Daily Headlines: Tuesday, December 17, 2013

Contact us | Subscribe | Send to a Friend

December 17, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National AmTrust Financial Refutes Negative Report, Says Future Has 'Never Been Brighter' AmTrust Financial Services Inc. (AFSI), a New York-headquartered insurer whose stock price fell last week in wake of a negative report from ... Hartford May Sell Rest of Corporate-Owned Life Business: Report Hartford Financial Services Group Inc., the insurer which rebuffed an activist's calls to split into two companies last year, is ... Ex-BP Engineer Destroyed Gulf Spill Evidence, Jury Told A former BP Plc engineer deliberately destroyed evidence sought by the U.S. for a probe of the 2010 Gulf of Mexico well explosion and oil ... Democrats Question Government Contracts to Firms with Safety, Labor Violations The federal government awards billions of dollars in contracts each year to companies that routinely violate safety, health and wage ... Nasdaq Denied Immunity for Some Investors' Claims Over Facebook IPO Nasdaq OMX Group Inc. must face some of the negligence and securities law claims by investors who alleged they suffered $500 million in ... Arch Enhances Healthcare Facility Professional Liability Form Arch Insurance Group, a member of Arch Capital Group Ltd., has launched a specialized healthcare professional liability product in the U.S ... Plymouth Rock, Bunker Hill Offer Combined Home, Auto Coverage to Massachusetts AARP Members The senior citizen organization American Association of Retired Persons (AARP) has chosen Boston-based Plymouth Rock Assurance and its... Reinsurers Target Regional Carriers as Alternative Capital Lures National Accounts Regional and super-regional carriers may start getting more attention from reinsurers in advance of... More National News East Obama's Health Care Promise Is 2013 Top Quote, Yale Univ. Librarian Says President Barack Obama's acknowledgement that his promise that Americans could keep their health insurance plan turned out to be inaccurate ... New York Catholic Groups Win Challenge to Obamacare Birth Control Mandate A group of Catholic health and educational organizations doesn't have to comply with federal Affordable Care Act requirements to ensure ... Feds to Examine New York's Metro-North Railroad for 2 Months Federal experts will spend the next two months examining safety compliance and safety culture at a commuter railroad that operated a train ... FEMA Grants Helping to Raise Flood-Prone R.I. Homes The owners of eight flood-prone properties near Misquamicut State Beach in Westerly, R.I., are using federal grant funds to raise their homes and ... More East News Midwest Court: Insurance Company Exempt in Wisconsin Shooting Death A Sheboygan insurance company is exempt from having to pay after a man accidentally killed his friend in Oconto County three years ago, a ... Fire Damage to Michigan School Buses Estimated at $300K Authorities in Saginaw County, Michigan say electrical problems caused a blaze that destroyed two school buses and damaged two more. ... Missouri Lawmakers to Try Again for Award Limits in Medical Liability Suits Missouri lawmakers plan to try again to limit how much money people can receive in medical malpractice lawsuits. Missouri House Speaker Tim ... Indiana Asks for More Damage Reports from November Storm The Indiana Department of Homeland Security and local county emergency management agencies are renewing a call for people who sustained ... More Midwest News Southeast Florida Tornado Damage Estimated at $5 Million Seven homes were destroyed and more than 150 damaged by the tornado that struck a central Florida neighborhood Saturday, city officials ... North Carolina Man Sues Hookup Website for Marriage Breakup A Charlotte man is suing his ex-wife's lover as well as a website which he says led to the breakup of his marriage. The Charlotte Observer ... More Southeast News South Central Constitutionality of Oklahoma Workers' Compensation Law Upheld A constitutional challenge to Oklahoma's workers' compensation law has been rejected by the state's highest court. In a ruling on Dec. 16, ... Texas Windstorm Insurance Association Disavows Racism Allegations Texas' insurer of last resort in coastal areas has denied allegations that a culture of racism has existed within the organization. ... Delta General Adds Moss as Transportation Underwriter Houston-based Delta General Agency Corp. announced that Craig Moss has joined the property/casualty insurance wholesale broker as senior ... More South Central News West Chevron Refinery Fire Blamed by Agency on Ignored Warnings The fire at Chevron Corp.'s refinery in Richmond, Calif., last year that sickened thousands was caused by the company ignoring a decade's ... PG&E Worker In California Wins $1 Million In Lawsuit A former power line worker for Pacific Gas & Electric has been awarded more than $1 million in a wrongful termination suit that claimed he ... California School District Faces $17 Million In Claims The San Juan Unified School District in California faces $17 million in claims over harassment allegations, with ten lawsuits alleging that ... Washington Lawyer Faces Four Felonies in Alleged Insurance Scam Washington Insurance Commissioner Mike Kreidler is looking for residents who might be victims of a Seattle attorney who has been charged ... More West News International Torus Receives Lloyd's Approval to Expand Syndicate 1301 Global specialty insurer Torus announced from its office in London that its Syndicate 1301 business plan for 2014 has been approved by ... Quinn to Step Down as Swiss Re Group CFO to Become CFO at Zurich Swiss Re's Board of Directors announced that Group Chief Financial Officer George Quinn will step down from his role, effective April 30, ... China Eases Rules to Boost Yuan-Denominated Foreign Investment China's commerce ministry has simplified rules to make it easier for foreign firms to use Chinese renminbi they raise offshore to invest in ... More International News 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 Broker fees Posted: Mon Dec 16 -- As long as the fee is measurable with the work being done it should be good. If you are say charging a $10,000 fee in this case you should... NYagent301 Christmas Bonus? Posted: Mon Dec 16 -- I'm of the opinion that a X-mas bonus should be a sincere effort on the part of the business owner to express gratitude for a job well done... d's insurance store Lakefront Motels Posted: Sun Dec 15 -- If you still need help feel free to get in touch, I have a few markets that love this type of risk. ABMCalifornia SEO and buying back links Posted: Sun Dec 15 -- I would never recommend buying links. If there's one thing I learned over the past five years it's don't ever try to trick Google into... ABMCalifornia errors and omision Posted: Sun Dec 15 -- Justin, I'm not sure what state you plan on doing business in but if you have not already been helped feel free to get in touch. I've taken... ABMCalifornia New Insurance Agency Posted: Fri Dec 13 -- A couple of more resources, one rarely mentioned but I know they help a lot of independent agencies: agentequity.com. specifically their... gregg@prospect Floating Home GL in Oergon Posted: Thu Dec 12 -- Hi... I have a licensed contractor in Oregon building a new home on a floating platform which is permanently docked in a marina. This will... Paul_Graham Illinois Midwest Work Comp- tool mfg 3099 Posted: Wed Dec 11 -- My understanding is that Illinois Midwest will only work with contracted retail agencies. I used to have a few policies with them through a... ocbroker Go to Forums Reader Comments Family of North Carolina Teen Killed by Stray Bullet Sues Gunmaker Posted: Wed Dec 11 -- I don't own a gun (not against them) but isn't checking for bullets before cleaning a gun the first item on the "gun cleaning" checklist? SWFL Agent Probation Sentence in Texas Teen's Fatal DWI Wreck Stirs Ire Posted: Fri Dec 13 -- It starts out very innocently. Conservatives make the case that the top 1% of Americans are job creators and that reducing their taxes will... naksuthin South Carolina Jury Awards $890K to Man Wrongly Accused by Condo Board Posted: Mon Dec 16 -- Good for Mr. King. These condo association board members think they are the big guy in the sky, judge and jury. Not all, but most are... Serves them well Obamacare November Enrollment Tops 250,000; Sebelius Seeks Probe of Botched Launch Posted: Sat Dec 14 -- Well Insurance 102 I don't care what to like kind gender do to eat other as long as they don't flaunt their orientation in my face or try to... Sargeant Major Drilling Boom Leaves Some Neighbors with Damages, Depressed House Values Posted: Thu Dec 12 -- Doesn't Los Angeles have zoning ordinances? If so, does the zoning allow industrial operations in residential neighborhoods? Do the drillers... Boonedoggle Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue December 16, 2013 The Charity Issue - 10% of Net Sales Go to IICF & City of Hope; Photos of Your Organization Involved in Charity Work; Insurance Heroes 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 Insurance Agent - Work From Home Commercial Lines Account Manager Commercial Lines Underwriter - Middle Market Field Marketing Representative 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.