Daily Headlines: Monday, August 12, 2013

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August 12, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Blue Cross 'Stores' Offering Uninsureds Information on Obamacare Changes, Options Just down from the Target and Gander Mountain big-box stores and between a nail salon and dental office in Morrisville, North Carolina's ... Railroads Win Class Certification Appeal in Shippers' Price Fixing Case The four largest U.S. railroad companies won their bid to reverse a ruling that turned a price- fixing lawsuit against them by shippers ... Downgraded Meadowbrook Delays Filing to Review Goodwill Impairment Meadowbrook Insurance Group Inc., the insurer whose rating was cut by A.M. Best Co. last week, delayed filing a quarterly report to the ... Property Losses Rose for U.S. Captives in 2012: A.M. Best Captive insurance companies tightened margins and used capital more efficiently in 2012, according to research by ratings firm A.M. Best ... Insurers Continue to Improve Their Home Valuations, Says MSB The insurance industry is doing a better job adequately valuing residential construction, according to Marshall & Swift/Boeckh (MSB), a ... Teen Golfers from Kansas, Georgia Win Big 'I' National Championship Bailey Tardy of Norcross, Ga. and Sam Stevens of Wichita, Kan., won the girls and boys divisions, respectively, at the recent 45nd Annual ... 60% of Direct Buyers Eventually Return to Independent Agents: Study Most customers who are lured away from independent agents by direct insurers promising lower prices will ultimately return to an independent... Tower Group, Meadowbrook Filing Delays Prompt Shareholder Investigations After two property/casualty insurers--Tower Group International Ltd. and Meadowbrook Insurance Group--said they would... More National News East North American Insurance Alliance Appoints VP, Expands in Vermont North American Insurance Alliance, an agency aggregator group based in Maine, appointed Debora Hillier as vice president of business ... N.Y. to Deploy More Troopers, Unmarked Patrol Cars This Week to Target Speeders New York Gov. Andrew Cuomo on Aug. 11 announced a week-long New York State Police enforcement initiative that will target speeding and ... N.Y. Building Co-Owner Gets Prison in Arson, Ordered to Pay Restitution to Insurer A federal judge has sentenced a 55-year-old central New York man to more than 18 years in prison for his role in the arson of a factory ... Judge Orders Settlements in D.C. Metrorail Crash Unsealed A federal judge has ordered the unsealing of settlement agreements involving a deadly Metrorail crash. U.S. District Judge Reggie Walton ... Flood-Prone New Jersey Town Looks to Raise Entire Downtown Along the New Jersey Bayshore, people often say they live on either the ``wet" or the ``dry" side of Route 36. The distinction was ... Indictment: Man Made False Sandy Insurance Claim A central New Jersey man who claimed his barn was destroyed by Superstorm Sandy has been indicted on insurance fraud charges. ... More East News Midwest Wisconsin Supreme Court Narrows Definition of 'Occurrence' Public policy and insurance law allow insurance coverage only for fortuitous events and not for harm or loss resulting from intentional ... Combined Insurance Survey Reveals Top Job Differentiators for New Agents A survey by Illinois-based Combined Insurance of more than 400 of its new sales agents reveals that sales training and career advancement ... Data Shows Decline in Boat Thefts in Ohio Authorities say recently released statistics show boat thefts in Ohio continued to decline last year. Data compiled by the nonprofit ... More Midwest News Southeast Florida Regulator McCarty Answers CFO Over Reinsurance Costs Florida's insurance regulator, in response to questions why lower reinsurance costs have not translated into reduced homeowners rates, said ... Georgia Supreme Court Expands Coverage for Faulty Construction Georgia's high court has handed contractors and their clients a victory by expanding the scope of a contractor's general liability policy ... Judge Dismisses Kmart Flood Damage Claim Against Mississippi City A federal judge Friday dismissed Kmart's claims against the city of Corinth over flood damage to one of the chain's stores in 2010. U.S. ... Tennessee's Heavy Rains Tested Lessons from 2010 Flood Unusually heavy summer rainfalls in Tennessee have given the agencies involved in flood control and emergency management a chance to show ... More Southeast News South Central Oklahoma Lawmakers Want Special Session on Business Legal Liability Spokesmen for the leaders of Oklahoma's House and Senate said the lawmakers want the governor to call a special session "sooner rather than ... Texas Automobile Insurance Plan Association Rates to Rise Rates charged for private passenger automobile insurance provided through the Texas Automobile Insurance Plan Association (TAIPA) will ... WCRI Welcomes Former CEO of Arkansas Workers' Comp Commission Workers Compensation Research Institute (WCRI) announced that the former CEO of the Arkansas Workers' Compensation Commission, Alan ... More South Central News West California Faces Longer, Tough Wildfire Season California truly is the Golden State this summer - golden brown - and that has fire officials worried heading into the peak of the wildfire ... Ruling Allows Hawaii Dam Break Lawsuits Against Insurers To Advance A state appeals court ruling has cleared the way for stalled lawsuits involving a deadly 2006 Kauai dam breach to move forward. The state ... Scientists Study Debris Flows After Arizona Fire, Federal Aid Denied Scientists are studying the potential for debris flows in the area of the Yarnell Hill Fire that burned through rugged terrain last month ... Justices: Washington Cities Can Be Liable In DUI Crash Washington's Supreme Court says cities, counties and utility companies can be liable when faulty road design leads to injuries in car ... Southern California Wildfire Pushes East, Forces Evacuations A California wildfire that doubled in size overnight torched 15 buildings east of Los Angeles, injured at least five people and forced the ... More West News International Cat Bonds, Side Cars Keeping Reinsurance Rates Low Says Guy Carpenter Guy Carpenter & Co. has issued a report, which concludes that "reinsurance market rates on line (ROLs) continued to be driven by an influx ... Asiana Offers San Francisco Crash Victims $10,000 Payout Asiana Airlines Inc., the South Korean carrier that suffered a fatal jet crash in San Francisco last month, plans to pay an initial ... Best Affirms Generali, Main Subs Ratings; Outlook Remains Negative A.M. Best Europe - Rating Services Limited has affirmed the financial strength rating of 'A' (Excellent) and issuer credit ratings (ICR) of ... ACE Promotes Salmon, Germano for European Casualty The ACE Group today announced the promotion of Jerome Salmon to the position of Regional Casualty Manager, Continental Europe. He will have ... More International News Sponsored Content The BIG Independent Group Announces Initial Meeting and Minivention Rancho Cucamonga, CA, 08/12/13 - The BIG Independent Group announced the formation of its flagship chapter serving the insurance ... More Sponsored Content 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 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 Canadian Auto ID Cards Posted: Wed Aug 7 -- Our lead insurance company supplies them to us. gforaker comp in ca for unarmed security firm Posted: Tue Aug 6 -- I can't speak for CA but I have written alot of this business. Allrisks has a program through Everest and they have written startups for me.... Halpert Student Habitional Indiana Markets needed Posted: Thu Aug 1 -- I have an admitted market that will write them up to $30 mil per location and package it with the GL. Give me a call to discuss. Aaron R.... aasquith Which form to write D&O coverage on- opinion needed Posted: Thu Aug 1 -- Thank you Bill. Good advice. ALS Need comp in ca code 5474 painting Posted: Tue Jul 30 -- Have you tried Arrowhead General? californiadude Go to Forums Reader Comments Obamacare Bets on Election-Like Data Wizardry, Young Adults to Beat Partisan Opposition Posted: Tue Aug 6 -- Since PRIVATE carriers are insuring these people, I am sure they will follow risk management, statistical analyses on cost drivers, and... Libby Progressive Finds 40% of Drivers Say 'No Way' to Driver Tracking Product Posted: Fri Aug 9 -- The CEO's comments show that he has already had too much of his own Kool Aid (the comment about intellectually not understanding why there... youngin' Downgraded Meadowbrook Signs Deal with State National for 'A'- Rated Policies Posted: Thu Aug 8 -- I'm very sorry your wife and the staff have been treated this way by the president of Century. The first thing they should do is level with... Jack D North Dakota Man Suing Insurance Company Over Potato Case Posted: Mon Aug 5 -- You say "po-tay-to" and I say "po-tah-to" I say "I'll sue you" and you say "I'll see you" "po-tay-to". "po-tah-to". "I'll sue you". "I'll... reality bites Politics Driving Obamacare Premium Debate Posted: Thu Aug 8 -- Like how they want to control women's bodies? Like the way they want to continue wasting billions of our tax dollars on controlling what a... 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