| May 3, 2013
East New York Drop of Damages Claim Against Greenberg Avoids Test of AG's PowerWhen New York Attorney General Eric Schneiderman gave up a claim for damages against former AIG chief Hank Greenberg, he also likely ... Group Says New Maryland Law Slams Door on Rebates by Shady ContractorsMore Maryland homeowners will avoid a costly trap by predatory contractors thanks to a new law, the Washington, D.C.-based Coalition ... N.J. Commissioner: Residents With Unresolved Sandy Claims Can Turn to MediationNew Jersey Department of Banking and Insurance Commissioner Ken Kobylowski said on May 1 that New Jersey residents with unresolved ... Original Ledger Page for Titanic Insurance Policy Sold for $25KThe original ledger page of an insurance policy for the ill-fated Titanic was sold at a New York auction for $25,000. The insurance policy ... 25 New York Gas Stations Settle Post-Sandy Price-Gouging ClaimsTwenty-five gas stations have settled price-gouging claims made against them immediately after Superstorm Sandy hit New York, state ... Midwest USG Adds Olson as Producer/Broker in MinnesotaUSG Insurance Services Inc., a national wholesaler and MGA, has expanded operations in its New Brighton, Minn., office with the addition of ... Ohio Workers' Comp Fund Plans to Return $1 Billion to EmployersOhio's governor and the state workers' compensation fund want to return $1 billion in dividends to Ohio businesses, bolster workplace ... Abused Disabled Iowa Plant Workers Awarded $240MA Texas company has been ordered to pay $240 million in damages to 32 mentally disabled workers who formerly worked at the company's turkey ... Insurer Plans 1,000 More Jobs in Lansing, MichiganBuoyed by a year of record profits, a Michigan insurance company said it is planning a $100 million expansion that could lead to the ... Southeast North Carolina Underreports Workplace Deaths: StudyA study by workplace safety advocates shows that more workers die on the job in North Carolina than the state reports. The Charlotte ... Parents of Deceased Tenn. State Player Sue SchoolThe parents of a Tennessee State football player who died after collapsing during a practice last fall are suing the university for ... South Central Arkansas Doctor Convicted in Bombing Resentenced to LifeA resentencing proceeding for a former doctor convicted in the bombing of the leader of the Arkansas Medical Board left him with his ... Consumer Bill of Rights Would Summarize Oklahoma Insurance LawsAs tornado season intensifies, Oklahoma's top insurance official said he is compiling a consumer bill of rights to let home and car owners ... Texas Agent Association Annual Conference Set for June 26 - 28The Independent Insurance Agents of Texas (IIAT) and its Trusted Choice agencies, insurance representatives and other insurance ... OSU Drops Court Action Over $33M in Insurance Premium PaymentsOklahoma State University has dropped a lawsuit that sought to recover $33 million in premium payments from a program that insured the ... Homeowners not the Only Line of Coverage Affected by Texas WeatherIt's well known that Texas has some of the highest homeowners premiums in the nation -- in large part due to the state's vulnerability to ... West Southern California Wildfire Causes Homes To Be EvacuatedA Southern California wildfire grew to more than 15 square miles and firefighting crews prepared Friday for another bad day of gusting ... Former Colorado Insurance Exec Guilty Of Securities FraudFormer insurance executive Michael Van Gilder has pleaded guilty to securities fraud in an insider-trading case connected to billionaire ... California Lawsuit Claims Lead In Ginger, Plum CandiesCalifornia has filed a lawsuit against Whole Foods, Trader Joe's and other food retailers, manufacturers and distributors, alleging the ... Homeowners Lose Oregon Landslide LawsuitA jury has ruled that Benton County does not have to compensate a Colorado couple who lost their Corvallis-area home to a landslide. The ... Court of Appeal Upholds California Commissioner's Authority in Mercury SuitThe California Court of Appeal upheld a Los Angeles Superior Court ruling on Thursday by dismissing Mercury Insurance Co.'s lawsuit ... International Resort Airports in Stormy Southeast Asia Leave Safety to ChanceIt's the invisible enemy: something all pilots dread as they land at Asia's tropical island resorts. Wind shear - or the sudden change in ... ACE Acquires Mexico Personal Lines Insurer ABA SegurosACE Limited announced that it has completed the acquisition of Mexican personal lines insurer ABA Seguros from Ally Financial Inc. for ... SNL Report: Cat Bond Market Continues to ProgressA report from SNL Financial cites the recent activity in the insurance linked securities (ILS), or "Cat Bond" market is continuing to be an ... XL Group Reports $350.8 Million Q1 Net Income; P&C Combined Ratio 87.7%CEO Mike McGavick seemed quite pleased with XL's results for, the first quarter of 2013. "XL once again delivered solid results -- the kind ... RenaissanceRe Posts $190.5 Million Q1 Net Income; 36.2% Combined RatioBermuda-based RenaissanceRe Holdings Ltd. reported net income available to common shareholders of $190.5 million or $4.23 per diluted ... Endurance Reports $92.1 Million Q1 Net Income; 85% Combined RatioBermuda-based Endurance Specialty Holdings Ltd. reported net income available to common shareholders of $92.1 million and $2.13 per diluted ... Ratings Roundup: of Boubyan Takaful, National GeneralA.M. Best Europe - Rating Services Limited has revised the outlook to stable from positive and affirmed the financial strength rating of ... Join the Insurance Journal NetworkInsurance Journal TV
New Discussions in the ForumsCA-Sales of defibrillators & CPR Training Posted: Thu May 2 -- Not a BOP, but BOPs don't have the Professional they need. Northfield Insurance Co. will do a GL and Professional in a single package for a... BKCPCU Insurance Noodle vs. Superior Access vs. Agent Secure Posted: Thu May 2 -- They have a lot of names within the P&C world: Agency Networks, Agency Groups, Clusters, Premium Aggregators, Agency Franchises, etc. They... El Phil What is your biggest pain as an agent? Posted: Wed May 1 -- Right now my biggest pain is customer service. Its hard to sell, market and service as a one man shop. It never seems like there is enough... shiftins Long haul trucking- CA Posted: Wed May 1 -- Hi I work for a PA and I'm the underwriter for our stand-alone Auto program. I acn't do long-haul but I can do other for hire risks. Feel... tanya01 Non Standard Farm/Ranch account Posted: Wed Apr 24 -- What are the codes and the premium? I just quoted a restoration company with similar issues and a 2.37 x-mod with a PEO. What should have... Chad Filley Reader CommentsTexas AG: Same-Sex Marriage Benefits Unconstitutional for Public Entities Posted: Wed May 1 -- Boo! Boo! Boo Abbot and Patrick! So, if 75% of voters said they wanted witches burned at the stake, would you take up a search and commence... Captain Planet Administration Shortens Health Care Application Posted: Wed May 1 -- "The health care questions will disappear, but they'll be replaced by questions about your income." New "simplified" application - 4... wvagt Experts Weigh Boston Bombings' Impact on Government-Backed Terrorism Insurance Posted: Tue Apr 30 -- "Under TRIA, an event cannot be considered as a terrorist act unless the U.S. Treasury secretary, the secretary of state and U.S. attorney... Dave West Explosion Insured Losses Hit $100M Posted: Fri Apr 26 -- Dang...how can someone "Dislike" Captain Planets comments??? I swear if he commented "kittens are cute" or "the sky is blue" you guys would... Questionning Most-Used Excuses for Getting Out of Traffic Tickets: Survey Posted: Mon Apr 29 -- I'm trying to save the world and Duke Nukem took away my ability to fly. Captain Planet | Subscriber ToolsCurrent IssueMore 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. |
May 3, 2013
Daily Headlines: Friday, May 3, 2013
May 2, 2013
Daily Headlines: Thursday, May 2, 2013
| May 2, 2013
East Prosthetics Industry Group Pledges to Assist Boston Bombing AmputeesA prosthetics industry group has pledged to provide artificial limbs at no cost to Boston bombing victims who may require prosthetics in ... Delaware Police Issue 2,000 Distracted Driving TicketsPolice in Delaware issued more than 2,000 tickets to drivers in a crackdown on using handheld cellphones behind the wheel. The Department ... Crackdown on Mass. Auto Insurance Fraud Leads to Big Savings: ReportA crackdown on auto insurance fraud in Lawrence, Mass., prompted by the death 10 years ago of a great-grandmother in a staged accident has ... Midwest Debate Stalls on Missouri Malpractice Liability Limits LegislationAn effort to reinstate Missouri's cap on noneconomic damages in medical malpractice lawsuits stumbled on April 30 in the state Senate. ... Amerisure Names Dennis Assistant VP of ClaimsFarmington Hills, Mich.-based Amerisure Mutual Insurance Co. has appointed Bill Dennis as assistant vice president of Claims. Dennis will ... Economic Survey Index: Growth Slows in Midwest, Plains StatesA monthly economic survey index for nine Midwest and Plains states dipped for the second consecutive month in April, but the survey's ... Keystone Insurers Group to Expand into IllinoisProperty and casualty insurance franchisor, Keystone Insurers Group, announced it will begin adding partner agencies in Illinois during the ... Southeast Florida Approves Cap on Physician-Dispensed Drugs for Workers' CompensationAfter years of struggling to rein in the cost of physician-dispensed drugs, Florida workers' compensation insurers finally reached a ... Florida Medical Malpractice Bill Fate UncertainThe Florida House this took up a bill that critics say would make it harder to pursue medical malpractice claims. But the bill also had ... Florida Lawmakers Advance Texting While Driving BillThe Florida House has passed its version of a statewide ban on texting while driving, but the proposal's fate is uncertain. The House ... South Central Oklahoma Senate Sends Workers' Comp Bill to GovernorThe Oklahoma Senate has approved a Republican-backed plan to overhaul the state's workers' compensation system and to cut more than $100 ... Oklahoma Governor Signs Uninsured Motorist BillStarting November 1, law enforcement officers will be able to remove the tags of uninsured vehicles in Oklahoma, the state insurance ... Authorities Aim to Finish Texas Blast Probe by May 10An investigation should be finished within the next two weeks into what caused a massive explosion at a Texas fertilizer plant that killed ... 20 Texas Students Receive Insurance Education ScholarshipsTwenty insurance and risk management students at five Texas universities were recently awarded a total of $23,000 in academic scholarships ... West New Mexico Applebee's Sued Over Drunk Pedestrian's DeathA Taos, N.M. restaurant is facing a lawsuit over allegations that it overserved a pedestrian who was struck and killed by a pickup. The ... California Coffee Drinker, Safeway Settle Kona Coffee LawsuitSafeway Inc. and a California coffee drinker have agreed to settle a lawsuit claiming Safeway committed fraud by selling coffee labeled as ... Oregon House Passes Immigrant Driver's Card BillTens of thousands of immigrants living in Oregon without legal permission will be able to get four-year driver's licenses starting Jan. 1 ... Lawsuit Accuses Nevada Police Of DiscriminationAn Elko, Nev. police officer claims she was forced to resign after three months on the job because of a hostile work environment. Cassandra ... Arizona Third State to Allow Posting Policies OnlineArizona Gov. Jan Brewer signed a bill that allows a property/casualty insurer to post policies online and send a link via email to ... International EU Considering Action; Pope Comments after Bangladesh Building DisasterThe European Union is considering trade action against Bangladesh, which has preferential access to EU markets for its garments, to ... Swiss Re Reports $1.4 Billion Q1 Net Income; Combined Ratio of 72.4%Swiss Re's earnings report reflected the lack of significant catastrophe events in the first quarter of 2013, which, except for the nasty ... RSA Posts 7% Premium Growth in Q1 2013; Net Asset Value up 5%UK-based RSA reported an "encouraging start" for 2013 in its Interim Management Statement with premium growth in the first quarter of the ... AJ Gallagher Acquires UK's Property & Commercial LimitedArthur J. Gallagher announced the acquisition of UK-based Property & Commercial Limited from Barbon Insurance Group. Terms of the ... Sponsored Content Farewell to our Friend and Colleague, Brad Wolf of InterWest Insurance ServicesBradley Michael Wolf 3/27/1979 - 4/26/2013 Sacramento, CA, 05/02/13 - On April 26, 2013 the insurance industry lost one of the most ... Join the Insurance Journal NetworkInsurance Journal TV
New Discussions in the ForumsInsurance Noodle vs. Superior Access vs. Agent Secure Posted: Thu May 2 -- They have a lot of names within the P&C world: Agency Networks, Agency Groups, Clusters, Premium Aggregators, Agency Franchises, etc. They... El Phil Better Comparative Rater than FSC? Posted: Wed May 1 -- I am an indy broker in California who is currently using FSC Rater. I have quite a few issues with FSC my major one being that you cannot... shiftins What is your biggest pain as an agent? Posted: Wed May 1 -- Right now my biggest pain is customer service. Its hard to sell, market and service as a one man shop. It never seems like there is enough... shiftins CA-Sales of defibrillators & CPR Training Posted: Wed May 1 -- Market(s) for WC & BOP for 1 office, 5 employees $1MM ann. rev. for company that provides CPR training, sales and consulting of... Buttonwillow Long haul trucking- CA Posted: Wed May 1 -- Hi I work for a PA and I'm the underwriter for our stand-alone Auto program. I acn't do long-haul but I can do other for hire risks. Feel... tanya01 Non Standard Farm/Ranch account Posted: Wed Apr 24 -- What are the codes and the premium? I just quoted a restoration company with similar issues and a 2.37 x-mod with a PEO. What should have... Chad Filley Reader CommentsU.S. Expected to Seek Limits on Car Touchscreens Posted: Thu Apr 25 -- I think cars should be updated with a version of Apple's Siri or similar software with voice recognition. That way, when I get road rage and... reality bites Experts Weigh Boston Bombings' Impact on Government-Backed Terrorism Insurance Posted: Tue Apr 30 -- "Under TRIA, an event cannot be considered as a terrorist act unless the U.S. Treasury secretary, the secretary of state and U.S. attorney... Dave Texas AG: Same-Sex Marriage Benefits Unconstitutional for Public Entities Posted: Wed May 1 -- Boo! Boo! Boo Abbot and Patrick! So, if 75% of voters said they wanted witches burned at the stake, would you take up a search and commence... Captain Planet West Explosion Insured Losses Hit $100M Posted: Fri Apr 26 -- Dang...how can someone "Dislike" Captain Planets comments??? I swear if he commented "kittens are cute" or "the sky is blue" you guys would... Questionning Administration Shortens Health Care Application Posted: Wed May 1 -- "The health care questions will disappear, but they'll be replaced by questions about your income." New "simplified" application - 4... wvagt | Subscriber ToolsCurrent IssueMore 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. |
May 1, 2013
Daily Headlines: Wednesday, May 1, 2013
| May 1, 2013
East Key Figures on Superstorm Sandy, 6 Months LaterSuperstorm Sandy, a hybrid of a hurricane and two cold-weather systems, struck six months ago on Oct. 29, concentrating most of its fury on ... Confie Seguros Acquires Capital Insurance Agency in New JerseyHispanic market-focused insurance agency network Confie Seguros announced the acquisition of Capital Insurance Agency of Trenton, N.J. ... Massachusetts AG Announces $200K Settlement With Safety Insurance Co.Auto insurer Safety Insurance Co. agreed to pay more than $200,000 to settle allegations that it overcharged hundreds of inexperienced ... Maryland Consumer Advisory Explains Basics of Umbrella InsuranceThe Maryland Insurance Administration on Tuesday issued a consumer advisory explaining the basics of umbrella insurance and how consumers ... Midwest Exxon Confirms Oil Spill in MissouriExxon Mobil confirmed on Wednesday that an oil spill occurred Tuesday on its Pegasus crude pipeline in Ripley County, Missouri, the same ... Weather Service Drops Fargo, North Dakota Flood Prediction AgainA Red River flood that a week ago was predicted to challenge the record is now unlikely to reach the 100,000-plus sandbags and the miles of ... Indianapolis Officer Charged with 2nd DWI CrashA suspended Indianapolis police officer awaiting trial on charges he caused a fatal 2010 collision had a blood-alcohol level nearly three ... Tainted Illinois Well Water Case Ends in Guilty VerdictAfter a former suburban Chicago water official was convicted on April 29 for lying about secretly mixing carcinogen-tainted well water into ... Southeast Miners' Union Takes Unusual Legal Turn to Save Benefits in BankruptcyAs mineworkers and retirees battle to salvage their pensions and benefits from the bankruptcy of Patriot Coal Corp., lawyers for their ... South Carolina Drivers Get a Cost BreakThe cost of driving in South Carolina is down for the first time in four years. AAA Carolinas announced that it will cost the driver of an ... South Central Senate Panel to Investigate Texas Fertilizer Plant ExplosionU.S. Senator Barbara Boxer said on Tuesday she plans to investigate the explosion at a Texas fertilizer plant earlier this month that ... Texas Chiropractic Clinic Owner Convicted of $3M Auto Insurance FraudThe owner of a now defunct chiropractic clinic in Bryan has pleaded guilty to engaging in a conspiracy to defraud various automobile ... Texas AG: Same-Sex Marriage Benefits Unconstitutional for Public EntitiesLocal governments and school districts that offer marriage benefits to same-sex partners are violating the state constitution, Texas ... Louisiana's Ag Economy Hits Record $11.4B in 2012The LSU AgCenter says high prices and record yields for corn and soybeans drove Louisiana's agricultural economy to a record high of $11.4 ... West California Woman Accused of Poisoning Juice At StarbucksA northern California woman has been arrested on suspicion of spiking orange juice bottles with a deadly dose of rubbing alcohol and ... Study: Utah Health Breach Could Approach $406MA 2012 security breach that exposed the personal information of 780,000 Utah residents to hackers could cost as much as $406 million, a new ... California Ranger Files Lawsuit For $1M Dorner RewardA camp ranger whose truck was taken by Christopher Dorner filed a lawsuit Monday for the $1 million reward offered for information leading ... Mistake Made Handling Colorado Waldo Canyon Fire ReportA dispatcher made a mistake when she failed to relay a 911 call about a wildfire hours before it roared out of control, but no one knows if ... Montana Governor Signs Law to Crack Down On Drunken DrivingMontana Gov. Steve Bullock has signed into law a measure that will allow judges to look back 10 years to add penalties for multiple ... Wyoming Serves Casper With Notice Over AsbestosMontana officials have served the city of Casper and a contractor with notices alleging they failed to fully test for asbestos before ... International Western Retailers to Compensate Victims of Bangladesh Building DisasterTwo Western retailers have promised to compensate families of garment workers killed while making their clothes in a Bangladesh factory ... EU to Ban Neonicotinoid Pesticides Blamed for Harming BeesThe European Union will ban three of the world's most widely-used pesticides for two years because of fears they are linked to a plunge in ... Willis Reports Q1 Organic Growth in Commissions and FeesGlobal broker Willis Group Holdings plc reported results for the three months ended March 31, 2013, noting the following financial ... Ebix Europe to Provide Tech Services for Ropner Insurance ServicesEbix Europe, a subsidiary of Atlanta-based Ebix, Inc., which provides global insurance trading platforms and messaging products, has been ... Join the Insurance Journal NetworkInsurance Journal TV
New Discussions in the ForumsLong haul trucking- CA Posted: Wed May 1 -- Can anyone point me to some carriers that write short/long haul trucking for hire policies in CA? We only have Scottsdale available and... dgarzoli What is your biggest pain as an agent? Posted: Wed May 1 -- How about having to call customer service everyday to correct endorsements that weren't processed and errors with billing by carriers...... dcamp Agency Management System Posted: Tue Apr 30 -- Talk with John Fear at QQ Solutions. He is a sales guy for them and has been in the industry for over 20 years on both te agency and carrier... aem84 Non Standard Farm/Ranch account Posted: Wed Apr 24 -- What are the codes and the premium? I just quoted a restoration company with similar issues and a 2.37 x-mod with a PEO. What should have... Chad Filley Insurance Noodle vs. Superior Access vs. Agent Secure Posted: Mon Apr 22 -- mdagent, Superior Access and Consolidated are General Agents that submit your information to the respective companies for a quote. Then,... ziiqui Paperless Environment Posted: Tue Apr 16 -- I completely agree with Island Girl. We started going paperless 6 years ago. The first year was a royal pain with the initial scanning but... justthere Business Loss - Travel Insurance Posted: Tue Apr 16 -- This is true. However, most people do not realize that major credit card companies also provide insurance for lost or damaged goods while... chad37 Reader CommentsDeal OK'd in Muslims' False Advertisement Suit Against McDonald's Posted: Wed Apr 24 -- Like the McDonald's "hot coffee" case (where McDonalds was knowingly and continually burning customers...and doing nothing to correct their... insurance is fun! U.S. Expected to Seek Limits on Car Touchscreens Posted: Thu Apr 25 -- I think cars should be updated with a version of Apple's Siri or similar software with voice recognition. That way, when I get road rage and... reality bites Oklahoma House Kills Texting and Driving Ban Again Posted: Thu Apr 25 -- What part of dangerous driving activity do these pinhead house members not understand? The cell addicts are pretty powerful in Texas as... Agent Most-Used Excuses for Getting Out of Traffic Tickets: Survey Posted: Mon Apr 29 -- I'm trying to save the world and Duke Nukem took away my ability to fly. Captain Planet 2 Judges Consider State Farm Rates in Texas Posted: Fri Apr 26 -- As I recall, State Farm had a lot of litigation some years ago when they failed to roll back rates after the mold crisis when the other... Agent | Subscriber ToolsCurrent IssueMore 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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