Daily Headlines: Monday, April 16, 2012

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April 16, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Insurance Employment Report: Jobs Outlook Improving, Slowly Looking for work can be an exhausting, soul-draining endeavor during the best of economic times. It goes without saying that job searching ... Now is Time to Learn Lessons from 2011 Catastrophes: Marsh Following the exceptionally severe and prolific catastrophes experienced globally in 2011, organizations now have an opportunity to learn ... Fed Chairman Bernanke Defends AIG, Bear Stearns Bailouts Chairman Ben Bernanke said Friday that the Federal Reserve was left with few good options when it stepped in to shore up the largest U.S. ... ACE USA, RPS Healthcare Expand E&O Coverage for Podiatrists ACE USA's ACE Medical Risk Division now offers increased reimbursement limits for legal expenses incurred because of an action by a ... 15 Trends in P/C Insurance Employment 15 Trends in P/C Insurance Employment The current P/C insurance employment picture, much like the economic outlook, is mixed. Employers ... Irene Retired from Tropical Storm Name List Irene is being retired from the list of storm names because the 2011 hurricane killed 49 people and caused more than $15 billion in damage. ... Swiss Re Expands Direct-Selling Capabilities Through New Partnership As part of its expansion into direct-selling insurance to the global company marketplace, Swiss Re has partnered with Royal Sun Alliance... Airplane Pilots and Insurance Professionals During college I took several aeronautic ground classes along with actual flying lessons. Our instructors hammered safety and preparedness into our heads... More National News East East Insurance Employment: Hiring Is ‘Slightly Elevated’ in 2012 The insurance employment market in the East and Northeast regions — as in most other parts of the country — can be summed up the ... Vermont Licensed 8 New Captives in 2012 Q1, Strongest Start Since 2005 Vermont officials said its captive insurance industry is off to a strong start in 2012, with the state having licensed eight new captives ... Maine House OKs Workers’ Compensation Overhaul A workers' compensation overhaul bill that Republicans say brings Maine's law into line with other states has won initial House passage. ... Advisen in New York Hires 2 Execs to Lead New Analytics Unit Advisen Ltd., an insurance analytics and market information provider headquartered in New York, appointed Seth Rachlin and John Pagliaccio ... N.Y. Gov. Cuomo Orders Statewide Health Insurance Exchange Gov. Andrew Cuomo issued an executive order Thursday to establish a statewide health insurance exchange intended to reduce coverage costs ... More East News Midwest Group Pushes for Sustainable Rebuilding in Joplin, Missouri Folks in Joplin, Mo., who want to go green in rebuilding homes and businesses — or at least use products to help them cut down on energy ... Insurance Premiums Climb to a Record $30B in Missouri in 2011 Missouri experienced a number of insurance industry "firsts" in 2011, including a record number of premium sales dollars, the ... More Midwest News Southeast Florida Seeks to Delay Approval of $7.8 Billion BP Settlement The Attorney General for the State of Florida has asked a federal court to delay granting preliminary approval of BP Plc's $7.8 billion ... North Carolina Auto Insurance Reform Postponed Until Next Year North Carolina lawmakers have decided to postpone any major effort to reform the state's automobile insurance market until next year ... More Southeast News South Central Tornado Outbreak: Authorities Say 5 Dead in Oklahoma, 29 Injuries Tornadoes raking communities across the Midwest and Plains left five people dead and at least 29 injured in Oklahoma, damaging a hospital, ... Storm Dumps Waist-High Hail in Texas Panhandle Maintenance crews worked on April 12 to clear roads after a storm dumped several inches of hail on parts of the Texas Panhandle, trapping ... Oklahoma Governor Declares State of Emergency in 12 Counties Governor Mary Fallin has declared a State of Emergency for 12 Oklahoma counties due to tornadoes, severe storms, straight line winds and ... Oklahoma Governor Nominates 4 for Workers' Compensation Court Governor Mary Fallin has submitted four nominees for the Oklahoma Workers' Compensation Court: Margaret Bomhoff, Michael McGivern, Brad ... More South Central News West Bareno Joins Maverick in Southern California Pauline Bareno joined of Calabasas, Calif.-based surplus lines broker Maverick Commercial Insurance Services as senior vice president. ... Major Forest-Thinning Project In Tahoe Approved The U.S. Forest Service has won final approval for a major forest-thinning project designed to reduce the threat of a catastrophic wildfire ... BMW Recalling 2,800 Cars For Fire Risk BMW is recalling about 2,800 cars because a circuit board can overheat and cause a fire. The recall covers some 2011 and 2012 models of the ... Replacement Costs Battle on the Road to Somewhere Steve Young was somewhat upbeat when he was asked what he thought about the outcome of a long-brewing legal battle between three insurance ... Fireman's Fund Names Tobias Southern California Territory Sales Director Linda Tobias has been named territory sales director in Southern California at Novato, Calif.-based Fireman's Fund Insurance Co. Tobias ... More West News Sponsored Content Atlas General Insurance Services Announces Expansion and Has Named Greg Mosher President of the Newly Formed Atlas Specialty Insurance Division San Diego, CA, 4/16/2012 – Atlas General Insurance Services, LLC, a San Diego based program administrator, is pleased to name Greg Mosher ... More Sponsored Content 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 CPA looking for career advice. Posted: Mon Apr 16 -- You are incorrect. While producers make up a large percentage of those that have the CPCU designation, actually more people in claims and... bjwestner looking for feedback/advice please.... Posted: Mon Apr 16 -- "Having been with Farmers for over 16 years on the management side, I would steer you away from this captive... bjwestner Why I believe in insurance agents Posted: Sun Apr 15 -- very nice, thanks for sharing. itzawlgud Long Haul Trucking - independent owner/operator Posted: Fri Apr 13 -- Looking for access to markets who deal with independent owner/operators with 1 power unit. Need package - auto, GL, cargo, towing, reefer... GRCinCA CA Electrical Contractor BOP/GL Posted: Fri Apr 13 -- @mightyquinn, are you telling me that Farmers has better coverages than other preferred carriers? I have come up against their homeowners... joey52 workcomp ca metal mfg 3066 code Posted: Fri Apr 13 -- It's worth trying AmTrust. I just placed a metalworks account (3040) with them and it may well be similar enough for them to write. I... GRCinCA Children's product resale store Posted: Fri Apr 13 -- I am looking for a market for a client that has a store that sells used children's clothes, toys, and car seats. Located in he State of... mattbalt Executive Suites CA Posted: Wed Apr 11 -- Hi there, this sounds like a 'suh-weet' risk , ( uggh pardon the pun ... askanunderwriter One stop shop MGA Posted: Wed Apr 11 -- In my experience (and imho, ). Bass is a good underwriting outfit with caring staff. I have worked with various members of their... askanunderwriter Go to Forums Reader Comments Severe Weather Has Home Insurers Rethinking Coverages Posted: Wed Apr 11 -- I beleive overall the insurance carriers are doing a great job keeping up with the changing times, and we have to remember insurance... Two Sided Mont. Woman Awarded $34M in Insurance Lawsuit Posted: Fri Apr 13 -- Enough finanacial industry CEOs make that in a year. Yes, slap them and slap them hard when they abuse the publics trust by trying to rip... Kurt Florida Homeowners Association Could Be Sued in Martin Shooting Case Posted: Wed Apr 11 -- No one ever said anything about race. I believe you were the first one... Why does everyone automatically jump on the race bandwagon without... Wow 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 Survey: Why Agents and Customers Choose Higher-Priced Insurers Posted: Fri Apr 13 -- My experience is that there's two types of commercial insurance buyers: those looking to actually have peace of mind, and those looking to... Metro Insurance Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue Big "I" Issue with Young Agents Survey; Medical Professional Liability; Business Interruption / Business Income; Bonus: Education & Training Directory April 16, 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 P&C Commercial Underwriter Trainee, P&C Underwriter Underwriting Assistant Senior Business Analyst 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. 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