Friday, 29 March 2013

Daily Headlines: Friday, March 29, 2013

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Claims Journal Daily Headlines
March 29, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West

Today's Headlines

National

ISO's CGL Changes for 2013 - Part II

Endorsement Changes ISO's 2013 CGL filing revises 12 individual endorsements while making mass changes to 24 additional insured ...

Bugaboo Strollers With Handle Problem Recalled

Bugaboo Cameleon 3 Strollers have been recalled because the stroller's carrying handle can break and detach, posing a fall hazard. The ...

Scooter Ads Face Scrutiny From Government, Doctors

TV ads show smiling seniors enjoying an "active" lifestyle on a motorized scooter, taking in the sights at the Grand Canyon, fishing on a ...
Sponsored by: Donan Engineering. Free Webcast: HVAC Lightning Claims - Don't Underestimate the Problem. Or the Solution. Date: April 8, 2013. Time: 11:00AM PT / 2:00PM ET. Click here for more information.
East

Baltimore Basilica Reopening After Quake Rpair

The Archdiocese of Baltimore says its downtown basilica will reopen Easter Sunday following repairs to damage caused by a 2011 earthquake. ...

Maine, New Hampshire, Vermont, Form Disaster Medical Team

Maine, New Hampshire and Vermont have formed a specialized disaster medical assistance team to respond to disasters in the region. The ...

Rhode Island City Issues 178 Seatbelt Citations in 1 Week

A Rhode Island city has cited 178 people for seatbelt violations in a single week as part of a national campaign to encourage motor vehicle ...

GEICO to Host Job Fair in Virginia for Auto Damage Adjusters

On April 3, between 9 a.m. and 3 p.m., GEICO hopes to fill 25 auto damage positions during a job fair in Falls Church, Va. Candidates ...
Midwest

New Rules for Michigan Insurers' Use of Credit Information

A series of new laws that take effect this week regulate how Michigan insurance companies can use a person's credit information. The laws ...

State Closes Nebraska City Men's Free Bar Shuttle

Two Nebraska City men have been told they can't continue to offer free rides to bar patrons until the men get permits and more insurance. ...

Michigan, Others May Regulate Amateur MMA Fights

Michigan lawmakers are considering legislation that would regulate amateur mixed martial arts bouts to protect fighters from injury and ...

Iowa Senate Backs Tougher Rules for Teen Drivers

Iowa's teen drivers would face tougher rules under a bill that passed the Senate. Senators approved the legislation in a 41-8 vote ...
Southeast

Structure Loss, Damage Set at $12M in Tennessee Wildfire

Sevier County, Tenn., authorities estimate the loss in a wildfire earlier this month at about $12 million. The Mountain Press reported the ...

Alabama Getting More Tornado Recovery Aid

Alabama is getting nearly $120 million in federal assistance to help with recovery from the deadly tornadoes in April 2011. Gov. Robert ...

Georgia Tornado Warnings Vary By County

Tornadoes are Georgia's No. 1 weather-related killer, claiming 23 lives and causing $500 million in damage from 2008 to 2012. But just how ...

MSHA: West Virginia Mine's Ventilation Plans Were a Hazard

Federal regulators issued 196 citations during February impact inspections at 14 U.S. mines, including a southern West Virginia coal mine ...
South Central

New Orleans Lawyer Gets 4 Years-Plus for Defrauding Clients

A New Orleans, La., attorney has been sentenced to more than four years in jail for mail fraud. U.S. Attorney Dana J. Boente says U.S. ...

Louisiana Couple Arrested for Thefts Totaling $165,000

Louisiana State Police have arrested a Lake Charles couple for stealing $165,000 worth of cars, trailers and farm equipment in Louisiana ...

Texas Man Gets New Trial Amid Arson Finding Doubts

A Texas man convicted of setting a fire that killed his two stepsons was granted a new trial Wednesday by the state's highest criminal ...
West

OSHA Fines Nevada Utility $43K After Worker's Death

Federal officials have fined NV Energy $43,000 after investigating a fall that killed a 29-year-old employee in September. The Las Vegas ...

Ford Plans to Appeal $2.9M Jury Award

Ford Motor Co. plans to appeal a decision awarding $2.9 million in damages to a Colorado man who was hurt in a 2009 accident. Ford ...

Fort Peck Dam Repairs to Cost $42.9M

The U.S. Army Corps of Engineers has approved spending more than $42.9 million on repairs to Fort Peck Dam. The dam was damaged during the ...
International

London P&I Club Issues Warning on Bagged Rice Cargoes

The London P&I Club has advised shipowners to seek advice before loading bagged rice cargoes in view of the inherent risks associated with ...

Quake Causes Minor Building Damage in Central Taiwan: AIR Worldwide

A magnitude 6.0 earthquake struck central Taiwan on Wednesday shaking rural Nantou County (located about 250 km south of the capital of ...

NAIC Signs MOU Extension With China

U.S. insurance regulators will continue a program of information sharing and cooperation that helps their counterparts in China learn about ...

Celent Promotes Macgregor to Global Senior Vice President of Insurance

Celent, a global research and advisory firm, announced that Jamie Macgregor has been appointed global senior vice president for the firm's ...

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Creating a Hailstorm at IBHS

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Extreme Weather Impacting Coastal Areas and the Insurance Industry

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Daily Headlines: Friday, March 29, 2013

Sponsored by: MyNewMarkets.com. Looking for Trucking Markets? Click here for more information.
Insurance Journal Daily Headlines
March 29, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Supreme Court Case Has Tax, Benefits Implications for Married Gay Couples

If the U.S. Supreme Court strikes down a federal law defining marriage as between a man and woman, the newfound rights for gay married ...

Top 10 Consumer Complaint Categories

The Federal Trade Commission (FTC) has released its top 10 consumer complaint categories for 2012. For the first time ever, the agency ...

Court Nixes IRS Bid to Reinstate Rules for Tax Preparers

The U.S. Internal Revenue Service this week lost a request to prevent the partial shutdown of its tax return preparer regulatory program ...

State Insurance Regulators Renew Pact with Chinese Regulators

U.S. insurance regulators will continue a program of information sharing and cooperation that helps their counterparts in China learn about ...

10 Things to Know About Home and Auto

There are more than 132 million housing units in the United States, more than 80 million of which are detached, single-family homes, and ...

Ratings: Odyssey Re, National Fire, American Safety, N.J. Manufacturers, Blue Whale

A.M. Best Co. has upgraded the issuer credit ratings (ICR) to "a+" from "a" and affirmed the financial strength rating (FSR) of 'A' ...

From MyNewMarkets.com ISO Commercial Property Changes - Part 4 - New Endorsements

The commercial property changes presented in ISO's filing begin taking effect on April 1, 2013 (effective dates differ by state). This...
Carrier Management

TRIA Won't Be Extended, P/C Carrier CEOs Say

Chief executive officers of property/casualty insurance carriers said their companies will still stand ready to provide...
Sponsored by: IMCA. 2013 IMCA Annual Conference Showcase Awards. Philadelphia, PA. June 23-26, 2013. Click here for more information.
East

Pennsylvania's Overall Workers' Comp Rates to Drop 4.01%

Pennsylvania Insurance Commissioner Mike Consedine announced Thursday that a workers' compensation rate reduction will go into effect next ...

Four Insurers to Reimburse Mass. Drivers to Settle Allegations of Overcharges

Four auto insurers have settled allegations that they overcharged Massachusetts consumers relating to auto insurance surcharges that were ...

Lloyd's Sues N.H. Utility Company, Says Electrical Glitch Caused Fire

The insurer for a business at New Hampshire's Hampton Beach has sued a utility, saying a February 2010 fire that destroyed a block of ...
Sponsored by: Carrier Management. Exclusive Interview with Hank Greenberg. The Interview Every Top Insurance Executive Needs To See. Click here for more information.
Midwest

Michigan Drivers to Pay $11 More for Crash-Related Health Care

An insurance board says the annual fee that Michigan drivers pay for some personal injury costs will increase 6 percent to $186 per year ...

New Rules in Place in Michigan for Insurer Use of Credit Information

A series of new laws have taken effect in Michigan that how insurance companies can use a person's credit information. The laws passed last ...

Child Care Provider Liability Law Passes in Nebraska

Lawmakers have passed new insurance requirements for licensed child care providers in Nebraska. Child care services would have to provide ...

Lack of Insurance, Permits Closes Nebraska City Free Bar Shuttle

Two Nebraska City, Neb., men have been told they can't continue to offer free rides to bar patrons until the men get permits and more ...
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Southeast

Kentucky Legislature Approves Christians-Only Health Plan Bill

A Christians-only health care plan would be allowed to resume operations in Kentucky under a measure that has passed the Legislature and is ...

Loss from Tennessee Wildfire Estimated at $12 MIllion

Sevier County, Tennessee  authorities estimate the loss in a wildfire earlier this month at about $12 million. The Mountain Press reported ...
South Central

Louisiana Couple Arrested for Possessing $165K in Stolen Vehicles

Louisiana State Police announced that insurance fraud detectives have arrested a Lake Charles couple for charges relating to possession of ...

ImpactWeather: Hurricanes in 2013 Will Be More Severe Than in 2012

Houston-based ImpactWeather predicts that 2013 will bring a series of hurricanes more severe than 2012. In an announcement released by the ...

Ex-New Orleans Policeman Pleads Guilty to Criminal Mischief in Car Crash

A former New Orleans police officer accused last fall of falsifying a police report to cover up an alleged hit-and-run accident in his ...

Questionable Arson Investigation Leads to New Trial for Texas Man

A Texas man convicted of setting a fire that killed his two stepsons was granted a new trial by the state's highest criminal court, which ...
West

UC Irvine to Settle Federal Fraud Claims For $1.2M

UC Irvine has agreed to pay $1.2 million to settle allegations that the Southern California university allowed residents at its medical ...

Hawaii Naturopathic Doctor Sued in Home Birth

A 28-year-old Manoa woman has filed a lawsuit against a Honolulu naturopathic doctor she says acted negligently and caused her son to ...

Proceedings Sought For New Mexico Gas Explosion

New Mexico pipeline safety regulators say New Mexico Gas Co. violated state laws and federal regulations during work that occurred before a ...

ProAssurance, CAP Partner to Offer California Hospitals Liability Protection

ProAssurance Corp., a specialty writer of professional liability insurance, and the Cooperative of American Physicians, Inc. (CAP) are ...
International

History of Bank Runs Shows Capital Limits Can Feed the Fear

When Argentina froze access to bank deposits in December 2001, the popular backlash was so severe its president and his successor had ...

Earthquake Rattles Central Taiwan; Causes Minor Damage: AIR Worldwide

Catastrophe modeling firm AIR Worldwide reports that a "magnitude 6.0 earthquake struck central Taiwan on March 27, 2013, at 10:03 a.m. ...

Best Affirms Fairfax Financial and Subs Ratings; Outlook Stable

A.M. Best Co. has affirmed the issuer credit rating (ICR) of "bbb" and the unsecured debt and preferred equity ratings of Toronto-based ...

Best Sees Alliance Deal with Yapi Kredi Enhancing Business Profile

A.M. Best Europe - Rating Services Limited has commented on the recent announcement from Germany's Allianz SE that it is entering into a ...

Ratings Recap: Ansvar, ARABIA (Jordan), ARABIA (Lebanon), ARABIA (Saudi Arabia), Transmonde

A.M. Best Asia-Pacific Limited has affirmed the financial strength rating of 'A-' (Excellent) and issuer credit rating of "a-" of ...
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Greenberg's View: First Job, 'White Blackbirds,' Corporate Culture

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D&O Trends: Keeping Eye on Securities Litigation

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New Discussions in the Forums

SIAA vs. Cluster?
Posted: Fri Mar 29 -- I'm a 15 year Farmers agent who is looking for an exit strategy and like the sound of some of these companies that pool resources. I've... JZanders
Farmers vs. Independent
Posted: Thu Mar 28 -- hello Friends, I am a new in field with a CA P&C License. Please suggest me the company,where I would start as a entry level or trainee... munda4545
New independent agency
Posted: Wed Mar 27 -- Another good thing to remember when starting a new agency is the workload you are going to have to do on certificates, and having questions... policyspot

Reader Comments

Lobbyists Keep Battling As Obamacare Turns 3
Posted: Mon Mar 25 -- There has never been a bill passed in Congress in the history of the country that has had as much negatively said about it after this much... Agent
Florida Gov. Scott, Insurers Vow Fight to Save PIP Law After Injunction
Posted: Fri Mar 22 -- Just do away with this outdated coverage. Create reasonable mandatory bodily injury liability limits. Make UIM/UM a mandatory coverage with... TN
Insurance Agent Takes Stand on Gay Marriage in Supreme Court Case
Posted: Thu Mar 28 -- Is your young daughter an adult? If yes, and she consents, then we have 2 consenting adults and they should be allowed to get married (enter... Captain Planet
How Obamacare Could Affect P/C Insurance
Posted: Thu Mar 28 -- Sarting to see employers who have 20-50 workers set up new companies (split there employees between two companies) to avoid paying for... TX Agent
Flood Insurance Policyholders Told to Expect Big Premium Hikes
Posted: Thu Mar 28 -- About time, tired of seeing my tax dollars going to New York and New Orleans! If you want to live on the water, you pay for it, not me! I... H Vogel

Current Issue

March 25, 2013
Current Issue
Hot New Markets; High Risk Property; Corporate Profiles - Regional Edition; 2012 Mergers & Acquisitions Summary Report; Quarterly Employee Benefits Brokerage Report

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Copyright © 2013 by Wells Media Group, Inc.

New Markets Daily: March 29, 2013

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March 29, 2013

Market Announcements

Beer Distributors

We are the program manager for the National Beer Wholesalers Association (NBWA) and currently offer Worker's Compensation, ...
States: All states

Collector Insurance

American Collectors Insurance specializes in insurance for collector vehicles, antique & custom motorcycles, and collectibles such ...
States: All states

Architects, Engineers & Contractors

STARR PRO for Architects, Engineers and Contractors is a comprehensive, innovative program of primary and excess professional ...
States: All states

Firearm Instructors

Property and commercial general liability insurance for firearms dealers, wholesalers, ranges, trap and skeet fields, sporting ...
States: All states

Medical Marijuana Dispensaries

Monarch E&S Insurance Services has a new medical marijuana program available to California & Hawaii agents. This program ...
States: CA, HI

Feature Articles

ISO Commercial Property Changes - Part 4 - New Endorsements

The commercial property changes presented in ISO's filing begin taking effect on April 1, 2013 (effective dates differ by state). This... Read more

ISO Commercial Property Changes - Part 3 - Altered Existing Endorsements

The commercial property changes presented in ISO's filing begin taking effect on April 1, 2013 (effective dates differ by state). This... Read more

ISO Commercial Property Changes - Part 2 - Cause of Loss Form Changes

Insurance Services Office's (ISO's) form and endorsement filing is actually quite fascinating. The commercial property changes presented in... Read more

Latest Forums

8292(warehouse) w.c market in ca.

Insured had 3 years w.c coverage ,Freight Forwarding company in CA. , current coverage expires in a week..Anyone knows the worker's ...
by paul lim on Fri Mar 29, 2013

CA workman's comp

Looking for a market for a e-cig companies workman's comp Class code 4828 , 8017 ,8810 They do some mixing of ...
by williamseide on Thu Mar 28, 2013

Renters Insurance - Dog- Calif

I need an HO-4 with coverage for dog, Pit Bull.
by benkins on Thu Mar 28, 2013

Personal umbrella

am looking for a market for personal umbrellathx AL
by southshore on Thu Mar 28, 2013

Cargo

has a request to cover pharmaceutical cargo for $ 250,000; insured is renting the van for now but will purchase one within the 3 ...
by viviane on Wed Mar 27, 2013

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Thursday, 28 March 2013

Daily Headlines: Thursday, March 28, 2013

Sponsored by: Trillium Software. Seeing Only Half The Picture? Analyze all of your clients data. Click here for more information.
Claims Journal Daily Headlines
March 28, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West

Today's Headlines

National

Insurer's Obligation to Notify the Insured of the Need for Allocated Verdicts and Settlements

A majority of courts in the country have found that if a claimant files a mixed lawsuit containing both covered and uncovered claims the ...

Insurance Covered Half of U.S. Disaster Costs in 2012: Swiss Re

Natural catastrophes and man-made disasters caused $186 billion in economic losses globally in 2012 and took approximately 14,000 lives, ...

FEMA Warns of Big Rate Hikes for Federal Flood Insurance Buyers

The head of the Federal Emergency Management Agency says people who buy federal flood insurance need to plan for big rate hikes. Craig ...

The Hartford Expands Construction Group

The Hartford has enhanced its Construction Group capabilities, bringing together its expertise in underwriting, claims management and loss ...
Sponsored by: Donan Engineering. Free Webcast: HVAC Lightning Claims - Don't Underestimate the Problem. Or the Solution. Date: April 8, 2013. Time: 11:00AM PT / 2:00PM ET. Click here for more information.
East

Storm-Hit Jersey Shore Struggles to Be Ready for Summer Season

As the spring sun glinted off the Atlantic Ocean at the tiny resort town of Avon-by-the-Sea, a small brown and white dog raced gleefully ...

4 Sued in Connection With Fatal Maine Crash

The father of a 16-year-old Maine girl killed in a car crash last year has sued the driver and three others. Rebecca Mason's father this ...

New York Cop in Band Faked Injury

A New York police officer who was moonlighting as a member of a punk rock band has been accused of disability fraud. Federal prosecutors ...

Connecticut Receives $250M in Federal Sandy Aid

Connecticut's governor says more than $250 million in federal assistance has been approved to help people and businesses affected by ...
Midwest

Iowa County Loses Half of Snowplow Fleet to Fire

Johnson County has lost about half its snowplow fleet to a fire at a county building on the west side of Iowa City. Five trucks were ...

WCRI Says Medical Care Costs For Injured Workers Low In Michigan

The costs of medical care for injured workers in Michigan is the lowest of any state in a 16-state study, according to CompScope Medical ...

Conviction for Wisconsin Tavern Arson Overturned

A Wisconsin man imprisoned for an arson conviction is enjoying life at home with his family. Joseph Awe walked out of the Oregon ...

Michigan Landlord Held Pending Sentencing in Arson Case

A 73-year-old West Michigan landlord faces sentencing later this year after being convicted of arson and other charges in a case involving ...
Southeast

Alabama City Didn't Inspect Airport Monitors That Fell

A large cabinet housing flight monitors that toppled on a 10-year-old Kansas boy, killing him and seriously injuring his mother at ...

Possible Sinkhole Drives Families From Florida Duplex

A sinkhole has forced two families from their Florida duplex in the same area where another sinkhole opened under a man's bedroom, killing ...

April 23 SBA Loan Deadline for West Virginia Summer Storms

Private, nonprofit organizations in West Virginia have until April 23 to submit disaster loan applications for damages caused by severe ...

North Carolina Panel OKs Optional Motorcycle Helmet for Adults

There's enough support in a North Carolina House committee to limit the state's motorcycle helmet requirement to just those people under ...
South Central

Report: Big Oklahoma Quake in 2011 Likely Manmade

An unusual and widely felt 5.6-magnitude quake in Oklahoma in 2011 was probably caused when oil drilling waste was pushed deep underground, ...

Oil Platform Owner Sued Over Deadly Blast in Gulf

Relatives of two victims of a deadly explosion on an oil platform in the Gulf of Mexico last year are suing the platform's owner and ...

Oklahoma Panel Clears Roofing Bond Requirement Bill

An Oklahoma House committee has approved a proposal that its sponsor said would help protect Oklahomans from what he called subpar roofing ...
West

Removal of Japanese Dock on Olympic Coast Completed

A 185-ton dock that washed out to sea during the March 2011 tsunami in Japan has now been removed from Washington's Olympic Coast. Crews ...

Man Wins $8K After Disney 'Small World' Breakdown

An attorney says a disabled man was awarded $8,000 by Disneyland after the "It's A Small World" ride broke, stranding him for a half hour ...

Colorado Approves Higher Damages for Wildfire Victims

One year after a state-set fire in Colorado killed three people, the state Legislature has given final approval to a bill raising limits ...

California Utility Reports Progress on Safety Recommendations

More than two years after a gas pipeline explosion killed eight people in a San Francisco suburb, a California utility says it has finished ...

Rice Bag Causes Oregon Apartment Fire

Firefighters say a rice bag intended as therapy for sore muscles got too much time in the microwave, burned a couch and then gutted an ...
International

Strong Quake Sways Buildings in Taiwan, Injures 20

A strong earthquake struck rural central Taiwan on Wednesday, swaying buildings, sending school children to seek cover and injuring at ...

1 Dead in Austrian Pileup With up to 100 Vehicles

A fire department official says up to 100 vehicles have collided on a snow-slicked stretch of an Austrian highway, leaving one person dead. ...

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Creating a Hailstorm at IBHS

Creating a hailstorm is no easy task, according to researchers at the Insurance Institute for...
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Extreme Weather Impacting Coastal Areas and the Insurance Industry

Steven Apfelbaum, an ecologist and founder of environmental consulting firm Applied Ecological...

TV icon Watch more videos at InsuranceJournal.tv

Current Issue

Winter 2013
Current Issue

More Newsletters

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Enter Your E-mail

How to Advertise

For information about advertising on this newsletter and ClaimsJournal.com, contact Howard Simkin at (800) 897-9965 x162.
View our Media Kit for advertising options in our magazines and online properties.
ClaimsJournal.com
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2013 by Wells Media Group, Inc.