Thursday, September 19, 2013

Daily Headlines: Thursday, September 19, 2013

Sponsored by: NSM Insurance Group. Commercial Auto: Cement Mixers, Contractors, Dump Trucks, Garbage and more! In-House Underwriting... A Rated Carrier. Click here for more information.
Insurance Journal Daily Headlines
September 19, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Brokers Urge Renewal of 'Essential' Federal Terrorism Insurance

The federal Terrorism Risk Insurance Act (TRIA) is a "model" for public-private cooperation and should be renewed, insurance broker Marsh ...

Employers Making Benefit Changes Under Cover of Obamacare

Barack Obama wanted to change American health-care as we know it. And he is, in ways that go far beyond the goals of the Affordable Care ...

MetLife Says Regulators May Miss Key Insurer Risks with Focus on Bank Rules

Federal regulators may miss important threats to the financial stability of U.S. insurers by focusing on bank risks, MetLife Inc. Chief ...

Obama Administration Offers Healthcare Law Security Measures

The Obama administration will announce measures to reassure Americans about the privacy and security of the information they submit when ...

Aon's Case to be Honored by City of Hope

City of Hope's Spirit of Life Gala on Oct. 26 is honoring Greg Case, president and chief executive office or Aon plc. The annual charity ...

Best Affirms Donegal Insurance Group Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength ratings (FSR) of 'A' (Excellent) and issuer credit ratings (ICR) of "a" of the ...

Allied World Launches Admitted Lawyers Professional Liability Product

Allied World U.S. has launched a new admitted lawyers professional liability product: Allied World LPL Assure. LPL Assure includes ...

Webinar: Lessons to be Learned from Colorado Flood, D.C. Shootings

Drawing off the massive flooding in Colorado and Naval shipyard shootings in Washington, D.C., the second in a series of webinars being put ...

From MyNewMarkets.com Product Recall Capacity Needed for Life Sciences Segment

The life sciences industry has seen a dramatic increase in product recalls, and while insurance capacity for the life sciences industry in...
Carrier Management

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...
Sponsored by: Carrier Management. Critical Information for P/C Execs and Directors. A special thanks to our sponsor TransUnion. Click here for more information.
East

N.Y. Proposes Sweeping Rules to Reform 'Force-Placed' Insurance Business

New York State officials today proposed a comprehensive set of rules to reform the "force-placed" -- also known as "lender-placed" or ...

N.J. Seaside Fire Investigators Warn Similar Danger Could Be Lurking Elsewhere

Superstorm Sandy still isn't done with the Jersey shore -- investigators are blaming the storm for damaging electrical wiring that touched ...

FEMA Praises New Jersey for Smooth Work after Sandy

A new federal report finds New Jersey's state government cleared the way for the Federal Emergency Management Agency to get to work quickly ...

Vermont Employers Wrestle With Health Insurance Change

Many Vermont employers are struggling with the decision whether to continue their workers on health insurance or allow them to buy it ...

Massachusetts High Court Affirms $20.6M Award in Slide Death

The highest court in Massachusetts upheld a $20.6 million jury award on Sept. 13 for the family of a woman who died after hitting her head ...
Coverage Triggers: Occurrence vs. Claims Made Liability Coverage - Academy of Insurance is hosting this 1-hour live webinar Thursday, Sept 26 - register today to save your spot
Midwest

Michigan Secretary of State Launches Anti-Fraud Task Force

With the aim of battling auto insurance fraud, Michigan Secretary of State Ruth Johnson has launched an anti-fraud task force - Fighting ...

Ohio Insurance Marketing Firm Fined, Told to Stop Operating in Kansas

Kansas Commissioner of Insurance Sandy Praeger announced fines totaling $9,000 and a cease and desist order against an Ohio-licensed ...

Doe Run Settles Lead Liability Cases in Missouri

Just days after it won a stronger legal shield from Missouri lawmakers, The Doe Run Lead Co. has settled several lawsuits alleging children ...
Southeast

Florida Says Former Allstate Employee Diverted Claims Payments

Yarden Lee Bracero, 39, a former Allstate employee in Jacksonville has been convicted of diverting insurance claims payments for her own ...

Georgia County Cuts Back on Accident Investigations

Georgia's Richmond County Sheriff's Department will no longer respond to most traffic accidents on private property, including parking ...

Ascension Acquires North Carolina Transportation Broker Transure

Ascension Insurance Inc. has acquired transportation and trucking specialist Transure Services Inc., located in Whitsett, North Carolina. ...
South Central

Gas in Assumption Aquifer Thought to Be from Sinkhole

A state seismic expert has found two likely existing "deep" sources continuing to feed methane gas under the Bayou Corne and Grand Bayou ...

Oklahoma Officials Say Hepatitis C Was Spread at Dental Clinic

A Tulsa-area dentist whose practice was shut down because his equipment was rusty and his employees reused needles was responsible for the ...

Concerns Raised in Louisiana about Navigating Health Exchange

State lawmakers said they are concerned about a shortage of people helping Louisiana residents sign up for new insurance options available ...
Sponsored by: Texas Mutual Insurance Company. Texas Mutual bends over backwards, not just for their insureds, but for their agents. Click here for more information.
West

Signs Going Up For More 80 Mph Zones In Utah

Get ready to rev your engine if you're driving on rural Utah interstates: Signs are going up this week increasing the speed limit on many ...

Anti-Drunken Driving Campaign Launches in Wyoming

A new statewide advertising campaign against drunken driving takes aim at the culture of drinking and driving in Wyoming by centering on an ...

In Flood-Struck Colorado, Concerns About Fracking Spills

Contaminated water spilling from flooded oil and gas drilling sites in Colorado is refocusing attention on the environmental risks ...
International

Mexico Storms Leave 80 Dead as New Hurricane Heads for Coast

Hurricane Manuel formed off of Mexico's Pacific coast, promising to bring new flooding as the nation struggles to clean up after two storms ...

EU Ready for Talks with China on Possible Free Trade Pact

European Union countries will agree next month to talks with China on a pact making it easier to do business, possibly paving the way for a ...

UK Regulator Investigates 2 Life Insurers over Banned Sales Commissions

Britain's financial regulator is investigating whether two life insurance companies breached new rules that ban the offering of commissions ...
Homeowners and auto packages - segments in the insurance industry from Academy of Insurance


Join the Insurance Journal Network

Twitter Facebook LinkedIn


Insurance Journal TV

Video thumbnail

Swiss Re's Chief Economist Sees GDP Growth

Swiss Re's chief economist Kurt Karl sees some light at the end of the tunnel for the world's...
Video thumbnail

California Assemblyman Mixes Insurance and Politics

Assemblyman Ken Cooley, D-Rancho Cordova, started his insurance career in the 1970s working on...

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

California Work Comp Class Code detail
Posted: Thu Sep 19 -- From one of the carriers: 9008: Janitorial Services - By Contractors 9009: Building Operation - Commercial Properties - All Other... wariline
Parachute Rigger Insurance
Posted: Wed Sep 18 -- These class should be no problem as long as the insured is also warehousing fireworks and asbestos. yoyowordup
Will Insurance Co pay existing claim after cancelling?
Posted: Wed Sep 18 -- I don't usually make the effort to pile on, but in this case I just can't resist. So, Itchibahn, for the past decade, you've presumably... d's insurance store
Selling Non-Standard P&C Book of Business & Agency Texas
Posted: Wed Sep 18 -- You might want to contact an expert in the field of agency valuation... waves101
Markets for HOA's
Posted: Wed Sep 18 -- I haven't seen CIG through any wholesalers. We have a direct appointment. We place our condo buildings with... ABMCalifornia
Advice needed from seasoned producers
Posted: Tue Sep 17 -- First you get the money then you get the power. Couldn't help the Scarface quote, but it is revelant. If you want to be a salesman, go with... NYagent301
Non-for-profit Volunteer Coverge
Posted: Tue Sep 17 -- I think that if a person is a volunteer, they are clearly volunteering their time. Additionally, they are also volunteering their... Producer #1
Niche Market
Posted: Tue Sep 17 -- I'm commerical lines producer looking into selling to Niche Market's. I was thinking about gas stations? Dose any know the average premuim... CoJones
Certificates of Insurance ???
Posted: Mon Sep 16 -- If you endorse a policy, you must send a copy of the endorsement to the insured. You are getting paid a commission to handle the insured's... earlybird

Reader Comments

Houston Insurance Agent Sentenced to 10 Years in Prison
Posted: Fri Sep 13 -- 10 years for causing about $500,000 in economic damages? What I say next is not meant to minimize the severity of his crime nor the need for... UW
Obama Administration Bashes Florida for Blocking Health Insurance Navigators
Posted: Fri Sep 13 -- Kevin L, Not at all what I'm saying. But, what happened to the days when a CEO made 30 times that of his/her assistant? I'll tell you what... Captain Planet
Ex-Republican Crist Expected to Run For Governor in Florida as Democrat
Posted: Tue Sep 17 -- Charlie is a man of principle. He was a Republican. Then an independent's independent, then an independent who would caucus with the... Hillsborough Agent
Vermont Court to Reconsider Case of Borrowed Keys in Fatal Car Crash
Posted: Mon Sep 16 -- I hope I read it correctly- the deceased man is the barred driver who had no permission? At least he didn't take anyone else with him. insurance mom
Mississippi Having Trouble Spending Katrina Recovery Funds
Posted: Fri Sep 13 -- Mississippi has the highlest level of unemployment; worst education system; highest obesity rate; lowest rate of those with health insurance... Brokie

Current Issue

September 9, 2013
Current Issue
Top Workers' Comp Writers; Intellectual Property: Copyright, Trademark, Patent & Cyber / Media Liability; Residential Contractors

More Newsletters

Choose Newsletters
Enter Your E-mail

How to Advertise

For information about advertising on this newsletter and Insurance Journal magazines, contact Julie Tinney at (800) 897-9965 x148.
View our Media Kit for advertising options in our magazines and online properties.
Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2013 by Wells Media Group, Inc.

No comments:

Post a Comment