Daily Headlines: Wednesday, March 14, 2012

Contact us | Subscribe | Send to a Friend

March 14, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Securities Fraud Settlements in 20011 Were Lowest in Decade Angry investors are seeing far fewer financial benefits from lawsuits accusing corporate America of securities fraud, but may be on the ... Cost of Obama Healthcare Law Lowered Under Latest Congressional Analysis The estimated net costs of expanding healthcare coverage under President Barack Obama's landmark restructuring have been reduced by $48 ... Bailout Watchdogs Criticize AIG Tax Deal Former members of a congressional panel that oversaw bailouts during the financial crisis blasted the Treasury Department this week for ... Chartis Teams Up with Sterling & Sterling to Offer Total Body Pac The programs division of Chartis is collaborating with Sterling & Sterling Inc. to provide a new product for salons, day spas and ... FastComp.com Adds Workers’ Compensation Coverage in Ten States Ten new states now have access to workers' compensation coverage from FastComp.com. The states are Kansas, Michigan, Minnesota, Montana, ... Liberty Mutual ‘Disappointed’ at $450M AIG Workers’ Comp Settlement Liberty Mutual said it will continue its legal fight even after a federal judge formally approved a $450 million workers' compensation ... Insurance Wholesaler AmWINS Up for Sale: Sources The owners of AmWINS Group Inc., the largest wholesale insurance broker in the United States by premiums placed, have put the company up ... After Failure, MetLife Criticizes Federal Reserve Stress Test As Flawed for Insurers Citi, MetLife surprise with stress test failures March 13, 2012 7:50:53 PM BANKS/STRESSTESTS-FAILURES Citigroup and MetLife led a list of ... Japan Earthquake Anniversary a Reminder of Need for Supply Chain Coverage The devastating earthquake and tsunami that hit Japan on March 11, 2011, caused massive supply chain disruptions, exposing the complexity... More National News East Rhode Island Urges Homeowners to Purchase Flood Insurance Rhode Island emergency officials are urging property owners to purchase flood insurance to protect against the kind of flooding that did ... Got a Gripe? Massachusetts Consumers Had Many in 2011 Home improvement contractors, used cars, insurance claims and foreclosure scams were among the top consumer complaints lodged by ... Boston Police Clamp Down on ‘Slam Dancing’ Police recently cited a city club for allowing violent mosh pit dancing and vowed a crackdown on what they called "dangerous behavior" ... N.Y. Unveils Plan to Shut Down Fraud Docs, Medical Mills Dishonest doctors and medical mills in New York better watch out! Following highly publicized crackdowns of major auto insurance fraud ... More East News Midwest Michigan Agency Plans Workplace Safety Rules Changes A state office is making hundreds of recommendations to eliminate Michigan workplace safety regulations that exceed federal standards. The ... Bauer Named Sales Director at Ag States Group Dave Bauer has assumed the position of director of sales for St. Paul, Minn.-based Ag States Group, the CHS insurance subsidiary providing ... Former Democratic Senate Candidate Seeks N.D. Insurance Post A former North Dakota Democratic U.S. Senate candidate says he's running instead for state insurance commissioner. Tom Potter is a former ... Indiana, Nebraska and South Dakota Pass Contractor Fraud Bills The Indiana and Nebraska legislatures recently passed much needed legislation that could help protect homeowners from contractor fraud and ... Illinois Officials Dispute FEMA Denial of Tornado Aid Looking at the destruction in his southern Illinois town, Harrisburg Mayor Eric Gregg couldn't understand why federal officials turned down ... More Midwest News Southeast North Carolina Court Weighs If Charging Fees Voids Municipal Immunity At a time when businesses have taken on traditional government tasks, from running schools to space launches, North Carolina's Supreme ... Kentucky Committee Advances Amish Safety Measure A Kentucky House transportation committee voted 25 to 1 Tuesday in favor of a Senate bill that would allow the Amish to forego a ... Mississippi Counties Improve Fire Insurance Ratings Mississippi's Monticello and Lawrence County have achieved new fire insurance ratings. Officials told the Daily Leader that the city has ... Number of Vehicles Failing Inspection in North Carolina Triples A report from the Division of Motor Vehicles has found that the number of vehicles filing safety inspections in North Carolina tripled last ... More Southeast News South Central Oklahoma State Loses Bid to Regain $33M from Insurance Fundraiser Oklahoma State's unique fundraiser was expected to bring in hundreds of millions of dollars to fund school sports, based on the idea of ... LevelFirst Adds 3 Staff Members in Dallas LevelFirst, a wholesale broker and managing general agency based in Dallas, Texas, announced three new staff additions. Rebecca Verastigui ... Workers' Comp-Focused Employers Adds 2 Sales Execs in Texas Susan Watson and Henry Eford have joined workers' compensation specialty insurer Employers as sales executives in Texas. Watson is sales ... With 18 Fatalities Arkansas Tops in Flood Deaths Last Year Eighteen Arkansas residents died in floods last year, the most in any state in the nation but fewer than in the year before, the National ... More South Central News West Bell-Anderson in Washington Acquires Michael J. Girias Washington-based Bell-Anderson Agency Inc. has acquired Michael J. Girias Insurance of Renton, Wash. This is Bell-Anderson's third ... Idaho House: Private Insurers Should Set Up Exchange Idaho House members voted 49-13 to encourage private insurers to establish their own health insurance exchange, rather than having federal ... Chief: California Wildfires May Signal Busy Season Forest fire authorities say a series of a dozen small wildfires over the past two months may herald an active fire season this summer on ... Suit: NASA Specialist in Southern California Axed Over Intelligent Design A former computer specialist at NASA's Jet Propulsion Laboratory is going to court over allegations that he was wrongfully terminated ... More West News International ABI Warns UK Homeowners of Subsidence Risks from Drought The Association of British Insurers (ABI) is urging homeowners not to worry unnecessarily, but to be aware of the ongoing drought ... Hannover Re Board Approves Legal Change to Societas Europaea The Supervisory Board of Hannover Rückversicherung AG (Hannover Re) has approved a resolution of the Executive Board to transform the ... Ultimate Risk Solutions Names Nicolini Senior Advisor for Europe Ultimate Risk Solutions, LLC, (URS) announced that Riccardo Nicolini, a long-time senior executive of Assicurazioni Generali, one of ... More International News Join the Insurance Journal Network Insurance Journal TV Claims Rising for Private Company, Non-Profit D&O Coverage Private company and non-profit D&O coverage is often seen as very profitable for carriers... Watch Now Should D&O Cover Bribery? Director and officers liability coverage is increasingly being called up to respond to cases... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Workers compensation in CA Posted: Tue Mar 13 -- We can write them with Companion. 25K MP and need to be pretty clean from a loss standpoint. NorthernStar1 Farmers - Loss Runs - Fax NumbeR? Posted: Tue Mar 13 -- I don't know what state your agency is located, California, "REQUIRES BY CODE" loss runs be sent to an insured within 10 days of the request... CSP Meals on wheels - insured with Farmers currently Posted: Sat Mar 10 -- hi ladybroker Thanks for your responses.. and everyone else as well.. Philadelphia seems to be the market to take this on. Well.. it turns... meytai Partnership Questions Posted: Sat Mar 10 -- I've decided to go out on my own. I'll be opening an independent agency soon. I'm trying to decide which cluster/network to join... Taylyn Claims question Posted: Fri Mar 9 -- I was wondering if a decision regarding your query has already been made and if you were held liable? If I was the tenant and knowing you... robmejia Go to Forums Reader Comments Administration Issues Rules for State-Run Health Insurance Exchanges Posted: Tue Mar 13 -- Hopefully, these exchanges will not go into force if we get repeal through either the Supremes or the new President. Mike Immigrant Files $1M Claim Against Arizona Sheriff Posted: Wed Mar 7 -- Per other news sources, the lover was legally here, but on a tourist visa, which means he couldn't legally work on the campaign. Hell hath... Anejo Pennsylvania Christian College Sues Over Birth Control Regs Posted: Thu Mar 8 -- Seriously - the buttons have been hacked. Uh oh! Gotta go - there's a black helicopter hovering outside my window. Where's my tinfoil hat? The Other Point of View Insurance Exec Pleads Guilty in Wisconsin to Intoxicated Flying Posted: Wed Mar 7 -- Help me out here legal people. If he never flew a plane wouldn't a guilty plea be perjury? Anejo Florida House, Senate Differ on PIP Reform; Special Session Possible Posted: Fri Mar 9 -- Correct. As for the comments by Doctor, before he makes a blind comment that insurance companies stuff their pockets with profits, he should... Former Status Quo Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue Hospitality Risks Directory; Homeowners & Auto; Technology & New Media Risks March 5, 2012 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 Multi-Line Underwriter Commercial P & C Broker/Producer Marketing Representative Casualty Claim Representative/Senior Casualty Claim Rep. 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 Publishing, Inc.