| September 13, 2013
East Jersey's Seaside Boardwalk Fire Expected to Cause Multi-Million Dollar Insurance LossA raging fire that destroyed dozens of businesses along the Seaside Park boardwalk in New Jersey Thursday is expected to be a multi-million ... New Jersey Shore Boardwalk Rebuilt After Sandy Torn by FireA wind-driven blaze consumed a New Jersey Shore boardwalk and amusements freshly rebuilt after Hurricane Sandy, destroying dozens of ... N.J. Governor Says 400 Firefighters Battle Boardwalk BlazeNew Jersey Governor Chris Christie was counting on 400 firefighters and the approach of rain to help snuff out a wind-driven blaze that ... AIG, Lincoln Among Insurers Said Pushed by N.Y. on Universal Life Product ReservesNew York State's financial-services regulator is pressing insurers including American International Group Inc., Lincoln National Corp. and ... Midwest Veto Sustained On Missouri Workers' Comp DatabaseGov. Jay Nixon's veto has been sustained on legislation calling for the creation of an online database of workers' compensation claims. ... Missouri Lawmakers Override On Uninsured MotoristsMissouri lawmakers have approved a veto override of legislation restricting lawsuits by uninsured motorists. The House approved the ... Damage From Large Wisconsin Wildfire Estimated At $1MA fire that damaged a 10-mile swath of forest land in northwestern Wisconsin this spring caused at least $1 million in damage, according to ... September Tornado Spotted In Far Northern MinnesotaA September tornado has been spotted in far northern Minnesota. The National Weather Service says a trained spotter reported the tornado ... Wells Fargo Insurance Expands in Midwest; Announces New Regional Leadership TeamWells Fargo Insurance, part of Wells Fargo & Co. announced three new leaders to its Midwest team. Barton Bates, Tony Evans and Stephen ... Southeast Obama Administration Bashes Florida for Blocking Health Insurance NavigatorsFlorida was strongly criticized by the federal government on Thursday for barring outreach workers, known as "navigators," from county ... Mississippi Having Trouble Spending Katrina Recovery FundsEight years after Hurricane Katrina slammed the Gulf Coast, Mississippi still hasn't spent almost $1 billion in federal money dedicated to ... West Virginia's $50M Insurance Costs Driven by Storm, Prisoner SettlementsA major storm and settlements of inmate lawsuits contributed to a nearly $20 million increase in the West Virginia Board of Risk and ... Insurance Pros in Politics: Being an Agent Prepared Tennessee Sen. Ketron for PoliticsInsurance was a great training ground for now State Sen. Bill Ketron, who has been a member of the Tennessee Senate since 2002 while also ... South Central Central Texas Utility Sues Tree Trimmer Over FiresA $35 million lawsuit filed by a utility alleges a tree-trimming company failed to properly maintain vegetation before 2011 Central Texas ... Global Insurance Co. Expands Taxi, Para-Transit Coverage to TexasGlobal Liberty Insurance Co. of New York, a specialty underwriter of limousine, executive car service, taxi and para-transit, will start ... Specialty Risk Associates Adds 3 Commercial Underwriters in LouisianaShreveport, La.-based Specialty Risk Associates Inc. announced the hiring of three new commercial lines underwriters - Ryan Gore, Laura ... Houston Insurance Agent Sentenced to 10 Years in PrisonAn insurance agent from Houston has been sentenced to 10 years in prison for pocketing more than $250,in customer premiums, the Texas ... West Insurance Pros in Politics: Garamendi Says Economy Needs InsuranceWhen it comes to mixing insurance and politics Congressman John Garamendi, D-California, can be considered an authority on the topic. While ... Flash Flooding Causes Damage in Northern ColoradoThree days of intense rainfall in many areas of Colorado has resulted in severe, widespread flooding and collapsed homes, according to ... Insurance Pros In Politics: Beth Gaines Wants More 'Business-Friendly' StateAlthough California Assemblywoman Beth Gaines, R-Rocklin, married in to the insurance business, it seems to run in her blood, because it's ... California Wildfire More Destructive Than ThoughtFire officials say crews assessing the damage from a Northern California wildfire have determined 68 homes were destroyed. That's up from ... New Mexico, Chevron Settle Case Over Cleanup CostsNew Mexico officials say Chevron Corp. will pay $5.2 million to settle claims that the energy company improperly applied for money from an ... International Tropical Depression in Gulf of Mexico Strengthens, Closes PortsA tropical depression in the southern Gulf of Mexico is strengthening, prompting the closure of two top oil export terminals, and could ... Sponsored Content David Wroe Named to Astonish Board of DirectorsWarwick, RI, 9/13/13 - Astonish, a leading technology, marketing, and training company dedicated solely to the needs of insurance agencies, ... Join the Insurance Journal NetworkInsurance Journal TV
New Discussions in the ForumsTravelers reducing commissions Posted: Fri Sep 13 -- And to add insult to injury, Travelers will still be paying 20% or more commission to the large aggregators such as SIAA and Smart Choice... lonestar Work Comp for Retail E-Cig/Vapor Shops Posted: Thu Sep 12 -- State Fund ? californiadude Certificates of Insurance ??? Posted: Thu Sep 12 -- Send out the forms, put the burden on the Cert Holder to raise the questions. Not sending out the forms lets the Cert Holder interpret that... californiadude CA_International Retention BOND Posted: Thu Sep 12 -- Miguelito: Consider joining Surety Bond Pros or a similar group on linkedin.com and pose your question there. This sounds like a tough bond... zdog Redi Mix - Midwest Posted: Thu Sep 12 -- Here is the Zurich Programs link... TheInsKid Credit Card Processing Posted: Wed Sep 11 -- I hear Square is a really easy merchant to use. You can use it online, over the phone, and even on tablets. The amount they charge varies... ABMCalifornia Anyone worked with Consolidated Agency Partners? Posted: Tue Sep 10 -- I was with Superior Access and Consolidated Agency Partners prior to SIAA. I have researched 'Clusters' till I'm blue in the face! CAP... ziiqui Insurance agencies for sale ? Posted: Mon Sep 9 -- Thanks I'm trying to on the East Coast for now. Thanksl CoJones Non-for-profit Volunteer Coverge Posted: Mon Sep 9 -- I have Non-for profit that use volunteer's to help out at various events during the year. They currently carry GL,WC D&O. In your opinion,... CoJones Reader CommentsPoll Finds Skepticism But Suggests Healthy Young Adults May Keep Obamacare Afloat Posted: Tue Sep 10 -- Encouraging news. I am optimistic! Libby Quiet 2013 Hurricane Season a 'Head Scratcher' for Embarrassed Forecasters Posted: Mon Sep 9 -- Thanks for jinxing us Insurance Journal! SFLLauren Bank of America, Merrill Settle Gender Bias Claims for $39M Posted: Mon Sep 9 -- Hallelujah!!!! Thank goodness this was a big company where I'm sure there were lots of complaints, as this would be, and is still, hard to... copperpipes Critics Say Taxpayers' $14B Guarantees Profit for Crop Insurers Posted: Wed Sep 11 -- Boy, Greenburg sure doesn't mind biting the hand that feeds him. Isn't he suing the U.S. Government? What a piece of work. Libby Will Third Time Be the Charm for National Producer Licensing Bill? Posted: Thu Sep 12 -- Am I just being paranoid or does anyone else share my concern of letting the feds in (even a little bit) in to the licensing of agents? I... WyomingAgent | 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. |
Sep 13, 2013
Daily Headlines: Friday, September 13, 2013
Sep 12, 2013
Daily Headlines: Thursday, September 12, 2013
| September 12, 2013
East Mass. Diocese Agrees to $60M Settlement With Insurer Over 2011 Tornado DamagesThe Roman Catholic Diocese of Springfield has agreed to a $60 million settlement with its insurer for damage done to a parochial high ... New York to Opt Out of New Rules for Universal Life Insurance PoliciesNew York State's financial-services regulator said rules adopted by state watchdogs for some life insurance contracts failed to boost ... N.J. High Court to Weigh Alcohol Test Reliability in Drunken Driving CasesCritics of the breath test used in New Jersey drunken driving cases took aim Tuesday in front of the state's Supreme Court, arguing that ... N.J. Contractor Indicted on Charges of Providing False Insurance CertificateA southern New Jersey man has been indicted on charges of providing a false insurance certificate and working as an unregistered contractor ... Vermont Governor Proclaims September Preparedness MonthThe Vermont Department of Emergency Management and Homeland Security is urging people to be prepared for unexpected emergencies. September ... Midwest Iowa Division of Insurance Launching Fraud Fighters ProgramThe Iowa Insurance Division has launched a new anti-fraud program to help Iowans protect their money. The program is called Iowa Fraud ... Wisconsin Court: No Damages in Officer Death from Insurance CompanyA Wisconsin appeals court says a slain police officer's widow can't collect damages from the insurance company that covered his killer. ... Rockhill Names Goode Chief Operating OfficerRockhill Insurance Group, based in Kansas City, Mo., announced it has hired Doug Goode as chief operating officer. Goode has more than 25 ... Anhalt Named Sentry Senior Vice President in WisconsinPete Anhalt has been promoted to senior vice president of consumer products for Sentry Insurance. Anhalt will be based in Madison, Wi. He ... Southeast Mississippi Shipbuilder, Insurer Settle on $180M for Katrina DamagesHuntington Ingalls Industries and its insurer have reached cash settlement for $180 million for the shipbuilder's losses from Hurricane ... South Central Louisiana Brewer Sued Over Mechahopzilla BeerThe Japanese company that produced the classic series of "Godzilla" movies has sued a New Orleans brewery, claiming the MechaHopzilla beer ... Oklahoma Governor Makes Workers' Comp Team AppointmentGov. Mary Fallin is announcing the appointment of Oklahoma Commerce Department executive director Jonna Kirschner to a transition team to ... Capital Benefits Group in Texas Becomes a Higginbotham CompanyHigginbotham and Capital Benefits Group have merged their operations, becoming what the companies believe to be the largest independent ... West Insurance Pros in Politics: Beth Gaines Wants More "Business-Friendly" StateAlthough California Assemblywoman Beth Gaines, R-Rocklin, married into the insurance business, it seems to run in her blood, because it's ... Group Demands Change in Oregon Malpractice LawA consumer group says Oregon needs to change its new medical malpractice law to prevent it from protecting bad doctors. Public Citizen says ... Bill Would Require Safety Features In California LimosLimousines that operate in California would be required to have emergency exits under legislation approved by the state Assembly in the ... Oregon Looks At Beefing Up Health Insurance Premium ReviewsOregon health officials are considering whether to use the state's authority to approve or reject health insurance premiums as a tool to ... RSC Opens Professional Practices Group in CaliforniaRisk Strategies Co., a national insurance and benefits brokerage and risk management firm based in Boston, launched a new professional ... Lockton Adds Brewers in Global Benefits in WestLockton announced the expansion of its global benefits practice with the addition of Ron Brewer as regional practice leader of the Western ... USI Adds Reardon in Southern CaliforniaUSI Insurance Services has hired Sean Reardon as a property/casualty broker. Reardon will be working out of USI's office in Woodland Hills, ... International London Police Must Repay Insurers for Riot-Damaged Sony WarehouseLondon police must repay the insurers of a warehouse that held Sony Corp. goods, damaged in riots that spread through the city in the ... Zurich Insurance Appoints de Swaan Chairman, Replacing AckermannZurich Insurance Group AG named Tom de Swaan chairman, replacing Josef Ackermann, who stepped down after the suicide of Chief Financial ... Former Zurich Chair Ackermann Quits Siemens, Refutes Influence in CFO SuicideJosef Ackermann will step down from Siemens AG's supervisory board, two weeks after he resigned as chairman of Zurich Insurance Group AG ... Montpelier Re Launches Risk InstituteMontpelier Reinsurance Ltd. recently launched the Montpelier Risk Institute (MRI), a virtual risk institute that will attract scientists ... Sponsored Content IPFS Corporation Launches Mobile Website: www.ipfs.comKansas City, MO, 9/12/13 - Imperial PFS Corporation (www.ipfs.com), a leading independent provider of insurance premium financing, is ... Insurance Journal Blogs TRIA: To Extend or Not to ExtendJust in time for the 12th anniversary of the Sept. 11 terrorist attacks, our friends at the Cato Institute have published an interesting ... Join the Insurance Journal NetworkInsurance Journal TV
New Discussions in the ForumsCertificates of Insurance ??? Posted: Thu Sep 12 -- We have a healthy debate going here as to whether or not you should send out the supporting forms with certificates of insurance. Some of us... superdash8 Redi Mix - Midwest Posted: Wed Sep 11 -- Anyone know of a market or program that will compete with standard carriers? I've heard Zurich has a program but can't find the contact.... Halpert Credit Card Processing Posted: Wed Sep 11 -- I hear Square is a really easy merchant to use. You can use it online, over the phone, and even on tablets. The amount they charge varies... ABMCalifornia Travelers reducing commissions Posted: Wed Sep 11 -- I hate to say it but Travelers has been on a long, slow decline for the last few years it seems. We lost our PL appointment for not writing... paulbennings Anyone worked with Consolidated Agency Partners? Posted: Tue Sep 10 -- I was with Superior Access and Consolidated Agency Partners prior to SIAA. I have researched 'Clusters' till I'm blue in the face! CAP... ziiqui CA_International Retention BOND Posted: Mon Sep 9 -- We are hoping that someone would be able to refer us to a surety that can transact with South Africa. Our CA based manufacturer is hoping to... Miguelito Insurance agencies for sale ? Posted: Mon Sep 9 -- Thanks I'm trying to on the East Coast for now. Thanksl CoJones Non-for-profit Volunteer Coverge Posted: Mon Sep 9 -- I have Non-for profit that use volunteer's to help out at various events during the year. They currently carry GL,WC D&O. In your opinion,... CoJones Markets for HOA's Posted: Fri Sep 6 -- Anyone know if CIG is direct appointment only or if they have wholesalers in California? I've been trying to get in touch with them but have... ABMCalifornia Reader CommentsPoll Finds Skepticism But Suggests Healthy Young Adults May Keep Obamacare Afloat Posted: Tue Sep 10 -- Encouraging news. I am optimistic! Libby Quiet 2013 Hurricane Season a 'Head Scratcher' for Embarrassed Forecasters Posted: Mon Sep 9 -- Thanks for jinxing us Insurance Journal! SFLLauren New Jersey Court: Text Sender Can Be Held Liable in Crash Posted: Thu Sep 5 -- I can see holding a parent responsible for a child's behaviour, but even that is ludicrous at times. Holding an employer liable for an... Huh! Bank of America, Merrill Settle Gender Bias Claims for $39M Posted: Mon Sep 9 -- Hallelujah!!!! Thank goodness this was a big company where I'm sure there were lots of complaints, as this would be, and is still, hard to... copperpipes Critics Say Taxpayers' $14B Guarantees Profit for Crop Insurers Posted: Wed Sep 11 -- Boy, Greenburg sure doesn't mind biting the hand that feeds him. Isn't he suing the U.S. Government? What a piece of work. Libby | 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. |
Sep 10, 2013
Daily Headlines: Tuesday, September 10, 2013
| September 10, 2013
East Insurance Pros in Politics: Insurance Veterans Elect to Also Work in State LegislaturesRunning a successful insurance agency business is tough enough by itself but some insurance pros are taking it one step further. They ... FEMA's Latest Data on Federal Assistance for N.J.'s Sandy RecoveryThe Federal Emergency Management Agency this week published its latest data on ongoing federal assistance for New Jersey's recovery from ... Coming Year Will See Big Changes at WTC Site in New YorkTwelve years after terrorists destroyed the old World Trade Center, the new one is becoming a reality, with a museum remembering the ... Some Small N.J. Marinas Still Waiting for Sandy AidNearly a year after Superstorm Sandy hit New Jersey, some small marina owners are still waiting for money to help rebuild their shattered ... Midwest Insurance Pros in Politics: Midwest Politicians Work as Insurance AdvocatesThose who have worked in the insurance industry and now practice politics in the Midwest say they are able to provide valuable insight into ... Iowa Health Insurance Exchange Price Info DelayedIowa's insurance commissioner says he needs a commitment from a national insurer before he can release pricing information on policies to ... Manufacturer to Pay $1.3M in Penalties, Fines for Worker Death in South DakotaFederal officials announced that Adams Thermal Systems Inc. has agreed to pay more than $1.33 million to resolve criminal penalties and ... More Minnesota Farms Relying On IrrigationAlan Peterson is among a growing number of Minnesota farmers are relying on irrigation to ensure they can produce a crop when the weather ... American Westbrook Appoints New Director of CommunicationsWestchester, Ill.-based American Westbrook Insurance Services LLC, a full-service insurance brokerage firm, has appointed Christine Seitz ... Southeast West Virginia Municipalities Eye Lien on Insurance Payments to Combat BlightMunicipalities in West Virginia are asking lawmakers for help in their battle against blight. A resolution endorsed by the West Virginia ... Insurance Pros in Politics: Georgia's Kingston Brought His CPCU to CongressJack Kingston is U.S. Representative for the First Congressional District of Georgia, which encompasses 17 counties in Southeast Georgia ... Florida-Based Lighthouse Property Insurance Names Moore Executive VPLighthouse Property Insurance Corp. reported that Scot Moore has been named as the firm's new executive vice president. Moore's accounting ... South Central Insurance Pros in Politics: Insurance Good Training Ground for Political LeadershipWhen it comes to current or former occupations of state and federal lawmakers, that of insurance producer is not one of the most commonly ... Appeals Court Rules Against Louisiana Abortion Providers in Liability CaseA federal appeals court has ruled that a group of Louisiana abortion providers lack the standing to challenge part of a 1997 law that can ... 1st Team Partners with Aon Cornerstone in Louisiana1st Team Insurance Agency announced a strategic partnership with Aon Cornerstone, a business unit of Aon plc, which focuses on fostering ... Rebel Claimants In BP Spill Settlement Get Expedited HearingA U.S. appeals court will hold an expedited hearing for a small group of claimants in a Gulf spill settlement with BP Plc, with oral ... Sinkhole in Oklahoma City Swallows Car; No InjuriesA sinkhole that opened up alongside a downtown Oklahoma City street has swallowed a car, but the car's two occupants escaped unharmed. The ... Krauter & Company Brings Brokerage Services to TexasKrauter & Company has added a 10th U.S. base of operations with the addition of a new office in Houston. The Texas-based team will focus ... West Oregon Marketing Firm Grades Digital, Social Media EffortsWhen it comes to digital and social media marketing there's a lot of white noise, with plenty of consultants, authorities, know-it-alls and ... Insurance Pros in Politics: Agent Ted Gaines Eyes California Commissioner SeatFrom agent to politician state Sen. Ted Gaines wants back in the insurance business - this time as the state's top regulator of the ... PG&E to Settle Remaining Pipeline Explosion Claims in Northern CaliforniaPG&E Corp., owner of California's largest utility, said it will settle "substantially all" remaining personal injury and property damage ... Fireman's Fund Taps Golden In CaliforniaMichael P. Golden has joined Novato, Calif.-based Fireman's Fund as a strategic relationship manager. Golden will be responsible for ... Main Street America Expands Commercial Products to Austin Mutual Agents in OregonThe Main Street America Group has introduced its commercial product line, featuring its flagship main line business owners policy (Main ... Poms Names Slotkin Vice President in Southern CaliforniaPoms & Associates Insurance Brokers Inc. named Matthew Slotkin vice president of new business development in the Woodland Hills, Calif. ... International Hannover Re Agrees: No Change in Most Reinsurance Rates in 2014 RenewalsHannover Re, the world's third- largest reinsurer, said it expects reinsurance rates at price negotiations for January renewals to remain ... New Capital Means Big Disaster Won't Boost Reinsurance Rates: Lloyd's CEOEven a major disaster would be unlikely to push up reinsurance prices given the amount of capital currently available to back policies, ... Bermuda Under Tropical Storm Warning for GabrielleTropical Storm Gabrielle reformed in the Atlantic south of Bermuda, which can expect high winds, rough surf and rain later today, according ... Willis Launches New Policy to Cover Repatriation Costs for Stranded SeafarersWillis Group Holdings has launched a new liability insurance policy to cover the costs associated with repatriating stranded seafarers. The ... U.K. Probing 2 Banks Over Payment Protection Insurance ClaimsThe U.K.'s markets regulator is investigating allegations that banks are dismissing claims for payment protection insurance compensation. ... Sponsored Content Atlas General Insurance Services, LLC, Announces Its Expansion into Tennessee with Opening of Dedicated Marketing OfficeSan Diego, CA, 9/10/13 - Atlas General Insurance Services, LLC, a national multi-line program manager, is pleased to announce the opening ... Insurance Journal Blogs A Blog on BloggingTo do a little research into the history of blogging, I just did a Google search and found 13,000,000,000 results for a word that didn't ... Join the Insurance Journal NetworkInsurance Journal TV
New Discussions in the ForumsCredit Card Processing Posted: Tue Sep 10 -- Sorry, this will sound as a really stupid question but I am on the doors of opening my first insurance agency and was just passing by the... manny79 CA_International Retention BOND Posted: Mon Sep 9 -- We are hoping that someone would be able to refer us to a surety that can transact with South Africa. Our CA based manufacturer is hoping to... Miguelito Anyone worked with Consolidated Agency Partners? Posted: Mon Sep 9 -- Hi, I'm a new agent and have been looking for clusters that will work with start ups. I came across Consolidated Agency Partners. They seem... agentnewbie Insurance agencies for sale ? Posted: Mon Sep 9 -- Thanks I'm trying to on the East Coast for now. Thanksl CoJones Travelers reducing commissions Posted: Mon Sep 9 -- Yep, confirmed with my sales rep. Should be rolling out in Texas sometime after the start of the new year. 12% new and renewal. I still... Smalltownagent Non-for-profit Volunteer Coverge Posted: Mon Sep 9 -- I have Non-for profit that use volunteer's to help out at various events during the year. They currently carry GL,WC D&O. In your opinion,... CoJones Markets for HOA's Posted: Fri Sep 6 -- Anyone know if CIG is direct appointment only or if they have wholesalers in California? I've been trying to get in touch with them but have... ABMCalifornia Why I believe in insurance agents Posted: Fri Sep 6 -- and then "patched back together" because of the value the AGENT brought to the relationship. alsia Reader CommentsNew Jersey Court: Text Sender Can Be Held Liable in Crash Posted: Wed Sep 4 -- It is scary how unbelievably stupid our courts can be. Don Quixote West Virginia Family Sues Over Accident Photo Posted: Wed Sep 4 -- Absolutely inappropriate and disgusting behavior from a trusted "first responder". Moe Tough-to-Kill New York Buses Drive Through U.S. Law's Loopholes Posted: Tue Sep 3 -- And when the operator - or their carrier - pays out the paltry $5mil to cover the 14 new quadrapeligic pre-teens, the plaintiff's lawyers... reality bites How U.S. Consumers Feel About Usage-Based Auto Insurance Posted: Fri Sep 6 -- My auto insurance agent who is a great guy and my insurance company who were kind enough to cover my Pontiac GTP and my 1958 Austin-Healey... Water Bug Zurich CFO's Suicide Followed Disagreement on Business Targets Posted: Mon Sep 9 -- A member of my extended family committed suicide. She was a very successful businesswoman and the story was carried by NYT, WSJ, and several... Jon | 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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