Daily Headlines: Friday, October 4, 2013

Contact us | Subscribe | Send to a Friend

October 4, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Is There Coverage for Losses Stemming From Government Shutdown or Default? At the time of this writing, the federal government is in a partial shutdown. Essential functions are operating, but certain areas such as ... Civil Court Cases Face Possible Delays Due to Government Shutdown U.S. Justice Department lawyers from New York to San Francisco are asking judges to delay civil cases as the government partially shuts ... Obamacare Day 3: High Demand, Enrollment Glitches Persist Americans trying to find out how much health coverage will cost under Obamacare endured a third day of limited access to new online health ... Confie Seguros Buys 2 Agencies in New York, 1 in Texas Personal lines insurance brokerage Confie Seguros, has acquired three additional brokers -- two in New York and one in Texas. Terms were ... All Risks Launches Workers Comp Product for Agriculture Risks The recently formed Workers' Compensation Specialty division of All Risks, Ltd., has launched its second specialty class, WC for ... Gulf Coast Braces for Flooding from Tropical Storm Karen Tropical Storm Karen may bring more than 7 inches (18 centimeters) of rain, isolated tornadoes and power outages to the U.S. Gulf Coast, ... What to Know About NARAB or National Producer Licensing: Bissett of Big 'I' If and when the federal government resumes operations, a multistate producer licensing reform bill long pushed by the country's insurance ... 10 Things to Know About Liquor Liability Liquor liability insurance is defined as coverage for bodily injury or property damage caused by an intoxicated person who was served... 13 Quarters of Premium Growth; Longest Unbroken Rise in Decade Although the property/casualty insurance industry combined ratio stayed above 100 in the second quarter, much of... More National News East First Superstorm Sandy Home Buyout Set to Close in New York Even when Superstorm Sandy killed their neighbors and flooded their house, Frank and Mary Lettieri vowed to stay in the Staten Island, New ... N.J. Regulators Requesting Updated Sandy Claims Data From Insurers The New Jersey Department of Banking and Insurance recently announced a new data call request to the insurance industry to evaluate ... New York Second in Nation for Questionable Workers' Compensation Claims New York is second in the nation, only behind California, for questionable workers compensation insurance claims. New York jumped to second ... I.I.I. on Business Insurance Lessons Learned From Sandy The difficulty many businesses had reopening after Superstorm Sandy is a reminder of the importance of having a disaster recovery plan and ... More East News Midwest Former Ohio Resident Owes $40K to Work Comp Bureau An Ohio man owes the Ohio Bureau of Workers' Compensation (BWC) more than $40,000 after he was discovered working while receiving workers' ... Fatal Deer-Vehicle Crashes on Pace to Set Record in Minnesota Minnesota Department of Public Safety is reminding motorists and motorcyclists to be especially cautious of deer in coming months, as they ... Illinois State Police Catch Shaving, Texting Drivers Illinois State Police say a man who was shaving was one of dozens of people stopped by officers patrolling a Chicago expressway for ... More Midwest News Southeast Half of Mine Inspectors Furloughed Due to Federal Government Shutdown Fewer than half of the inspectors with the U.S. Mine Safety and Health Administration are working during the continuing federal government ... 2 from Kentucky, 1 from West Virginia Sentenced for Workers' Comp Fraud A West Virginia man and two Kentucky residents have been sentenced for their roles in a workers' compensation scheme. The Charleston ... More Southeast News South Central Medical Group Earns Nearly $1M Texas Mutual Dividend Texas Mutual Insurance Company announced the Texas Medical Group (TMG) has earned a $972,604 workers' compensation dividend. The dividend ... Donation Money Finally Going to Texas Fertilizer Blast Victims Officials in the central Texas town devastated by a fertilizer plant explosion earlier this year finally are moving forward with ... Confie Seguros Acquires Family Insurance in Texas Confie Seguros, a national provider of personal lines insurance based in Huntington Beach, Calif., announced it has acquired Family ... More South Central News West California City and Assured Guaranty Reach Bankruptcy Exit Deal Stockton, Calif. and Assured Guaranty have reached an agreement to restructure more than $150 million of outstanding debt to help the city ... Colorado Weighs Whether to Relocate Rivers After Flood Coloradans are debating whether rivers that strayed as much as three-quarters of a mile in last month's floods can or should be moved back ... Weather to Raise California Fire Danger Forecasters are warning of an onset of gusty, dry conditions that will dramatically raise fire danger in large swaths of California as ... Willis Names Long Regional Placement Officer in West Willis North America named Linda Leigh Long regional placement officer in its West region. Long will lead a team insurance placement ... More West News International FERMA Offers Trialogue between Risk Managers, Carriers and Brokers - Part 1 The insurance industry may have given the world a new word - "trialogue," meaning a three way conversation. Oddly enough the first person ... Insurers Respond to Risk Managers at FERMA Forum - Part 2 After the risk managers expressed their views on how re/insurance carriers were handling such matters as innovation, new policies and ... Allied World Asia-Pacific Launches Primary Professional Indemnity Coverage Allied World Assurance Company Holdings, AG announced that its Asia-Pacific platform has launched "Allied World AgilitySM Primary ... Fairfax Completes Acquisition of American Safety American Safety Insurance Holdings, Ltd. has announced the successful completion of its previously announced acquisition by Fairfax ... More International News Insurance Journal Blogs Bill Would Take the Florida Cat Fund in the Wrong Direction Florida state Sen. Jeremy Ring, D-Margate, has filed Senate Bill 228 to maintain the current statutory requirement that the state-run ... More Blogs Join the Insurance Journal Network Insurance Journal TV Insurance Law, Regulation - Jim Wrynn Brings his Experience to the Private Sector James J Wrynn, Esq. served as New York's Superintendent of Insurance from 2009 to 2012, when... Watch Now 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... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums New lead model question - could cost per sale work? Posted: Fri Oct 4 -- A fixed cost per sale could work, if priced right. They would need to be quality leads that generate enough premium to justify the fixed... nhagent Declination Statement - Earthquake Coverage Posted: Fri Oct 4 -- Great info p&csme! This is exactly the type of input I was hoping for! I should have items 1 & 2 wrapped up. I know I didn't share a copy of... sgoebel Erie Insurance, feedback please. Posted: Fri Oct 4 -- We had a territory rep for Erie insurance make a surprise visit to our agency because of our page one ranking in Google. We turned down Erie... Pathwayinsurance Exotic car, bad driver!! Posted: Fri Oct 4 -- 1.5 mil?? What type of car? ABMCalifornia Peer-2-Peer Musical Instrument Rental Insurance (SV Startup) Posted: Thu Oct 3 -- Sorry but your plan will only work if you get an insurance license. There is not enough commission to earn by a... What Would Your Veteran Self, Tell Your Newbie Self... Posted: Thu Oct 3 -- Lonestar, Sound advice, and much appreciated. I've already started reaching out to some mortgage broker friends of mine. I'm... Peer-to-Peer Website & Self-Insuring Users Posted: Wed Oct 2 -- 856 Views on the first posting and no replies obviously means there is no hope. Re-posting doesn't help. Most of us see way too much work... yoyowordup Travelers reducing commissions Posted: Wed Oct 2 -- It is interesting to see everyone's perspective on this. Some agents are of the opinion that the movie ending has already been determined,... lonestar Non-for-profit Volunteer Coverge Posted: Tue Oct 1 -- To yoyowordup: Automobile accident would go the the automobile carrier first for the volunteer, I think, unless something is in place for... des5500 Go to Forums Reader Comments Federal Government Shutdown Effect on P/C Insurance Industry Posted: Mon Sep 30 -- I am so weary of the GOT's antics. Watching the way the world markets have reacted the last few weeks, if we give them another year like... chasholman Rep. Waters, Author of Flood Reform Act, Calls for Delay in Implementation Posted: Mon Sep 30 -- Her names on the flippin bill and she didn't understand it....Go figure. And now they have your healthcare. Good luck middle class, you have... jack Michael Jackson Wrongful Death Case to Change Tune for Entertainment Insurance Posted: Thu Oct 3 -- I am glad that Jacko's family wound up with nothing but a bill for their lawyers' fees. The loss of an artist is tragic but trying to turn... reality bites Insurers' Private Firefighters Give Wealthy Homeowners Extra Protection Posted: Mon Sep 30 -- They pay for the service and deserve it! See democrat comments below. 1. that's not fair 2. they stole their wealth 3. they should pay for... jack New York's Lawsky Sees Obamacare as Model to Simplify Home Insurance Posted: Tue Oct 1 -- The title of this article almost made me spit out my coffee! Only in NY! youngin' Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue September 23, 2013 Surplus Lines: State of the Market / NAPSLO Issue; Lloyd's Syndicate Spotlight; Quarterly Employee Benefits Brokerage Report; Bonus: The Florida Issue (Special Supplement) 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 Outside Marketing Representative - WC Insurance Pricing Actuary - Actuarial Statistician Lead Reserving Actuary - Actuarial Statistician Program Manager II 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. View our Media Kit for advertising options in our magazines and online properties. Subscribe | Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2013 by Wells Media Group, Inc.