Daily Headlines: Tuesday, April 30, 2013

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April 30, 2013

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Today's Headlines National More Than the Sum of its Parts: the Consortium Model vs. Fraud Claims fraud is pervasive in insurance. Large or small, insurers have measures in place to detect and investigate fraudulent claims and ... Claims Journal 2013 Job & Salary Survey Do you want to know how your salary and benefits stack up against your peers? Are you interested in where your peers work: in an office, at ... Rear Seat Design A Priority for Children's Safety in Cars A research report released by The Children's Hospital of Philadelphia (CHOP) provides specific recommendations for optimizing the rear seat ... OSHA Launches Initiative to Protect Temporary Workers The U.S. Department of Labor's Occupational Safety and Health Administration has launched an initiative to further protect temporary ... HailStrike Offers New Storm Tracking Products HailStrike, a provider of instant meteorological data that equips insurers, adjusters, roofing companies and  other service industries ... Nissan Recalls Over 123,000 Altimas for Spare Tire Issue Nissan Motor Co Ltd is recalling more than 123,000 Altima sedans in the United States to adjust the inflation of the spare tires, which ... More National News East Storm Costs Driving Up New Jersey Auto Insurance Rates Losses from previous storms are helping to drive up New Jersey's auto insurance rates, which are already the highest in the nation. The ... 30 Boats Damaged by Fire at New Hampshire Marina A fire at a marina in Ashland, N.H., has damaged at least 30 boats. Firefighters were called to the Riveredge Marina on Squam Lake late ... Washington DC Fire Officials Change Arson Counting Method Washington, D.C. fire officials have changed what constitutes arson in the district. And The Washington Post reports that has lowered the ... Family of Vermont State Trooper Killed Gets $4.5M Settlement The family of a Vermont State Police trooper killed while trying to stop a fleeing suspect a decade ago has received a $4.5 million ... Vermont Investigators Say 2 Fires Caused by Hot Ashes Vermont fire investigators say Lyndonville fire that destroyed a farmhouse and a nearby garage started because a pail of hot fireplace ... AIG Names New President & CEO of Lexington Insurance Company American International Group, Inc. (AIG) appointed Jeremy Johnson as president & chief executive officer of Lexington Insurance Company, ... More East News Midwest FEMA Gives Joplin Deal on 2 Fire Engines The federal government is giving the city of Joplin, Mo., a deal on two fire engines it loaned the city after the 2011 tornado. The Federal ... Kansas Copper Thieves Likely Severely Hurt Kansas utility company officials say someone who caused a power outage and more than $150,000 in wire loss and damage by breaking into a ... Woman With 'Shy Bladder' Sues Iowa Hospital A woman who sought a job at Iowa Methodist Medical Center is now suing the hospital, saying it failed to make accommodations for her shy ... No One Wants to Pay to Remove Truck From Missouri River Three months after a truck splashed into the Missouri River during a police chase, no one wants to pay the cost of removing the sunken ... Indiana Cop Involved in Fatal Crash Arrested Again An Indianapolis police officer charged with causing a fatal 2010 crash while driving drunk was arrested again Saturday, records show. ... More Midwest News Southeast Dodgers Pospect Yasiel Puig Arrested in Tennessee Jail records show that Los Angeles Dodgers prospect Yasiel Puig was arrested in Tennessee on charges of reckless driving, speeding and ... Rising Seas Clearly Evident Along South Carolina Coast Living in a coastal town or city with seawalls and docks on the waterfront, it can be difficult to notice the sea level rise by increments ... Tennessee City of Niota Functioning Again, Has Insurance City government is operating again in Niota after a four-day shutdown because of no liability insurance. According to the Chattanooga Times ... Georgia Storms Drop Quarter-Sized Hail, Topple Trees Residents were cleaning up after Sunday thunderstorms dropped large hail and toppled trees, damaging cars and homes in several Georgia ... 2 Reported Injured by Bull at Florida Rodeo Officials say two people have been injured by a bull at a central Florida rodeo. Volusia County Fire Rescue officials say a man and a woman ... More Southeast News South Central Texas Chiropractic Clinic Owner Convicted of $3M Auto Insurance Fraud The owner of a now defunct chiropractic clinic in Bryan, Texas, has pleaded guilty to engaging in a conspiracy to defraud various ... Records Sought of Texas City's Use of Ike Funds A Houston-area city has been trying to produce records showing how $2 million in federal recovery money was spent after 2008's Hurricane ... Lawsuits Filed in Louisiana Road Deaths Four lawsuits have been filed against Louisiana and Ascension Parish government over the fatal February 2012 crash in which two young girls ... More South Central News West RV Dragging Metal Blamed for 7 Montana Grass Fires Authorities in northwest Montana say a recreational vehicle dragging a piece of metal sparked seven grass fires that drew seven ... Several Cars Burn at Oregon Tow Lot Several cars burned about 10 p.m. Sunday at a southeast Portland car lot. The Oregonian reports it's a tow lot. Portland fire and rescue ... California's Realignment Law Jeopardizes Victim Compensation, Restitution The California law that eases prison overcrowding by shifting responsibility for thousands of lower-level felons to county jails has made ... Chevron Resumes Operations at California Refinery Shut by Fire Chevron has resumed operations in a unit at its refinery in California's Bay Area that was shut down after a massive fire last year. ... Police Ticket 100 Red Light Runners in North Las Vegas One Day Blitz Police in North Las Vegas say 100 motorists were cited for running red lights, and another 36 got summonses for distracted driving or ... Idaho Woman Injured in ATV Crash Sues Federal Government An eastern Idaho woman is suing the federal government for an injury she sustained in 2011 when her all-terrain vehicle rolled down a hill ... CompWest Partners With Phoenix Risk Management to Write Workers' Comp Coverage CompWest Insurance Company, part of the Accident Fund Holdings family, recently partnered with Phoenix Risk Management Insurance Services ... More West News International Man Arrested for Letting Son Drive Ferrari in India Police on Monday arrested a man who allowed his 9-year-old son to drive his Ferrari in the southern Indian state of Kerala. Mohammed Nisham ... Fire Destroys Danish Museum, Collection Saved A fire blazed through The Museum of Danish Resistance in Copenhagen on Sunday, destroying large parts of the building but most of the ... 10 Seamen Missing After Ship Sinks Off Greece Greek authorities say ten Syrian seamen are missing after two cargo ships collided off southern Greece and one of them sank. A Merchant ... More International News Connect with Claims Journal Claims Journal TV Curiosity is Key to Claims Adjusting At this year's Combined Claims Conference, Christopher Tidball, senior director, casualty... Watch Now IBHS Facility Plans More Research After Hail Test Julie Rochman and Mark Pizzi explain why this hail test differed from similar tests and how... Watch Now Watch more videos at InsuranceJournal.tv

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Daily Headlines: Tuesday, April 30, 2013

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April 30, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Experts Weigh Boston Bombings' Impact on Government-Backed Terrorism Insurance The April 15 Boston bombings could have an impact on the efforts to renew the federal government's terrorism insurance backstop. Some ... BP Hit By Wave of Gulf Oil Spill Claims As Deadline Approaches BP Plc has been hit by more than 2,200 new lawsuits seeking payback for the 2010 Gulf of Mexico oil spill in the past few weeks as ... World's Hot Spots for Cargo Theft Cargo theft rates in Europe increased 24 percent on average last year from 2011, and were on the rise in Asia as well, while rates in ... GE to Pay $40M to Settle Suit Accusing It of Misleading Investors in 2008 General Electric Co. agreed to pay $40 million to settle a shareholder lawsuit accusing the company of misleading investors about its ... The Hartford Reports $241M Q1 Loss Mainly Due to One-Time Charges Hartford Financial Services Group Inc. posted a net loss of $241 million for its 2013 first quarter, compared to net profit of $96 million ... AIG Names Johnson to Succeed Bresnahan as Lexington Insurance President American International Group Inc. (AIG) has named Jeremy Johnson as president and chief executive officer of its excess and surplus (E&S) ... 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... Global Re, Excess WC Discipline Lagging: ACE's Greenberg, WRB's Rob Berkley There are now clear signs that the low interest rate environment is forcing underwriting discipline in the casualty... More National News East Storm Costs Driving Up New Jersey Auto Insurance Rates Losses from previous storms are helping to drive up New Jersey's auto insurance rates, which are already the highest in the nation. The ... Insurance Industry Charitable Foundation's Boston Chapter Launches Grants Program The Insurance Industry Charitable Foundation (IICF) Boston chapter launched its grants program by hosting its first-ever grant fundraising ... Highmark Closes $604M Buyout of West Penn Allegheny Bondholders Insurer Highmark Inc. on Monday completed a $604.2 million bondholder buyout of troubled West Penn Allegheny Health System at 87.5 cents on ... GUARD Insurance Group in Pennsylvania Names New CFO Wilkes-Barre, Penn.-based GUARD Insurance Group named Eitan Ajchenbaum as chief financial officer and treasurer, replacing Jeffrey Picker ... More East News Midwest Missouri Insurance Department Returns $6.2M to Consumers in Q1 2013 The Missouri Department of Insurance announced that consumers who filed complaints against their insurance companies received an additional ... Trade Group Urges Indiana Governor to Sign Work Comp Bill The Indiana General Assembly ended a very productive 2013 legislative session early in the morning on April 27 having passed workers' ... Governor to Sign Tougher North Dakota DUI Laws Gov. Jack Dalrymple says he will sign legislation aimed at strengthening penalties for drunken driving in North Dakota. The Legislature ... More Midwest News Southeast Florida Insurers Save Tax Credit ... For Now Florida insurers are showing some signs of relief after they convinced House lawmakers to stop a Senate bill that would have eliminated a ... Rising Seas Leave Salt Marsh Mark on South Carolina Shoreline Rising sea level may be hard to notice in cities where seawalls and docks line the shorefront. But it's easy to see down a winding coastal ... More Southeast News South Central Court Cuts Corps Back Out of New Orleans' 17th St Canal Lawsuit A federal appeals court ruling has added a new twist to a complicated legal property rights case along a canal that was breached during ... Texas Man Arrested, Charged in $3.5M Staged Accident Fraud Scheme A Duncanville, Texas, man faces federal charges in an alleged multi-million dollar staged accident fraud scheme. The U.S. Attorney's Office ... Inquiry Into Texas Blast Plagued by Regulatory Gap Federal and state officials investigating the April 17 deadly blast at a Central Texas fertilizer company are trying to determine whether a ... More South Central News West Report: Northern California Bridge Has Bolts Similar To Banned Bolts The new eastern span of the San Francisco-Oakland Bay Bridge has more than 1,200 bolts made from galvanized steel that is virtually ... Idaho Firm Pursues State Officials In IEN Lawsuit Idaho's former Department of Administration director and its chief technology officer are being targeted by a company that says they ... 40 Ex-LAPD Officers Seek Reviews Of Dismissals Dozens of fired Los Angeles police officers are taking up the chief's offer to re-examine their dismissals since a deadly rampage by ... More West News International India's Finance Minister's Insurance Reform Agenda Runs into Political Hurdles An Indian Parliament deadlocked yet again over corruption scandals threatens Finance Minister P. Chidambaram's ambitious reform agenda, ... Willis' Faber Exec Sees Re/Insurance Growth in Turkey There is huge potential for re/insurance growth in Turkey, according to Namik Gulsun, Executive Director, EMENA at facultative and ... Ratings Roundup: AGA Int'l., Aspen (Notes) A.M. Best Europe - Rating Services Limited has affirmed the financial strength rating of 'A' (Excellent) and issuer credit ratings of "a+" ... ACE Establishes Special Purpose Vehicle, Altair Re ACE Limited has established a $95 million special purpose vehicle, Altair Re, to provide additional collateralized capacity for its global ... More International News Join the Insurance Journal Network Insurance Journal TV Greenberg's View: Finite Reinsurance The cornerstone of former New York Attorney General Eliot Spitzer's campaign against AIG and... Watch Now Evolution of D&O Products D&O products have gone through a lot of changes lately. CNA Pro Claim's Todd Greeley sat down... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Agency Management System Posted: Fri Apr 26 -- I agree. I tried Googling Quikfuzion and could barely find a thing much less a website. aem84 Non Standard Farm/Ranch account Posted: Wed Apr 24 -- What are the codes and the premium? I just quoted a restoration company with similar issues and a 2.37 x-mod with a PEO. What should have... Chad Filley Insurance Noodle vs. Superior Access vs. Agent Secure Posted: Mon Apr 22 -- mdagent, Superior Access and Consolidated are General Agents that submit your information to the respective companies for a quote. Then,... ziiqui Paperless Environment Posted: Tue Apr 16 -- I completely agree with Island Girl. We started going paperless 6 years ago. The first year was a royal pain with the initial scanning but... justthere Business Loss - Travel Insurance Posted: Tue Apr 16 -- This is true. However, most people do not realize that major credit card companies also provide insurance for lost or damaged goods while... chad37 TX - Workers Comp - Contractor Posted: Tue Apr 16 -- Have you considered a Professional Employer Organization (PEO)? SOI has locations in Dallas, Houston, Austin and San Antonio as well... DOrgant What is your biggest pain as an agent? Posted: Mon Apr 15 -- 1) Billing questions, non payment cancelations, reinstatement request of bad pay clients. 2) Binder requests... yoyowordup Go to Forums Reader Comments Deal OK'd in Muslims' False Advertisement Suit Against McDonald's Posted: Wed Apr 24 -- Like the McDonald's "hot coffee" case (where McDonalds was knowingly and continually burning customers...and doing nothing to correct their... insurance is fun! U.S. Expected to Seek Limits on Car Touchscreens Posted: Thu Apr 25 -- I think cars should be updated with a version of Apple's Siri or similar software with voice recognition. That way, when I get road rage and... reality bites Oklahoma House Kills Texting and Driving Ban Again Posted: Thu Apr 25 -- What part of dangerous driving activity do these pinhead house members not understand? The cell addicts are pretty powerful in Texas as... Agent Travelers Q1 Profit Up 11% to $896M; CEO Says 'We Will Keep Going' on Rate Hikes Posted: Thu Apr 25 -- The 1 "dislike" to this post must be from a Travelers employee - obviously. MeIsEinstein 2 Judges Consider State Farm Rates in Texas Posted: Fri Apr 26 -- As I recall, State Farm had a lot of litigation some years ago when they failed to roll back rates after the mold crisis when the other... Agent Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue April 22, 2013 Top 50 Apps for Insurance Agents; Entertainment, Sports & Special Events; Directors & Officers Liability 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 Manager, E&O Dept Underwriting Analyst Consulting Chief Underwriting Officer - W.C. Insurance Sales Agent 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: April 30, 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 April 30, 2013 Programs for Community Services Great American Insurance Group's Specialty Human Services Division offers property/casualty programs for Community Services to include: Career and Vocational Counseling, Community, Crisis, Day Care, Senior Centers, Neighborhood Multi-Service ... States: All except HI, LA, OK Offered by Great American Insurance, Specialty Human Services View details Market Announcements Event Cancellation Insurance Event Cancellation can be purchased to protect event expenses or revenue against cancellation or abandonment caused by reasons beyond... States: AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, IL, IN, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY View details Network Security and Privacy Liability Minimum premium of $500. Per claims limits of up to $1 MM. No premium commitment to access product. Available on a monoline basis or in... States: AL, AR, AZ, CO, CT, DC, DE, GA, IA, ID, IL, IN, KS, KY, MA, ME, MI, MS, NC, ND, NE, NJ, NM, NV, OK, OR, PA, RI, SC, SD, TN, TX, UT, WI, WV, WY View details How To Write Podcast: How to Write EPL With more first-time buyers purchasing Employment Practices Liability Insurance, Lynette Lyngaas, Vice President of EPL at Monitor Liability Managers, provides insight into current trends, coverage must-haves and what agents should know to present this coverage Listen Now Alcohol & Drug Rehabilitation Insurance Coverage is tailored for facilities and organizations that treat individuals with addictions. Eligible classes include: Addiction... States: All except AK, HI View details Residential Remodeler A-Rated Market No more more complicated classifications! Flexible eligibility provides one remodeler class for contractors performing more than one... States: CA View details Feature Articles 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... Read more Global Trade Market Uncertainties Increasing Demand for Trade Credit Insurance Trade credit insurance is not a new concept, says Kerstin Braun, executive vice president of trade credit insurer, Coface. But the recent... Read more New Workers' Compensation Formula Lowers Premiums for Most Employers A reworking of a key piece of the workers' compensation rating formula isn't changing rates overall but is changing premiums for most... Read more Latest Forums Re: High performance car - Ca Typing in the term 'high performance ca' gave me a great list with those keywords in state of CA only -... by krishoney on Tue Apr 30, 2013 Re: mobile disc jockey- Ca Try these guys - they do everything in the entertainment industry - http://www.mynewmarkets.com/companies/kandkinsurance by krishoney on Tue Apr 30, 2013 Apartment, Condominium, Home Owners, Renters insurance with no breed restrictions Hello,I am looking for liability markets for the following type risks with no breed restrictions or canine acceptability upon... by chandrav on Tue Apr 30, 2013 Inland Marine for Eyeglasses I am in need of a market in MA for eyeglass coverage, inland marine or HO schedule... by amorey on Tue Apr 30, 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 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) 2013 Wells Media Group, Inc. All rights reserved.

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Immediately useful and relevant information you can put to use in your insurance career View this online.   Pick Your Price Sale Ends Today! Insurance carriers shouldn't be the only ones to offer a "pick-your-price" option (well, one in particular). We at The Academy of Insurance want to make you the same offer - but we don't have a "price gun." You decide what you want to pay and we offer you a list of courses for that price. Your choices are: $27, $47 and $97 (click on your choice to see the available classes). Every Academy class is designed to provide you immediately useful and relevant information you can put to use immediately. And remember, every class is backed by our 100% satisfaction guarantee. So, pick your price and grow your knowledge.     $27 Courses Who is an Insured - Personal Lines Identifying Professional Liability Exposures Additional Insured for Professional Liability Work Comp Large Deductible Plans What to Expect from Specialty Lines Claims Managing Work Comp Injuries Past, Present and Future of Flood Insurance E&O for Staffing Firms   $47 Courses Insuring Condo D&O Exposure How to Read a Professional Liability Policy Myths, Lies & Legends - Kidnap and Ransom Coverage Writing Lawyers Professional Liability Work Comp Retrospective Plans Mining Work Comp Loss Runs for Valuable Information Builders Risk/Contractors Equipment Understanding Cyber Liability   $97 Courses What is an Owner-Controlled Insurance Program? (2-Part Series) How to Read and Understand ANY Insurance Policy Beyond Basic Training for New Insurance Professionals (9-Part Series) regularly $697 Understanding and Explaining Ordinance or Law Coverage 8 Court Cases You Should Know by Name The Proper Care and Feeding of Certificates of Insurance Leases/Contract (2-Part Series)     Academy of Insurance Zero-Risk Guarantee We know you're going to appreciate the value of the training you receive. It's simple. If you're not completely satisfied with the training, just contact us and we'll promptly issue you a full refund. ps: don't miss our Managing Conflict in the Workplace live training tomorrow!    Follow on Twitter | Friend on Facebook | Connect on LinkedIn | Forward to a friend  Copyright © 2013 Wells Media Group, Inc., All rights reserved. Insurance Journal / Academy of Insurance 3570 Camino del Rio N Suite 200 San Diego, CA 92108 Toll Free: (800) 897-9965 Webinar Schedule On-Demand Training Contact Us  unsubscribe from this list | update subscription preferences