Jun 13, 2012

Daily Headlines: Wednesday, June 13, 2012

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Insurance Journal Daily Headlines
June 13, 2012
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

In Expanded Internet Naming Game, Who Will Own .insurance?

Trade groups representing global financial companies have applied to operate the new domain names .insurance and .bank. on behalf of the ...

Law Firms Facing Rise in Large Malpractice Claims: Study

Although the frequency of malpractice claims brought against law firms in the U.S. appears to be leveling office, the number of large ...

Best Affirms Ratings of The Hanover Insurance Group and Subs

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

Cellcontrol, PURE Insurance to Offer Free Distracted Driving Technology to Members

Cellcontrol, a developer of distracted driving products, has launched a program with specialist member-owned insurer Privilege Underwriters ...

Hylant Group Acquires AGIS

Toledo, Ohio-based privately owned insurance brokerage firm, Hylant Group, has acquired AGIS, an independent, full-service employee ...

From MyNewMarkets.com Regulations, Exclusions Driving Demand in Contractors Pollution Liability Market

An increase in contract requirements and government regulations has led to a surge in demand for contractors pollution liability coverage,...
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

N.Y. Orders ‘Force-Placed’ Insurers to Submit New Lower Rate Proposals

New York regulators said they have ordered three major insurers offering 'force-placed' homeowners insurance in New York to submit ...

Deadly NYC Crane Collapse Insurance Challenged

New York's top court says misrepresentations on insurance forms by the operator of a crane involved in a deadly collapse four years ago ...

USI Acquires Lynch, Beretta and Bucci Insurance in Rhode Island

USI Insurance Services completed the acquisition of Lynch, Beretta and Bucci Insurance, a Pawtucket, R.I.-based P/C insurance agency that ...

Call to End NYC Carriage Horse Rides Renewed After SUV Crash Incident

A renewed push is under way in New York City to ban horse-drawn carriages after a horse was recently injured in an accident with an ...

4 Northeastern Agencies Join Strategic Insurance Agency Alliance

The Strategic Insurance Agency Alliance (SIAA) said four new agencies in the Northeast region joined the partnership in May. The new ...
Join us online next week for a LIVE State of the Insurance Industry webcast - hosted by Insurance Journal's Academy of Insurance -- Reserve Your Spot Today
Midwest

Chrysler Adds 2 Model Years To Jeep Liberty Recall

Detroit, Mich.-based Chrysler has added more than 137,000 Jeep Liberty SUVs to a March safety recall, bringing the total number of vehicles ...

Experts Question Iowa City Landfill Fire Coverage

Iowa City's insurance may not cover the damage done in the landfill fire that's been burning since May 26. At least two insurance experts ...

Accident Fund Holdings Names Carney Chief Underwriting Officer

Michigan-based Accident Fund Holdings Inc. has appointed William G. Carney as chief underwriting officer. Carney recently joined Accident ...

Illinois Gun Works Fined $111K for Exposing Workers to Hazards

Federal officials have fined an Illinois gun sales business, a shooting range and gun safety training company for allegedly exposing ...

Judge Rejects Challenge to Michigan's Fireworks Insurance Law

A judge has rejected a challenge to the insurance requirement in Michigan's new law expanding the sale of fireworks. Federal Judge Thomas ...
Southeast

Supreme Court Rules on Workers’ Comp Statute of Limitations in Stress Case

A worker who witnessed the deaths of two co-workers but did not file a post-traumatic stress disorder claim until more than a year after ...

Lexon Buys Florida’s Peninsular Surety

Lexon Insurance Co. in Hermitage, Tennessee, has agreed to a acquire all shares of Peninsular Surety Co. in Naples, Fla. Pending expectant ...
South Central

Oklahoma Commissioner: Improve Fire Department Ratings, Lower Premiums

Oklahoma Insurance Commissioner John D. Doak has detailed a plan to improve the ratings of Oklahoma fire departments and reduce home ...

NFL’s QB Young Sues Ex-Agent, Former Money Adviser

NFL quarterback Vince Young has filed a fraud and breach of contract lawsuit against his ex-agent and a former financial adviser. The ...

Texas Offers $5.7M In Grants For Alt Fuel Vehicles

The Texas Commission on Environmental Quality is offering $5.7 million in grants to replace diesel vehicles with ones that use hybrid or ...

More Water, Less Pain for Toledo Bend Businesses

Water is higher at the Toledo Bend reservoir in northwestern Louisiana. And that makes recreation-related business owners happy. Last June, ...

Groups Decry Loss of Okla. Human Rights Commission

Several groups representing the interests of minorities in Oklahoma criticized the elimination of the Oklahoma Human Rights Commission and ...
West

Dave Ring Joins Woodruff-Sawyer & Co.

San Francisco, Calif.-based Woodruff-Sawyer & Co. named Dave Ring a producer in the agency's property/casualty practice. Ring will ...

Asarco Files Lawsuits For Help With Cleanup Costs In Montana

Asarco LLC wants three other companies to help pay for environmental cleanup required in Montana at its former lead smelter in East Helena ...

Storms Increase Insurance Costs In Cheyenne Area

Severe weather including hailstorms is driving up the cost of homeowners insurance in Montana's Cheyenne area. James Mitchell with the ...

Colorado Company Fined Over Alleged Radiology Violations

The Colorado Department of Public Health and Environment has fined an industrial radiography company more than $240,000 over allegations ...

SIAA Grows By Six West Agencies in May

Hampton, New Hampshire-based Strategic Insurance Agency Alliance added six new member agencies from the West in May. May's new members ...
Sponsored by: CIWA. Summer Forum and Annual Meeting. June 14-15 - Monterey Plaza Hotel and Spa. Click here for more information.
International

Iran’s Oil Exports Plummet as Sanctions Bite Says IEA

Iran's oil exports have fallen by an estimated 40 percent since the start of the year as Western sanctions tear into the country's vital ...

Study Suggests China’s CO2 Emissions Could be Greater than Thought

China's carbon emissions could be nearly 20 percent higher than previously thought, a new analysis of official Chinese data showed on ...

ACE to Acquire Indonesian General Insurer Asuransi Jaya Proteksi

ACE Limited announced that the company and its local partner have reached a definitive agreement to acquire PT Asuransi Jaya Proteksi ...

Iran Tanker Firm Says it Insured Ships Despite Sanctions

Iran's biggest tanker operator, NITC, has $1 billion in ship insurance cover to keep its fleet on the water and serve clients in Asia ...

CPCU Society Names Nadeem as First International Ambassador

The CPCU Society has named Shahid Nadeem as its first international ambassador. He will attend the CPCU Society Annual Meeting and Seminars ...

Arch Re Europe Announces Leadership Team Reorganization

Arch Reinsurance Europe Underwriting Limited announced that Maamoun Rajeh will be appointed as the company's President and CEO as of July ...

Best Affirms ACE Limited, No. Am. P&C Affiliates ‘A+’ Ratings

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

Best Affirms TT Club Bermuda, TT Club UK Ratings

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

Burand’s Agency E&O Blog: Tip #3

Insurance agency errors and omissions (E&O) situations and solutions from consultant Chris Burand. Tip #3 Do you follow-up in writing ...

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Health/Benefits Sector Offers Potential Growth for P/C Agents

Despite the uncertainty over the changes occurring in healthcare delivery and insurance...
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Caution: D&O and Foreign Shareholders

Firms that heralded a 2010 U.S. Supreme Court case barring plaintiffs from bringing class...

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New Discussions in the Forums

FL. Septic Tank Contractor Market
Posted: Wed Jun 13 -- I'd be glad to help. Admitted for an Environmental Contractor in FL will be tough. I've got markets, and can write it very easily. My... Adame526
Calling all experienced MGAs...is this a fair deal?
Posted: Wed Jun 13 -- Thanks Ladybroker and haylee for your input. I am working now in this arrangement. I agree haylee the offer is attractive termswise and... youngun58
Credit Card Processing
Posted: Tue Jun 12 -- I am also a small agency and do very few credit card transactions. The rate is one piece of the pie but the monthly fee is what can eat you... beyert1
Symbol 31 on an Hyuandi
Posted: Tue Jun 12 -- Keep in mind that ISO adjusted their symbols effective model year 2011 that now go up to 75 instead of 27. This 31 is equivalent to the old... davictor52
Just another day in the retail insurance biz
Posted: Tue Jun 12 -- NY Agent you have some good points but as you know==as a general rule usage questions and rate class questions are there to otherwise help... William Graham
Try weekly reviews in your agency.
Posted: Mon Jun 11 -- I like to do a "weekly review" each Sunday for the upcoming week. Here are some things I look at: - If you keep a to-do list, review it... johnsharp

Reader Comments

C.M. Meiers Preliminary Injunction Decided, But Far From Over
Posted: Fri Jun 8 -- Are you kidding? Obviously you must love soap opera's you're always commenting you seem to have some sort of grudge, get over it, they... IA
Administration Ready to Respond on Healthcare Reform Ruling
Posted: Mon Jun 11 -- I would agree with you, but you got the guy wrong. If we re-elect Obama, the country is toast before the end of his second term. First Agent
Georgia Mom Posed as Dead Son to Collect $151K From Insurance Policy
Posted: Fri Jun 8 -- Typically, the IJ article misses important stuff, such as this from the The Atlanta Journal-Constitution: "When she submitted a claim, she... Dot Hemath
Court Revives Employee Lawsuit Over Racist Receipt
Posted: Mon Jun 11 -- I don't get it. I have been called all kinds of names and have had racist epiphets hurled at me over the years. My sister and I once asked... Water Bug
Couple Sue Over Fallen Waikiki Tree Branch
Posted: Mon Jun 11 -- So a law was in place to protect the tree rather than folks who might walk under it. I think our priorities are askew. Water Bug

Current Issue

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

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San Diego, CA 92108
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Copyright © 2012 by Wells Media Group, Inc.

Jun 12, 2012

Daily Headlines: Tuesday, June 12, 2012

Sponsored by: Universal Insurance. Lead by Example. Insurance With Values. Click here for more information.
Insurance Journal Daily Headlines
June 12, 2012
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Climate Change Will Alter Risks of Wildfire Worldwide: Study

Climate change is widely expected to disrupt future fire patterns around the world, with some regions, such as the western United States, ...

Big Corporate Political Spenders Often Worst Market Performers: Study

Despite a popular belief that spending on lobbyists and political gifts yield fat dividends for business, a study has found just the ...

Undoing Health Care Law Could Produce Ripple Effects

It sounds like a silver lining. Even if the Supreme Court overturns President Barack Obama's health care law, employers can keep offering ...

Ratings Recap: Toyota Motor, Medical Protective, AMERISAFE

A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of 'A-' (Excellent) and issuer ...

ACE Adds Accident Coverage to Integrated Pollution, Casualty Form

ACE USA, the U.S.-based retail operating division of the ACE Group, has expanded its coverage for buyers of its combined general liability ...

HCC Medical Insurance Services Expands Travel Insurance to Sports Travel

HCC Medical Insurance Services, LLC (HCCMIS) has added sports travel insurance to their Atlas Travel Insurance policies at no additional ...

From MyNewMarkets.com 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...
Sponsored today by: Westrope. Brains & Brawn. Our Knowledge Adds Value - Our Strength Delivers Results. Click here for more info.
East

New York City Pension Fund Sues Wal-Mart Over Mexican Bribery Allegations

New York City's pension funds on Monday became the latest group to file a derivative lawsuit against Wal-Mart Stores Inc. based on reported ...

Delaware Chancery Court Allows Derivative Suit Vs. Botox Directors

Directors of Allergan Inc. must face a lawsuit over $600 million in fines the company paid for misbranding its Botox treatment to smooth ...

Fines Proposed for Ignoring Penn. Flooding Roadblock

State lawmakers are considering a bill that would penalize drivers who ignore roadblocks and plunge their vehicles into flooded roadways, ...

Towers Watson Exec Joins Marsh & McLennan’s Mercer Division

New York-headquartered Marsh & McLennan Companies appointed Rian Miller as general counsel of Mercer, a human resource consulting ...

Borch Joins Beecher Carlson Captive Unit in Vermont

Atlanta-based insurance brokerage and risk management firm Beecher Carlson has named John Borch as an accounting manager in its National ...
Join us online next week for a LIVE State of the Insurance Industry webcast - hosted by Insurance Journal's Academy of Insurance -- Reserve Your Spot Today
Midwest

2011 Crash Leads to Costlier Insurance for South Indiana Boat Race

The group that organizes an Ohio River boat race and festival in southern Indiana has seen its insurance costs more than double after three ...

Ranck Joins XL Group's Excess Casualty Unit in Kansas City

The insurance operations of XL Group plc has expanded its excess casualty underwriting team in Kansas City, Mo. John J. (J.J.) Ranck joins ...

CNA Appoints Strakhov Vice President of Ohio Branch

Insurer CNA Financial Corp. has appointed Michael Strakhov as vice president of its Ohio branch, located in Columbus. Strakhov is ...
Southeast

Gov. Scott to Florida Insurance Agents: There’s More Work Ahead

Florida has made a good start on addressing some of the state's most pressing insurance issues such as pursuing ways to depopulate the ...

Study: Florida, Virginia Have Best Building Codes

Florida and Virginia have received good marks in a survey that looks at building codes in hurricane-prone states.The Tampa-based Insurance ...

Florida Agents Association Installs Rodgers as Chairman; Honors Gunter

The Florida Association of Insurance Agents installed its new officers and board members for the 2012-2013 at its annual Convention and ...

Hartman Named President, CEO of North Carolina’s Stonewood Insurance

Steven J. Hartman has been named president and chief executive officer of Stonewood Insurance Management Co. Inc. and its three affiliated ...
South Central

XL Group Adds Reece, Wyatt to Excess Casualty Team in Dallas

The insurance operations of XL Group plc has expanded its excess casualty underwriting team in Dallas. Barbara (Barby) Reece joins XL Group ...

Costner Downplays Baldwin's Role in BP Deal

Kevin Costner has testified he never saw actor Stephen Baldwin contribute anything to their company's efforts to sell oil cleanup devices ...

Arkansas Woman Gets 6 Month Jail Term in Work Zone Death

A Washington County Circuit Court judge has sentenced an Arkansas woman to six months in jail in connection with the death of a city ...
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

Insurance Associations: West Wildfire Season Could Be Among Worst

As the fire season begins in the West insurance professionals who've been around for a while are calling this potentially one of the ...

KF&B Names Whiteside Vice President of Operations

Glendale, Calif.-based insurance wholesaler KF&B Inc. named Eric Whiteside vice president of operations. He will be working out of the ...

Motorcycle Deaths Declining In Idaho

A study by the Governors Highway Safety Association shows that the number of motorcycle deaths dropped in Idaho last year, but remained ...

Idaho Getting $790K In Drug Price Settlement

The Attorney General's office says the state of Idaho will collect $790,000 as part of a legal settlement with Forest Laboratories Inc. ...

Beecher Carlson Appoints Stevens as Senior VP in California

Atlanta-based insurance broker Beecher Carlson has named Stacy Stevens as senior vice president. In this role, she will be responsible for ...
Sponsored by: CIWA. Summer Forum and Annual Meeting. June 14-15 - Monterey Plaza Hotel and Spa. Click here for more information.
International

U.S. Exempts India, Other Countries, Not China, from Iran Sanctions

The United States extended exemptions from its tough, new sanctions on Iran's oil trade to seven more economies on Monday, leaving China ...

Deeper Euro Zone Integration to Take Time Says EU Commissioner Rehn

Tightening fiscal integration in the euro zone and surrendering more sovereignty in the name of deeper cooperation between member states ...

UK Insurers Face Floods Losses; May Raise Premiums

British insurers face big claims for flooding after the heavy rainfalls across the country this month, making it harder for them to hit ...

HDI-Gerling to Enter UK Auto Fleet Market

Industrial Insurance Company HDI-Gerling has announced it is expanding its product range in the UK to include Motor [Auto] fleet coverage. ...

Best Removes Allianz Risk Transfer Ratings fom Under Review

A.M. Best Europe – Rating Services Limited has removed from under review with negative implications and affirmed the financial strength ...
Join us online next week for a live webcast about Green Building Rating Programs - hosted by Insurance Journal's Academy of Insurance -- Register Today

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Health/Benefits Sector Offers Potential Growth for P/C Agents

Despite the uncertainty over the changes occurring in healthcare delivery and insurance...
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Caution: D&O and Foreign Shareholders

Firms that heralded a 2010 U.S. Supreme Court case barring plaintiffs from bringing class...

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

FL. Septic Tank Contractor Market
Posted: Tue Jun 12 -- I am looking for a competitive market ( admitted if possible) for a septic contractor here in FLorida that installs, repairs, and pumps... January
Just another day in the retail insurance biz
Posted: Tue Jun 12 -- NY Agent you have some good points but as you know==as a general rule usage questions and rate class questions are there to otherwise help... William Graham
Credit Card Processing
Posted: Mon Jun 11 -- I have been shopping mine around as well. The best rate I have found has been with Trinity Merchant Group. You could contact Matthew Perry... beyert1
Try weekly reviews in your agency.
Posted: Mon Jun 11 -- I like to do a "weekly review" each Sunday for the upcoming week. Here are some things I look at: - If you keep a to-do list, review it... johnsharp
cpuc
Posted: Mon Jun 11 -- It's probably more helpful if you are looking to go to work on the carrier side of the business. LadyBroker
Symbol 31 on an Hyuandi
Posted: Mon Jun 11 -- Can anyone tell me why ISO woud have a symbol 31 on a 2012 Hyuandi Elantra? 4 cyl 1.6 ltr engine 4dr sedan. $ 23,000 for the vehicle.... inshru2

Reader Comments

Michigan Court Rules for Insurer in Tragic Hit-and-Run
Posted: Tue Jun 5 -- "unambiguous contract language has meaning" Conservatism/liberalism aside, we can be grateful there are still courts in the land capable of... Tolstoy
C.M. Meiers Preliminary Injunction Decided, But Far From Over
Posted: Fri Jun 8 -- Are you kidding? Obviously you must love soap opera's you're always commenting you seem to have some sort of grudge, get over it, they... IA
Virginia Activists Press Banks for Foreclosure Aid
Posted: Tue Jun 5 -- Why in the world would anyone in their right mind think they can afford a $425,000 loan with a $35,000 salary? He was not taken advantage... Really??
Georgia Mom Posed as Dead Son to Collect $151K From Insurance Policy
Posted: Fri Jun 8 -- Typically, the IJ article misses important stuff, such as this from the The Atlanta Journal-Constitution: "When she submitted a claim, she... Dot Hemath
Administration Ready to Respond on Healthcare Reform Ruling
Posted: Mon Jun 11 -- I would agree with you,but you got the guy wrong. If we re-elect Obama, the country is toast before the end of his second term. First Agent

Current Issue

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

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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: Foreign Exposures to US Firms in DO

Insurance Journal TV
June 12, 2012
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Foreign Exposures to U.S. Firms in D&O

U.S. companies face many exposures around the globe. Increasingly they are traced to a crackdown against corporate bribery. Ann Longmore is an executive vice president of Willis...

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San Diego, CA 92108
(800) 897-9965
Copyright © 2012 by Wells Media Group, Inc.

Jun 11, 2012

Daily Headlines: Monday, June 11, 2012

Sponsored by: Project CAP. Join the Cause. Click here for more information
Insurance Journal Daily Headlines
June 11, 2012
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Commercial Insurance Prices Continue to Rise: Towers Watson

Commercial insurance prices in aggregate increased by nearly five percent during the first quarter of 2012, the fifth consecutive quarter ...

Health Insurer UnitedHealth Vows to Keep Reforms Whatever Court Decides

UnitedHealth Group Inc., the largest U.S. health insurer by market value, said it would maintain the health coverage protections included ...

Talking Cars, or V2V, May Help Humans Avoid Crashes

As a safety demonstration, it was a heart-stopper: A Ford Taurus was seconds away from cruising through an intersection when suddenly a row ...

LinkedIn Risks Reputation Damage Over Password Leaks, Silence

LinkedIn Corp.'s silence on the extent of a security breach that exposed millions of user passwords has damaged its reputation among some ...

Judge Questions Evidence in Gender Bias Claim Against Wal-Mart

A U.S. judge on Friday said he was "seriously concerned" about whether women suing Wal-Mart Stores Inc. had enough evidence to move forward ...

Transfer of Pension Risk to Insurers Gaining Favor

Last week's deal by Prudential Financial to take on $26 billion of the retirement liabilities of General Motors has reignited a part of the ...

Dads Worth Less Than Moms Around House: Study

Fathers of America, you may consider yourselves indispensable, but a new survey says you're only worth about one-third as much as mom ...

Colony Specialty Launches Environmental Auto Product

Colony Specialty, a member of Argo Group International Holdings, Ltd., is now offering business auto coverage in conjunction with its ...

From MyNewMarkets.com 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...
Sponsored by: Catlin. Meet our brokers. They have some interesting stories to tell. Click here for more information.
East

Birth Control Mandate Sparks Protests in Pittsburgh, New Haven

A federal government mandate to require employers to provide health insurance that includes birth control for workers sparked protests in ...

Aon Executive Joins New York-Based Broker Sterling & Sterling

Woodbury, N.Y.-based brokerage firm Sterling & Sterling Inc. appointed Howard Tollin as president of the environmental services division. ...

Maine Man Sentenced for Insurance Theft

A Maine man recently convicted of federal gun charges has pleaded no contest in state court to insurance fraud charges for burning down his ...

Connecticut Survey Finds Teens Often Text While Driving

Connecticut teens have acknowledged in a state survey that they talk and text on their cell phones while driving.The biennial state survey ...

Feds OK $7M to Demolish Flood-Prone Pennsylvania Properties

Federal emergency management officials say they'll demolish dozens of damaged and flood-prone properties in eastern and central ...
Join us online next week for a LIVE State of the Insurance Industry webcast - hosted by Insurance Journal's Academy of Insurance -- Reserve Your Spot Today
Midwest

In the Workplace, What Do Millenials Want?

There's a lot of talk in property/casualty insurance circles these days about how the industry is going to replace the huge wave of baby ...

Straight-Line Winds Cause Sail Boat to Crash Into North Dakota Home

Straight-line wind gusts damaged buildings, uprooted trees and sent a 30-foot sailboat crashing through the window of a home in North ...

Court Revives Employee Lawsuit Over Racist Receipt

A shoe store clerk who was fired after inadvertently giving a receipt containing a racial slur to a black customer has the right to sue her ...
Southeast

Mississippi Court Orders New Trial in Worker’s $15M Asbestos Award

The Mississippi Supreme Court has ordered a new trial in a workplace asbestos exposure case in which a Jones County man was awarded $15.2 ...

Mississippi Reservist Files Job Bias Claim Against Weather Channel TV

A former on-air forecaster for The Weather Channel is suing the network, claiming it illegally discriminated against her because of her ...

Mississippi to Receive Nearly $1M in AIG Settlement

Mississippi's insurance commissioner says the state will receive nearly $1 million as part of a national settlement over American ...
South Central

Texas Windstorm Insurance Technical Advisory Group Members Named

Texas top insurance regulator has named eight industry professionals to participate in an advisory group to work on issues related to ...

Safety Violations at Arkansas Chemical Plant Bring $122K in Fines

Serious safety violations at a chemical plant in Arkansas have resulted in a proposed $122,000 in fines for an Indiana company, federal ...

Regulators: Dallas Company to Pay $50K to Settle Discrimination Lawsuit

Regulators say a Dallas-area refrigerated transport company will pay $50,000 to settle a federal disability discrimination lawsuit The U.S. ...
West

Colorado Wildfire Nearly Doubles Overnight

A wildfire in northern Colorado that has forced the evacuation of thousands nearly doubled in size overnight from 20,000 acres to 36,930 ...

Montana City Considering Cellphone Ban For Drivers

Officials in Columbia Falls, Mont. are considering a cellphone ban while driving after a man drove into the Flathead River while texting. ...

UW Offers Website to Reduce Wildfire Risks

The University of Wyoming has established a website that provides ways for landowners to reduce wildfire risks to houses, cabins and ...

$20M Claim Filed In Death Of Arizona Jail Inmate

A $20 million notice of claim has been filed against Phoenix and the Maricopa County Sheriff's Office over a jail inmate's death last year. ...

Couple Sue Over Fallen Waikiki Tree Branch

An elderly California couple are suing the landowner of a Waikiki outdoor bazaar, claiming they were injured when a branch from a large ...

Southern Calif. Agents Nabbed In Million Dollar Ponzi Scheme

A current and a former insurance agent from Southern California have been arrested for allegedly running a million-dollar Ponzi scheme. ...
Sponsored by: State Fund. We protect the people who make California work. Insuring California Businesses for more than 95 years. That's stability you can count on. Together, we'll keep California working. Click here for more information.
International

Analysis: EU’s Spain Bank Rescue May Bring only Brief Respite

Euro zone finance ministers rushed Spain into an EU-funded rescue for its debt-stricken banks to pre-empt the threat of a bank run if ...

XL Political Risk, Trade Credit Unit Gets Approval for Lloyd’s Expansion

XL Group announced that its Political Risk and Trade Credit (PRTC) business has received approval from Lloyd's to write Political Risk and ...

Trade Credit Insurers Increase Exposures to over $225 Billion

Global trade credit insurers have increased their exposures in the sector by over €180 billion [$226.8 billion], despite the continuing ...

UK’s CFC Launches Excess Underwriting Capability

London-based CFC Underwriting has launched an excess underwriting capability. CFC is a specialist lines underwriting agency backed by 17 ...

Ratings Roundup: Aviva Canada, AEGIS

A.M. Best Co. has reviewed and maintained the under review status of the financial strength ratings of A (Excellent) and issuer credit ...

EU Insurers Still Coming to Terms with Solvency II as Start Date Nears

"Over the next 18 months it's estimated that Ireland will spend 100 million euros (app. $125 million) on preparations for Solvency II ...
Join us online next week for a live webcast about Green Building Rating Programs - hosted by Insurance Journal's Academy of Insurance -- Register Today
Insurance Journal Blogs

Florida Can and Should Fix its Own Insurance Problems

You have to hand it to the Palm Beach Post. First, the paper sends out a reporter to a press conference with Gov. Rick Scott to ask his ...

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

R Street Institute is a new free market conservative insurance think tank headed by Eli...
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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

cpuc
Posted: Mon Jun 11 -- Did you mean CPCU (not CPUC or CPU)? Can it help in getting a job in the insurance industry? Sure. However, if you have absolutely no... Big Dog
National Agents Alliance? Legit or Keep Away?
Posted: Sun Jun 10 -- National agents alliance is wonderful. I have been withhtis compabny for 4 months and could not be happier. I follow the system and am on... naafan
Just another day in the retail insurance biz
Posted: Sun Jun 10 -- Good for you; never allow anyone to LIE on an application. It is always better to let a dishonest fool go. Also beware of potential clients... rodgwag
Credit Card Processing
Posted: Fri Jun 8 -- We've been using Square for 18 months. No problems. We generally don't process credit card through the agency, so we only use it 5-6 times... onstar
Agency Management System
Posted: Fri Jun 8 -- In California. 18 months being independent agency (3 years with State Farm before that). We use FSC Manager (from the people that make FSC... onstar
Work Comp for a Live Theater in California
Posted: Thu Jun 7 -- A "community theater" pays its actors? Is this WC on volunteers? You may wish to consider a group AD&D policy instead for the volunteers. jimk
CA Electrical Contractor BOP/GL
Posted: Thu Jun 7 -- @JAM Scottsdale offers Wage and Hour endorsement. Almost all wholesalers have access to Scottsdale bkrigsman

Reader Comments

C.M. Meiers Preliminary Injunction Decided, But Far From Over
Posted: Fri Jun 8 -- Are you kidding? Obviously you must love soap opera's you're always commenting you seem to have some sort of grudge, get over it, they... IA
Florida's Citizens Hears Depopulation Ideas
Posted: Mon Jun 4 -- One idea. Citizens could add a disclosure on the application (similiar to the one about assesments) that reads: "There is a good possibility... SWFL Agent
Michigan Court Rules for Insurer in Tragic Hit-and-Run
Posted: Mon Jun 4 -- You don't see "the court's liberal majority" because most of the current Justices were appointed by Republicans.If there was a liberal... Tony
Virginia Activists Press Banks for Foreclosure Aid
Posted: Tue Jun 5 -- Why in the world would anyone in their right mind think they can afford a $425,000 loan with a $35,000 salary? He was not taken advantage... Really??
Georgia Mom Posed as Dead Son to Collect $151K From Insurance Policy
Posted: Fri Jun 8 -- Typically, the IJ article misses important stuff, such as this from the The Atlanta Journal-Constitution: "When she submitted a claim, she... Dot Hemath

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

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