Daily Headlines: Wednesday, June 6, 2012

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June 6, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National New Gulf Oil Spill Claims Process to Begin Thousands of victims of BP's 2010 Gulf oil spill will participate in a new process for economic-loss and medical claims associated with the ... Financial Reporting Improved Under 10-Year Old SOX Law: Survey Corporations' internal control over financial reporting has "significantly or moderately improved" in the 10 years since the ... Brown & Brown Names Downs, Lydecker to Top Posts Florida-based insurance agency Brown & Brown Inc., one the country's biggest, has named Linda S. Downs, currently regional president, ... Markel Joins Cargo Theft and Recovery Service Markel is now a member of CargoNet in an effort to assist policyholders in cargo theft prevention, response, and recovery. CargoNet, which ... Insurers Incentivize Policies to Combat Cargo, Equipment Theft Several years of construction equipment and cargo theft claims have some carriers in the inland marine and equipment insurance classes... More National News East Conn. Commissioner: New Law Improves Oversight of Global Insurers Connecticut Insurance Commissioner Thomas Leonardi praised passage of two new laws that give the state greater financial oversight of ... Hampton, Virginia, Declares Local Emergency for Areas Hit by Tornado The city of Hampton, Virginia, has declared a local emergency for the areas affected by last Friday's tornado.Officials estimated that ... Delaware’s Captive Insurance Program Graduates Its Inaugural Class Delaware's captive insurance risk management certificate program is graduating its first class of 25 participants today. This new program ... BMS Group Exec Joins New York-Based U.S. RE as Senior VP Pearl River, N.Y.-based global reinsurance broker U.S. RE Corporation appointed Victor Marques as senior vice president. U.S. RE said ... XL Group Announces Promotion for Marine Business in Northeast XL Group plc has promoted James Thielebeule to regional vice president and manager for the Northeast region of its marine business. In his ... More East News Midwest Fireman's Fund Adds Favata-Bosh as a Senior Director in Chicago Fireman's Fund appointed Donna Favata-Bosh as a senior product director for the healthcare product lines within its professional ... Michigan-Based Firm Cited for Safety, Health Violations at Ohio Plant Brown-Campbell Co. has been cited for 19 alleged safety and health violations at its facility in Maple Heights, Ohio, federal regulators ... 3 Dead After Strong Storm in Southern Missouri A man and his two adult sons died when a sudden, powerful storm slammed into a mobile home in southeast Missouri, officials said as weather ... More Midwest News Southeast Florida Supreme Court: No Penalty for Not Following Hurricane Deductible Disclosure to a ‘T’ The failure to strictly follow the requirements for providing policyholders with information about their hurricane deductible does not mean ... Hurricane Region Residents Urged to Have Tech Backups People living in hurricane prone areas should have a backup tech plan in case a storm hits, because Internet and cell phone connections are ... Tennessee Family Sues County Schools, Claims Bullying The family of a former Clarksville-Montgomery County Schools student has filed a lawsuit, claiming school officials failed to shield their ... Brazilian Firm Sues Florida Over Cuba, Syria Law The U.S. subsidiary of Brazilian construction and engineering conglomerate Odebrecht has filed a lawsuit challenging a recently signed ... More Southeast News South Central Ganne Joins Burns & Wilcox of Dallas Burns & Wilcox of Dallas/Fort Worth announced that Ashley Ganne has joined the company as a broker. Ganne brings a wealth of ... Safety Violations at Arkansas Food Processor Brings $156.7K Fine Alleged health and safety violations at an Arkansas food processing plant have resulted in a proposed $156,700 fine for the plant's ... Drug Maker Sues Louisiana AG in Avandia Drug Case Drug maker GlaxoSmithKline has filed suit against Louisiana Attorney General Buddy Caldwell, alleging that private attorneys hired by ... More South Central News West Slow Containment on New Mexico Wildfire The Whitewater-Baldy Complex wildfire in New Mexico's Gila National Forest is now consumed more than 263,000 acres and is at 22 percent ... Kent Joins Risk Placement Insurance Services Risk Placement Services Inc. named Gus Kent an underwriter/broker in the firm's northern California office. Kent will be responsible for ... C.M. Meiers Defendants File 'Scorched Earth' Countersuit Expect the allegation-laden battle between the new and old owners of bankrupt Southern California insurance agency C.M. Meiers to wage on ... More West News International Economic Storm Clouds Continue to Gather over Europe In many ways Ireland is a "microcosm for Europe," said Danny McCoy, the Director General of the Irish Business & Employer's ... Will There Ever Be a United States of Europe? From recent news you will have learned that the euro zone crisis continues to be the 700 pound gorilla in the room of the global economy. ... RSA Acquires Quebec Insurer L'Union Canadienne RSA announced that it has acquired L'Union Canadienne, Compagnie d'Assurances from  Co-operators General Insurance Company, subject to ... Gomez to Head Lockton Mexico P&C, Surety Operations Lockton announced that Ana Luisa Gomez has joined the company as Managing Director and CEO of Lockton Mexico Agente de Seguros y Fianzas, ... Willis Names Fagerli to Head Norway Subsidiary Willis Group Holdings announced that Nils Arne Fagerli has been appointed CEO of Willis Norway AS, effective immediately. He is based in ... Ratings Recap: Dubai Insurance, Legal & General, London General A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of 'B++' (Good) and issuer credit rating of ... More International News Sponsored Content Darlene Stevens Joins NARS as Director of Quality Assurance and Claims Operations Altamonte Springs, FL, 06/06/12 -North American Risk Services (NARS) has appointed Darlene Stevens to the newly created role of Director ... More Sponsored Content Insurance Journal Blogs Burand’s Agency E&O Blog: Tip #2 Insurance agency errors and omissions (E&O) situations and solutions from consultant Chris Burand. Tip #2 Always use a coverage ... More Blogs 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 Hiring a new CSR Posted: Wed Jun 6 -- Your team is the face of your agency to your prospects and clients. They represent you and everything that you work hard to build and... johnsharp Agency Management System Posted: Wed Jun 6 -- We have HS and its great for personal lines. However, we are a commercial heavy agency and I hear AMS is better for commercial as well as... JAM Credit Card Processing Posted: Wed Jun 6 -- Anyone else? Whats are some possible hidden fees or scams to watch for? JAM Fees on Admitted Market Posted: Wed Jun 6 -- The regs might be different for personal VS Commercial ins. in your state. JAM Do you use online leads services? Posted: Wed Jun 6 -- I myself have used netquote and quotewizard and found out that they are part of the same company along with two other major lead services.... agentofTN Just another day in the retail insurance biz Posted: Tue Jun 5 -- it seems to me everyone is trying to cheat the system, I think you did the right thing asking him detail questions and offering him... Wanyang What are your thoughts on the insurance industry Posted: Tue Jun 5 -- When compared to many other industries, Insurance can be very rewarding, stable, interesting, and important. Having spent my post college... GerryZ Calling all experienced MGAs...is this a fair deal? Posted: Mon Jun 4 -- I think the fact that you are responsible for your own marketing, sales and service is an issue. You can't do all three well, and so what... LadyBroker Go to Forums Reader Comments Family of Girl Who Died At Los Angeles Rave Settle Lawsuit Posted: Mon Jun 4 -- "There has to be oversight to prevent children from being able to gain entry and be put into a position of danger," Steven D. Archer... Ins Guy 50 Years On, Fire Still Burns Underneath Pennsylvania Town Posted: Fri Jun 1 -- There are only 5 remaining homeowners and they presumably have all been there since the fire started, making them all adults who can... Lisa Arkansas Teacher Sues District Over Anger Management Course Posted: Thu May 31 -- explaining teacher's rights vs anger... sounds like the superintendant needs to go to one... he was angry because a teacher was being told... wudchuck Michigan Court Rules for Insurer in Tragic Hit-and-Run Posted: Fri Jun 1 -- "The court's conservative majority"....why do we never see "The court's liberal majority" or "ZZZ is a liberal think tank?" Just... plymn 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 Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue June 4, 2012 Program Directory Vol. I; Bonus: The Florida Issue (Special Supplement) More Newsletters Choose Newsletters Daily Headlines Weekly Reader Picks Magazine Update Insurance Journal TV Classifieds Breaking News MyNewMarkets Daily Claims Daily Enter Your E-mail Market Directories Excess & Surplus Markets Programs Workers' Comp Markets New Insurance Jobs Misc Professional Liability / Technology E&O Underwriter Director of Claims Operations Regional Leaders IT Project Leader Have a job opening? List it on our Web site. 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