Daily Headlines: Tuesday, December 3, 2013

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December 3, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National BP Wins Appeal Over Some Gulf Oil Spill Claim Payments BP Plc won a legal reprieve in its effort to avoid payments to those whose losses were not traceable to the 2010 Gulf of Mexico oil spill, ... Chamber Calls for Stricter Rules on Systemic Risk Designations on Insurers The U.S. Chamber of Commerce is calling for rules that would make it more difficult for a group of regulators to subject financial ... Healthcare.gov Attracts 800,000 Visitors As Operation Improves More than 800,000 visitors gave the hobbled Obamacare website another chance as the government continued to work on software repairs, ... AmWINS to Acquire Bliss & Glennon and eReinsure from Fortegra North Carolina-based insurance wholesaler AmWINS Group Inc. has agreed to a deal with Fortegra Financial Corp. to acquire both Bliss & ... MarshBerry: Decreasing Agency Balance Sheet Value - Positive Impact? Despite significant optimism about key market fundamentals, year-over-year agency valuation increases and agency performance metrics, ... Snell Named Chief Operating Officer at CGS&C Terri Snell has been appointed chief operating officer (COO) of Cooper Gay Swett & Crawford (CGSC). Snell has held the position of chief ... Aspen US Insurance Appoints AIG's Menelly As Marketing Director Aspen US Insurance has named Douglas Menelly as senior vice president of marketing. He will report to Bob Rheel, executive vice president ... McDonald Named Head of Oliver Wyman; Drzik Moves to Marsh Global Unit Marsh & McLennan Cos. promoted Scott McDonald to be the new head of its Oliver Wyman Group subsidiary. McDonald, who has been serving as ... Glatfelter Expands Private, Charter School Program Glatfelter Public Practice (GPP) has expanded its private and charter school insurance program with specialized coverage for private ... R-T Specialty Completes Merger with Wholesale Broker Westrope Chicago-based national wholesale insurance broker R-T Specialty said it has completed its merger with another wholesale broker Westrope, ... 10 Things to Know About Pollution Liability  In 2013, pollution liability news included: a $500 million cleanup plan for N.Y.'s Gowanus Canal; a $47 million cleanup plan for the... Pacific Specialty's CEO: Working within Limits, Reengaging Independent Agents When employees of Pacific Specialty Insurance Co. bemoan the fact that they don't have a ton of money to spend on sales... More National News East New York Metro-North Becomes Inquiry Magnet After Held Up as Rail Model Two years after being singled out for international honors, Metro-North Railroad finds itself facing a wave of retirements, under three ... N.J. Regulator Approves 3.6% Average Workers' Comp Rate Increase in 2014 New Jersey's Compensation Rating And Inspection Bureau recently announced the state insurance commissioner's approval for the workers' ... $40M Steel Sea Wall Project for Mantoloking, N.J., Could Start Next Year Construction of a steel sea wall could start early next year in one of the Jersey shore towns hardest hit by Superstorm Sandy. Bob ... The Iroquois Group Names New York State Regional Manager The Iroquois Group, a network of independent insurance agencies, appointed John Perry as a regional manager in New York State. Perry has an ... Aon Risk Solutions Announces Promotions in Northeast Region Aon Risk Solutions, the global risk management business of Aon plc, recently announced promotions within the firm's Northeast regional ... More East News Midwest Immediate Notice Required, Euthanasia Allowed in Equine Mortality Policies The main difference between livestock, or equine, mortality insurance and human life insurance is that a livestock owner, subject to ... Local Gas Drilling Laws Get a Key Airing in Ohio A closely watched lawsuit in Ohio is asking a question that's burning in cities and towns throughout shale country: Can regulations in ... Marsh & McLennan Agency Acquires Michigan's Cambridge Property & Casualty Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., announced the acquisition of Cambridge Property & Casualty, ... More Midwest News Southeast Florida Congressman Proposes Disaster Savings Accounts A Florida congressman is calling for the creation of a new federal tax-free savings account that will allow homeowners to set aside up to ... More Southeast News South Central TWFG Acquires Ward Business Insurance The Woodlands, Texas-based TWFG has acquired Ward Business Insurance, located in the Kingwood/Humble, Texas area. TWFG's proprietary agency ... IBTX Risk Services, Insphere Global Partners and HR Benefits to Merge IBTX Risk Services, Insphere Global Partners and HR Benefits (formerly member companies of Independent Insurance Group), all based in ... Texas Regulators Post Summaries of Property/Casualty Insurance Bills for 2013 The Texas Department of Insurance has posted information and brief summaries of selected bills enacted during the 83rd Legislative regular ... More South Central News West AmWINS to Acquire Bliss & Glennon in California from Fortegra AmWINS Group Inc. has reached a definitive agreement with Fortegra Financial Corp. to acquire Bliss & Glennon, an excess and surplus lines ... ECC Insurance Brokers Names Elliot Senior VP in Colorado ECC Insurance Brokers Inc. named Debbie Elliott senior vice president of financial services. Elliott will be in charge of opening and ... More West News International Bali Talks to Decide WTO's Fate Crisis is the natural state of world trade negotiations. But this week will be different. Ministers meeting in the Indonesian resort of ... France to Allow Private Security on Shipping Fleet France will allow private security forces to protect its shipping fleet against the threat of piracy, Prime Minister Jean-Marc Ayrault said ... Catlin Sponsors Antarctic Trek by Wounded UK Military Veterans A group of wounded servicemen and women who have begun an unprecedented expedition across Antarctica will be protected by insurance ... Aon Benfield's Impact Forecasting Launches Netherlands Flood Model Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has announced the launch of the "first ... Willis Places Innovative Australian Weather Transaction for Roy Hill Willis Group Holdings announced the placement of "an innovative derivative-based risk transfer solution to protect Roy Hill Holdings Pty ... 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 Help Finding Car Insurance Average Coverage Stats? Posted: Mon Dec 2 -- I was wondering if anyone might be able to help me with an insurance question regarding automobile policy statistics. Ive been trying to... anabellelee NY Workers Comp For Concrete/Excavation Contractor Posted: Mon Dec 2 -- I'm looking for a market other then NYSIF to place this account. Payroll is over 100k and owner will give out payroll processing if he can... Nyr085 Alternative to hotels for displaced clientele Posted: Sun Dec 1 -- Hello, I'm new to this site, thanks for so many excellent comments on so many topics. Here's my question, hopefully someone can steer me in... icansolvetheproblem Illinois Midwest Work Comp- tool mfg 3099 Posted: Tue Nov 26 -- HI does anyone know where I can BOR a work comp policy for Illinois Midwest for a CA policy? The class code is 3099 tool mfg NOC and... pcbroker Parachute Rigger Insurance Posted: Tue Nov 26 -- Greatest answer ever given on this board!!! LOL! dgarzoli Technology Question - Submission Management Posted: Sat Nov 23 -- I am looking for the right application submission system for our agency. We are a wholesaler with an exclusive product. - Dashboard for us... InsureTime How to insure a client that use Uber or Lyft Posted: Fri Nov 22 -- I have sent emails and facebooks messages to Uber and Lyft and they don't respond because THEY HAVE NOTHING! Lyft's website says: $1,000,000... yoyowordup Go to Forums Reader Comments Tower Group to Cut 140 Jobs After Q2 Loss Due to Reserve Charges Posted: Mon Dec 2 -- Amen to that. If were among the 90% left, I'd be looking elsewhere pronto! Libby Coast Guard Has No Duty to Undertake Rescue Efforts, Court Ruless Posted: Thu Nov 28 -- So, let me understand this courts decision, in all my 20 years serving in the Coast Guard , I didn't have any obligation to answer a call to... Poppa Dukes Players Union Tells NFL to Expect More Injury Lawsuits Posted: Mon Dec 2 -- Why don't they just tell the players that the league is folding because the sport is too dangerous? I'm sure that will go over well. jilly Hogs Damaging Levees in Louisiana's Jefferson Parish Posted: Tue Nov 26 -- Shoot them and feed give the meat to the homeless. Solve two problems. CSP Judge Orders Sriracha Plant to Partially Shut Down Posted: Wed Nov 27 -- But, the cement plant, coal factory, or whatever right down the street that's putting TOXINS in the air is OK? 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