Nov 6, 2013

Daily Headlines: Wednesday, November 6, 2013

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Insurance Journal Daily Headlines
November 6, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

AIG Using Science to Define 'Broker Quality Index,' Not Following Market: Benmosche

Property/casualty insurance brokers who aren't diligent about the accounts they're presenting to American International Group risk being ...

MMC's Marsh Insurance Brokerage Unit Q3 Revenue Rises 4% to $1.24B

Marsh & McLennan Cos. (MMC) reported today its 2013 third quarter net income of $253 million, a 4.98 percent increase from $241 million ...

PLUS Conference: Global Risks, Governance and Hypocrisy

America's European allies are being hypocritical in their complaints about the U.S. spying on them because they all have their own ...

Insurers Keeping Property-Catastrophe Insurance Price Relatively Flat: NAPCO

With more than $600 billion in policyholders' surplus, the insurance industry is very well capitalized in spite of a large loss from ...

From MyNewMarkets.com Eyeing Affluent Market, Crestbrook Enters First State of Illinois with More to Come

Well-to-do Illinois residents and their insurance agents now have another option when it comes to protecting their assets. Crestbrook...
Carrier Management

Wrongful Incarceration Suits Surge Giving Rise To Insurance Coverage Trigger Issues

On Dec. 17, 1990, 17-year-old Jeffrey Deskovic was convicted by a Westchester County, N.Y., jury of the rape and murder...
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East

Conn. Gov.: Low-Interest Loans Available for Elevating Homes, Flood-Proofing Businesses

Connecticut Governor Dannel P. Malloy recently announced the creation of the Connecticut Shoreline Resiliency Fund, a low-interest loan ...

Penn. Insurance Department Offers Simple Tips to Prevent Home Fires

Deaths from fires and burns are the third-leading cause of fatal home injuries, and Pennsylvania Insurance Commissioner Michael Consedine ...

Allied Insurance Brokers Hires SVP for Ascinsure Specialty Risk Unit in Penn.

Ascinsure Specialty Risk recently hired Curtis Kochman as senior vice president. Within this role, Kochman will spearhead Ascinsure's ...
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Midwest

North Dakota Insurance Dept. Seeks Policy Cancellation Info

The North Dakota Insurance Department wants health insurance companies to disclose the number of people whose policies will be canceled ...

Minnesota History Village now Center of Flood Fight

A Minnesota philanthropist has been fighting to preserve a historical village after county officials learned the buildings sit in a flood ...

Ohio Stats Show more than 5K Worker Amputations

Data provided by the state shows that more than 5,000 workers in Ohio have suffered amputation injuries since 2005. The statistics from the ...
Southeast

Georgia Regulator Blasts Rocky Health Care Rollout, Federal Website Glitches

Georgia's Insurance Commissioner Ralph Hudgens criticized the rocky rollout of President Barack Obama's health care overhaul in a recent ...

Florida Names Burgess as New Insurance Consumer Advocate

Florida Chief Financial Officer Jeff Atwater has named Steve Burgess as the state's new insurance consumer advocate. Burgess previously ...

USAA to Hire Up to 1,215 New Employees in Hillsborough County, Florida

Florida state officials announced Tuesday that United Services Automobile Association (USAA) will expand its presence in Hillsborough ...

Georgia-Based AutoTown Insurance Acquires Fling Insurance Agency

AutoTown Insurance, an independent agency based in Norcross, Georgia, announced its acquisition of Fling Insurance Agency in Lagrange, ...
South Central

Industries Confront Louisiana's Skilled Labor Gap

A Harahan manufacturing company has had to recruit outside Louisiana for skilled trade workers. The Laitram Corp. isn't alone in its ...

Marsh & McLennan Agency Acquires Texas' Elsey & Associates

Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., announced the acquisition of Elsey & Associates, a $4.5 ...

Hubbard Joins Towerstone to Lead New Environmental Practice

Wholesale insurance broker and managing general agency, Towerstone, announced that Jeffrey Hubbard has joined the company as director of ...
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West

California Insurance Broker Sentenced For Scamming Tom Hanks

A Southern California insurance broker who overcharged Tom Hanks and his wife, Rita Wilson, hundreds of thousands of dollars has been ...

Poms Names Jones Vice President in California

Poms & Associates Insurance Brokers Inc. named Dan Jones vice president in its West Los Angeles office as. Jones has more than 25 years of ...

Sutter To Pay $46M To Settle California Anesthesia Case

One of the California's largest hospital chains has agreed to pay $46 million to settle allegations that its method for billing for ...

Washington Driver Blames 'Gorilla' For Causing Crash

A Spokane, Wash., woman who wound up with a totaled car, a broken collarbone and a $550 ticket blames her post-Halloween crash on a person ...

Leavitt Central Coast Names Perez VP in California

Leavitt Central Coast Insurance Services named Omar Perez vice president of alternative risk and affinity programs. Perez specializes in ...

Arizona Legislator's Close Call in I-10 Dust Storm Prompts Call for Action

An Arizona legislator had a narrow escape on Interstate 10 last week during a dust storm in Pinal County when chain-reaction collisions ...
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International

UNEP Report: Global Action Needed to Close 8-12 Billion Ton Emissions Gap

Greenhouse gas emissions in 2020 will be 8 billion to 12 billion tons more than the level needed to keep global warming to only 2 degrees ...

ING to Speed up Reorganization after Revised Deal with EU

ING Groep NV, the biggest Dutch financial-services company, will complete its reorganization two years earlier than planned after winning ...

Lockton's 'Compass' System Helps Multinationals with Global Compliance

"One of the growing concerns among multinational risk managers is global insurance program compliance," a bulletin from Lockton notes. As a ...

Qatar Reinsurance Report Finds Asian Markets 'Bustling with Confidence'

The first Asia Reinsurance Barometer, published by the Qatar Financial Center (QFC) Authority, concludes that the "region's reinsurance ...

RSA Tumbles as Windstorms Push Profitability below Target

RSA Insurance Group Plc tumbled after the U.K.'s biggest non-life insurer by market value said it will miss its profitability target in the ...

Gazançon Named AXA ART Chief Operations Officer

Global art insurance specialist AXA ART announced the appointment of Jean Gazançon as Chief Operations Officer. He has also been appointed ...
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New Discussions in the Forums

CA liability coverage for product - Gopher Gasser
Posted: Tue Nov 5 -- Hartford will cancel current GL policy if this product in production. The market from AgentSecure decline it. Let me try Bliss & Glennon. antagent
New Phone Line System Help
Posted: Tue Nov 5 -- I highly suggest you RUN AWAY from any VOIP proposal from Megapath. I just recently went through HELL with this terrible company and being... mhutch69
Travelers reducing commissions
Posted: Sun Nov 3 -- Look around...I know of one company with realtime electronic submission with bound/underwritten quotes paying 17% NB in P&C. ...And they... OldIndyAgent
Erie Insurance, feedback please.
Posted: Thu Oct 31 -- I would stay away from Erie. Erie has appointed too many agents and their competitive position has taken a turn for the worse. Erie's... randrew54
7 day insurance policy
Posted: Tue Oct 29 -- Justin, Unfortunately, that program is exclusive to LA Insurance. If you really want access to it, you could access it by becoming an LA... PiP
becoming appointed
Posted: Tue Oct 29 -- Try an Aggregator/Cluster group. By joining you get instant access to preferred markets, higher commissions and contingency opportunities... PiP
It can happen to us too
Posted: Tue Oct 29 -- We also had a claim, not theft related but our water heater burst in our office causing much damage. We tell... Pathwayinsurance

Reader Comments

N.Y. Expects 100,000 to Change Health Insurance Under Federal Overhaul
Posted: Mon Nov 4 -- The "Affordable" Care Act just cost me another $7,800 a year starting Jan 1st. AND raised my deductible $2,000 annually and I can't afford... Big D
Courts Split Over Health Care Law Birth Control Coverage Mandate
Posted: Mon Nov 4 -- How about Obamacaid since most of the state exchanges are sending the applicants to Medicaid instead of the vaunted ACA? Another good one... Agent
Buffett Looking For Acquisitions as Berkshire's $40B Cash Pile Deemed 'Too Much'
Posted: Thu Oct 31 -- Wow, if I was one of his employees I would love to receive a $1 million bonus. Just think how that would boost the economy through his... Baxtor
Lost Pheasants, Disappearing Grasslands: Is Crop Insurance to Blame?
Posted: Fri Nov 1 -- There would be more credibility to your article blaming loss of pheasant population on political causes if you wouldn't show a hen pheasant... ecinfel
Obama Administration Under Fire for Individual Health Policy Cancellations
Posted: Thu Oct 31 -- I'm sorry, jw, we'll just have to agree to disagree on this hot topic. No matter how it is justified, an abortion is killing a baby. Period.... Integrity Matters

Current Issue

November 4, 2013
Current Issue
Focus on Professional Liability / PLUS; Habitational / Dwellings; Agents' E&O Survey; Bonus: Free Ad Readership Study ($2,500 Value); Bonus: The Indiana Issue (Special Supplement)

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Nov 5, 2013

Insurance Journal TV: Markets in Motion - Sports Entertainment Venue

Insurance Journal TV
November 5, 2013
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Markets in Motion - Sports & Entertainment Venue

The 650,000 square foot Honda Event Center in Anaheim, Calif. holds thousands of people at any given time, creating the opportunity for many different risks. Home to the Anaheim...

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3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2013 by Wells Media Group, Inc.

Nov 4, 2013

Daily Headlines: Monday, November 4, 2013

Sponsored by: ACE Group. Introducing Small Business Insurance from ACE. Reinventing the specialty-lines placement experience. Click here for more information.
Insurance Journal Daily Headlines
November 4, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

BP Oil Spill Settlement Opponents Ask Court to Rescind Approval

Opponents of BP Plc's $9.2 billion partial settlement of private-party claims from the 2010 Gulf of Mexico oil spill are set to ask a U.S. ...

Courts Split Over Health Care Law Birth Control Coverage Mandate

A requirement of President Barack Obama's health care law that group insurance plans cover contraceptives may violate religious freedom, a ...

Groups Urge National System for Tracking Youth Sport Concussions

Is peewee football too early to wonder about concussions? Maybe not: A major report says far too little is known about the risks in youth ...

R-T Specialty to Buy Wholesale Broker Westrope

Chicago-based national wholesale insurance broker R-T Specialty said it has agreed to merge with another wholesale broker Westrope, based ...

From MyNewMarkets.com Markets-in-Motion: Sports & Entertainment Arenas

The 650,000 square foot Honda Event Center in Anaheim, Calif. holds thousands of people at any given time, creating the opportunity for many...
Carrier Management

AIG Earnings Call Highlights: Broker Quality Scrutinized; Still Committed to 'Aspirational Goals'

Property/casualty insurance brokers who aren't diligent about the accounts they're presenting to American International...
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East

Connecticut's Interest in Berms, Dunes Grows After Sandy

Devastating flooding from Superstorm Sandy has sparked growing interest in building berms and sand dunes for protection along the ...

N.Y. Expects 100,000 to Change Health Insurance Under Federal Overhaul

New York health officials say that about 100,000 individuals will have to change their health insurance under the federal health care ...

Collisions Between Cars, Deer Increasing in Delaware

The number of collisions between deer and vehicles in Delaware is growing as state officials work to reduce the deer population. Citing ...

New Jersey Officer Pleads Guilty to Insurance Fraud

A Newark, N.J., police officer has admitted filing a false insurance claim after his vehicle was declared stolen and found torched. The ...

AssuredPartners Acquires Eastern Insurance Agency in Pennsylvania

AssuredPartners Inc., through its subsidiary AssuredPartners of New Jersey, acquired Eastern Insurance Acquisition Agency (D/B/A Eastern ...

Report Looks Back at Why Sandy Caused So Much Flooding Damage Along Coast

Karen Clark & Company (KCC), independent experts in catastrophe risk, catastrophe models and catastrophe risk management, issued a report ...
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Midwest

Bates Receives Indiana Insurance Agents' Industry/Public Image Award

Mark Bates, from Pinnacle Insurance Group of Indiana in Crown Point, Ind., is the recipient of the Independent Insurance Agents of ...

Baltimore Insurer to Relocate to Des Moines, Iowa

A Baltimore, Md.-based life insurance company is moving its corporate offices to Des Moines, Iowa, and it plans to employ 50 workers within ...

State Farm Likely to Move Some Bloomington, Indiana Jobs

State Farm Insurance Co. says it will likely move at least some of its claims services employees out of Bloomington, Ind. State Farm ...

Minnesota Roads Breaking Down Faster than Expected

Minnesota road surfaces that were supposed to last for 30 years are beginning to crumble in half that time, raising concerns that cities ...
Southeast

Tennessee Court Finds City Not Liable for Death by Fallen Tree

The Tennessee Court of Appeals has ruled that Knoxville isn't liable for a tree that fell on and killed a woman driving on a city street. ...

Miller: Florida Insurers Assume Liability in Agent Appointments, Licensing Verification

The agent appointment process is not as simple as some think. Insurers that are not careful could find they are in legal trouble. As in so ...

Brown & Brown CFO Cory Walker to Retire in March 2014

Daytona Beach, Fla.-based brokerage Brown & Brown Inc. announced that Cory T. Walker, who has been serving as senior vice president, ...
South Central

Farmers Insurance, Texas Reach Tentative Deal on Mold Claims

The state of Texas and Farmers Insurance want to settle decade-old claims of overcharging and underserving customers for $117.5 million, ...

INSURICA Adds Winans as Associate Director of Sales Development

Oklahoma City-based INSURICA Insurance Management Network has hired David Winans as associate director of sales development in the firm's ...

As Exchange Opens Oklahoma City Chamber Drops Insurance

The Greater Oklahoma City Chamber of Commerce will no longer provide a health insurance offering that 1,400 companies in the state have ...

Fallin Appoints 2 to New Workers' Comp Panel

Gov. Mary Fallin has named a longtime Oklahoma City attorney and a deputy insurance commissioner to fill the final two spots on the newly ...
West

NSM Insurance Group Acquires California Broker ELM

NSM Insurance Group has acquired Executive Liability Managers Insurance Brokers in California. ELM is a 25-year-old professional liability ...

Insurer For Montana City Settles Lawsuit With Family

The insurance company for the city of Billings has agreed to settle a lawsuit stemming from the death of a 41-year-old man at Rose Park ...

Thousands Without Power After Pacific West Wind Storm

Thousands of people were without power as of Sunday evening in Washington state following Saturday's wind storm. The storm knocked out ...

Corps: Utah County Levees Have Problems

Salt Lake County, Utah's levee systems are in unacceptable shape, according to a review by the U.S. Army Corps of Engineers. Officials with ...

Federal Aid to Colorado Flood Victims Reaches $100M

Federal aid to victims of the historic September floods in Colorado has reached $100 million. The Federal Emergency Management Agency says ...
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International

U.S. Says Japan Signing Liability Pact Would Aid Nuclear Cleanup

Japan will receive international help with the cleanup at the Fukushima atomic station once it joins an existing treaty that defines ...

Pirate Money Promotes Global Criminal Activity: World Bank Report

Pirates hijacking ships off the Horn of Africa and Somalia from 2005 to 2012 garnered well over a quarter of a billion U.S. dollars in ...

South Africa's MMI to Buy Alexander Forbes' Insurance Business

MMI Holdings Ltd., South Africa's third-largest insurer, agreed to pay 1.6 billion rand ($157 million) for Alexander Forbes Ltd.'s ...

Cobalt CEO Says London Meeting Islamic Underwriting Needs

Islamic business leaders have been told London has the ability to deliver highly rated re/insurance capacity to meet their desire to have ...

Travelers Completes Dominion of Canada Acquisition

The Travelers Companies, Inc. announced the completion of its acquisition of The Dominion of Canada General Insurance Company from E-L ...

Another Canadian Freight Train Derails in Alberta, No Injuries

A Canadian National Railway Co. train carrying lumber and sulfur dioxide derailed in the Western Canadian province of Alberta on Sunday, ...

Lockton Names Marsh's Saada as CEO for Middle East-North Africa Region

Lockton (MENA) Ltd. has named Tony Saada as chief executive officer. He will be responsible for developing and serving Lockton's rapidly ...
Sponsored Content

Atlas General Announces Tribunalization with Lloyd's of London

San Diego, CA, 11/4/13 - Atlas General Insurance Services, LLC, is pleased to announce that it has formally completed the "tribunalization" ...
Insurance Journal Blogs

About Those 'Huge' Flood Insurance Rate Increases

Recent news reports on the roll-out of reforms to the National Flood Insurance Program have focused on astronomical increases in rates ...

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A World With or Without TRIA

Since the creation of the federal terrorism reinsurance program in 2002 until now the market...
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Aon Benfield's Adam Podlaha Explains Cat Models - and More

Insurance Journal's Charles Boyle interviewed three specialists from Aon Benfield's...

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New Discussions in the Forums

Travelers reducing commissions
Posted: Sun Nov 3 -- Look around...I know of one company with realtime electronic submission with bound/underwritten quotes paying 17% NB in P&C. ...And they... OldIndyAgent
Erie Insurance, feedback please.
Posted: Thu Oct 31 -- I would stay away from Erie. Erie has appointed too many agents and their competitive position has taken a turn for the worse. Erie's... randrew54
CA liability coverage for product - Gopher Gasser
Posted: Thu Oct 31 -- My client is a California wholesalers for garden supplies. They're looking for liability coverage for their new product - Gopher Gasser. The... antagent
7 day insurance policy
Posted: Tue Oct 29 -- Justin, Unfortunately, that program is exclusive to LA Insurance. If you really want access to it, you could access it by becoming an LA... PiP
becoming appointed
Posted: Tue Oct 29 -- Try an Aggregator/Cluster group. By joining you get instant access to preferred markets, higher commissions and contingency opportunities... PiP
It can happen to us too
Posted: Tue Oct 29 -- We also had a claim, not theft related but our water heater burst in our office causing much damage. We tell... Pathwayinsurance
New Phone Line System Help
Posted: Mon Oct 28 -- As someone who has been on the traditional PBX system, to VOIP (to another VOIP) and then finally moved back to a traditional PBX. I was on... Smalltownagent

Reader Comments

Idaho Lawsuit Is Latest Claim Against Remington
Posted: Mon Oct 28 -- basic principle of firearm use/handling: never point it in any direction that might cause injury should it misfire. why would he have been... bob
Bipartisan Deal Reached to Delay Flood Insurance Premium Hikes: Waters
Posted: Mon Oct 28 -- I am still laughing. Where are all my capitalistic, market crazy Republican friends who should be insisting the rates be market rates, no... JohnS
Nevada HOA To Pay $65K After Banning Family's Ambulance
Posted: Fri Nov 1 -- I love it when a draconian HOA gets slapped by the courts for being a jerk. Why?
UPS Driver in Michigan Works 51 Years, No Crashes
Posted: Fri Nov 1 -- Thank you, sir! Congratulations! Wildcat
Buffett Looking For Acquisitions as Berkshire's $40B Cash Pile Deemed 'Too Much'
Posted: Thu Oct 31 -- Wow, if I was one of his employees I would love to receive a $1 million bonus. Just think how that would boost the economy through his... Baxtor

Current Issue

November 4, 2013
Current Issue
Focus on Professional Liability / PLUS; Habitational / Dwellings; Agents' E&O Survey; Bonus: Free Ad Readership Study ($2,500 Value); Bonus: The Indiana Issue (Special Supplement)

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How to Advertise

For information about advertising on this newsletter and Insurance Journal magazines, contact Julie Tinney at (800) 897-9965 x148.
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.

Nov 1, 2013

Daily Headlines: Friday, November 1, 2013

Sponsored by: NSM Insurance Group. Hospice, Head Starts, Community Action Associates, MRDD/ARC, Charter Schools, Senior Services and Many More! Click here for more information.
Insurance Journal Daily Headlines
November 1, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Lost Pheasants, Disappearing Grasslands: Is Crop Insurance to Blame?

The hunters tramp through neck-high prairie grass with a pair of golden retrievers named Moe and Buck, flushing out birds in a freezing ...

Rusbuldt on McKinsey 5: Where Will Agents Really Be in 5 to 10 Years?

Bob Rusbuldt, president and CEO of the Independent Insurance Agents and Brokers of America - the Big "I"- takes issue with a McKinsey ...

U.S. Weighs Scanning Social Media to Prevent Risky Hires

The U.S. government is studying whether it can scour social media websites for clues about potential risks from workers such as Edward ...

Insurer Alleges Robotic Surgery Firm Lied About Claims

Intuitive Surgical Inc., the maker of robotic surgery devices targeted by patient lawsuits, was sued by an insurer alleging the company hid ...

AIG's Q3 Profit Advances 17% to $2.17B; Property/Casualty Sales Decline

American International Group Inc., the insurer that repaid a U.S. rescue last year, said third- quarter profit climbed 17 percent as ...

From MyNewMarkets.com Markets-in-Motion: Sports & Entertainment Arenas

The 650,000 square foot Honda Event Center in Anaheim, Calif. holds thousands of people at any given time, creating the opportunity for many...
Carrier Management

Heard at PCI: Looking Ahead to Jan. 1, Re Brokers See Changes Beyond Rate Drops

Insurance carriers are not sitting around looking forward to lower-priced reinsurance contracts on their Jan. 1, 2014...
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East

Maryland's Chesapeake Employers: Business as Usual for Policyholders, Agents

Maryland's largest writer of workers' compensation insurance and the insurer of last resort adopted a new name and a new corporate ...

New York Bans 12 Doctors From No-Fault Insurance Billing

New York officials have banned 12 doctors and six therapists from billing the state's no-fault auto insurance system in an initiative to ...

President Obama Cites Early Setbacks of Massachusetts Health Law

President Barack Obama chose the site where Massachusetts' health care system became law to promote his signature health insurance program, ...

Connecticut Approves NCCI's 3.2% WC Loss-Cost Increase Filing

Connecticut regulators this week approved the National Council on Compensation Insurance's workers' compensation filing for an overall +3.2 ...

The Hanover Insurance Group Q3 Profit Rises 52% to $61M

The Hanover Insurance Group Inc. reported net income of $61.3 million for its 2013 third quarter, an increase of 51.7 percent compared to ...
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Midwest

UPS Driver in Michigan Works 51 Years, No Crashes

UPS driver Tom Camp from Livonia, Mich., and his big, brown truck have done something no other UPS driver has accomplished: 51 years ...

Former Kansas City Worker Admits Insurance Fraud

A former Kansas City municipal court employee has pleaded guilty in a scheme to use an insurance member benefit program to illegally rack ...

Joplin Man Held Without Bail in Planned Parenthood Arson Case

A federal judge has ordered no bail for a southwest Missouri man suspected of setting fires at a Planned Parenthood facility and an area ...

Manufacturer Faces Nearly $148K in Fines for Amputation Hazards in Ohio

Napoleon Spring Works Inc., a manufacturer of garage door hardware, has been cited $147,600 in proposed penalties by the U.S. Department of ...
Southeast

9 with Cancer Sue DuPont Over West Virginia Plant Chemical

Nine Ohio and West Virginia residents who have cancer and other diseases have filed federal lawsuits this month against chemical giant ...
South Central

Louisiana Citizens Insurance Settles Remaining 2005 Hurricane Claims

A state-run insurance company of last resort in Louisiana has settled the remaining claims in a class-action lawsuit tied to how it handled ...

Armstrong Loses Key Ruling in Bonus Money Fight with Insurer

A Texas insurance company that specializes in promotions and prizes is closer to forcing Lance Armstrong to return about $12 million in ...

Frost Insurance Acquires Kolkhorst Insurance Agency in Houston

Frost Insurance announced it has acquired Kolkhorst Insurance Agency, an independent Houston-based insurance agency that offers a full ...

Billions in Flood Insurance Liability at Stake from Central Texas Storms

Central Texas is mopping up after strong storms dumped more than a foot of rain in some areas, and many homeowners likely will be hoping ...
West

Montana, Feds To Seek Damages From Exxon Spill

Montana and federal officials say they'll seek compensation from Exxon Mobil Corp. for natural resource damages caused by a crude oil spill ...

California City's Bid To Close Sriracha Plant Denied

A judge has refused to order an immediate halt to production of the internationally popular hot sauce Sriracha at a Southern California ...

Nevada HOA To Pay $65K After Banning Family's Ambulance

A Las Vegas homeowners association agreed to pay $65,000 to a family after refusing to allow them to park an ambulance they used for their ...

Wyoming Outdoor Leadership School Sued Over 2011 Death

The mother of a 20-year-old Minnesota man has filed a wrongful death lawsuit against the Lander, Wyo.-based National Outdoor Leadership ...

FBI: California Senator Tied up in Workers' Comp Fraud

An FBI investigation shows that state Sen. Ronald Calderon accepted bribes from a hospital executive in Southern California who ran an ...
International

Emerging Economies Nearing Half of Global Warming Emissions

Total greenhouse gas emissions by China and other emerging nations since 1850 will surpass those of rich nations this decade, complicating ...

AXIS Capital Reports $137 Million Q3 Net Income; $512 Million 1st 9 Months

Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the third quarter of 2013 of $137 ...

Aspen Posts $107.4 Million Q3 Net Income

Bermuda-based Aspen Insurance Holdings Limited reported net income after tax of $107.4 million, or $1.43 diluted net income per share, for ...
Writing Property and Liability Coverage for Condos - get this mini-book for just $12.95 from Academy of Insurance

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Insurance Journal TV

Video thumbnail

A World With or Without TRIA

Since the creation of the federal terrorism reinsurance program in 2002 until now the market...
Video thumbnail

Aon Benfield's Adam Podlaha Explains Cat Models - and More

Insurance Journal's Charles Boyle interviewed three specialists from Aon Benfield's...

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

Erie Insurance, feedback please.
Posted: Thu Oct 31 -- I would stay away from Erie. Erie has appointed too many agents and their competitive position has taken a turn for the worse. Erie's... randrew54
CA liability coverage for product - Gopher Gasser
Posted: Thu Oct 31 -- My client is a California wholesalers for garden supplies. They're looking for liability coverage for their new product - Gopher Gasser. The... antagent
Travelers reducing commissions
Posted: Wed Oct 30 -- It's not an 8% cut, it's actually a 20% cut: 15% x .80 = 12%. Despite the cut,... gforaker
7 day insurance policy
Posted: Tue Oct 29 -- Justin, Unfortunately, that program is exclusive to LA Insurance. If you really want access to it, you could access it by becoming an LA... PiP
becoming appointed
Posted: Tue Oct 29 -- Try an Aggregator/Cluster group. By joining you get instant access to preferred markets, higher commissions and contingency opportunities... PiP
New Insurance Agency
Posted: Tue Oct 29 -- It is very difficult to get an appointment as a new agency...we were only able to do so because I was one of the top performing captive... Pathwayinsurance
It can happen to us too
Posted: Tue Oct 29 -- We also had a claim, not theft related but our water heater burst in our office causing much damage. We tell... Pathwayinsurance
New Phone Line System Help
Posted: Mon Oct 28 -- As someone who has been on the traditional PBX system, to VOIP (to another VOIP) and then finally moved back to a traditional PBX. I was on... Smalltownagent

Reader Comments

Idaho Lawsuit Is Latest Claim Against Remington
Posted: Mon Oct 28 -- basic principle of firearm use/handling: never point it in any direction that might cause injury should it misfire. why would he have been... bob
Bipartisan Deal Reached to Delay Flood Insurance Premium Hikes: Waters
Posted: Mon Oct 28 -- I am still laughing. Where are all my capitalistic, market crazy Republican friends who should be insisting the rates be market rates, no... JohnS
Alabama Couple Sues Kentucky Motel Owners for $5M Over Illness
Posted: Mon Oct 28 -- Yet another blatant example of throwing a high number in the air in the hopes the motel's carrier will settle for less. How in the hell did... Scott
Insurance, Tax, Climate Groups Hit Possible Delay in Flood Insurance Changes
Posted: Mon Oct 28 -- Maybe the govt should stop sending out $25 billion yearly to other anti-American countries and use the funds to solidify the FEMA/NFIP... Earl Murphy
Usage-Based Auto Insurance on Road to Becoming Standard Offering
Posted: Wed Oct 30 -- For years, auto carriers used proxys to predict future loss history such as insurance scores, marital status, location, etc. So-called... Auto PM

Current Issue

October 21, 2013
Current Issue
Top Commercial Lines Agencies; Risks of the New Economy: High Tech, Biotech, Nanotech, Robotics, Media / Cyber Liability, Alternative Energy, Green Building & Car / Home Sharing; Commercial Property

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Choose Newsletters
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How to Advertise

For information about advertising on this newsletter and Insurance Journal magazines, contact Julie Tinney at (800) 897-9965 x148.
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.