Nov 21, 2013

Daily Headlines: Thursday, November 21, 2013

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Insurance Journal Daily Headlines
November 21, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Prospects Dim for Bills to Delay Flood Insurance Rate Hikes

Efforts to delay implementation of changes in the federal flood insurance program have run into roadblocks on both sides of Capitol Hill. ...

States, Insurers Working on Ways to Bypass Obamacare Federal Exchange

States and insurers are already working to bail out President Barack Obama's healthcare overhaul, anticipating the system's online ...

State Insurance Commissioners Lack Consensus on Cancellations

Kansas, North Dakota and other state insurance commissioners snubbed a meeting with President Barack Obama set up to discuss allowing some ...

NCAA Sues Video Game Maker Over College Athlete Settlement

The National Collegiate Athletic Association sued Electronic Arts Inc., saying the video-game maker hasn't agreed to indemnify the NCAA for ...

The Charity Issue: How the Insurance Industry Helps

Does your insurance organization support the community? Over the years, Insurance Journal has discovered numerous stories of how agents, ...

Deputy Treasurer Nominee Says Bank Regulations Not Right for Insurers

President Barack Obama's nominee to serve as deputy U.S. Treasury Secretary told lawmakers on Wednesday she believes that large ...

XL Group, America Contractor's Insurance Group Partner to Improve Contractor Quality

XL Group has partnered with the American Contractor's Insurance Group (ACIG), construction industry owned insurance organization, to ...

From MyNewMarkets.com New Programs, Flexibility Help Contractor Segment Rebuild

Those that specialize in the contractors and builders segment say a lot has changed in this class since 2007. The recession forced the...
Carrier Management

Employees Stressed But Not For Reasons Employers Think: Research

Employers know that their employees are stressed at work, and rank stress as the number one workforce risk issue,...
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East

USI Insurance Relocates Corporate Headquarters to Valhalla, N.Y.

USI Insurance Services recently moved its corporate headquarters from Briarcliff Manor, N.Y. to nearby Valhalla, N.Y. USI said its ...

Connecticut Opens 2 Additional Sandy Relief Centers for Disaster Assistance

The state of Connecticut is opening two additional intake centers to help homeowners seeking disaster assistance for losses caused by last ...

N.Y. Doc Acquitted of Participating in $275M No-Fault Insurance Scheme

A Long Island, N.Y., doctor has been acquitted of participating in a $275 million scheme to defraud no-fault auto insurers. Joseph Vitoulis ...

FM Global in Rhode Island Appoints Manager of Broker Relations

Johnston, R.I.-based FM Global appointed Randall Schreitmueller vice president, manager of broker relations, a newly created position at ...

In Connecticut, Number of Insurance Sector Employees Fell Slightly in 2012: Report

A report this month from Connecticut's Insurance & Financial Services (IFS) Cluster and PwC shows there was a slight decline in the number ...
Insurance Journal
Insurance Journal's 2014 Events Calendar will be published in our January 13, 2014 magazine, so it's going to be a valuable resource for readers who are planning to attend industry events.
Submit your industry events for consideration!
Midwest

New Assessment: At Least 15 Tornadoes Hit Illinois

New damage assessments from the National Weather Service show that at least 15 tornadoes hit Illinois during the outbreak of ...

Illinois Employer to Pay $10K Penalty for Lack of Workers' Comp Insurance

An uninsured employer in Illinois has pled guilty to a Class 4 felony for refusing to obtain workers' compensation insurance, the Illinois ...

Independent Insurance Agents of Indiana Installs Officers for 2014

The Independent Insurance Agents of Indiana Inc. (Indiana Big "I") has installed its slate of officers for 2014. The executive committee ...

Illinois Independent Agency, Williams-Manny, Joins Keystone Insurers Group

Keystone Insurers Group announced that Williams-Manny Inc. of Rockford, Ill., has become its second franchise partner in Illinois. ...
Southeast

Kentucky Judge Hits Accounting Firm with $99M Fraud Judgment

A large Chicago-based accounting firm has been hit with a $99 million judgment stemming from a fraud lawsuit brought by a Kentucky family ...

Most West Virginia Mines Lack Automatic Shutdown Systems on Machinery: Report

Four percent of underground equipment in West Virginia coal mines are fitted with detectors that automatically shut down mobile machinery ...

Tennessee Focused on Reducing Highway Traffic Deaths

The Governor's Highway Safety Office and the Tennessee Highway Patrol are reaching out to communities across the state to offer help in ...
South Central

Lack of Liability Insurance Shutters Police Dept. in Louisiana Town

With the end of the Sorrento Police Department's liability insurance coverage just a few hours away, the Town Council voted 5-0 to select ...

IIAT: Independent Agents Guide Consumers Through Affordable Care Act

In a Nov. 14 address on the troublesome roll out of healthcare.gov and the public outcry over the cancellation of less expensive individual ...

Texas-Based Service Lloyds Insurance Announces Management Changes

Service Lloyds Insurance Co., based in Austin, Texas, announced that G. Steven Collier has been named the company's director of ...

Louisiana Workers' Compensation Corp. Promotes Johnson, Page

Louisiana Workers' Compensation Corp. (LWCC) announced that it is aligning its Safety and Communications Departments, and has promoted ...

Oklahoma Mourns Loss of Former Assistant Insurance Commissioner Garrett

The Oklahoma Insurance Department is mourning the loss of former chief examiner and assistant commissioner, Stephen P. Garrett, 69, who ...
Sponsored by: Texas Mutual Insurance Company. Hats off to our agents for another great year! Texas Mutual Insurance Company is rated 'A' by A.M. Best Company. Click here for more information.
West

California Lesbian Teacher Files Discrimination Suit

A lesbian teacher in California has filed a lawsuit against Hesperia Unified School District that alleges unlawful discrimination, ...

Lawsuit: California Student Recruited To Help In Drug Bust

The mother of a California middle school student has sued the school district, claiming her 14-year-old son was used as bait during an ...

Wyoming City Weighs Ban On Cellphone Use While Driving

The Jackson Town Council is considering a ban on cellphone conversations while driving that could start in Wyoming town in mid-December. ...

ACIC's Feliciano to Chair California State Bar Insurance Committee

The business law section of the California State Bar named Armand Feliciano as chair of the Insurance Committee for 2013-2014. Feliciano is ...

RiskPoint in Oregon names Schellenberg Managing Principal

Portland, Ore.-based RiskPoint Insurance Advisors LLC named Blake Schellenberg managing principal. Schellenberg  becomes one of four ...

LA Auto Show: Connected Cars Coming Out of the Barn

Remember driving to the nearest pay phone to return a page? That's about as far away from today's technology as was the horse drawn ...
International

German Finance Chief Schaeuble Vows to Help Insurers Vying with Low Interest Rates

German Finance Minister Wolfgang Schaeuble issued an unusual warning to the European Central Bank on Thursday, saying rate decisions must ...

Amid Asset Sale Talk, RSA CEO Sees Emerging Market Potential

RSA Insurance Group Plc Chief Executive Officer Simon Lee said the insurer has further growth potential in emerging markets and maintains a ...

UPDATE: Swiss Re Buying Zurich's Stake in New China Life for $493 Million

Swiss Re announced that it has entered into a transaction with Zurich Insurance Company Ltd to acquire a 4.9 percent stake in New China ...

Allied World Europe Appoints Burniston as Sr.VP - Primary Casualty

Allied World Assurance Company Holdings, AG announced that Denis Burniston has been appointed Senior Vice President, General Casualty for ...

Best Affirms Munich Re and Subs 'A+' Ratings; Outlook Stable

A.M. Best Europe - Rating Services Limited has affirmed the financial strength rating (FSR) of 'A+' (Superior) and issuer credit ratings ...

Ironshore's Pembroke Agency Launches Insurance for Satellite Financing

Ironshore International's Pembroke Managing Agency Limited has begun offering insurance coverage for lenders engaged in the financing of ...
Insurance Journal Blogs

Robin Roberts, John McEnroe & Bob Woodruff Featured Speakers for IICF Northeast Event

December 11 Dinner Benefits Charities NEW YORK (November 4, 2013) -- The Insurance Industry Charitable Foundation (IICF) Northeast division ...

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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...
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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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New Discussions in the Forums

is a physical exam necessary before taking life insurance?
Posted: Wed Nov 20 -- Without a paramed exam, most companies will only offer a small amount of coverage, and the rate, or cost per $1,000 of coverage, will be... lonestar
New Insurance Agency
Posted: Wed Nov 20 -- There are many choices(cluster groups, brokers etc..) out there. Just be careful of the contracts that have a one or two year non-compete,... cyberbob
What is the significance of long term care planning today?
Posted: Tue Nov 19 -- It's one of the activities that one shouldn't put off these days. Why? Based on the most recent study, 70% of the adult population in the... racheljames
"Independent contractor" covered under "employer's" GL?
Posted: Mon Nov 18 -- A subcontractor is not covered as an insured on the insured's policy, but the association is covered. He needs to have his own GL coverage,... gforaker
Please Help! Moving from Virginia to North Carolina
Posted: Thu Nov 14 -- If you have to ask if a North Carolina resident can have a Virginia resident agent license you may want to enroll in the law and ethics CE... Charon
How expensive is long term care insurance?
Posted: Thu Nov 14 -- It's true that long term care insurance rates com with a high price tag. Based from this... racheljames

Reader Comments

Oregon Toddler's Family Sues Complex Over Abuse
Posted: Thu Nov 14 -- My question is, why was the 3 year old child left to play outside, or wherever without supervision by the parents? What parent, would allow... Secret Agent Girl
State Proposals to Mandate Insurance for Gun Owners Falter
Posted: Tue Nov 19 -- Even if they buy insurance, did anyone ever hear of an exclusion for intentional acts? This is just an attempt at creating a barrier to... Mike
Former Kansas Player Sues NCAA Over Head Trauma
Posted: Fri Nov 15 -- I feel bad for the football players who now are suffering from head trauma related symptoms, but how is the blame residing with the NCAA or... Troy Acheman
Insurers, Regulators Question Obama's Healthcare Promise 'Fix'
Posted: Sun Nov 17 -- The President has about as much authority to change the plain text of a law passed by Congress as I do. So he gets up there on his bully... Dandy Don
10 Ideas Chosen for Coastal Shields in New York, New Jersey
Posted: Tue Nov 19 -- How about a wall around the island made out of sponge? It could soak up the excess water, and slowly evaporate over time. Cheetoh Mulligan

Current Issue

November 18, 2013
Current Issue
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Insurance Journal
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San Diego, CA 92108
(800) 897-9965
Copyright © 2013 by Wells Media Group, Inc.

Nov 20, 2013

Daily Headlines: Wednesday, November 20, 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 20, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

FEMA Seeks Dismissal of Mississippi Suit to Block Flood Insurance Rate Hikes

The federal government is urging a federal court to dismiss a Mississippi insurance department lawsuit seeking to halt flood insurance rate ...

Fed Chair Nominee Yellen Vows to 'Carefully Consider' SIFI Rules for Insurers

Federal Reserve Vice Chairman Janet Yellen said the central bank will "carefully consider" how to apply new regulatory standards to ...

Tower Group Update: CEO Says Insurer Will Meet Obligations

A day after Tower Group International Ltd. disclosed "substantial doubt about the company's ability to continue as a going concern," the ...

From MyNewMarkets.com New Programs, Flexibility Help Contractor Segment Rebuild

Those that specialize in the contractors and builders segment say a lot has changed in this class since 2007. The recession forced the...
Carrier Management

We Can Write Terror Risk: Part II

The leader of a firm thought to be the world's largest investment manager of catastrophe bonds told federal lawmakers...
Insurance Journal
Insurance Journal's 2014 Events Calendar will be published in our January 13, 2014 magazine, so it's going to be a valuable resource for readers who are planning to attend industry events.
Submit your industry events for consideration!
East

New York to Buy Homes in Staten Island Neighborhood Hit by Sandy

Residents of a flood-prone area battered by Superstorm Sandy are getting a financial lifeline, with New York state officials announcing a ...

D.C. Mayor Signs Immigrant Driver's License Bill

Starting next year, people living in the nation's capital who don't have legal permission to reside in the United States will be able to ...

Expenses for Penn State Scandal Near $52M

Penn State's costs related to the Jerry Sandusky child sex-abuse scandal are nearing $52 million. A university website shows the school has ...

USI Insurance Appoints Senior VP in New York Metro Office

USI Insurance Services appointed Raymond Bascio as senior vice president. He is based in USI's New York metropolitan office. Bascio brings ...
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Midwest

Safenet Commercial Insurance Agency Welcomes Geisler as Senior VP

Kristin Taylor Geisler has joined St. Paul, Minn.-based Safenet Commercial Insurance Agency as a senior vice president. Geisler has many ...

Drowsy Driving a Leading Cause of Ohio Crashes

State statistics analyzed by a newspaper show injury crashes blamed on drowsy driving are on the rise in Ohio. The Ohio Department of ...

Claims Filing Begins Following Midwest Storms

Two Illinois-based insurers say they've received about 6,000 claims so far from Sunday's tornadoes and they expect that figure to climb. ...

Hundreds of Homes Destroyed by Midwest Tornado Outbreak: AIR

Hundreds of homes were flattened by the outbreak of intense late-season thunderstorms accompanied by high winds, quarter-to-baseball sized ...
Southeast

North Carolina Compounding Pharmacy Recalls Products

A compounding pharmacy in Asheville is recalling sterile products because of the possibility of contamination. Nature's Pharmacy and ...
South Central

Texas Man Sentenced on Workers' Comp Fraud

Texas Mutual Insurance Co. reported that a Travis County district court sentenced Terrance Hopkins of Tyler on workers' compensation ...

Texas Workplace Injury, Illness Rate Again Below U.S. Rate

The Texas incidence rate of nonfatal injuries and illnesses in private industry was 2.7 cases per 100 equivalent full-time workers in 2012, ...

Access Home Insurance to Take Nearly 10K Policies from Louisiana Citizens

Access Home Insurance Co. (Access Home) announced it has received authorization to assume nearly 10,000 policies and more than $19 million ...

Texas Surplus Lines Association Elects New Officers

The Texas Surplus Lines Association Inc. announced the election of new officers and directors at its annual meeting in Austin on Nov. 11. ...
Sponsored by: Texas Mutual Insurance Company. Hats off to our agents for another great year! Texas Mutual Insurance Company is rated 'A' by A.M. Best Company. Click here for more information.
West

Insurer Sues Over 2011 Hawaii Wind Farm Fire Losses

The insurance company that paid $2.4 million to cover losses from a wind farm fire in Hawaii is suing manufacturers that built parts of its ...

Former Idaho Councilman Gets Jail Time For Insurance Fraud

A former councilman from the eastern Idaho town of Rigby has been sentenced to 150 days in jail and 10 years of probation for insurance ...

Blackfeet In Montana Sue US Government Over Flood Damage

The Blackfeet tribe's housing agency  in Montana is suing the U.S. government for more than $1.2 million over damage to homes that were ...

Suncor in Colorado To Pay $1.9 Million To Settle Oil Lawsuit

Suncor oil refinery operators have agreed to pay $1.9 million to settle a lawsuit by federal and state authorities over a toxic spill that ...

Oregon Court Tosses Right to Farm Challenge

The Oregon Court of Appeals has rejected a constitutional challenge to Oregon's Right to Farm law, but parties to the case say the question ...

Fall From Boulder Building Kills Worker

A construction worker is dead after falling from a roof he was working on in Boulder, Colo. Police say the 51-year-old man was working on a ...

Heffernan Names Catanese Assistant Vice President in Southern California

Heffernan Insurance Brokers named Zach Catanese assistant vice president in its Orange County, Calif. office. Catanese will focus on new ...
Sponsored by: CIWA. Wholesaler Brokers, E and S Carriers and Vendors: You absolutely must watch this video! California Wholesaler Industry Days. Jan. 8-10, Hilton Torrey Pines, La Jolla, CA. Click here for more information.
International

World Falling Behind in Race to Cut Carbon Emissions: Study

The world is getting further off track in limiting global warming with setbacks in Japan and Australia outweighing positive signals from ...

Zurich Insurance Seeks $943 Million for Stake in New China Life

Zurich Insurance Group AG is selling its entire stake in New China Life Insurance Co. for $943 million, or HK$25 a share, according to the ...

Allianz Expects Boost from Cyber Insurance Sales; East Europe, Asia, Brazil Markets

Allianz SE, Europe's biggest insurer, said markets such as Asia, Brazil and eastern Europe as well as products that protect against cyber ...

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Insurance Journal TV

Video thumbnail

Markets in Motion - Sports & Entertainment Venue

The 650,000 square foot Honda Event Center in Anaheim, Calif. holds thousands of people at any...
Video thumbnail

A World With or Without TRIA

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

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

is a physical exam necessary before taking life insurance?
Posted: Wed Nov 20 -- Without a paramed exam, most companies will only offer a small amount of coverage, and the rate, or cost per $1,000 of coverage, will be... lonestar
New Insurance Agency
Posted: Wed Nov 20 -- There are many choices(cluster groups, brokers etc..) out there. Just be careful of the contracts that have a one or two year non-compete,... cyberbob
SCUBA Dive Shop
Posted: Tue Nov 19 -- Thank you for the replies. Will give Bliss and Glennon a call. Definitely been a tricky one! mce23
What is the significance of long term care planning today?
Posted: Tue Nov 19 -- It's one of the activities that one shouldn't put off these days. Why? Based on the most recent study, 70% of the adult population in the... racheljames
"Independent contractor" covered under "employer's" GL?
Posted: Mon Nov 18 -- A subcontractor is not covered as an insured on the insured's policy, but the association is covered. He needs to have his own GL coverage,... gforaker
Please Help! Moving from Virginia to North Carolina
Posted: Thu Nov 14 -- If you have to ask if a North Carolina resident can have a Virginia resident agent license you may want to enroll in the law and ethics CE... Charon
How expensive is long term care insurance?
Posted: Thu Nov 14 -- It's true that long term care insurance rates com with a high price tag. Based from this... racheljames

Reader Comments

Oregon Toddler's Family Sues Complex Over Abuse
Posted: Thu Nov 14 -- My question is, why was the 3 year old child left to play outside, or wherever without supervision by the parents? What parent, would allow... Secret Agent Girl
State Proposals to Mandate Insurance for Gun Owners Falter
Posted: Tue Nov 19 -- Even if they buy insurance, did anyone ever hear of an exclusion for intentional acts? This is just an attempt at creating a barrier to... Mike
Former Kansas Player Sues NCAA Over Head Trauma
Posted: Fri Nov 15 -- I feel bad for the football players who now are suffering from head trauma related symptoms, but how is the blame residing with the NCAA or... Troy Acheman
Senate Expected to Pass Gay Workplace Rights Bill Opposed by House
Posted: Wed Nov 13 -- Why Not, I would venture to guess you don't believe people need to hide their ethnicity, right? (I have the vision of that SNL skit when... Captain Planet
Insurers, Regulators Question Obama's Healthcare Promise 'Fix'
Posted: Sun Nov 17 -- The President has about as much authority to change the plain text of a law passed by Congress as I do. So he gets up there on his bully... Dandy Don

Current Issue

November 18, 2013
Current Issue
Top Personal Lines Retail Agencies; Assisted Living / Long Term Care; Contractors & Builders; Regional Wall Calendar - Sponsor a Month

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Enter Your E-mail

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 19, 2013

Daily Headlines: Tuesday, November 19, 2013

Sponsored by: Burns and Wilcox. Healthcare Professionals and Organizations. The Key to Gaining Access to Exclusive Markets. Click here for more information.
Insurance Journal Daily Headlines
November 19, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

State Proposals to Mandate Insurance for Gun Owners Falter

Plans to mandate liability coverage for U.S. gun owners after last year's school shooting in Connecticut have languished as opponents ...

Workers' Compensation Results Improved in 2012

The workers' compensation industry's results improved in 2012. Premiums grew for the second straight year, the combined ratio improved, and ...

Car Makers Offered Relaxed Regulation for Installing Ignition Lock Tied to Seat Belt Use

A U.S. regulator's offer to relax auto safety rules for manufacturers that install technology to prevent drivers from starting a car unless ...

Google Reaches $17M Privacy Settlement with 37 States

Google Inc. has reached a $17 million settlement with 37 U.S. states over its circumvention of privacy settings for some Internet users. ...

Fowler Named President of Premium Finance Firms

Richard E. Fowler has been named president and chief executive officer of AFCO, CAFO and Prime Rate Premium Finance Companies. Fowler ...

Scientists Develop Breakthrough Computer Forecasting Models for Wildfires

Scientists have developed a new computer modeling technique that offers the promise, for the first time, of producing continually updated ...

Businesses Urge IRS to Reduce Data Reporting Under Obamacare

The U.S. Internal Revenue Service is under pressure from some businesses to reduce the information they may soon have to collect and report ...

From MyNewMarkets.com California State Fund CEO and CFO Resign

Two top executives at California's State Compensation Insurance Fund have resigned. State Fund President and CEO Tom Rowe and Chief...
Carrier Management

Tower Update: We Will Meet Obligations, CEO Says

A day after Tower Group International Ltd. disclosed "substantial doubt about the company's ability to continue as a...
Sponsored by: Catlin. A complicated business requires a partner who understands complex risks. Click here for more information.
East

10 Ideas Chosen for Coastal Shields in New York, New Jersey

Here's one way to stop the floodwaters the next time a monster like Superstorm Sandy comes ashore in New York City: Build an 8-mile-long ...

Connecticut Regulator Revokes License of Broker Mired in Insurance Controversy

Connecticut's insurance department last week revoked the insurance licenses of Earl O'Garro Jr. and his insurance brokerage firm, Hybrid ...

Brain-Damaged Inmate Settles With Penn. County; Insurer to Pay $65K

A northwestern Pennsylvania county's insurance company is paying $65,000 to settle claims by a former inmate left brain-damaged after a ...

Cook Maran Promotes 6 Staff Members to Vice President in N.Y., N.J.

Cook Maran & Associates, an insurance broker and consulting firm with offices in East Hampton, Southampton and Melville, N.Y. as well as in ...
Homeowners Association Directors and Officers - New webinar from Academy of Insurance
Midwest

Insured Loss for Midwest's Rare November Tornadoes Could Top $1B: RMS

The Nov. 17 tornadoes in the Midwest could become the insurance industry's first billion-dollar severe weather event to occur in November, ...

Iowa Court: Immigrant Worker on Expired Visa Gets Workers' Comp

The Iowa Supreme Court has ruled that a West Liberty woman, an immigrant from Mexico who stayed in the United States after her visa had ...

Forecasters: Illinois Twister Had Winds of Up to 190 mph

National Weather Service said a tornado that struck the central Illinois community of Washington had winds between 170 and 190 miles per ...

12 Indiana Counties Report Tornadoes or Damage

Severe thunderstorms packing tornadoes and heavy winds rolled across Indiana on Sunday, injuring at least one person and causing widespread ...

Indiana Farm Bureau Insurance Selects Martin as CEO

Indiana Farm Bureau Insurance announced that Joseph A. Martin, the company's current chief operating officer (COO) and senior vice ...
Southeast

Some Interest in Selling Private Flood Insurance in Florida Surfaces

With increases in federal flood insurance rates looming, two insurance providers have said they are prepared to sell private flood policies ...

Mississippi Firms Want City, Road Contractor Held Liable for Lost Business

Four businesses on a busy Hattiesburg Street are suing Hattiesburg city government, claiming a street improvement project has cost them ...

University of Alabama Does What It Takes to Protect Trademark

University of Alabama officials say the school has issued 153 cease and desist letters in the past decade to businesses and people accused ...
South Central

Horner Insurance Services and South & Western Join Forces

Dallas, Texas-based South & Western General Agency Inc. has merged with Horner Insurance Services Inc. of Memphis, Tenn. As an MGA ...

Texas Opening Doors to Captive Insurers

The Texas Department of Insurance has begun accepting applications from captive insurance companies located in other jurisdictions that ...

Insurance Network of Texas Announces New Austin Location

Insurance Network of Texas announced it opened new location in Austin on Nov. 15 that will serve as headquarters for its professional ...

Attorneys Argue Over Oklahoma Workers' Comp Law

Oklahoma's new workers' compensation law violates the state Constitution in several ways and should be struck down, an attorney for two ...
Sponsored by: Specialty Insurance Managers, Inc. Exclusive Welder Program. In-house Quoting and Binding Authority. Click here for more information.
West

Governor: Disaster Cited For Alaska Area Hit By Storms

Governor Sean Parnell has declared coastal western Alaska areas ravaged by storms state disaster zones. The governor made the announcement ...

Northern California Man Sent To Prison After 8th DUI

A Northern California man has been sentenced to five years in prison following his eighth conviction for driving under the influence. The ...

California's State Fund Board Declares $100M Dividend

The board of directors for California's State Fund Compensation Insurance approved a $100 million dividend to qualifying policyholders ...

SCM Names Paganas Vice President in Southern California

SullivanCurtisMonroe Insurance Services LLC named John Paganas a vice president in its Irvine, Calif. office. Prior to joining SCM, Paganas ...
International

Past, Future Collide As Mexico Battles Over GMO Corn

After pioneering the cultivation of corn thousands of years ago, Mexico must overcome the weight of history to give the go-ahead to allow ...

Bangladesh Garment Workers Protest After Two Deaths

Bangladesh garment workers took to the streets today in the Ashulia industrial zone outside of the capital Dhaka, protesting the ...

Ironshore Australia Launches Marine Unit to Cover Fine Art, Specie, Cargo Classes

Ironshore Australia has entered the fine art, specie and cargo insurance sectors in Australia through the creation of a new marine unit. ...

Swiss Re to Buy Stake in Brazil's Sul America

Swiss Re Ltd., the world's second- largest reinsurer, agreed to buy an 11 percent stake in Sul America SA from ING Groep NV to expand in ...
Are you Hiring? Post your job opening on Insurance Journal's Job Board!

Insurance Journal Blogs

Burand's Agency E&O Blog: Tip #49

Date Stamping. Could any E&O blog address a simpler subject than date stamping? Maybe not, but date stamping correctly to mitigate E&O ...

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Insurance Journal TV

Video thumbnail

Markets in Motion - Sports & Entertainment Venue

The 650,000 square foot Honda Event Center in Anaheim, Calif. holds thousands of people at any...
Video thumbnail

A World With or Without TRIA

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

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

What is the significance of long term care planning today?
Posted: Tue Nov 19 -- It's one of the activities that one shouldn't put off these days. Why? Based on the most recent study, 70% of the adult population in the... racheljames
"Independent contractor" covered under "employer's" GL?
Posted: Mon Nov 18 -- A subcontractor is not covered as an insured on the insured's policy, but the association is covered. He needs to have his own GL coverage,... gforaker
Electronic Cigarette Product Liability
Posted: Mon Nov 18 -- I am looking for a company that not only provides liability, but also product liability. The current companies we are working with either do... MarchInsGp
Insurance Noodle Non-Compete Clause
Posted: Sat Nov 16 -- Hi All - I am a start up Agency trying to determine if I should sign up with insurance noodle or just go the MGA route. What I like about... token13
Please Help! Moving from Virginia to North Carolina
Posted: Thu Nov 14 -- If you have to ask if a North Carolina resident can have a Virginia resident agent license you may want to enroll in the law and ethics CE... Charon
How expensive is long term care insurance?
Posted: Thu Nov 14 -- It's true that long term care insurance rates com with a high price tag. Based from this... racheljames
Free CE Classes in Martinsville and Danville, VA
Posted: Wed Nov 13 -- Not sure of any free CE in your area but IRMI has some great pricing for their online CE classes. You can take... Helenhsu45
Georgia and Mississippi WC Exemption question
Posted: Wed Nov 13 -- Thanks! I wondered if it was something ambiguous like that! rcenters

Reader Comments

Clinton, Democrats Pressure White House to Amend Healthcare Law
Posted: Wed Nov 13 -- Am I the only one absolutely shocked that at 9:54 AM there are not at least 300 comments on this article??? ralph
Oregon Toddler's Family Sues Complex Over Abuse
Posted: Thu Nov 14 -- My question is, why was the 3 year old child left to play outside, or wherever without supervision by the parents? What parent, would allow... Secret Agent Girl
Senate Expected to Pass Gay Workplace Rights Bill Opposed by House
Posted: Tue Nov 12 -- Bob - I am sorry you had those experiences with Democrats in your youth. When I was still in school, I didn't even know the difference... Libby
Detroit Mayor-Elect Duggan's Plans Include City-Run Auto Insurer
Posted: Wed Nov 13 -- "Among his goals: A city-run auto insurer to bring down rates that he says drive people out." Oh yeah, they've done everything else so well,... Whodathunkit?
Former Kansas Player Sues NCAA Over Head Trauma
Posted: Fri Nov 15 -- I feel bad for the football players who now are suffering from head trauma related symptoms, but how is the blame residing with the NCAA or... Troy Acheman

Current Issue

November 18, 2013
Current Issue
Top Personal Lines Retail Agencies; Assisted Living / Long Term Care; Contractors & Builders; Regional Wall Calendar - Sponsor a Month

More Newsletters

Choose Newsletters
Enter Your E-mail

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.

Insurance Journal TV: Growing Through Predictive Analytics: Towers Watsons Serhat Guven Explains

Insurance Journal TV
November 19, 2013
Feature Video

Growing Through Predictive Analytics: Towers Watson's Serhat Guven Explains

During an interview at the PCI conference in October Serhat Guven, a director at Towers Watson, explains how property/casualty insurers are using big data sets and predictive...

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