Daily Headlines: Friday, April 20, 2012

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April 20, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Earth Day a Veritable Field of Green Opportunity Sunday is Earth Day and one thing you can expect when you have a day for something as big as a planet is some pretty big statements, and ... Lawyer Pursuing U.S. Claims in News Corp. Phone Hacking Scandal The News of the World phone hacking scandal moved closer to the United States after British lawyer Mark Lewis teamed up with two New York ... Audit of Gulf Oil Spill Claims Fund Finds $64 Million in Underpayments An audit of the $20 billion fund for paying victims of the 2010 Gulf of Mexico oil spill found "significant errors" that led to about 7,300 ... AIG Adopts FASB Accounting Update, Revises Up 2010-11 Income By $5.1B American International Group Inc. said Thursday it revised up net income from 2010 and 2011 by a combined $5.096 billion after adopting an ... QBE Expands Employment Practices Liability Insurance QBE is expanding its offering of employment practices liability insurance (EPLI) for small- and medium-sized businesses that want easy and ... PPIB Launches Home Health Care Program Professional Program Insurance Brokerage of Novato, Calif. has formed a new senior/home health care program. This program includes, but is ... Chubb: $506M Q1 Income, Business Insurance Renewal Prices Edge Up The Chubb Corporation reported $506 million in net income for the 2012 first quarter, down slightly -- 0.59% -- from $509 million income ... Property Insurance Rates Continue to Firm: Marsh Global property insurance rates continued to firm in the first quarter of 2012 and there are forces at play that will likely continue the... More National News East Brown & Brown Acquires Assets of Moten Associates in Pennsylvania Brown & Brown of Pennsylvania Inc., a subsidiary of Brown & Brown Inc., said it acquired assets of Moten Associates, an independent agency ... N.Y. Law Firm Dewey & LeBoeuf Retains Bankruptcy Counsel, Role Unclear Elite New York law firm Dewey & LeBoeuf has hired a prominent bankruptcy attorney as it struggles with high debt and partner defections, ... N.J. School District Pays $4.2M to Student Paralyzed by Bully Attack A New Jersey board of education says it wasn't its decision to enter a $4.2 million legal settlement with a former student who said he ... Hartford to Give $24M in Premium Credits to N.Y. AD&D Policyholders Hartford Life Insurance Company, a subsidiary of The Hartford Financial Services Group, agreed to give $24 million in premium credits to ... Donegal Reports $8M Q1 Income, Largest Quarterly Earning in 3 Years Donegal Group, a P/C insurance holding company headquartered in Marietta, Penn., reported $8.0 million net income for 2012 first quarter -- ... More East News Midwest Illinois Man Sues Nestle, Wal-Mart Over Dog’s Death from ‘Wholesome’ Treat The death of a 9-year-old Pomeranian from eating a dog treat is hardly "what nature intended," according to a lawsuit filed this week. An ... Nebraska Man Accused of Selling Insurance in Violation of Court Order A 67-year-old Lincoln man was arrested and accused of violating a judge's order about selling insurance to former customers. Larry Hall ... Ex-US Fidelis Workers in Missouri to Split $1.5M More than 550 former employees of US Fidelis in Wentzville, Mo., will share a nearly $1.5 million settlement reached in bankruptcy court. ... Ohio Lawmakers Change Proposed Exotic Animal Rules Ohio lawmakers considering regulations on exotic animals have eased proposed rules for snakes and decreased requirements for property ... More Midwest News Southeast One Week Brought Most of Alabama’s $3.2 Billion Insured Losses in 2011 Almost $3 billion of the $3.2 billion Alabama insurers paid out to their auto, home and business policyholders in 2011 for catastrophe ... Tennessee Lawsuit Charges ‘Bachelor,’ ‘Bachelorette’ TV Shows with Racial Bias Two black men are taking "The Bachelor" and "The Bachelorette" to court with a lawsuit that claims the reality shows are blocking ... Alabama City Settles Sex Bias Claim for $150K An Alabama city has agreed to pay $150,000 to settle a sexual discrimination lawsuit filed by a former police sergeant who claims she's ... More Southeast News South Central Oklahoma Senate Approves Workers’ Comp Alternative Oklahoma companies would be allowed to opt out of the state's traditional workers' compensation system and instead self-insure or have ... Louisiana Citizens Asks U.S. High Court to Hear Claims Suit Appeal Louisiana's property insurer of last resort has asked the nation's highest court to hear an appeal of a $104.6 million award to 18,500 ... SIAA Signs 4 New Agency Members in South Central Region The Strategic Insurance Agency Alliance (SIAA) announced it signed four new agency members in South Central states during March. SIAA ... More South Central News West Honda Appeal Seeks To Overturn Woman’s Award Lawyers for the American Honda Motor company are heading back to court trying to overturn a highly publicized small claims court award to a ... Colorado Forest Service Faces Lawsuits Over Lower North Fork Fire Colorado Forrest Service is reporting as many as nine claims of intent to sue have been filed following the Lower North Fork Fire in March. ... Sunseri Joins Yates in Southern California Anthony Sunseri has joined Tustin, Calif.-based managing general agent Yates. Sunseri, who spent last nine years at another California ... Poll: Northwest Residents Rely on Vigilance to Protect Identities Most Northwest residents are concerned about the threat of identity theft, but a majority rely on their own vigilance to protect themselves ... More West News International Willis Global Energy Market Review Highlights 2011 Losses, Fracking Concerns Willis Energy, a unit of  Willis Group Holdings, released its "Energy Market Review" at conference held at its London headquarters last ... Recent Indonesia Quake Added Pressure to Key Fault Seismologists say last week's powerful earthquake off western Indonesia increased pressure on the source of the devastating 2004 tsunami: a ... New Prosecutor Seeks to Stop Chevron’s Brazil Operations A new prosecutor in the case against Chevron Corp and drilling firm Transocean Ltd for an offshore oil spill said Thursday he will seek to ... More International News Join the Insurance Journal Network Insurance Journal TV Annual Live Training Burn Educates Adjusters Pat Andler, a certified fire investigator and owner of Andler & Associates discusses the... Watch Now What D&O Buyers Look For In a Carrier What do insureds look for when shopping for a carrier to provide director and officers... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums CPCU - Advice Posted: Fri Apr 20 -- Do both! I was in the same boat during my thirties. At that time, I recall having over 10 to 12 years of claims adjusting experience, and... joel66 Job advice...please help! Posted: Fri Apr 20 -- Disclaimer - the opinions that follow come from someone that worked over 25 years in the insurance industry - both on the agency/brokerage... Big Dog looking for feedback/advice please.... Posted: Thu Apr 19 -- Well I guess I found out something too-- it has been more than 15 years since I checked out State Farm -- After I had been with FIG... William Graham Children's product resale store Posted: Thu Apr 19 -- I've got markets than can write the products excluding any USED cribs or car seats. MP start at $5,000 including product liab. I'd be glad... Adame526 Lessor Risk liability vs tenant liability Posted: Thu Apr 19 -- We were speaking only to the LIabilty of the landlord and the tenant, not to Property coverage. LadyBroker Security Guard GL In Ca Posted: Thu Apr 19 -- Hi, Trotter. I've got fantastic markets for that. Please forward your apps to us at ... DenaMartin Need for International Non-Profit Insurance for youth group! Posted: Wed Apr 18 -- Contact Charity First, in San Francisco. They specialize in Not for Profits. LadyBroker Preparing for the New York State brokers' license exam Posted: Wed Apr 18 -- I suggest you buy the book entitled "Real Estate Broker Exam: The Complete Preparation Guide." It provides information and practice... sethm Go to Forums Reader Comments Alligator Visits Louisiana Motel, Bites Guest Posted: Tue Apr 17 -- ...and the gator was thinking "hmmmm. Tastes like chicken..." Dee Wisconsin Governor Signs Bill Erasing Workplace Discrimination Damages Posted: Tue Apr 17 -- Lots of hard choices to make these days no matter who you are and where you are. People all over the country need to learn from the mistakes... FFA Justice Department Testing Little-Used Law in Financial Crisis Cases Posted: Fri Apr 13 -- What about the criminals in Congress who were intimately involved with Freddie & Fannie such as Barney Frank, Chris Dodd among others. We... Agent Marijuana Club Files $3M Suit Against SoCal City Posted: Thu Apr 19 -- Leave them alone! TRW C.M. Meiers Legal Battle Continues With New Allegations Posted: Wed Apr 18 -- Somehow, I'm not surprised that Herb and Eric would come up with something like this. Eric needs to step down from the IBA SFV immediately.... 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