Apr 24, 2013

Daily Headlines: Wednesday, April 24, 2013

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Insurance Journal Daily Headlines
April 24, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Travelers Q1 Profit Up 11% to $896M; CEO Says 'We Will Keep Going' on Rate Hikes

The Travelers Companies Inc. on Tuesday reported $896 million net income for its 2013 first quarter, an increase of 11 percent compared to ...

The Risks of Insuring the Cloud

Hollywood would have us believe that some smart, awkward computer guy in his 30s living in his mother's basement is to blame. Surrounded by ...

Dewey & LeBoeuf Ex-Chairman Agrees to Proposed $500,000 Settlement to Resolve Claims

The former chairman of Dewey & LeBoeuf has agreed to pay more than half a million dollars in a proposed settlement with Dewey's trustee and ...

W.R. Berkley Posts $116M Q1 Profit, Sees Continuing Pricing Momentum

W.R. Berkley Corp. reported on Tuesday $116.62 million net income for its 2013 first quarter, representing a 13.6 percent decline compared ...

W. R. Berkley Corp. Creates Berkley Design Professional Underwriters

W. R. Berkley Corp. has launched Berkley Design Professional Underwriters to focus on liability coverage for architects and engineers, ...

Terrorism Risk, Flood Insurance and Green Building Hot Topcis for Risk Managers: RIMS

Renewal of the Terrorism and Risk Insurance Act (TRIA) was a much talked about topic at the annual Risk and Insurance Management Society ...

From MyNewMarkets.com Global Trade Market Uncertainties Increasing Demand for Trade Credit Insurance

Trade credit insurance is not a new concept, says Kerstin Braun, executive vice president of trade credit insurer, Coface. But the recent...
Pick Your Price Sale from Academy of Insurance
East

N.J. Gov. Christie: Federal Grants for Homeowners May Still Take Months

New Jersey Gov. Chris Christie says that he expects federally funded grants for New Jersey business owners hit by Superstorm Sandy may ...

Penn. Commissioner: Spring Cleaning Good Time for Preventative Home Maintenance

Homeowners starting their spring cleaning projects should also give a thought to insurance too, Pennsylvania regulators advised. The ...

Former R.I. Nightclub Owners Appeal $1M Workers' Comp Fine in Fire Case

The owners of a Rhode Island nightclub where 100 people died in a fire are asking the state Supreme Court to overturn a $1 million fine ...

Hilb Group Buys Virginia-Based Brokerage Engle, Paxson & Hawthorne

The Hilb Group announced last week the acquisition of Engle, Paxson & Hawthorne Insurance Services (EPH) of Leesburg, Va. The transaction ...
Midwest

Sandbagging Underway in Fargo, North Dakota-Area Subdivisions

The flood fight is kicking into high gear in southeastern North Dakota, where residents are preparing for what could be the fourth major ...

McGowan Acquires Ohio's Governmental Underwriters of America

The McGowan Companies (McGowan), based in Fairview Park, Ohio, has purchased the assets of Governmental Underwriters of America Inc. (GUA). ...

Missouri Department of Insurance Reports Leadership Changes

Several veteran regulators were appointed into new positions at the Missouri Department of Insurance during the first quarter of 2013. ...
Southeast

Florida Judge Upholds Injunction Against Portions of State's PIP Law

A Florida judge has upheld his temporary injunction partially blocking portions of the state's automobile no-fault insurance law on the ...

Flood Warnings for Tennessee, Kentucky Near Mississippi River

Flood warnings have been issued in Tennessee and Kentucky as the Mississippi River starts to slowly rise from northern floodwaters, but ...

Florida Compounding Pharmacy's Drug Recall Involves 91 Batches

A spokeswoman for a central Florida compounding pharmacy says 91 batches were involved in a voluntary recall of its sterile non-expired ...
South Central

West Explosion Insured Losses Hit $100M

"Daddy, are we dead?" Those were the first words from 9-year-old Kaden Anderson after an explosion ripped apart the fertilizer plant in ...

Report: Bus Driver in Fatal Texas Crash Says He May Have Blacked Out

The driver involved in a fatal North Texas bus crash told authorities he may have blacked out in the moments before the bus careened off ...

Texas Governor: State Oversight Not to Blame for West Blast

Gov. Rick Perry said that spending more state money on inspections would not have prevented the deadly explosion at the West Fertilizer Co. ...
West

Kreidler Names New Chief Deputy

Washington Insurance Commissioner Mike Kreidler named longtime staffer Jim Odiorne to be the agency's new chief deputy. The appointment is ...

Tool Identifies California's Most Polluted Cities

Seven of California's 10 ZIP codes most burdened by pollution are in the San Joaquin Valley and three are in Los Angeles, according to a ...

$5.75M Settlement Approved In Hawaii School Abuse Suit

A $5.75 million settlement has been approved in a class-action lawsuit alleging bullying, assault and rape at the Hawaii School for the ...

Wildfires Prompt Colorado Insurance Changes

Colorado lawmakers are close to agreement on a slate of insurance changes inspired by homeowners' complaints after last year's wildfires. ...

BB&T Names Husges Employee Benefits Account Manager In California

BB&T Insurance Services named Dan Husges as an account manager for its employee benefits group in Pleasanton, Calif. Raleigh, N.C.-based ...
International

Bangladesh Factory Building Collapse Kills Nearly 100; 700 Injured

An eight-story block, housing garment factories and a shopping center, collapsed on the outskirts of the Bangladeshi capital on Wednesday, ...

WHO Says New Bird Flu Strain is 'One of Most Lethal' Viruses

A new strain of bird flu that has killed 22 people in China is "one of the most lethal" of its kind and is more easily transmissible to ...

Swiss Re in Co-op Agreement with GEM Foundation for Latin America Quake Risk

The Swiss Re Foundation and the GEM Foundation announced a "three-year collaborative project to create the first-ever comprehensive picture ...

ACE Reports $953 Million Q1 net Income; P&C Combined Ratio 88.2%

ACE Limited reported net income for the quarter ended March 31, 2013 of $2.77 per share - $953 million - compared with $2.84 per share ...

IAG Outlines Strategy to Sustain New Zealand Market Position

Insurance Australia Group Limited (IAG) has issued an update on its New Zealand business, and has outlined its strategy to maintain its ...

Wells Fargo Insurance Launches U.S.-Based International Specialty Group

Wells Fargo Insurance, part of Wells Fargo & Co., is expanding its International Specialty Group by establishing three new teams solely ...
Pick Your Price Sale from Academy of Insurance

Insurance Journal Blogs

Burand's Agency E&O Blog: Tip #31

Record Retention. It's not as simple as everyone thinks. Significant and dangerous myths exist relative to this increasingly important ...

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Greenberg's View: Finite Reinsurance

The cornerstone of former New York Attorney General Eliot Spitzer's campaign against AIG and...
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Evolution of D&O Products

D&O products have gone through a lot of changes lately. CNA Pro Claim's Todd Greeley sat down...

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New Discussions in the Forums

Need P&C coverage for a trampoline park in Arkansas
Posted: Wed Apr 24 -- Anyone know who writes this coverage and who to contact? Sundance
Non Standard Farm/Ranch account
Posted: Wed Apr 24 -- What are the codes and the premium? I just quoted a restoration company with similar issues and a 2.37 x-mod with a PEO. What should have... Chad Filley
Insurance Noodle vs. Superior Access vs. Agent Secure
Posted: Mon Apr 22 -- mdagent, Superior Access and Consolidated are General Agents that submit your information to the respective companies for a quote. Then,... ziiqui
Pole Barn W/Wind FL
Posted: Wed Apr 17 -- Private property Autumnle465
Paperless Environment
Posted: Tue Apr 16 -- I completely agree with Island Girl. We started going paperless 6 years ago. The first year was a royal pain with the initial scanning but... justthere
Business Loss - Travel Insurance
Posted: Tue Apr 16 -- This is true. However, most people do not realize that major credit card companies also provide insurance for lost or damaged goods while... chad37
TX - Workers Comp - Contractor
Posted: Tue Apr 16 -- Have you considered a Professional Employer Organization (PEO)? SOI has locations in Dallas, Houston, Austin and San Antonio as well... DOrgant
What is your biggest pain as an agent?
Posted: Mon Apr 15 -- 1) Billing questions, non payment cancelations, reinstatement request of bad pay clients. 2) Binder requests... yoyowordup
Agency Management System
Posted: Mon Apr 15 -- If you click on the specific company at agencyuserreviews.com it shows you how many customers reviewed the software and their comments.... yoyowordup

Reader Comments

FBI Calls Boston Marathon Bombings 'Potential' Terrorist Act
Posted: Wed Apr 17 -- Planet, I have been praying for the victims since it happened and also that our government will be successful in catching and dealing with... Agent
Deal OK'd in Muslims' False Advertisement Suit Against McDonald's
Posted: Fri Apr 19 -- They shouldh't have to eat at home. Just open their own style restaurant and quit going to McDonalds. Nothing difficult about it. They should be able to eat out
Senate Democrat Criticizes Healthcare Law Education; Sebelius Cites Lack of Funding
Posted: Mon Apr 22 -- Rebecca, What makes you think this is now "Affordable" healthcare? Simply the name? By your comment, you seem to think that people will be... TxLady
Climate Scientists Struggle to Explain Warming Slowdown
Posted: Wed Apr 17 -- Gee and I thought the global warming people were all warm and fuzzy. Just for the record the Bible says Jesus rode into Jerusalem on the... Original Bob
Boston Marathon Bombings Suspect Identified: Reports
Posted: Thu Apr 18 -- Had a hot tip from our Boston office. It was Dennis Rodman, who became a real life Manchurian Candidate during his recent visit with Kim... reality bites

Current Issue

April 22, 2013
Current Issue
Top 50 Apps for Insurance Agents; Entertainment, Sports & Special Events; Directors & Officers Liability

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San Diego, CA 92108
(800) 897-9965
Copyright © 2013 by Wells Media Group, Inc.

Apr 23, 2013

Daily Headlines: Tuesday, April 23, 2013

Sponsored by: Burns and Wilcox. Personal Insurance Solutions That Cover All Their Needs. Click here for more information.
Insurance Journal Daily Headlines
April 23, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Directors, Officers Face Increased Scrutiny: Willis/Allen & Overy Survey

"The threat of regulatory investigations and enquiries, criminal penalties, along with anti-corruption legislation, are among the top ...

What Young Agents Say About Their Career Choice

The road to becoming a successful independent insurance agent is not always easy. The economy and often volatile property/casualty ...

Feds Rule Apple Did Not Violate Google Patent

Apple Inc scored a win on Monday when the U.S. International Trade Commission ruled that it did not violate a Google patent to make the ...

S&P Asks Federal Court to Dismiss U.S. Fraud Lawsuit

Standard & Poor's asked a federal judge on Monday to dismiss a U.S. Justice Department civil suit against the rating agency, arguing the ...

Most Carriers Offer Agents Training Opportunities for Online Sales: Survey

A two-thirds majority of independent insurance agents say their carriers are providing them with training and consulting on how to use ...

Crum & Forster to Offer DriveCam Services to Policyholders

Crum & Forster (C&F) will now offer DriveCam's managed services to its policyholders as part of C&F's loss control/safety management ...

From MyNewMarkets.com New Workers' Compensation Formula Lowers Premiums for Most Employers

A reworking of a key piece of the workers' compensation rating formula isn't changing rates overall but is changing premiums for most...
Carrier Management

Cyber Risk Still Not Insured By Most RMs: Towers Watson Survey

Carriers offering cyber insurance may have seen an increase in demand for their specialty insurance policies over the...
Sponsored by: Great American Insurance Group, Safety National and Demotech. Want News on the Go? Insurance Journal now available on the iPhone and Android - Download it free today! Click here for more information.
East

Zurich American to Refund $4.56M to Disability Policyholders in New York

New York Gov. Andrew Cuomo announced that Zurich American Insurance Company has agreed to refund $4.56 million to policyholders of its New ...

Vermont's Insurance Division Launches Online Complaint Filing System

Vermont's Financial Regulation Commissioner Susan Donegan announced this week that her department has launched a new secure online method ...

N.Y. Regulator Lists New Financial Issues of Concern

New York financial regulators have begun focusing on issues including the independence and integrity of monitors installed at banks and ...

After Irene and Lee in 2011, Some Families Still Displaced in New York

Amy and Bill Wetsel's house near the Schoharie Creek is still empty and stripped down to wall studs. More than 19 months after the deluge ...

Hundreds of Cars Unclaimed in Sandy to Be Auctioned in New York

More than 500 BMWs, Cadillacs, Toyotas and other vehicles damaged and towed during Superstorm Sandy remain unclaimed and will be auctioned ...

Ohio-based Zito Insurance Agency Partners with Keystone Insurers Group

Zito Insurance Agency, based in Mentor, Ohio, is partnering with insurance broker Keystone Insurers Group. Zito Insurance Agency was ...
Pick Your Price Sale from Academy of Insurance
Midwest

More Rain, Snow Could Lead to More Flooding in Midwest

The Mississippi River is topping out at some problematic spots and there is growing concern that spring floods are far from over. The good ...

Minnesota Driver's License Privacy Breaches Could Cost Millions

Liability claims for improper uses of Minnesota's driver's license database could reach several million dollars. Many cities, counties and ...

Signature Select Adds Rasby as Kansas City Market Leader

Signature Select LLC, an IMA company, has added Greg Rasby as the Kansas City market leader. Rasby joins Signature Select from Gallagher, ...
Southeast

North Carolina Senate OKs Insurance Laws That Could Mean Savings

A pair of automobile insurance bills doesn't overhaul how premiums are set in North Carolina but could provide some cost savings for ...

Floridians Encouraged to Buy Flood Insurance Before Hurricane Season Gets Underway

Florida Insurance Commissioner Kevin McCarty is encouraging Floridians to make preparations now for the upcoming 2013 hurricane season by ...

Florida Compounding Pharmacy Recalls Sterile Drugs

A Florida-based compounding pharmacy is voluntarily recalling all lots of its sterile non-expired drug products sold nationwide over ...

Workers' Comp Insurer MEMIC Appoints Ancillary Services Director in Florida

The MEMIC Group, a workers' compensation insurer headquartered in Maine, recently promoted Jared Payton to national director of ancillary ...
South Central

Earthquake Swarm Keeps Central Oklahoma All Shook Up

More annoying than threatening, tiny tremors are shaking portions of central Oklahoma with increasing frequency - rattling homes, knocking ...

Texas-Based Halliburton Posts 1Q Loss on Oil Spill Litigation Charges

Houston, Texas-based Halliburton says it lost $18 million in the first quarter, pulled down by $637 million in charges related to its role ...

Safety Rules Limited for Small Fertilizer Plants

There were no sprinklers. No firewalls. No water deluge systems. Safety inspections were rare at the fertilizer company in West, Texas, ...
West

Family Sues Idaho Hospital Over Father's Death

James Dorsey led a full and active life, his final years spent helping care for his grandchildren and enjoying big family dinners. The ...

Claim That Quake Caused Utah Mine Disaster Rejected

A University of Utah study had rejected a company's claims concerning the cause of a 2007 collapse at Utah's Crandall Canyon coal mine that ...

Former Montana Power Workers Settle Lawsuit

A class-action lawsuit between former workers at Montana Power Co. and the defunct utility has been settled for $1.2 million. The Montana ...

IIABCal Long-Time Member Michael Remembered

The Independent Insurance Agents and Brokers of California is reporting that long-time IIABCal member Lisa Michael died on April 18 from ...

RIMS in Southern California Touts Risks

Risk managers will play a greater role in strategic planning in the near future, according to a report issued on Monday. That was among the ...
Sponsored by: Brokers Insurance Group. Back to the Beginning. April 25 & 26, 2013. Pomona Fairplex. Pomona, CA. Click here for more information.
International

Willis Report Warns of Growing Risks from Natural Catastrophe Exposures

"The growing threat of natural catastrophes is raising serious challenges for corporate risk managers and the insurance industry," ...

Aon Global Risk Management Survey Highlights 'Top 10' Risks for 2013 & 2016

"Risk leaders are struggling to identify and manage the major risks facing their organizations," according to the biannual Aon Global Risk ...

AIR Worldwide Announces New Real-Time Climate Risk Analytics Service

Catastrophe modeling firm AIR Worldwide (AIR) has announced the availability of "Real-Time Climate Risk Analytics," which it described as a ...

No Light yet at End of Euro Zone Tunnel; Global Economic Weakness Persists

An early peek this week at how the euro zone economy performed in April could cement the case for the next installment in an unprecedented ...

Study Finds Long-Term Global Cooling Period Ended in 19th Century

A global long-term cooling trend ended late in the 19th century and was followed decades later by the warmest temperatures in nearly 1,400 ...

ACE International Expands Travel Risk Coverage to Renewable Energy Industry

ACE Commercial Risk Services, the U.S.-based small business insurance division of the ACE Group, has added additional capability ...
Sponsored Content

Atlas General Insurance Services, LLC Announces its Launch of the Atlas Commercial Division

San Diego, CA, 4/23/13 - Atlas General Insurance Services, LLC, a national multi-line program manager, is pleased to announce the formation ...
Insurance Journal Blogs

Podcast: March Madness of Insurance Mascots Goes Viral

We had a blast creating and running the March Madness of Insurance Mascots game. We didn't expect it to go viral (who does?) so it was ...

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Insurance Journal TV

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Greenberg's View: Finite Reinsurance

The cornerstone of former New York Attorney General Eliot Spitzer's campaign against AIG and...
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Agents Hang-On to P/C Market But Lose Ground in Personal Auto

After years of dwindling premiums, the property and casualty insurance industry managed to...

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

Insurance Noodle vs. Superior Access vs. Agent Secure
Posted: Mon Apr 22 -- mdagent, Superior Access and Consolidated are General Agents that submit your information to the respective companies for a quote. Then,... ziiqui
Pole Barn W/Wind FL
Posted: Wed Apr 17 -- Private property Autumnle465
Paperless Environment
Posted: Tue Apr 16 -- I completely agree with Island Girl. We started going paperless 6 years ago. The first year was a royal pain with the initial scanning but... justthere
Business Loss - Travel Insurance
Posted: Tue Apr 16 -- This is true. However, most people do not realize that major credit card companies also provide insurance for lost or damaged goods while... chad37
TX - Workers Comp - Contractor
Posted: Tue Apr 16 -- Have you considered a Professional Employer Organization (PEO)? SOI has locations in Dallas, Houston, Austin and San Antonio as well... DOrgant
What is your biggest pain as an agent?
Posted: Mon Apr 15 -- 1) Billing questions, non payment cancelations, reinstatement request of bad pay clients. 2) Binder requests... yoyowordup
Agency Management System
Posted: Mon Apr 15 -- If you click on the specific company at agencyuserreviews.com it shows you how many customers reviewed the software and their comments.... yoyowordup
Non compete lawsuit
Posted: Mon Apr 15 -- Shadow, Not sure it you've seen an attorney or not yet, but you need to do so ASAP if your husband is planning on staying in the business.... sacman
Direct Mail VS Paid Leads
Posted: Sat Apr 13 -- 'd' is correct! Don't waste your money! NOTHING works, except REFERRALS! If you have COMPETITIVE companies, solicite your own clients for... ziiqui

Reader Comments

Court: No Insurance Coverage in South Dakota Crash That Hurt 4 Boys
Posted: Mon Apr 22 -- First, very sorry for the families, glad their children did survive. How much clearer does a notice of cancellation have to be than to give... TxLady
FBI Calls Boston Marathon Bombings 'Potential' Terrorist Act
Posted: Wed Apr 17 -- Planet, I have been praying for the victims since it happened and also that our government will be successful in catching and dealing with... Agent
Climate Scientists Struggle to Explain Warming Slowdown
Posted: Tue Apr 16 -- While I hoped the global warming crowd was wrong,I was kind of looking forward to seeing my Midwestern estate transformed into beachfront... Original Bob
Deal OK'd in Muslims' False Advertisement Suit Against McDonald's
Posted: Fri Apr 19 -- They shouldh't have to eat at home. Just open their own style restaurant and quit going to McDonalds. Nothing difficult about it. They should be able to eat out
Colorado Jury Finds Helmet Maker Riddell Negligent
Posted: Tue Apr 16 -- Maybe they should go back to wearing leather condoms like they used to way back when they first started playing football. In days of yore...

Current Issue

April 22, 2013
Current Issue
Top 50 Apps for Insurance Agents; Entertainment, Sports & Special Events; Directors & Officers Liability

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: Agents Hang-On to PC Market But Lose Ground in Personal Auto

Insurance Journal TV
April 23, 2013
Feature Video

Agents Hang-On to P/C Market But Lose Ground in Personal Auto

After years of dwindling premiums, the property and casualty insurance industry managed to grow substantially in 2011. Independent agents and brokers hung on to their share of...

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

Apr 19, 2013

Daily Headlines: Friday, April 19, 2013

Sponsored by: IMCA. 2013 IMCA Annual Conference Showcase Awards. Philadelphia, PA. June 23-26, 2013. Click here for more information.
Insurance Journal Daily Headlines
April 19, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

AIG Wins Bid to Move $10B Bank of America Mortgage Lawsuit

A federal appeals court ruled in favor of American International Group Inc by concluding that the insurer's $10 billion lawsuit against ...

Google Again Beats Viacom in YouTube Copyright Case

A federal judge has thrown out Viacom Inc.'s lawsuit accusing Google Inc. of posting its programs on YouTube without permission, a year ...

Rains Wash Away U.S. Drought, Shifting Farm Economy's Prospects

Torrential downpours across a broad swath of the U.S. Midwest this week are easing the worst drought in more than 50 years, flooding ...

Woody Allen v. William Faulkner: Fair Use?

A lawsuit filed by William Faulkner's heirs over a quote in the Woody Allen film "Midnight in Paris" has been scheduled for trial April 7, ...

Professional Risk Solutions to Offer Product Liability, Life Sciences Coverages

Wholesale Brokerage Professional Risk Solutions (PRS) has launched a new venture that extends its offerings to general and product ...

House Passes Cybersecurity Bill Despite Veto Threat

The House of Representatives passed legislation on Thursday designed to help companies and the government share information on cyber ...

From MyNewMarkets.com Interest in Personal Gun Liability Insurance Protection Increasing

Interest in personal liability insurance for firearms owners has expanded with the media focus on gun-centric events and the public...
Carrier Management

O'Leary Set To Lead PHLY's High Achievers & Loyal Soldiers

Although the name of the senior-most officer of Philadelphia Insurance is changing, just about everything else is going...
Free Work Comp Checklist from Academy of Insurance
East

Farmers to Close 21st Century Insurance Call Center in N.Y.

Los Angeles-based Farmers Insurance Group is continuing its integration effort with 21st Century Insurance, an auto insurance company it ...

New York Family Awarded $130M in Medical Malpractice Lawsuit

A Long Island, N.Y., family has been awarded $130 million in a malpractice lawsuit. The parents of Shannon Reilly of Bayport had sued St. ...

2 Former Willis Execs to Lead Towers Watson's Crisis Management Team in N.Y.

Global professional services company Towers Watson hired two brokerage executives for its crisis management business in the U.S. Towers ...

Newark, N.J., Cop Indicted on Auto Insurance Fraud Charge

Prosecutors say a veteran Newark, N.J., police officer has been indicted on insurance fraud charges. Johnathan Taylor faces charges of ...
Midwest

Illinois Jury Sides with Johnson & Johnson in Hip Implant Case

An Illinois jury on Tuesday found in favor of Johnson & Johnson's DePuy orthopedics unit in a second product liability trial of nearly ...

Michigan Governor Unveils Auto Insurance Plan

Michigan Gov. Rick Snyder and Republican lawmakers have unveiled a proposal to end unlimited lifetime coverage for medical expenses tied to ...

Deal OK'd in Muslims' False Advertisement Suit Against McDonald's

A judge has finalized a $700,000 settlement between McDonald's and members of Michigan's Muslim community over claims a Detroit-area ...

Rain Prompts Flood Worries in Missouri, Illinois, Iowa

The Mississippi River, so low for much of the winter that barge traffic was nearly halted, could reach up to 10 feet above flood stage by ...

Missouri Senate Backs $15M of Aid After Joplin Tornado

Missouri senators have backed a plan that could provide $15 million to Joplin to rebuild street curbs and gutters damaged as a result of a ...
Southeast

Florida Hurricane Cat Fund Reform in Jeopardy

Plans to reform Florida's state-backed reinsurance facility with proponents scaling back their proposals. The Florida Hurricane Catastrophe ...

Alabama Jury Awards Family $17M for Hospital Malpractice

A DeKalb County family has been awarded more than $17 million in after a jury found a physician's assistant liable for causing a man's ...

Florida Man Guilty of $1.2M BP Oil Spill Claims Fraud

A South Florida man is facing a potentially lengthy prison sentence after a jury convicted him of attempting to defraud the BP oil spill ...

Patriot National Promotes Halter to Executive Vice President

Workers' compensation specialist Patriot National Insurance Group promoted Paul Halter to executive vice president of underwriting and ...
South Central

What Did Regulators Know Before Texas Plant Exploded?

Despite being located within a short walk of a nursing home, school and residential buildings, West Fertilizer Co. in central Texas had no ...

Fertilizer Explosion Response Team Includes Texas Insurance Department

The Texas Department of Insurance (TDI) reports it is working in conjunction with other public agencies in responding to the April 17 fire ...

Senate Bill Would Require Approval of Large Louisiana Citizens Rate Hikes

Large rate hikes for customers of Louisiana's property insurer of last resort would require legislative approval, under a bill that ...

Texting While Driving Ban Advances in Texas House

A renewed push to make texting while driving illegal in Texas stayed afloat on April 17, but only after narrowly defeating bipartisan ...
West

Wrongful Death Claims Kept Open in Colorado Shootings

A federal judge on Wednesday declined to dismiss wrongful death and liability claims filed against the company that owns the Colorado movie ...

Colorado Lawmakers Consider Worker Discrimination Claims

A proposal to increase legal remedies for employee discrimination at small businesses in Colorado got initial approval by House Democrats ...

Lawsuit Over Los Angeles Lap-Band Ads Is Settled

A company that promotes Lap-Band weight-loss surgery has agreed to pay $1.3 million to settle a false-advertising lawsuit in Southern ...
Sponsored by: Acord Loma Insurance Systems Forums. May 6-8, 2013. MGM Grand Hotel, Las Vegas, NV. Click here for more information.
International

U.S., UK Want Financial Services Included as Part of Trade Pact

The United States and the UK aim to include financial services in a proposed free-trade agreement between Washington and the 27-nation ...

Wadley to Head New Endurance Pro Insurance Unit

Bermuda-based Endurance Specialty Holdings Ltd. announced that Daniel Wadley has joined the company as Executive Vice President and Head of ...

S&P: Bermuda Outlook Revision 'No Impact' on Bermuda Reinsurer Ratings

Standard & Poor's Ratings Services in a report titled "The Recent Outlook Revision On Bermuda Does Not Affect Bermudian (Re)Insurers", said ...

Best Affirms Ratings French State Reinsurer Caisse Centrale de Réassurance

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

S&P Report Looks At ERM Scores of North American, Bermudian Insurers

Standard & Poor's Ratings Services has updated its enterprise risk management (ERM) opinions for all of its rated North American and ...

Ratings Recap: GIG-Egypt, Univé Her, Infrassure

A.M. Best Europe - Rating Services Limited has affirmed the financial strength rating of 'B++' (Good) and issuer credit rating of "bbb" of ...

SoDA, IPISC to Offer IP Defense Insurance for Digital Agencies, Production Cos.

SoDA, an association focused on the digital agency and production company community, has partnered with IPISC to offer intellectual ...
Sponsored Content

One-Day Modern Consumer Training for Insurance Professionals Hosted by PIA of Michigan on Thursday, April 25th

Warwick, RI, 4/19/13 - Astonish, a leading digital marketing solutions and sales training provider for insurance agencies, encourages local ...
Insurance Journal Blogs

Could this be the Year for No-Fault Reform in Michigan?

Maybe the Michigan auto insurance law was "essential" when it became law, but in the last four decades it has become luxurious compared to ...

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Insurance Journal TV

Video thumbnail

Greenberg's View: Finite Reinsurance

The cornerstone of former New York Attorney General Eliot Spitzer's campaign against AIG and...
Video thumbnail

Agents Hang-On to P/C Market But Lose Ground in Personal Auto

After years of dwindling premiums, the property and casualty insurance industry managed to...

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

Pole Barn W/Wind FL
Posted: Wed Apr 17 -- Private property Autumnle465
Paperless Environment
Posted: Tue Apr 16 -- I completely agree with Island Girl. We started going paperless 6 years ago. The first year was a royal pain with the initial scanning but... justthere
Business Loss - Travel Insurance
Posted: Tue Apr 16 -- This is true. However, most people do not realize that major credit card companies also provide insurance for lost or damaged goods while... chad37
TX - Workers Comp - Contractor
Posted: Tue Apr 16 -- Have you considered a Professional Employer Organization (PEO)? SOI has locations in Dallas, Houston, Austin and San Antonio as well... DOrgant
Agency Management System
Posted: Mon Apr 15 -- If you click on the specific company at agencyuserreviews.com it shows you how many customers reviewed the software and their comments.... yoyowordup
Non compete lawsuit
Posted: Mon Apr 15 -- Shadow, Not sure it you've seen an attorney or not yet, but you need to do so ASAP if your husband is planning on staying in the business.... sacman
Direct Mail VS Paid Leads
Posted: Sat Apr 13 -- 'd' is correct! Don't waste your money! Nothing works, except referrals! If you have competitive companies, solicite your own clients for... ziiqui

Reader Comments

Climate Scientists Struggle to Explain Warming Slowdown
Posted: Tue Apr 16 -- Of course they're struggling to explain it. Their whole argument was BS from the beginning. Larry Bortolin
As Gun Sales Soar, Insurance Sales Follow Suit
Posted: Mon Apr 15 -- Folks, Ya'll need to shake yourself. Police are trained to shoot or not shoot at targets based on threat assessment. A woman carrying a baby... Roger Rabbit
Gun Liability Insurance Measures Facing Uphill Battle in State Legislatures
Posted: Mon Apr 15 -- Agent said- Caterpillar was really struggling with Obamacare and how it was going to affect them so they applied for and received a... Sargent Major
UN Report Finds World Climate Change Goal at Risk as Emissions Surge
Posted: Mon Apr 15 -- I will most likely be regarded as a "sceptic" with my following commentary however, believe that I am actually a "realist", so here we go.... Jeff Smith
FBI Calls Boston Marathon Bombings 'Potential' Terrorist Act
Posted: Wed Apr 17 -- Planet, I have been praying for the victims since it happened and also that our government will be successful in catching and dealing with... Agent

Current Issue

April 8, 2013
Current Issue
Big "I" Issue (with Young Agents Survey); Medical Professional Liability; Alcohol & Drug Rehab; Bonus: Education & Training Directory

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