Daily Headlines: Wednesday, August 7, 2013

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August 7, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Doctors' Fear of Lawsuits Trumps State Malpractice Tort Reforms Medicare patients receive more diagnostic tests and emergency department referrals when treated by physicians who worry more about ... Politics Driving Obamacare Premium Debate With the Oct. 1 date for enrollment in the health insurance exchanges being created by Obamacare less than two months away, a war of ... Concerns Over Cyber Security Risks Outweigh Traditional Risks for Large Firms: Study Cyber security risks have become more worrisome to large organizations than traditional natural catastrophe risks, according to a new study ... Ebix Says Money Laundering Allegations Are False Ebix Inc. said allegations that it was involved in money laundering were false, after its shares tumbled on a Bloomberg report that federal ... Insurance Tech Firm Ebix Reportedly Under U.S. Review for Possible Money Laundering Federal investigators are reviewing Ebix Inc.'s cross-border financial transactions to see whether the Atlanta-based software company ... 60% of Direct Buyers Eventually Return to Independent Agents: Study Most customers who are lured away from independent agents by direct insurers promising lower prices will ultimately return to an ... Markets-in-Motion: How the Industry is Approaching Reputational Risk As technology has grown and changed, so have customers' expectations of their insurance programs. When insurers hear from customers that... Four Distribution Steps For Successful Global Growth Growth opportunities for insurers in developed markets are running out of runway and require increased efforts. Even... More National News East Washington Nationals Sue Crime Insurer Over Player's Lie About Age Major League Baseball's Washington Nationals sued an insurance company for $1 million for declining to provide crime insurance coverage for ... New York City Prep School Sues AIG Insurers Over Denial of Abuse Coverage New York City prep school Horace Mann sued units of American International Group Inc. saying they refused to defend and indemnify the ... Ex-Construction Firm Worker Admits Role in N.J. Insurance Fraud A Florida man who worked for a now-defunct southern New Jersey construction company has admitted his role in a scheme in which he purposely ... Boston Insurance Brokerage Appoints VP of Workers Compensation Boston Insurance Brokerage Inc. appointed Keith Driscoll as vice president of workers compensation. In his new role, he will further ... More East News Midwest Hub International in Chicago Passes from One Owner to Another Ownership of the insurance broker Hub International is being passed from one private equity firm to another. Funds advised by Hellman & ... Indiana's Brotherhood Mutual Insurance Promotes Book, Thomas Fort Wayne, Ind.-based Brotherhood Mutual Insurance Co. has promoted Dan Book to the position of vice president - sales and Mitzi Thomas to ... Judge: Fraud Convict's Wife Can't Get Policy Money The wife of a man convicted of bilking millions of dollars out of people in North Dakota, South Dakota, Minnesota and elsewhere in an ... More Midwest News Southeast Florida Sen. Fasano, Veteran on Insurance Legislation, Leaving for Tax Job Florida Gov. Rick Scott is appointing maverick legislator Mike Fasano to the position of Pasco County tax collector. The governor's office ... S.C. Researchers Unveil New Hurricane Model; Program to Offer Landfall Probability As hurricane season approaches its peak, researchers at South Carolina's Coastal Carolina University unveiled a new hurricane model program ... Miss. Kicks Off New Fire Safety Program, Distributes Free Smoke Alarms Mississippi's insurance commissioner and fire marshal Mike Chaney kicked off a new statewide fire safety program called "Operation: SAM ... Georgia Commissioner Offers Advice in Wake of Recent Flash Flooding With confirmed flash flooding in northern Georgia from torrential rain, Insurance Commissioner Ralph Hudgens is reminding homeowners that ... Swett & Crawford Appoints Sales Leader for Atlanta Branch Wholesale insurance broker Swett & Crawford promoted Matt Brott to sales leader for the Atlanta branch. In addition to his new sales ... Kentucky's Harbor Insurance Joins Keystone Insurers Group Harbor Insurance Agency has become Keystone Insurers Group's newest franchise partner in Kentucky. The announcement was made jointly by ... More Southeast News South Central Texas-Based LevelFirst Adds Biskup as Senior VP LevelFirst, a wholesale broker and managing general agency based in Dallas, Texas, announced that Brett Biskup has joined the firm as ... MedMal Direct Expands into Texas Jacksonville-based MedMal Direct Insurance Company (MedMal Direct), now in its fourth year of business, has received its certificate of ... Oklahoma Officials Place May 20 Tornado Toll at 25 The Oklahoma Medical Examiner has increased the toll from the May 20 tornado at Moore after the death of a 90-year-old woman critically ... DA: No Evidence Linking Ex-Paramedic to Texas Fertilizer Plant Blast The Texas Rangers have turned up no evidence linking a former paramedic from a small Central Texas town to a fire and explosion at a ... Fire District Work Pays Off for Louisiana Town Chackbay, La., homeowners won't see their property insurance costs increase since the community's volunteer fire department has made ... More South Central News West Oregon Workers' Comp Group Avoids Decertification Oregon insurance regulators say they've stopped moving to decertify a workers' compensation self-insurance trust after the group increased ... Man Fights To Take License Test In Hawaiian A Hawaii man has waged a court battle centered on his right to speak Hawaiian, saying his inability to take a driver's license exam in the ... MAPFRE Insurance Expands DriveAdvisor Telematics Program to Oregon MAPFRE Insurance has expanded its DriveAdvisor Program to the state of Oregon. DriveAdvisor is a voluntary program that provides an auto ... Boring Named Managing Director for Wells Fargo in Southern California Wells Fargo Insurance named  Alan Boring senior vice president and managing director for its Sherman Oaks, Calif. office. Boring will lead ... IMA Taps Martinez as Human Resources Manager in Colorado The IMA Financial Group Inc. named Stacie Martinez its human resources manager. Martinez will be a part of the IMA Financial Group human ... More West News International MMA Railway to Stop Transporting Oil after Quebec Crash The Montreal, Maine and Atlantic (MMA) railway company will stop transporting oil after a runaway oil tanker train derailed and exploded in ... Greenberg's C.V. Starr in Group Buying Tokyo Building for $1B A group including former U.S. insurance magnate Maurice "Hank" Greenberg and an Abu Dhabi sovereign fund have agreed to buy a prominent ... Hannover Re Q2 Net Rises 29% on Investment Income Hannover Re, the world's fourth biggest reinsurer, said second-quarter profit rose 29 percent, beating analysts' estimates, helped by ... Argo Group Reports $31.7 Million Q2 Net Income; $64.4 Million 6 Months The Bermuda-based Argo Group International Holdings, Ltd. announced financial results for the three and six months ended June 30, 2013. The ... Mitsui Sumitomo at Lloyd's Hires 2 Professional Indemnity, D&O Specialists UK non-life insurer Mitsui Sumitomo at Lloyd's has hired two experienced underwriters as its Syndicate 3210 seeks to diversify its products ... More International News Insurance Journal Blogs The Key(words) to Unlock Your Broken Heart Howdy ya'll! Now, I don't want to sound like a broken record when I remind you of how important Search Engine Optimization is or about the ... More Blogs Join the Insurance Journal Network Insurance Journal TV Opportunity in ACA Reprieve Shawn P. Pynes, a principal with Barney & Barney LLC in San Diego, sees the temporary reprieve... Watch Now From 3D Printing to Driverless Cars: Emerging Risks on the Horizon New technology is happening all the time, and with that comes new risks, says Graeme Newman,... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Canadian Auto ID Cards Posted: Wed Aug 7 -- I know there is a lot of debate as to whether or not you need to a Canadian Auto ID card when visiting Canada. That's not the question here.... KDF Insurance agencies for sale ? Posted: Wed Aug 7 -- Still Looking.. if anyone has anything...Thanks CoJones comp in ca for unarmed security firm Posted: Tue Aug 6 -- I can't speak for CA but I have written alot of this business. Allrisks has a program through Everest and they have written startups for me.... Halpert Student Habitional Indiana Markets needed Posted: Thu Aug 1 -- I have an admitted market that will write them up to $30 mil per location and package it with the GL. Give me a call to discuss. Aaron R.... aasquith Which form to write D&O coverage on- opinion needed Posted: Thu Aug 1 -- Thank you Bill. Good advice. ALS Construction - Worldwide Posted: Thu Aug 1 -- Rui, I have a few other players who can offer terms on this type of risk... INTLXS Hotels in Ca Posted: Tue Jul 30 -- CIG californiadude Need comp in ca code 5474 painting Posted: Tue Jul 30 -- Have you tried Arrowhead General? californiadude Go to Forums Reader Comments Obamacare Bets on Election-Like Data Wizardry, Young Adults to Beat Partisan Opposition Posted: Tue Aug 6 -- Since PRIVATE carriers are insuring these people, I am sure they will follow risk management, statistical analyses on cost drivers, and... Libby U.S. Court Rejects Firm's Challenge to Obamacare Contraception Mandate Posted: Wed Jul 31 -- Oh. My. God. Are you SERIOUSLY saying that MEN have had it worse over the years, than women? And that it's WOMEN'S FAULT??? And you're... BS Ralph Nader Planning Tort Law Museum Posted: Thu Aug 1 -- Speaking of gas cans, here's a great real claim. Daddy is out mowing the lawn one day. Four year old junior sees him. Daddy runs out of gas... Dave North Dakota Man Suing Insurance Company Over Potato Case Posted: Mon Aug 5 -- You say "po-tay-to" and I say "po-tah-to" I say "I'll sue you" and you say "I'll see you" "po-tay-to". "po-tah-to". "I'll sue you". "I'll... reality bites Farmers Launches New Corporate Logo Posted: Wed Jul 31 -- I can't wait to put that logo on my 1990 Toyota Corolla's bumper. It'll give my car that "evolutionary" look. 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