Journal Daily Headlines
June 4, 2012
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

MF Global Trustee Recommends Insurance Fund for Futures Customers

Futures customers should have access to a fund that guarantees their accounts up to a certain threshold, the trustee liquidating MF Global ...

President Obama Signs Flood Insurance Extension

As expected, President Barack Obama on May 31 signed into law an extension of the federal flood insurance program until July 31. H.R. 5740, ...

Colorado Researchers Raise Atlantic Storm Forecast

Colorado State University researchers on Friday raised their forecast for the 2012 Atlantic hurricane season to 13 tropical storms, with ...

Senate Favoring End to Direct Payouts to Farmers

A program that puts billions of dollars in the pockets of farmers whether or not they plant a crop may disappear with hardly a protest from ...

Best Affirms State Farm Mutual, Affiliates & Subs Ratings

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

Rockhill Launches E&S Primary General Liability Underwriting Unit

Rockhill Insurance Group has expanded its product offerings to include primary general liability. The new underwriting unit will be led by ...

Argo Insurance, Britt/Paulk Form New Pest Control Program

Argo Insurance's Commercial Specialty Programs unit will partner with Britt/Paulk Insurance Underwriters to offer insurance for ...

From MyNewMarkets.com 11 States Adopt Plan to Distribute Surplus Lines Premium Taxes

States participating in the Non-admitted Insurance Multi-state Agreement, or NIMA, have adopted a premium allocation method for distributing...
Sponsored by: IMCA. The Altitude Isn't The Only Thing That Will Make You Stand Out. IMCA Annual Conference. June 24-27, 2012. Click here for more information.
East

Penn. Officials Say Summer Activities Bring Special Insurance Concerns

Pennsylvania insurance regulators are reminding consumers to keep insurance needs in mind when vacationing, entertaining or enjoying other ...

Tornadoes Damage Areas in Virginia, Pennsylvania, Maryland

Tornado Causes $4.3M in Damages in Hampton, Va. Hampton officials say a tornado that swept through the city caused more than $4.3 million ...

4 North New Jersey Towns to Share $2.9M in Flood Buyouts

Millions of dollars in state funds are heading to North Jersey towns, providing a measure of relief to at least a dozen households ...

N.J. Giving Prudential $210M Tax Credit for Building New Office Tower

Prudential Financial will receive a 10-year state tax credit worth up to $210.8 million to support its plans to build a new office tower in ...

William Gallagher Exec Joins First Niagara Risk Management in New York

First Niagara Risk Management, the Buffalo, N.Y.-based insurance brokerage subsidiary of First Niagara Bank, appointed Kirk Jensen as ...
Sponsored by: Encompass, Great American Insurance Group and Tapco Underwriters. Insurance Journal now available on the iPhone and Android - Download it free today! Click here for more information.
Midwest

Jury: $181M to 3 Hurt in Illinois Grain Elevator Blast

A federal jury has sided against ConAgra Foods Inc. and a subcontractor in awarding roughly $181 million in damages to three workers ...

Many in Tornado Alley Still Rely on Warning Sirens

Warnings sent directly to cell phones and broadcast over the airwaves can provide a detailed heads-up before dangerous storms. But for many ...

Clinton Joins Michigan's Fremont Insurance

Fremont Insurance, a Michigan-exclusive property and casualty insurance carrier with headquarters in Fremont, Mich., has hired Christopher ...
Join Insurance Journal's Academy of Insurance -- Insuring Green Building and Materials, new challenges and opportunities for the insurance industry -- Register Today
Southeast

Florida’s Citizens Hears Depopulation Ideas

When the question is how to shrink Florida's state-backed home insurer, answers from insurance agents, insurer executives, state ...

Wildlife Groups Call for Florida Property Insurance Reforms

Taking the position that Florida's heavily-subsidized property insurance market is leading to over-development along the state's ...

West Virginia Mines Cited During May Safety Inspections

The Mine Safety and Health Administration says it issued 254 citations, 19 orders and one safeguard during special inspections at West ...

Florida Cat Fund's Financial Condition Triggers A.M. Best Review of Insurer Ratings

Insurers writing homeowners coverage in Florida could see a revision in their financial ratings after one of the nation's top rating ...

Florida Agent Association Tops 2,000 Members

The Florida Association of Insurance Agents, which represents thousands of independent agents statewide, has topped more than 2,000 ...
Webinar this Thursday: Join Insurance Journal's Academy of Insurance -- Waiver of Subrogation, OCP, Liquor, MCS-90 -- Register Today
South Central

Duration, Severity Drive Workers' Comp Claims Costs in Louisiana

Louisiana Workers' Compensation Corp. (LWCC) was created by the state legislature in 1991 in an effort to stabilize and revitalize the ...

Officials: New Orleans Ready for Hurricanes

The Army Corps of Engineers — responsible for the massive rebuilding of hurricane protection after the devastation of Hurricane Katrina ...

Experts: Oklahoma, not Texas, Had Hottest Summer Ever

Oklahoma and Texas have argued for years about which has the best college football team, whose oil fields produce better crude, even where ...
Join Insurance Journal, Western Security Surplus and Markel Corporation as they work to help three children who lost their parents in a tragic accident. Click here for more information.
West

More Containment on New Mexico Wildfire at 255K acres

Firefighters conducted more aerial ignitions over the weekend along pieces of the western boundary of the Whitewater-Baldy Complex wildfire ...

Hawaii Man Sues Vegas Casino Over Restroom Robbery

A Hawaii man is suing a Las Vegas hotel and casino where he was beaten and robbed in 2010, claiming Main Street Station was negligent in ...

Insurance Covers Some Of Loss Powell Hospital In Wyoming

An insurance payment of $205,000 will help compensate Powell Valley Healthcare for its loss due to the alleged embezzlement of nearly ...

Victim In Arizona Shooting Files Suit Against FBI

The surviving victim of a 2009 Arivaca, Ariz. home invasion that left a young girl and her father dead says the FBI should have prevented ...

DOE Proposes $150,000 Fine Against Bechtel

The Energy Department has proposed a $150,000 fine against Bechtel National last week for two construction incidents in Washington at the ...
Sponsored by: CIWA. Summer Forum and Annual Meeting. June 14-15 - Monterey Plaza Hotel and Spa. Click here for more information.
International

Willis Global Launches New Platform for Sector Growth

Willis Global, the London headquartered reinsurance, specialties and wholesale arm of Willis Group Holdings, announced a series of what it ...

Generali Directors Oust Group CEO Perissinotto; Zurich’s Greco to Take Post

The Board of Directors of Italy's Assicurazioni Generali announced that they had decided "by a majority to revoke the powers conferred on ...

Hagerty Classic Car Insurance Now Available to Canadian Brokers

Hagerty Insurance Agency, the specialist provider of collector vehicle insurance, announced that as of April 24, 2012 its subsidiary, ...

W. R. Berkley Receives FSA, Lloyd’s Approval for Syndicate Management Change

W. R. Berkley Corporation announced that the U.K. Financial Services Authority (FSA) and Lloyd's of London have approved W.R. Berkley ...

Olympic Travel Leads to Surge in Travel Insurance Sales

The 2012 Summer Olympics have provided a welcome boost for airlines, hotels and other travel suppliers that will benefit from an expected ...

Join the Insurance Journal Network

Twitter Facebook LinkedIn


Insurance Journal TV

Video thumbnail

Annual Live Training Burn Educates Adjusters

Pat Andler, a certified fire investigator and owner of Andler & Associates discusses the...
Video thumbnail

What D&O Buyers Look For In a Carrier

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

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

What are your thoughts on the insurance industry
Posted: Mon Jun 4 -- Being an Insurance agent is really hard. Goodluck. stuartkarim
Do you use online leads services?
Posted: Sat Jun 2 -- I myself have used the top 4 services and had no luck at with them. i just found out the the same 4 lead companys are owned by the same... agentofTN
Work Comp for a Live Theater in California
Posted: Fri Jun 1 -- Looking for someone besides State Fund that will write Work Comp for a community theater. The company they are with now is non-renewing. I... bartman
Credit Card Processing
Posted: Fri Jun 1 -- Depending on your volume, we went with Square Up, no fees or monthly minimum, they charge .0275% per transaction, if you do not use it... texican
CA STATE FUND
Posted: Thu May 31 -- As a former State Fund Underwriter I have been frustrated as well. "Timely quotes-Not!" I have been having a... Santa Rosa Ins Broker
1-800-Car-Insurance
Posted: Thu May 31 -- I checked out your website, and your idea is interesting, though I wouldn't recommend it to anyone for the reasons I mentioned above. What... Robert742

Reader Comments

50 Years On, Fire Still Burns Underneath Pennsylvania Town
Posted: Fri Jun 1 -- There are only 5 remaining homeowners and they presumably have all been there since the fire started, making them all adults who can... Lisa
Arkansas Teacher Sues District Over Anger Management Course
Posted: Thu May 31 -- explaining teacher's rights vs anger... sounds like the superintendant needs to go to one... he was angry because a teacher was being told... wudchuck
BofA Whistleblower to Receive $14.5M in Mortgage Case
Posted: Wed May 30 -- These financial institutions are almost as corrupt as the politicians. Chris Dodd made out like a bandit with his favorable loan terms with... Agent
Flood Insurance Program Extended Until July 31
Posted: Thu May 31 -- Continuing Resolution after continuing resolution just like they do on the budget which has been non existent for 3 years. These politicians... Agent
Michigan Court Rules for Insurer in Tragic Hit-and-Run
Posted: Fri Jun 1 -- "The court's conservative majority"....why do we never see "The court's liberal majority" or "ZZZ is a liberal think tank?" Just... plymn

Current Issue

June 4, 2012
Current Issue
Program Directory Vol. I; Bonus: The Florida Issue (Special Supplement)

More Newsletters

Choose Newsletters
Enter Your E-mail

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 © 2012 by Wells Media Group, Inc.

Jun 1, 2012

Daily Headlines: Friday, June 1, 2012

Sponsored by: IMCA. The Altitude Isn't The Only Thing That Will Make You Stand Out. IMCA Annual Conference. June 24-27, 2012. Click here for more information.
Insurance Journal Daily Headlines
June 1, 2012
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Feds Shut Down 26 Bus Operators in Safety Crackdown

Twenty-six bus operations that transported more than 1,800 passengers a day along Interstate 95 between New York and Florida have been ...

Oracle Suffers Setback in Java Copyright Battle Against Google

A U.S. judge dismissed Oracle Corp.'s copyright claims against Google Inc. for parts of the Java programming language, knocking out ...

Professional Liability Risks Evolve with Changes in Healthcare System

National healthcare reform legislation passed by Congress in 2010 may or may not survive consideration by the U.S. Supreme Court, but the ...

R Street Institute Launches ‘Right Street Blog’ on InsuranceJournal.com

The R Street Institute, a new insurance free market think tank, has launched an insurance issue-oriented blog on InsuranceJournal.com. The ...

ACE Private Risk, Generac Power Systems Launch Personal Lines Program

ACE Private Risk Services, the high net worth personal insurance business of the ACE Group, and Generac Power Systems, a manufacturer of ...

Hurry, Don’t Miss Out: Submit Today for Top 100 Independent Agency Recognition

Once again, Insurance Journal is on the search for leading privately-held property casualty independent agencies and brokerages for its ...

From MyNewMarkets.com 11 States Adopt Plan to Distribute Surplus Lines Premium Taxes

States participating in the Non-admitted Insurance Multi-state Agreement, or NIMA, have adopted a premium allocation method for distributing...
Join Insurance Journal's Academy of Insurance -- Insuring Green Building and Materials, new challenges and opportunities for the insurance industry -- Register Today
East

AIG to Pay Penn. $16.8M to Settle Probe Over WC Premium Reporting

Pennsylvania Insurance Commissioner Michael Consedine announced Thursday that American International Group and its workers comp insurance ...

N.J. Judge: Texter Not Liable for Driver’s Car Crash

A woman who texted her boyfriend while he was driving cannot be held liable for a car crash he caused while responding, seriously injuring ...

Mass. Church Rebounds After 2011 Tornado; Insurance Covers $2M Repair

A year after a tornado downed its steeple, The First Church of Monson Congregational in Monson, Mass., is rebounding. The town's oldest ...

50 Years On, Fire Still Burns Underneath Pennsylvania Town

It's an anniversary the few remaining souls who live here won't be celebrating. Fifty years ago, a fire at the town dump ignited an exposed ...

N.H.-Based Northern United Agents Alliance Announces New Member Agency

The Northern United Agents Alliance (NUAA), an independent agency partnership based in New Hampshire, said Hunkins & Eaton Insurance Agency ...

N.J. Police Chief Convicted of Insurance Fraud Is Removed From Job

A judge on Wednesday ordered a convicted New Jersey police chief to forfeit his job. A jury convicted Hackensack Police Chief Ken Zisa of ...
Join Insurance Journal's Academy of Insurance -- Insuring Green Building and Materials, new challenges and opportunities for the insurance industry -- Register Today
Midwest

Missouri Issues Warning About Agent Barred from Insurance Business

The Missouri Department of Insurance says it has received reports that an agent previously barred from the insurance business has been ...

Michigan Court Rules for Insurer in Tragic Hit-and-Run

The Michigan Supreme Court says an insurance company doesn't have to pay benefits in a hit-and-run case because the incident wasn't ...

Indiana Fair Lawsuits Won’t Go to Trial Until 2014

A group of lawsuits filed over last summer's deadly Indiana State Fair stage collapse likely won't go to trial for nearly two years. ...
Southeast

Fake Hurricane Helps Mississippi Responders Prepare for Real One

Hurricane Natasha was a fake storm, but Mississippi's emergency responders treated it like it was the real thing. Natasha was a simulated ...

Tennessee Court Nixes $2.7 Million Insurance Claim from Bar Fight

The Tennessee Supreme Court has overturned a ruling that said an insurance company must pay $2.7 million in damages for a bar fight in ...

Judge Slashes SeaWorld’s OSHA Fine for Death of Whale Trainer

SeaWorld Orlando's $75,000 fine from the federal job safety agency for the death of a trainer by a killer whale two years ago has been ...

USI Acquires Georgia’s Impact Benefit Management Services

New York-based insurance broker USI Insurance Services has acquired Impact Benefit Management Services, LLC of Roswell, Georgia. USI said ...
Webinar next week: Join Insurance Journal's Academy of Insurance -- Waiver of Subrogation, OCP, Liquor, MCS-90 -- Register Today
South Central

Travelers Introduces New Wind Credit for Fortified Homes in Texas

Travelers Insurance announced it is introducing a wind credit for fortified homes in Texas that meet established standards designed to ...

Oklahoma's Emergency Price Stabilization Act in Effect After Storms

Oklahoma's Emergency Price Stabilization Act is now in effect for 35 Oklahoma counties after Gov. Mary Fallin declared a state of ...

Can Texas Escape Another Hurricane Season?

Today marks the start of another hurricane season and many Texans are wondering if we can go one more year without a destructive storm. The ...

SIAA Master Agency, CoVerica, Signs 50th Member Agency

Texas-based CoVerica Agency Alliance, a master agency member of SIAA, has signed its 50th member agency — Knott Insurance Group of ...
West

New Mexico Fire Over 216K Acres, 10% Contained

Firefighters made progress on the northern and western fronts of the Whitewater-Baldy complex fire in New Mexico's Gila National Forest ...

Atlas Adds Rodgers as Senior Underwriter

San Diego, Calif.-based Atlas General Insurance Services LLC hired Kevin Rodgers as a senior underwriter. Rodgers comes to Atlas with ...

Poms & Associates Adds Three in Southern California

Los Angeles, Calif.-based Poms & Associates Insurance Brokers Inc. named Chris Poveromo branch manager and senior vice president of ...

Mom Of War Vet Killed By Vegas Police Files Suit

The mother of a troubled Gulf War veteran who was shot dead in his car during a standoff with Las Vegas police is seeking tens of millions ...

Bill to Create 'Framework for Damages' Passes Calif. Senate

A bill its author says will provide a framework to measure damages when a plaintiff suffers injuries that passed the California Senate ...
Sponsored by: CIWA. Summer Forum and Annual Meeting. June 14-15 - Monterey Plaza Hotel and Spa. Click here for more information.
International

S&P to Factor Country Risk into Insurance Ratings

Standard & Poor's will change the way it assigns global ratings to insurers, in part to increase the consideration of country risk in ...

Europe, U.S. Agree on Streamlining Air Cargo Safety

The European Commission and the U.S. Transport Security Administration have agreed to recognize each other's air cargo security regimes, a ...
Insurance Journal Blogs

Free Markets Don't Have to Mean No Regulation

A pragmatic, free-market take on insurance related issues from R Street Institute's Eli Lehrer. A one-time boss of mine—a bearded ...

Join the Insurance Journal Network

Twitter Facebook LinkedIn


Insurance Journal TV

Video thumbnail

Annual Live Training Burn Educates Adjusters

Pat Andler, a certified fire investigator and owner of Andler & Associates discusses the...
Video thumbnail

What D&O Buyers Look For In a Carrier

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

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

CA STATE FUND
Posted: Thu May 31 -- As a former State Fund Underwriter I have been frustrated as well. I have been having a... Santa Rosa Ins Broker
1-800-Car-Insurance
Posted: Thu May 31 -- I checked out your website, and your idea is interesting, though I wouldn't recommend it to anyone for the reasons I mentioned above. What... Robert742
What are your thoughts on the insurance industry
Posted: Thu May 31 -- I have tried being an insurance agent before and I really liked it. If you just know how to talk to people then you don't have anything to... rijbadgett
Credit Card Processing
Posted: Wed May 30 -- I'm looking for a Credit card processor that does not have excessive/ hidden fees. Online processing is what we prefer. Any suggestions... JAM
Video Email - Would you do it if it is cost effective
Posted: Wed May 23 -- I have been in the insurance industry since 1985. I have seen a lot of things come and go in that time period. I know right now the hot... Eagleeye
Licensing Outsourcing? Viable?
Posted: Wed May 23 -- Tip brought to you by your local PIA (Professional Insurance Agents Association) ... dm307799
Brokerage and investment firm
Posted: Tue May 22 -- Are you asking what the process is to register as an insurance agent/broker, and also as an investment (i.e. securities broker/dealer)? Your... Big Dog

Reader Comments

Montana School Settles Claim By Family Of Suicide Victim
Posted: Fri May 25 -- I don't understand. This young girl was attacked and violated and the teacher got a 3 year deferred sentence? He should be fried for his... Water Bug
Mom of Massachusetts Man Shot in Harvard Dorm Sues University
Posted: Fri May 25 -- Although I would be devastated were it my child, I would have to admit that life is sometimes unjust and unfair. Neither is grounds for a... Lynda Berge
Arkansas Teacher Sues District Over Anger Management Course
Posted: Thu May 31 -- explaining teacher's rights vs anger... sounds like the superintendant needs to go to one... he was angry because a teacher was being told... wudchuck
BofA Whistleblower to Receive $14.5M in Mortgage Case
Posted: Wed May 30 -- These financial institutions are almost as corrupt as the politicians. Chris Dodd made out like a bandit with his favorable loan terms with... Agent
Flood Insurance Program Extended Until July 30
Posted: Thu May 31 -- Continuing Resolution after continuing resolution just like they do on the budget which has been non existent for 3 years. These politicians... Agent

Current Issue

May 21, 2012
Current Issue
Workers' Comp Report with ; Restaurants & Bars; Recreation & Leisure

More Newsletters

Choose Newsletters
Enter Your E-mail

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 © 2012 by Wells Publishing, Inc.