Daily Headlines: Friday, August 2, 2013

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August 2, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Will Obamacare Really Hurt Workers? A top U.S. healthcare official on Thursday challenged claims by Republican lawmakers that the country's healthcare reform law is causing ... AIG Reports 17% Increase in Profit; Issues First Dividend Since 2008 American International Group Inc. announced its first capital return since its 2008 bailout, through a dividend and share buyback, sending ... Why Scientists Are Causing Earthquakes Earthquakes never occur when needed so a team led by Johns Hopkins structural engineers is shaking up a building themselves in the name of ... Judge Dismisses Lawsuit Against Dodd-Frank by 11 States and Texas Bank A lawsuit by 11 states and a Texas bank challenging the Dodd-Frank law's financial regulation overhaul was dismissed by a federal judge. ... How Health Law Could Affect Medical Professional Liability The U.S. medical professional liability (MPL) market has been profitable in recent years but challenges await MPL insurers because an influx... Top 10 Workers Comp Writers Have Varying Results: Fitch A review of statutory underwriting results for the top 10 writers of workers compensation at year-end 2012 reveals... More National News East Penn. Insurance Department Collects $343K in Penalties, Fines in Q2 The Pennsylvania Insurance Department collected more than $343,000 in penalties and fines, as well as more than $73,000 in restitution ... AIG to Move Headquarters to Nearby Water Street in Lower Manhattan, NYC American International Group Inc., the insurer that reinstated a dividend yesterday, will move its headquarters to a building it owns at ... New York Aims to Spur $3B in Private Loans for Sandy Aid The state is taking actions aimed at generating more than $3 billion in private sector loans for Superstorm Sandy rebuilding, Gov. Andrew ... HUD OKs First Part of Rhode Island's Sandy Recovery Plan The U.S. Department of Housing and Urban Development has approved the first stage of Rhode Island's disaster recovery plan following ... More East News Midwest Illinois Man Repays Insurance Money With 4 Tons Of Coins A southern Illinois businessman has paid off part of a court-ordered legal settlement with nearly four tons of quarters packed into dozens ... Obama OKs Disaster Declaration for 10 Iowa Counties President Barack Obama has declared a major disaster exists in 10 eastern Iowa counties hit by storms and flooding in June. The White House ... Illinois Governor Announces $190 Million In Flood Help Gov. Pat Quinn says $190 million in federal grants and loans will be awarded to help Illinois residents and businesses in 35 counties ... More Midwest News Southeast South Carolina Governor Celebrates Police Dog Liability Law Gov. Nikki Haley traveled Upstate Thursday for a signing ceremony for a new South Carolina law giving police K-9 units some protection in ... $900K in Hazard Mitigation Funds Available in Alabama Residents in eight Alabama counties will have an opportunity to safeguard their homes from severe weather. Gov. Robert Bentley said ... More Southeast News South Central Hummel and Grove Join SWBC in Texas Linda Hummel and Andrew Grove have joined SWBC in San Antonio, Texas. Hummel, a healthcare industry veteran, joins SWBC as CEO of the ... Texas Business Indicted on Workers' Comp Fraud Charges A Travis County, Texas grand jury has indicted Mark Edward Helm and McClanahan Drywall Inc., of Emory, Texas, on workers' compensation ... $790K Grant Funds Evaluation of Sea Level Rise in Upper Texas Coast The Harte Research Institute for Gulf of Mexico Studies (HRI) at Texas A&M University-Corpus Christi has received a $790,000 grant from the ... Oklahoma Insurance Commissioner Hosts Recovery Roundup in Moore Central Oklahoma storm survivors still dealing with insurance issues are invited to a recovery assistance event hosted by the Oklahoma ... August is the Most Dangerous Month for Texas Workers August is the most dangerous month of the year when it comes to on-the-job injuries, according to an analysis of  claims data in Texas ... More South Central News West Colorado Clinic Reports Breach Of Privacy Rules A Denver-area spine clinic says it has fired an employee in its billing department who improperly emailed some patients' protected ... Starley Leavitt Insurance Taps Schenk in Idaho Chris Schenk has joined Starley Leavitt Insurance Agency in Twin Falls, Idaho. Schenk will focus on home and auto, life, health and ... XL Names McConico a Manager in California; Promotes Schlageter in West XL Group named Mark McConico as vice president and underwriting manager for XL's U.S. risk management group in Los Angeles. XL Group ... Lockton Names Squire Senior Vice President, COO in Colorado Lockton Denver named Brock Squire senior vice president and chief operating officer of its benefits practice. Brock is responsible for ... More West News International QBE Sets Aside 'Immediate Needs' Payouts for Spain Train Crash Victims Australian insurance group QBE said on Thursday it had set aside €2.75 million [$3.64 million) for the immediate needs of those affected ... Oil Explosion in Quebec Train Crash 'Abnormal' Says Investigator As investigators seek reasons for the deadly train crash in Lac-Megantic, Quebec, last month and the huge "abnormal" fire it caused, they ... RSA Posts Lower than Estimated Profit as Investments Decline RSA Insurance Group Plc, the U.K.'s biggest non-life insurer by market value, posted a 14 percent increase in first-half profit, missing ... UK's Miller Appoints Quy as Producer for Cyber Cover UK-based specialist insurance and reinsurance broker Miller Insurance Services LLP announced the appointment of Tom Quy, a specialist ... Ratings Recap: Patria Re, Arab Insurance, Provident Insurance (NZ) A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of 'A-' (Excellent) and issuer ... More International News Join the Insurance Journal Network Insurance Journal TV From 3D Printing to Driverless Cars: Emerging Risks on the Horizon New technology is happening all the time, and with that comes new risks, says Graeme Newman,... Watch Now Oklahoma Opens Up to Captive Insurers Oklahoma this year will join the ranks of other states that aim to attract and keep captive... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Student Habitional Indiana Markets needed Posted: Thu Aug 1 -- I have an admitted market that will write them up to $30 mil per location and package it with the GL. Give me a call to discuss. Aaron R.... aasquith Which form to write D&O coverage on- opinion needed Posted: Thu Aug 1 -- Thank you Bill. Good advice. ALS Hotels in Ca Posted: Tue Jul 30 -- CIG californiadude Need comp in ca code 5474 painting Posted: Tue Jul 30 -- Have you tried Arrowhead General? californiadude comp in ca for unarmed security firm Posted: Mon Jul 29 -- Hi Trotter! We had to market a similar account, on a smaller scale last month and we were successful! The Workers Comp portion was difficult... pnik33 Why I believe in insurance agents Posted: Sat Jul 27 -- Why don't doctors and lawyers advertise with cheesy cartoon characters? Emma Go to Forums Reader Comments Dead Farmers Get Millions in Federal Crop Insurance Payouts Posted: Tue Jul 30 -- Now if the headline had been, "Dead Welfare and Food Stamp Recipients received Millions in Benefits," you know this article would be... Celtica Jury Awards Oregon Woman $18.6M Over Credit Report Posted: Mon Jul 29 -- Well deserved- the punitive verdict is necessary to act as a deterrent- Federal Law Mandated corrective action which obviously was ignored... Jack Straw U.S. Court Rejects Firm's Challenge to Obamacare Contraception Mandate Posted: Wed Jul 31 -- Oh. My. God. Are you SERIOUSLY saying that MEN have had it worse over the years, than women? And that it's WOMEN'S FAULT??? And you're... BS Ralph Nader Planning Tort Law Museum Posted: Thu Aug 1 -- Speaking of gas cans, here's a great real claim. Daddy is out mowing the lawn one day. Four year old junior sees him. Daddy runs out of gas... Dave Halliburton Pleads Guilty to Destroying Gulf Oil Spill Evidence Posted: Mon Jul 29 -- Trashy? Trash talk, maybe. But that doesn't mean it ain't true, Bob! Libby Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue July 22, 2013 Excess, Surplus & Specialty Markets Directory, Volume II 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 Personal Insurance Sales Representative Personal Insurance Sales Representative Customer Service Representative Chief Underwriting Officer 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.

Daily Headlines: Thursday, August 1, 2013

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August 1, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National P/C Industry Faces Challenges If Terrorism Coverage Not Renewed: Fitch If Congress fails to renew or makes significant changes to the federal government's terrorism risk insurance program, some insurers will be ... Ralph Nader Planning Tort Law Museum Ralph Nader has a new cause. After dedicating nearly half a century to battling businesses over almost everything from dangerous products ... Senate Bill on Chemical Safety Runs Into Roadbloack A bipartisan measure on federal toxic chemical standards would undercut state efforts, the head of a Senate committee said in comments that ... Testing of Health Exchanges' Technology Planned for September The Obama administration is preparing to subject the information technology backbone of the new state and federal healthcare exchanges to ... Allstate's Investments Up, Disaster Costs Down in Q2 Allstate Corp., the largest publicly traded U.S. auto and home insurer, said second-quarter profit climbed on investment gains and reduced ... How Health Law Could Affect Medical Professional Liability The U.S. medical professional liability (MPL) market has been profitable in recent years but challenges await MPL insurers because an influx... How Topgrading Helped One Commercial Insurer Hire Nearly All 'A'-Level Managers Argo Group has nearly doubled its hiring of topnotch, "A"-level managers over the past five years, using a hiring... More National News East New York's MTA Obtains $200M of Protection With Catastrophe Bonds The Metropolitan Transportation Authority, which suffered $4.8 billion in damage from Superstorm Sandy last year, obtained $200 million of ... Hanover Q2 Profit Rises to $53M, Says Pricing Environment Still Strong The Hanover Insurance Group Inc. reported net income of $53.4 million for the 2013 second quarter, an increase of 157 percent compared to ... Selective Insurance Q2 Profit Advances to $27M Selective Insurance Group Inc. reported $27.1 million net income for its 2013 second quarter, improving from $0.3 million net income during ... HUD Revises Policy for Reimbursing N.J. Home Repairs Federal officials have revised policies that were keeping some New Jerseyans affected by Superstorm Sandy from receiving funds they were ... FEMA: $3.7B in NFIP Payments Made to N.Y. Claimants Post-Sandy The Federal Emergency Management Agency announced this week that so far, nearly $3.7 billion in National Flood Insurance Program payments ... More East News Midwest Ex-Insurance Agent From Iowa Indicted On Mail Fraud Counts A former Marshalltown, Iowa insurance agent has been indicted on federal mail fraud charges after being accused of defrauding customers for ... Traffic Deaths Continue to Rise in Minnesota The number of people killed on Minnesota roadways is on the rise again. State officials say there have been 204 deaths already this year. ... Officials: Michigan Levee may get $1.5M upgrade Officials in Frankenmuth, Mich. say a levee designed to protect areas of the city along the Cass River from flooding may need a $1.5 ... Northwestern Settles Cancer Research Whistleblower Fraud Claim Federal prosecutors in Chicago have announced Northwestern University has agreed to pay nearly $3 million to settle a whistleblower's ... 2013 Already a Deadly Year at Iowa Rail Crossings The number of railroad crossing deaths in Iowa this year already is higher than what is typical for an entire year, but it's not clear why ... More Midwest News Southeast South Carolina Man Must Pay $75K for Defamation for Forwarding Email A North Charleston man has been ordered to pay $75,000 to best-selling author Fern Michaels for defamation. The Herald-Journal of ... More Southeast News South Central Oklahoma Insurance Commissioner to Host Recovery Roundup in Moore State insurance officials are planning an event to help central Oklahoma residents who are still dealing with insurance issues involving ... University Of Central Oklahoma to Co-Host 2014 Tornado Summit The University of Central Oklahoma has been selected as a co-host of the 2014 National Tornado Summit. The summit serves as a forum for ... Dean Takes Reins at Dean & Draper in Texas Houston, Texas-based Dean & Draper Insurance Agency LP announced that Kyle Dean has taken the helm as president and CEO in the wake of Bob ... More South Central News West Judge Rejects California Suit Against Timber Co. Over Fire A Plumas County judge has dismissed a state lawsuit against California's largest timber company for a 2007 wildfire that destroyed more ... Guide to Help Hawaii Boaters Prepare For Disasters Hawaii boaters have a new guide to help them protect themselves and their vessels from natural disasters. The University of Hawaii and the ... Poms Names Tynan Vice President in Colorado Poms & Associates Insurance Brokers Inc. named Casey Tynan vice president of business development in its Denver, Colo. office. Tynan will ... Montana Offers Tax Relief For Disaster Damages Montana tax officials say property owners with damage to their homes or forestlands from recent natural disasters can apply for property ... Judge Won't Toss $70M Jury Award Against Las Vegas Sands A Hong Kong businessman is one step closer to collecting a multibillion-dollar award from Las Vegas Sands Corp., the largest U.S. casino ... More West News International Cat Bond Issuance Hits 6-YearHhigh: Aon Benfield ILS Report Aon Benfield Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, has issued it ... CP Rail Subcontracted to MMA in Quebec Train Crash; Coverage an Issue Canadian Pacific Railway, hired to transport oil from North Dakota to New Brunswick, subcontracted part of the job to the small railroad ... Corporate 'Sleuths' on Edge after China Detains Foreign Consultants The detention by Chinese authorities of a British corporate investigator and his American wife in the wake of a corruption probe into ... Corporate 'Sleuths' on Edge after China Detains Foreign Consultants The detention by Chinese authorities of a British corporate investigator and his American wife in the wake of a corruption probe into ... Fairfax Provides American Safety with Waiver under Merger Agreement Bermuda-based American Safety Insurance Holdings, Ltd. announced that Fairfax Financial Holdings Limited has provided the company "with a ... More International News Sponsored Content American Claims Management Wins El Camino Hospital Contract San Diego, CA, 08/01/13 - American Claims Management Inc. (ACM), a national third party administrator (TPA), has been selected as the ... More Sponsored Content Insurance Journal Blogs Unlocking prospect information to win business  Information gathering strategies Unlocking prospect information is a critical skill set that separates the best agents from rest. Recent ... More Blogs Join the Insurance Journal Network Insurance Journal TV From 3D Printing to Driverless Cars: Emerging Risks on the Horizon New technology is happening all the time, and with that comes new risks, says Graeme Newman,... Watch Now Oklahoma Opens Up to Captive Insurers Oklahoma this year will join the ranks of other states that aim to attract and keep captive... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Which form to write D&O coverage on- opinion needed Posted: Thu Aug 1 -- Thank you Bill. Good advice. ALS Student Habitional Indiana Markets needed Posted: Thu Aug 1 -- Does any now of any company that will right Student apartments in IN? thanks for the help! Melowen3 Hotels in Ca Posted: Tue Jul 30 -- CIG californiadude Need comp in ca code 5474 painting Posted: Tue Jul 30 -- Have you tried Arrowhead General? californiadude comp in ca for unarmed security firm Posted: Mon Jul 29 -- Hi Trotter! We had to market a similar account, on a smaller scale last month and we were successful! The Workers Comp portion was difficult... pnik33 Why I believe in insurance agents Posted: Sat Jul 27 -- Why don't doctors and lawyers advertise with cheesy cartoon characters? Emma Trying To Place: Public Livery Delaware Posted: Fri Jul 26 -- I have a complete application and loss runs for an account that does non-emergency medical transportation. They have been in business for 12... DIG2013 Go to Forums Reader Comments Dead Farmers Get Millions in Federal Crop Insurance Payouts Posted: Tue Jul 30 -- Now if the headline had been, "Dead Welfare and Food Stamp Recipients received Millions in Benefits," you know this article would be... Celtica Jury Awards Oregon Woman $18.6M Over Credit Report Posted: Mon Jul 29 -- Well deserved- the punitive verdict is necessary to act as a deterrent- Federal Law Mandated corrective action which obviously was ignored... Jack Straw U.S. Court Rejects Firm's Challenge to Obamacare Contraception Mandate Posted: Wed Jul 31 -- Oh. My. God. Are you SERIOUSLY saying that MEN have had it worse over the years, than women? And that it's WOMEN'S FAULT??? And you're... BS Woman Awarded $775K After Tripping At Vegas Casino Posted: Tue Jul 30 -- Speed bumps are meant to slow people down. She wouldn't have tripped if she was walking slower. Cheetoh Mulligan Halliburton Pleads Guilty to Destroying Gulf Oil Spill Evidence Posted: Mon Jul 29 -- Trashy? Trash talk, maybe. But that doesn't mean it ain't true, Bob! Libby Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue July 22, 2013 Excess, Surplus & Specialty Markets Directory, Volume II 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 Personal Insurance Sales Representative Personal Insurance Sales Representative Customer Service Representative Chief Underwriting Officer 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.

New Markets Daily: Thursday, August 1, 2013

Having trouble reading this email? View it in your browser. Not interested anymore? Unsubscribe Instantly.    Market Directory | Featured Articles | Latest Forums | Ask a Question August 1, 2013 Market Announcements Non-Profit Organizations MexiPass provides International and Mexican insurance and Risk Management services to all independent insurance producers in America. States: All states View details Aviation Our aviation division combines underwriting expertise with real piloting experience for a truly comprehensive and cost-effective risk... States: AL, AR, AZ, CT, DC, DE, FL, GA, IN, KY, LA, MA, MD, ME, MO, MS, NH, NJ, NY, OH, OK, PA, RI, SC, TN, TX, VA, VT, WV View details How To Write Podcast: Workers' Compensation In this podcast, DeLynn Trivison, SVP Sales and Marketing, discusses the company's workers' compensation offering and positioning in the marketplace. Listen Now Beauty For more than 85 years, SASSI, Salon & Spa Specialty Insurance Agency, (formerly Hairdressers Agency), a division of W.H. Brownyard... States: All except AK, HI, VA, WA View details High-Value Homes and Condominiums Arlington/Roe & Co. specializes in Hard-to-place, high-value homes and condominium general coverage, including autos, excess and... States: All states View details A&M Commercial Contractors Market Most Commercial Contractors including Roofing, Structural Steel, Apartments, Incidental Custom Home (up to 5). Primary wording CG 2010... States: CA View details Feature Articles How Health Law Could Affect Medical Professional Liability The U.S. medical professional liability (MPL) market has been profitable in recent years but challenges await MPL insurers because an influx... Read more W.R. Berkley Q2 Profit Up 6%; Rates Up 6.5%; CEO Comments on Berkshire W.R. Berkley Corp. reported $116 million net income for its 2013 second quarter, up more than 6 percent from $109 million net income posted... Read more LIU, CloudInsure Tackle Cloud Computing Coverage Gaps A new insurance partnership between Liberty International Underwriters and CyberRiskPartners' CloudInsure will provide insurance backing for... Read more Latest Forums Re: Medical transcribing in emergency rooms Thanks for the response. It turns out they are not located in California. I walked away from the account. by benkins on Wed Jul 31, 2013 *URGENT* Commercial Confinement Swine Farm Coverage Needed Hello,I still need to place several commercial confinement swine farm risks. They are located in Oklahoma. Property and GL if... by Ronb541 on Mon Jul 29, 2013 Need work comp for limo biz in nevada I have a limousine risk in Nevada that needs workers comp. They are a new venture with 3 drivers and only 2 vehicles. If you have a... by lfuentes on Mon Jul 29, 2013 Medical transcribing in emergency rooms I need a GL ,E&O, D&0 for  medical records transcribing. Multi state located in California. New in business. by benkins on Mon Jul 29, 2013 Ask a Question Join the conversation, ask your question to our community of more than 15,000 property casualty professionals. Get started today!   Member Tools Know someone who might be interested in the email? Why not forward this email to a friend. Find exactly what you need. Search our database of more than 700 companies and 22,000 market listings. Login to your MyNewMarkets account. Not a member yet? Sign up now! Connect with MyNewMarkets Click here to forward this email to a friend. MyNewMarkets.com Daily newsletter combines our comprehensive market database with industry and coverage overviews to give agents a deep resource to educate and connect with opportunities. Unsubscribe anssby.insurance@blogger.com from this list. Contact Us: 3570 Camino del Rio N Ste 200 San Diego CA, 92108 (800) 897-9965 Copyright (C) 2013 Wells Media Group, Inc. All rights reserved.