Daily Headlines: Wednesday, October 2, 2013

Contact us | Subscribe | Send to a Friend

October 2, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Bill to Delay Flood Insurance Rate Hikes Stymied by Shutdown Politics A bipartisan proposal to delay federal flood insurance rate hikes that took effect Tuesday is being stymied by a bitter congressional ... Toyota Claims Plaintiffs Fabricated Fatal Acceleration Theory Toyota Motor Corp. said plaintiffs' lawyers seeking to blame a fatal accident on unintended acceleration made up a theory of how a ... Supeme Court to Hear Patent Suits Fee Award Cases The U.S. Supreme Court will hear two appeals that would make it easier for targets of patent suits to collect attorneys' fees, agreeing to ... Monsanto to Buy Weather Data Modeler, Farm Insurer Climate Corp. for $930 Million Monsanto Co., the world's largest seed company, agreed to buy The Climate Corp. for about $930 million to provide farmers with weather data ... National PIA Installs New Officers; Virginia's Lee Takes Helm as President The National Association of Professional Insurance Agents (PIA) has new national officers. Each will serve one-year terms that began on ... Obamacare Day 1: Exchanges Struggled With High Demand; Fixes Promised The Obamacare insurance exchanges struggled to handle a flood of consumer interest that closed the U.S. website for much of the day, and ... Judge Again Refuses to Exit New York AG's Suit Against Greenberg Former AIG Inc. Chairman Maurice "Hank" Greenberg lost a second bid to have a judge remove himself from an eight-year-old lawsuit brought ... CNA Said Looking to Sell Annuities Unit to Focus on P/C CNA Financial Corp., the insurer controlled by Loews Corp., is looking to sell its payout annuities business to focus on property and ... Swett & Crawford Forms Construction Industry Group Headed by Mastrolia Wholesale broker Swett & Crawford has formed a Construction Industry Group to focus on providing insurance services to retail brokers and ... 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... Companies Perceived as Too Tolerant of 'Toxic Employees' with Bad Attitudes Employees believe their employers are too tolerant of toxic coworkers, according to survey results announced by a... More National News East Sandy Victims Want Help With Insurers, Bureaucrats The water came in torrents; the aid is being parceled out drip by drip. That was one of the main complaints voiced Monday by victims of ... Connecticut Working to Attract Captive Insurance Business Connecticut's venerable insurance industry is making a pitch for business just as the new federal health insurance marketplace begins to ... New Law: New York Considers First Tornado Warning System New York is looking into creating its first statewide early warning system for tornadoes. A bill signed into law by Gov. Andrew Cuomo ... Liberty Mutual's Commercial Insurance Unit Names VP for East Division Liberty Mutual Insurance's Commercial Insurance strategic business unit has appointed Thomas J. Kelley as vice president and managing ... More East News Midwest OSHA: Bedbug Whistleblower in Ohio to Get Back Pay A federal court has ordered S.E.M. Villa II Inc., a nonprofit corporation that operates S.E.M. Terrace, a retirement facility in Milford, ... Manufacturing Growth to Aid Midwest Economy A new survey of business leaders in nine Midwest and Plains states suggests that manufacturing growth will help fuel the regional economy ... Wisconsin Governor Explores Self-Insurance for Employees Wisconsin Gov. Scott Walker is considering a proposal to shift state employees from health maintenance organizations to a state ... More Midwest News Southeast Florida Ban on Texting While Driving Now in Effect Florida is joining 40 other states in the U.S. where it is illegal to text and drive. The ban is one of more than two dozen laws passed by ... Judge Allows Tennessee Rules on Health Insurance Navigators A judge refused to block emergency rules covering people who dispense advice on the new health insurance exchange in Tennessee that ... Police Offer Plan for Guns in Georgia Schools Under a plan being discussed by a northeast Georgia school district, Colt 6920 M4 carbine rifles would be stored in safes inside schools to ... Painter's Alabama Football Scenes with Uniforms Do Not Infringe Trademark: Judge A federal judge has dismissed a trademark infringement lawsuit the University of Alabama filed against an artist for painting scenes from ... More Southeast News South Central Alliant Insurance Services Acquires Fort Worth-Based EnRisk Specialty insurance brokerage firm, Alliant Insurance Services Inc., has acquired EnRisk Services Inc., a Fort Worth, Texas-based firm that ... Fort Worth Manufacturer Cited for Serious Safety Violations; Fined $88K The U.S. Department of Labor's Occupational Safety and Health Administration has cited Fort Worth F&D Head Co. for 18 serious safety ... Auditor: Despite Premium Paid Louisiana Recreation District Had No Insurance A Louisiana state auditor says a Lacombe-area recreation district went uninsured for a year despite paying a Slidell insurance agency ... More South Central News West Possible Shutdown Could Hurt Colorado Flood Recovery While officials promise that direct aid to Colorado flooding victims won't be affected by a possible government shutdown, a standoff in ... Disaster Declaration For New Mexico June Storms, Flooding President Barack Obama has signed a disaster declaration for parts of New Mexico for June storms and flooding. The Federal Emergency ... Homeowner Fees Recommended To Address Colorado Fires Colorado homeowners living in high-risk wildfire areas should be charged fees, and officials need to adopt statewide building requirements ... More West News International Allianz Global Specialty Targets Nordic Region with Branch in Stockholm Allianz Global Corporate & Specialty AG (AGCS) has opened its newest branch in Stockholm, Sweden, further expanding its services within the ... Aspen Re Appoints Lewis to Head London Casualty Unit Aspen Reinsurance has appointed Jamie Lewis as head of its casualty reinsurance business in London. Lewis will be responsible for ... More International News Insurance Journal Blogs Insurance Volunteers: Spot Opportunities With Week of Giving 'Project Finder' By Elizabeth Myatt Many people in the insurance industry want to help in their communities by serving as volunteers in their communities. ... 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 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 What Would Your Veteran Self, Tell Your Newbie Self... Posted: Wed Oct 2 -- If you could do it all over again, what would you tell your younger self to do to be a successful P&C agent? What would you tell them to... fla2cali Peer-to-Peer Website & Self-Insuring Users Posted: Tue Oct 1 -- I recently posted a help question with no luck... tobytobitobe Peer-2-Peer Musical Instrument Rental Insurance (SV Startup) Posted: Tue Oct 1 -- 793 Views, no replies? Does that mean there's no hope? Thanks. tobytobitobe 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 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 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 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 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 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 Poll: 72% Oppose Government Shutdown Linked to Health Care Posted: Tue Oct 1 -- Hey Agent, Since you like to reference poll numbers so much, what does it say that more people are against shutting down the government to... Ron 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.