Thursday, May 31, 2012

This Exercise Can Cause a 7-Fold Surge of Heart Problems

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This Exercise Can Cause a 7-Fold Surge of Heart Problems This Exercise Can Cause a 7-Fold Surge of Heart Problems
Hopefully you're not addicted to this exercise, because it can do more harm than good. A significant 12% of those doing this type had heart scarring and elevated enzymes. Perhaps it's time to change what you've been doing...

How to Get Back On The Exercise Track
If you've fallen out of the exercise habit, don't despair - here are some helpful hints to get yourself back in the saddle again and quickly recover your previous level of fitness... and then surpass it.
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Vitamin D Spray A Radically Different Way to Get the Health-Building Benefits of Vitamin D Quickly and Easily*
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Eye Support Losing Your Eyesight is Terrible -- Here's What I Recommend for Vision Support...*
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The Living Matrix Why Energy Fields, Quantum Physics, and Consciousness May Be Your Tool for Optimal Health
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Daily Headlines: Thursday, May 31, 2012

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Insurance Journal Daily Headlines
May 31, 2012
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Flood Insurance Program Extended Until July 30

As expected, the U.S. House of Representatives agreed with a Senate a measure extending the federal flood insurance program for 60 days ...

Bill Would Bar Insurance for Clawbacks

Executives at financial firms would no longer be able to buy insurance to protect themselves against compensation clawbacks or civil ...

Wells Fargo Looking to Buy Insurance Brokers: CEO

Wells Fargo & Co., which has been renewing its appetite for acquisitions lately, is interested in buying insurance sales businesses, ...

Small Firms’ Health Insurance Tax Break Disappoints

It seemed like a good idea at the time. But a health insurance tax credit for small businesses, part of President Barack Obama's health ...

House Expected to Agree to Senate’s 60-Day Extension of Flood Program Tonight

The House of Representatives is expected to go along with a 60-day reauthorization of the federal flood insurance program already approved ...

Consultant Burand Launches Agency E&O Blog on InsuranceJournal.com

Insurance agency consultant Chris Burand is launching a new blog on insurance agency errors and omissions (E&O) issues on ...

From MyNewMarkets.com 11 States Adopt Plan to Distribute Surplus Lines Premium Taxes

States participating in the Non-admitted Insurance Multi-state Agreement, or NIMA, have adopted a premium allocation method for distributing...

From IJAcademy.com Building Codes BAD for Your Insured

Few commercial structures fully meet the applicable jurisdictional building codes and regulations to which they are subject. Federal, state, and local building codes ...
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East

NYC Publishes New Edition of ‘Ready New York’ Hurricane Guide

New York City's Office of Emergency Management has published a new edition of its hurricane guide.Titled "Ready New York: Hurricanes and ...

Delaware Weighs Mortgage Assistance Plans for Struggling Homeowners

Members of Delaware legislature's budget committee are wrestling with competing proposals from the governor and attorney general on how to ...

FM Global Names 3 Senior Vice Presidents in Rhode Island

Johnston, R.I.-headquartered FM Global, one of the world's largest business property insurers, announced a number of changes to its ...

Google Names Former MMC Exec Wittman as CFO of Motorola Mobility Unit

Internet search giant Google has named Vanessa Wittman as the new chief financial officer of its newly acquired Motorola Mobility Holdings ...

N.Y.-Based PIA Management Services Hires Government Affairs Counsel

PIA Management Services Inc. in Glenmont, N.Y., hired Bradford Lachut as government affairs counsel for its government and industry affairs ...

Orchid Launches Personal Lines Program with Icat

Orchid Underwriters Agency, Inc. in Vero Beach, Fla. has been granted exclusive access to a new residential underwriting program ...
Midwest

Judge Reduces Prison Sentence of Chicago Insurance Mogul

A federal judge has spared a former Chicago executive the necessity of serving the final few months of his prison sentence for stealing ...

Michigan Upper Peninsula Wildfire Destroys 115 Structures

State officials say 115 structures, including homes and a motel, have been destroyed by a wildfire in the Upper Peninsula. The Michigan ...

Missouri County Passes Copper Theft Ordinance

A new law in St. Louis County, Mo., addresses the frequent theft of copper, catalytic converters and air conditioner parts. The St. Louis ...

Fireman's Fund Appoints Shanks as Underwriting Executive in Chicago

Fireman's Fund Insurance Co. has appointed Eric Shanks to the position of senior vice president, personal insurance underwriting ...
Southeast

West Virginia Gears Up for Auto Insurance Verification Program

The West Virginia Department of Motor Vehicles is taking steps to educate motorists about electronic verification of insurance coverage. ...

Appeals Court Upholds Mississippi Fraud Verdict Against Asbestos Lawyers

A federal appeals court panel has upheld a $420,000 verdict against two Mississippi lawyers accused by a railroad company of committing ...

Kentucky Coal Mines in Arrears on Safety Fines: Report

A published report says Kentucky coal operators owe more in delinquent fines to federal authorities for mine safety violations than any ...

Neace Lukens Acquires South Carolina Broker

Louisville, Kentucky-based Neace Lukens is continuing its expansion by acquiring the independent risk management and insurance broker, ...

State Auto Consolidates RED, Rockhill in North Carolina

The specialty division of the State Auto Insurance Group is consolidating its Risk Evaluation and Design (RED) subsidiary and its Rockhill ...
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South Central

Ratings of Louisiana-based Amerisafe Inc. and Subsidiaries Affirmed

A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of "a" of property/casualty ...

Southport Lane to Acquire Dallas National Insurance Co.

Southport Lane, a New York-based private equity firm, through its subsidiary Lonestar Holdco LLC, will acquire Dallas National Insurance ...

Officials: Louisiana Pump Station Work Will Help Protect From Floods

Lafourche Parish, La., officials say the repair of two pumping stations in the Raceland area will help protect against flooding. The parish ...

Arkansas Teacher Sues District Over Anger Management Course

A debate and forensics teacher at Fayetteville High School in Fayetteville, Ark., has filed a lawsuit against the district, claiming his ...
West

New Earthquake Faults Uncovered West Of Lake Tahoe

Scientists studying earthquake faults in the mountains west of Lake Tahoe say new, high-resolution imaging technology has helped uncover ...

Bill Addressing Spinal Surgery Devices Passes California Senate

A bill aimed at ending double payments for spinal surgery devices passed state Senate resoundingly on Wednesday and is now on its way to ...

Savage Named Oregon Insurance Commissioner

Lou Savage, Oregon's interim insurance commissioner for the past seven months, has been appointed to the position, replacing Teresa ...

Jones Approves New Pure Premium Rates

Insurance Commissioner Dave Jones on Tuesday issued a decision on the Workers' Compensation Insurance Rating Bureau's July 1 pure ...
Sponsored by: CIWA. Summer Forum and Annual Meeting. June 14-15 - Monterey Plaza Hotel and Spa. Click here for more information.
International

Top Trade Credit Insurer Pulls Cover for Exports to Greece

The world's biggest trade credit insurer, Euler Hermes, has suspended cover for exporters shipping to Greece because of the mounting risk ...

Prudential Buying U.S. Life Insurance Business from Swiss Re

Britain's No.1 insurer Prudential Plc on Thursday said it will buy life insurer SRLC America Holding Corp. from Swiss Re AG for 398 million ...

Sun Life Forms Venture with PVI to Sell in Vietnam

Sun Life Financial Inc. said Thursday it would form a joint venture with Vietnam's PVI Holdings that will allow Sun Life to sell insurance ...

Aon’s Anning Joins TigerRisk's London Office

Reinsurance broker  TigerRisk Partners reported that Nick Anning will join the firm as a director in its London office. In his new ...
Sponsored Content

Investigation Solutions & American Claims Management Continue Crusade Against Insurance Fraud

San Diego, CA, 5/31/12 - Investigation Solutions, Inc., the special investigations subsidiary of American Claims Management, Inc., recently ...

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Pat Andler, a certified fire investigator and owner of Andler & Associates discusses the...
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1-800-Car-Insurance
Posted: Thu May 31 -- I think this would be an extremely effective number to have for your agency. I would like to know how it works out for you. steveosiris
What are your thoughts on the insurance industry
Posted: Thu May 31 -- I have tried being an insurance agent before and I really liked it. If you just know how to talk to people then you don't have anything to... rijbadgett
CA STATE FUND
Posted: Wed May 30 -- One point of clarification... I have had some luck there with some people, who have been very helpful and knowledgeable. I don't mean to say... paulbennings
Credit Card Processing
Posted: Wed May 30 -- I'm looking for a Credit card processor that does not have excessive/ hidden fees. Online processing is what we prefer. Any suggestions... JAM
Video Email - Would you do it if it is cost effective
Posted: Wed May 23 -- I have been in the insurance industry since 1985. I have seen a lot of things come and go in that time period. I know right now the hot... Eagleeye
Licensing Outsourcing? Viable?
Posted: Wed May 23 -- Tip brought to you by your local PIA (Professional Insurance Agents Association) ... dm307799
Brokerage and investment firm
Posted: Tue May 22 -- Are you asking what the process is to register as an insurance agent/broker, and also as an investment (i.e. securities broker/dealer)? Your... Big Dog

Reader Comments

Montana School Settles Claim By Family Of Suicide Victim
Posted: Fri May 25 -- I don't understand. This young girl was attacked and violated and the teacher got a 3 year deferred sentence? He should be fried for his... Water Bug
Mom of Massachusetts Man Shot in Harvard Dorm Sues University
Posted: Fri May 25 -- Although I would be devastated were it my child, I would have to admit that life is sometimes unjust and unfair. Neither is grounds for a... Lynda Berge
More Top Executives Say Bribes for Business Acceptable
Posted: Thu May 24 -- That's just great (NOT). Way to lead by example people. Its often commented in the IJ that increased regulation is not favorable to the... Producer #1
BofA Whistleblower to Receive $14.5M in Mortgage Case
Posted: Wed May 30 -- These financial institutions are almost as corrupt as the politicians. Chris Dodd made out like a bandit with his favorable loan terms with... Agent
Maryland's State-Run WC Insurer IWIF to Become Private Nonprofit Co.
Posted: Tue May 29 -- While I generally agree that gov't involvment is not the best, I am not sure its wise to say "Any time" gov't influce is reduced that... Producer #1

Current Issue

May 21, 2012
Current Issue
Workers' Comp Report with ; Restaurants & Bars; Recreation & Leisure

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Copyright © 2012 by Wells Publishing, Inc.

New Markets Daily: May 31, 2012

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Sponsored by: Charity First. Insurance for Nonprofits: Social Service Agencies, Nonprofit Insurance, Religious Organizations. Click here for more information.

May 31, 2012

Commercial Auto - Petroleum Haulers

AmWINS Transportation Underwriters provides product and risk management solutions to commercial and private trucking firms predominately consisting of under 100 power units. Petroleum Hauler coverages include: automobile liability, physical damage, ...
States: FL, GA, NC, VA

Market Announcements

Security Guard & Detective Agencies

Abuse & Molestation, Assault & Battery, Commercial Excess, Difference in Conditions, GL, Personal Liability, Professional ...
States: All states

Condo/Homeowner Associations

Apartment House Package, Boiler & Machinery, Builders Risk, Business Income, Crime, D&O, Earthquake, GL, Lessor Only Excess ...
States: AR, AZ, CA, CO, CT, DC, DE, GA, IA, ID, IL, IN, KS, KY, MD, MI, MN, MO, MT, NC, ND, NE, NM, NV, OH, OK, OR, SC, SD, TN, TX, UT, VA, WA, WI, WV, WY

Excess Workers Compensation

Broad range of classes and retensions.Professional Risk Management available.
States: All states

Restaurants & Bars

Tuscano's writes all types of restaurants, bars and taverns and most variations thereof. Additional coverages and limits can be ...
States: MD, NC, NJ, NY, OH, PA, SC, VA, WV

Feature Articles

11 States Adopt Plan to Distribute Surplus Lines Premium Taxes

States participating in the Non-admitted Insurance Multi-state Agreement, or NIMA, have adopted a premium allocation method for distributing... Read more

Senate to Vote on 60-Day Extension of Flood Insurance Program

U.S. Sen. David Vitter, R.-La., said he and Senate Majority Leader Harry Reid, D.-Nev., have forged a bipartisan agreement to allow floor... Read more

Home Insurance Rates Rose 19% Nationwide in 2011: Report

Homeowners insurance premiums went up 19 percent on average nationwide, according to a report from an online insurance... Read more

Latest Forums

Horse and Carriage Company

Need market for Horse and Carriage Company. Travel city streets. Need GL and Proerty coverage for the Carriage.
by rfrazier on Thu May 31, 2012

Insurance Audit and PC Consultant

Need a carrier for a Insurance Auditer and PC Consultant. One man operation, 1,000,000 E&O policy does 100% of the work in house, ...
by mayn400 on Wed May 30, 2012

Re: Supply Chain Interuption Coverage

This can be provided by most Property Carriers but as part of a Property policy and as an extension to the Buisness Income. If you ...
by diver on Wed May 30, 2012

Gymnastics Equipment Leasing

We are in need of a carrier to provide general liability coverage for a gymnastics equipment rental company in WI. 37 years ...
by byam191 on Wed May 30, 2012

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Insureds Going Green? More Opportunity for You

New training from Insurance Journal's Academy of Insurance. Register today!
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New Class: Green Risk for Buildings and Materials (4-Part Series)
New Training from Academy of Insurance

Going Green Creates New Opportunities for the Insurance Industry

The Green Risks Series Boot Camp is the first of its kind – an educational webinar series about green buildings created by insurance professionals for insurance professionals. As green buildings become mainstream, the challenge is on the insurance industry to be prepared for these genuinely unique risks.

In this four part webinar series, key green-building lessons will be delivered in strategic order designed to address property issues insurers should know. Critical to the insurer's early ability to understand the risks for all stakeholders, this is a must-attend event.

Click Here to Register

What you will learn in this webinar:

  • Part 1 - What is a green building after all?
  • Part 2 - Green Building Rating Programs
  • Part 3 - Green Endorsements
  • Part 4 - Challenges and opportunities waiting for insurers when their clients are going green.

Each webinar is 90 minutes long.

When you register, you get:

  • Access to the live webinars
  • Video and audio recordings, so you can watch or listen again
  • Question & Answer session with the instructor
  • Audio download of the webcasts
  • Presentation slides download

Join us this 4-part webinar series, beginning Wednesday, June 6th. (PLUS, all registrants will receive video and audio recordings of the webinars, so you can listen/watch again at your convenience.)

Space is limited!

Click Here to Reserve Your Spot!

Regularly priced at $479.00, just $397 when you
register today!
(special pricing expires June 5th)

Register Now

Have questions or need help?
Send an email to webcasts@insurancejournal.com
or call Barbara at 800-897-9965 x166.

Part 1: Wednesday, June 6th
Part 2: Wednesday, June 13th
Part 3: Wednesday, June 20th
Part 4: Wednesday, June 27th
Time: 1:30pm ET / 10:30am PT
Duration: 90 minutes each webinar
Register today for just $397!
Click Here to Register

Instructor: Trent Massey
Photo of Chris Boggs Green Risks Specialist and Instructor for Vale Training Solutions


More Great Training:

MAY 31: Understanding and Explaining Ordinance or Law Coverage - This class details the essential coverage provisions found in the two ordinance or law endorsements and demonstrates how this coverage can save your insureds (and you from an E&O perspective) hundreds of thousands of dollars in out-of-pocket expenses.

JUNE 7: Waiver of Subrogation, OCP, Liquor, MCS-90 - Do you know enough about these 4 topics? Join us for this one-hour webinar where you'll learn all the necessary information on OCPs, Liquor, MCS90 and Waiver of Subrogation.

JUNE 14: State of the Industry - The market has been soft for quite some time, but is it changing? Learn how to measure the excess capital in the industry, what the insurance cycle has to do with this, and much more.

JUNE 21: Computer Property Coverages - This course discusses some of the emerging cyber exposures that businesses are facing today. We'll review traditional property and liability contracts and why they do not adequately address cyber exposures.

JUNE 28: The Future of the Work Comp Mod - Are you ready for the change the National Council on Compensation Insurance (NCCI) is making to the calculation of the experience model? This is the first change in more than 20 years.


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Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2012 by Wells Publishing, Inc.

Breaking News: Flood Insurance Program Extended Until July 30

Insurance Journal Breaking News
May 31, 2012

Breaking News Alert

Flood Insurance Program Extended Until July 30

Read the full story

As expected, the U.S. House of Representatives agreed with a Senate a measure extending the federal flood insurance program for 60 days until July 30.

President Obama is expected to sign the legislation into law before the current authorization for the National Flood Insurance Program expires at the end of today, May 31.

Read the full story

Send to a Friend

Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2012 by Wells Publishing, Inc.