Daily Headlines: Friday, November 1, 2013

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November 1, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Lost Pheasants, Disappearing Grasslands: Is Crop Insurance to Blame? The hunters tramp through neck-high prairie grass with a pair of golden retrievers named Moe and Buck, flushing out birds in a freezing ... Rusbuldt on McKinsey 5: Where Will Agents Really Be in 5 to 10 Years? Bob Rusbuldt, president and CEO of the Independent Insurance Agents and Brokers of America - the Big "I"- takes issue with a McKinsey ... U.S. Weighs Scanning Social Media to Prevent Risky Hires The U.S. government is studying whether it can scour social media websites for clues about potential risks from workers such as Edward ... Insurer Alleges Robotic Surgery Firm Lied About Claims Intuitive Surgical Inc., the maker of robotic surgery devices targeted by patient lawsuits, was sued by an insurer alleging the company hid ... AIG's Q3 Profit Advances 17% to $2.17B; Property/Casualty Sales Decline American International Group Inc., the insurer that repaid a U.S. rescue last year, said third- quarter profit climbed 17 percent as ... Markets-in-Motion: Sports & Entertainment Arenas The 650,000 square foot Honda Event Center in Anaheim, Calif. holds thousands of people at any given time, creating the opportunity for many... Heard at PCI: Looking Ahead to Jan. 1, Re Brokers See Changes Beyond Rate Drops Insurance carriers are not sitting around looking forward to lower-priced reinsurance contracts on their Jan. 1, 2014... More National News East Maryland's Chesapeake Employers: Business as Usual for Policyholders, Agents Maryland's largest writer of workers' compensation insurance and the insurer of last resort adopted a new name and a new corporate ... New York Bans 12 Doctors From No-Fault Insurance Billing New York officials have banned 12 doctors and six therapists from billing the state's no-fault auto insurance system in an initiative to ... President Obama Cites Early Setbacks of Massachusetts Health Law President Barack Obama chose the site where Massachusetts' health care system became law to promote his signature health insurance program, ... Connecticut Approves NCCI's 3.2% WC Loss-Cost Increase Filing Connecticut regulators this week approved the National Council on Compensation Insurance's workers' compensation filing for an overall +3.2 ... The Hanover Insurance Group Q3 Profit Rises 52% to $61M The Hanover Insurance Group Inc. reported net income of $61.3 million for its 2013 third quarter, an increase of 51.7 percent compared to ... More East News Midwest UPS Driver in Michigan Works 51 Years, No Crashes UPS driver Tom Camp from Livonia, Mich., and his big, brown truck have done something no other UPS driver has accomplished: 51 years ... Former Kansas City Worker Admits Insurance Fraud A former Kansas City municipal court employee has pleaded guilty in a scheme to use an insurance member benefit program to illegally rack ... Joplin Man Held Without Bail in Planned Parenthood Arson Case A federal judge has ordered no bail for a southwest Missouri man suspected of setting fires at a Planned Parenthood facility and an area ... Manufacturer Faces Nearly $148K in Fines for Amputation Hazards in Ohio Napoleon Spring Works Inc., a manufacturer of garage door hardware, has been cited $147,600 in proposed penalties by the U.S. Department of ... More Midwest News Southeast 9 with Cancer Sue DuPont Over West Virginia Plant Chemical Nine Ohio and West Virginia residents who have cancer and other diseases have filed federal lawsuits this month against chemical giant ... More Southeast News South Central Louisiana Citizens Insurance Settles Remaining 2005 Hurricane Claims A state-run insurance company of last resort in Louisiana has settled the remaining claims in a class-action lawsuit tied to how it handled ... Armstrong Loses Key Ruling in Bonus Money Fight with Insurer A Texas insurance company that specializes in promotions and prizes is closer to forcing Lance Armstrong to return about $12 million in ... Frost Insurance Acquires Kolkhorst Insurance Agency in Houston Frost Insurance announced it has acquired Kolkhorst Insurance Agency, an independent Houston-based insurance agency that offers a full ... Billions in Flood Insurance Liability at Stake from Central Texas Storms Central Texas is mopping up after strong storms dumped more than a foot of rain in some areas, and many homeowners likely will be hoping ... More South Central News West Montana, Feds To Seek Damages From Exxon Spill Montana and federal officials say they'll seek compensation from Exxon Mobil Corp. for natural resource damages caused by a crude oil spill ... California City's Bid To Close Sriracha Plant Denied A judge has refused to order an immediate halt to production of the internationally popular hot sauce Sriracha at a Southern California ... Nevada HOA To Pay $65K After Banning Family's Ambulance A Las Vegas homeowners association agreed to pay $65,000 to a family after refusing to allow them to park an ambulance they used for their ... Wyoming Outdoor Leadership School Sued Over 2011 Death The mother of a 20-year-old Minnesota man has filed a wrongful death lawsuit against the Lander, Wyo.-based National Outdoor Leadership ... FBI: California Senator Tied up in Workers' Comp Fraud An FBI investigation shows that state Sen. Ronald Calderon accepted bribes from a hospital executive in Southern California who ran an ... More West News International Emerging Economies Nearing Half of Global Warming Emissions Total greenhouse gas emissions by China and other emerging nations since 1850 will surpass those of rich nations this decade, complicating ... AXIS Capital Reports $137 Million Q3 Net Income; $512 Million 1st 9 Months Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the third quarter of 2013 of $137 ... Aspen Posts $107.4 Million Q3 Net Income Bermuda-based Aspen Insurance Holdings Limited reported net income after tax of $107.4 million, or $1.43 diluted net income per share, for ... More International News Join the Insurance Journal Network Insurance Journal TV A World With or Without TRIA Since the creation of the federal terrorism reinsurance program in 2002 until now the market... Watch Now Aon Benfield's Adam Podlaha Explains Cat Models - and More Insurance Journal's Charles Boyle interviewed three specialists from Aon Benfield's... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Erie Insurance, feedback please. Posted: Thu Oct 31 -- I would stay away from Erie. Erie has appointed too many agents and their competitive position has taken a turn for the worse. Erie's... randrew54 CA liability coverage for product - Gopher Gasser Posted: Thu Oct 31 -- My client is a California wholesalers for garden supplies. They're looking for liability coverage for their new product - Gopher Gasser. The... antagent Travelers reducing commissions Posted: Wed Oct 30 -- It's not an 8% cut, it's actually a 20% cut: 15% x .80 = 12%. Despite the cut,... gforaker 7 day insurance policy Posted: Tue Oct 29 -- Justin, Unfortunately, that program is exclusive to LA Insurance. If you really want access to it, you could access it by becoming an LA... PiP becoming appointed Posted: Tue Oct 29 -- Try an Aggregator/Cluster group. By joining you get instant access to preferred markets, higher commissions and contingency opportunities... PiP New Insurance Agency Posted: Tue Oct 29 -- It is very difficult to get an appointment as a new agency...we were only able to do so because I was one of the top performing captive... Pathwayinsurance It can happen to us too Posted: Tue Oct 29 -- We also had a claim, not theft related but our water heater burst in our office causing much damage. We tell... Pathwayinsurance New Phone Line System Help Posted: Mon Oct 28 -- As someone who has been on the traditional PBX system, to VOIP (to another VOIP) and then finally moved back to a traditional PBX. I was on... Smalltownagent Go to Forums Reader Comments Idaho Lawsuit Is Latest Claim Against Remington Posted: Mon Oct 28 -- basic principle of firearm use/handling: never point it in any direction that might cause injury should it misfire. why would he have been... bob Bipartisan Deal Reached to Delay Flood Insurance Premium Hikes: Waters Posted: Mon Oct 28 -- I am still laughing. Where are all my capitalistic, market crazy Republican friends who should be insisting the rates be market rates, no... JohnS Alabama Couple Sues Kentucky Motel Owners for $5M Over Illness Posted: Mon Oct 28 -- Yet another blatant example of throwing a high number in the air in the hopes the motel's carrier will settle for less. How in the hell did... Scott Insurance, Tax, Climate Groups Hit Possible Delay in Flood Insurance Changes Posted: Mon Oct 28 -- Maybe the govt should stop sending out $25 billion yearly to other anti-American countries and use the funds to solidify the FEMA/NFIP... Earl Murphy Usage-Based Auto Insurance on Road to Becoming Standard Offering Posted: Wed Oct 30 -- For years, auto carriers used proxys to predict future loss history such as insurance scores, marital status, location, etc. So-called... 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