Daily Headlines: Monday, September 30, 2013

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September 30, 2013

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Today's Headlines National Play roof Risk: The Game of Best & Worst Practices in Handling Roof Risk As a carrier dealing with the roof risk problem, are you ready to put your roof risk strategy to the test? BuildFax presents roof Risk, ... House OKs Bill Aimed at Improving Drug Safety The House easily approved bipartisan legislation Saturday aimed at improving the safety of drugs produced by compounding pharmacies that ... Mazda Recalls 161,400 Mazda6 Cars Because of Door Problem Mazda Motor Corp is recalling 161,400 Mazda6 sedans in the United States because loose screws could cause the side doors to come open while ... Berkshire's Specialty Insurer to Sell Business-Crisis Coverage Warren Buffett's Berkshire Hathaway Inc. will begin selling coverage through its specialty insurance unit to businesses to help manage ... More National News East New York to Aid Sandy Victims With Flood Insurance Woes New York will use part of its share of billions of dollars in federal Superstorm Sandy aid to "fully compensate" storm victims who had ... Judge Lifts Order to Keep New York City Sandy Hotel Program About 300 people made homeless by Superstorm Sandy could be forced to leave the York City hotels they've been staying in after a judge ... New Regional Group Formed to Combat Retail Theft The head of the Retail Merchants Association of New Hampshire says a new organized retail crime alliance in the region is a big help in ... Flood Insurance Premiums Rising Along New Jersey Coast Hundreds of New Jersey flood insurance policyholders will soon be facing higher premiums spurred by sweeping changes to the federal law ... More East News Midwest Higher Speed Limits Take Effect on Some Ohio Roads The speed limit is increasing on some parts of U.S. and state routes throughout Ohio this weekend. The changes take effect Sunday on more ... Attorney General DeWine Announces First-Year Update on Identity Theft Unit Ohio Attorney General Mike DeWine announced that in its first year, the Identity Theft Unit of the Attorney General's Consumer Protection ... Kansas Man Sentenced on Insurance Fraud Charges, Ordered to Repay $47,685 A Sharon Springs attorney and former insurance agent has been ordered to repay $47,685 and will serve 18 months probation after pleading ... CHS Pledges $3M Toward Agricultural Safety The farmer-owned cooperative CHS Inc. has pledged $3 million toward a national agricultural safety initiative. Carl Casale, president and ... Bus Driver Told Patrol He Passed Out Before Ohio Crash The driver of a Greyhound bus that ran off an interstate and flipped over told investigators he didn't remember anything from the last mile ... More Midwest News Southeast Jetpack Industry Zooms Toward Expansion Miguel Endara nervously stepped on the edge of a boat on Biscayne Bay with a 30-pound machine strapped to his back. The machine had two ... Florida County Affected by Flood Insurance Hikes Hillsborough County doesn't have a single house on the Gulf of Mexico and only about 2,000 that directly front a bay. Nonetheless, there ... Deadline Looms in West Virginia to Seek Storm Loans Time is running out for residents, businesses and nonprofits to apply for federal disaster loans to recover from severe storms in June. The ... More Southeast News South Central BP Fights to Shrink Gulf Spill Estimate to Cap Potential Verdict BP Plc, seeking to reduce potential water pollution fines of as much as $18 billion, will try to convince a judge that less oil spilled in ... Lawsuit Over Fatal Explosion at Oklahoma Refinery Two women whose husbands were killed in a boiler explosion at a crude oil refinery in Wynnewood, Okla., have filed a negligence lawsuit. ... OSHA Levies $175K in Fines in Fatal Crane Accident A federal safety agency has levied $175,000 in fines against a crane company, Entergy and other firms over a fatal crane accident at ... Building Permits Soar as Moore Keeps Rebuilding Officials in Moore, Okla., issued a slew of new building permits in recent weeks, as residents seek to rebuild from the deadly May 20 ... Texas-Based Replacement Services Firm Moving to New Offices ReSource, a contents evaluation and replacement services provider for both personal and commercial property insurance claims, announced it ... More South Central News West Workmanship Blamed for 2011 Tear in 737's Roof A National Transportation Safety Board report blames shoddy workmanship for an in-flight tear in the roof of a Southwest Airlines plane in ... Radio Problems Cited in Deaths of 19 Arizona Firefighters A three-month investigation into the June deaths of 19 firefighters killed while battling an Arizona blaze cites poor communication between ... Authorities Blame Idaho Plane Crash on Drunken Pilot A pilot who crashed his twin-engine plane at the airport in Sandpoint was flying under the influence of alcohol, according to authorities ... FDA: Criminal Case Shows Food Safety is Paramount Criminal charges against two cantaloupe farmers over a deadly foodborne illness send an emphatic message to fruit and vegetable growers to ... More West News International Europe's Hail Storms Hit Insurers With $4.7B Bill Insurers nursing hefty losses from severe spring floods in Europe face paying out a similar amount again after areas of Germany and France ... Search Grows Bleak in India Building Collapse Frantic relatives kept up a vigil Saturday at the site of a collapsed apartment building that killed at least 42 people in India's ... More International News Connect with Claims Journal Claims Journal TV Cargo Theft Trends In 2012 it's estimated that there was an average of two and a half reported cargo thefts each... Watch Now Investigating Organized Claims Fraud In an interview with Claims Journal, Thomas Mulvey, the national director of special... Watch Now Watch more videos at InsuranceJournal.tv

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Daily Headlines: Monday, September 30, 2013

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September 30, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National If It Happens: Federal Government Shutdown Effect on Insurance Industry If Congress fails to agree by midnight tonight on a resolution to continue funding the federal government, the property/casualty insurance ... Insurers' Private Firefighters Give Wealthy Homeowners Extra Protection Bill Potter wasn't eager to abandon his high-end house last month during evacuations forced by a massive Idaho wildfire, but he felt ... Rep. Waters, Author of Flood Reform Act, Calls for Delay in Implementation A Congresswomen whose name adorns the now-controversial federal flood insurance reform bill passed in 2012 says she wants the law changed ... Federal Trade Commission Moves Closer to 'Patent Troll' Study The U.S. Federal Trade Commission on Friday took another step toward a comprehensive study of "patent trolls" - companies in the business ... 'Rear View Mirror' Political Risk Management No Longer Works: Marsh In an age of social media, simply looking at what has happened in the past no longer works to forecast what political events lie ahead in ... New Hampshire's Minkler New Chairman of Big 'I' New Hampshire independent agent Thomas J. Minkler has been inaugurated as the new chairman of the Independent Insurance Agents & Brokers of ... LIU Launches Product Recall Policy for Packagers, Co-Packers Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has launched LIU Packagers Protection, a new LIU product recall ... J.D. Power: Personal Lines Agents Missing out on Opportunities in Renters Segment Insurance agents who only focus on homeowners insurance customers are missing a golden opportunity to build long-term relationships with ... Insurance Law, Regulation - Jim Wrynn's Experience Covers It All James J. Wrynn, Esq. served as New York's Superintendent of Insurance from 2009 to 2012, when he joined the law firm of Goldberg Segalla ... Travelers Launching Low Cost, Segmented Product in New Personal Auto Strategy The Travelers Companies Inc. is adopting a new strategy to become more price-competitive in personal auto insurance. Travelers' CEO Jay... Predictive Analytics: Bringing Price Elasticity Concepts to P/C Insurance The concept of price elasticity of demand has not received enough attention in the world of property/casualty insurance.... More National News East New York to Compensate Storm Victims for NFIP's 'Earth Movement' Exclusion New York will use part of its share of billions of dollars in federal Superstorm Sandy aid to ``fully compensate" storm victims who had ... Flood Insurance Premiums Rising Along New Jersey Coast Hundreds of New Jersey flood insurance policyholders will soon be facing higher premiums spurred by sweeping changes to the federal law ... South Jersey Boardwalks' Unique Aspects Challenge Firefighters Squeezing a bunch of structures together along a street made of wood is probably not the way to go when building a fire-resistant ... Connecticut Urges Sandy Victims to Apply for Relief Connecticut's governor is pointing small businesses affected by Superstorm Sandy to a state website designed to streamline the process of ... More East News Midwest Ohio Work Comp Bureau Awards More Than $258K to Support Workplace Safety Ohio Bureau of Workers' Compensation (BWC) has awarded more than $258,000 in safety intervention grants, split among nine employers. "We ... North Dakota Oil Patch Town Wants Speed Limit Reduced Residents of a small town in the middle of the North Dakota oil patch say they're sick of semitrailers barreling past their homes and want ... Higher Speed Limits Take Effect on Some Ohio Roads The speed limit has increased on some parts of U.S. and state routes throughout Ohio. The changes took effect Sept. 29 on more than 600 ... More Midwest News Southeast West Virginia Supreme Court Judge Hits Ruling on Massey West Virginia Supreme Court Justice Robin Davis criticized her colleagues in a dissenting opinion Friday for refusing to let institutional ... Alabama Widow Awarded $850,000 in Husband's Death from Medication Error A jury in eastern Alabama has awarded a widow $850,000 after her husband was given three times his normal dosage of medication and died ... Group Sues to Block Tennessse Rules on Health Navigators A health care advocacy group is suing to halt emergency rules enacted in Tennessee to require background checks for people giving advice on ... Mississippi Insurance Chief Sues to Halt Flood Insurance Rate Hikes The Mississippi Department of Insurance has filed a lawsuit against the federal government to try to block rates from increasing Oct. 1 in ... More Southeast News South Central OSHA Levies $175K in Fines in Fatal Arkansas Crane Accident A federal safety agency has levied $175,000 in fines against a crane company, Entergy and other firms over a fatal crane accident at ... MarketScout Expands Workers' Comp Specialty Division MarketScout, the national electronic insurance exchange and specialty MGA headquartered in Dallas, Texas, announced staff promotions ... Oklahoma Safety Checkpoint Nets 17 Citations for Driving Without Insurance Members of the Oklahoma Insurance Department's Anti-Fraud Unit and deputies with the Tulsa County Sheriff's Office recently wrote 17 ... More South Central News West Montana Man Sentenced For Workers' Comp Fraud A 76-year-old Havre, Mont. man has been ordered to pay nearly $84,000 in restitution in a workers' compensation fraud case. The U.S. ... Disaster Declaration For New Mexico's Santa Clara Pueblo President Barack Obama has signed a disaster declaration for New Mexico's Santa Clara Pueblo. Friday's move frees up federal aid to ... Wrongful Death Suit Filed Against Colorado Bar After Triple-Fatal Crash The parents of a 16-year-old Carbondale girl who was killed in a car crash have filed a wrongful death lawsuit against a Glenwood Springs ... LAPD Chief Beck Rescinds Car Impound Policy Los Angeles Police Chief Charlie Beck has rescinded the department's controversial car impound policy that made it easier for unlicensed ... AmTrust to Acquire The Insco Dico Group in California AmTrust Financial Services Inc. has entered into a definitive agreement to acquire The Insco Dico Group for roughly $85 million, $7 million ... More West News International FERMA Forum Opens with Solvency II Analysis from Karel Van Hulle The bi-annual Risk Management Forum of the Federation of European Risk Management Associations (FERMA) kicked off with a reception on ... FERMA Releases Positions on Captives, Niche Companies and Solvency II The Federation of European Risk Management Associations (FERMA) released a bulletin detailing the organization's position on how captives ... Attorney Jeff Kingsley on 'Post Event' Regulatory Changes, Cyber Liability Jeff Kingsley, a partner in the law firm of Goldberg Segalla, specializes in the emerging and highly complex field of cyber liability and ... Industry Pioneer Stephen Catlin on Insurance and Environmental Concerns Stephen J.O. Catlin has led the company/group that bears his name since 1984. He's seen it grow into the biggest syndicate at Lloyd's with ... More International News Join the Insurance Journal Network Insurance Journal TV Insurance Law, Regulation - Jim Wrynn Brings his Experience to the Private Sector James J Wrynn, Esq. served as New York's Superintendent of Insurance from 2009 to 2012, when... Watch Now Swiss Re's Chief Economist Sees GDP Growth Swiss Re's chief economist Kurt Karl sees some light at the end of the tunnel for the world's... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums My CPCU journey - almost finished..... Posted: Mon Sep 30 -- Margo - check out the Institutes website. They have a chart that shows what designations will give you credit. I know that by having my CLU... bjwestner Travelers reducing commissions Posted: Sun Sep 29 -- So, are all the agents that represent Travelers thrilled with the new, lower commission schedule on the new auto product? Are all of you... lonestar Feedback - Good, Bad, Ugly on the following Aggregators/GAs Posted: Thu Sep 26 -- I looked at Smartchoice. They said they would hook me up with a bunch of carriers. So they have MET Life call me & Before I realize it I'm... ZappMan What is your biggest pain as an agent? Posted: Thu Sep 26 -- The DNC List! I hate that thing. You can't call anyone anymore it seems like. The only thing worse that that is Voice Mail. ZappMan California Work Comp Class Code detail Posted: Thu Sep 26 -- It is very easy to find the classes and codes... FurriePrincess Non-for-profit Volunteer Coverge Posted: Thu Sep 26 -- PB1 has it right. Volunteer accident coverage is less expensive than WC (when you can get it) and more readily available. GL policies should... CH@Ins4nonprofits Peer-2-Peer Musical Instrument Rental Insurance (SV Startup) Posted: Thu Sep 26 -- Hello everyone, I'd like to inquire about insurance for our business: We're a peer-to-peer internet startup based in San Jose, CA. Our... tobytobitobe Agency Management System Posted: Wed Sep 25 -- Hello, A lot of good info here. I checked out the following... ZappMan Information on Clusters Posted: Tue Sep 24 -- If you've written $1,000,000 in premium in 4 months, why can't you just get your own contracts? yoyowordup Go to Forums Reader Comments Global Warming Slows as Fossil Fuel Emissions Rise to Record Posted: Fri Sep 27 -- I love this comment. "The lower pace of warming in recent years may be explained by natural phenomena including volcanic eruptions, a... Baxtor Idaho Gun Show Canceled Due to Insurance Requirements Posted: Tue Sep 24 -- Well, if Fred says it was a totally different group, then it was a totally differnet group. FYI, Fred, gun shows have guns in there...AND... insurance is fun! Travelers Launching Low Cost, Segmented Product in New Personal Auto Strategy Posted: Mon Sep 23 -- Travelers has always been known as wanting the cream of the crop business with high credit scores, no violations etc. I don't think they... Agent Louisiana State Treasurer Suggests State-Run Flood Insurance Plan Posted: Fri Sep 27 -- There is a way to help subsidize flood rates. The Federal government could require every home owners policy cover flood. Like stated, flood... Baxtor FEMA Chief Disappoints Senators, Says He Can't Delay Flood Insurance Rates Posted: Wed Sep 25 -- Then why not the following: if people can not afford to pay medical insurance then they simply can not afford to receive medical help. But... Mulligan Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue September 23, 2013 Surplus Lines: State of the Market / NAPSLO Issue; Lloyd's Syndicate Spotlight; Quarterly Employee Benefits Brokerage Report; Bonus: The Florida Issue (Special Supplement) 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 Pricing Actuary - Actuarial Statistician Lead Reserving Actuary - Actuarial Statistician Program Manager II Director of Predictive Analytics 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: Monday, September 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 September 30, 2013 Market Announcements Pharmacists Professional Liability With multiple "A"or better A.M. Best ratedMedical Malpractice Professional Liability Markets, Rockwood's team can offer Pharmacists... States: All states View details Integrated Commercial General & Pollution Liability Integrated CGL and Pollution Liability offers many businesses with pollution exposures that have not normally purchased stand alone... States: AZ, CA, IL, MA, NV, OK, OR, RI, TX, WA View details Forestry Products - Workers' Compensation We work with agents and brokers in the placement of Forest Products Risks whose operations consist of Manufacturing, Distribution and... States: All states View details Environmental Contractors & Consultants Intercorp places insurance coverages for contractors who specialize in environmental work and consultants who provide clients with... States: All states View details Earthquake / DIC When Mother Nature throws you a curve ball, that's where NeitClem comes in. Our Difference In Conditions (DIC) form provides coverage... States: AZ, CA, NV View details Feature Articles Travelers Launching Low Cost, Segmented Product in New Personal Auto Strategy The Travelers Companies Inc. is adopting a new strategy to become more price-competitive in personal auto insurance. Travelers' CEO Jay... Read more Agents Who Understand Customers' Businesses Boost Commercial Insurers: J.D. Power Small commercial lines insurance customers most value having an insurance agent or broker who completely understands their individual... Read more Will Third Time Be the Charm for National Producer Licensing Bill? Will the third time be the charm? Insurance groups and lobbyists in Washington are hoping so, after the House of Representatives this week... Read more Latest Forums Small moving company Need a great market for this in California. Thank you. by mhardison on Fri Sep 27, 2013 Athletic events/obstacle courses I am Looking for markets that will offer both property and liability insurance for athletic events/obstacle courses. Currently all... by Jsanborn on Thu Sep 26, 2013 Consequential Cost Patent Insurance I need coverage for the consequential costs a retailer would suffer if they had to pull a specified product from their shelves... by Temblor2 on Thu Sep 26, 2013 Market for National Fraternity Organization Looking for a market who writes National Fraternity Organization. Please let me know if you have any market... by insurance00 on Wed Sep 25, 2013 Need Access to Mid Continent Casualty Any MGA or Broker that has access to Mid Continent Casualty? by Kansas on Wed Sep 25, 2013 Need Dealers Open Lot - Hail Coverage I need to find coverage for a non-franchised Car Dealer  in Kansas (with Hail Losses), they are being non-renewed and we are... by Kansas on Wed Sep 25, 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.

Personal Umbrella: It's More Than Just Additional Coverage

Having trouble reading this email? View it as a webpage. Not interested anymore? Unsubscribe. Personal Umbrella: It's More Than Just Additional Coverage Live online training plus Q&A session Date: Friday, October 18, 2013 Time: 1:30 PM - 2:30 PM ET The Personal Umbrella gives your client a considerable amount of added coverage without a great deal of additional cost. Umbrellas: 1) respond when the underlying home and auto policy limits are exhausted; and 2) plug holes in coverage. Join us this Friday as we examine the Personal Umbrella policy in detail and learn why every personal lines client should be offered this protection. Send your questions in advance to webcasts@insurancejournal.com Register today and save $40 on your registration! What you will learn: What is an Umbrella policy? The common Umbrella policy provisions Stand Alone v. Follow Form Policies The interplay between primary and excess policies Recent coverage decisions examining Umbrella coverage When you register, you get: Access to the live training (Friday at 1:30PM ET) 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 Reserve your spot today! On sale this week at Academy of Insurance Watch anytime, on-demand Practical Workers' Compensation: What You Need To Know (5-part series) Statutes, common law, contracts and the human element combine to produce a safety net for workers injured on the job. Regular Price: $497 Just $297 Today » Watch anytime, on-demand The Future of the Work Comp Mod Are you ready for the change the National Council on Compensation Insurance (NCCI) is making to the calculation of the experience model? This is the first change in more than 20 years. Regular Price: $129 Just $99 Today »   Live, October 23   Workers Compensation Return to Work Programs Join Stacey as she teaches us how to implement, train and make return to work a successful practice in your company. Regular Price: $129 Just $99 Today »   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.