Nov 29, 2011

Insurance Journal TV: Interesting Times in Medical Liability

Insurance Journal TV
November 29, 2011
Feature Video

Interesting Times in Medical Liability

The medical liability market continues to perform well even as the nation struggles to implement health care reform. Robert Allen, senior vice presidents at Torus Insurance, says...

Watch Now

Popular Videos

Brokers: Overcome Fear of Patent Insurance

Nevada's New Insurance Commissioner Lays out Pro-insurance Agenda
More Insurance Videos
Subscribe to our iTunes Channel
Announcing the Insurance Journal Interactive Edition. The World's Leading News, Analysis and Information Source for the Property/Casualty Insurance Industry. Click here for more information.
Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2011 by Wells Publishing, Inc.

Nov 28, 2011

Cyber Monday Sale: Buy all you want, watch anytime you want

Buy all you want, watch them anytime you want.
Save up to 80% on our best Insurance Training!
Is this email not displaying correctly?
View it in your browser.

logo

Academy of Insurance's
Cyber Monday Sale

Big savings on exclusive insurance training.
Buy all you want, watch them anytime you want!

Explore our Cyber Monday sale. All on-demand training courses starting as low as $27.

Now is the time to invest in yourself and your business. So stock up on great insurance training for your whole office!

Here's some of our most popular courses we think you'll like:

* Understanding Business Income 5 Part Series: $497 $197
* Secrets of Top Performing Agencies: $129 $47
* Take advantage of the GREEN movement: $497 $197
* How to Read ANY Insurance Policy: $129 $47
* PLUS 40+ other courses priced at $27

Hurry, this offer expires at midnight on November 29!

Questions? Contact Barbara at webcasts@insurancejournal.com

Thank you,

Insurance Journal Academy of Insurance


Contact Us:
Insurance Journal / Academy of Insurance
3570 Camino del Rio N
Suite 200
San Diego, CA 92108
Toll Free: (800) 897-9965

Daily Headlines: Monday, November 28, 2011

Sponsored by: Leads360. Insurance Lead Management from Leads 360. The all-encompassing solution your agency has been looking for. Click here for more information.
Insurance Journal Daily Headlines
November 28, 2011
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Insured Loss Estimate from Hurricane Irene Rises to $4.3 Billion

An insurance industry service that tracks catastrophe losses has sharply raised its estimates for August's Hurricane Irene, projecting ...

Supreme Court to Decide Whether Harm Needed in Kickback Suits

In a dispute pitting big business against consumer groups, the U.S. Supreme Court hears arguments Monday on whether a person has to suffer ...

Whistleblower Laws, Lucrative for Some States, Stall in Others

For many states, a law intended to root out corruption also has been good for the bottom line. Over the last decade, more than 20 states ...

Federal Regulator Opening Formal Probe into GM Volt Fire Risk

U.S. auto safety regulators are opening a formal investigation into fire risks in General Motors' Volt vehicles, the National Highway ...

How to Compete for Personal Lines with the Direct Writers

Let's face facts. It's unlikely that any individual independent agency will ever "beat" the direct writers. They have massive ...

Best Affirms Virginia Surety Co. Ratings; Outlook Positive

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

Ratings Roundup: Hiscox (US), Western Mutual

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

From MyNewMarkets.com Next Big Thing in Insurance Coverage?

Some in the insurance industry are staking their futures on the reputations of others. That is, they are looking to insure reputational...
Academy of Insurance Cyber Monday Sale
East

U.S. Rep. Barney Frank of Massachusetts Won’t Seek Re-election

U.S. Democratic Representative Barney Frank, who helped to craft the landmark overhaul of financial regulations that bears his name, will ...

Some New Jersey Towns Taking Steps to Reduce Flooding

Several northern New Jersey towns hit hard by recent flooding are taking steps to make sure it doesn't happen again. New Jersey's ...

Massachusetts Lawmakers Weigh Changes to Motorcycle Laws

Massachusetts lawmakers are weighing changes to the state's motorcycle laws, including bills designed to ease the requirement that riders ...

Virginia School Officials Face $31.5M Lawsuit

Another local school district in Virginia is facing a multimillion-dollar lawsuit over allegations of a child being assaulted on a school ...
Midwest

Indiana Senator to Lead National Insurance Group

Indiana Senate Democratic Leader Vi Simpson is leading a national group of lawmakers looking to streamline insurance policy across the ...

80% of Claims from May Tornado in Minneapolis Have Been Resolved

The Minnesota Department of Commerce has reported that insurance companies have resolved about 80 percent of the claims generated after a ...

Former North Dakota Insurance Agent Admits to Mail, Wire Fraud

A former Minot, N.D., insurance agent has pleaded guilty to mail and wire fraud charges in federal court. Court documents indicate Alan ...
Southeast

Insurer Must Pay for Florida Rental Car Crash by Unauthorized Driver

A Florida rental car customer's auto insurer must cover crash injuries, even though the driver was someone not authorized under the rental ...

5 Mississippi Home Buyouts Could Happen in New Year

Five property owners whose homes were inundated by the spring flood could have their homes bought out by the city of Vicksburg next year. ...
South Central

More Earthquakes Recorded in Oklahoma; Gov. Requests Disaster Assistance

At least five small earthquakes were recorded in central Oklahoma over the long Thanksgiving weekend. The U.S. Geological Survey says a 2.4 ...

New Orleans Seeking Artists to Create Evacuation Point Icon

It's a tall order for an artist: create a design for a long-lasting work of public art — a new icon for the city of New Orleans — that ...

Land O'Lakes Gives $10K to Texas Volunteer Fire Departments

Land O'Lakes Inc. Foundation has donated $10,000 to Texas Forest Service's Volunteer Fire Department assistance fund. Volunteer fire ...
West

Montana State Fund Issues $6 Million Dividend

Montana State Fund says its workers' compensation insurance policyholders will be getting a $6 million dividend. The board of directors ...

PMI in Arizona Files Chapter 11

Arizona-based mortgage insurer The PMI Group Inc. (NYSE: PMI) has filed for voluntary relief under chapter 11 of the United States ...

Freeway Insurance Names Hudson COO

Buena Park, Calif.-based Freeway Insurance has promoted Norm Hudson to chief operating officer. Hudson ascends to the post from his former ...
Sponsored by: State Fund. Zero, Zilch, Nada. We've filed for a zero net increase on our rates. Click here for more information.
International

Best Briefing Concludes Majority of Thai Flood Losses from BI Claims

A.M. Best Co. reports that the vast majority of insurance losses stemming from the massive flooding in Thailand will come predominately ...

India’s Bharti, Reliance End Talks on Insurance Joint Ventures Deal

Reliance Industries has mutually agreed to end negotiations with Bharti Enterprises to buy its stakes in two insurance joint ventures with ...

Last Chance to Save Kyoto Deal at Durban Climate Talks

Countries will make a last ditch effort to save a dying Kyoto Protocol at global climate talks starting on Monday aimed at cutting the ...

Willis UK Networks Given ‘Chartered Insurance Brokers’ Status

The Willis UK brokers Networks team has been awarded the title of "Chartered Insurance Brokers" by the Chartered Insurance Institute ...

Catalina Holdings Names Kauer CFO/COO of Glacier Re in Runoff

Catalina Holdings (Bermuda) Ltd has appointed Martin Kauer to the joint roles of Chief Financial Officer and Chief Operating Officer ...

Best Affirms Hiscox and Operating Companies ‘A’ Ratings; Outlook Stable

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of 'A' (Excellent) and issuer credit rating ...

Ratings: Bahrain Kuwait, Twin Bridges/Majestic, GTA Assur, Bahamas First, swisspartners (SPV & SPC)

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

World Economy Counts the Cost of Euro Zone Dithering

From credit bottlenecks in Eastern Europe to slower growth in China, delays in tackling the euro zone's debt crisis are causing ...
Sponsored Content

Weather Map Added to ClaimsJournal.com

SAN DIEGO, 11/28/11 – Wells Publishing, Inc. announces the addition of a weather map to ClaimsJournal.com, the company's website for ...

Join the Insurance Journal Network

Twitter Facebook LinkedIn


Insurance Journal TV

Video thumbnail

Pat Ryan Asks, 'Are You Happy?'

Patrick Ryan is an innovator who sees opportunity. And it was opportunity that drove him to...
Video thumbnail

The Lloyd's Market

Lloyd's has built a reputation over the years as being one of the most innovative insurance...

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

Agency Management System
Posted: Sun Nov 27 -- we are currently on applied/tam and very unhappy with their real time support and the system in general. we are looking at Nexsure and would... mindi
QuickBooks
Posted: Fri Nov 25 -- Quickbooks is definitely the way to go because it's an all-in-one business suite. The system is integrated and offers great ease and... robmejia
Which carrier is best for hotels?
Posted: Wed Nov 23 -- You can contact insurance.ca.gov. Try asking for a list of carriers. You can also post general questions or inquiries to insurance-related... sethm
Energy Savings Insurance (ESI)
Posted: Wed Nov 23 -- I think there's a need for such insurance. In fact, energy savings insurance was first offered many many years ago, but failed to make... sethm

Reader Comments

Georgia Factory Worker Sues After Being Fired for Refusal to Wear '666'
Posted: Mon Nov 21 -- I would have refused to wear it, too. Could they have just let him wear 667-1? Management is surprising sometimes. This is in a very... Mark of the Beast
Ex-Rhode Island Insurance Adjuster Seeks to Avoid Prison
Posted: Mon Nov 21 -- I think his professional status should be taken into account and he should be charged worse than a normal person committing such a crime.... Erik
U.S. Healthcare Cuts Minimal, More Pain Looms
Posted: Tue Nov 22 -- Doctors, Clinics, Hospitals and Vendors will soon see the gravy train end and they may have trouble making their Mercedes payments. They... Veteran Agent
Thanksgiving Day is Top Day For Cooking Accidents
Posted: Wed Nov 23 -- I laughed when I read in the article the following sentence: "Esposito offered safety tips for those planning to sue a fryer:" Is that a... The Other Point of View
Supreme Court Names Lawyers to Argue Healthcare Case
Posted: Mon Nov 21 -- If the individual mandate is struck down, they better strike down the guarantee-issue provision which bars insurers from refusing to issue... DS

Current Issue

Current Issue
Contractors & Builders, Claims and the Independent Agent, Top Personal Lines Retail Agencies
November 21, 2011

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 © 2011 by Wells Publishing, Inc.

Nov 23, 2011

Daily Headlines: Wednesday, November 23, 2011

Looking for Workers' Comp Markets? Click here for more information.
Insurance Journal Daily Headlines
November 23, 2011
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Black Friday, Cyber Monday Bring Out the Risk Grinch

The rush is the risk on Black Friday and Cyber Monday in the eyes of a retail insurance and risk expert who previously worked in retail for ...

Bank of America Reaches Settlement in Countrywide Case

Bank of America Corp. has reached a settlement with former Countrywide Financial Corp. institutional investors who decided not to join a ...

AIG Unlikely to Take Q4 Reserve Charges: Barclays

Bailed-out insurer American International Group is unlikely to add to reserves in the current quarter, though investors may not be ...

Federal Judge Sides with Netflix in Antitrust Case

A U.S. judge granted Netflix's bid to resolve all claims in its favor before trial in an antitrust class action, in which plaintiffs had ...

Merger, Acquistion Activity Remains Muted in 3Q

Financial market volatility and a difficult operating environment continued to stifle mergers and acquisitions activity for the ...

Ratings Recap: Standard Casualty, Grinnell, Erie & Niagara, Northwest GF Mutual

A.M. Best Co. has upgraded the financial strength rating to 'A-' (Excellent) from 'B++' (Good) and issuer credit rating to "a-" from ...

Thanksgiving Day is Top Day For Cooking Accidents

Serafino Alfe was deep-frying turkeys for an annual fundraiser dinner recently and ended up at the Loyola Burn unit with third-degree burns ...

From MyNewMarkets.com P/C Market to See Only Moderate Changes in Rates in 2012: Willis

Property/casualty insurance rates will continue to be flat to with some slight increases or decreases in most major and specialty lines of...
Academy of Insurance Cyber Monday Sale
East

I.I.I. Advises Thanksgiving Party Hosts on Limiting Liquor Liability

Thanksgiving marks the beginning of holiday season and for many that means party time. But hosts who serve alcohol should take steps to ...

N.Y. Court Rules on Asbestos Defense Costs for Primary Insurer

A New York State court ruled last Friday that an asbestos defendant is entitled to full defense from its primary insurer for certain ...

Maryland Insurance Administration Announces Senior Appointments

Maryland Insurance Commissioner Therese Goldsmith recently announced three senior appointments at the Maryland Insurance Administration. ...
Midwest

Vehicle Accidents on the Rise in North Dakota Oil Boom Town

Authorities in the city that serves as the hub for North Dakota's oil activity say vehicle accidents are on the rise. Statistics released ...

Insurance Too Pricey for Anti-Wall Street Protesters in Duluth, Minnesota

Anti-Wall Street protesters ignored police orders to get a permit and limit their encampment to one tent in downtown Duluth, Minn. The ...

Ohio Businesses Awarded More Than $273K for Workplace Safety

The Ohio Bureau of Workers' Compensation (BWC) awarded 13 businesses safety intervention grants totaling more than $273,000 during ...

Irwin to Lead Illinois Council of IAIP

The Illinois council of the International Association of Insurance Professionals (IAIP), formerly known as NAIW, has installed new ...

Perrotti Named Senior VP in XL's Marine Insurance Unit

The marine insurance unit at XL Group plc has added Michael Perrotti as senior vice president, marine field operations. He is based in ...
Academy of Insurance Cyber Monday Sale
Southeast

Georgia Jury Awards $9.85 Million in Child’s Drowning

A Gwinnett County jury has awarded $9.85 million in damages in a wrongful death lawsuit brought by parents of a 2-year-old who died from ...
South Central

Midlands Management Enhances Earthquake Coverage in Oklahoma

Oklahoma Insurance Commissioner John D. Doak announced that an Oklahoma general insurance agency is adding earthquake deductible buy-down ...

Two North Texas Men Sentenced in Arson for Insurance Case

Two men in Texas have been sentenced to prison for conspiring to commit arson in order to obtain insurance proceeds, the U.S. Attorney's ...

Texas Mutual Promotes Lentz to VP of Underwriting

Texas Mutual Insurance Co. has promoted Jeff Lentz from senior manager of underwriting and marketing to vice president of underwriting. In ...
West

The Liberty Company Expands to Entertainment Industry

The Liberty Company Insurance Brokers Inc. is extending its services into the entertainment industry through Liberty Entertainment ...

Report Links Wildfires to Immigrants in Arizona

A study by Congress' investigative arm shows investigators have linked 30 fires that erupted in a five-year period in Arizona's border ...

Utah's Liquor Board Discussing Recommended Changes

Changes to Utah's liquor agency recommended by a series of critical audits are beginning to be implemented. Department of Alcoholic ...

Insurance Won’t Cover Idaho Sheriff for Personnel Claims

Owyhee County's insurer told the county commissioners it would no longer cover the sheriff against any claims involving personnel matters, ...

Plan for Biomass Plant in Vancouver Canceled

Plans have been canceled for a power plant in Vancouver, Wash. that would have burned wood debris. Schneider Electric of Seattle had a ...

Ox Bonding Enters Oregon

Oregon contractors will have another option for surety bonds after the state approved Ox Bonding and affiliate carrier, Upper Hudson ...

Perfect Storm of Conditions Fueled Big Reno Fire

One of the worst fires in Nevada's history was nearly a perfect storm of unfavorable conditions and unfortunate circumstances, and both the ...
Sponsored by: Arrowhead General Insurance Agency. We're Giving Thanks for our Producers, Carriers and Policyholders this Thanksgiving. Happy Thanksgiving From Arrowhead! Click here for more information.
International

Lockton Market Update Sees Signs of End to Executive Risks Soft Market

A new updated report from insurance broker Lockton concludes that the "prolonged buyer's market in the executive risks insurance market may ...

Willis Re Canada Appoints Bradshaw as Board Chairman

Willis Re Canada marked the completion of its first full year of operations in the country with the announcement of the appointment of Jim ...

Best Affirms AXIS Specialty, Affiliates Ratings; Raises Outlook to Positive

A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of 'A' (Excellent) and ...

Ratings Recap: BEST RE, Garant, ZEP-RE, East Africa Re, Custodian

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

Ironshore Australia Launches M&A Product Suite

Ironshore Australia has established a merger and acquisition suite of products that will be available throughout the Asia Pacific region. ...
New from Academy of Insurance: Learn how contracts and insurance interact in this three part training course

Join the Insurance Journal Network

Twitter Facebook LinkedIn


Insurance Journal TV

Video thumbnail

Pat Ryan Asks, 'Are You Happy?'

Patrick Ryan is an innovator who sees opportunity. And it was opportunity that drove him to...
Video thumbnail

The Lloyd's Market

Lloyd's has built a reputation over the years as being one of the most innovative insurance...

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

Which carrier is best for hotels?
Posted: Wed Nov 23 -- You can contact insurance.ca.gov. Try asking for a list of carriers. You can also post general questions or inquiries to insurance-related... sethm
Energy Savings Insurance (ESI)
Posted: Wed Nov 23 -- I think there's a need for such insurance. In fact, energy savings insurance was first offered many many years ago, but failed to make... sethm
What is the Purpose of An Agency Website?
Posted: Tue Nov 22 -- I have personally seen more and more activity coming from our agencys website. Pretend you are a savy consumer, and want to research agents... HarrisburgAgent
metal mfg in ca
Posted: Tue Nov 22 -- I can definitely help. Feel free to send me what you have for submission: Acord 125, 126 and completed contractors supplemental along with... Adame526

Reader Comments

NYC Health Club Member Sues Over Breakfast Promise
Posted: Thu Nov 17 -- I guess fat cats don't realize there's no such thing as "free"; poor baby had to go without his breakfast at his health club. Ins agent
Banks Having to Defend Credit Card Insurance
Posted: Wed Nov 16 -- Why am I not surprised to hear this is a Capital one customer?! UnhappyCapitalOneCustomer
Court: Texas Couple Can Sue Over Dog's Sentimental Value
Posted: Wed Nov 16 -- Hopefully this will open the doors to more lawsuits where an animal is "accidentally" euthanized. Pets should not be viewed as "property" All for the dog!
South Carolina Judge Awards Sex Abuse Victim $14 Million
Posted: Fri Nov 18 -- Unfortunately for her, he probably has no money so it really doesn't matter if it is $14 million or $14 billion. She won't see a... Compman
President Obama Insured Against Attack While in Australia
Posted: Thu Nov 17 -- I will bite my tongue so I don't have the Secret Service on my butt! Compman

Current Issue

Current Issue
Contractors & Builders, Claims and the Independent Agent, Top Personal Lines Retail Agencies
November 21, 2011

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 © 2011 by Wells Publishing, Inc.

We are thankful

Having trouble reading this email? Click here to view it as a webpage.
From Our Family to Yours, Happy Thanksgiving
We sincerely appreciate your loyal readership
& continued support through the years.
Insurance Journal Academy of Insurance MyNewMarkets Claims Journal
Insurance Journal | 3570 Camino del Rio North, Suite 200 | San Diego, CA 92108
Copyright © 2011 Wells Publishing, Inc. All rights reserved.