Daily Headlines: Tuesday, January 22, 2013

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January 22, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Former Nebraska Sen. Nelson Named CEO of Insurance Regulators' Group, NAIC Former Nebraska Senator Ben Nelson has been named chief executive officer of the National Association of Insurance Commissioners (NAIC), ... In Inaugural Address, Obama Vows to Tackle Climate Change President Barack Obama said on Monday he will confront climate change in his second term in office, an unexpected vow that puts the ... Travelers Q4 Profit Down, Hurt by $669M Sandy Loss; Full-Year Profit Up The Travelers Companies Inc. today reported net income of $304 million for the 2012 fourth quarter, down 51 percent compared to $618 ... Who's Worth What in the Independent Agency System? Find Out Now Insurance Journal is polling insurance agents and brokers nationwide in its annual search to find out who's worth what in the independent ... Travelers Adds Cyber Protection Tailored to Small Businesses Small businesses may not think they are at risk for cybercrime, but almost 72 percent of the 855 data breaches worldwide analyzed by ... Supreme Court to Hear Stanford Ponzi Lawsuits, Workplace Bias Case The U.S. Supreme Court last Friday agreed to hear four new cases, addressing matters as diverse as the reach of a law designed to combat ... After the Storm: Insurance Agents E&O Lessons Learned More often than not, a second wave of claims against insurance agents by their clients follows a natural disaster. As parties find... More National News East Superstorm Sandy Challenges Definition of Basement in New Jersey Irene Sobolov believes the first floor of her house in Hoboken, N.J., is just that. The federal government and her insurance company say ... Conn. Considers Expanding Workers' Comp to Help Emergency Workers Post-traumatic stress was so great for some first responders who arrived at Sandy Hook Elementary School minutes after a gunman killed 20 ... A.M. Best Upgrades Issuer Credit Ratings of Vermont Mutual Insurance A. M. Best Co. said it has upgraded the issuer credit rating (ICR) to "a+" from "a" and affirmed the financial strength rating of A ... Some Decry Damaged Cars at New York Runway Site on Long Island Environmentalists are decrying the placement of 18,000 damaged automobiles on a runway at a defunct defense plant on eastern Long Island, ... Massachusetts Bill Would Require Gun Liability Insurance As lawmakers cast around for ways to curb gun-related violence, some are hoping the insurance market might offer incentives. A bill filed ... More East News Midwest MMIC-Backed Constellation to Partner with Medical Liability Insurers Constellation, a mutual holding company, has been formed by medical liability company, MMIC, to enable physician-owned medical liability ... Kansas Commissioner Names Sourk Director of Consumer Assistance Kansas Insurance Commissioner Sandy Praeger has named Jennifer R. Sourk as the director of the Kansas Insurance Department's Consumer ... Michigan Broker Pleads Guilty in $1M Fraud Case A northern Michigan insurance broker accused of manipulating elderly clients has pleaded guilty to fraud. Prosecutors say William Lowder ... Ohio Joins States Tracking Arsonists on Registries Ohio is joining the few states that require convicted arsonists to register with authorities, hoping it will help solve more cases, deter ... More Midwest News Southeast Florida's Citizens Backs Bill Calling for More Oversight Florida's state policyholder-backed property insurer says it welcomes a newly proposed legislative initiative that would create an ... Alabama School System Sues BP Over Revenue Lost Due to Oil Spill An Alabama school system on the Gulf Coast says it's filing a claim seeking compensation for lost revenues blamed on the BP oil spill in ... More Southeast News South Central Ex-New Orleans Mayor Nagin Charged With Bribery More than a decade ago, Ray Nagin was elected mayor of New Orleans on a vow to root out corruption in a city plagued by decades of it. On ... Arkansas Governor Reappoints Hood to Workers' Comp Commission Arkansas Gov. Mike Beebe has reappointed Philip Alan Hood to the state Workers' Compensation Commission. Beebe returned Hood to the panel ... More than 2,400 Bills Filed for 2013 Oklahoma Legislative Session Members of the Oklahoma House and Senate have filed more than 2,400 bills and resolutions to consider in the 2013 Legislature. The measures ... More South Central News West Idaho Company Recalling Beef, Pork And Chicken A southwestern Idaho company is recalling 33,500 pounds of fully cooked meat and poultry products because of possible bacterial ... Migrants Could Qualify For Arizona Driver's Licenses Updated guidelines by federal authorities could possibly open the door for young illegal immigrants to get driver's licenses in Arizona. ... Nevada Woman Sues Online Dating Service Over Attack A Las Vegas woman is suing an online dating service for nearly $10 million, claiming it set her up with a man who brutally attacked her. In ... Lawyer: New Mexico Insurance Boss Suspended An attorney for the New Mexico's chief insurance regulator says his client has been given a 10-day unpaid suspension for missing a meeting ... Southern California Molest Victim Sues Boy Scouts Of America A man who was sexually abused by a Boy Scouts camp counselor more than a decade ago in San Diego County has sued the organization and his ... Report: Insurers Boost California Economy $29.4B Insurers directly contributed $29.4 billion to California's 2010 gross state product, or for 1.6 percent of the state's GSP, according to ... More West News International Algeria Attack Highlights Sahel Threats Says Willis Contingency Risk Head With the recent kidnap of foreign workers in Algeria dominating the headlines, Tim Holt, Head of Intelligence at Willis' Special ... Swiss Re Examines Impact of Sustainable Energy Sources on Climate Change Swiss Re said its latest report - Building a Sustainable Energy Future: Risks and Opportunities - "describes the impact of the changing ... EU Countries to Receive Go-ahead for Financial Transaction Tax Germany, France and nine other euro zone countries will get the go-ahead on Tuesday to push on with a financial transactions tax, a measure ... Generali's BSI lures Brazilian, Chinese bidders - Sources Say Brazilian-Swiss bank Safra and a Chinese bank are among the three bidders for Generali SpA's Swiss private bank, BSI, in a deal worth€ 2 ... More International News Join the Insurance Journal Network Insurance Journal TV Van Eeten Takes the Reins at Texas Surplus Lines Association Kathy Van Eeten, senior vice president, regional marketing for CRC | Crump, was installed... Watch Now Effects of Worldwide Economic Instability on American Companies Despite a slightly improved economy here in the U.S., the global economy is not out of the... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Real Housewives of Miami "star" suing insurance agent Posted: Tue Jan 22 -- Any time I see an agent being sued my ears perk up. Apparently her son was a passenger in the 'at fault vehicle'. I'm curious what kind of... plins multiple residential dwellings in LLC (GA) Posted: Tue Jan 22 -- Being on the personal lines side, we frequently run into resistance with our standard markets regarding the # of rentals someone owns and/or... plins Comp in Ca for a Farm code 0171 Posted: Fri Jan 18 -- Please provide class codes and if there is transportation, custom harvesting or "owner-grower-shipper" business exposure. Thanks Miguelito What is your biggest pain as an agent? Posted: Fri Jan 18 -- agreed. About 99% of all my accounts are on full pay, or EFT monthly. So I do not experience this type of service work. If a monthly direct... lonestar Credit Card Processing Posted: Fri Jan 18 -- We have been using The Square for almost a year. You only get charged a 2.75% IF you use it and you can take an American Express Card at the... tsorrels The New Small Insurance Agency Posted: Fri Jan 18 -- I'm glad you liked the article. I really do believe now is a great time to be an agent. I'm curious what others are experiencing. What are... SteveAnderson What is most fullfilling as an agent? Posted: Thu Jan 17 -- 1) Fulfilling client needs and solving clients problems. Offering "peace of mind". 2) Delivering on promises-ie Claim payments. 3) Getting... jtownagent Florida Mobile Home Insurance - Coastal Surplus Lines Posted: Tue Jan 15 -- Are you dealing with wholesale brokers? Neal Ecker Go to Forums Reader Comments What Employees Should Know About Healthcare Changes Ahead Posted: Thu Jan 17 -- "What Employees Should Know About Healthcare Changes Ahead" 1) Reduced coverage 2) Fewer doctors, longer waits 3) Higher premiums 4) Higher... wvagt Heavy-Duty Restricted Guns Legally Sold in Texas Posted: Wed Jan 16 -- "Any sane person would not try it," he said of potential attackers. Sane people are not the ones I'm concerned about. It's the insane... Captain Planet Utah Man Accused of Killing Officer Sues Insurer Posted: Tue Jan 15 -- "The shootout is considered an intentional act, Farmers spokesman Mark Toohey said, and claims resulting from such acts are not covered by... Always Amazed N.J. Gov. Criticizes Some Oceanfront Property Owners Who Reject Sand Dunes Posted: Wed Jan 16 -- Something does not make sense to me - if building a sand dune system will protect property, why not build it? I can't believe the dunes... jet Court: Oahu Golf Club To Pay Man $6M For Tee Tumble Posted: Tue Jan 15 -- What was he doing on the golf course at 11 o'clock at night? There are many injuries he could have sustained in the dark. Sounds like his... Baxtor Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue January 14, 2013 Contractors / Subcontractors; Employment Practices Liability Insurance; 2013 Insurance Agents & Brokers Meetings / Conventions Directory 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 Claims Examiner Production Marketing Representative - Commercial Lines Technology Claims Consultant Professional Liability Claims Examiner Have a job opening? List it on our Web site. 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