Daily Headlines: Wednesday, February 13, 2013

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February 13, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Judge Denies Wells Fargo Attempt to Block Financial Crisis Suit A federal judge on Tuesday denied Wells Fargo's attempt to beat back a financial-crisis lawsuit by arguing it conflicted with an earlier ... Main Street America Reports 2012 Results The Main Street America Group announced today its 2012 financial results included an 11.9 percent return on equity, $978 million net ... Starr Indemnity Approved to Participate in Federal Crop Insurance Program Starr Indemnity & Liability Co. has received approval from the Risk Management Agency of the United States Department of Agriculture to ... Hiscox Enhances Professional Liability Product Portfolio Hiscox has launched Hiscox Professional Liability Portfolio - a new product that offers 'tailor made' policy forms for certain client ... Rules for Dodd-Frank Top Republican House Agenda Republicans in the U.S. House of Representatives are gearing up to overhaul the housing finance system this year and will soon map out ways ... AIG Survey Shows Top Executives' Concerns with Cyber Risk A survey of perceptions about cyber risk sponsored by the American International Group Inc. (AIG) found that among corporate executives,... More National News Happy Valentines Day! Roses are red. Violets are blue. Wells Media Group employees from around the world made a video just for you. Click here to watch the video! East Banks Sitting on $208M in Insurance Checks for N.Y. Sandy Victims Nearly $208 million in insurance payments in 6,600 checks haven't been released from banks to victims of Superstorm Sandy, according to New ... Insurers Not Seeing Large Number of Claims From Snowstorm So Far A fierce winter storm brought deep snow and high gusting winds to the Northeast last weekend, but a number of insurers are saying that so ... Massachusetts Physicians Group Offers Update on Medical Liability Reform A Massachusetts physicians and hospitals association this week provided an update on the state's implementation of the Communication, ... Employees of Defunct Dewey & LeBoeuf to Get Day in Court Approximately 450 former employees and lawyers of Dewey & LeBoeuf can present their case for a class action against the defunct New York ... U.S. Chief Claims Officer Named for Navigators Management Co. in N.Y. The Navigators Group Inc. recently appointed Christopher Finneran as U.S. chief claims officer of Navigators Management Company Inc., the ... More East News Midwest Grants Will Pay for Thousands of Smoke Alarms in Iowa The state fire marshal plans to join with firefighters from around Iowa to announce two grants totaling nearly $300,000 that will fund the ... Michigan Mixed Martial Arts Bill Includes Insurance Requirement A Michigan House committee plans to debate a bill that would place state regulations on amateur mixed martial arts events. The Regulatory ... Missouri House Panel Mulls Bill on Work Discrimination Lawsuits Republicans are hoping the third time is a charm for a measure a Missouri House committee considered that would make it harder for ... Farm Values Soar in North Dakota in 2012 Farmland values in North Dakota in 2012 jumped 46 percent on average over the year, with demand from both farmers and investors, a new ... Court Grants Indiana Employer Relief from Contraceptive Coverage Mandate An Indiana company has won temporary court relief from having to provide its employees with coverage for contraceptives and other ... Maloney Joins Encompass Insurance as Sales VP Daniel (Dan) Maloney has joined Northbrook, Ill.-based Encompass Insurance as vice president of sales. He reports to the company's ... More Midwest News Southeast North Carolina Gov. McCrory Opposes State Run Health Exchange North Carolina Gov. Pat McCrory said he does not think the state is ready to run health exchanges called for in the federal Affordable Care ... West Virginia Still Weighing Health Exchange, Medicaid Options West Virginia Gov. Earl Ray Tomblin has yet to decide whether to open the Medicaid program to more lower-income residents, or how ... More Southeast News South Central Wilson to Advise Lockton Clients on Property Claims Lockton Companies has named Sheri Wilson as national property claim director to advise Lockton clients on complex property insurance ... Insurance Council of Texas Seeks Nominations for Group's Highest Honor The Insurance Council of Texas (ICT) announced it is seeking nominations for the Raymond Mauk Leadership Award, the Council's highest ... Houston Officer: Texting Drivers Are Blind Drivers Houston Police Officer Paul Lassalle said it used to be easy spotting drunk drivers. "Prior to the use of cell phones, they were the ones ... Oklahoma Bill Would Regulate Pharmacy Benefit Managers A bill introduced in the Oklahoma Legislature seeks to regulate pharmacy benefit managers State Rep. David Derby (R-Owasso) and state Sen. ... More South Central News West Courts Upholds $28 Million Award in Grand Canyon Skywalk Case A federal court dealt a blow to the business arm of a northern Arizona tribe that owns the Grand Canyon Skywalk by upholding a $28.5 ... Apple CEO Cook Calls Lawsuit 'Silly Sideshow' Apple CEO Tim Cook calls a shareholder lawsuit against the company a "silly sideshow" but says he is open to looking at the shareholder's ... CHP Posts Rules for Motorcycle Lane-Splitting The California Highway Patrol and other statewide traffic safety groups have created a set of written guidelines on motorcycle ... NAS Expands Underwriting Management Team in California Encino, Calif.-based NAS Insurance Services has added two senior executives to its team of underwriters. Chris Reese joins as vice ... More West News International Goals of the US-EU Free Trade Agreement; Re/Insurance Regs Considered Negotiations for a free-trade agreement between the United States and the European Union are set to begin within months, almost two decades ... International Chamber of Commerce Survey Finds Improved Economic Climate The Paris-based International Chamber of Commerce (ICC) and the Munich-based Ifo institute for economic research have released findings, ... Willis Reports $804 Million Q4 Operational Loss from Financial Charges Willis Group Holdings has reported its results for the fourth quarter of 2012 and the twelve months ended December 31, 2012. The bulletin ... Xchanging Launches 'X-presso' - Mobile App for Claims Files London-based Xchanging, the business process, procurement and technology services provider and integrator, announced the launch of its ... India to Ensure Refiners Running Iran Crude Oil Get Insurance: Source India will ensure its refiners have insurance for plants that run crude from Iran, a government source said on Wednesday, allaying fears ... Aspen Posts $2 Mn Q4 Net Income; FY $280.4 Mn; No Plans to Exit U.S. Property Bermuda-based Aspen Insurance Holdings Limited reported net income after tax of $2.0 million for the fourth quarter of 2012, compared to ... More International News Sponsored Content Everest National Insurance Company Awards American Claims Management with Personal Auto Program San Diego, CA, 02/13/13 - American Claims Management, Inc. (ACM), a national third party administrator, has been awarded the claims ... More Sponsored Content Join the Insurance Journal Network Insurance Journal TV Markel Specialist Talks Nonprofits Nonprofits were hit hard by the economy, and now face ongoing public perception issues thanks... Watch Now Effects of Worldwide Economic Instability on American Companies Despite a slightly improved economy here in the U.S., the global economy is not out of the... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums S. California CSR openings Posted: Wed Feb 13 -- There's this site called Monster.com - ya might want to check it out. You also might want to check with the CA DOI on licensing requirements... Big Dog Internet Cafe Posted: Tue Feb 12 -- Lately I've been receiving quote requests for internet cafes. What companies will write this risk? Autumnle465 Carrier technology Posted: Tue Feb 12 -- In your opinion, which carriers offer the best POS / web portals for agents? which are the ones that offer the worst tools? daniman Farmers vs. Independent Posted: Tue Feb 12 -- hm, I would second also what sacman says. 100% truth. In addition, the loan which can be forgiven if you meet your quotas, you will still... chromedome Could the insurance industry do more to Century? Posted: Mon Feb 11 -- I find this industry pretty frustrating at times. It's sad if all a player can do to stand out from the rest is use a stuffed animal or... PaulBrindley 1st Year as a Producer Stories Posted: Thu Feb 7 -- Right on Sac thank you. The "Trusted Advisor" is what I am seeking to be. californiadude Credit Card Processing Posted: Wed Feb 6 -- You may want to look at SQUARE ... beyert1 Go to Forums Reader Comments Family Sues Company Over Minnesota Office Attack Posted: Wed Feb 6 -- You know, all you people who say "guns don't kill people, people kill people" --- would this man have been able to kill 6 people in that... DS Government's Case Against S&P: Ratings Stopped Making Sense Posted: Wed Feb 6 -- Hey, S&P? Remember that report you wrote slamming actuaries in 2003 called "Insurance Actuaries-A Crisis of Credibility"? Huh? Remember... An Actuary N.J. Gov. Christie Says Fed Flood Insurance Program Is a 'Disgrace' Posted: Wed Feb 6 -- What you did hear from the Northeast as a "Yes" when asked if federal aid should be sent to Florida, Georgia, Alabama, Mississippi,... Center Point North Carolina Man Jailed After 9th DWI Charge Posted: Thu Feb 7 -- You know what else would work in this guy's favor? JAIL TIME! Keith D South Dakota House Passes Bill on Arming Teachers Posted: Wed Feb 6 -- Let's arm the popcorn vendor, the pimply-faced kid with too many piercings at Hot Topic, and, well, ...I work in an office. insurance is fun! 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