Daily Headlines: Friday, August 23, 2013

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August 23, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Questionable Software Patents Main Reason for Rise in Lawsuits: GAO Software patents are the biggest reason behind a rise in litigation over inventions, especially against companies that use the technology, ... BP Oil Spill Claims Deadline Likely to Be Extended The April 2014 deadline for compensation claims against BP over its U.S. oil spill is almost certain to be extended, say both side of the ... Will Young Adults Sign Onto Obamacare? If uninsured young Americans shun the new health plans offered under President Barack Obama's healthcare reform law, it will be because the ... QBE North America to Launch D&O Line, Names Grange As Leader Jeffrey S. Grange has been appointed head of Management Liability and Professional Lines for QBE North America, which plans to launch a ... Coventry Risk Specialty Launches Pay-As-You Build Construction Program Coventry Risk Specialty, an MGA focused on the construction industry, has launched a new Builders Reporting Policy (BRP) product for the ... IBHS Updates Report on Hurricane-Prone States' Building Codes Among coastal hurricane-prone states, North Carolina and Louisiana have weakened their building codes since 2012, while five states have ... Tight Public Entity Budgets Face Rising Rates, Data Security Costs Public entities nationwide are seeing a slight improvement in their budgets as the housing market and economy start to pick up, but rising... Meadowbrook Says Class Action Without Merit Acknowledging that class actions are often launched against public companies that experience stock drops, Meadowbrook... More National News East New York Workers' Compensation Board to Begin Business Process Re-Engineering Project The New York State Workers' Compensation Board said it is beginning a broad-based business process re-engineering project (BPR) designed to ... AssuredPartners Acquires Employee Benefit Advisory Firm AxisPointe in N.J. Lake Mary, Fla.-based AssuredPartners Inc., through its subsidiary Herbert L. Jamison & Co., completed the acquisition of AxisPointe Inc., ... Jury Finds GEICO Must Cover Driver in Fatal Vermont Crash A jury says an insurance company must honor the policy of a Vermont man who was convicted of murder in a drunken driving crash that killed ... Mass.-Based PMC Insurance Names Director for Staffing Services Practice PMC Insurance Group, a Needham, Mass.-based workers' compensation wholesale broker, hired Bill Nagel to manage and lead PMC's recently ... New Hampshire Court Outlines Drunk Defense in Workers' Comp Claims The New Hampshire Supreme Court has ruled that intoxication must be determined to be the cause of an accident for it to be a defense ... More East News Midwest More than $10M Returned to Missouri Consumers in First Half 2013 Consumers who filed complaints with the Missouri Department of Insurance received $10.1 million in additional claim payments from their ... Minnesota Man Loses License for Slow Driving The Minnesota Court of Appeals won't return the driver's license of a man who lost it for driving too slowly on state highways. ... Ohio Safety Instructor Had Earlier Shooting Mishap A central Ohio woman says a certified gun safety class instructor accused of accidentally shooting a student in the arm during a ... Iowa City Negotiating With Insurer over Landfill Fire Iowa City officials are negotiating with an insurer about a disputed claim arising from last year's landfill fire. The Iowa City ... More Midwest News Southeast Mississippi Officials Seek Ways to Stem Flood Insurance Rate Hikes Calling pending flood insurance increases "drastic and draconian," U.S. Rep. Steven Palazzo of Gulfport met Wednesday with state and local ... Floridians 'in Denial' About Storm Dangers: FEMA Chief Fugate The emergency management chief for the United States is warning that Floridians are in "denial" about the threat posed by hurricanes. Craig ... Florida's Citizens Insurance Signs $45M Contract with Bolt for Clearinghouse Florida's state-backed property insurer has tapped a Connecticut-based firm to operate a new clearinghouse where new and renewal ... West Virginia Coal Contractor Charged in Workers' Comp Scheme A southern West Virginia coal company contractor has been charged with conspiring to defraud the federal government. Aracoma Contracting ... More Southeast News South Central Texas Windstorm Insurer Offers Underwriting Basics Online Workshop The Texas Windstorm Insurance Association (TWIA) announced it is now offering its Texas Windstorm Insurance Association Underwriting Basics ... Terrebonne Parish President Urges Out-of-State Calls on Flood Insurance A south Louisiana parish president is calling on residents to contact out-of-state relatives and friends to enlist help in the fight ... Insured Losses from Amarillo Hailstorm Climb to $500M A massive hailstorm that moved through the Amarillo, Texas, area on May 28 has resulted in $500 million in insured losses to the panhandle ... Insurance Industry Plans 8th Annual Tour of Texas Coast For the eighth year in a row insurance spokesmen will team with the Texas Department of Insurance and meteorologists from the National ... More South Central News West Disaster Assistance Available To Montana County Farmers in Gallatin County, Mont. are eligible for federal disaster assistance after an Aug. 1 hailstorm caused up to $50 million in crop ... Driver's Licenses For Immigrants Declining In New Mexico As more states prepare to offer driving privileges to immigrants who illegally entered the U.S., heavily Hispanic New Mexico appears headed ... Poms Adds Northern California Office Poms & Associates Insurance Brokers Inc. has added a new branch in Sacramento. Cara Rhyner will be branch manager and oversee the hiring of ... Colorado's Pinnacol Names Scott Associate Vice President Pinnacol Assurance, a large workers' compensation insurance provider in Colorado, named Jon Scott associate vice president of agency and ... Poms Names Fuduli Vice President in California Woodland Hills, Calif.-based Poms & Associates Insurance Brokers Inc. named Robin Fuduli senior vice president and director of marketing. ... More West News International Malaysia Legislates Jail for Shariah Scholars Over Insurer, Bank Breaches The Malaysian law that exposes Shariah scholars to jail terms for rule breaches will ensure tighter compliance, in a market where the ... Brazil Insurer Continues Outperforming After World's Largest IPO BB Seguridade SA, the Brazilian insurer that held the world's largest initial public offering this year, is outperforming every other IPO ... Canada Weighs Mandating Minimum Insurance for Railways Canada should force railways to take out enough insurance to ensure they can cover damage caused by major incidents, the Canadian Senate ... More International News Insurance Journal Blogs North Carolina Consumers Confronted with 'Consent to Rate' WFMY-TV in Greensboro, N.C. reports on a common problem facing North Carolina consumers: the arrival of letters from one's home or auto ... More Blogs Join the Insurance Journal Network Insurance Journal TV Opportunity in ACA Reprieve Shawn P. Pynes, a principal with Barney & Barney LLC in San Diego, sees the temporary reprieve... Watch Now From 3D Printing to Driverless Cars: Emerging Risks on the Horizon New technology is happening all the time, and with that comes new risks, says Graeme Newman,... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Need assistance for job advice please Posted: Thu Aug 22 -- Hello everyone. I'll be brief and to the point. I have been trying to obtain employment as a claims adjuster after... ABMCalifornia Insurance agencies for sale ? Posted: Wed Aug 21 -- I'm currently looking to buy an insurance agency, I don't mind dealing with sales... CoJones Feedback - Good, Bad, Ugly on the following Aggregators/GAs Posted: Tue Aug 20 -- I looked extensively into many of these a few years ago. They all have their place and are right for the right agent. My advice is to look... ILguyonown What is your biggest pain as an agent? Posted: Mon Aug 19 -- Think about getting a stand up desk. Just google "stand up desk". There are many options. jtownagent CPCU - Advice Posted: Tue Aug 13 -- Those programs to complete both your CPCU and a bachelor's are exactly what a lot of us in this field need. To this point: Joel, your story... BWilliams2 Need comp in ca code 5474 painting Posted: Mon Aug 12 -- 100000 in payroll. 'insured was with Ullico and they went insolvent so insured has had a lapse since 6/30/ 2013.... ABMCalifornia Hotels in Ca Posted: Sun Aug 11 -- I need coverage for a hotel BOP in Crestline Ca 92325. Farmers getting off risk due to location. Thanks... ABMCalifornia Met Life Retirement Insurance Posted: Sun Aug 11 -- Thanks for taking the time to voice your experience. I've heard plenty of horror stories from clients myself. ABMCalifornia Why I believe in insurance agents Posted: Sat Aug 10 -- Is a cartoon gecko or a comedian in a white dress and bright red lipstick really the best our industry can do... ABMCalifornia Go to Forums Reader Comments Flooded Colorado Businesses Struggle Without Insurance Posted: Fri Aug 16 -- Of course lets give them government grants. We're loaded. If you can't afford to run a business, then I guess you shouldn't own a business.... Baxtor Salvation Army to Be Named in Philadelphia Building Collapse Lawsuits Posted: Fri Aug 16 -- That's disgusting. I hope it gets thrown out. Libby U.S. Asks Court to Block Bernanke Testimony in Greenberg's AIG Lawsuit Posted: Wed Aug 21 -- What makes a government official so precious that they cannot stand on trial? Aren't they servants of the American People? And if he cannot... Baxtor Idaho Man Sues Experian, Says Credit Report Wrong Posted: Mon Aug 19 -- It's doubtful that Experian or those who use their data really care how are lives are impacted by their attitude. Most of the underwriters... Huh! More Justice Department Cases Over Financial Crisis On the Way: AG Holder Posted: Wed Aug 21 -- A few days ago this was posted, "Bernanke cannot be forced to sit for a deposition because high-ranking U.S. government officials are... 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