Daily Headlines: Monday, November 18, 2013

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November 18, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Supreme Court Poised to Decide Future of Securities Class Actions The U.S. Supreme Court accepted a case with the potential to transform securities litigation, agreeing to reconsider a precedent that has ... Tower Restating Prior Financials; 'Going Concern' Status in Doubt Tower Group International Ltd. announced Nov. 14 that it is restating previously filed audited annual consolidated financial statements for ... Schinnerer Updates Kidnap, Ransom, Extortion Coverage Endorsement Victor O. Schinnerer & Co., an underwriting manager, has enhanced its kidnap, ransom and extortion insurance coverage with an updated ... Many State Insurance Regulators Uncertain About Obama's Fix to Health Insurance Promise Many U.S. states are hesitant to embrace President Barack Obama's fix to keep Americans from losing health insurance plans that do not ... Insurers Weigh Forming Captive to Insure Customers of Bankrupt Futures Brokers Eight private insurers have expressed interest in participating in a fund to provide insurance for losses suffered by customers of futures ... California State Fund CEO and CFO Resign Two top executives at California's State Compensation Insurance Fund have resigned... Study Finds Higher Death Rate When Doctor Says Yes, but Insurer Says No University of North Carolina researchers found patients who were denied or delayed insurance approval for bariatric... More National News East Mass. AG Files Federal Brief Urging Court Action on Flood Insurance In support of a Mississippi lawsuit that alleges the new FEMA flood insurance rates are arbitrary and unlawful, Massachusetts Attorney ... Insurance Broker Charged With Theft From NYC Jewish Charity An insurance brokerage owner is accused of helping a longtime Jewish community leader steal more than $7 million from a prominent New York ... Ailing New York Congresswoman McCarthy Sues Over Asbestos Exposure A New York congresswoman being treated for lung cancer has filed a lawsuit claiming exposure to asbestos as a young woman may have ... D.C. Insurance Commissioner Dismissed After Questioning Obamacare Fix: Reports Washington, D.C.'s commissioner for the department of insurance, securities and banking, William P. White, was dismissed last Friday, a day ... Risk Partners Names Regional Business Development Manager in N.Y. Medford, N.J.-based Risk Partners Inc. appointed industry veteran David Bierschied in New York State as regional business development ... More East News Midwest Storms Sweep Across Illinois, Kill at Least 5, Delay Flights Tornadoes and thunderstorms swept through a 300-mile stretch of Illinois and other Midwestern states, killing at least five people, ... Wisconsin Food Plant Stops Production Amid Recalls The Garden-Fresh Foods plant in Milwaukee, Wis., has halted production and reassigned about 100 employees because of product recalls, the ... Wisconsin Lumber Manufacturer Cited in Worker's Death The federal Occupational Safety and Health Administration has cited a lumber and shingle manufacturer for safety violations that resulted ... Dubuque, Iowa Looks at Funding for Flood Prevention Dubuque, Iowa, is considering whether to apply for nearly $100 million in state tax incentives for a huge flood-mitigation project that ... More Midwest News Southeast Builder Claims Drilling Rights Under 2,500 Florida Homes: Report When Mallory and Zach Sinclair were looking for their first home, they swooned over a new townhouse in the Brandon, Florida subdivision of ... Georgia Jury Awards $6.7 Million in Malpractice Case A jury in Columbus, Georgia has awarded $6.7 million in a 10-year legal battle involving an Alabama man who said his intestine was ... Court Reinstates Pay Bias Suit Against North Carolina's Family Dollar A federal appeals court last week reinstated a lawsuit against North Carolina-based Family Dollar that says female managers were paid less ... More Southeast News South Central Analysis: Louisiana Gov. Jindal in Shadows of Flood Rate Fight Steep rate increases for flood insurance are hitting homeowners and businesses across south Louisiana, and state officials and business ... App Will Track Floodgate Closures in Louisiana The Terrebonne Levee District in Louisiana has designed a phone application that allows boaters to check floodgate closures. Terrebonne ... Texas Mutual Wraps Up $175M Workers' Comp Dividend Distribution Texas Mutual Insurance Co. announced that it has begun distributing $2.6 million in workers' compensation dividends among approximately ... Texas Insurer Group Awards Fall Scholarships to 20 Students Twenty students at four Texas universities were recently awarded a total of $38,000 in academic scholarships from the Insurance Council of ... More South Central News West At Least Two Killed In Colorado Silver Mine Accident Two miners were killed and 20 injured on Sunday in an accident at a silver mine in southwestern Colorado, authorities said. The cause of ... Mom Of Fallen Arizona Firefighter Files $36M Claim The mother of one of 19 wildland firefighters killed in north-central Arizona has filed a $36 million claim against the state, Yavapai ... Jury Awards $100,000 In Oregon Malpractice Suit An Oregon gynecologist who removed a patient's healthy ovary and left a piece of plastic in her body after a 2007 robotic surgery has been ... California State Fund CEO and CFO Resign Two top executives at California's State Compensation Insurance Fund have resigned. State Fund President and CEO Tom Rowe and Chief ... Safeco in California to Pay Out $3M For Using Credit Scores Safeco Insurance Co. has agreed to pay a $900,000 fine and reform its approval process for homeowners and auto insurance coverage, ... Montana State Fund Declares Its Largest Dividend More than 23,000 qualifying policyholders will receive a part of a $12 million dividend from Montana State Fund, the worker's compensation ... More West News International Philippine Disaster Fuels Call for Rich Nations to Compensate Poor for Global Warming Losses The typhoon that killed thousands of people in the Philippines has energized debate about whether rich nations should compensate poor ones ... Zurich Insurance Boosts Investment in Clean Energy Bonds Zurich Insurance Group AG, Switzerland's biggest insurer, said it will spend as much as $1 billion on green bonds, making it the largest ... Cooper Gay Picks Newman to Replace Hovey as CEO Cooper Gay & Co. Ltd., the insurance and reinsurance intermediary, has appointed Gordon Newman as chief executive officer.  His ... Philippine Typhoon Haiyan's Cost Insurers Estimated at $14.5 Billion: AIR Super Typhoon Haiyan, one of the strongest storms to hit land, may cost insurers as much as $700 million in the Philippines, a fraction of ... Vietnam Says 24 Dead in Floods, Search for 10 Missing Continues Twenty-four people died and a search continues for 10 others missing after three days of downpours triggered flooding in Vietnam's central ... More International News Sponsored Content Atlas General Insurance Services, LLC Expands Marketing Team San Diego, CA, 11/18/13 - Atlas General Insurance Services, LLC, a national multi-line program manager, is pleased to announce two new ... More Sponsored Content Join the Insurance Journal Network Insurance Journal TV Markets in Motion - Sports & Entertainment Venue The 650,000 square foot Honda Event Center in Anaheim, Calif. holds thousands of people at any... Watch Now A World With or Without TRIA Since the creation of the federal terrorism reinsurance program in 2002 until now the market... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Insurance Noodle Non-Compete Clause Posted: Sat Nov 16 -- Hi All - I am a start up Agency trying to determine if I should sign up with insurance noodle or just go the MGA route. What I like about... token13 Please Help! Moving from Virginia to North Carolina Posted: Thu Nov 14 -- If you have to ask if a North Carolina resident can have a Virginia resident agent license you may want to enroll in the law and ethics CE... Charon How expensive is long term care insurance? Posted: Thu Nov 14 -- It's true that long term care insurance rates com with a high price tag. Based from this... racheljames Free CE Classes in Martinsville and Danville, VA Posted: Wed Nov 13 -- Not sure of any free CE in your area but IRMI has some great pricing for their online CE classes. You can take... Helenhsu45 "Independent contractor" covered under "employer's" GL? Posted: Wed Nov 13 -- I'm trying to determine if a person would be covered under the GL of his "employer". We have a homeowner's association, and one of the... rcenters Georgia and Mississippi WC Exemption question Posted: Wed Nov 13 -- Thanks! I wondered if it was something ambiguous like that! rcenters Exotic car, bad driver!! Posted: Wed Nov 13 -- I'm really interested in knowing what car you're talking about since it's worth 1.5million! PMG Agency "On-Loan" Fine Art Posted: Wed Nov 13 -- I'm not sure why this is a problem. Have you been turned down by the retail shop's package policy carrier? Unless the fine artwork is... yoyowordup Go to Forums Reader Comments Clinton, Democrats Pressure White House to Amend Healthcare Law Posted: Wed Nov 13 -- Am I the only one absolutely shocked that at 9:54 AM there are not at least 300 comments on this article??? ralph Oregon Toddler's Family Sues Complex Over Abuse Posted: Thu Nov 14 -- My question is, why was the 3 year old child left to play outside, or wherever without supervision by the parents? What parent, would allow... Secret Agent Girl Older Drivers Catching Up with Younger in Distracted Driving: Survey Posted: Tue Nov 12 -- Welcome to the "Me, Myself, and I" culture. Here is some recommended advice. Rule One -- Put your phone in the glove box before you start... ExciteBiker Senate Expected to Pass Gay Workplace Rights Bill Opposed by House Posted: Tue Nov 12 -- Bob - I am sorry you had those experiences with Democrats in your youth. When I was still in school, I didn't even know the difference... Libby Travelers Cancels ExlService Outsourcing Contract, Citing Confidentiality Breach Posted: Mon Nov 11 -- Good, now hire back all the us employees you just laid off!!! Yo Momma Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue November 18, 2013 Top Personal Lines Retail Agencies; Assisted Living / Long Term Care; Contractors & Builders; Regional Wall Calendar - Sponsor a Month 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 Agency Service Manager Customer Service Supervisor Commercial Lines Account Manager Claims Representative Have a job opening? List it on our Web site. 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