Jun 28, 2011

Insurance Journal TV: Mobile Food Vendor Insurance Market Trucking at High Speed

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June 28, 2011
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Mobile Food Vendor Insurance Market Trucking at High Speed

Insurance experts hungry for new business have found the mobile food truck business to be one of the healthier growth markets in the past few years. Technology can help to service...

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Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
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Copyright © 2011 by Wells Publishing, Inc.

Jun 27, 2011

Daily Headlines: Monday, June 27, 2011

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Insurance Journal Daily Headlines
June 27, 2011
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Wal-Mart Plaintiffs Seek More Time to Pursue Cases

Attorneys representing women who unsuccessfully sued Wal-Mart Stores Inc. for gender discrimination filed a motion Friday asking a U.S. ...

The Aftershocks of Vulnerable Supply Chains

The massive earthquake and tsunami that hit Japan in March has led to supply chain disruptions around the world, sending a wakeup call to ...

Delays, Financing Risks More Common for Today’s Construction Projects

While brokers on construction projects have historically focused primarily on owners and contractors, economic uncertainty has created a ...

From MyNewMarkets.com 4 Things Agents Should Do to Avoid E&O Claims

After handling insurance coverage claims for years, a distinct pattern has emerged: sometimes the insurance agent gets "caught in the...
Sponsored by: Maritime Program Group. Builders Risk Insurance. Click here for more information.
East

Rhode Island Senate Passes Seat Belt, Cell Phone Driver Bills

The Rhode Island Senate has advanced two bills on driver safety, one boosting seat belt enforcement and another banning young drivers from ...

Massachusetts Obtains Credit Insurance Refunds for Customers

Massachusetts consumers who purchased credit unemployment insurance from Wesco Credit Insurance Co. will be getting premium refunds under a ...

Connecticut Insurance Licensing Going Paperless

Applying for insurance licenses in Connecticut is about to become a paperless experience. Connecticut Insurance Commissioner Thomas B. ...

Vermont to Hold Meetings This Week on Flood Aid

Vermont communities in counties that were declared a disaster from spring flooding will get some help applying for federal aid. The Vermont ...

New York, Swiss Insurance Authorities Sign Cooperation Pact

The New York State Insurance Department and the Swiss Financial Market Supervisory Authority (FINMA) have agreed to a memorandum of ...

Travelers Tournament Raises $1 Million for Charity

The 2011 Travelers Championship will generate in excess of $1 million for charity, including commitments from Travelers, bringing the ...

O’Reilly To Oversee Mid-Atlantic for PHLY

Philadelphia Insurance Companies (PHLY) has promoted Brian O'Reilly to senior vice president of marketing. O'Reilly, who started his ...
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Midwest

Flooding Damages Thousands of North Dakota Homes

The Souris River crested nearly 2 feet lower than expected in Minot, N.D., where city officials hoped to ride out the high water without ...

Missouri Governor Extends Order Protecting Insurance Policyholders in Joplin

Missouri Gov. Jay Nixon has extended his executive order providing emergency protections for the insurance coverage of Joplin-area ...
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Southeast

North Carolina Gov. Perdue Vetoes Malpractice Cap, OKs Work Comp Bill

North Carolina Gov. Beverly Perdue vetoed another bill Friday pushed by the Republican majority at the Legislature, this time changes to ...

Alabama Ranks First in Severe Tornadoes

The upgrade of one of the April 27 tornadoes to an EF5 ranking puts Alabama at No. 1 in the nation for the most severe tornadoes. The ...

Traffic Tickets to Cost Tennesseans More

Tennesseans could be charged up to nearly $70 more for traffic tickets under a new state law that takes effect next month and is intended ...

Imprisoned Trial Attorney Scruggs Wants Corruption Conviction Tossed

Imprisoned former attorney Richard "Dickie'' Scruggs asked a federal court last week to throw out his conviction in the judicial corruption ...

Tennessee Aquarium Sued Over Child’s Bacterial Infection

The parents of a child who developed a bacterial infection after petting stingrays and sharks at Chattanooga's Tennessee Aquarium has filed ...
Academy of Insurance Webinar: Identifying Professional Liability Exposures
South Central

Arkansas Court Affirms Insurance Ruling in Bus Crash

The Arkansas Supreme Court has upheld a ruling by a lower-court judge that an insurance company is liable for twice the amount it had ...

Oklahoma Wildfire That Destroyed 13 Homes Under Control, Residents Return

A massive wildfire that destroyed 13 homes the Medicine Park, Okla., area was contained on June 25, allowing residents to return to their ...

Homeowners, City at Odds Over Flood Buyout Program in Oklahoma

Owners of homes in a Muskogee, Okla., subdivision want the city to give them fair market compensation for their homes as part of a ...
WEDNESDAY WEBINAR: Develop your leadership skills - new training from Insurance Journal Academy
West

Report: Pinnacol Execs’ $4.3M Package Could Change

Gov. John Hickenlooper and the new chairman of Pinnacol Assurance are looking into changing terms of a $4.3 million severance package for ...

Calif. Returns Workers’ Comp to ‘Bad Ole Days’

When the Fifth District Court of Appeal (DCA) in California refused to review the Workers' Compensation Appeals Board's (WCAB) en banc ...

Washington State Patrol Accident Reports Online

The Washington State Patrol says people will be able to go online to request an accident report for their insurance company and received it ...
International

Banks, Insurers Move Closer to Deal on Greek Bailout

Banks and policymakers moved closer to a deal on Friday to help Athens secure funds ahead of a parliamentary vote on austerity next week ...

China Accounting Scandals Put Big Four Auditors on Red Alert

The string of accounting problems and stock plunges at publicly traded Chinese groups has sparked deep concerns across the world's biggest ...

Canada, Other Countries Block Asbestos from UN Hazardous List

Chrysotile asbestos will not be listed as a hazardous industrial chemical that can be banned from import after countries including Canada ...

Green Joins UK’s Miller Facultative Re Team

UK Broker Miller Insurance Services Limited announced that it has appointed Andrew Green "to further enhance its global facultative ...
Sponsored Content

Jon Palmquist Joins NARS as General Counsel and Director of Field Operations

Altamonte Springs, Fl, 6/27/11 - North American Risk Services (NARS) has appointed Jon Palmquist to the newly created role of General ...

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New Discussions in the Forums

Non Compete Insurance?
Posted: Mon Jun 27 -- Thank you all for your input. From my experience non-competes are inforcable in NJ. After speaking with an underwriter a D&O policy seeems... Playitsafe
Agency Management Systems
Posted: Sat Jun 25 -- "We switched from TAM Online to AgencyPro from agencysoftware.com. Very pleased, great accounting, flexible.... aqualityinsurance
Should I accept Allied Appointment?
Posted: Wed Jun 22 -- We looked into Allied. When it got down to signing up....They wanted us to 'roll' a $350,000 book the first year. New business didn't count.... CSP
Astonish Results or Squid
Posted: Tue Jun 21 -- I easily concede the point that much of the personal lines shopping has gravitated to the web and the majority of those web quotes involve... d's insurance store
I'm Considering Opening an Independent Insurance Agency
Posted: Tue Jun 21 -- Regarding 'sweetie1859"s posting. SIAA certainly is one of the larger "cluster". The reason I did not join them is the charges they will hit... mygolden

Reader Comments

Wave of Lawsuits Hits Calif. Retail Stores
Posted: Mon Jun 20 -- The next time somebody tells lawyers are an important part of our commercial fabric, you can show them this. Nobody benifits from... Charlie
Even Low Blood Alcohol Level 'Buzz' Unsafe for Driving: Study
Posted: Tue Jun 21 -- I'm sure the millions and millions of people on powerful pain, anti-anxiety and anti-depressant meds are great drivers that always make... matt
Can U.S. Make Phoning While Driving as Taboo as Drunk Driving?
Posted: Fri Jun 24 -- Texting creates a level of distraction that is much higher than talking while driving. Research has found that just talking on a cell phone... Perplexed
How Much Is a Dad Worth?
Posted: Mon Jun 20 -- You are all funny - My husband was injured in a motorcycle wreck 6 years ago. He is a permanent stay home dad when he used to be the primary... Workin Hard

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Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2011 by Wells Publishing, Inc.

Leadership is not for Sissies

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New Class this Wednesday: Leadership Land Mines and How to Avoid Them
New Training from Academy of Insurance

Leadership Land Mines and How to Avoid Them

Tools & Strategies You Can Implement Immediately

Some people seem as though they were born with many of the qualities required to be a good leader; but the reality is that most of us need to work at being a good leader by continually developing our skills. As a natural part of our growth and development process, we are bound to make mistakes; and even the most seasoned leader can sabotage their success by losing focus and stepping on a destructive "land mine." Mistakes can certainly be detrimental to your success; and some mistakes can effectively end your career if you are not careful.

In this webinar, we will explore the most common land mines that can undermine your effectiveness as a leader; plus we will provide you with tools and strategies that you can immediately implement to overcome your mistakes and minimize their impact on your team.

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What you will learn in this webinar:

  • How to Identify Some of the Most Common Mistakes Leaders Make
  • Strategies to Help Avoid Making Critical Mistakes
  • Specific Steps to Rehabilitate Yourself if a Mistake is Made
  • A Process for Side Stepping Land Mines

When you register, you get:

  • Access to the live webinar
  • Video and Audio recordings, so you can watch or listen again
  • Question & Answer session with the instructor
  • Audio download of the webcast
  • Presentation slides download

Join us this Wednesday, June 29th for this one-hour training webinar. (PLUS, all registrants will receive video and audio recordings of the webinar, so you can listen/watch again at your convenience.)

Space is limited!

Click Here to Reserve Your Spot!

Regularly priced at $129.00, just $89 when you
register today!
(special pricing expires Tuesday, June 28)

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Send an email to webcasts@insurancejournal.com
or call Barbara at 800-897-9965 x120.

Date: Wednesday, June 29, 2011
Time: 1:30pm EDT /
10:30am PDT
Duration: 1 Hour
Price: Save $40 until June 28! Register today for just $89!
Click Here to Register

Instructor: Kathy Ryan

Photo of Kathy Ryan President of Pinnacle Coaching Group and expert in effective communication.

More Great Training
Coming Soon:


JUL 13: Five Claims Secrets No Lawyer Wants You to Know - Have you ever wondered how attorneys - who attend exactly none of our industry's plethora of training, continuing education (CE), or designation sessions - have managed to create a massive profit niche out of inserting themselves into insurance claim resolutions?

JUL 14: Writing Lawyers' Professional Liability Coverage - In today's competitive and aggressive legal environment, insurance professionals dealing in lawyer's malpractice need to be well versed in the coverage's and products available within the marketplace.

JUL 20: Understanding and Explaining Ordinance or Law Coverage - This class details the essential coverage provisions found in the two ordinance or law endorsements and demonstrates how this coverage can save your insureds (and you from an E&O perspective) hundreds of thousands of dollars in out-of-pocket expenses.

JUL 26: Producer Performance Development Program (8 Sessions) - This program is designed for newer producers and will re-energize experienced producers who have lost the edge in developing new business.

AUG 3: Developing Producer Compensation & Agency Perpetuation Plans - Through this course, agency owners, sales managers, and financial officers will begin to see how vital the concept of compensation analysis is to the success of its company.


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Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2011 by Wells Publishing, Inc.

Jun 24, 2011

Daily Headlines: Friday, June 24, 2011

 Click here for more information.
Insurance Journal Daily Headlines
June 24, 2011
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Can U.S. Make Phoning While Driving as Taboo as Drunk Driving?

The nation risks a surge in deadly accidents unless it makes distracted driving — talking, texting and surfing the Internet while ...

Hercules Executives Sued Following Failed ‘Say on Pay’ Vote

In an early test of ''say-on-pay'' voting, a shareholder sued Hercules Offshore Inc. directors and top executives, demanding that they ...

Citi Skimped on ID Theft Protection for Data Breach Victims: Reuters

After a massive data breach last month, Citigroup did not offer its hacked clients the same degree of identity-theft protection that many ...

Supreme Court Allows Damages Suit Against CSX Railroad

The Supreme Court says a man can use a federal law to collect damages against a railroad. The high court on Thursday ruled in a 5-4 ...

House Approves Patent Reform Bill Similar to Senate’s

Patent legislation that aims to clear a years-long backlog of applications and allows the patent office set its own fees was approved by ...

Ratings Recap: Stonebridge, RLI Group, Am. Agricultural, ARIC

A.M. Best Co. has affirmed the financial strength rating of 'A-' (Excellent) and issuer credit rating of "a-" of Stonebridge Casualty ...

XL Names Mitchell as President of Excess and Surplus Unit

XL Insurance has named Roxanne Mitchell as president of its Excess and Surplus lines unit, reporting to Seraina Maag, chief executive, ...

Beacon Hill Expands WC Product to Environmental Contractors, Consultants

PartnerOne Environmental, Beacon Hill Associates' underwriting division, now offers workers compensation coverage to additional ...

From MyNewMarkets.com 4 Things Agents Should Do to Avoid E&O Claims

After handling insurance coverage claims for years, a distinct pattern has emerged: sometimes the insurance agent gets "caught in the...
Workers Comp Training Pack from Academy of Insurance
East

New York Approves Deregulation of Large Commercial Insurance Products

New York insurers and insurance agents are applauding lawmakers for giving final approval to a bill that eases regulations on commercial ...

Brooklyn Auto Body Shop Charged with Inflating Bills to Insurer

Kings County District Attorney Charles J. Hynes announced has charged Borough Park autobody shop, Perfect Collision, with intentionally ...

Allstate Seeks to Recover $1 MiIlion in New York Fraud Lawsuit

Allstate Insurance is seeking to recover more than $1 million against 10 New York area defendants it alleges filed fraudulent claims for ...

Bridgeport Rebuilding as Tornado Anniversary Marked

A year has passed since a tornado roared down Main Street in Bridgeport, Connecticut, battering buildings and toppling trees in the Nutmeg ...

New York City Police Officer’s Horse Suit Dismissed

A judge has reined in a New York City's police officer's lawsuit against the city over a mishap on horseback in 2004. A Manhattan judge ...

Hall Named Top Exec at Great Falls

Maine-based Great Falls Insurance Co., a newly licensed insurer specializing workers' compensation coverage has named Gary Hall as ...
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Midwest

Detroit Neighborhood Plans 300 Demolitions

The Detroit enclave of Highland Park plans to demolish more than 300 abandoned and neglected structures. The Detroit Free Press reported ...

Illinois Doctors Plead Guilty to Work Comp Fraud in Ohio

A pair of Illinois brothers who traveled to Columbus, Ohio, to practice psychiatry were sentenced for workers' compensation fraud after ...

Horan Hires Chief Financial Officer in Cincinnati

Cincinnati, Ohio-based employee benefits and financial services firm Horan has added Kurt Krebs as vice president and chief financial ...

Tornado Repairs at St. Louis Airport May Cost $30M

The cost to repair tornado damage at Lambert-St. Louis International Airport could reach as much as $30 million. Airport officials said ...
Southeast

Alabama, FEMA Leaders Meet to Plan State’s Tornado Recovery

More than 60 representatives of private, public and nonprofit groups are discussing ways to help Alabama recover from an outbreak of deadly ...

Mississippi Property Insurance Rates Leveling Off: Chaney

State Insurance Commissioner Mike Chaney says property insurance rates in Mississippi have leveled off for the time being. Chaney told a ...

Kentucky’s Churchill Downs Assessing Tornado Damage

A possible tornado damaged several horse barns at Churchill Downs, prompting track officials to temporarily halt races Thursday at the ...

PIA of Tennessee Names Paris as Chief Executive

Brennan J. Paris has been named the new executive vice president of the Professional Insurance Agents (PIA) of Tennessee. He is the sixth ...

Broker Citadel Opens Florida Office; Names Webb Southeast Director

Utah-based Citadel Insurance Services, a specialty program broker, has expanded its operations by opening a new regional office in Tampa, ...

North Carolina Residents Near Wildfire Urged to Evacuate

Residents near the Onslow and Pender county line in North Carolina are being evacuated on a voluntary basis as a wildfire spreads. As of ...
WEDNESDAY WEBINAR: Develop your leadership skills - new training from Insurance Journal Academy
South Central

Oklahoma Lawmaker Seeks Study on Day Care Insurance

Oklahoma state Rep. Mike Shelton has requested a legislative study to determine if the state can enact policies that result in all day ...

Texas Takes 26.5% of ‘Roadchecked’ Commercial Vehicles Out of Service

During the recent 72-hour Roadcheck 2011 program, the Texas Department of Public Safety and other Texas law enforcement agencies inspected ...

Private Sector Fuels May Job Growth in Louisiana

The private sector continued to lead non-seasonally adjusted nonfarm job growth in May for the state and in most of Louisiana's ...
West

Report: SoCal Quake Would Rattle Economy

A new study says a big Southern California earthquake would rattle the region's economy as well as its buildings. The U.S. Bureau of ...

Californians’ Biggest Disaster Fear: Earthquakes

Of the many possible disasters that could befall Californians, Golden State residents fear earthquakes the most, according to a recent ...

Portland Audit Suggests Moving Public Safety Employees to Workers’ Comp

A Portland, Ore., audit is recommending the city move firefighters and police officers currently covered by the City of Portland Fire and ...

Arrowhead Wholesale Insurance Names Bleasdale Broker

Arrowhead Wholesale Insurance Services of San Diego has named Kathy Bleasdale assistant vice president. She will work as a broker working ...

Fawkes Named Insurance Professional of the Year

Robin Fawkes of San Mateo County (California) Schools has been named Insurance Professional of the Year at the recent international ...
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International

New Zealand Offers to Pay 5,000 to Leave Quake-Hit Homes

New Zealand's government said that it will offer to pay thousands of homeowners to leave areas of the country's second-largest city that ...

Casualty Actuaries Should Consider Foreign Customs, Economics, Politics

A bulletin from the Insurance Information Institute notes that a recent Casualty Actuarial Society seminar advises actuaries that when it ...

Best Affirms Ironshore and Subs Ratings

A.M. Best Co. has affirmed the issuer credit rating (ICR) of "bbb-" of Cayman Islands-based Ironshore Inc., as well as the financial ...

Best Upgrades Lancashire’s Ratings to ‘A’; Outlook Stable

A.M. Best Co. has upgraded the financial strength rating to 'A' (Excellent) from 'A-' (Excellent) and issuer credit ratings (ICR) to ...

Aviva’s Accident Recovery Sale to Carlyle Won’t Change Ratings Says S&P

Standard & Poor's Ratings Services said that the ratings on the U.K.-based Aviva Group (core operating entities rated AA-/Stable) are ...

Ratings Recap: IGIUK, MAPFRE Re (Panama), Arab Misr, Gulf, Caribbean Alliance

A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of 'A-' (Excellent) and an issuer credit rating of ...

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Insurance Journal TV

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Consolidation Nation

The big state agency that oversees insurance producers in New York State will soon become a...
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Agent-Customer Conversations Offer P/C Insurers New Insight into Sales Process

Simulating conversations between an insurance agent and a customer during the selling process...

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

Nursing Home (TX)
Posted: Fri Jun 24 -- There are various nursing homes in Texas, but finding the best one is the most difficult part. Aside from the rates, you must assess the... braveheart
Hi Exmod contractor in CA
Posted: Thu Jun 23 -- Contact The Zenith. They do quite well with high mod accounts and they provide excellent loss control services and assistance so that this... Croberts24
Non Compete Insurance?
Posted: Wed Jun 22 -- Repeat after me, "Lawyers are not experts in insurance". What kind of policy would cover an intentional act? Like I said, talk to an... gforaker

Reader Comments

Wave of Lawsuits Hits Calif. Retail Stores
Posted: Mon Jun 20 -- The next time somebody tells lawyers are an important part of our commercial fabric, you can show them this. Nobody benifits from... Charlie
Even Low Blood Alcohol Level 'Buzz' Unsafe for Driving: Study
Posted: Tue Jun 21 -- I'm sure the millions and millions of people on powerful pain, anti-anxiety and anti-depressant meds are great drivers that always make... matt
How Much Is a Dad Worth?
Posted: Fri Jun 17 -- I don't mind you saying you wouldn't want to be married to a stay at home dad. That's your choice. But are you really saying a stay at home... Hank

Current Issue

Current Issue
Program Directory Vol. I - The Agent's Favorite Program Placement Resource ,The Florida Issue

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Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2011 by Wells Publishing, Inc.