Daily Headlines: Tuesday, July 2, 2013

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July 2, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Drugmakers Work on Safer Painkillers as Opioid Abuse Epidemic Rages Backed by a U.S. campaign to slow abuse of prescription painkillers, drugmakers are devising new forms of the medicines that don't lead to ... U.S. Property Cat Re Prices Down, Casualty Softening: Willis Re Reinsurers are taking "robust defensive measures to maintain market positions recently eroded by new capital markets entrants," with prices ... U.S. Fights Growing Wildfire Threat with Shrinking Budget The tragedy came without warning. Wind split the Arizona wildfire in two, trapping 19 firefighters from the Granite Mountain Hotshots ... AXIS Names Pesce Director for Surety in U.S. Bermuda-based specialty lines in surer AXIS Capital Holdings Limited has named David Pesce as director of Surety for AXIS Insurance. He ... Willis Group Promotes Jones to CEO of North America Unit Insurance broker Willis Group Holdings plc promoted Todd Jones to chief executive officer of Willis North America, the company's largest ... Assurant Finalizes 2013 P/C Reinsurance Program Assurant, Inc., a provider of specialized insurance and insurance-related products and services, has finalized the structure of the ... EPLI in Southern California Playing "Hard" to Get Employment practices in California is a known and growing concern for insurers, agents and employers, and that concern has some carriers... Executive Comp Disclosures: Are Mutual Insurers Next? Mutual insurance carriers have not been totally immune from pressures to clearly disclose details of their executive... More National News East Gov. Cuomo Requests Disaster Declaration for NYS After Mohawk River Flooding New York Governor Andrew Cuomo on Monday formally requested that President Obama issue a major disaster declaration for the State of New ... Erie Insurance Announces Property Development Plan for Downtown Erie, Penn. Erie Insurance announced Monday that beginning this summer, the company will begin development of several properties that it recently ... Newtown Struggling to Divvy Up Donations for Sandy Hook Shooting Victims More than six months after losing their loved ones in the shooting at Sandy Hook Elementary School, families say dealing with questions ... PURE Insurance Appoints Chief Counsel, Chief Actuary Privilege Underwriters Inc., the holding company of the PURE Group of Insurance Companies in White Plains, N.Y., has named Steven Oakley as ... New Jersey Captive Insurance Association Appoints Executive Director New Jersey Captive Insurance Association announced the appointment of Shiela Small as its executive director. She will lead the ... More East News Midwest Grand General Agency Adds Marketing Professional for Wisconsin, Minnesota Grandville, Mich-based Grand General Agency has welcomed Marva Wrightsman to its marketing team. She will be working with independent ... Ohio Insurer Expands to Dayton A western Ohio insurance company's expansion should mean about 200 jobs for Dayton. Springfield-based Assurant Special Property plans to ... South Dakota Law Bars Young Drivers from Using Cell Phones A new South Dakota law prohibits beginning drivers from using cell phones while they are behind the wheel. South Dakota allows 14-year-olds ... More Midwest News Southeast Trial Attorneys Challenge Florida's Medical Malpractice Law Florida trial attorneys filed five lawsuits against health care providers challenging a state law that imposes new restrictions on medical ... Lawyers Feast on 'Crazy' BP Gulf Oil Spill Claims Until this year, Tampa attorney Kevin McLean specialized in suing nursing homes for neglecting patients. In January he switched the focus ... Haslam Names Hudgens to Head Tennessee's New Injured Workers' Division Republican Gov. Bill Haslam has named Abbie Hudgens as the head of the state's new Workers' Compensation Division. Hudgens, who had already ... More Southeast News South Central MHBT's Henry Named Top Insurance Agent in Texas The Independent Insurance Agents of Texas (IIAT) announced that Dallas independent insurance agent Bill Henry, chairman and CEO of MHBT ... Study: Red-Light Cameras Reduce Crashes in Baton Rouge It's been five years since Baton Rouge launched a traffic light camera program, and data released recently shows drops in both traffic ... Interest in Storm Shelters Rising in Texas Panhandle In a region that frequently sees tornadoes, Texas Panhandle residents are considering storm shelters and other tools to stay safe in a ... More South Central News West Corelogic in Southern California Buying Marshall & Swift/Boeckh Real estate data provider CoreLogic is buying Marshall & Swift/Boeckh and DataQuick Information Solutions for $661 million, helping to ... Montana State University: Employee Social Security numbers at risk The Social Security numbers of about 4,500 past and present Montana State University employees may have been accessible to others because ... System Planned to Warn Montana Motorists Of Dust Storms State and local officials have developed a plan to warn motorists on Interstate 15 in Montana of blinding dust storms caused by white ... California's Low Cost Auto Insurance Program Reduces Rates The California Department of Insurance (CDI) is reducing rates for the California Low Cost Auto Insurance Program (CLCA) for the second ... The Buckner Co. Taps Robbins in Utah Merrilee Robbins was named senior account executive in The Buckner Co.'s trucking insurance division. Robbins will work from the firm's ... Cardoso Joins the Leavitt Group in Northern California The Leavitt Group's Concord, Calif. office named Paul Cardoso as an account executive in the employee benefits division. Cardoso comes has ... More West News International Security Analysts Warn About Terrorism Risk After Fukushima Meltdown Japan's Fukushima Dai-Ichi nuclear plant, whose 2011 meltdowns dislocated 160,000 people, may provide a new blueprint for terrorists ... New El Nino Warnings Could Help Farmers Withstand Drought, Floods Scientists have found a way to forecast El Nino weather events in the Pacific a year in advance, long enough to let farmers plant crops ... Markel Promotes Richardson to European Retail Claims Manager London-based specialty insurer Markel International Limited has appointed Mike Richardson as European retail claims manager. Previously ... More International News Sponsored Content Timothy Martin Joins Morstan General Agency, Inc. as Senior VP of Field Operations Manhasset, NY, 7/2/13 - Morstan General Agency, Inc. announces the hiring of Timothy P. Martin as Senior Vice President - Field ... Research Shows Impact of Customer Engagement, click here to watch the video now! Sponsored by KBM Group. More Sponsored Content Insurance Journal Blogs Attention Agencies: Swing Your Attention on Over to Vine This post is part of a series on insurance marketing and training sponsored by Astonish. Aaaaaah! Nope, that is not the call of Tarzan that ... More Blogs Join the Insurance Journal Network Insurance Journal TV Geneva Association's Secretary General John Fitzpatrick on Systemic Risks, Nat Cats, ILS and Cyber Risks The Geneva Association's studies and reports are now an important part of the dialogue between... Watch Now The Good and the Bad: Healthcare Reform and Medical Liability The Patient's Protection and Affordable Care Act (ACA) has very little to do with the medical... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums 1st Year as a Producer Stories Posted: Tue Jul 2 -- Ha ha that is great! Thank you for sharing. californiadude National Agents Alliance? Legit or Keep Away? Posted: Tue Jul 2 -- I've been with NAA for about a year, but I knew what I was getting into when I joined. I don't buy a lot of leads, but I'm mostly in it for... 92builder Workers Comp (Ca) Auto Repair with large loss Posted: Mon Jul 1 -- Hi Paul, I may have a solution for you other than SCIF. Feel free to contact me direct. Gino Saracho National PEO Brokers 4356 Lindsey... gsaracho non compete clause Posted: Mon Jul 1 -- I would not solicit anyone that you had on the books for one year. If family and friends do not wish to be with him and ASK YOU to write... 92builder Question regarding my universal life insurance policy ! Posted: Sun Jun 30 -- Great responses. It's clear we've all seen this before. The problem I've seen with UL policies is that the client goes for that low premium... 92builder Agency Management System Posted: Wed Jun 26 -- I am an agent doing primarily commercial auto and trucking. We are using a system called NowCerts.com We love it. Mainly because it costs us... RigQuote New independent agency Posted: Tue Jun 25 -- E&O was the hardest thing for me to do as a start up (besides appointments). It can cost a new agency like $2000+ I say start looking there. shiftins How to obtain release of liablity Posted: Fri Jun 21 -- what type of liability you are talking about? auto, home insurance? Remove her from your policy since you divorced and let her to get her... pecosins brokers with access to trucking insurance? Posted: Thu Jun 20 -- I have markets that can write the gl and comp. Can write a 3yr. guaranteed policy on the work comp CYNTHIA CPRO Go to Forums Reader Comments Supreme Court Limits Workplace Harassment, Retaliation Claims Posted: Wed Jun 26 -- Biker: I humbly disagree with you on the latter part of your post. There is indeed a shortage of women in these roles considering the number... Libby Hobby Lobby Wins Round in Fight Against Contraceptive Coverage Posted: Fri Jun 28 -- Good grief! What's next? Sam Walton goes to church so Walmart is exempt? These two companies, Hobby Lobby and Mardel, are for-profit... Libby Wal-Mart, Gap, Other U.S. Brands Ready $50M Bangladesh Safety Fund: WSJ Posted: Thu Jun 27 -- Does Wal-mart and these other companies own these foreign factories? If so, they have an obligation to keep them safe. If they do not and... Baxtor States Brace for Web Barrage When Obamacare Goes Live Oct. 1 Posted: Mon Jul 1 -- Nancy Pelosi: "We have to pass the bill before you can know what's in the bill." How true, how true! Dave Senate Leader Reid Rules Out Extending Current Farm Law Posted: Tue Jun 25 -- Another Congressional pissing match with the American people stuck in the middle. Libby Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue July 1, 2013 The Disaster Issue: Flood, Earthquake, Windstorm, Terrorism, Cyber Attack & More; Commercial Auto (Including Taxis, Limos & Fleets); Digital Product Guide; Bonus: The Florida Issue (Special Supplement) More Newsletters Choose Newsletters Daily Headlines Weekly Reader Picks Magazine Update Insurance Journal TV Classifieds Breaking News MyNewMarkets Daily Claims Daily Enter Your E-mail Market Directories Excess & Surplus Markets Programs Workers' Comp Markets New Insurance Jobs Vice President Commercial Property and Casualty Director - Risk Services Chief Financial Officer Chief Financial Officer Have a job opening? List it on our Web site. 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. Subscribe | Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2013 by Wells Media Group, Inc.

Insurance Journal TV: New Technology Leads to New Risks for Insurance Industry

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July 2, 2013 Feature Video New Technology Leads to New Risks for Insurance Industry Technology has changed the business and insurance world significantly over the last 20 years and companies today have a lot more power and a lot more exposure, says Graeme Newman,... Watch Now Popular Videos How Carriers, Agents Can Adapt As Small Commercial Buyers Move Online DIMA's CEO Examines Ireland's Links to Re/Insurance and Europe More Insurance Videos Watch InsuranceJournal.tv Subscribe to our iTunes Channel Subscribe | Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2013 by Wells Media Group, Inc.

Daily Headlines: Monday, July 1, 2013

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July 1, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National States Brace for Web Barrage When Obamacare Goes Live Oct. 1 About 550,000 people in Oregon do not have health insurance, and Aaron Karjala is confident the state's new online insurance exchange will ... Progressive to License Usage-Based Pricing Tool to USAA Progressive Corp., the fourth-largest U.S. auto insurer, agreed to license its usage-based pricing technology to United Services Automobile ... CoreLogic to Buy Marshall & Swift/Boeckh, DataQuick for $661 Million CoreLogic Inc. agreed to buy three real estate data companies from TPG Capital's Decision Insight Information Group for $661 million to ... Court Dismisses Class Action Status in Google Digital Books Case for Now A federal appeals court on Monday said a lawsuit against Google Inc.'s effort to create the world's largest digital books library should ... Dixon, Feinberg to Head New RAND Catastrophe Research Center The RAND Corp. is launching a new research center that will analyze different approaches to compensating individuals, businesses and others ... Brown & Brown Completes Beecher Carlson Acquisition Brown & Brown Inc. said it has completed the previously-announced acquisition of Beecher Carlson Holdings Inc. In May, Florida-based Brown ... Holborn Buys Ownership Stake in Stonybrook Capital New York-based reinsurance broker Holborn Corp. has acquired an ownership stake in Stonybrook Capital LLC, an investment banking advisor ... GEICO Names Roberts President, Chief Operating Officer Bill Roberts has been named president and chief operating officer of GEICO, the giant insurer said. Tony Nicely will continue to serve as ... EPLI in Southern California Playing "Hard" to Get Employment practices in California is a known and growing concern for insurers, agents and employers, and that concern has some carriers... 21 P/C Insolvencies In 2012: A.M. Best Rating agency A.M. Best released its annual tally of U.S. property/casualty industry financial impairments yesterday,... More National News East N.Y. Regulator Examining Non-U.S. Reinsurers Over Potential Iran Links: WSJ New York State's top financial and insurance regulator is examining international reinsurance companies after discovering evidence that at ... Confie Seguros Acquires CW Baker, Lewiston Insurance Agencies in New York Hispanic market-focused insurance agency network Confie Seguros announced the acquisition of CW Baker Insurance Agency and Lewiston ... N.Y. Senator Gillibrand to FEMA: Review Flood Insurance Rules U.S. Sen. Kirsten Gillibrand (D-N.Y.) has asked the Federal Emergency Management Agency to review rules that resulted in insurance coverage ... Liberty Mutual Names VP of Federal Affairs in Washington, D.C. Liberty Mutual Insurance recently announced S. Colin Dowling will lead the company's public affairs office in Washington, D.C., as vice ... More East News Midwest Founder of Kansas-based Brooke Corp. Pleads Guilty The founder of failed Kansas-based insurance franchising business Brooke Corp. has pleaded guilty to providing misleading information in a ... 60 Patients of Indiana Nose Doc to Be Compensated The final 60 patients who have pending medical malpractice claims against a former northwestern Indiana nose surgeon who disappeared while ... Michigan Ban on Domestic Partner Benefits Blocked A federal judge has blocked Michigan's ban on domestic partner benefits for employees who work for public schools or local governments, ... Report Recommends Changes at South Dakota Division of Insurance A department secretary's report on the South Dakota Division of Insurance is recommending increased oversight from supervisors and the ... More Midwest News Southeast Insurers Can't Require Examinations Under Oath in Pre-2012 PIP Claims: Florida Court The Florida Supreme Court ruled that prior to a 2012 state law, auto insurer Geico didn't have the right to force a policyholder to answer ... How Alabama County's $4.2B Bankruptcy Plan Affects Insurers, Other Debtholders Jefferson County, Alabama, filed a plan to end the biggest U.S. municipal bankruptcy later this year by cutting $1.2 billion in principal ... West Virginia Property Insurance Stable Despite 2012 Storm Payouts West Virginia property owners in general didn't see a huge uptick in insurance premiums after making claims from last summer's massive ... Florida Extends Fast-Track Policy Form Approval Until Year-End Florida regulators, citing a backlog in property/casualty form filings and the need to train new staff, have extended a fast-track approval ... More Southeast News South Central New CEO Named for Louisiana's Insurer of Last Resort The state's insurance commissioner has named a new chief executive to run Louisiana Citizens Property Insurance Corp., the state-run ... Oklahoma Lawmakers Seek to Increase Looting Penalties Reports of dozens of arrests of suspected looters in tornado-ravaged areas of central Oklahoma prompted several legislators to call for ... Whitaker Elected Chair of Independent Insurance Agents of Texas The Independent Insurance Agents of Texas (IIAT) elected Don Whitaker, president and owner of Whitaker Insurance Associates Inc. in San ... Reports: ExxonMobile Arkansas Pipeline Had Past Minor Leaks Federal agency accident records show that the ExxonMobil pipeline that spilled thousands of gallons of oil near Little Rock, Ark.., in ... More South Central News West Arizona Wildfire Takes Lives of 19 Elite Firefighters An elite team of 19 firemen were killed on Sunday in one of deadliest U.S. firefighting disasters in decades as flames raced through dry ... Study: 290,000 Idaho Jobs to Be Available By 2020 Nearly 290,000 jobs will become available in Idaho by 2020, a new study says. Georgetown University's Center for Education and the ... Oregon Drought Makes Firefighters Nervous Firefighters are nervous, and ranchers and farmers are hurting as Malheur County enters summer in drought. Gov. John Kitzhaber has issued ... San Francisco Bay Area Car Rental Startup Faces Lawsuit Out of a tiny, green shack on a parking lot in an industrial area south of San Francisco International Airport, three teenagers are trying ... Monarch Names McLeod Vice President in Southern California La Crescenta, Calif.-based Monarch E & S Insurance named Stefanie McLeod assistant vice president of personal lines heading up the personal ... More West News International China Expands System to Track Food Shipments China is expanding a pilot system that tracks the movement of meat and vegetables to the supermarket shelf as part of efforts to tighten ... Australian Insurance Broker Network Plans Nation's Biggest IPO Since 2010 Steadfast Group Ltd., Australia's largest network of insurance brokers, plans to raise as much as A$562.8 million ($515 million) in the ... More International News Sponsored Content Marni Wood Joins iUnlimited Investigative Services as a California Senior Claims Consultant Sacramento, CA, 7/1/13 - iUnlimited announced today that Marni Wood joined the iUnlimited Investigative Services team serving the Northern ... Research Shows Impact of Customer Engagement, click here to watch the video now! Sponsored by KBM Group. More Sponsored Content Join the Insurance Journal Network Insurance Journal TV Geneva Association's Secretary General John Fitzpatrick on Systemic Risks, Nat Cats, ILS and Cyber Risks The Geneva Association's studies and reports are now an important part of the dialogue between... Watch Now The Good and the Bad: Healthcare Reform and Medical Liability The Patient's Protection and Affordable Care Act (ACA) has very little to do with the medical... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums non compete clause Posted: Mon Jul 1 -- I would not solicit anyone that you had on the books for one year. If family and friends do not wish to be with him and ASK YOU to write... 92builder Question regarding my universal life insurance policy ! Posted: Sun Jun 30 -- Great responses. It's clear we've all seen this before. The problem I've seen with UL policies is that the client goes for that low premium... 92builder Agency Management System Posted: Wed Jun 26 -- I am an agent doing primarily commercial auto and trucking. We are using a system called NowCerts.com We love it. Mainly because it costs us... RigQuote New independent agency Posted: Tue Jun 25 -- E&O was the hardest thing for me to do as a start up (besides appointments). It can cost a new agency like $2000+ I say start looking there. shiftins How to obtain release of liablity Posted: Fri Jun 21 -- what type of liability you are talking about? auto, home insurance? Remove her from your policy since you divorced and let her to get her... pecosins brokers with access to trucking insurance? Posted: Thu Jun 20 -- I have markets that can write the gl and comp. Can write a 3yr. guaranteed policy on the work comp CYNTHIA CPRO Workers Comp (Ca) Auto Repair with large loss Posted: Thu Jun 20 -- Dear Paul, I have markets that would possibly quote your insured. The minimum premium with all our markets is 15,000. If you are interested... CYNTHIA CPRO Texas Commercial Auto Posted: Thu Jun 20 -- Looking for a home for hard to place commercial auto. Client is a Realtor and wants to purchase a boxvan and put their logo on the unit with... JohnnyLaw Ohio Looking for a market, 8 Trucks pulling RVs Posted: Wed Jun 19 -- You may wish to try Nationwide or Victoria Insurance; both write standard & non-standard commercial transportation. insurancepro2 Go to Forums Reader Comments Supreme Court Limits Workplace Harassment, Retaliation Claims Posted: Wed Jun 26 -- Biker: I humbly disagree with you on the latter part of your post. There is indeed a shortage of women in these roles considering the number... Libby Obama Administration Issues Contraceptive Rule For Faith-Based Employers Posted: Fri Jun 28 -- Separate payments from their insurance carrier? What is that supposed to mean? Is this so the employer can keep track of who is using... Libby Hobby Lobby Wins Round in Fight Against Contraceptive Coverage Posted: Fri Jun 28 -- Good grief! What's next? Sam Walton goes to church so Walmart is exempt? These two companies, Hobby Lobby and Mardel, are for-profit... Libby Wal-Mart, Gap, Other U.S. Brands Ready $50M Bangladesh Safety Fund: WSJ Posted: Thu Jun 27 -- Does Wal-mart and these other companies own these foreign factories? If so, they have an obligation to keep them safe. If they do not and... Baxtor Oregon Sued Over Foster Abuse In Salem Home Posted: Wed Jun 26 -- And if these attorneys were REALLY concerned about their clients, they'd take a base fee so most of the potential award actually goes to the... Scott Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue July 1, 2013 The Disaster Issue: Flood, Earthquake, Windstorm, Terrorism, Cyber Attack & More; Commercial Auto (Including Taxis, Limos & Fleets); Digital Product Guide; Bonus: The Florida Issue (Special Supplement) More Newsletters Choose Newsletters Daily Headlines Weekly Reader Picks Magazine Update Insurance Journal TV Classifieds Breaking News MyNewMarkets Daily Claims Daily Enter Your E-mail Market Directories Excess & Surplus Markets Programs Workers' Comp Markets New Insurance Jobs Chief Financial Officer Chief Financial Officer Vice President, Claims Vice President, Underwriting Have a job opening? List it on our Web site. 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. Subscribe | Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2013 by Wells Media Group, Inc.