Daily Headlines: Friday, September 28, 2012

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September 28, 2012

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Today's Headlines National Doctors Help When Older Drivers Give Up Keys Families may have to watch for dings in the car and plead with an older driver to give up the keys - but there's new evidence that doctors ... Rental Firms Agree Not to Rent Recalled Cars Leading U.S. car rental companies have agreed to back Senate legislation to pull vehicles from the road when recalled for safety defects, ... Merck Agrees to Settle Coppertone Class Action Suit Merck & Co has agreed to pay between $3 million and $10 million to settle a nearly decade old class-action lawsuit that alleged the company ... More National News East New Maryland Moped Helmet Law Goes Into Effect Monday Maryland moped riders will have to wear helmets and eye protection beginning Monday. The new law also requires that motor scooters and ... New Hampshire Woman Gets Jail Time for Submitting Fake Bills A New Hampshire woman who fabricated bills for medical care and massage treatment in a worker's compensation settlement will spend a year ... Virginia Police: Inspection Decals May Fade in Sun The Virginia State Police is notifying authorities statewide about ink on some vehicle inspection stickers fading or disappearing when ... More East News Midwest Family of Megabus Fatality Files Lawsuit The family of a University of Missouri graduate student who was killed when a Megabus slammed into a bridge pillar along an interstate in ... Nebraska High Court to Hear Police Chase Suit Appeal The Nebraska Supreme Court will decide whether a man injured in the crash of a car being chased by Platte County sheriff's deputies is ... Officials Blame Contractor for Iowa Fire Fire officials say sparks from a grinder ignited a fire that destroyed a building near the town square in downtown Centerville, Iowa. The ... Illinois Laptop Company Accused of Spying on Customers Illinois' attorney general and the Federal Trade Commission have agreed on a settlement with an Illinois company accused of using computer ... More Midwest News Southeast Kentucky Doctor Suspended After Patient Deaths Kentucky medical officials have suspended the license of a Florence physician after 14 of his patients died from drug overdoses. The ... West Virginia Gets Grant for Prescription Drug Monitoring West Virginia is getting $450,000 in federal funding to support its prescription drug monitoring project. The funding is from the U.S ... Few Violators Nabbed After Alabama's Texting Ban Takes Effect Law officers in some eastern Alabama jurisdictions have yet to issue any citations under the state's new law banning texting and driving. ... Mississippi Offers Driver Test App The Mississippi Department of Public Safety has partnered with Mississippi Interactive LLC to offer a driver's practice test application ... More Southeast News South Central School Bus Changes Made at Louisiana High School Louisiana's Lafayette High School has made several changes in the way buses run to keep students safe. The changes come after the Sept. 20 ... Records: Texas Home Where 4 Died Had Repeated Violations Records show that a San Antonio, Texas, group home where four men died in a fire in August had chronic violations of safety requirements, ... Texas Mutual Insurance Names Osmond Claims Manager in Dallas Workers' compensation insurance provider, Texas Mutual Insurance Co., has hired Timothy Osmond as claims manager in Dallas. Osmond will be ... More South Central News West Fatal Las Vegas Bus Stop Crash Driver Was Drunk Prosecutors say a third blood test shows a 23-year-old driver had a blood-alcohol level of 0.087 percent when he plowed a car into a ... Fire at California Jewelry Plant Causes $10,000 in Damage A fire at a San Diego County, Calif., jewelry plant forced more than 30 workers to flee and caused an estimated $10,000 in damage. U-T San ... Idaho Woman Claims She Was Dragged Behind Bus A northern Idaho woman is suing Kootenai County and a public transportation system alleging that she was dragged behind a bus during a stop ... More West News International Arsenal's Santos Banned From Driving for Year Arsenal defender Andre Santos has been banned from driving for a year after admitting to speeding at up to 145 mph (234 kph). The Brazil ... At Least 14 Killed in Nigeria Gasoline Tanker Fire Police in north central Nigeria say at least 14 people have died after a gasoline tanker caught fire and exploded. The Niger State police ... More International News Connect with Claims Journal

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Daily Headlines: Friday, September 28, 2012

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September 28, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Employer Costs for Employees Lowest in South, Highest in Northeast Total employer costs for employees in private industry ranges from $26.14 per hour in the South to $32.98 in the Northeast. According to ... Prudential to Pay $615 Million for Hartford's Life Insurance Unit Prudential Financial Inc. will buy the individual life insurance business of Hartford Financial Services Group Inc. for $615 million in ... Rental Firms Agree Not to Rent Recalled Cars Leading U.S. car rental companies have agreed to back Senate legislation to pull vehicles from the road when recalled for safety defects, ... Best Affirms Donegal Group's Members, Affiliates Ratings; Outlook Stable A.M. Best Co. has affirmed the financial strength rating (FSR) of 'A' (Excellent) and issuer credit ratings (ICR) of "a" of the members of ... AAIS Releases New Policy Forms for Insuring Infrastructure The American Association of Insurance Services (AAIS) has released a series of new policy forms, endorsements, and corresponding schedules ... How Agents and Carriers Can Find Gold in Personal Lines Independent agents and their companies have over the years been beaten in the personal lines market by direct response carriers and captive... More National News East DEP Sets Aside Funds for Northern New Jersey Flood Buyouts Plans to provide nearly $500,000 in state funds that would help a northern New Jersey town buy eight flood-prone homes have cleared another ... NYC to Taxi Riders: Look for Bikes Near Your Door New York City transportation officials want passengers to watch out for bicyclists when opening taxi doors.They're expanding a safety ... D.C. Man Stages Burglary for False Claims, Gets Turned In by Roommate Washington, D.C., authorities said a local man was sentenced to a year of supervised probation, a suspended sentence of three years and a ... Maryland Law for Moped Riders Goes Into Effect Oct. 1 Maryland moped riders will have to wear helmets and eye protection beginning Monday, Oct. 1. The new law also requires that motor scooters ... Virginia's Markel Names 2 Executives in Product Line Leadership Group Richmond, Va.-headquartered Markel Corporation announced two appointments within its product line leadership group. Michael Vought, ... More East News Midwest Grange Insurance Names Lin as New Chief Actuary Grange Insurance, headquartered in Columbus, Ohio, announced that Ken Lin has been promoted to vice president, chief actuary, effective ... South Dakota Will Not Run its Own Health Insurance Exchange South Dakota will not set up its own health insurance exchange, instead deferring to the federal government to operate and pay for a key ... Aetna to Pay $1.5M in Settlement with Missouri Missouri insurance regulators said that insurer Aetna agreed to pay a $1.5 million penalty to settle allegations that the company violated ... More Midwest News Southeast Florida Approves State Farm 6.4% Homeowners Rate Increase Florida regulators have approved an average 6.9 percent rate hike for State Farm Florida Insurance Co., which is the insurer's fifth ... Few Drivers in Alabama Ticketed Under New Texting Ban Law officers in some eastern Alabama jurisdictions have yet to issue any citations under the state's new law banning texting and driving. ... Mississippi Offers Smartphone App for Driver's Test The Mississippi Department of Public Safety has partnered with Mississippi Interactive LLC to offer a driver's practice test application ... More Southeast News South Central Oklahoma Legislator Criticizes Insurer Premium Tax Credits The head of a state House committee that's scrutinizing millions of dollars in business tax credits is questioning the growth in credits ... Louisiana Seeks to Use Hurricane Recovery Money for Pre-K Program Gov. Bobby Jindal's administration wants to shift $20 million in hurricane recovery dollars for hurricanes Gustav and Ike to fill in budget ... More South Central News West MPG Adds Brokerage Division, Expands Western Facilities Maritime Program Group has created a new brokerage division and expanded their western facilities with the addition of three professionals ... 100 Yosemite Workers Tested For Hantavirus California public health officials have tested 100 workers at Yosemite National Park to determine whether they were exposed to the deadly ... EPA Fines Idaho Gas Companies For Clean Air Violations A pair of gas delivery companies operating in Idaho will pay thousands of dollars in penalties for violating federal clean air laws. The ... Yates Adds Whitehouse and Lopes in Southern California Tustin, Calif.-based managing general agent Yates and Associates has added two new producers and has opened a new office in Westlake ... More West News International EU Insurers' Capital Charges May be Cut to Boost Loans Capital charges for insurers in the European Union could be cut to encourage lending for long-term projects and help boost the flagging ... ICC Proposes Measures to Stimulate Global Economy The International Chamber of Commerce has unveiled the initial recommendations of its Business World Trade Agenda initiative, aimed at ... UK Seeks to Mend 'Broken' Libor Interest Rate Setting, Not Scrap It Britain's top financial watchdog delivered a 10-point plan to fix Libor, but stopped short of scrapping the benchmark interest rate in a ... UK Competition Comm. to Investigate Auto Insurance; ABI Welcomes Move The UK's insurance market for auto insurance has been referred to the Competition Commission for investigation. The Office of Fair Trading ... Badal Joins Marketform as Chief Risk Officer Specialist Lloyd's insurer Marketform, a wholly owned division the American Financial Group, announced that Veekash Badal will join the ... Best Affirms Colonial Group and Subs Ratings; Outlook Stable A.M. Best Co. has affirmed the financial strength ratings (FSR) of 'A-' (Excellent) and issuer credit ratings (ICR) of "a-" of the ... More International News Insurance Journal Blogs Newsflash: Consumers Prefer Free Auto Insurance (And Other Stuff Too) Our friends at the Consumer Federation of America have issued yet another shocking new study. This one shows something that's truly ... More Blogs Join the Insurance Journal Network Insurance Journal TV Louisiana's Donelon on Isaac, Citizens, Lawsuits and More Despite taking a direct hit from Hurricane Isaac in late August, Louisiana probably won't see... Watch Now Agriculture Business Prepared for This Year's Drought Record high temperatures in the Midwest have farmers facing the worst drought in over 20 year,... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums National Agents Alliance? Legit or Keep Away? Posted: Fri Sep 28 -- Sounds like a sales pitch from NAA. I've never heard any agent be positive about their experience with them. MarcMeyers Reliable Car Insurance Quotes Posted: Tue Sep 25 -- A lot of local agents provide free quotes and some have the ability to bind policies online. Usually agents will sell you liability policies... txinsurance4 CA State Fund, wtf!!! Posted: Tue Sep 25 -- And the fun is just beginning. Starting soon ,many agencies (under 100k in per annum premium I believe) are relegated to submitting all... jackwehoca CPCU - Worth it right now? Posted: Tue Sep 25 -- Hello. I am currently looking to take the CPCU 530 Business Law Exam and was wondering if anyone knows of an AUDIO book/ study guide which I... armanis500 Go to Forums Reader Comments Bank Files Foreclosure Suit Against Arkansas Lieutenant Governor Posted: Mon Sep 24 -- Wait a minute........this guy "didn't know how far behind" he was on his payments and he's the Lt. Governor? Now THAT'S scary...... Scott Florida's Citizens Defends Proposed 11.2% Rate Increase at Hearing Posted: Tue Sep 25 -- TO Rep Fasano: Perhaps the customers of Citizens took a rate decrease without asking. The reality is that customers got a mitigation credit... Cheetoh Mulligan LAPD Chief Seeks Appeal Of $5.7M Jury Award Posted: Mon Sep 24 -- Only in California??!! Of course they also said that good old O J was innocent??!! What's wrong with this picture?? What's wrong with... renoscs Coloradoan Wins $7 Million In Popcorn Lung Lawsuit Posted: Fri Sep 21 -- How many packs of cigarettes per day did this guy inhale in between his addiction to popcorn? rschwartz@amig.com Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue September 24, 2012 Professional Liability Directory; The Best Insurance Agencies to Work For; Inland Marine 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 Underwriter Trainee (Bilingual)- Instant Quote Private Label Instant Quote Private Label - Underwriter Chief Information Officer (executive contract position) Underwriting Manager - Workers Compensation 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: September 28, 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 September 28, 2012 EPLI Program Rockwood Programs has been appointed to serve as the national administrator of a new EPLI product for carriers rated A+ by A.M. Best. Rockwood's EPLI base policy form offers ... States: All except IN, NH Offered by Rockwood Programs, Inc. View details Market Announcements Land Surveyors, Civil Engineers, and Landscape Architects Professional Liablity Program The A.M. Best A XV admitted program has the ability to handle any size client; from the small family owned business to the large ... States: AL, FL, IL, IN, KY, MI, MN, MO, NC, NE, OH, SC, WI View details Stand Alone Earthquake GeoVera Holdings, Inc. is a provider of specialty residential property insurance products, focused on catastrophe exposed property ... States: AL, AR, IL, IN, MO, MS, OH, SC, TN View details Boat and Jet Ski Rental This is a new Jet Ski/Boat Rental program. *No Liability Deductible -Lay-up priced with no Lay-up restrictions -Up to $1M ... States: AZ, CA, ID, NV, OR, UT, WA View details Hospitality / Restaurants Advanced PEO Solutions LLC is a full service PEO with strategic goals, relationships, and models aimed at making the small to ... States: FL, GA, TN View details Feature Articles How Agents and Carriers Can Find Gold in Personal Lines Independent agents and their companies have over the years been beaten in the personal lines market by direct response carriers and captive... Read more Court Orders Rehabilitation for Home Value Insurance Co. Home Value Insurance Co. was ordered into rehabilitation by an Ohio court on Aug. 31, 2012, and has been prohibited from selling insurance... Read more Energi Expands Presence With Three New Offices Energi, a developer and underwriter of insurance products, has opened three new satellite offices across the United States to better serve... Read more Latest Forums Freight forwarder needing coverage with BMC91X filing This client is in Florida and owns their own truck. I was by the DOT that very few carriers will offer this type of filling Hanover ... by IMM on Thu Sep 27, 2012 Trampoline Parks We are in need of a CARRIER to insure trampoline businesses for property and GL in various states.  E & S carriers must be ... by byam191 on Thu Sep 27, 2012 Work Comp AZ Class 7228 I am looking for a work comp market for the 7228 class code.  Has not had coverage since Feb 2012 as no employees now looking ... by pgeorge583 on Wed Sep 26, 2012 Bob tail liabilitry Need trucking bobtail liability ... by andy on Tue Sep 25, 2012 How do you increase likes and fans on FB business page How do you increase likes and fans on FB business page . Is increasing the number of likes the motiv eof the page. How will ... by jcruzinsurance on Tue Sep 25, 2012 Need insurance for guided atv tour in colorado I am looking for genreal liability insurance for my  customer who is located in colorado. He has a seasonal business he is ... by lfuentes on Mon Sep 24, 2012 Heavy Truck Rental business In Texas - 90 unit fleet renting water tank trucks and fuel (diesel)/lube trucks to contractors in street & road, utility, ... by gsykes on Mon Sep 24, 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.

Insurance Mergers & Moves: Friday, September 28, 2012

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September 28, 2012 Business Moves & Mergers Prudential to Pay $615 Million for Hartford's Life Insurance Unit Sep 28, 2012 -- Prudential Financial Inc. will buy the individual life insurance business of Hartford Financial Services Group Inc. for $615 million in ... Tejas American General Agency Launches TAGA Program Managers Sep 27, 2012 -- Tejas American General Agency (TAGA,) a Texas-based specialist in surplus lines and wholesale insurance services, announced the launch of a ... American Family Acquiring Permanent General, Lumbermens Casualty Sep 27, 2012 -- American Family Insurance, based in Madison, Wis., is acquiring Nashville, Tenn.-based PGC Holdings Corp. and its subsidiaries, including ... Prudential Close to Deal to Buy Hartford Life Insurance Unit: WSJ Sep 27, 2012 -- Prudential Financial Inc. is close to a deal to acquire the individual life insurance business of Hartford Financial Services Group Inc, ... Service to Retail Agencies Is Aim of Texas Wholesale Insurance Group Sep 26, 2012 -- A group of Texas-based managing general agents/brokers has formed the Texas Wholesale Insurance Coalition (TWIC) with the goal of enhancing ... Hub International Expands in Caribbean with Puerto Rico Broker Buy Sep 26, 2012 -- Chicago-based Hub International Limited announced that it has entered into a definitive agreement to acquire Carrión, Laffitte & ... USI Completes Acquisition of TD Bank's U.S. Insurance Subsidiary Sep 25, 2012 -- USI Insurance Services, a brokerage and financial service firm based in Briarcliff Manor, N.Y., said Monday it has completed the ... M&A Inks Partnership Deal With Maestro Specialty in N.Y. Sep 25, 2012 -- Merger & Acquisition Services Inc. (M&A), an investment, advisory and financial services firm to the re/insurance industry, announced a ... Catalina Acquires Runoff Vehicle KX Re from Tawa Sep 24, 2012 -- Catalina Holdings (Bermuda) Ltd has announced that it has signed a definitive Share Purchase Agreement to acquire 100 percent of the shares ... Digital Insurance Acquires North Carolina's Strategic Benefit Solutions Sep 21, 2012 -- Employee benefits agency Digital Insurance in Atlanta has acquired Strategic Benefit Solutions of Raleigh, N.C., and merged it with its ... Ageas to Acquire Groupama Insurance (UK) Sep 21, 2012 -- Dutch-Belgian insurance group Ageas (the successor to Fortis) has confirmed that it has signed an agreement, through its UK subsidiary, to ... Meemic Insurance Services Now Available to Wisconsin Educators Sep 20, 2012 -- Meemic Insurance Co., a Michigan-based insurance provider offering personal auto, homeowners, and umbrella coverages tailored exclusively ... XL Group Opens New Insurance Office in Lyon France Sep 20, 2012 -- XL Group plc's insurance operations announced the opening of a new office in Lyon , France and the appointments of Auberi Etienne and ... Flood Insurer Fidelity National Indemnity to Change Name to Wright Flood Sep 19, 2012 -- Flood insurance company Fidelity National Indemnity Insurance Co. is being renamed Wright National Flood Insurance Co. The name change must ... AmWINS Forms Managing General Underwriter with Former Rockhill Execs Sep 19, 2012 -- North Carolina-based insurance wholesaler AmWINS Group Inc. said it has partnered with two insurance industry executives, Terry Younghanz ... ACE Acquires 80% of Indonesia Insurer Asuransi Jaya Proteksi Sep 19, 2012 -- ACE Limited announced that it has acquired 80 percent of Indonesian insurer PT Asuransi Jaya Proteksi. The Jakarta-based company is "one of ... AssuredPartners Acquires North Carolina's Moore & Johnson Agency Sep 18, 2012 -- AssuredPartners is making is first foray into North Carolina by purchasing the Moore & Johnson Agency. The Raleigh, North ... McCombs Risk Advisors Opens for Business in Austin, Texas Sep 18, 2012 -- McCombs Risk Advisors LLC (MRA) announced its launch as a newly created Texas-based insurance services company. MRA, which will initially ... Ryan Specialty to Buy Direct Group to Strengthen MGA and TPA Capabilities Sep 18, 2012 -- The Ryan Specialty Group (RSG) announced that it would "significantly strengthen its MGA and third party administration (TPA) capabilities ... SIAA Adds New Agency Members in Pennsylvania, New York Sep 17, 2012 -- The Strategic Insurance Agency Alliance (SIAA), a national alliance of over 4,000 independent insurance agencies, said four new agency ... SIAA Adds Midwest Agencies Sep 17, 2012 -- The Strategic Insurance Agency Alliance (SIAA) announced 30 new member agencies in August; among them are several agencies located in ... SIAA Adds Three in West Sep 14, 2012 -- Hampton, N.H.-based The Strategic Insurance Agency Alliance added three members in the West in August. SIAA added 30 total for the month. ... Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue September 24, 2012 Professional Liability Directory; The Best Insurance Agencies to Work For; Inland Marine 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 New Insurance Jobs Underwriter Trainee (Bilingual)- Instant Quote Private Label Instant Quote Private Label - Underwriter Chief Information Officer (executive contract position) Underwriting Manager - Workers Compensation 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.