Daily Headlines: Monday, August 13, 2012

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August 13, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National FTC Settles with Facebook Over Privacy Breaches The Federal Trade Commission voted Friday to finalize its settlement with Facebook, resolving charges that the social network exposed ... NAIC CEO Vaughan to Step Down in 2013 Dr. Therese M. (Terri) Vaughan announced she will step down as chief executive officer of the organization of state insurance regulators, ... Hartford Steam Boiler, NetDiligence Offer Data Breach Portal The Hartford Steam Boiler Inspection and Insurance Co. (HSB), part of Munich Re, in collaboration with NetDiligence, has put in place ... Five Years Later: The Doctor's Co. Tribute Plan Benefits More Than Just its Members When The Doctors Co. launched The Tribute Plan back in 2007, the goal of the program was to reward members for their loyalty to the medical... More National News East Disabled Drivers in N.Y. Pay 28% More for Auto Insurance, Study Says A new study found that drivers with disabilities in New York City pay 28 percent more for their auto insurance on average compared to ... Former Agency Owner in Va. Sentenced for Selling Nonexistent Policies A Schuyler, Virginia, woman convicted of selling fake insurance policies will spend more than two years in prison. Forty-year-old Mae Anne ... N.J. Upholds Law Requiring Teen Drivers to Post Decal on License Plate New Jersey's top court upheld a controversial law last week that requires teen drivers to purchase and display red decals on the license ... N.Y.-Based Preferred Concepts Hires Senior Property Underwriter Preferred Concepts LLC, a program underwriter and specialty insurance broker based in New York City, has appointed Robert Lynch as senior ... Aon Hewitt Hires Lead Health and Benefits Strategist in New York Aon Hewitt, the global human resource solutions business of Aon plc, recently hired John Asencio as senior vice president in the New York ... More East News Midwest June, July Ohio Storm Losses Rise to More than $400M Insured losses from a round of summer storms in late June and early July have risen to more than $400 million, a state-based insurance ... McCaskill, Akin Explain Farm Bill Differences Democratic Sen. Claire McCaskill of Missouri stressed her support for federal crop insurance legislation and other rural interests on Aug. ... Lawsuit Filed After Fatal Chicago Megabus Accident A Chicago law firm is suing Megabus on behalf of the estate of a 76-year-old Chicago woman who was struck and killed by one of the ... More Midwest News Southeast Jury Sides with Man in Claims Against Mississippi Police Officers A federal jury has awarded a Madison resident more than $93,000 in a lawsuit against three city police officers for excessive force and for ... Florida Says 36% Cut in Forced Place Insurance Rate Justified Praetorian Insurance Co. is facing up to a 36 percent rate reduction for Florida homeowners. Florida Insurance Commissioner Kevin McCarty ... Florida Gov. Scott Reappoints 7 Workers’ Compensation Judges Florida Governor Rick Scott has reappointed seven judges on the state's court that handles workers' compensation claims. Judge W. James ... More Southeast News South Central Louisiana Citizens Seeking to Settle Hurricane Lawsuits Louisiana's property insurer of last resort is trying to negotiate settlements on two remaining class action lawsuits tied to the company's ... One Year Later: Bastrop, Texas, Residents Recovering Belinda Williams was preparing to go to bed in her beautiful Texas limestone house embedded in the lost pines of Bastrop when she looked ... The Republic Group Appoints Wiedmeyer VP of Claims The Republic Group announced it has named Timothy R. Wiedmeyer vice president of Claims. Wiedmeyer was with West Bend Mutual Insurance Co. ... More South Central News West California Supreme Court Tells Insurers To Pay Insurance companies must pay up to the policy limits for cleanup of the Stringfellow Acid Pits in Riverside County, the California Supreme ... California Fire Fee Ignites Anger As Bills Go Out More than 800,000 Californians who own property in wildfire country will begin receiving bills this week for a new annual fire-protection ... Fireman's Fund Names Fuegner As VP Of Brand Management NOVATO, Calif.-based Fireman's Fund Insurance Co. named Paul Fuegner vice president of brand management. Fuegner will be the steward of ... Jenkins Insurance Group Welcomes Michael Sukle Concord, Calif.-based Jenkins Insurance Group named Michael Sukle as a vice president. Sukle's primary focus will be personal and ... Yates Taps Foley for San Diego Area Tustin, Calif.-based Yates & Associates named Lisa A. Foley to its team. Foley, a 16-year veteran of E&S broking, will be charged ... More West News International Death Toll in Iran Quake Raised to at Least 250 The death toll from twin earthquakes in Iran has risen to 250 [later reports put the death toll in excess of 300], Iranian state television ... Africa’s Pirates Have Demands for Insurers – and a Letterhead, Too Welcome to the Pirate Action Group. Pirate commander Jamal wishes to congratulate you on being hijacked. Kindly speak to his negotiator ... Olympics: IOC President Closes ‘Happy and Glorious’ Games The London Olympics were described as "happy and glorious" by International Olympic Committee President Jacques Rogge on Sunday as he ... Wildfires Threaten to Burn Precious Natural Parks in Spain Fierce wildfires forced the evacuation of thousands of residents and were threatening some of Spain's most precious natural parks, ... More International News Sponsored Content Meet Marine Jeff Combs, Swett Warrior who lost his arm in Iraq Check it out. More Sponsored Content Join the Insurance Journal Network Insurance Journal TV Agriculture Business Prepared for This Year's Drought Record high temperatures in the Midwest have farmers facing the worst drought in over 20 year,... Watch Now New PURE Program Provides Extra Flooding Services for High-Value Homeowners A new flood coverage suite from Privilege Underwriters Reciprocal Exchange, or PURE, now... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Exotic car, bad driver!! Posted: Mon Aug 13 -- We can write American Modern though our master code but i doubt they have an Appetite for a $1.5 million sports car. JAM ARM Posted: Fri Aug 10 -- Thanks Big Dog. Since I'm new to the industry (and want to keep my underwriting options open, not just client-side), would it make more... dcornett Selling a complementary product alongside insurance policies Posted: Fri Aug 10 -- I've helped several customers to rebuild their businesses after they suffered catastrophic loss. From what I've experienced when working... wiseleo Adding Value? Who Cares? And, who gets mad? Posted: Fri Aug 10 -- Here's the follow up...about a week ago, a thick envelope arrived from a law firm...it was the tender for defense coverage to the carrier... d's insurance store Management Liability Posted: Fri Aug 10 -- Another consideration: if the client has already contacted customers of their former employer, purchasing a policy today for acts committed... jackwehoca Dave Ramsey Posted: Fri Aug 10 -- Are you referring to any of his specific comments on insurance, or???? FWIW, he's highly regarded with respects to his counsel on personal... Big Dog Child Safety Alarm (MO) Posted: Wed Aug 8 -- "Hotcoffee, It is possible.... but I need to know more about the process you are going through. You are saying you... hotcoffee Agent no legal duty to inform on cancellations? Posted: Tue Aug 7 -- I agree with Ins-atty's 8/7 post. Exercise common sense. My practice is to never call anyone about a late payment. My best customer (a large... ForumReader1 Go to Forums Reader Comments South Carolina Restaurant to Pay $1.1M in Drunk Driving Death Posted: Tue Aug 7 -- Are you kidding me? How can the lawyers sleep at night? Those that are truly victimized always seem to lose. v Miami-Dade County to Vote on Pit Bull Ban Posted: Tue Aug 7 -- Ban them! Realist New York Enacts Law Allowing Gifts Worth Up to $25 From Producers Posted: Thu Aug 9 -- While the politicians receive gifts of equal to thousands of dollars, they "approve" of a gift limit of $25 for producers. You can't even... DES House Passes $383 million US Drought Aid Bill for Ranchers Posted: Mon Aug 6 -- If you want to support farmers then go and buy local. Don't go to a big box and buy produce that was shipped in from Asia. Go to a farmers... ExciteBiker Calif.'s 9th Circuit Hands Former NFL Player Worker's Comp Loss Posted: Wed Aug 8 -- Until I read this, I was a Bruce Matthews fan. If you look up the amount of money he made while playing in the NFL, it is sickening. He made... 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