Daily Headlines: Tuesday, October 1, 2013

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October 1, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Obamacare Exchanges Open for Business Today; Some Glitches Expected The three-year effort to open the Obamacare health-insurance exchanges culminates today, beset by logistical delays and efforts by ... Federal Oversight of Financial Markets to Continue During Shutdown U.S. oversight of financial markets and institutions will operate largely as usual in the event of a government shutdown because most ... Poll: 72% Oppose Government Shutdown Linked to Health Care In a rejection of congressional Republicans' strategy, Americans overwhelmingly oppose undermining President Barack Obama's health-care law ... Clash at Trial: Did BP Lie About Size of Gulf Oil Spill? In the frantic days after the 2010 Gulf of Mexico oil spill, BP lied about how much oil was leaking from its Macondo well and took too long ... Travelers Launching Low Cost, Segmented Product in New Personal Auto Strategy The Travelers Companies Inc. is adopting a new strategy to become more price-competitive in personal auto insurance. Travelers' CEO Jay... Looming Accounting Standard Will Add Complexity to Reserve Setting Urging property/casualty insurance company investors to respond to a request for comment about a proposed accounting... More National News East New York's Lawsky Sees Obamacare as Model to Simplify Home Insurance Homeowners' insurance needs to be more standardized because customers are confused about what their policies protect, New York's financial ... Sandy's Homeless to Lose NYC Hotel Program This Week About 300 people made homeless by Superstorm Sandy could be forced to leave the York City hotels they've been staying in after a judge ... Insurance Institute for Highway Safety in Virginia Expanding The Insurance Institute for Highway Safety expects to complete a $30 million expansion at its Ruckersville campus by late 2014. ... Allstate Plans to Hire New Agents in Penn., Conn., Maine, R.I., N.H. Allstate Insurance Company announced last week that the company is planning to hire new insurance agents in Pennsylvania, Connecticut, ... More East News Midwest 6 Indicted for Arson, Insurance Fraud Scheme in Missouri Six people have been indicted by a federal grand jury in Missouri for their roles in an arson and insurance fraud conspiracy, Tammy ... Marsh Taps Wallace to Head its Office in Columbus, Ohio Insurance broker Marsh has appointed Scott Wallace to lead its Columbus, Ohio, office. Wallace brings nearly 15 years of insurance-related ... Tisonik Named President of HNI Risk Services in Wisconsin Risk risk management firm, HNI, has appointed Chad Tisonik as its Wisconsin location president. Tisonik's new role as president is a ... More Midwest News Southeast West Virginia Higher Ed Panel to Vote on Requiring Emergency Plans West Virginia higher education officials are considering a campus safety rule that establishes policies and procedures addressing four-year ... Hub Acquires Florida's Connelly, Carlisle, Fields & Nichols Global insurance broker Hub International Limited has acquired the assets of Connelly, Carlisle, Fields & Nichols (CCFN), a Clearwater, ... Florida's Heritage Insurance Names Russell Chief of Underwriting, Sales Florida homeowner insurer  Heritage Property & Casualty Insurance has named Mel Russell as its new chief underwriting officer, executive ... More Southeast News South Central Deciphering the Texas Supreme Court's Decision in Lennar v. Markel When the Texas Supreme Court decides to look at controversial insurance coverage issues, you can assume that their decisions will never be ... Oklahoma Governor Opposes Bond Issue For School Shelters A proposed bond issue to pay for storm shelters in every Oklahoma school won't have the support of Gov. Mary Fallin if the measure makes it ... More South Central News West Oregon High Court Upholds Noneconomic Malpractice Award The family of a baby who sustained nerve injuries as a result of negligence by a Lane County medical practice should be able to collect the ... Idaho Insurance Agents Leery Of Exchange's Promise Insurance agents are still waiting to be convinced Idaho's insurance exchange will benefit their businesses, though the board that ... Fired SDG&E Worker Withdraws Racially-Tinged Suit in California A former utility worker has withdrawn a lawsuit that claimed San Diego Gas & Electric fired him after he complained that co-workers tied a ... BB&T Tanner Adds Three New Staffers In California BB&T Tanner Insurance Services named three staff members to its office in Pleasanton, Calif. Ken Clark was named director of risk control. ... More West News 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 would you insure this risk? Overseas traveling Posted: Mon Sep 30 -- I have a risk that I am looking for some GL coverage for. Here is the risk: The insured will be taking custodial posession of a one to two... titan77 Travelers reducing commissions Posted: Mon Sep 30 -- d's... ouch. lonestar My CPCU journey - almost finished..... Posted: Mon Sep 30 -- Margo - check out the Institutes website. They have a chart that shows what designations will give you credit. I know that by having my CLU... bjwestner Feedback - Good, Bad, Ugly on the following Aggregators/GAs Posted: Thu Sep 26 -- I looked at Smartchoice. They said they would hook me up with a bunch of carriers. So they have MET Life call me & Before I realize it I'm... ZappMan What is your biggest pain as an agent? Posted: Thu Sep 26 -- The DNC List! I hate that thing. You can't call anyone anymore it seems like. The only thing worse that that is Voice Mail. ZappMan California Work Comp Class Code detail Posted: Thu Sep 26 -- It is very easy to find the classes and codes. Register at... FurriePrincess Non-for-profit Volunteer Coverge Posted: Thu Sep 26 -- PB1 has it right. Volunteer accident coverage is less expensive than WC (when you can get it) and more readily available. GL policies should... CH@Ins4nonprofits Peer-2-Peer Musical Instrument Rental Insurance (SV Startup) Posted: Thu Sep 26 -- Hello everyone, I'd like to inquire about insurance for our business: We're a peer-to-peer internet startup based in San Jose, CA. Our... tobytobitobe Agency Management System Posted: Wed Sep 25 -- Hello, A lot of good info here. I checked out the following; ... ZappMan 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 Global Warming Slows as Fossil Fuel Emissions Rise to Record Posted: Fri Sep 27 -- I love this comment. "The lower pace of warming in recent years may be explained by natural phenomena including volcanic eruptions, a... Baxtor 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 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 Idaho Gun Show Canceled Due to Insurance Requirements Posted: Tue Sep 24 -- Well, if Fred says it was a totally different group, then it was a totally differnet group. FYI, Fred, gun shows have guns in there...AND... insurance is fun! 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