Daily Headlines: Wednesday, October 10, 2012

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October 10, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National U.S. Sues Wells Fargo in Civil Mortgage FIRREA Fraud Case The U.S. government filed a civil mortgage fraud lawsuit on Tuesday against Wells Fargo & Co, the latest legal volley against big banks for ... US Safety Regulator Warns about Counterfeit Airbags The U.S. safety regulator issued a warning on Wednesday to consumers with repaired vehicles that they may have air bags that don't inflate ... P/C Sector Expected to Post Strong Q3 Earnings: KBW The third-quarter earnings season is almost here. And analysts at research firm Keefe, Bruyette & Woods published their propety/casualty ... Zurich in North America Names New CFO Zurich in North America (ZNA) has appointed Dalynn Hoch as its new chief financial officer. She is based in Zurich's North American ... Allstate: Overweight Drivers, Passengers Hurt Vehicle Fuel Efficiency It's not just the gas-guzzling SUVs that are hurting the driving fuel efficiency.The growing average weight of Americans is responsible for ... The Next New Thing: Coverage Issues from Fracking Claims Every few years it seems that there are predictions of a new type of claim that threatens to engulf carriers. In the 1980s and 1990s it was... More National News East Starr Companies Appoints North American Accident & Health Leader Starr Companies announces the appointment of Meredith Ryan-Reid as North American leader for the accident and health division. She is based ... French Fries Spark Apartment Blaze in Maine Fire investigators say a woman making a late night snack of french fries sparked a fire in a Pittsfield, Maine, apartment building that ... Ads for Mass. Senate Hopeful Warren Defend Legal Work in Asbestos Case Democratic Senate hopeful Elizabeth Warren has launched two new television ads responding to criticism by ... More East News Midwest Indiana Doctor Who Hid in Europe Says He's Served Enough Time A former northwestern Indiana nose surgeon who spent five years on the run from fraud charges is arguing he's served enough time in prison ... Deadly Year for Motorcyclists in Wisconsin Wisconsin Department of Transportation officials say 2012 will be one of the deadliest years on record for motorcyclists. So far, 102 ... More Midwest News Southeast Kentucky Court: No WC Benefits for Unemployed Volunteer Firefighter A Kentucky appellate court recently ruled that an injured volunteer firefighter is not eligible for permanent disability benefits because ... Incoming Florida House Speaker Wants Citizens' to Wait on Lawmakers The incoming Florida House speaker is asking the chairman of the state-backed Citizens Property Insurance Corp. to postpone a key ... Florida Gov. Becomes Target Even Though He's Not on Ballot There's one person not on this year's ballot who is still getting his fair share of grief. And that's Florida Gov. Rick Scott. Scott has ... More Southeast News South Central Louisiana in 2011 Saw Decline in Rear-Seat Passenger Deaths More people in Louisiana seem to be buckling up in the back seat. The Louisiana Highway Safety Commission says preliminary crash data shows ... TWFG Expanding From Coast-to-Coast Texas-based The Woodlands Financial Group (TWFG) has announced a substantial expansion of its network, adding new branches in multiple ... Dobbins Named General Counsel at Oklahoma Insurance Department Oklahoma Insurance Commissioner John D. Doak announced the appointment of Susan Dobbins, J.D. to the position of general counsel for the ... Texas Mutual Receives Top Ratings from A.M. Best Texas Mutual Insurance Co. announced it has received a financial strength rating of "A" (excellent) and an issuer credit rating of "a" from ... K2 Insurance Services Backs New Texas MGA Mission Select A new managing general agency - Mission Select Insurance Services, LLC - has been formed in Argyle, Texas with the backing of San Diego, ... More South Central News West NIF Group Taps Terlaje for President in Pacific Region NIF Group Inc., a program administrator and managing general agent, named Vince Terlaje president of NIF Pacific, which is NIF's Bothell, ... Wyo. OSHA Seeks Additional Fines Against Sinclair Wyoming's state workplace safety agency is seeking another $155,000 in fines against Sinclair Oil, this time for a refinery fire that ... Calif. Settles with Funeral Co. Over End-Of-Life Policies California officials have reached a $25 million settlement with a company that sells end-of-life policies through funeral planners, state ... Northern California-based Broker Group to Meet in Shanghai The Worldwide Broker Network, a group headquartered in San Mateo, Calif., will hold an owners conference in Shanghai, China on Oct. 17 ... More West News International Willis Sees Threats on Horizon for Booming Latin American Energy Industry "The booming Latin American energy industry is not insulated from the threat of a euro zone collapse or hostilities in the Middle East," ... India's Battered Insurers May Need More than Foreign Investment India's proposal to allow more foreign investment in its $41 billion insurance business provides a lifeline for an industry starved of ... Global Federation of Insurance Associations Launched Thirty-one of the world's most important insurance associations, who represent 87 per cent of worldwide insurance business, formally ... Best's Report on Spanish Non-Life Sector Finds Profits, Future Challenges "The Spanish non-life insurance sector remained profitable in 2011, but growth remains challenging, as it continues to face one of the ... Barclays Bank Shows Retail Intent with Takeover of ING Direct Barclays' new chief executive set the course firmly towards retail banking on Tuesday with his first deal since replacing Bob Diamond - the ... R K Harrison Offers Specialist PI Product for Art Market Professionals London-based R K Harrison Insurance Services (RKHIS), part of the employee-owned insurance broker, R K Harrison Group, has developed a new ... Best Affirms Greenlight Re and Affiliates Ratings; Outlook Stable A.M. Best Co. has affirmed the financial strength rating (FSR) of 'A' (Excellent) and issuer credit rating (ICR) of "a" of Greenlight ... More International News Sponsored Content Astonish now Integrates with QQ Solutions to Provide a Complete Solution for Insurance Agency Management and Digital Marketing Warwick, RI, 10/10/12 - Astonish, a leading insurance digital marketing system in the U.S., today announced its integration with QQ ... More Sponsored Content Insurance Journal Blogs IICF Week of Giving Carries On Volunteerism, Adds 'Text to Give' The property/casualty sector of the insurance industry gave an estimated $500 million in charitable funding in 2010, according to a 2011 ... More Blogs 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 National Agents Alliance? Legit or Keep Away? Posted: Wed Oct 10 -- This company is a bunch of scumbags and here is some good proof. Michael Bettencourt is one of NAA's best producers. Rising Star ... all... dont do it UW's Please Respond Posted: Tue Oct 9 -- You'll be hard pressed to find a standard market to write a firearms accessories manufacturer. The mfg has a definite products exposure as... Adame526 Thoughts on some books? Posted: Fri Oct 5 -- It has been several years ago since I purchased the Insurance Essentials material so I have not seen the current book. We used it primarily... ForumReader CPCU - Worth it right now? Posted: Fri Oct 5 -- Popeye, read the previous posts in this thread for an answer to your question. ForumReader Pizza W/ delivery WC in CA Posted: Thu Oct 4 -- I need to know what carriers write pizza Wc with more than 10% delivery exposure. Our current carrier wont write it as it is not a... JAM Primary Flood MO Posted: Thu Oct 4 -- Who is a market in Missouri for primary flood insurance on a residential rental duplex in a community that does not participate in the NFIP... Midwest-Bill 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 Go to Forums Reader Comments AIG Unveils New 'Refreshed' Logo Posted: Wed Oct 3 -- My guess is they spent well over $100k, and got a poor result. This logo is not good. People don't want a "contemporary" insurance company.... Johnny Tennessee Court Upholds Man's Paternity Fraud Claim Posted: Wed Oct 3 -- You are NOT the father! (queue the audience clap sign) Maury Americans Do Not Expect Total Repeal of Health Care Law: Poll Posted: Wed Oct 3 -- Another Democrat thought - Why are they allowing Jesse Jr to remain on the ballott? He has been absent from work for Months. He is... FFA Neb. Man Paralyzed in Crash Loses Fight With Insurer Posted: Fri Oct 5 -- The officer was driving 80 mph in a 50 mph limit zone? Does anyone want to bet me he is still collecting a taxpayer check and building up... ExciteBiker Lawmaker Warns of New Cyber Threats to U.S. Financial Networks Posted: Fri Oct 5 -- And to those of you that think "they are just good people keeping us safe from bad people, and I have nothing to hide so I have no qualms... 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