Daily Headlines: Friday, January 6, 2012

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January 6, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Report: Liberty Mutual Failed in Bid to Buy Harleysville It turns out there was another player in last year's merger deal between Nationwide Mutual Insurance Co. and Harleysville Mutual Insurance ... Insurance Buyers’ Choice: Bigger Premium or Bigger Risk Property/casualty insurers may be poised to raise their prices but buyers may not be in a position to pay more, advises a veteran of ... As Consumer Power Goes Viral, Risk of Reputational Damage Grows Corporate America's worst nightmare lives in a tiny one-bedroom apartment, loves browsing in flea markets and has a lop-eared brown and ... Momentous Insurance Brokerage Launches Equine Specialty Practice Momentous Insurance Brokerage has formed an equine specialty practice to provide insurance coverage for horse-related businesses and ... Private Insurers Can Complement National Flood Insurance There is a new study out that examines the U.S. flood insurance program. And it says that according to its calculations, there are some... More National News East N.J.-based Bollinger Acquires Argent Professional Insurance Agency Short Hills, N.J.-based insurance broker Bollinger acquired Argent Professional Insurance Agency in Warren, N.J. Bollinger said the ... R.I.-Based FM Global Appoints Senior Vice President Business property insurer FM Global appointed Rod Fisher as senior vice president of underwriting and reinsurance. In his new role, based ... Heffernan Hires McMurray as Account Executive in New York Office Heffernan Insurance Brokers, an independent insurance brokerage headquartered in Walnut Creek, Calif., has hired Elizabeth McMurray to join ... More East News Midwest Ohio’s Consolidated Insurance Now Brower Insurance Agency Finalizing its merger three years ago with the Brower Insurance Agency LLC, Consolidated Insurance of Springfield, Ohio, now operates under ... Rockhill Insurance Group Hires Doyle as Programs Director The Rockhill Insurance Group, based in Kansas City, Mo., has added Gregory T. Doyle as a senior vice president - director of programs. ... North Dakota Insurance Agent Sent to Jail A Grand Forks, N.D., insurance agent who stole thousands of dollars from clients and forged checks in her fiance's name has been ordered to ... More Midwest News Southeast West Virginia to Study Ways to Reduce $50M in Deer Collisions Every year in West Virginia, motorists and insurance companies pay more than $50 million to fix damage caused when vehicles collide with ... Florida Workers’ Compensation Market Remains Healthy: State Report The state's annual report on workers' compensation insurance says Florida's market is "competitive," and availability of coverage is not a ... Chaney Sworn-In for Second Term as Mississippi Insurance Commissioner Mississippi inaugurated seven of its eight statewide elected officials on Thursday - everyone except the new governor. The swearing-in ... Florida Citrus Growers Batlling Sub-Freezing Temperatures Florida citrus growers reported damage to some orange groves for the second consecutive day on Thursday, after overnight temperatures ... Insurer Sues Google in Alabama Over Unflattering Search Results An insurer is hoping to use an Alabama state law governing deceptive trade practices to stop Google from prominently displaying negative ... More Southeast News South Central TDECU Insurance Agency Acquires Associated Insurance Advisors TDECU Insurance Agency LLC announced the acquisition of Associated Insurance Agency Inc. (AIA) based in Houston, Texas. The purchase was ... Johns to Retire as President of Southwestern Insurance Information Service Jerry Johns, president of Southwestern Insurance Information Service, announced his intention to retire March 1, 2012, after 37 years with ... Louisiana State Police Continuing Left-Lane Enforcement Efforts Louisiana State Police troopers are continuing a crackdown on drivers on the state highways who refuse to move from the left lane and allow ... More South Central News West Family Agrees to $350M Settlement in Las Vegas Missing Organs Claim he family of a British commodities trader who died while partying in Las Vegas will accept $350,000 to end a federal lawsuit stemming from ... California Arson Suspect Also Faces German Fire Probe The man who allegedly ignited more than 50 fires that terrorized Los Angeles last week is also under investigation in Germany for a house ... Finston Named California Deputy Insurance Commissioner John F. Finston has accepted an appointment to be Deputy Commissioner for Corporate & Regulatory Affairs at the California Department ... Opponents of Arizona Law Seek Class-Action Status A judge set an April 9 hearing for considering a request by opponents of Arizona's 2010 immigration enforcement law to grant class-action ... Family Taking $350K in Vegas Missing Organs Claim The family of a British commodities trader who died while partying in Las Vegas will accept $350,000 to end a federal lawsuit stemming from ... Crews Gaining Ground on Blackfeet Reservation Wildfires in Montana A pair of wildfires fueled by strong wind gusts that burned buildings and forced the evacuation of hundreds on Montana's Blackfeet Indian ... Abram Interstate Adds a Market for Hard-to-Place Risks Abram Interstate Insurance Services has added a new carrier that will provide competitive pricing and flexibility for hard-to-place ... Wyoming Governor Backs Workplace Safety Recommendations The state's occupational epidemiologist who spent a year studying the high rate of workplace deaths in Wyoming said his research points to ... More West News International Global Economy Could Endure Disaster – for ‘Only a Week’ The global economy could withstand widespread disruption from a natural disaster or attack by militants for only a week, as governments and ... Australia’s Suncorp Updates Melbourne Storm, NZ Quake Loss Estimates Australia's Suncorp Group Limited's preliminary estimates of the financial impacts of the recent Melbourne hailstorm and Christchurch ... XL Gets Brazil Go-Ahead for New Insurer The XL Group plc and its subsidiaries announced that the Group has received final approval from the Brazilian insurance and reinsurance ... AXIS Appoints Smith CEO, Country Manager of Australian Operations Bermuda-based AXIS Capital Holdings Limited announced that it has appointed David Smith as CEO and Country Manager of Australian ... More International News Join the Insurance Journal Network Insurance Journal TV Swiss Re Chief Economist Analyzes Current Market Conditions Swiss Re's chief economist Kurt Karl discusses the challenges the insurance industry faces,... Watch Now Interesting Times in Medical Liability The medical liability market continues to perform well even as the nation struggles to... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Do you purchase Damage Waiver when renting a car? Posted: Fri Jan 6 -- BKCPU, you make a valid point. Different states have different policy forms, and not all states have the same tort / laws on the books(at... lonestar Contingent Commissions question Posted: Thu Jan 5 -- Recently I read an article on Contingent Commissions in a national publication. It stated something similar to this: 'Knowing that best... darnovak Acord Forms: Difference between 90 and 290 Posted: Thu Jan 5 -- Hi - Here's a link to an article from the ACORD website that explains the reasons for stand-alone and sectional ACORD forms and the... MarkACORD Looking for stats on claims Posted: Thu Jan 5 -- Hi all, and Happy New Year! Hope it's off to a great start for everyone. I am developing a class for agents to help them learn more about... Advisor The transition from underwriter to producer... Posted: Wed Jan 4 -- Understanding insurance is not the hardest part of being a new producer. Writing new accounts is. Many older producers sit on large books... marty202 My CPCU journey - almost finished..... Posted: Wed Jan 4 -- Thank you for sharing your CPCU journey. I work for The Institutes and look forward to meeting you at the 2012 CPCU conferment in DC! Each... KD_Institutes LBPS, Seterus, QBE, IBM-LBPS Posted: Tue Jan 3 -- Good morning and Happy New Year. Thanks for the reply and input. We have several run ins with them daily due to the amount of Homeowner... CIScommercial CertsNow 24/7 or CSR24 Posted: Mon Jan 2 -- I have used CSR24 for two years and I could never leave. I have several large trucking accounts and condo association managers that love it.... volstrike3 Adding Addtional Insureds Posted: Thu Dec 29 -- Listen to the advice given below. NEVER request a change to a policy without specific instructions from the policyholder... Temblor Go to Forums Reader Comments Lawsuits Filed in Las Vegas Over Buttocks Surgery Death Posted: Thu Jan 5 -- Hmmmm...you make an appt for a surgery and go into a tile store back room? What right-minded person wouldn't turn around and walk right back... Ins Guy Settlement Reached in Elly Mae Clampett Barbie Doll Suit Posted: Fri Dec 30 -- CBS and Mattel may own the rights to the character, but they don't own the rights to Douglas' appearance. Stupid laywers... Jon President Obama Signs Pipeline Safety, Airport Security Bills Posted: Thu Jan 5 -- Where do you get your information that he is prepared to greenlight Keystone? All he agreed to do is make a decision within 60 days. It is... The Other Point of View Jay-Z Sued by Workers Compensation Board of New York Posted: Fri Dec 30 -- I got 99 problems, but a lapse ain't one. Hit me! 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