| March 14, 2013
East New York State Releases Plans for $1.7B in Sandy FundsNew York Gov. Andrew Cuomo announced statewide plans Tuesday to use $1.7 billion in federal storm-damage funds for home repairs, government ... SNL Analysis Highlights Sandy's Impact on P/C Underwriting ResultsFinancial information firm SNL Financial's preliminary analysis of more than 2,600 individual property/casualty filer's statutory data ... Sirius XM Sues D&O Insurers, Seeks to Recoup Post-Merger Defense CostsNew York-based satellite radio services company Sirius XM Radio Inc. filed a lawsuit against its directors' and officers' insurers last ... Cowles and Connell of New Jersey Appoints Marketing Vice PresidentCowles and Connell of New Jersey has added John Danka as marketing vice president for the New Jersey and Pennsylvania region. Danka's ... The Institutes in Pennsylvania Names Director of Member Knowledge for CPCU SocietyNichole Ritz joined The Institutes as director of member knowledge for the CPCU Society. She is responsible for developing and implementing ... Midwest Indiana Crop Insurance Payouts for '12 Losses Top $1BIndiana crop insurance payouts for losses during last year's drought have reached a record $1 billion. Purdue University said that Indiana ... Aon Risk Solutions Adds West as Senior VP in ChicagoAon Risk Solutions, the global risk management business of Aon plc, has added Max West as senior vice president in its Chicago office West ... Dale Joins Columbia Insurance Group as Omaha Branch ManagerColumbia Insurance Group (CIG) welcomes Mark Dale as branch manager of the Omaha, Neb., branch office location. Dale has more than 25 ... Springfield, Illinois Fire Department Insurance Rating SlipsThe Springfield, Ill., fire department's insurance rating has dropped a notch. Mayor Mike Houston says that's because of longer response ... Southeast North Carolina Governor Says He Had No Role in $100M Offer for MetLife MoveGov. Pat McCrory said this week he had no role in a deal partly brokered by his former employer that promised MetLife Inc. about $100 ... Mississippi House Revives Guns in School ProposalMembers of the Mississippi House want to steer the school safety debate back toward letting school districts arm teachers and employees. ... S&P Rates Florida Cat Fund Bonds "AA-'Standard & Poor's Ratings Services has assigned its "AA-" rating to Florida Hurricane Catastrophe Fund (FHCF), Florida's $2 billion revenue ... Florida Lawmakers Confront Cost of Improving School SafetyThe mass school shooting in Connecticut led officials to question if more should be done to beef up security in Florida's public ... South Central Louisiana Governor: Texas Brine Agrees to Sinkhole BuyoutsLouisiana Gov. Bobby Jindal says a Texas company blamed for the sinkhole that formed after the collapse of an underground salt cavern has ... Oklahoma Senate Votes to Privatize CompSource AgencyThe Oklahoma Senate has approved legislation to privatize the state's nonprofit workers' compensation agency. The Senate passed the measure ... Louisiana Citizens Property Insurance Corp. CEO RetiringLouisiana Citizens Property Insurance Corp. CEO Richard Robertson says he plans to retire June 1. Robertson told The Advocate he will ... Copper Thieves Hit Substations in Louisiana's Union ParishUnion Parish, La., sheriff's deputies and Marion police are investigating the theft of a large amount of copper wiring from a substation ... West Southern California School District Settles Lewd 'Tasting Games' ClaimsThe Los Angeles school district will pay millions of dollars to settle claims and lawsuits filed by students and families from an ... Arizona Law On Medical Malpractice Suits UpheldA new Arizona Supreme Court ruling upholds a state law that seeks to screen out flimsy medical-malpractice suits by requiring that ... 3 Former Execs Plead Guilty In California Asbestos CaseThree former executives of a now-defunct nonprofit have been convicted of violating federal asbestos laws when the former Castle Air Force ... Insurance Weighs in on Working from HomeWorking from home has become a hot topic following Yahoo Inc. CEO Marissa Mayer's announced plans in late February to bring telecommuters ... Washington Man Convicted Of Insurance Fraud over $200,000 Patio CoverA jury on Wednesday convicted a Spokane, Wash. man of insurance fraud and attempted theft after claiming $200,000 for a snow-damaged patio ... International U.S. Welcomes China Talks on Cyber SecurityThe White House on Wednesday welcomed China's willingness to hold talks with Washington about cyber security threats, amid growing U.S. ... Carnival Cruise Ship Stuck in St. Maarten Port with Generator ProblemA Carnival Cruise Lines ship was stuck at port in St. Maarten on Thursday with equipment trouble, a month after another Carnival vessel was ... Aon Benfield's Impact Forecasting Launches New Cat Scenario ModelsImpact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has launched a suite of new scenario models to ... Finaccord Reports on Bancassurance in Global MarketsA new report from UK based market research, publishing and consulting firm Finaccord notes that "emerging markets in the Asia-Pacific ... Tower Closes Merger with Canopius; Changes in Share ListingTower Group, Inc. announced the closing of its merger with Canopius Holdings Bermuda Limited as of the close of trading on The NASDAQ ... Hong Kong's Peak Re Licenses AIR Worldwide Catastrophe Modeling SystemsCatastrophe modeling firm AIR Worldwide announced that Hong Kong-based Peak Reinsurance Co. Ltd., which focuses on the Asia-Pacific market, ... Recently Formed MDS Africa Names Mora DirectorMDS Group, the Iberian, Latin American and African insurance broker, announced the appointment of Tiago Mora as a director of its recently ... Sponsored Content Titan Claims Management Announcing "Best in Class" ServicesSan Diego, CA 3/14/13 - Titan Claims Management is announcing their premier "Best in Class" services to include claims oversight to third ... Join the Insurance Journal NetworkInsurance Journal TV
New Discussions in the Forums500k cargo endorsement Delaware Posted: Tue Mar 12 -- Does anyone have a market for oversize units hauling construction equipment? I need a 500k cargo endorsement to satisfy a contract. DIG2013 Trailer Interchange 75k Delaware Posted: Tue Mar 12 -- Does anyone have a market for $75k in trailer interchange coverage, and $250k cargo coverage that would include the insured hauling 3 -5... DIG2013 Farmers vs. Independent Posted: Tue Mar 12 -- I don't mean to nitpick, but you do NOT need to have producers under you in order to 'own' an agency. Successful ownership is in the eye of... sacman Surety Bonds Posted: Tue Mar 12 -- We are a surety bond only brokerage/agency, so bonds are our only business. When assisting clients, what factors help you decide from whom... MNeschke Online Competition Posted: Tue Mar 12 -- D's appreciate your thoughts- certainly something to ponder-- to clarify we are a small - 2 agent no staff office. Our expectations may be... William Graham Non compete lawsuit Posted: Mon Mar 11 -- See an attorney. 25 miles is a little bogus but so is the fact he only 3 commissions...it would be better if he had got no compensation,... OldIndyAgent Insurance Noodle vs. Superior Access vs. Agent Secure Posted: Mon Mar 11 -- Small agencies don't write enough to get direct appointments with most carriers. newportins Reader CommentsGreenberg Doubles Claims in AIG Bailout Suit vs. U.S. to $55 Billion Posted: Wed Mar 13 -- Greenberg & AIG CAUSED the crisis! They peddled collateral default swaps - which they sold to banks & brokerage houses as insurance on the... SacFlood AIG Shareholders Gain Class Action Status in Greenberg's Bailout Suit Posted: Tue Mar 12 -- Why oh why could we not have let this POS company and their greedy POS shareholders fail and go out of business? This whole narrative... Dave MetLife Moving 2,600 Jobs to North Carolina from Northeast, California Posted: Tue Mar 12 -- >The new jobs, paying average salaries of nearly $82,000 a year, would include product management, marketing, sales and customer support... Celtica St. Louis Company Wins Suit over Bowl-Shaped Chip Posted: Thu Mar 7 -- The litigators must have loved these two companies! Imagine making money by arguing case law over the shape of a chip. Huh! Montana Panel Hears Wrongful Birth, Life Bill Posted: Wed Mar 13 -- Wrongful birth claim? There is something seriously wrong with that phrase. Always Amazed | Subscriber ToolsMore NewslettersMarket DirectoriesNew Insurance JobsHow to AdvertiseFor information about advertising on this newsletter and Insurance Journal magazines, contact Julie Tinney at (800) 897-9965 x148. View our Media Kit for advertising options in our magazines and online properties. Copyright © 2013 by Wells Media Group, Inc. |
Mar 14, 2013
Daily Headlines: Thursday, March 14, 2013
Mar 13, 2013
Daily Headlines: Wednesday, March 13, 2013
| March 13, 2013
East N.Y. Proposes Establishing Private Right of Action for Insured Suffering Disaster LossesA New York legislator proposed a new bill that would establish a private right of action for the insured for unfair insurance settlement ... N.J. Authorities Form Clearinghouse for Investigating, Prosecuting Sandy FraudNew Jersey Attorney General Jeffrey Chiesa announced the creation of a "Statewide Sandy Fraud Working Group" to serve as New Jersey's ... The Institutes in Pennsylvania Names Director of Member Knowledge for CPCU Societyichole Ritz joined The Institutes as director of member knowledge for the CPCU Society. She is responsible for ... Midwest Missouri Golfer Survives Mid-Round Illinois SinkholeWhen it comes to dealing with this divot, score one for golfer Mark Mihal. The St. Louis Post-Dispatch reports that the mortgage broker ... Des Moines, Iowa to Test Cameras in City VehiclesThe city of Des Moines, Iowa, will be installing surveillance cameras in 125 city vehicles to test whether the technology can hold ... Aon Expands Grand Rapids, Michigan OfficeInsurance broker Aon plc announced an expansion of its Grand Rapids, Mich., office, with the addition of Jennifer Adkins, Christine Bill, ... Recent Storms Ease Drought in Middle of United StatesRecent rain and snowstorms have eased the grip of the worst U.S. drought in decades in portions of the nation's midsection, swelling some ... Southeast Feds Bust $100M North Carolina Crop Insurance Fraud SchemeFederal investigators have unraveled a massive scheme among dozens of insurance agents, claims adjusters, brokers and farmers in eastern ... Florida Senate Bill Would Depopulate Citizens, Raise Rates, Create ClearinghouseLawmakers in the Florida Senate have taken steps to return the state-backed insurer Citizens Property Insurance Corp. to its original ... West Virginia Debates Property Insurance Nonrenewal RulesIn West Virginia and most other states, an insurer can choose not to renew people's property insurance policy if a claim is filed over ... South Central Oklahoma Bill Allows for Electronic Monitoring in Nursing HomesA measure passed by the Oklahoma Senate would allow residents in nursing homes to install electronic monitoring devices in their private ... Southport Lane Acquires Dallas National Insurance Co.Southport Lane, a New York-based private equity firm, completed its previously announced acquisition of Dallas National Insurance Co., a ... LWCC Promotes Executives Buffone and HawieLouisiana Workers' Compensation Corp.( LWCC) has promoted two key executives. Paul Buffone is now senior vice president and chief claims ... West New Mexico Space Industry Liability Bill Clears LegislatureThe Legislature entered the final week of its 60-day session with many major issues still unresolved, but lawmakers have given final ... Montana Panel Hears Wrongful Birth, Life BillA Senate panel is considering a bill that would prohibit the parents of children with genetic abnormalities from suing their doctors for ... Health Care Law to Create Gap For 21K In HawaiiRoughly 21,000 people in Hawaii who were previously covered under Medicaid will need to buy their own health insurance once President ... Health Insurance Exchange Bill Clears New Mexico SenateA proposal to establish a state-run health insurance exchange has passed the Senate with bipartisan support. A federal health care law ... Markel Names Falvey Director of Public Entity Product Line For WestBrendan Falvey was named director of the public entity product line for the Markel Corp.'s West Region. Falvey is responsible for managing ... WBN Owners Conference comes to Northern CaliforniaThe Worldwide Broker Network's Owners Conference in San Francisco from April 17 to 20 is expected to draw 200 industry professionals. The ... International Carnival Reviews Entire Fleet; Cruise Ship Industry Retains Rosy OutlookCarnival Corp. has launched a comprehensive review of its entire fleet after a fire crippled one of its ships last month, and will share ... Join the Insurance Journal NetworkInsurance Journal TV
New Discussions in the Forums500k cargo endorsement Delaware Posted: Tue Mar 12 -- Does anyone have a market for oversize units hauling construction equipment? I need a 500k cargo endorsement to satisfy a contract. DIG2013 Trailer Interchange 75k Delaware Posted: Tue Mar 12 -- Does anyone have a market for $75k in trailer interchange coverage, and $250k cargo coverage that would include the insured hauling 3 -5... DIG2013 Astonish Results or Squid Posted: Tue Mar 12 -- hi with respect to the some common that talk about Astonish deliver, is not true, we have spent so fare over $7,000 without generating a... SMIS2008 Farmers vs. Independent Posted: Tue Mar 12 -- I don't mean to nitpick, but you do NOT need to have producers under you in order to 'own' an agency. Successful ownership is in the eye of... sacman Surety Bonds Posted: Tue Mar 12 -- We are a surety bond only brokerage/agency, so bonds are our only business. When assisting clients, what factors help you decide from whom... MNeschke Online Competition Posted: Tue Mar 12 -- D's appreciate your thoughts- certainly something to ponder-- to clarify we are a small - 2 agent no staff office. Our expectations may be... William Graham Non compete lawsuit Posted: Mon Mar 11 -- See an attorney. 25 miles is a little bogus but so is the fact he only 3 commissions...it would be better if he had got no compensation,... OldIndyAgent Insurance Noodle vs. Superior Access vs. Agent Secure Posted: Mon Mar 11 -- Small agencies don't write enough to get direct appointments with most carriers. newportins Reader CommentsStates with More Gun Laws Show Lower Rate of Firearm Fatalities: Study Posted: Thu Mar 7 -- This study offers little relevance because it includes two population segments where one dilutes the results from the other. It would be... Tucc AIG Shareholders Gain Class Action Status in Greenberg's Bailout Suit Posted: Tue Mar 12 -- Why oh why could we not have let this POS company and their greedy POS shareholders fail and go out of business? This whole narrative... Dave St. Louis Company Wins Suit over Bowl-Shaped Chip Posted: Thu Mar 7 -- The litigators must have loved these two companies! Imagine making money by arguing case law over the shape of a chip. Huh! Workplace Bullying Emerging As Major Employment Liability Battleground Posted: Thu Mar 7 -- Unfortunately, there are many "employees" who think it's unfair for them to have to actually work for their paycheck. I can see that type of... jw Texting While Driving Injuries to Rise Despite Bans, Warnings: Study Posted: Mon Mar 11 -- You watch too much Fox News. Politically Free | Subscriber ToolsMore NewslettersMarket DirectoriesNew Insurance JobsHow to AdvertiseFor information about advertising on this newsletter and Insurance Journal magazines, contact Julie Tinney at (800) 897-9965 x148. View our Media Kit for advertising options in our magazines and online properties.
Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2013 by Wells Media Group, Inc. |
Mar 12, 2013
Daily Headlines: Tuesday, March 12, 2013
| March 12, 2013
East New York State Psychiatric Association Files Suit Against UnitedHealthThe New York State Psychiatric Association and consumers with health insurance from UnitedHealth Group Inc on Monday sued the company over ... N.J. Commissioner Commends Banks for Accelerating Payments of Insurance ProceedsNew Jersey's top insurance regulator this week commended the actions of New Jersey community banks, national banks and servicers -- ... Legislators Propose Stretching Out NFIP Rate Hike Timeline to Assist Sandy VictimsA group of U.S. representatives from New York are proposing a bill that would stretch out the National Flood Insurance Program's premium ... GEICO in Maryland Names New Senior Vice PresidentGEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, announced that Seth Ingall has been named senior vice ... Midwest American Westbrook Insurance Services Adds Social Services PracticeAmerican Westbrook Insurance Services LLC, a full-service insurance broker headquartered in Westchester, Ill., announced it has added a ... Report: Michigan School Safety Laws Routinely IgnoredMichigan laws meant to improve safety at schools are routinely ignored and state officials don't know the scope of the problem, according ... Ohio Physician Ordered to Repay $16K-Plus for Workers' Comp FraudA Dayton, Ohio, physician who was banned from treating injured workers in 2009 pleaded guilty to workers' compensation fraud after he was ... CNA's Motamed to Chair 2nd Annual IICF-Midwest Benefit DinnerThomas F. Motamed, chairman and CEO of CNA Financial Corp. will chair the Insurance Industry Charitable Foundation (IICF) - Midwest's 2nd ... Southeast Ex-Bengals Cheerleader Libel Retrial Set for JulyA defamation lawsuit involving a gossip website and a former Cincinnati Bengals cheerleader convicted of having sex with a teenage student ... Kentucky Judges Dismiss Texting While Driving ChargesJefferson County, Kentucky judges have dismissed nearly 40 percent of the texting while driving charges brought under the state's ... Wells Fargo Insurance Names Robertson Director for Atlanta OfficeWells Fargo Insurance has named David Robertson managing director for its Atlanta office. Robertson will lead business development, client ... South Central Finks Joins Texas-Based Roach Howard Smith & BartonBrandon Finks has joined Roach Howard Smith & Barton insurance brokerage firm as a commercial sales executive for property/ casualty ... Suspicious Roofing Claims in Texas Increase 50% Since 2010Long known for its epic weather-related events, a report released today by the National Insurance Crime Bureau indicates that some Texas ... A.M. Best Downgrades National Automotive Insurance Co.A.M. Best Co. has downgraded the financial strength rating to C (Weak) from B (Fair) and issuer credit rating to "ccc" from "bb" of ... West Southern California Jury Awards $8.3M In Hip Implant CaseA jury awarded $8.3 million to a former prison guard who accused Johnson & Johnson's DePuy Orthopaedics subsidiary of knowingly marketing a ... Keshishian Named Regional Sales Director for GUARD in WestGUARD Insurance Group named Steve Keshishian director of regional sales to address recent and planned growth in the West. Keshishian will ... Utah Prepares For Another Busy Wildfire SeasonThe mountains still may be covered in snow, but officials already are preparing for another busy wildfire season in Utah amid growing ... Insurance Veteran Looks to Capitalize on Need for ExperienceLooking back at the beginning of his career in the late 1960s, Steve Stonehouse recalls when there were no perpetuation issues and ... International Carlyle, KKR Among Bidders for Insurer in 'Hot" Thai MarketCarlyle Group LP and KKR & Co. LP are among the bidders to have made first round offers to buy a minority stake in Thai Life Insurance Co. ... Iran's March Crude Exports Fall to Lowest Since Sanctions BeganIran's crude oil exports in March may plunge by a quarter from a month earlier to the lowest since tight Western sanctions came into effect ... Hastings Joins Markel's Professional, Financial Risks Unit; Replaces Retired ArmesJames Hastings has been appointed managing director of Markel International's professional and financial risks division in London. He ... Insurance Journal Blogs AIF Map Confirms Citizens Not the Leading Writer in Most Florida DistrictsThe debate over how to reform Florida's Citizens Property Insurance Corp. has been a years-long and arduous political battle. Despite its ... Join the Insurance Journal NetworkInsurance Journal TV
New Discussions in the ForumsSurety Bonds Posted: Tue Mar 12 -- We are a surety bond only brokerage/agency, so bonds are our only business. When assisting clients, what factors help you decide from whom... MNeschke Online Competition Posted: Tue Mar 12 -- D's appreciate your thoughts- certainly something to ponder-- to clarify we are a small - 2 agent no staff office. Our expectations may be... William Graham Farmers vs. Independent Posted: Tue Mar 12 -- I would like to add to the phrase:"If you want to own an agency the long term vision needs to be..." I would finish the sentence as... lonestar Non compete lawsuit Posted: Mon Mar 11 -- See an attorney. 25 miles is a little bogus but so is the fact he only 3 commissions...it would be better if he had got no compensation,... OldIndyAgent Insurance Noodle vs. Superior Access vs. Agent Secure Posted: Mon Mar 11 -- Small agencies don't write enough to get direct appointments with most carriers. newportins What is your biggest pain as an agent? Posted: Mon Mar 11 -- Definitely the IT component. We're a small biz so that hat falls in our heads and none of us are networking or computer pros. An IT snafu... Courtney Market for GL for metal fabrication manufacturing co Posted: Mon Mar 11 -- If he's making them just for himself, then there are no legalities. If he's making them to give or sell to others, he needs the 07 FFL... Brave21 Reader CommentsStates with More Gun Laws Show Lower Rate of Firearm Fatalities: Study Posted: Thu Mar 7 -- This study offers little relevance because it includes two population segments where one dilutes the results from the other. It would be... Tucc Nevada Measure Would Create Liability For Addictive Drugs Posted: Fri Mar 8 -- Let's look at this from both sides... On one hand it's not a bad idea because it would make doctors actually pay attention to their patients... TN St. Louis Company Wins Suit over Bowl-Shaped Chip Posted: Thu Mar 7 -- The litigators must have loved these two companies! Imagine making money by arguing case law over the shape of a chip. Huh! Alabama Woman Sues Wal-Mart, Alleges Moldy Mr. Goodbar Posted: Tue Mar 5 -- First off, it HAD to taste bad- why continue eating it? Secondly, chocolate rarely 'goes bad'- while it may be stale, the peanuts may have... bela Garagekeepers Sometimes Lags in the Auto Repair Shop Posted: Tue Mar 5 -- As an agent who has been writing Auto Repair shops for many years, I can't tell you how many times I have seen a shop written by someone... Agent | Subscriber ToolsMore NewslettersMarket DirectoriesNew Insurance JobsHow to AdvertiseFor information about advertising on this newsletter and Insurance Journal magazines, contact Julie Tinney at (800) 897-9965 x148. View our Media Kit for advertising options in our magazines and online properties.
Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2013 by Wells Media Group, Inc. |
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Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2013 by Wells Media Group, Inc. |
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