Daily Headlines: Friday, September 16, 2011

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September 16, 2011 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Senate, House Differ Over Disaster Aid The Democratic-led Senate Thursday sent the House a measure to fund disaster aid by twice as much as the House wants to spend -- laying the ... Business Lobby Looks to Soften Foreign Corrupt Practices Act The U.S. Chamber of Commerce has put reshaping a U.S. anti-bribery law near the top of its legislative wish list, setting up a battle ... BP Oil Spill Report May Prompt $30B Payout Findings of the second major investigation by the U.S. government into the 2010 Gulf of Mexico oil spill, may press BP into putting over ... Investor's Lawsuit Claims HP Executives Misled Hewlett-Packard Co. and top executives misled investors for months before unveiling a series of major decisions, such as the demise of the ... Senate Will Consider Wind vs. Water Formula Senate leaders have agreed to consider a provision designed to help settle wind versus water claims in a more timely and equitable manner ... Contractors and Their Agents Fight to Stay Afloat in Distressed Construction Market The construction market is showing hints of improvement, if only slightly, according to insurance specialists for this market ... More National News East Pennsylvania Court Upholds Motorcyclist 'On,' 'Off' Exclusion A Pennsylvania court has ruled that an exclusion in underinsured motorist coverage for injuries incurred while on a motorcycle applies to ... Teacher's Halloween Prank Sparks $100K Legal Claim in Massachusetts The family of a Taunton (Mass.) High School student injured running away from a teacher wearing a mask and wielding what appeared to be a ... Virginia-based Hilb Group Acquires Venture Specialty Insurance The Hilb Group, a Glen Allen, Va.-based holding company that focuses on acquiring mid-market agencies, has purchased Venture Specialty ... Professional Insurance Agents of New York State Elects New Officers The Professional Insurance Agents of New York State (PIANY) elected seven officers for its 2011-12 administrative year. The association ... More East News Midwest NFL's Edwards Claims Slander by Michigan Restaurant Cost Him Contract San Francisco 49ers receiver Braylon Edwards has filed a $14 million slander lawsuit, claiming allegations that he was directly involved in ... Michigan Family Seeks $50M in Marina Death The family of an 18-year-old Michigan man who died while swimming at the Clinch Park marina in Traverse City has filed a lawsuit seeking ... New Insurance Laws Go Into Effect in Missouri Missouri homeowners hit by damaging storms now have stronger protections in place under two new state laws that recently went into effect, ... Bilot Joins Holborn Corp. as Senior VP in Minneapolis Independent reinsurance broker Holborn Corp. announced that Daniel Bilot has joined the firm as a senior vice president in the firm's ... More Midwest News Southeast Atlanta Hawks Owner Settles Malpractice Claim Against Law Firm The group that owns the Atlanta Hawks and recently sold the Atlanta Thrashers has settled a $195 million legal malpractice lawsuit against ... North Carolina Senate Panel Learns Hurricane Irene's Costs The state agency overseeing North Carolina's response to Hurricane Irene estimates the price tag on helping individuals and governments ... More Southeast News South Central Workers' Comp Filing Approved in Oklahoma, Rates Expected to Drop The state's insurance commissioner says the workers' compensation insurance rates for Oklahoma businesses are expected to drop in 2012. ... Appeals Period Starts for Flood Maps in Louisiana's Bossier Parish Residents in Louisiana's Bossier Parish have 90 days from Sept. 14 to file objections with the Federal Emergency Management Agency to the ... Judge in Louisiana Won't Stop State Health Insurance Contracts A Baton Rouge, La., judge has refused to block the state from signing contracts with three private insurance companies chosen to take part ... More South Central News West New Mexico Drought Matter of Perspective, Risk Perhaps it's a matter of perspective. If you're a cattle rancher in New Mexico without enough grass to feed your stock, it's a ... Bridgwater Joins Cavignac & Associates Kyle Bridgwater has been named account manager/administrator for San Diego-based risk management and insurance brokerage Cavignac & ... CompWest Founder Steps Down Compwest Insurance Co. founder Bill Mudge is no longer president and chief executive of the firm he started in 2004. Mudge's name has ... California Bail Bond Agents Arrested For Kidnapping, Extortion and Insurance Fraud Three Northern California bail bondsmen have been arrested for allegedly kidnapping clients for the purpose of extortion and insurance ... Alteris Buys Winery Insurer S.N. Potter Alteris Inc., a services provider for the managing general agency community, has acquired the operating assets of winery insurance ... More West News International Allied World, Transatlantic Call off Merger Deal Reinsurers Allied World Assurance Co. Holdings Ltd and Transatlantic Holdings Inc. called off their merger Friday in the face of ... US Data Center Study Finds Arctic Ice Melts to Second Lowest Level Ever Sea ice on the Arctic Ocean shrank to its second-smallest extent since modern records began, in keeping with a long-term trend, the U.S. ... AIR Lowers Insured Loss Estimates for Hurricane Irene in the Bahamas Catastrophe modeling firm AIR Worldwide has revised its industry insured loss estimates for Hurricane Irene's impact in the Bahamas to ... Lloyd's Channel Syndicate Appoints Campbell to Head Financial Lines Division Lloyd's Channel Syndicate 2015 has appointed Martin Campbell as Head of its Financial Lines Division. He has worked in the London Market ... More International News Insurance Journal Blogs Volunteer Week: It's the Industry's “Get Out and Do” Event "Let's do something together." Usually it's coffee or lunch – but during Volunteer Week, hundreds of insurance folks will be doing more ... More Blogs Join the Insurance Journal Network Insurance Journal TV 9/11 and Terrorism Risk 10 Years Later The Sept. 11, 2001, terrorist attacks in the United States forever changed how the insurance... Watch Now What's in a Name? Unitrin CEO Southwell Says A Lot A legendary insurance company name is back in the headlines. Unitrin Inc. has taken the Kemper... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Help our MLR (Medical Loss Ratio ) Posted: Fri Sep 16 -- My company is a platinum representative for Blue Cross, however our MLR with them is 130%. We have stopped submitting apps from people who... cbaw1957 Study tips for the California Life Agent Exam Posted: Fri Sep 16 -- I too went through prelicencetraining.ripoff. I passed the test by the skin of my teeth and I studied 2 1/2 months. At first, I just read... cbaw1957 Do you recommend bonds or crime insurance? Posted: Thu Sep 15 -- Seems like every other day I read in our local newspapers or hear on the radio where some thief has embezzled/stolen thousands of dollars... darnovak How To Write an Article Posted: Thu Sep 15 -- SEO-wise, you will need to add header tags, appropriate keyword density, alt tags, keyword rich title once you published this article... chizcurlz Agency Management System Posted: Thu Sep 15 -- Thanks Mike. We're not looking for an MGA solution (although we have a few programs where we are the MGA). I was pointing out Abacus.net... Afrank Florida Statutes on agent writing owner/tenant Posted: Thu Sep 15 -- Does anyone know what the Florida Statute says about an agent writing the coverage for both the owner of a building and the tenant of same... saabins Super Newbie Posted: Tue Sep 13 -- There are lots of ways to pursue your career as an insurance agent. You don't need to have a degree in Finance or Insurance. You just need... chizcurlz Dental Plan or Dental Insurance Posted: Mon Sep 12 -- I think, for a simple explanation, dental plans are much cheaper than dental insurance. chizcurlz Go to Forums Reader Comments Federal Judge Rejects Health Insurance Mandate in Latest Case Posted: Wed Sep 14 -- This has cost our nation MILLIONS, its time for Congress to step up and repeal this law... The uncertainty alone, of the costs and effectsof... mark hester Lloyd's Syndicate Sues Saudi Arabia for $215M Over 9/11 Claims Posted: Thu Sep 15 -- Awesome! Go get 'em. Scott Romoser Google Secretive About 'Super Safe' Robot Car Crash Posted: Tue Sep 13 -- Google must be testing out my insurance agent to be the first autonomous insurance agency because anytime I ever call or stop by their... jmc Why 9/11 Changed Everything Posted: Fri Sep 9 -- It is highly unlikely that any terrorist event will have the scope and magnitude of damage that resulted from 9/11. Notwithstanding, is this... Jester Americans Have False Sense of Security About Catastrophes: Survey Posted: Mon Sep 12 -- Our culture fosters an attitude of derision and contempt for anyone that dares to question or address the flaws in our economy and system of... Not A Witch Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue High Income, High Profile, Top Workers' Comp. Writers, Residential Contractors September 5, 2011 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 Vice President of Claims â?? Commercial P&C Accounting Administrative Assistant Underwriting Assistant Marketing Executive Assistant Have a job opening? List it on our Web site. 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