Wednesday, September 4, 2013

Daily Headlines: Wednesday, September 4, 2013

Sponsored by: MarshBerry. Register Today for MarshBerry's Best Practices Producer Training. 10/21-10/22. Fort Worth Texas Click here for more information.
Insurance Journal Daily Headlines
September 4, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Willis Report Finds Many Firms Silent on Cyber Risk

Fortune 1,000 firms in the health care, technology and insurance sectors top the list of industry groups most concerned about cyber ...

S&P Says Federal $5B Fraud Lawsuit 'Retaliation' for U.S. Downgrade

Standard & Poor's said on Tuesday the U.S. government filed a $5 billion fraud lawsuit against it in "retaliation" for its 2011 decision to ...

Wells Media Launches Carrier Management Print Magazine

Wells Media Group Inc. has launched a new print publication, Carrier Management Magazine, for property/casualty (P/C) insurance executives. ...

Insurance Journal Searches for Best Agencies to Work For

Insurance Journal is on the search again for the best independent insurance agencies in the United States to work for and we hope you will ...

XL Group Assembles Crisis Management Team in U.S.

XL Group has added a crisis management team to provide corporate clients in the U.S. with product recall, war, terrorism and political ...

Self-Driving Cars Could Be on U.S. Roads by 2020

Cars that drive themselves could be on U.S. roads by the end of this decade. But don't take your foot off the pedal just yet. Automakers, ...

From MyNewMarkets.com Five Hidden Risks Faced By Fitness Centers

A majority of fitness center owners are underinsured and exposed to hidden risks that could ruin their business, according to Los...
Carrier Management

Compensation Gaps in the Insurance Industry: University Research

As part of a research project focused on analyzing leadership demographics in the insurance industry, Saint Joseph's...
Are you Hiring? Post your job opening on Insurance Journal's Job Board!
East

Study Says Warming May Make Sandy-Like Storm Paths Into N.J. Rarer

Man-made global warming may further lessen the likelihood of the freak atmospheric steering currents that last year shoved Superstorm Sandy ...

Connecticut Officials to Hold Informational Forum on Sandy Relief

Connecticut's Department of Housing plans to inform homeowners affected by Superstorm Sandy about how they can apply for federal relief ...

$53M Provided to Restore Vermont Building Hit by Irene

The federal government and the state's insurance will provide $53 million to help rebuild the Vermont state office complex in Waterbury ...

W.R. Berkley's FinSecure Appoints P/C Chief Underwriting Officer

FinSecure -- a W.R. Berkley Corp. member company that focuses on insurance for financial institutions -- announced that Elizabeth Loft Good ...
Sponsored by: Insurance Journal. Do You Love Your Work? Nominate It for IJ's Best Agencies to Work For! Click here for more information.
Midwest

Joplin Rebuilding Since Tornado: About $837M Spent

About $837 million has been spent on construction in Joplin since the May 2011 tornado, including starts on more than 1,100 new homes, ...

South Dakota Ballot Measure Proposed on Health Insurance Restrictions

A proposed South Dakota ballot measure would prohibit insurance companies from restricting their customers' choice of out-of-network health ...

Midwest, Plains Economy Should Keep Growing

A new survey of business leaders suggests the economy will continue growing in nine Midwest and Plains states through the rest of 2013 but ...

State Farm Sponsors Tollway Help in $1.8M Deal

State Farm Insurance is spending $1.8 million to sponsor tow trucks that rescue motorists who are stranded on the Illinois Tollway. WJBC ...
Southeast

Investors Ask West Virginia Supreme Court to Reopen Case Against Massey

Institutional shareholders in the former Massey Energy Co. want the state Supreme Court to revive a lawsuit they filed two weeks after the ...

West Virginia Family Sues Over Accident Photo

The family of a Rainelle, West Virginia man who died in a traffic accident is suing an ambulance company and an emergency medical ...

All Risks Names Swartz Branch Manager of Tampa Office

Wholesale insurance brokerage firm All Risks Ltd. reports that Trina Swartz has been hired as branch manager of its Tampa, Florida office. ...
Eight Secrets of the Top Performing Agents - New Webinar from Academy of Insurance
South Central

Brownsville Remains Texas' Safest Driving City

Brownsville drivers are among the best in the country. The Allstate Insurance Company' ninth annual "Allstate America's Best Drivers ...

Finch Named National Managing Director of Admitted Markets at MarketScout

MarketScout, the national electronic insurance exchange and specialty MGA headquartered in Dallas, Texas, has expanded its nationwide ...

Oklahoma Woman, Pet Kangaroo Find New Home at Zoo

An Oklahoma woman and her pet kangaroo have found a new home after battling a city council over her right to keep the animal. Two years ...

HUD Announces $37M in Disaster Aid in Oklahoma

Oklahoma and the city of Moore will receive nearly $37 million in federal aid to help recover from the tornadoes and storms that killed ...
West

Confie Seguros Acquires Olympic Insurance in Washington

Confie Seguros has acquired Olympic Insurance in Shelton, Wash., a provider of auto, home and small commercial insurance. Olympic ...

$1.6M Rating Adjustment for Oregon Restaurant and Lodging Association

Liberty Mutual Insurance's Northwest business insurance operation announced an overall retrospective rating adjustment of more than $1.6 ...

Suit Seeks $1.75M From Oregon Dentist For Pulling Wrong Teeth

A Eugene, Ore. dentist is being sued for $1.75 million for allegedly pulling the wrong teeth during dental surgery on a 4-year-old boy two ...

Dias Named Swett & Crawford Sales Leader in Washington

Frank Dias was made sales leader for Swett & Crawford's Seattle, Wash. office. Dias will continue to serve as casualty broker in addition ...

Utah Registers 39 Workplace Deaths In 2012

New figures from Bureau of Labor Statistics show there were 39 workplace deaths in 2012 in Utah - the same total as the year before. The ...
Sponsored by: Arrowhead General Insurance Agency. Sun's out. Fun's out. Instant online quotes coast to coast. Click here for more information.
International

Capital Oversupply Could Pressure Reinsurers to Lower Rates

Munich Re and Swiss Re Ltd. are among reinsurers likely to face further pressure to lower the rates they charge clients as the capital ...

Rising Sea Levels Ranked as Greatest Climate Change Threat: Guy Carpenter

Guy Carpenter & Company has an analysis of the evolving risk landscape spurred by global warming, which stresses that "climate change, ...

AJ Gallagher to Acquire UK's Giles Group of Companies

Arthur J. Gallagher & Co. announced that it has signed an agreement to acquire the Giles Group of Companies, headquartered in London, ...

UK's Nexus Underwriting Takes Over Torus Executive Risks

UK-based Nexus Underwriting Management Limited announced that it has acquired Torus Insurance Holdings Limited entire holding in Torus ...

UK MGA Pioneer Names Carson to Head New 'Pioneer Cat' Division

Specialist Managing General Agency (MGA) Pioneer Underwriting Limited announced the appointment of David Carson to spearhead its new ...

MDS Group Appoints Vinhas to Portugal Country Management Team

MDS Group, the Iberian, Latin American and African insurance broker, announced that it has strengthened its Portuguese management team by ...

Join the Insurance Journal Network

Twitter Facebook LinkedIn


Insurance Journal TV

Video thumbnail

California Assemblyman Mixes Insurance and Politics

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

Opportunity in ACA Reprieve

Shawn P. Pynes, a principal with Barney & Barney LLC in San Diego, sees the temporary reprieve...

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

Med Pay on a Horse Trailer?
Posted: Fri Aug 30 -- I would assume that if your, your family or a visitor hurt themselves entering the trailer or once inside the... ishootfriendlies
Piano Movers Ohio
Posted: Fri Aug 30 -- I just noticed the heading.. DOPE!.... ABMCalifornia
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

Reader Comments

Cyber Alert: Syria, Aided by Iran, Could Retaliate Against More U.S. Companies
Posted: Thu Aug 29 -- A former NSA director using the phrase "sounds like an Iranian proxy" should be taken with a few million grains of salt. The Washington... ExciteBiker
Tough-to-Kill New York Buses Drive Through U.S. Law's Loopholes
Posted: Tue Sep 3 -- And when the operator - or their carrier - pays out the paltry $5mil to cover the 14 new quadrapeligic pre-teens, the plaintiff's lawyers... reality bites
Zurich Insurance CFO Named Ackermann in Suicide Note
Posted: Fri Aug 30 -- Hmmm. I zink zer ist more to dis zan meets the monocle. nomesaneman
Obamacare Supporters Decry Republicans' Moves on Health Navigators
Posted: Tue Sep 3 -- GOP vs the GAP - the Give Away Party - the Dems sure know how to spend other peoples money, but never their own. How much did Obama and his... Whodathunkit?
North Carolina Couple Charged with Insurance Fraud Over Camper Rental
Posted: Wed Aug 28 -- Seriously? They're facing prison time over a mere $6,000 scam? If you're going to commit fraud, at least go for the big bucks! :) Scott

Current Issue

August 19, 2013
Current Issue
101 Sales, Marketing & Agency Management Ideas; Corporate Profiles - National Edition; Exclusive Annual Issue Sponsor Download Opportunity

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