Daily Headlines: Thursday, October 4, 2012

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October 4, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National P/C Insurers' Profits Jump in First Half as Catastrophe Losses Drop U.S. property/casualty insurers' net income after taxes jumped to $16.4 billion in first-half 2012 from $4.8 billion in first-half 2011, ... Insurance Institute Names 4 Car Models Top Safety Picks The Dodge Dart, the model Chrysler is betting on becoming a top-selling small car, was among four new vehicles on the U.S. market to ... Best Agency to Work For: Overall This year six agencies in all received top honors as a Best Agency to Work For. The Best Agencies to Work For in 2012 include: Bryan ... Surplus Lines: Regulators Vetting of Alien Nonadmitted Insurers The National Association of Insurance Commissioners (NAIC) is a non-profit entity that acts as the trade association for state insurance ... Insurance Noodle Expands Online Quoting Platform for Personal Lines Business Insurance Noodle, part of Willis North America, a unit of Willis Group Holdings plc has launched its immediate personal lines quoting ... The Wait is Over: MyNewMarkets.com is Now Better than Ever MyNewMarkets.com has relaunched with a major site redesign that includes user-friendly enhancements to its search function. For the last two... More National News East Best Agency to Work For: East This year six agencies in all received top honors as a Best Agency to Work For. The Best Agencies to Work For in 2012 include: Bryan ... N.J. Brokerage Bollinger Acquires The Morville Agency Short Hills, N.J.-based insurance brokerage Bollinger Inc. has acquired The Morville Agency of Newton, N.J. The Morville Agency specializes ... 9 Accused of Faking Injuries in Philadelphia Trolley Mishap Authorities in Philadelphia say nine people who allegedly faked injuries in a minor traffic mishap are being charged with insurance fraud. ... 'DUI Hotel' in Allegheny County, Penn., Offers Offenders 2nd Choice Nearly 30 years after state legislators imposed stricter punishments for drunken drivers, an Allegheny County program allows them to serve ... For Elderly Drivers, Families Can Help Decide When to Give Up the Keys Ruth Lape of Somerset, Pennsylvania, decided to stop driving in 1999, but it wasn't because of any limitations that she felt she had. ``It ... More East News Midwest Best Agency to Work For: Midwest This year six agencies in all received top honors as a Best Agency to Work For. The Best Agencies to Work For in 2012 include: Bryan ... United Heartland Names Hobbs VP of Claims and Managed Care United Heartland, based in New Berlin, Wis., has appointed Rick Hobbs as vice president of Claims and Managed Care. Hobbs joined United ... IMA Adds 2 to Wichita Office Claims Team Insurance broker IMA Inc. has hired Geoff Baker, claims manager, and Maranda Pike, claims advocate, in the company's Wichita, Kansas claims ... More Midwest News Southeast Florida Approves 10.8% Rate Hike for Citizens; Also 21.4% for Sinkholes Florida regulators have approved a 10.8 percent statewide average homeowners insurance rate increase and a 21.4 percent increase in ... North Carolina Insurers Seek 17.7% Increase in Homeowners Rates North Carolina homeowners could see their first rate increase in four years as the state's rating bureau called for a statewide average ... Judge Shuts Down Christian Health Ministry Medi-Share in Kentucky A Christians-only health care ministry must cease operations in Kentucky unless it can get regulatory approval from the state Department of ... Best Agency to Work For: Southeast This year six agencies in all received top honors as a Best Agency to Work For. The Best Agencies to Work For in 2012 include: Bryan ... More Southeast News South Central Best Agency to Work For: South Central This year six agencies in all received top honors as a Best Agency to Work For. The Best Agencies to Work For in 2012 include: Bryan ... Study: Poor Roads Cost Texans $23 Billion a Year A nonprofit highway industry group says its study found decaying Texas roads are costing motorists more than $23 billion a year. TRIP is ... Worksite Death Leads to $189K Fine for Texas O&G Service Company The U.S. Department of Labor's Occupational Safety and Health Administration has cited Halcon Resources Corp. for two willful and seven ... More South Central News West Best Agency to Work For: West This year six agencies in all received top honors as a Best Agency to Work For. The Best Agencies to Work For in 2012 include: Bryan ... Calif. Jury Awards $10.2M To Dirt Bike Rider For Knee Injury A superior court jury in central California has awarded a man $10.2 million in damages that resulted from dirt bike collision in 2007 with ... Colorado Hotel Owner Settles Discrimination Suit A Hampton Inn & Suites franchise in Colorado has agreed to pay $85,000 in back pay and compensatory damages to non-Hispanic employees who ... Clark County Asks Nevada For Disaster Aid After Floods Clark County commissioners are asking the state of Nevada for disaster relief funds in the aftermath of flash floods that killed two people ... Mentally Ill Woman Shot By Los Angeles PD Awarded $3.2M A federal jury has awarded $3.2 million to a mentally ill woman who sued after Los Angeles police shot her and shocked her with a Taser. ... SullivanCurtisMonroe Adds Crouch as Vice President In Southern California Irvine, Calif.-based SullivanCurtisMonroe Insurance Services LLC named Canaan Crouch as a vice president in its Irvine office. Crouch comes ... More West News International ABI Calls for New Restrictions on Younger Drivers The Association of British Insurers is urging a review of the regulations for younger (17 to 24 year-old) drivers, including some new ... Aon Report Finds Loss of Company Reputation Linked to Crisis Events According to the Aon-sponsored Reputation Review 2012, a report recently issued by Oxford Metrica, an independent analytics and advisory ... NHC Tracking TS Oscar; TS Nadine The National Hurricane Center in Miami has issued an advisory bulletin for tropical storm Oscar, which is centered about 1245 miles, 2005 ... Ratings Recap: Nacional Re, Barents Re, PMG, MS Frontier Re A.M. Best Europe - Rating Services Limited has assigned a financial strength rating of 'A-' (Excellent) and an issuer credit rating of "a-" ... More International News Join the Insurance Journal Network Insurance Journal TV Louisiana's Donelon on Isaac, Citizens, Lawsuits and More Despite taking a direct hit from Hurricane Isaac in late August, Louisiana probably won't see... Watch Now 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 Watch more videos at InsuranceJournal.tv New Discussions in the Forums Will old CPCU books work for the new CPCU exams? Posted: Thu Oct 4 -- Actually, in my biology degree, most of the teachers allowed older edition books since the material was very similar. The only ones that... NCPCLHagent Non-profit with incidental international exposure Posted: Wed Oct 3 -- Rob Chartis has a World Risk Foreign package that allows you to pick and choose the coverages you need at very reasonable prices. Haven't... rcb CPCU - Worth it right now? Posted: Wed Oct 3 -- Thinking of taking CPCU: what is the recommended order of difficulty from least to most? popeye Thoughts on some books? Posted: Sun Sep 30 -- Hey guys, I was wondering if anyone can give an opinion on the "insurance essentials" books from the National Alliance. There is one for... NCPCLHagent How to grow an Insurance Agency one client at a time. Posted: Sat Sep 29 -- I agree with all of you. I am new to this business and have seen my share of people that simply chase the commission. Don't get me wrong, I... m2insurance National Agents Alliance? Legit or Keep Away? Posted: Fri Sep 28 -- Sounds like a sales pitch from NAA. I've never heard any agent be positive about their experience with them. MarcMeyers Reliable Car Insurance Quotes Posted: Tue Sep 25 -- A lot of local agents provide free quotes and some have the ability to bind policies online. Usually agents will sell you liability policies... txinsurance4 CA State Fund, wtf!!! Posted: Tue Sep 25 -- And the fun is just beginning. Starting soon ,many agencies (under 100k in per annum premium I believe) are relegated to submitting all... jackwehoca Go to Forums Reader Comments Poll: Majority of N.J. Voters Support Requiring Pet Seat Belt Use Posted: Thu Sep 27 -- You just TRY and get that darned thing 'round me, sucker. Go for it. See how far it gets ya. Al E. Gator South Carolina Erotic Dancer Not Covered by Workers' Compensation Posted: Thu Sep 27 -- The court did her a favor. She is now deemed a 3rd party by law, and will sue the pants off the club. Ted Drivers May Be Unaware of Texting Habit: Study Posted: Thu Sep 27 -- This is ridiculous. I don't believe for a second that a person is driving takes their phone out and responds to a text and doesn't know it,... Fred Shaw How Dangerous Is Distracted Walking? N.Y. Transport Chief Weighs In Posted: Tue Oct 2 -- When the pedestrian is at fault for their lack of attention and the auto policy comes into play for indemnity...Yes, that is becoming quite... Ghost Americans Do Not Expect Total Repeal of Health Care Law: Poll Posted: Tue Oct 2 -- What does the amount of underwriting leverage for an insurance carrier have to do with cutting reimbursements to hospitals? I don't the... 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