Daily Headlines: Tuesday, July 31, 2012

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July 31, 2012

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Today's Headlines National Distracted Pedestrians Stumble Into Danger A young man talking on a cellphone meanders along the edge of a lonely train platform at night. Suddenly he stumbles, loses his balance and ... U.S. Boat Thefts Decline According to a new report issued by the National Insurance Crime Bureau (NICB), there were 6,070 watercraft* thefts reported stolen between ... Why Some Types of Multitasking Are More Dangerous Than Others People are better at juggling some types of multitasking than they are at others, according to a new study that has implications for ... More National News East Rhode Island Hosts Hurricane Training Simulation Rhode Island emergency management officials are testing the state's response to a major hurricane. The state's National Guard and Emergency ... Eastern Pennsylvania Sinkhole Prompts Evacuations Several dozen people in eastern Pennsylvania have been forced to find new homes at least temporarily after a sinkhole opened under their ... Virginia’s Low Workers’ Comp Costs Affected by Rising Medical Prices Although overall workers' compensation costs to employers in Virginia are lower than most states, costs for medical treatment for injured ... More East News Midwest Flood Damage to Northeastern Minnesota Parks Totals $20M Last month's heavy flooding in northeastern Minnesota caused an estimated $20 million in damage to Duluth's parks and left the city's ... Illinois Man Dies After Workplace Fall Authorities in east-central Illinois are investigating the death of a 51-year-old worker in a five-story fall at a plant in Danville. The ... ‘Smart Chicken’ Trademark Lawsuit Continues A federal judge has refused to dismiss a lawsuit filed by a Nebraska company to protect its "Smart Chicken" and other trademarks. The ... Michigan Lawsuit Claims Arizona Cardinals Player Beat Bar Patron Arizona Cardinals defensive end Ronald Talley is accused of smashing a champagne bottle on the head of a man at a suburban Detroit, Mich., ... More Midwest News Southeast Florida Regulators Question State Farm's 57% Rate Hike for Landlords Florida regulators are expressing concern over a State Farm Florida proposed statewide average 57.3 percent rate hike in insurance rates ... South Carolina LowCountry Fire Departments Sign Mutual Aid Pact Fire departments in the Charleston, S.C., area are lending each other a helping hand. Five fire departments in the area on Monday sign a ... NTSB: Kentucky Had Complaints About Lighting on Bridge The National Transportation Safety Board says Kentucky had received a warning about downed lights on the Eggner's Ferry Bridge a month ... More Southeast News South Central Bait Vehicle Video Leads to Louisiana Burglary Arrest The Louisiana Department of Insurance reports that a Baton Rouge man has been arrested for allegedly burglarizing a bait vehicle provided ... Southeast Texas Painting Fire Hydrants After Ike A Southeast Texas woman has used colorful paint and her imagination to spruce up a town still recovering from Hurricane Ike. Lucy Fields ... Texas County Launches App to Report Road Issues Harris County, Texas, has launched a mobile application for Android users that allows residents to report road issues, such as potholes and ... More South Central News West Ninth Circuit Court of Appeals Expands Insurer's Duty to Settle Under California Law California courts recognize that every insurance policy issued in the state of California contains an implied in law covenant of good faith ... Jury Orders $187K in Damages in Montana Hospital Lawsuit A jury has ruled that St. James Healthcare in Butte, Mont., is liable for $187,500 in damages for negligence in the 2006 death of a ... 80 Malpractice Claims at New Mexico Hospital Settled About 80 malpractice claims that forced an Alamogordo, N.M., hospital to seek bankruptcy court protection last summer have been settled for ... Insurance Company Sues Montana Diocese An insurance company says it didn't sell policies to the Helena-based Catholic Diocese of Montana and is not responsible for covering costs ... Study: Modern Wildfires Aren’t Bigger Than Past A new study is casting doubt on the conventional wisdom that recent forest fires in the West are bigger and more destructive than those in ... More West News International 2 South Koreans Arrested for Mobile Customer Data Theft South Korean police said they arrested two men who allegedly stole the personal details of about 8 million mobile phone subscribers and ... Train Fire Kills 32 in Southern India A fire swept through a train car packed with sleeping passengers in southern India on Monday, killing at least 32 people and sending ... More International News Connect with Claims Journal

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Daily Headlines: Tuesday, July 31, 2012

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July 31, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National What to Know About the New Flood Insurance Program If it were a dam or a levee, it would have been replaced ages ago. Yet the National Flood Insurance Program (NFIP) has stayed afloat ... US Congressional Negotiators Reach Deal on New Iran Sanctions U.S. lawmakers moved a step closer to finalizing new sanctions aimed at further restricting Iran's oil revenues after negotiators from the ... 5 Ways How Not Using Coverage Checklists Benefits an Agency I've written extensively about how the use of coverage checklists benefits an agency. The benefits include significantly reduced errors ... Concord Specialty Risk Coverage Addresses New IRS Reporting Requirements Powered by InsuranceJournal.tv Managing General Underwriter Concord Specialty Risk, which specializes in reps and warranties insurance,... More National News East N.J. Regulator Conducts Financial Literacy Seminar for Senior Citizens New Jersey Department of Banking and Insurance Acting Commissioner Ken Kobylowski conducted a seminar last week with a group of ... Hundreds of Volunteers Still Helping Vermont Rebuild After Irene Nearly a year after flooding from Tropical Storm Irene devastated villages up and down Vermont's rivers, hundreds of volunteers are ... Md. Catholics Embark on 100-Mile Walk to Protest Birth Control Coverage A Roman Catholic priest from Hancock is leading parishioners on a 100-mile walk to Baltimore to protest an Obama administration policy ... More East News Midwest Early Storm Damage Tally for Ohio Reaches $29M Early reports tallying damage from June storms in Ohio at $29 million have several Ohio cities anxiously hoping for federal disaster ... Arthur J. Gallagher & Co. Acquires Grace/Mayer Insurance Agency Arthur J. Gallagher & Co. announced the acquisition of Grace/Mayer Insurance Agency Inc. in Omaha, Neb. Founded in 1917, Grace/Mayer ... Aon Adds 3 in Indianapolis Office Aon has expanded its Indianapolis, Ind., office with the addition of three professionals. Frank "Skip" Treco joined the office as ... More Midwest News Southeast Citizens Says No to Higher Rates on New Business; Approves 8.9 Percent Rate Hike Officials of Florida's state policyholders-backed insurer turned away from several controversial plans that would have raised rates on ... Facing Paltry Yields, Kentucky Farmers Hope Insurance Will Cover Costs Kentucky agriculture is reeling from a summertime one-two punch of blistering heat and dry conditions, and farmers are feeling the pain ... Georgia Regulators Recovered $4M for Consumers in First Half of 2012 Georgia Insurance Commissioner Ralph Hudgens' office announced that in the first six months of 2012, state regulators assisted 4,100 ... Eastern Alliance Insurance Group Names Gulf South Territory Executive Lancaster, Penn.-based Eastern Insurance Holdings Inc. has appointed Steven Weeks as regional business executive for the Gulf South ... More Southeast News South Central New Louisiana Insurance Laws Address Citizens, Proof of Insurance, DWIs In addition to suspending the 10 percent surcharge rule on property insurance provided by Louisiana's property insurer of last resort in ... Texas-Based CBIZ Stoltz Expands National Energy Practice Midland, Texas-based CBIZ Stoltz has added Mollye Hillman as an account manager and Richard Howard has joined the company as an account ... Oklahoma Drilling Firm Faces Fines for Safety Hazards at Texas Site An Oklahoma-based horizontal drilling company faces up to $55,000 in penalties for safety violations at a drilling site in Jacksboro, ... More South Central News West Insurance Company Sues Helena Diocese An insurance company says it didn't sell policies to the Helena-based Catholic Diocese of Montana and is not responsible for covering costs ... Jury Orders $187K In Damages In Hospital Lawsuit A jury has ruled that St. James Healthcare in Butte is liable for $187,500 in damages for negligence in the 2006 death of a 36-year-old ... New Mexico Pueblo Receives $11 Million in Flood Relief A New Mexico pueblo hit by flooding after a wildfire scorched the area is receiving $11 million in federal assistance. The grant from the ... Malpractice Claims At Alamogordo Hospital Settled About 80 malpractice claims that forced an Alamogordo hospital to seek bankruptcy court protection last summer have been settled for more ... Mercury Reports Net Loss From Increased Severity Mercury General Corp. on Monday reported a net loss for the second quarter driven partly by an increase in severity trends, sending the Los ... More West News International Geneva Association’s Fitzpatrick Warns against Mixing Bank and Insurance Regs After 39 years of gathering, collating and disseminating the facts and figures relevant to the global insurance industry the world's ... Earnings Reports: PartnerRe, Greenlight Re Selected earnings highlights from Bermuda-based PartnerRe for the second quarter and the first six months of 2012 are as follows:   ... Willis Opens New ‘Superyacht’ Office in Barcelona Willis Group Holdings announced the imminent opening of new Superyacht insurance brokerage office at the prestigious MB92 shipyard in ... More International News Insurance Journal Blogs Rate Reform Must Be Key to Shrinking Citizens Albert Einstein once said "a new type of thinking is essential if mankind is to survive and move toward higher levels." Or, as it often ... More Blogs Join the Insurance Journal Network Insurance Journal TV New PURE Program Provides Extra Flooding Services for High-Value Homeowners A new flood coverage suite from Privilege Underwriters Reciprocal Exchange, or PURE, now... Watch Now Agency Capitalizes on Obamacare Shawn Pynes, principal with Barney & Barney, discusses the benefits business following... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums CPCU ?? Posted: Tue Jul 31 -- If you have experience in life issues, what is your goal? it is difficult to maintain an expertise is every line of insurance. I am... mccluney National Agents Alliance? Legit or Keep Away? Posted: Mon Jul 30 -- Dallas Viper should go to work for Farmers Ins. They sell the same load of c--p too. Since he believes in Fairy Tales he would fit right in... Presl70 Independent Agency Growth Rate Posted: Mon Jul 30 -- What would you say the average annual growth rate for your independent insurance agency is? I have read that between ten and twenty percent... WBF Track Your CSR's Daily Sales Activity Posted: Mon Jul 30 -- Please accept my apology in advance if I sound a bit skeptical. Just would like you to verify that you are an "honest-to-goodness" agency... jackwehoca painting contractor in Ca for Comp Posted: Mon Jul 30 -- Insured has been out of force for 45 days approximately. $100000 in payroll. Inside and outside painting class code 5482 No... trotter D&O for Non Profit Posted: Mon Jul 30 -- Do they have a website I can look at? I would have to see a submission to see exactly what their mission is .... Please forward a submission... ceccase AMS360 for accounting? Posted: Mon Jul 30 -- I found these two insurance journal articles to explain a lot about how accounting should function. Then maybe consider which systems can... Riskmaster Go to Forums Reader Comments Former Citigroup Chief Weill Surprises with Call for Break-Up of Big Banks Posted: Thu Jul 26 -- It really is pretty simple TM. These big boys knew the sentiment would be they were too big to fail and the government would come to their... Agent President Obama Declares Disaster for Virginia Storm Damage Posted: Mon Jul 30 -- Funny how Obama declares FEMA assistance to Florida for a small tropical storm, Now Virginia FEMA assistance! Whats next Ohio for a storm... Sarah California Court Reinstates Lawsuit Against Glock Posted: Fri Jul 27 -- Here's a basic formula for all gun owners to memorize: guns + kids = tragedy Ins Guy Obama Administration Says Federal Health Exchanges on Track for 2014 Posted: Mon Jul 30 -- The agenda is still in full swing despite the news that the majority of Americans still oppose it. In November, after we get a new... Agent Texting Driver in South Dakota Charged with Manslaughter Posted: Mon Jul 30 -- Sadly you can pass all of the laws you want but it will only stop the already law abiding, conscientious drivers from texting and talking on... LP Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue July 23, 2012 Excess, Surplus & Specialty Markets Directory Vol. 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 Marketing Representative Commercial Producers Territory Marketing Manager P/C Insurance Editor 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 © 2012 by Wells Media Group, Inc.

New Markets Daily: July 31, 2012

Having trouble reading this email? View it in your browser. Not interested anymore? Unsubscribe Instantly.    Market Directory | Featured Articles | Latest Forums | Ask a Question July 31, 2012 Market Announcements Nutraceuticals/Pharmaceuticals Products liability for primary and excess liability - broad capabilities including ability to include Auto and Workers Comp, ... States: All states View details Wrap Ups Wrap Up Insurance Solutions is a full service wrap-up administrator, consultant and broker for all types of construction wrap ups, ... States: All states View details Auto Liability & Physical Damage Coverage available for all types of commercial vehicles. We can provide the many specialty endorsements and/or coverages required ... States: AL, FL, GA, LA, NC, SC View details Long Term Care Facilities Target Class: Long Term Care Facilities; - Skilled and Intermediate Care (Except AZ, CA, FL, NV); - Assisted and Intermediate ... States: All except MN View details Trucks--Long Haul NAIS writes Local - Long Haul Truck Auto Liability, Cargo, Physical Damage, General Liability, Occupational Accident, and/or WLL ... States: AZ, CA, NV, OR, TX View details Feature Articles Concord Specialty Risk Coverage Addresses New IRS Reporting Requirements Powered by InsuranceJournal.tv Managing General Underwriter Concord Specialty Risk, which specializes in reps and warranties insurance,... Read more Marsh Product Covers Business Interruption Created by Cloud Providers Many businesses are now utilizing third party companies, also known as cloud providers, for information technology services or storing and... Read more New Program Provides Extra Flooding Services for High-Value Homeowners Powered by InsuranceJournal.tv A new flood coverage suite from Privilege Underwriters Reciprocal Exchange, or PURE, now offers another... Read more Latest Forums Dump Truck Company with claims I need AL, GL and property for a small contruction company that has dump trucks. The property is old and includes one old building ... by quackcrow on Mon Jul 30, 2012 New Venture, Garage Liability, garage Keepers, and mobile repairs FL Looking for New Venture in FLorida: Dealer's vehicle Liab 1,000,000Uninsured- 40,000Medical- 5,000Garage CoverageGarage Liability- ... by alawrie on Mon Jul 30, 2012 Re: Need Commercial Auto (Liability Only) for Newer Contractor, with Old Truck Thank you everyone. Turns out I have a carrier that will do it, if it's only liability. I talked with the carrier and the age ... by GaryRCook on Mon Jul 30, 2012 Re: Need Commercial Auto (Liability Only) for Newer Contractor, with Old Truck I've had Travelers write a very small fleet with trucks from 1980's very competitively monoline. by Becky on Mon Jul 30, 2012 Preferred Employers WC I need access to Preferred Employers for WC in CA. Can anyone help?Thanks, Robert310-356-8206 by robkellyucla on Fri Jul 27, 2012 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 sambentley1.ifinancemail@blogger.com from this list. Contact Us: 3570 Camino del Rio N Ste 200 San Diego CA, 92108 (800) 897-9965 Copyright (C) 2012 Wells Media Group, Inc. All rights reserved.

Commercial Auto Pitfalls

Without a doubt one of the most misunderstood policies is the Business Automobile Policy (BAP)? Having trouble reading this email? View it as a webpage. Learn the Common Mistakes Made in BAP and DOC Endorsements Without a doubt one of the most misunderstood policies is the Business Auto policy (BAP). Do symbols 2, 8 and 9 equal symbol 1? Who is an "Insured" really? During this webinar we'll look at a few of the most common mistakes made when writing a BAP - and how to resolve these issues. And no BAP course would be complete without discussing the pitfalls of the DOC (Drive-other-Car) endorsement. Click Here to Register Students in this class will learn: The specifics of the DOC endorsement What the different symbols mean? Who actually qualifies as an Insured When you register, you get: Access to the live webinar Video and audio recordings, so you can watch or listen again Question & Answer session with the instructor Audio download of the webcast Presentation slides download Join us this Thursday, August 2nd for this one-hour training webinar. (PLUS, all registrants will receive video and audio recordings of the webinar, so you can listen/watch again at your convenience.) Space is limited! Click Here to Reserve Your Spot! Regularly priced at $129.00, just $89 when you register today! (special pricing expires August 1st) Have questions or need help? Send an email to webcasts@insurancejournal.com or call Barbara at 800-897-9965 x166. Date: Thursday, August 2nd Time: 1:30pm ET / 10:30am PT Duration: 1 Hour Price: Save $40 until August 1st! Register today for just $89! Click Here to Register Instructor: Terry Tadlock President of Coastal Plains Insurance, LLC More Great Training: TOMORROW: How to Develop Program Business Within Your Agency (2 Part Series) - One of the best ways to grow your agency is by entering into a "Program" business model. Learn the three major steps required to build a successful program business model. AUG 7: Producer Performance Development Program (8 Sessions) - This program is designed for newer producers and will re-energize experienced producers who have lost the edge in developing new business. AUG 8: Understanding E&O Coverage - Join us for a breakdown of the E&O policy form and learn how to properly insure your client's exposures. AUG 9: Risk Management Theory & Applications - Risk management is a process combining methods for reducing or avoiding an undesirable event with sources for covering the adverse financial losses that result from the occurrence of the undesired event. AUG 15: Top 10 Things Agents do Everyday - But Shouldn't - If you've even wanted to turn potential E&O from mere CYA to ROI - or simply wish you could turn everyday chaos into potential growth, this session is for you. Send to a Friend | Contact Us | Subscribe | Unsubscribe | Privacy Policy Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2012 by Wells Media Group, Inc.