Daily Headlines: Thursday, June 13, 2013

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June 13, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Berkshire Hathaway's Eastwood Hiring Specialty Team to Vie with Ex-Employer AIG Peter Eastwood, who left American International Group Inc. with three other executives in April to start a new insurer at Warren Buffett's ... Berkshire Hathaway to Release More Data on Insurance Cat Losses Warren Buffett's Berkshire Hathaway Inc. is providing more data about claims costs at insurance units after the U.S. Securities and ... U.S. Charges 8 with Cybercrime Against Financial Institutions, Government Federal prosecutors in New Jersey on Wednesday unveiled criminal charges against eight people accused of trying to steal at least $15 ... 'Mayhem' Outspending 'Good Neighbor' in P/C Insurance Advertising: SNL Allstate's "Mayhem" trumped State Farm Mutual's the "Good Neighbor" in advertising dollars in 2012. According to an analysis by SNL ... Chemical Shippers Lose Court Bid to Derail Train Safety Technology Chemical shippers failed to show any business harm from a regulation requiring railroads to deploy new train-safety technology, a U.S. ... Hiscox Adds Crime, Data Breach, Privacy Options to PL Portfolio Hiscox has launched phase two of their Hiscox Professional Liability Portfolio, adding two additional coverage options to the existing ... ThinkRisk Launches Comprehensive Content, Data Security, Privacy Program Ryan Specialty Group's Think Risk has launched [in]TELLIGENCE  to address evolving and often overlooked operational exposures coming from ... Encompass Looks to PGA Sponsorship to Improve Brand Companies have for some time been diversifying, and sometimes curbing, their appetite for multimillion-dollar sports sponsorships, so an ... Insurers Cautiously Optimistic About Community Banks Carriers' confidence is slowly being restored in the community banking segment as bank failures dramatically decrease and fewer banks are... Property Insurance Market Eyes New Entrants--From China & Berkshire Industry executives speaking at an insurance conference this week discussed the potential market impact of the newest... More National News East Mass. DOI Proposes Regulation on Auto Glass Repair Steering; Hearing Scheduled The Massachusetts Division of Insurance said it will be holding a public hearing on June 28 regarding the proposed new regulation 211 CMR ... Database Provides Statistics on Maryland's Workers' Comp, Injury Attorneys Injury lawyers in Maryland now have what may be the legal profession's equivalent of a rap sheet. Byron B. Warnken has created a website ... FEMA: Federal Support for Rhode Island Sandy Recovery Exceeds $39M The Federal Emergency Management Agency said Tuesday that more than $39.4 million in support from four federal disaster relief programs is ... New Jersey Moves Ahead With Buyouts in Flood-Prone Areas State officials in New Jersey are moving forward with plans to buy flood-prone properties in the wake of Superstorm Sandy. Officials met ... Former Va. Insurance Agent Pleads Guilty to Fraud A former Charlottesville, Virginia, insurance agent has been sentenced to seven months behind bars for duping customers who believed they ... More East News Midwest Final Judgment for 32 Disabled Men in Iowa: $3.4M A judge in Iowa has entered final judgment of $3.4 million against a Texas company found to have mistreated 32 mentally disabled workers at ... Ohio Governor: Push Harder for Flood Control Funding Gov. John Kasich says members of the state's congressional delegation haven't pushed hard enough for federal money to help with flood ... Iowa Pharmacist 'Vehemently Denies' Fraud Charges An Iowa City pharmacist will contest federal criminal charges alleging that he improperly filed insurance claims for expensive drugs needed ... Wisconsin Insurance Leaders Detail Uncertainty of Exchanges It will be a tough task implementing the online health insurance marketplaces that are required of each state under the federal health care ... More Midwest News Southeast Alabama Officials Question Roadblock Surveys Alabama's governor and attorney general are reviewing weekend roadblocks in St. Clair and Bibb counties where motorists were asked for ... Republican Hill, Insurance Agent, Wins Florida House Seat Republican Mike Hill has defeated Democrat Jeremy Lau for the vacant state House District 2 seat. The Miami Herald reported that Hill ... More Southeast News South Central FEMA Denies Texas Aid to Rebuild Town After Fertilizer Blast The Federal Emergency Management Agency said it won't provide U.S. aid to help rebuild the town in Texas where an April fertilizer plant ... May Storms Damaged at Least 56 Oklahoma Schools Oklahoma's school superintendent says as many as 56 public school sites were damaged by violent storms and floods that ripped through the ... LWCC Adds Mayfield, Simon as Assistant VPs Louisiana Workers' Compensation Corporation (LWCC) has hired Sandra Mayfield as assistant vice president of Accounting and Charles Simon as ... More South Central News West Colorado Wildfire Destroys 92 Homes Sheriff's officials released a preliminary list Wednesday showing the Black Forest Fire northeast of Colorado Springs, Colo. has destroyed ... Judge Upholds $23M Award in California Bed Sore Death A Sacramento judge has upheld a $23 million jury award over the bed sore death of a woman at a Northern California assisted living ... Colorado Man Who Faked Driving Tests Gets Prison Sentence A federal judge has sentenced a man to 30 months in prison for falsifying driving tests to get driver's licenses for unqualified ... More West News International Bermuda Premier Says Won't Agree UK Territories Tax Deal before G8 Bermuda's premier is not ready to sign an international transparency convention that he said Britain's prime minister had planned to ... Aon Benfield's Impact Forecasting Releases Model for Recent German Floods Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has launched a scenario model for the recent ... Best Affirms RenaissanceRe; Top Layer Re Ratings; Outlooks Stable RenRe and Affiliates A.M. Best Co. has affirmed the financial strength rating (FSR) of 'A+' (Superior) and issuer credit ratings (ICR) of ... Engelen Joins Mitsui Sumitomo at Lloyd's for Marine Liability Growth Mitsui Sumitomo at Lloyd's has affirmed its commitment to grow its Marine Liability business with the appointment of Simon Engelen as Class ... Ratings: Heddington, Bosna Re, Arden Re, Syndicate 609, Asia Capital Re (notes) A.M. Best Co. has affirmed the financial strength rating of 'A' (Excellent) and issuer credit rating of "a+" of Bermuda-based Heddington ... More International News Sponsored Content Research Shows Customer Engagement Makes Major Impact on Insurance Consumers' Buying Decisions Richardson, TX, 6/13/13  - KBM Group, a marketing services company specializing in helping companies with customer engagement strategies, ... More Sponsored Content Insurance Journal Blogs The Myopia of Insurance Regulation Mary Williams Walsh of The New York Times' DealBook blog has an interesting post today on New York regulators' expansive investigation of ... More Blogs Join the Insurance Journal Network Insurance Journal TV Agency Pay - Is It Time for a Change? Jason Cass, chair of the Independent Agents & Brokers of America's Young Agents Committee, and... Watch Now The Good and the Bad: Healthcare Reform and Medical Liability The Patient's Protection and Affordable Care Act (ACA) has very little to do with the medical... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums GL for operation renting out Zorbs? Posted: Thu Jun 13 -- You should check these guys out ... KHoney Start up cost for a new agent Posted: Wed Jun 12 -- thanks, thats exactly what i am doing as we speak ( a business plan) so far I've been able to gather a lot of information. the only thing... manny79 Ohio Looking for a market, 8 Trucks pulling RVs Posted: Wed Jun 12 -- Hello, I have an account that I am trying to place. The company hires owner operators to haul RVs from Ohio to Canada. They have hired 8... DIG2013 Course of Construction for non licensed contractor Posted: Tue Jun 11 -- This might be out of left field... But it could work. What if the owner/builder hires a GC to come in and supervise the builder/project,... californiadude Workers Comp (Ca) Auto Repair with large loss Posted: Tue Jun 11 -- Hi Paul, I think this one is probably best with SCIF for now. Unfortunately it's the triple whammy of non-renewal, large loss, and newer... californiadude Garagekeepers Coverage - Florida Account Posted: Tue Jun 11 -- Unfortunately, no one wins in this situation. My advice is to stay away from Legal Liability when writing GKL. Direct Primary is the way to... californiadude CPCU Question and advice Posted: Tue Jun 11 -- Hi - I have a couple of questions that I have been mulling over for a while and thought I would 'put it out there' to get some advice. I am... Beaker insurance metal homes Posted: Fri Jun 7 -- Retired1- The company I work for find these homes ineligible due to the inability of determining a proper reconstruction cost (estimators... Companyman How to obtain release of liablity Posted: Wed Jun 5 -- What a great question for a family law attorney! People who seek legal advice from an open internet forum generally get what they pay for.... d's insurance store Go to Forums Reader Comments Motorcycle Injuries Rise After Helmet Laws Weakened: Study Posted: Thu Jun 6 -- Bob, The more I read your comments the more disturbed I become at how much you genuinely dislike women. And you claim to be a human. Shame... Nebraskan Florida Governor Vetoes Immigrant Driver License Bill Posted: Mon Jun 10 -- Captain, just because Obama has not been tied to any of these scandals directly, you have to be an idiot to think he is really that... draetish Fracking Companies Silence Water Complaints With Sealed Settlements Posted: Mon Jun 10 -- Well James, most likely he doesn't move because who would buy a house with that outside? Same reason home values plunge when fracking moves... Tristan Hands-Free Voice Messaging Behind Wheel More Dangerous Than Phoning: Study Posted: Wed Jun 12 -- Gee........ya think? Until ALL cell phone usage is banned while the car is moving, this will simply worsen. Driving while texting/talking... Scott Senate Passes Crop Insurance Bill; House Fight Over Food Stamps Next Posted: Tue Jun 11 -- Really - $8,000 a month?? There isn't a state in the country that will give a family of 4 $8000 a month in food stamps. $800 a month maybe... 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