Daily Headlines: Thursday, August 29, 2013

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August 29, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Lloyd's Internal Probe Said to Be Focus of New York's Iran Sanctions Inquiry A New York regulatory investigation of Lloyd's of London for possible violations of Iran sanctions law has led to a government request for ... Blackstone Settles IPO Disclosure Lawsuit for $85 Million Blackstone Group LP reached an $85 million settlement with investors over claims it made misrepresentations about its initial public ... Cochrane & Company Combines Property, GL Coverage for Shooting Sports Program Cochrane & Company has combined general liability and property insurance for its ARMS program for the shooting sports industry, which ... Ironshore Specialty Launches Simplified Excess Liability Policy Form Ironshore Inc.'s Specialty Casualty unit has introduced a new policy form for excess liability risks to provide a more concise coverage ... Cyber Alert: Syria, Aided by Iran, Could Retaliate Against More U.S. Companies If the United States attacks Syria, it will be the first time it strikes a country that is capable of waging retaliatory cyberspace attacks ... How Agents, Brokers Can Help Themselves, Clients with Healthcare Reform The Affordable Care Act (ACA) has accelerated change and confusion in the health insurance marketplace and businesses and individuals are... Future Profit Projections: Moody's Analysis of Commercial Combined Ratios Given the current level of commercial insurance price increases, which are outpacing loss ratio trends, analysts at... More National News East Vermont Gov. Shumlin Issues Final Tropical Storm Irene Report Vermont Gov. Peter Shumlin released the state's Tropical Storm Irene recovery status report during a press conference on Wednesday marking ... New York's Highest Court to Hear Appeals in Fracking Cases New York's highest court will hear appeals in cases related to anti-fracking laws passed in two towns that were upheld by lower courts. The ... William Gallagher Associates Appoints VP of Human Resources in Boston William Gallagher Associates, a Boston-based brokerage and risk management services provider, appointed Kim Brennan as vice president of ... Insurance Society of Philadelphia Names New President The Insurance Society of Philadelphia recently announced the appointment of Russell Shaner as its new president.With 35 years of experience ... Gov. Christie Defends N.J. Tourism Advertisements New Jersey Gov. Chris Christie is defending tourism ads the state is running in the aftermath of Superstorm Sandy. During a Tuesday morning ... More East News Midwest Kansas AG's Office Says New Roofer Law Requires Outreach The state attorney general's office plans to do more outreach before pursuing fines under a new Kansas law aimed at cutting down on roofing ... Confusing Crop Insurance Rule Clarified for Midwest States Farmers say they're pleased with efforts by the federal Risk Management Agency to clarify rules for prevented planting insurance in five ... Wisconsin Law Lets Motorcyclists Ignore Some Red Lights When John Glass of West Allis, Wis., rides his motorcycle, he carries a copy of the state statute that allows motorcyclists to drive ... More Midwest News Southeast 7 Charged With Filing False Gulf Oil Spill Claims Federal prosecutors are charging seven people with mail fraud and false claims related to the BP oil spill. U.S. Attorney Pamela Marsh said ... West Virginia Says Resort Owner's Illegal Dam Is Flood Hazard Billionaire coal company and resort owner Jim Justice is in a war of words with the West Virginia Department of Environmental Protection ... Tennessee's Jamieson & Fisher Joins Keystone Insurers Group Keystone Insurers Group said Covington, Tenn.-based agency Jamieson & Fisher Inc. has become its 21st franchise partner in the state. The ... Lockton Adds 5 Associates in Charlotte Office Insurance broker Lockton's Charlotte, N.C.  office has hired five new associates with property/casualty insurance experience and employee ... More Southeast News South Central Arkansas Researchers: Hill Climbing Tornadoes More Dangerous New research from the University of Arkansas finds that tornadoes cause greater damage when traveling uphill - and that the twisters tend ... INSURICA Announces Flurry of Acquisition Activity Oklahoma City-based INSURICA Insurance Management Network announced the acquisition of five insurance agencies since December 2012. The ... Arkansas Homeowners Settle Suit Charging Fracking Wastewater Caused Quakes Five Arkansas residents who sued two oil companies claiming wastewater disposal wells from fracking caused earthquakes that damaged their ... More South Central News West California Fire Prompts Unhealthy Air Warnings in Nevada The giant wildfire burning at the edge of Yosemite National Park has not only destroyed buildings and threatened water supplies, ... Farmers Names Weinstein General Counsel in California Los Angeles, Calif.-based Farmers Insurance named Steven Weinstein general counsel. Weinstein is the former chairman of the Barger & ... More West News International Zurich Group Chairman Resigns After CFO's Suicide Zurich Insurance Group AG Chairman Josef Ackermann resigned after the company's finance chief died in a suspected suicide. "The unexpected ... Ping An Insurance Profit Rises on Investments, Banking Income Ping An Insurance (Group) Co., China's second-largest insurer, said first-half profit rose 28.3 percent as investment income expanded and ... TD Bank Profit Falls 10% on Weather Insurance Costs Toronto-Dominion Bank's quarterly profit fell 10 percent as Canada's No. 2 lender took C$418 million in insurance-related charges, but the ... More International News Insurance Journal Blogs Burand's Agency E&O Blog: Tip #42 Policies Subject to Audit. Audits are one of the few E&O exposures agencies have that do not involve a claim. A good method for protecting ... 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 Med Pay on a Horse Trailer? Posted: Thu Aug 29 -- Quoting an account that has commercial auto. They are not a horse risk, but they have a horse trailer on the policy. The client questioned... ishootfriendlies 1st Year as a Producer Stories Posted: Thu Aug 29 -- Haha love the experience. It amazes me what some insurance agents go through... ABMCalifornia Parachute Rigger Insurance Posted: Wed Aug 28 -- Can anyone do a GL with 1MM/2MM/2MM? Revenue is 50K. Sarkis Kaladzhyan 818-906-7900 InsureTime SEO and buying back links Posted: Tue Aug 27 -- I wouldn't recommend for anyone to buy links. The best way to optimize is naturally. What would the normal website... ABMCalifornia 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 Go to Forums Reader Comments Will Young Adults Sign Onto Obamacare? Posted: Fri Aug 23 -- I'm curious to know what healthcare insurance "cost estimates" were used in this study...? In other words, exactly how much constituted "too... David Orban Jury Finds GEICO Must Cover Driver in Fatal Vermont Crash Posted: Fri Aug 23 -- Got 15 minutues? Must have saved 15%. BIG D Drivers Over Age 55 Far More Likely to Die in Job Accidents Than Younger Posted: Thu Aug 22 -- Dave, I don't quite believe this story completely. As a veteran P&C agent who has insured businesses for many years, we have seen far more... Agent Cities, States with Best Drivers: Allstate Posted: Tue Aug 27 -- Perhaps the great drivers of Washington DC are spending too much time texting on their free Obama phones to pay attention to driving. Agent People Just Aren't Afraid of Climate Change Yet: Sunstein Posted: Wed Aug 28 -- Why is this crap being peddled here? I moved to Insurance Journal to get away from the editor at National Underwriter. He also peddled... jared Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue August 19, 2013 101 Sales, Marketing & Agency Management Ideas; Corporate Profiles - National Edition; Exclusive Annual Issue Sponsor Download Opportunity 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 Tax Manager Vice President of Marketing Business Development Manager Licensed, Experienced Health/Life CSR Have a job opening? List it on our Web site. How to Advertise For information about advertising on this newsletter and Insurance Journal magazines, contact Julie Tinney at (800) 897-9965 x148. 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