Daily Headlines: Thursday, October 10, 2013

Contact us | Subscribe | Send to a Friend

October 10, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Financial Stability Regulators Discuss Debt Limit, Government Shutdown U.S. financial regulators discussed the federal debt ceiling and the effect of the government shutdown on market monitoring during a phone ... D&O Liability Insurance Rates Fell in Q2: Marsh U.S. publicly-traded clients paid 4.9 percent more on average for their primary directors and officers liability (D&O) coverage in the ... Progressive: Investment Income Slips; Premiums and Auto Policies Up Progressive Corp., the fourth-largest U.S. auto insurer, said profit dropped 16 percent as investment income declined for a 12th straight ... P/C Stock Valuations Unlikely to Improve Much in Near Term: Conning While property/casualty insurance stock valuation levels are finally exceeding book values after four years of below-book levels, a ... JC Flowers, Apollo to Bid on Hartford's Japan Unit: Reuters Private equity firms J.C. Flowers & Co and Apollo Global Management are among a handful of companies expected to bid for Hartford Financial ... Zurich Launches Side A D&O Coverage for Corporate Leaders in the U.S. and Abroad Zurich has introduced a new Side A D&O policy that addresses the evolving litigation landscape and provides coverage for liability ... LIU, PGI Commercial Partner to Offer Environmental Coverage Liberty International Underwriters (LIU) has partnered with program administrator PGI Commercial to offer LIU Environmental coverages under ... Insurers: Product Recalls a 'Death Sentence' to Food Manufacturers, Coverage Demand Still Lags Food recalls are on the rise, but that isn't necessarily because food manufacturers are not meeting safety requirements and more food is... On the Regulation and the Facts There was much coverage last month on the fifth anniversary of the collapse of Lehman Brothers, but it was also the... More National News East After Superstorm Sandy, Some New York Artists Struggle to Come Back When Superstorm Sandy slammed into New York City last October, much of abstract painter Ronnie Landfield's life's work lay submerged under ... Allstate Sees Increasing Demand in Mass., Plans to Add 130 New Agents Allstate Insurance Company announced this week it is planning to appoint more than 130 new insurance agents in Massachusetts by the end of ... N.Y. Reports 40,000 Enrolled in State's Health Care Marketplace During First Week State officials say 40,000 New Yorkers have signed up for health insurance in the first week of operation for the new state-run marketplace ... Medical Malpractice Case Ends in Hung Jury in Virginia A $1 million malpractice civil lawsuit against a prominent Culpeper doctor has resulted in a hung jury. Jurors told the Culpeper County ... More East News Midwest Analysis: Health Insurance Prices for 3 Illinois Households How much will an Illinois fast food cook pay for insurance under President Barack Obama's health care law? How about a preschool teacher? ... Michigan Premium Estimator Used More Than 100,000 Times Michigan's online premium estimator was used more than 100,000 times in the first week people could shop in an insurance marketplace formed ... North Dakota Ranchers Urged to Record Livestock Losses The North Dakota Stockmen's Association is urging ranchers who lost cattle in last weekend's snowstorm to keep detailed records of their ... Law Firm to Donate 500 Smoke Detectors to Detroit A law firm once again intends to donate 500 smoke detectors to the Detroit, Mich., fire department. The official announcement of Fabian, ... More Midwest News Southeast Judge Blocks Tennessee Rules on Health Navigators A federal judge has blocked the state of Tennessee from enforcing emergency rules for people who advise others about the new health ... Florida's First Light Program Managers Acquires Frontline Underwriters of Mississippi First Light Program Managers of Dania, Florida, said it has acquired substantially all of the assets of wholesale broker Frontline ... Howard Named President of Florida-Based National Retail Agency Brightway Jacksonville, Florida-based national insurance agency franchise company Brightway Insurance has promoted Talman Howard to president of the ... More Southeast News South Central U.S. Cites 24 Violations in Fatal Blast at Texas Plant in April The fertilizer facility in Texas that exploded earlier this year, killing 15 people, was cited yesterday by the Occupational Safety and ... Further Investigation of Fertilizer Plant Blast Delayed The partial government shutdown is delaying the federal investigation of the fertilizer plant explosion in West and efforts to improve ... Oklahoma Investigation Leads to 12 Charges Against Former Agent A former Tulsa, Okla., insurance agent with a prior conviction of embezzlement has now been charged with 11 counts of obtaining money by ... Louisiana Shuffling Dollars to Pay for Sinkhole The Louisiana Department of Natural Resources borrowed $8 million from the state treasury to meet the day-to-day expenses of Bayou Corne. ... More South Central News West Report: $189B in Western U.S. Properties High Wildfire Potential Despite a little touch of some wetter and cooler weather, the 2013 wildfire season isn't over, and the Western states in particular should ... New California Law Limits Workers' Comp For Pro Athletes Professional athletes who spend most of their careers with teams in other states will be prohibited from filing workers' compensation ... Utah Man Blames Bathroom Emergency For High-Speed Chase A Utah man has been sentenced to seven days in jail after a high-speed chase that he blamed on a bathroom emergency. Thirty-nine-year-old ... Washoe School Accused Of Disability Discrimination Parents of a disabled high school student suing Washoe County school officials for discrimination say staff physically restrained their ... Farmers Insurance Exchanges in California Commence Cash Tender Offers Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange announced that  Farmers Insurance Exchange commenced a ... More West News International Regulators Map Out First Capital Blueprint for Large Insurers The world's largest insurers could be forced to raise fresh capital under rules proposed by regulators on Wednesday that echo measures ... Study Concludes Shift to a New Climate Likely by Mid-Century Billions of people could be living in regions where temperatures are hotter than their historical ranges by mid-century, creating a "new ... Allied World Europe Appoints Graham VP - Mergers and Acquisitions Allied World Assurance Company Holdings, AG has announced that Allied World Europe has appointed Andrew Graham Vice President, Mergers and ... More International News Sponsored Content First Light Program Managers, Inc. Acquires the Assets of Frontline Underwriters, Inc. Dania, FL, 10/10/13 - Anthony L. Johnson, Chief Executive Officer of First Light Program Managers, Inc. and Gregory B. Crotty, President ... More Sponsored Content 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 How to file for long term care insurance claim? Posted: Thu Oct 10 -- Filing for long term care insurance claim is easy as long as you stick to the process. The first thing you need to do is to review your... racheljames Travelers reducing commissions Posted: Wed Oct 9 -- Regionals = better service, better relationship, actual underwriting, comparable or better coverage forms!! ~~ Cincinnati Insurance ~~... yoyowordup Erie Insurance, feedback please. Posted: Wed Oct 9 -- They called on me several years ago. They definitely consider themselves on the Independent side, but want to be #1 in the agency. I can't... gforaker New lead model question - could cost per sale work? Posted: Wed Oct 9 -- A big challenge for you is the current fractured and changing face of the small to mid sized retail insurance agency. The sun is setting on... d's insurance store What Would Your Veteran Self, Tell Your Newbie Self... Posted: Fri Oct 4 -- Do: Shut up and let the client talk. Do: Be an advisor. People who don't work in the insurance industry know little or nothing about... sillyphil Peer-to-Peer Website & Self-Insuring Users Posted: Fri Oct 4 -- I wouldn't lose hope just yet. If RelayRides can find an insurance solution for peer to peer car rentals, there may be an opportunity to... SteveD 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 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... tobytobitobe Go to Forums Reader Comments Hole-In-One Golf Insurer: Guilty To 3 Felonies in Washington Posted: Mon Oct 7 -- Hmmmm. Four months in the slammer. Wonder if this dude's gonna get a hole in one. reality bites Obamacare Day 3: High Demand, Enrollment Glitches Persist Posted: Mon Oct 7 -- Agent, Why would I research a clip from a comedy show? You do realize that Jimmy Kimmel is a comedian, right? So you will tout a comedian... Ron Toyota Claims Plaintiffs Fabricated Fatal Acceleration Theory Posted: Thu Oct 3 -- It's just like the Audi 5000 in the mid 80's. Claims of unintended acceleration were picked up by the press who ran with it. 60 Minutes did... Water Bug Police: Bag on Missouri Clinic Roof Failed Try at Arson Posted: Tue Oct 8 -- Pro-Choice or Right To Life views aside, cowardly acts like this fall under what could be called the American Taliban, and if/when they... Scott 2nd Arson Attempt at Missouri Planned Parenthood Posted: Wed Oct 9 -- Like I said yesterday when the first attempt was reported: Pro-Choice or Right To Life views aside, cowardly acts like this fall under what... Scott Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue October 7, 2013 Professional Liability Directory; The Best Insurance Agencies to Work For; The Food Issue: Restaurants, Fast Food, Bars, Liquor Liability, Grocers, Food Trucks, Food Manufacturing & Product Recall 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 Marketing Representative Litigation Management Specialist Program Manager II - Director of Executive Operations Outside Marketing Representative - WC Insurance 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.