Daily Headlines: Thursday, May 10, 2012

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May 10, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Do Safety Incentives Discourage Workers from Reporting Injuries? Many employers are in the dark over whether their safety incentive programs encourage or discourage the reporting of injuries and illnesses ... Senate Panel to Probe Ties Between Painkill Drugmakers, Medical Nonprofits A U.S. Senate panel has launched a probe of possible links between three drugmakers and nonprofit medical groups that advocated for ... Federal Aviation Safety Regulators Ignore Whistleblowers: Watchdog The Federal Aviation Administration has repeatedly dragged its feet in responding to whistleblower complaints about safety problems and ... Game On! Market Conditions Right for Insurers in Sports, Entertainment Segment Americans love their sports and entertainment, and right now so does the insurance industry. Insurers are renewing their focus on this class... More National News East Goldman Sachs Upgrades AIG Stock to ‘Buy,’ Sees Progress at Chartis The Goldman Sachs Group, a global investment banking and securities firm, is bullish on American International Group Inc. In a new equity ... Brown & Brown Acquires Mass.-Based Richard W. Endlar Insurance Agency Brown & Brown of Massachusetts LLC, a subsidiary of Brown & Brown Inc., said it acquired assets of Richard W. Endlar Insurance Agency Inc. ... New York Fines 15 Insurers Over Mental Health Notices New York regulators have fined 15 insurers $2.7 million for failing to notify small businesses they were eligible to buy special coverage ... U.S. Calls $2M NYC Deal Largest Fair Housing Act Settlement Ever The federal government has announced that a settlement with a New York City landlord will result in more than $2 million being paid to ... Virginia Hurricane-Prep Sales Tax Break Starts May 25 Virginians who want to stock up on batteries, bottled water and other supplies for the hurricane season will get a tax break this month. ... More East News Midwest Kaufman Financial Group Names Derigiotis Director at R.B. Jones Kaufman Financial Group, based in Farmington Hills, Mich., appointed David Derigiotis to a director position at its wholly owned ... Stoermer Insurance to Assume Accounts of Black/White & Associates Insurance wholesaler and managing general agency, Black/White Associates of Louisiville, Ky., announced it has partnered with Stoermer ... USI Insurance Services Acquires Assets of National Insurance Specialists USI Insurance Services announced it has closed on the acquisition of certain assets of Toledo, Ohio-based National Insurance Specialists ... More Midwest News Southeast Judge: Mississippi Lawyer Owes Diet Drug Claimants $600K A judge has ruled that a Jackson attorney owes two former clients a combined $600,000 from more than $4.5 million in attorney fees he ... 2 Republicans Face Run-Off in North Carolina Insurance Commissioner Race Republicans still have to pick their candidate for North Carolina insurance commissioner after cutting the field to two. Richard Morgan and ... Florida Approves Hurricane Shelter Plan The construction of new public schools across Florida has contributed to a significant increase in the number of hurricane shelter spaces, ... Miami Boat Captain Charged with Insurance Fraud Over Sinking of $1.8M Yacht A Miami boat captain has been arrested on a first-degree grand theft charge for allegedly sinking a $1.86 million yacht in 2009 off the ... More Southeast News South Central Louisiana Commissioner: Property Insurance Market Has Recovered Louisiana Insurance Commissioner Jim Donelon told an Alexandria civil club that the state's property insurance market is "more ... BenefitSpecialists Joins Higginbotham Insurance Group Higginbotham Insurance Group and BenefitSpecialists announced the merger of their operations in Houston. BenefitSpecialists, an employee ... Officials Strengthen Insurance Fraud Prosecution in Southeast Texas Southeast Texas has a new team dedicated to fighting insurance fraud. Texas Department of Insurance (TDI) Commissioner Eleanor Kitzman and ... Louisiana Citizens Personal Lines Rates Changes Effective June 1 The Louisiana Department of Insurance has approved changes to the property insurance rate levels for personal lines policies written by ... More South Central News West Honda Wins Reversal of Small Claims MPG Judgment Honda Motor Co. has won the reversal of a $9,867 small-claims judgment awarded to an owner who claimed the Japanese automaker fraudulently ... Prison Inmates Sues Over Broken Toe, Seeking $2.2M A Montana State Prison inmate is suing five prison employees for the physical and mental trauma he says he suffered after getting his foot ... Oregon Workers Urged To Prepare For Zombie Apocalypse Oregon state workers are being urged to prepare for a zombie apocalypse, then, they'll be ready for an earthquake or other emergency. The ... Wyoming Governor Open To Higher Fines For Worker Deaths Wyoming Gov. Matt Mead says more may need to be done to combat the state's high workplace fatality rate. Mead told a meeting of the Wyoming ... 3 Critically Injured In Wyoming Refinery Fire Three workers injured in a fire at the Sinclair refinery near Rawlins, Wyo., were taken to a burn center in Colorado in critical condition. ... More West News International Wreckage of Russian Sukhoi Plane Strewn on Indonesian Mountain The wreckage of a Russian Sukhoi aircraft with about 50 people on board was found on Thursday strewn on a steep ridge on a mountain south ... New Antarctic Ice Shelf Threatened by Global Warming Scientists are predicting the disappearance of another vast ice shelf in Antarctica by the end of the century that will accelerate rising ... MAPFRE Q1 Results: Total Revenue Tops $8.8 Billion, Latin American Growth Spain's MAFRE Group posted total revenues for the first quarter of 2012 of €6.835 billion [$8.858 billion], an 11.5 percent increase ... Allianz Preliminary Q1 2012 Figures Forecast $1.8 Billion Profit German insurance giant Allianz SE has released preliminary figures for the first quarter of 2012, which indicate that total revenues will ... Best Sees No Ratings Changes at Aviva after Moss Departure A.M. Best Europe – Rating Services Limited has commented that the financial strength ratings, issuer credit ratings and debt ratings of ... More International News Join the Insurance Journal Network Insurance Journal TV Annual Live Training Burn Educates Adjusters Pat Andler, a certified fire investigator and owner of Andler & Associates discusses the... Watch Now What D&O Buyers Look For In a Carrier What do insureds look for when shopping for a carrier to provide director and officers... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums "Pay As You Go" Work Comp Posted: Thu May 10 -- We offer a wage report for the purpose of "pay as you go" workers comp reporting. We aren't a payroll company, so customers can really work... JoelSlatis Aviation Products Liability - Non-Critical Parts Posted: Wed May 9 -- Am curious. Just what are the Non-Critical parts? Perhaps there is a chance to cover them outside the aviation markets. mightyquinn Is it possible to get insurer appointments just starting out Posted: Wed May 9 -- BiggBoy, This is a very loaded question and will attempt to help. You indicated that you might want to start out for 6 months or so with a... Eagleeye HOA Products completed ops Posted: Tue May 8 -- How can you get the coverage included in the Umbrella if it is not on the primary policy? ALso, is the Products/Completed Ops coverage... LadyBroker Licensed vs non licensed CSR ( CA) Posted: Tue May 8 -- It is also illegal in my state (Texas) unlicensed CSR's cannot discuss coverages at all. Not even a deductible. bkrigsman Residential Apartment Building with Fuses - CA Posted: Tue May 8 -- If you find a market, I would be shocked if the market would supply other than Basic form property coverages. Liability for the apatment... mccluney Are Insurance Agents Employees or Independent Contractors? Posted: Tue May 8 -- I'm no CPA, but my thought would be that this should vary based on state employment regulation. mangroveman Go to Forums Reader Comments Detroit Schools to Pay $425K To Student's Family Posted: Thu May 3 -- "the matter has been resolved." Is that what the DA says, too? This is criminally negligent homicide, and should be treated as such. Ins Guy Dead Mexican Teen's Family To Pursue Suit in Texas Posted: Thu May 3 -- Is this a justified reaction? Kid or grown up, under any circumstances, a rock has no match with a bullet. pogiine Christian Group Sues Michigan City, Muslims Over Event Posted: Fri May 4 -- A bit off topic, but I find it absolutely ludicris that muslims would presume to control non-muslims by threat of death for simply drawing a... Kurt Victims of Cyberbullying Fighting Back in Libel Suits Posted: Mon May 7 -- At the school where my kids attend, social media sites (and non-educational sites) are blocked and cell phones are only allowed in certain... Jim G What to Expect If Supreme Court Strikes Down Obamacare Posted: Fri May 4 -- And further: his qualifcitions are irrelavent. What I don't like about you is people like you set up bullying. You say oh here is is... 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