Sep 25, 2013

Daily Headlines: Wednesday, September 25, 2013

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Insurance Journal Daily Headlines
September 25, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Average Obamacare Premiums Will Be Lower Than Projected

By Julie Appleby and Phil Galewitz Kaiser Health News Staff Writers Just days before new online health insurance markets are set to open, ...

Quiet Atlantic Storm Season Humbles Forecasters

The 2013 Atlantic hurricane season is humbling forecasters by shaping up as the first in almost two decades without a major storm, ...

BofA Denies Government Claim of 'Massive Fraud' in Trial Over Mortgages

Bank of America Corp.'s Countrywide unit placed profits over quality in a "massive fraud" selling shoddy mortgages to Fannie Mae and ...

Tech Firm Trōv Promises to Reinvent 'Insurance to Value' for P/C Industry

A high tech start-up is promising to raise the standard for determining "insurance to value" by giving property/casualty insurance ...

ProAssurance Backing New Lloyd's Syndicate

Birmingham, Alabama-based medical liability insurer ProAssurance Corp. will be the majority capital provider to the proposed new Syndicate ...

Aon Names Andersen, O'Connor CEOs of Key Units

Aon Plc, the world's second-biggest insurance broker by market value, named Eric Andersen head of the Aon Benfield reinsurance operation ...

B&B Protector Plans, Aspen US Partner for Lawyers Professional Liability

B&B Protector Plans, Inc. and Aspen US Insurance have partnered for lawyers professional liability, with Aspen US now the carrier for the ...

From MyNewMarkets.com Will Third Time Be the Charm for National Producer Licensing Bill?

Will the third time be the charm? Insurance groups and lobbyists in Washington are hoping so, after the House of Representatives this week...
Carrier Management

NFIP Policy Cancellation Statistics: No Loss, No Insurance

A Wharton School professor advocates a multiyear flood insurance policy as part of a program aimed at getting owners of...
Great American Insurance Group, Demotech and Vertafore. Want News on the Go? Insurance Journal now available on the iPhone, Android and Kindle Fire - Download it free today! Click here for more information.
East

Connecticut's Health Care Exchange Receives Key Approval

Connecticut's health insurance exchange has finished testing its connection with the federal data services hub, a final step toward opening ...

Public Adjusting Firm, Owner Admit Insurance Fraud in New Jersey

State authorities in New Jersey say a Monmouth County-based public adjusting company has admitted submitting fraudulent insurance claims in ...

Rhode Island Police Launch Seatbelt Enforcement Campaign

Police in Rhode Island are stepping up their enforcement of the state's seatbelt laws. State Police Superintendent Col. Steven O'Donnell ...

N.J. Bill Seeks to Strengthen Homeowners' Cases Against Insurers in Civil Court

New Jersey Assemblyman Reed Gusciora (D-Mercer/Hunterdon) last week proposed a bill aimed at strengthening homeowners' cases against their ...
Coverage Triggers: Occurrence vs. Claims Made Liability Coverage - Academy of Insurance is hosting this 1-hour live webinar Thursday, Sept 26 - register today to save your spot
Midwest

Ash Brokerage Corp. Moving Into Fort Wayne, Ind., Mixed-Use Project

An insurance brokerage will relocate its Fort Wayne, Ind., headquarters to a new $71 million downtown mixed-use project and create 115 jobs ...

NAMIC Honors SECURA's Bykowski with Chairman's Award

The National Association of Mutual Insurance Companies named John Bykowski, president and CEO of SECURA Insurance in Appleton, Wis., as the ...

Zimmer Named VP, Mergers and Acquisitions at Sentry Insurance

Michael V. Zimmer has been named vice president of mergers and acquisitions for Stevens Point, Wis.-based Sentry Insurance. Zimmer joined ...
Southeast

Court Weighs Merits of Hold Placed on Florida PIP Reforms

Florida automobile insurers are hoping a court lifts an injunction that has blocked portions of the state's 2012 no-fault law from taking ...

Kentucky Judge Rules Woman Must Testify Against Same-Sex Partner

The same-sex partner of a woman charged with murder must testify against her and isn't protected by the husband-wife privilege under state ...

Feds Vow More Oversight at South Carolina Nuclear Plant

Federal officials announced they are going to be doing more oversight at a South Carolina nuclear power plant that has tallied a number of ...
South Central

Louisiana Commissioner: Complexity of Health Law 'Mind-Boggling'

Louisiana's insurance commissioner said that there is "no way at all" that people have enough information to make decisions when the new ...

TWFG Surpasses 300-Branch Mark with 24 New Offices

The Woodlands Financial Group's TWFG Insurance Services division, based in The Woodlands Texas, has added another 24 offices to its roster ...
West

Synthetic Marijuana Death Prompts Lawsuit Against Colorado Store

The death of a 19-year-old who died after smoking synthetic marijuana has prompted a wrongful death suit against a Colorado Springs ...

Southern California Judge Refuses to Stay Ruling on Impounded Cars

A Superior Court judge has refused to set aside a ruling striking down a Los Angeles Police Department policy that made it easier for ...

Opinion: Energy Industry Liability May Cover Contamination Claims From Colorado Flooding

Colorado residents and businesses face devastating water inundation that many are dubbing a one-in-500-years weather event. Early reports ...

California Commissioner Names New Deputy Commissioner Of Enforcement

California Insurance Commissioner Dave Jones named Eric Weirich deputy commissioner of the enforcement branch of the California Department ...
International

Strong Quake Strikes Southern Pakistan: AIR Worldwide Analysis

According to catastrophe modeling firm AIR Worldwide, "at 7:29 a.m. Eastern time (4:29 p.m. local time), a magnitude 7.7 earthquake struck ...

Canada Regulator Urges Re/Insurers to Use Cat Bonds after Flood Disaster

Canada's banking regulator is urging insurers to sell catastrophe bonds for the first time to cut the risk of natural disasters, such as ...

Aon Benfield Makes Executive Appointments to Enhance Risk Strategy

Aon Benfield has announced the following strategic executive appointments: Eric Andersen as CEO of Aon Benfield; Mike O'Connor as CEO of ...

Reforms Urged to Make UN Climate Reports Shorter, More Focused

Climate experts on a U.N. panel should focus more on shorter reports on specialist subjects such as extreme weather in a shift from ...
Can You Answer These 5 Homeowners Coverage Questions? Click here to find out - from Academy of Insurance

Insurance Journal Blogs

Summer Vacation Is Over, So Let's Talk Camp

At this time of year, maybe you recall the fun you had at those summer camps. Okay, the mosquitoes in the tent and the Hamburger Helper in ...

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Swiss Re's Chief Economist Sees GDP Growth

Swiss Re's chief economist Kurt Karl sees some light at the end of the tunnel for the world's...
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California Assemblyman Mixes Insurance and Politics

Assemblyman Ken Cooley, D-Rancho Cordova, started his insurance career in the 1970s working on...

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

Agency Management System
Posted: Wed Sep 25 -- Hello, A lot of good info here. I checked out the following... ZappMan
Non-for-profit Volunteer Coverge
Posted: Wed Sep 25 -- That's great new's.. We have the WC with Hartford as well. Big help!!!!! CoJones
Information on Clusters
Posted: Tue Sep 24 -- If you've written $1,000,000 in premium in 4 months, why can't you just get your own contracts? yoyowordup
Selling Non-Standard P&C Book of Business & Agency Texas
Posted: Fri Sep 20 -- The key to maximizing the outcome is to seek a team of skilled advisors, prepare for the sale, discretely market the agency to the most... AgencyBrokerage
Need W/C Market - (Ca.) Med. Marijuana Dispensary w/lapse
Posted: Fri Sep 20 -- Hello, we've been looking around for a Workers Comp. market for about a week with no luck and hoping someone here has an idea. It's a... PaulN
Niche Market
Posted: Thu Sep 19 -- Gas stations are not big revenue generators on one station. But, each one you write is a referral to get you into the next one, and a lot of... e-bit
Advice needed from seasoned producers
Posted: Thu Sep 19 -- If you go with a smaller local agency that is experienced in the type of accounts you want to write you'll be much better off. You'll get a... e-bit
Certificates of Insurance ???
Posted: Thu Sep 19 -- A certificate of insurance means nothing except what is read into it. Always attach the supporting endorsements as they show the exact cover... e-bit
California Work Comp Class Code detail
Posted: Thu Sep 19 -- From one of the carriers: 9008: Janitorial Services - By Contractors 9009: Building Operation - Commercial Properties - All Other... wariline

Reader Comments

Travelers Launching Low Cost, Segmented Product in New Personal Auto Strategy
Posted: Mon Sep 23 -- Isn't it amazing that they managed to cough up $1.2 Billion to buy the Canadian company after they laid off the employees? They treat their... Agent
Idaho Gun Show Canceled Due to Insurance Requirements
Posted: Fri Sep 20 -- The prior incident referred to was a totally different group. FYI, no loaded weapons are allowed in the show and all guns are check prior to... Fred
Hacker Group in China Linked to Cyberattacks Against U.S. Firms: Symantec
Posted: Wed Sep 18 -- That's what American companies get when they outsource the manufacturing and customer support of their products overseas. It's almost like... Baxtor
Guy Carpenter Says 'Global Warming' a Reality - Citing IPCC Report
Posted: Thu Sep 19 -- Hmmmm. The Green Weenies at the BBC said the arctic would be free of ice by 2013. There has been an increase in the ice cap of over... Water Bug
No Penalty for Employers Not Telling Employees About Obamacare
Posted: Wed Sep 18 -- Agent, I think you misunderstood the goal of the PPACA. The main goal wasn't to lower your insurance rate. Though, we are seeing in several... Captain Planet

Current Issue

September 23, 2013
Current Issue
Surplus Lines: State of the Market / NAPSLO Issue; Lloyd's Syndicate Spotlight; Quarterly Employee Benefits Brokerage Report; Bonus: The Florida Issue (Special Supplement)

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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.

Sep 24, 2013

Daily Headlines: Tuesday, September 24, 2013

Sponsored by: Westrope. Risk. Bring It On! Click here for more information.
Insurance Journal Daily Headlines
September 24, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Not So Fast: Driverless Vehicles Face Driver Caution and Other Speed Bumps

The world has moved quickly from wonder at the idea of driverless cars to impatient expectation. The Cadillac SRX zipping around a test ...

Employers Could Save Billions Swapping COBRA For Obamacare

By Jay Hancock, KHN Staff Writer Health-law provisions taking effect next year could save U.S. employers billions of dollars in expenses ...

AIG, Brookfield End Litigation Over Financial Crisis

American International Group Inc. and Brookfield Asset Management Inc. agreed to end a 2009 lawsuit in which Brookfield sought a judge's ...

ProAssurance to Acquire Workers' Comp Insurer Eastern Holdings

Medical professional liability insurer ProAssurance Corp. said it is acquiring monoline workers' compensation insurer Eastern Insurance ...

Beecher Carlson Expands Energy Practice with Appointment of Wass

Atlanta-based insurance broker Beecher Carlson, a division of Brown & Brown Inc., has appointed Frederick Wass as senior vice president. ...

Willis North America Names Joost Chief Operating Officer

Willis North America has appointed Eric Joost as chief operating officer. Joost has been serving as chief executive of Willis North ...

Fireman's Fund Launches New Commercial Property Form for Highly Protected Risks

Fireman's Fund Insurance Co. has launched Property-Gard Pinnacle, a new commercial property form that integrates new coverages and policy ...

From MyNewMarkets.com Will Third Time Be the Charm for National Producer Licensing Bill?

Will the third time be the charm? Insurance groups and lobbyists in Washington are hoping so, after the House of Representatives this week...
Carrier Management

Companies Perceived as Too Tolerant of 'Toxic Employees' with Bad Attitudes

Employees believe their employers are too tolerant of toxic coworkers, according to survey results announced by a...
Sponsored by: Astonish. Don't Just Compete.... WIN! Astonish, The best friend of the local agent! Training, Marketing, Technology. Click here for more information.
East

Maryland's IWIF to Convert to Private, Not-for-Profit Insurer on Oct. 1

On Oct. 1, IWIF, Maryland's largest provider of workers' compensation insurance, will launch a new name and corporate structure as a ...

NCCI Files Overall Average WC Loss Cost Level Change of +3.2% in Connecticut

The National Council on Compensation Insurance (NCCI) last week delivered a workers compensation loss cost filing to the Connecticut ...

NJM, Everett Cash Mutual Join NAMIC's 'Century Club'

The National Association of Mutual Insurance Companies (NAMIC) announced that two Northeast-based member companies, New Jersey ...

FEMA Approved Over $1B in Assistance to Individuals, Families in N.Y. After Sandy

The Federal Emergency Management Agency announced this week that it has approved more than $1 billion in assistance to individuals and ...
Coverage Triggers: Occurrence vs. Claims Made Liability Coverage - Academy of Insurance is hosting this 1-hour live webinar Thursday, Sept 26 - register today to save your spot
Midwest

SECURA Insurance Promotes Arnold, DeHart to Executive Positions

Appleton, Wis.-based SECURA Insurance has promoted Marty Arnold to senior vice president - underwriting and Amy DeHart to vice president - ...

Bill Would Ban Ohio Teens from Driving Buddies

A Republican state lawmaker is proposing tough new driving restrictions on Ohio teens, including prohibiting them from transporting even ...

Nonprofit Health Insurance Company Forming in Wisconsin

Business leaders and community organizers in Milwaukee, Wis., have formed a nonprofit health insurance company to provide coverage to small ...
Southeast

Florida Realtors Join Call to Delay Flood Insurance Hikes

Real estate brokers have joined the chorus of those asking Congress to halt some of the changes to the nation's flood insurance program ...

Florida City Frustrated with Abandoned Cruise Ship

Panama City has spent tens of thousands of dollars removing dozens of derelict boats as it redevelops its waterfront. But one abandoned ...

Willis North America Names Doyle Managing Partner in Tampa

Willis North America announced that James Doyle has been appointed managing partner of Willis' Tampa operations. In this role, Doyle will ...
South Central

Arkansas: Health Insurance Rates Lower than Expected in New Marketplace

With 71 qualified health insurance plans to be sold on the individual market in the new health insurance marketplace, Arkansas officials ...

Wal-Mart Driver Honored for 4M Accident-Free Miles

Somewhere out west in recent days, cross-country truck driver Warren Greeno passed the 4-million-mile mark without an accident. ...

Work-Related Fatalities Decline in Louisiana in 2012

The number of work-related fatalities in 2012 in Louisiana declined to 106, according to a preliminary count by the U.S. Bureau of Labor ...
West

Closing Arguments Presented in $1B Lead Paint Case in California

NL Industries Inc. is one of five paint companies that presented closing arguments against a public-nuisance lawsuit by 10 California ...

Confie Seguros Taps Chief Revenue Officer in California

California-based Confie Seguros named Darrin Silveria chief revenue officer. The national insurance broker focused on non-standard auto ...

New Mexico Floods Damaging But Also Brought Drought Relief

Recent flooding brought widespread damage to New Mexico, but the rain also provided significant relief for the state's drought. Some ...

Networked Names Four to Management Posts in California

Networked Insurance Agents, an aggregator serving independent property/casualty agencies across the West, named four key management ...

Swarm Of Earthquakes Shake Yellowstone

Until recently, Bob Smith had never witnessed two simultaneous earthquake swarms in his 53 years of monitoring seismic activity in and ...
International

Fairfax Consortium Bids $4.7 Billion to Take BlackBerry Private

Smartphone maker BlackBerry has agreed to go private in a $4.7 billion deal led by its biggest shareholder, allowing the on-the-go email ...

Catlin Establishes 'Global Reef Record' Database for Coral Ecosystems

International specialty property/casualty insurer and reinsurer Bermuda-based Catlin Group Limited announced the establishment of the ...

Aon Benfield Study Finds Continuing Growth in Asia Pacific Region

Aon Benfield's annual Evolving Criteria report, which reviews the latest developments in rating agency protocol and impact for the ...

Best's UK Non-Life Report Highlights 'Challenging Market Conditions'

According to a new report from A.M. Best Co., the U.K. non-life insurance sector "faces mounting pressures, ranging from regulatory changes ...

Alberta Floods Canada's Costliest Natural Disaster

The massive floods that devastated swaths of southern Alberta in June are estimated to be the costliest natural disaster in Canadian ...

Ironshore Int'l. Appoints O'Reilly to Underwrite M&A in Singapore

Ironshore International has appointed Astrid O'Reilly to write Mergers & Acquisitions (M&A) insurance lines, based in its Singapore office. ...
Can You Answer These 5 Homeowners Coverage Questions? Click here to find out - from Academy of Insurance

Insurance Journal Blogs

A Non-traditional Approach in a Traditional Industry

IJAM welcomes guest blogger Theresa Schugel, EVP - Business Development, BMS Group. BMS has a fun branding campaign happening right now ...

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Insurance Journal TV

Video thumbnail

Swiss Re's Chief Economist Sees GDP Growth

Swiss Re's chief economist Kurt Karl sees some light at the end of the tunnel for the world's...
Video thumbnail

California Assemblyman Mixes Insurance and Politics

Assemblyman Ken Cooley, D-Rancho Cordova, started his insurance career in the 1970s working on...

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

Information on Clusters
Posted: Mon Sep 23 -- I am a seasoned veteran producer that has just started an agency in the south this year with another established retailer, however, we are... Tony06109
Selling Non-Standard P&C Book of Business & Agency Texas
Posted: Fri Sep 20 -- The key to maximizing the outcome is to seek a team of skilled advisors, prepare for the sale, discretely market the agency to the most... AgencyBrokerage
Need W/C Market - (Ca.) Med. Marijuana Dispensary w/lapse
Posted: Fri Sep 20 -- Hello, we've been looking around for a Workers Comp. market for about a week with no luck and hoping someone here has an idea. It's a... PaulN
Niche Market
Posted: Thu Sep 19 -- Gas stations are not big revenue generators on one station. But, each one you write is a referral to get you into the next one, and a lot of... e-bit
Advice needed from seasoned producers
Posted: Thu Sep 19 -- If you go with a smaller local agency that is experienced in the type of accounts you want to write you'll be much better off. You'll get a... e-bit
Certificates of Insurance ???
Posted: Thu Sep 19 -- A certificate of insurance means nothing except what is read into it. Always attach the supporting endorsements as they show the exact cover... e-bit
California Work Comp Class Code detail
Posted: Thu Sep 19 -- From one of the carriers: 9008: Janitorial Services - By Contractors 9009: Building Operation - Commercial Properties - All Other... wariline
Parachute Rigger Insurance
Posted: Wed Sep 18 -- These class should be no problem as long as the insured is also warehousing fireworks and asbestos. yoyowordup
Will Insurance Co pay existing claim after cancelling?
Posted: Wed Sep 18 -- I don't usually make the effort to pile on, but in this case I just can't resist. So, Itchibahn, for the past decade, you've presumably... d's insurance store

Reader Comments

FEMA Chief Disappoints Senators, Says He Can't Delay Flood Insurance Rates
Posted: Mon Sep 23 -- If people can't afford to pay flood insurance premiums, then they simply cannot afford to live in a flood plain. Especially recurring flood... Dave
Ex-Republican Crist Expected to Run For Governor in Florida as Democrat
Posted: Tue Sep 17 -- All because of a hug from the Democratic president. Funny how a principled Republican can turn into a Democratic pimp. Doesn't say much for... Celtica
Travelers Launching Low Cost, Segmented Product in New Personal Auto Strategy
Posted: Mon Sep 23 -- Isn't it amazing that they managed to cough up $1.2 Billion to buy the Canadian company after they laid off the employees? They treat their... Agent
Employers Making Benefit Changes Under Cover of Obamacare
Posted: Mon Sep 23 -- Well, let's drug test Wall Street and all of the corporations who receive corporate handouts. If you want to drug test the impoverished, you... Captain Planet
Idaho Gun Show Canceled Due to Insurance Requirements
Posted: Fri Sep 20 -- The prior incident referred to was a totally different group. FYI, no loaded weapons are allowed in the show and all guns are check prior to... Fred

Current Issue

September 23, 2013
Current Issue
Surplus Lines: State of the Market / NAPSLO Issue; Lloyd's Syndicate Spotlight; Quarterly Employee Benefits Brokerage Report; Bonus: The Florida Issue (Special Supplement)

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: ANVs Matt Fairfield: What Running a Global Company is Like

Insurance Journal TV
September 24, 2013
Feature Video

ANV's Matt Fairfield: What Running a Global Company is Like

R. Matthew "Matt" Fairfield, the Founder and CEO of ANV, epitomizes the global insurance executive. He lives in Spain, runs a company based in the Netherlands, a Lloyd's syndicate...

Watch Now

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

Sep 23, 2013

Daily Headlines: Monday, September 23, 2013

Sponsored by: CNA Insurance. We Can Show You More. Click To Learn More..
Insurance Journal Daily Headlines
September 23, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

FEMA Chief Disappoints Senators, Says He Can't Delay Flood Insurance Rates

Pressure continues to build in Congress to delay implementation of flood insurance reforms that are raising premiums for thousands of ...

Surplus Lines Took Hit from Sandy in 2012 But Appears Back on Track in 2013

Surplus lines insurers in 2012 posted one of their worst years overall as their underwriting performance fell below that of the total ...

Vote on Prudential Systemic Risk Designation Was 7-2

Prudential Financial Inc., the second-largest U.S. life insurer, was designated systemically important in a 7-to-2 vote by a council of ...

Technology, Not Presidents, Drives Healthcare Costs

Last week I attended Brookings Papers on Economic Activity to watch some of the smartest economists in America debate some of the most ...

'Entitled' Employees More Likely to Claim Bosses Misreat Them

Employees who have a sense of unjustified entitlement are more likely to say that their bosses are abusive and mistreat them than their ...

From MyNewMarkets.com Will Third Time Be the Charm for National Producer Licensing Bill?

Will the third time be the charm? Insurance groups and lobbyists in Washington are hoping so, after the House of Representatives this week...
Carrier Management

Are Multiyear Policies the Answer For Flood?

Buyers and sellers of flood insurance can benefit from a longer-term perspective, and long-term multiyear policies may...
Can You Answer These 5 Homeowners Coverage Questions? Click here to find out - from Academy of Insurance
East

N.J. Group to Rally Against Rising National Flood Insurance Premiums

Toms River, N..J., homeowner George Kasimos wants to make sure that lawmakers in Washington, D.C., hear the growing concerns of his shore ...

Report: Traffic Accidents, Fatal Fires Down in New York City

New York City's annual report card says the number of residents killed in traffic accidents plunged considerably over the last year. Mayor ...

Local Firms in Pennsylvania Take 'Wait and See' Approach to Health Care Law

The mandate that large employers provide health care coverage to their employees has been put off until 2015, but some businesses have ...

N.J. Gov. Christie Defends Sandy Aid for Burned Boardwalk Businesses

New Jersey Gov. Chris Christie on Sept. 18 defended his decision to use federal Superstorm Sandy recovery money to help rebuild businesses ...
Coverage Triggers: Occurrence vs. Claims Made Liability Coverage - Academy of Insurance is hosting this 1-hour live webinar Thursday, Sept 26 - register today to save your spot
Midwest

Zuraitis Named President, CEO of Horace Mann

Springfield, Ill.-based Horace Mann Educators Corp. announced that Marita Zuraitis has been named president and chief executive officer and ...

Fees Charged to Insurance Volunteers in Wisconsin Criticized

Volunteers who want to help people decipher the new health insurance marketplace when it comes online Oct. 1 must pay for a background ...

Data: Iowa insurance Exchange Will Offer Low Premiums

Newly released rate information on Iowa's health care marketplace shows the state will offer some of the lowest premiums in the country. ...

Illinois Farm Deaths at Lowest Level in 35 Years

The number of laborers and others killed in accidents on Illinois farms is falling. The (Champaign) News-Gazette reports that the number of ...

Nebraska Company Fined $194K for Trench Collapses, Worker Injuries

Taylor's Drain and Sewer Service in Nebraska has been cited by the U.S. Department of Labor's Occupational Safety and Health Administration ...
Southeast

Mississippi Insurance Agency Owner Charged with Fraud

A Philadelphia, Miss., man has been charged with multiple counts of insurance fraud. Attorney General Jim Hood said in a news release that ...

Florida's Citizens Has New Plan to Shift 200,000 Policies to 8 Private Insurers

Florida's largest insurer could be shifting thousands more of its policyholders away from the state-created company and into private ...
South Central

U.S. Wants Supreme Court to Take up Hobby Lobby Case

The federal government has asked the U.S. Supreme Court to decide whether Oklahoma City-based Hobby Lobby and a Christian bookstore chain ...

Allianz Global Corporate & Specialty Expands Offshore Energy Team in Houston

Allianz Global Corporate & Specialty (AGCS) has expanded its Offshore Energy Risk Consulting team with the appointment of Dawayne Tipton as ...

Texas Insurance Community Aims High in United Way Campaign

Texas insurance companies and agency partners are challenging themselves and other insurance industry professionals to raise the bar for ...

Louisiana Insurance Agent Arrested

A Slidell, La., insurance agent was served by Louisiana Department of Insurance Fraud Division investigators with a summary suspension and ...
West

Colorado Flooding: The Silver Lining

Surging waters in Colorado swept away barns, silos and fences and left houses covered in mud in this northern agricultural town. The flood ...

Brewer Issues Emergency Declaration For 2 Arizona Counties

Arizona Gov. Jan Brewer has signed a declaration of emergency to assist with flood recovery in Apache and Greenlee counties. A series of ...

Montana Residents Suing Over Petroleum Pollution

Nearly 50 Cut Bank residents have filed a lawsuit alleging their properties have been polluted by petroleum from a crude oil transportation ...

Total Estimates From New Mexico Floods May Take Weeks

It could be a while before the exact amount of damage from recent heavy rain and flooding in New Mexico will be known, officials said. ...

Capital Insurance Group to Offer Premium Credits for Apartment Buildings, Condos

Capital Insurance Group (CIG), a regional property and casualty insurer serving the Western U.S., has released three new 2 percent total ...

EQECAT: Colorado Floods $2B in Economic Losses and Climbing

The floods in Colorado caused an estimated $2 billion in economic losses, according to a report from catastrophe modeling firm EQECAT. The ...
International

Typhoon Usagi Weakens before Hitting China Coast: AIR Worldwide

According to catastrophe modeling firm AIR Worldwide, Severe Typhoon Usagi, the 19th named storm to form in the Northwest Pacific this ...

EU and Singapore Finalize Details of Far-Reaching Trade Deal

The European Union and Singapore have finalized the details of one of the world's most comprehensive free trade agreements, a pact the EU ...

Video FeatureANV's CEO Matt Fairfield Tells What it's Like to Run a Global Insurer

R. Matthew "Matt" Fairfield, the Founder and CEO of ANV, is the epitome of a global insurance executive. He lives in Spain, runs a company ...

Swiss Re Estimates $240 Million in Claims from German July Hail Storms

Swiss Re said it estimates industry wide insured losses from the hail storms in northern and Southern Germany in July will be between $2.0 ...

Cooper Gay and Swett & Crawford Acquires Lloyd's Broker NMB

Cooper Gay Swett & Crawford (CGSC) has announced the acquisition of independent Lloyd's insurance and reinsurance brokerage group Newman ...

Join the Insurance Journal Network

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Insurance Journal TV

Video thumbnail

Swiss Re's Chief Economist Sees GDP Growth

Swiss Re's chief economist Kurt Karl sees some light at the end of the tunnel for the world's...
Video thumbnail

California Assemblyman Mixes Insurance and Politics

Assemblyman Ken Cooley, D-Rancho Cordova, started his insurance career in the 1970s working on...

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

Selling Non-Standard P&C Book of Business & Agency Texas
Posted: Fri Sep 20 -- The key to maximizing the outcome is to seek a team of skilled advisors, prepare for the sale, discretely market the agency to the most... AgencyBrokerage
Need W/C Market - (Ca.) Med. Marijuana Dispensary w/lapse
Posted: Fri Sep 20 -- Hello, we've been looking around for a Workers Comp. market for about a week with no luck and hoping someone here has an idea. It's a... PaulN
Niche Market
Posted: Thu Sep 19 -- Gas stations are not big revenue generators on one station. But, each one you write is a referral to get you into the next one, and a lot of... e-bit
Advice needed from seasoned producers
Posted: Thu Sep 19 -- If you go with a smaller local agency that is experienced in the type of accounts you want to write you'll be much better off. You'll get a... e-bit
Certificates of Insurance ???
Posted: Thu Sep 19 -- A certificate of insurance means nothing except what is read into it. Always attach the supporting endorsements as they show the exact cover... e-bit
California Work Comp Class Code detail
Posted: Thu Sep 19 -- From one of the carriers: 9008: Janitorial Services - By Contractors 9009: Building Operation - Commercial Properties - All Other... wariline
Parachute Rigger Insurance
Posted: Wed Sep 18 -- These class should be no problem as long as the insured is also warehousing fireworks and asbestos. yoyowordup
Will Insurance Co pay existing claim after cancelling?
Posted: Wed Sep 18 -- I don't usually make the effort to pile on, but in this case I just can't resist. So, Itchibahn, for the past decade, you've presumably... d's insurance store
Markets for HOA's
Posted: Wed Sep 18 -- I haven't seen CIG through any wholesalers. We have a direct appointment. We place our condo buildings with... ABMCalifornia

Reader Comments

Ex-Republican Crist Expected to Run For Governor in Florida as Democrat
Posted: Tue Sep 17 -- Charlie is a man of principle. He was a Republican. Then an independent's independent, then an independent who would caucus with the... Hillsborough Agent
Vermont Court to Reconsider Case of Borrowed Keys in Fatal Car Crash
Posted: Mon Sep 16 -- I hope I read it correctly- the deceased man is the barred driver who had no permission? At least he didn't take anyone else with him. insurance mom
Travelers Launching Low Cost, Segmented Product in New Personal Auto Strategy
Posted: Mon Sep 23 -- Isn't it amazing that they managed to cough up $1.2 Billion to buy the Canadian company after they laid off the employees? They treat their... Agent
Start-Up Health Insurance Co-Ops Vow to Compete with Commercial Insurers
Posted: Tue Sep 17 -- Captain Planet said- "Yes, you are right, Sgt. Major." Captain, I am right but your analysis of the US economic problems is wrong. While I... Sargeant Major
Hacker Group in China Linked to Cyberattacks Against U.S. Firms: Symantec
Posted: Wed Sep 18 -- That's what American companies get when they outsource the manufacturing and customer support of their products overseas. It's almost like... Baxtor

Current Issue

September 23, 2013
Current Issue
Surplus Lines: State of the Market / NAPSLO Issue; Lloyd's Syndicate Spotlight; Quarterly Employee Benefits Brokerage Report; Bonus: The Florida Issue (Special Supplement)

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