Sep 13, 2012

Daily Headlines: Thursday, September 13, 2012

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

Today's Headlines

National

Financial Firms Having to Adjust to Aggressive Consumer Protection Bureau

The new federal agency charged with enforcing consumer finance laws is emerging as an ambitious sheriff, taking on companies for deceptive ...

Focus of MF Global Probes Turns to Civil Cases; Insurance Dwindling

Prosecutors investigating the collapse of failed commodities brokerage MF Global are close to wrapping up their criminal probe and are ...

Length of Yellow Caution Traffic Lights Could Prevent Accidents

A couple of years ago, Hesham Rakha misjudged a yellow traffic light and entered an intersection just as the light turned red. A police ...

Common Type of Rail Car Has Dangerous Design Flaw

For two decades, one of the most commonly used type of rail tanker has been allowed to haul hazardous liquids from coast to coast even ...

ACE Adds Chemical Withdrawal Expense Endorsement to Ace PaC Form

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

From MyNewMarkets.com Holiday Season Already Underway for Insurers of Seasonal Events

Ready or not, the holidays are right around the corner. And like retail stores and other holiday specialists, insurers are preparing for...
Sponsored today by: Westrope. Brains & Brawn. Our Knowledge Adds Value - Our Strength Delivers Results. Click here for more info.
East

N.Y.-Based Cook, Hall & Hyde to Merge With Maran Corporate Risk Assoc.

Two brokerages in the Metro New York region -- Cook, Hall & Hyde and Maran Corporate Risk Associates -- announced their intention to enter ...

N.H. Road Fatalities Up in 2012; Authorities Urge Drivers to Slow Down

Traffic fatalities have spiked in New Hampshire, prompting authorities to urge drivers to slow down and avoid dangerous activities such as ...

In Penn. Lawsuit, ACE Accuses OneBeacon of Poaching Employees

ACE American Insurance Company recently filed a lawsuit against OneBeacon U.S. Holdings Inc. In its lawsuit, filed in Pennsylvania, ACE ...

Delaware Eyes Comprehensive School Safety Plans

Gov. Jack Markell is signing legislation aimed at making Delaware's schools safer. A bill to be signed into law on Monday creates a ...
Designing Producer Compensation Plans - New training next week from Insurance Journal's Academy of Insurance - Reserve Your Spot Today
Midwest

1 N.D. Agent Pleads not Guilty, 1 Sentenced in Separate Cases

A Dickinson, N.D., insurance agent accused of stealing $30,000 from a client has pleaded not guilty to five felony theft counts. Meanwhile, ...

Minnesota Woman Loses Music Downloading Appeal

A U.S. woman accused of sharing songs online owes record companies $222,000 for willful copyright violations, a federal appeals court in ...

Prosecutor: CEO in Iowa Fraud Case Admits to Fraud

The founder of an Iowa brokerage has signed a plea agreement with federal prosecutors in which he admits to carrying out a $200 million ...
Designing Producer Compensation Plans - New training next week from Insurance Journal's Academy of Insurance - Reserve Your Spot Today
Southeast

Q&A with Florida's Citizens CEO Gilway: Leading in the Public Sector

Two months ago when Barry Gilway took over as president of Florida's state-run property insurer, Citizens Property Insurance Corp., he ...

West Virginia Business Court to Debut Oct. 10

The state Supreme Court will debut a business court division next month, taking often-complicated disputes out of a hectic circuit court ...
South Central

Allstate Raising Homeowner Rates in Louisiana

Allstate Corp. is raising rates for 144,000 Louisiana homeowners who get their insurance coverage from two Allstate companies. The company ...

State Farm Lloyds Files Homeowners Rate Increase in Texas

State Farm Lloyds says it intends to increase homeowners rates in Texas by an average 20 percent. The company announced it has submitted a ...

Today Marks 4 Years Since Ike Hit Galveston

There was a time Galveston tourism officials would avoid using the word Ike. Four years after the most devastating storm since Hurricane ...
West

U. of California Sues Facebook, Wal-Mart, Disney Over Patents

A University of California patent licensee which has sued some of the biggest U.S. companies is taking on three more -- Facebook Inc., ...

Danger in Air Again At Reno National Air Races

The annual air race in Nevada's Valley of Speed has a new name. Fans returning to see vintage World War II fighter planes streak across the ...

Utility Hit With Lawsuit Over Utah Wildfire

Nearly 100 property owners are suing Rocky Mountain Power and blaming the utility for one of Utah's largest wildfires this year. The Wood ...

Albuquerque, N.M. To Pay $439,000 To Settle Lawsuit

The city of Albuquerque, N.M. will pay the widow of a murder victim $439,000 to settle a lawsuit alleging that police could have arrested ...
International

U.S. Lawsuits Target Carnival in Italy Cruise Crash

Hundreds of passengers from the stricken Italian cruise ship Costa Concordia and up to 1,000 businesses on the island where it ran aground ...

PCI Urges Rapid Progress on Trans-Pacific Free Trade Agreement

The Property Casualty Insurers Association of America (PCI) has urged negotiators to make rapid progress on the Trans-Pacific Partnership ...

Willis UK Broker Networks Add 12 New Members

Willis Group Holdings announced that 12 new members have joined its two UK broker networks, Willis N2 and Willis Commercial Network, both ...

Dougherty Joins XL's Global Insurance Operations as CFO

XL Group plc announced the appointment of Chris Dougherty as Chief Financial Officer - Insurance.  He will be responsible for overseeing ...

HDI-Gerling UK Names Gwilt to Head Fleet Management Division

Industrial Insurance Company HDI-Gerling announced the appointment of Michael Gwilt as manager responsible for fleet risk management and ...

Best to Assign Ratings to Merged QBE European Reinsurance Entities

A.M. Best Europe - Rating Services Limited has commented that it expects to assign a financial strength rating (FSR) and an issuer credit ...

Verisk Crime Analytics Launches Cargo Theft Prevention Systems in Canada

Verisk Crime Analytics has launched national information sharing systems designed to help Canadian insurers and their policyholders combat ...

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New Discussions in the Forums

Buying IA - Current Multiplier?
Posted: Thu Sep 13 -- Hopefully you have found an insurance agency that is right for you. I prefer the captive route. I have been an insurance agent in the... insurancechandleraz
Adding Value? Who Cares? And, who gets mad?
Posted: Tue Sep 11 -- Good philosophy. The other ratio is the 20%-80% which is indirectly a corollary, i.e. 20% of your clients generate 80% of your income, so if... jackwehoca
Track Your CSR's Daily Sales Activity
Posted: Mon Sep 10 -- Earlybird, what management system do you currently use and are you satisified with it? Looking to improve effectiveness and be able to track... jackwehoca
Truckers Workers Comp
Posted: Mon Sep 10 -- I have a PEO market with a base rate of 20.37. Could receive further discount because of good loss history. Give me a call if PEO is a... Chad Filley
Independent Agency Growth Rate
Posted: Mon Sep 10 -- If you are a member of the Independent Insurance Agents and Brokers of America, I suggest a review of IIABA "Best Practices" program... jtownagent

Reader Comments

Texas in November to Open 85 Mph Toll Way
Posted: Fri Sep 7 -- The problem isn't the speed limit. It's the moron's driving on our roads that are unprepared for driving in the first place. I have a friend... Seriously?
Maryland Man Sued Over Travel Insurance Policy on Missing Companion
Posted: Wed Sep 12 -- Anyone out there want to take a trip to the Everglades? Just get me the exact spelling of your name and your DOB. Let me know when you'll be... Al E. Gator
Planners Craft Strategies to Help High-Earners Skirt New Healthcare Taxes
Posted: Fri Sep 7 -- The time to stop talking about tax reform and doing something about it has come. It may take a taxpayer revolt to get it going and... Agent
Private Insurers in Line to Take 150,000 Policies from Florida's Citizens
Posted: Fri Sep 7 -- At least these are established carriers that we've had dealings with before. No more "Magnolia" incidents please!!! Mr. Solvent
Mississippi Court Rules Wal-Mart Not Liable in Gun Ammo Sale to Underage Shooter
Posted: Mon Sep 10 -- The employee admitted he knew it was going to a minor. What would happen in a similar scenario if an employee sold beer, knowing it was... Captain Planet

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September 10, 2012
Current Issue
High Income / High Profile; Top Workers' Comp Writers; Residential Contractors

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Copyright © 2012 by Wells Media Group, Inc.

Sep 12, 2012

Daily Headlines: Wednesday, September 12, 2012

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Insurance Journal Daily Headlines
September 12, 2012
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

IRS Says It Has No Role in Enforcing Health Insurance Mandate

The Internal Revenue Service on Tuesday assured congressional lawmakers that agents would play no role in enforcing the controversial ...

Farm Bill, Crop Insurance Reform May Be Stalled Until November

It may be November before the U.S. Congress completes the new $500 billion U.S. farm bill as lawmakers cannot agree on how much to cut ...

Arthur J. Gallagher CEO: This Rate Environment Unusual but Better

Speaking at a recent conference, brokerage Arthur J. Gallagher's CEO J. Patrick Gallagher described how different today's commercial ...

Conn.-Based SPARTA Ins. Taps Former Everest Re Exec Jones as New COO

Hartford, Conn.-based SPARTA Insurance Company has appointed Ralph E. Jones III as president and chief operating officer. Jones brings to ...

Aspen US Insurance Expands Marine Capabilities

Aspen US Insurance will expand its marine capabilities in the U.S. by offering brown water hull, protection & indemnity, and marine ...

Chartis Expands NextGen Protection to Hospitality, Leisure Industries

The Chartis Insurers have added PLL Hospitality Protect to their NextGen Protection suite of industry specific insurance products. ...

From MyNewMarkets.com Holiday Season Already Underway for Insurers of Seasonal Events

Ready or not, the holidays are right around the corner. And like retail stores and other holiday specialists, insurers are preparing for...
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

Hallmark Specialty Insurance Ordered to Pay Over Penn. Turnpike Spill

A federal judge says a trucking company's insurer must cover some of the claims associated with the spill of a sticky goo over a 40-mile ...

Delaware Commissioner Beats Out 3 Challengers in Democratic Primary

Delaware Insurance Commissioner Karen Weldin Stewart beat out three challengers in yesterday's Democratic primary. Of some 47,912 votes ...

N.J. Workers' Comp Division Proposes 2% Raise in Weekly Benefit Rates

New Jersey's Division of Workers' Compensation has recently proposed an amendment that would increase the 2013 maximum weekly benefit rates ...

Maryland Man Sued Over Travel Insurance Policy on Missing Companion

An American Express subsidiary is suing a Maryland man who was jailed for months in Aruba in the suspected death of his traveling ...
Join us Sept 13, Understanding Commercial Property Underwriting and COPE - New training from Insurance Journal's Academy of Insurance - Reserve Your Spot Today
Midwest

Missouri Lawyer Sentenced for Embezzling Insurance Payouts

A former lawyer in Missouri's St. Louis County is going to prison after embezzling nearly $500,000 in insurance settlements from dozens of ...

Feinberg Calls Indiana Stage Collapse Compensation Fair

The architect of compensation for victims of last year's deadly Indiana State Fair stage collapse says he believes the state was ...

Michigan Man Suspected in Officer's Slaying, Insurance Fraud Found Dead

A recently divorced executive accused of mishandling employees' insurance funds fired on police at his home in a wealthy Detroit, Mich., ...
Southeast

How Florida's Citizens' Surplus Loans to Private Insurers Would Work

Florida's state-backed property insurer is considering for the first time whether to invest in private insurers to the tune of $350 ...

West Virginia Supreme Court to Hear Business Court Ideas

The state Supreme Court is set to discuss a court system for business-related lawsuits. An announcement was scheduled for Tuesday afternoon ...

RLI Extends Coverage for Personal Umbrella Policies in Florida

RLI Corp. is now offering a reduced liability attachment point for its personal umbrella policy for Florida residents. Personal umbrella ...
South Central

Isaac Damage to Louisiana Agriculture Estimated at $100M

An assessment won't be finalized until all harvests are complete, but it appears that an estimated $100 million in losses to Louisiana's ...

7 Companies Cited for Exposing Workers to Asbestos in San Antonio

Federal safety regulators have cited seven construction companies for exposing workers to asbestos hazards at a San Antonio construction ...

Isaac Tars Louisiana Beaches with Oil from BP Spill

Two years after the worst offshore oil spill in U.S. history, mats of oily tar from BP Plc.'s ill-fated Macondo well have turned up on ...
West

Utah Company Prevails In Blender Patent Dispute

A Utah company known for its "Will it Blend" YouTube videos has been awarded millions in a suit claiming a company ripped off its unique ...

Alaska To Get $1 Million For Tsunami Cleanup

Japan is providing money for cleanup of debris from that country's tsunami last year. KTUU-TV reported that Alaska will receive $1 million ...

Henry Named Director of Solar Underwriting for Assurant in Southern California

The Assurant solar named Cindy Henry as the new director of Solar Underwriting and Account Management. Henry will be based in Fountain ...

Aon Names Lavinder in Oregon

Aon Risk Solutions, the global risk management business of Aon plc (NYSE: AON), named Dan Lavinder as a sales account executive in its ...
Sponsored by: Arrowhead General Insurance Agency. Agents and Carriers, It's Easy to Grow Your Business With Us. Click to Learn more in our Program Lab.
International

Barclays Chairman: Financial Firms Must Change Sales Incentives

Banks must change a culture of paying staff commission on sales and put less focus on short-term profits in order to repair their battered ...

Low Interest Rates: an Ongoing Problem for the Re/insurance Industry

Swiss Re's sigma report analyzing the effect on the insurance industry of the continuing low interest rates doesn't paint a pretty picture. ...

IMF Says Benefits of Global Financial Reform Outweigh Costs

Tough new global financial rules will nudge up credit costs, but the slight drag they will place on major economies is worth it to achieve ...
Designing Producer Compensation Plans - New training next week from Insurance Journal's Academy of Insurance - Reserve Your Spot Today
Insurance Journal Blogs

Burand's Agency E&O Blog: Tip #9

Certificates of Insurance, Part 2.   Last week's blog covered the reason certificates cause so many E&O mistakes due to processing ...

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Insurance Journal TV

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Predictive Modeling 1: Origins in Insurance

Few developments have altered the insurance business as much as predictive modeling and more...
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Agriculture Business Prepared for This Year's Drought

Record high temperatures in the Midwest have farmers facing the worst drought in over 20 year,...

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New Discussions in the Forums

Adding Value? Who Cares? And, who gets mad?
Posted: Tue Sep 11 -- Good philosophy. The other ratio is the 20%-80% which is indirectly a corollary, i.e. 20% of your clients generate 80% of your income, so if... jackwehoca
Track Your CSR's Daily Sales Activity
Posted: Mon Sep 10 -- Earlybird, what management system do you currently use and are you satisified with it? Looking to improve effectiveness and be able to track... jackwehoca
Truckers Workers Comp
Posted: Mon Sep 10 -- I have a PEO market with a base rate of 20.37. Could receive further discount because of good loss history. Give me a call if PEO is a... Chad Filley
Independent Agency Growth Rate
Posted: Mon Sep 10 -- If you are a member of the Independent Insurance Agents and Brokers of America, I suggest a review of IIABA "Best Practices" program... jtownagent
Do you use online leads services?
Posted: Fri Sep 7 -- I agree with charlie. Sometimes you have to pay just to get leads failing to think that since it's for sale, it's up for grabs for a dozen... robmejia

Reader Comments

Texas in November to Open 85 Mph Toll Way
Posted: Fri Sep 7 -- The problem isn't the speed limit. It's the moron's driving on our roads that are unprepared for driving in the first place. I have a friend... Seriously?
Planners Craft Strategies to Help High-Earners Skirt New Healthcare Taxes
Posted: Fri Sep 7 -- The time to stop talking about tax reform and doing something about it has come. It may take a taxpayer revolt to get it going and... Agent
Private Insurers in Line to Take 150,000 Policies from Florida's Citizens
Posted: Fri Sep 7 -- At least these are established carriers that we've had dealings with before. No more "Magnolia" incidents please!!! Mr. Solvent
Mississippi Court Rules Wal-Mart Not Liable in Gun Ammo Sale to Underage Shooter
Posted: Mon Sep 10 -- The employee admitted he knew it was going to a minor. What would happen in a similar scenario if an employee sold beer, knowing it was... Captain Planet
Travelers' CEO Fishman: Rate Increases Continuing
Posted: Tue Sep 11 -- IN an era of Stagflation he just keeps taking it to the bank. Jay

Current Issue

September 10, 2012
Current Issue
High Income / High Profile; Top Workers' Comp Writers; Residential Contractors

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How to Advertise

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 Media Group, Inc.

Sep 11, 2012

Daily Headlines: Tuesday, September 11, 2012

Sponsored by: Universal Insurance. Lead by Example. Insurance With Values. Click here for more information.
Insurance Journal Daily Headlines
September 11, 2012
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Premiums for Employer-Sponsored Family Health Insurance Rose 4% This Year: Kaiser

Annual premiums for employer-sponsored family health coverage reached $15,745 this year, up four percent from last year, with workers on ...

Travelers' CEO Fishman: Rate Increases Continuing

Insurance rates continued to rise in the third quarter for both businesses and individual customers, extending the pricing power that ...

CRC/Crump Acquires Preferred Brokerage Unit of Preferred Concepts

CRC|Crump has signed an agreement with Preferred Concepts in New York to acquire select assets of the company's Preferred Brokerage ...

Energi Expands Presence With Three New Offices

Energi, a developer and underwriter of insurance products, has opened three new satellite offices across the United States to better serve ...

Guarantee Insurance Co. Now Writing Workers Comp. in Ore., S.D.

Patriot National Insurance Group, a provider of workers' compensation coverage, has announced its subsidiary Guarantee Insurance Co. is now ...

PURE Expands Appetite to Cover Personal Watercrafts

Privilege Underwriters Reciprocal Exchange (PURE), the member-owned property/casualty insurer of high-value homes and property, has ...

U.S. Treasury Sells $18 Billion of AIG Stock, Cuts Stake to 19%

The U.S. government cut its stake in American International Group Inc. to 19 percent on Monday, making a profit of $12.4 billion on the ...

U.S. Treasury Expects $12.4 Billion Profit from Investment in AIG

The U.S. Treasury said on Monday it expects to raise $18 billion from its sale of American International Group shares, representing a ...

From MyNewMarkets.com Private Insurers in Line to Take 150,000 Policies from Florida's Citizens

Four Florida-based property insurers have been given the green light to remove up to 150,000 policies from the state-backed Citizens...
Sponsored by: City of Hope. Help Put Us Out of Business. Spirit of Life Award Dinner. October 27, 2012 - The Beverly Hilton. Click here for more information.
East

Status of World Trade Center Site, 11 Years Later

Eleven years after terrorists attacked the World Trade Center, the new multibillion-dollar World Trade Center once again dominates the ...

Judge Dismisses Velvet Underground Copyright Claim vs. Warhol Over Banana

A federal judge has dismissed part of The Velvet Underground's lawsuit accusing the Andy Warhol Foundation for the Visual Arts of violating ...

Marsh Promotes Flynn to Lead Insurance Services Businesses in New York

Marsh, the insurance broking and risk management division of Marsh & McLennan Cos., has promoted Liz Flynn to the newly created position of ...

Conn.-Based Rocaton Investment Advisors Expands Its Insurance Division

Rocaton Investment Advisors, an investment advisory consulting firm based in Norwalk, Conn., has expanded its insurance team with the ...

Government to Cover Cancer Treatment for 9/11 Responders

The 70,000 surviving firefighters, police officers and other first responders who raced to the World Trade Center after the attacks of ...
Join us Sept 13, Understanding Commercial Property Underwriting and COPE - New training from Insurance Journal's Academy of Insurance - Reserve Your Spot Today
Midwest

Court: Ohio Prison Nurse Can Be Sued in Death

A prison nurse isn't immune from being sued over an inmate's 2009 death following a violent seizure from alcohol withdrawals, a federal ...

Pedestrian Deaths on the Rise in Minnesota

Minnesota safety officials say the number of pedestrian deaths has risen sharply this year. Twenty-three pedestrians have died in Minnesota ...

North Indiana Sheriff Aims to Reduce Buggy Crashes

The Elkhart County Sheriff's Department is teaming with an Amish group known as the Northern Indiana Safety Association to try to educate ...
Southeast

Alabama Law Requires Ignition Locks for Drunk Drivers

A new law in Alabama requires motorists convicted of drunken driving to install ignition interlocks on their vehicles, although police have ...

Tennessee Shifting Driver's License Renewals to Self-Service Kiosks, iPads

Tennessee residents needing to renew or replace their driver's licenses could be using self-service kiosks by November. The Commercial ...
Designing Producer Compensation Plans - New training next week from Insurance Journal's Academy of Insurance - Reserve Your Spot Today
South Central

Univ. of Louisiana-Monroe Lands Contract for Insurance Research

The University of Louisiana-Monroe College of Business has been awarded a research contract from the Louisiana Department of Insurance to ...

Howell Named Benefits VP, Account Executive at Watkins Insurance Group

Brent Howell has been named vice president and account executive of Austin, Texas-based Watkins Insurance Group's Employee and Group ...

Gibaltar Group Adds Baker as VP of Information Security

The Gibraltar Group, a risk and insurance advisory firm based in Lubbock, Texas, announced it has appointed Dr. Bruce Baker as vice ...
West

Risk Of Lawsuits Preventing Abandoned Mine Cleanup In Coloroado

Colorado mining authorities have dug through a mountainside and reopened the dark granite shaft of an abandoned mine that turned deadly, ...

EPIC Names Rowe Business Development Executive for Programs Group in California

San Ramon, Calif.-based Edgewood Partners Insurance Center named Connie Rowe vice president and business development executive in the ...

Kauai County, Hawaii Settles Racial Harassment Complaint

Kauai County, Hawaii will pay $120,000 to settle a federal case by a former assistant prosecuting attorney who claimed she was subjected ...

New Mexico Jury Awards $2M For Botched Back Surgery

A Santa Fe jury has awarded $2 million to a man whose back surgery was so badly botched he suffered cardiac arrest and required three more ...

Metrolink Victims in California Claim Inadequate Compensation

As the fourth anniversary of a deadly Metrolink crash approaches, many survivors of the incident in Southern California say a federal ...

Arizona School District Settles Lawsuit With Ex-School Psychologist

The Tucson Unified School District in Arizona has agreed to pay a former school psychologist $180,000 to settle a retaliation claim. Rose ...
Sponsored by: IBA West. Insurefest - Oct. 12 - 14. San Diego Marriott Marquis and Marina, San Diego, CA. Click here for more information.
International

Reinsurance Industry Exhibits Stability: Aon Benfield

In the past 12 years, only eight reinsurers have been declared insolvent despite paying claims of more than $150 billion from events ...

U.S. Mergers & Acquisitions Most Active Worldwide: Clyde & Co.

Merger and acquisition trends in the United States trended upward from 2009 to the first half of 2012, a new industry report reveals. So ...

U.S. Regulators Add Tool to Track Insurers Operating Globally

State insurance commissioners in the U.S. have agreed to adopt a code that helps track insurers doing business in multiple countries. The ...

Worth Named CFO at Aspen

Aspen Insurance Holdings Ltd. in Bermuda has appointed John Worth as group chief financial officer of the company, effective Nov. 1. He ...

OneBeacon Technology Names Morrison AVP, International

OneBeacon Technology Insurance (OBTI), a member of OneBeacon Insurance Group, appointed Duncan Morrison as assistant vice president - ...

MAPFRE ASSISTANCE to Provide Travel Insurance to Africa's ASKY Airlines

MAPFRE ASSISTANCE has signed an agreement with ASKY Airlines whereby it will automatically provide travel insurance to all its passengers. ...
Top 5 Mistakes When Hiring Producers - New training from Insurance Journal's Academy of Insurance - Reserve Your Spot Today

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Insurance Journal TV

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Predictive Modeling 1: Origins in Insurance

Few developments have altered the insurance business as much as predictive modeling and more...
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Agriculture Business Prepared for This Year's Drought

Record high temperatures in the Midwest have farmers facing the worst drought in over 20 year,...

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

Track Your CSR's Daily Sales Activity
Posted: Mon Sep 10 -- Earlybird, what management system do you currently use and are you satisified with it? Looking to improve effectiveness and be able to track... jackwehoca
Adding Value? Who Cares? And, who gets mad?
Posted: Mon Sep 10 -- Pretty much what I was afraid would happen -see my comment 8/17/12. We have turned into a litigious society and hopefully they are just... jackwehoca
Truckers Workers Comp
Posted: Mon Sep 10 -- I have a PEO market with a base rate of 20.37. Could receive further discount because of good loss history. Give me a call if PEO is a... Chad Filley
Independent Agency Growth Rate
Posted: Mon Sep 10 -- If you are a member of the Independent Insurance Agents and Brokers of America, I suggest a review of IIABA "Best Practices" program... jtownagent
Do you use online leads services?
Posted: Fri Sep 7 -- I agree with charlie. Sometimes you have to pay just to get leads failing to think that since it's for sale, it's up for grabs for a dozen... robmejia

Reader Comments

Employers Committed to Offering Health Plans; Cost Seen Going Up 5.3% in 2013
Posted: Wed Sep 5 -- Unemployment at 8.3% on Obama's inauguration date 7.7 Foodstamps given up 87% from inauguration date. National Debt 10.5 Trillion on Obama's... Sarah
California State Fund Restructures Broker Distribution
Posted: Tue Sep 4 -- How to screw the small business/agency plant. CSP
Private Insurers in Line to Take 150,000 Policies from Florida's Citizens
Posted: Fri Sep 7 -- At least these are established carriers that we've had dealings with before. No more "Magnolia" incidents please!!! Mr. Solvent
Texas in November to Open 85 Mph Toll Way
Posted: Fri Sep 7 -- The problem isn't the speed limit. It's the moron's driving on our roads that are unprepared for driving in the first place. I have a friend... Seriously?
Planners Craft Strategies to Help High-Earners Skirt New Healthcare Taxes
Posted: Fri Sep 7 -- The time to stop talking about tax reform and doing something about it has come. It may take a taxpayer revolt to get it going and... Agent

Current Issue

September 10, 2012
Current Issue
High Income / High Profile; Top Workers' Comp Writers; Residential Contractors

More Newsletters

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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.

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Insurance Journal TV
September 11, 2012
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In His Own Words: Myron Steves

He may not be the oldest living Certified Property Casualty Underwriter designate, but if not, Myron F. Steves, Sr. comes pretty close. Steves, founder of the Houston-based...

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Copyright © 2012 by Wells Media Group, Inc.

Breaking News: U.S. Treasury Sells $18 Billion of AIG Stock, Cuts Stake to 19%

Insurance Journal Breaking News
September 11, 2012

Breaking News Alert

U.S. Treasury Sells $18 Billion of AIG Stock, Cuts Stake to 19%

Read the full story

The U.S. government cut its stake in American International Group Inc. to 19 percent on Monday, making a profit of $12.4 billion on the insurer's crisis-era bailout and bringing the unpopular rescue closer to its end.

The Treasury Department sold $18 billion worth of the insurer's shares at $32.50 apiece, in what could yet be the largest ever secondary offering in U.S. history. The underwriters have the option to buy another $2.7 billion worth of AIG shares, which they can exercise in the next 30 days.

Read the full story

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3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2012 by Wells Media Group, Inc.