Thursday, April 12, 2012

Daily Headlines: Thursday, April 12, 2012

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Insurance Journal Daily Headlines
April 12, 2012
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Grim Statistic: Auto Fatalities Spike on Tax Deadline Day

More than 200 years after Benjamin Franklin declared the only things certain in life are death and taxes, Canadian researchers have ...

40 Million U.S. Jobs Tied to Intellectual Property Protection: Report

U.S. movie studios, drug manufacturers and other companies that depend heavily on copyrights, patents and trademarks to protect their ...

U.S. to Give BP Evidence on Size of Gulf Oil Spill

BP Plc will gain access to U.S. government documents that may shed light on the size of the 2010 Deepwater Horizon oil spill in the Gulf of ...

Survey: Why Agents and Customers Choose Higher-Priced Insurers

Insurance customers are price-sensitive shoppers, and they have become more so given the financial pressures of the struggling economy. ...

Special Agent Agency Management System Now Available Nationally

Special Agent, the insurance agency management system, is now available in all 50 states, and the company has also launched a new website. ...

Veracity Insurance Solutions Launches Food Liability Insurance Program

Utah-based Veracity Insurance Solutions, LLC is has launched the Food Liability Insurance Program (FLIP). FLIP is a sister program to ...

Actuary Analyzes Insurance Twitter Messages, Wins Prize

Usually actuaries focus on insurance rates and loss reserves, not advertisements. But according to one actuary: Jake, the State Farm agent ...

From MyNewMarkets.com ILO, Munich Re Foundation: Microinsurance Coverage Expanding at Rapid Pace

The number of microinsurance schemes worldwide has increased substantially over the past five years and now reaches an estimated 500 million...
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East

N.J. Regulator Offers Advice for Avoiding Auto Insurance Fraud

Consumers often face important decisions on insurance, medical treatment and auto repair in the aftermath of an auto accident. But ...

Warm Weather, Dry Conditions Could Mean More Wildfires in Northeast

Northeastern states are not known for frequent wildfires and brushfires. But that could be changing this spring as the region faces ...

Virginia Wildfires Burn More Than 7,000 Acres

Parts of Interstate 64 and three other roads remain closed because of wildfires that have burned more than 7,000 acres in Virginia. The ...

GEICO Appoints 2 Vice Presidents in New York Regional Offices

GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, appointed two vice presidents in New York regional ...

TD Insurance Announces Promotion in Connecticut Office

TD Insurance, a subsidiary of TD Bank, has promoted Shalonta Ford to vice president and insurance regional sales specialist in personal ...
Insurance Journal's Academy of Insurance invites you to Join us Wed April 18 -- Hire, Train and Retain the Best People -- Register now to save your spot
Midwest

Nearly 3K Medical Professional Liability Claims Closed in Ohio in 2010

Close to 3,000 medical professional liability claims were closed in Ohio in 2010, regulators report. The Ohio Department of Insurance's ...

Iowa Lawmaker Seeks Punitive Damages in Libel, Slander Case

Both sides intend to appeal an Iowa jury's decision that a television campaign ad by Democrats libeled and slandered Sioux City Republican ...

NFP Property and Casualty Services Acquires Illinois’ Ameribonds Surety

National Financial Partners Corp. subsidiary, NFP Property and Casualty Services Inc. (NFP P&C), acquired Illinois-based Ameribonds ...

Ohio Numbers Show More Drowsy Driver Crashes

Reports show an increase in 2011 in the amount of drowsy Ohio drivers who were involved in crashes, but fewer fatalities. WBNS-TV in ...
Insurance Journal Magazine: 50 Awesome Social Media Ideas for Agencies
Southeast

States’ Group Considers Model Workers’ Compensation Drug Bill

In the wake of the Florida Legislature's failure to cut physician reimbursements for prescribing repackaged drugs to workers' ...

Mississippi All-Terrain Vehicle Law Questioned

Most people who ride their four-wheelers do so on their own property. WTVA-TV reported that occasionally someone will drive them on the ...

Charlotte Insurance Professionals Form Group to Support Local Charities

Insurance firms and professionals in the Charlotte, North Carolina area have banded together to form a nonprofit organization to provide ...
South Central

Oklahoma Governor Signs Bill Limiting Liability at Gun Ranges, Shops and Clubs

Legislation signed by Gov. Mary Fallin would limit the liability of owners, employees and customers for injuries that take place on gun ...

Farmers Insurance Asks for Rate Hike in Louisiana

Farmers Insurance Exchange has asked Louisiana regulators for an average 39 percent statewide increase for its 25,500 homeowner ...

Oklahoma Seeking Victims of Alleged Scam by Insurance Agent

A former Oklahoma insurance agent has been arrested for fraud and state officials are seeking victims of a scam he allegedly perpetrated ...
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West

NAS Names Linhardt Senior Vice President of Claims

Encino, Calif.-based NAS Insurance Services named Jill Linhardt as senior vice president of claims. Linhardt has been with NAS since 1994 ...

Central Valley Calif. Grape Grower Sued By Workers

A Hispanic advocacy group is suing a Central Valley grape grower to recover wages for Latino employees it claims were forced to work extra ...

Blue Cross in Mont., Idaho Buying Benefit Admin Company

Cross and Blue Shield of Montana along with Blue Cross of Idaho are buying an Idaho company that provides health products and ...

New Website Launched for California Contractors Insurance, Resources

CA-ContractorInsurance.com has been launched for California contractors to go to for information on insurance issues facing their business. ...

Martial Arts Fighter-Fireman Charged With Workers' Comp Fraud

Los Angeles City firefighter Raphael "Noodle" Davis was arrested for allegedly filing false workers' compensation insurance claims, the ...

Insurance Industry Charity Event to Focus on Education

The Insurance Industry Charitable Foundation's 19th annual benefit dinner on May 3 at the Four Seasons Hotel in San Francisco, Calif. is ...
International

Tsunami Watch Cancelled; AIR Worldwide Analyzes Quake Risk

Yesterday the world held its breath, as two strong earthquakes within hours of each other shook the Indian Ocean sea bed, not far from the ...

Ratings Recap: ARABIA Co-op, ARABIA Insurance (Jordan)

A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of 'B++' (Good) and an issuer credit rating of ...

Fireman's Fund Partners with Allianz to Expand Entertainment into Canada

Novato, Calif.-based  Fireman's Fund Insurance Co. in partnership with Allianz Global Corporate & Specialty have created an ...
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New Discussions in the Forums

CA Electrical Contractor BOP/GL
Posted: Wed Apr 11 -- "Competing" with Farmers is usually like waiting for Godot. You'll get your best coverage with them but if you want to move for money, then... mightyquinn
looking for feedback/advice please....
Posted: Wed Apr 11 -- uwalka3 and William Grant: Thanks for the feedback, I really appreciate it. I agree 100% that the best bet would be to find an IA to get on... bjwestner
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
ADA Violations
Posted: Wed Apr 11 -- There is also one other answer, at least in California. If your client is willing to pay a certified ADA consultant to come out to the... justthere
Pennsylvania Manufactures Association-PMA, WC
Posted: Tue Apr 10 -- I believe Arrowhead Wholesale Insurance Services writes them in California. ... uwalka03
Why I believe in insurance agents
Posted: Tue Apr 10 -- I believe in insurance agents too. Like In most commercials/ads, we must strip away the entertainment 'value' to get to the real message. nancyg
1 or 2 Dwellings? - CA
Posted: Tue Apr 10 -- Based on the facts as presented, it would seem hard to have the risk seen as a "personal lines" exposure. Best for agent to examine the risk... mccluney
New Venture - Non-Emergency transporation
Posted: Tue Apr 10 -- I think most preferred and standard carriers shy away from livery. Have you tried Northland Insurance? They're a specialty arm for... wariline

Reader Comments

Top Reasons Happy Couples File Wedding Insurance Claims
Posted: Fri Apr 6 -- Does anyone posting speak clear English? Just curious... UCT
Cruise Ship to Retrace Voyage of the Titanic
Posted: Mon Apr 9 -- Seems kinda creepy to me... I dunno bout this
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
Santa Fe Sues Aeropostale For Not Paying Living Wage
Posted: Fri Apr 6 -- Please consider the financial impact of a large corporate retailer competing against local business. Bad enough they have buying power to... CalDude
Federal Healthcare Law to Aid Black Lung Victims
Posted: Thu Apr 5 -- Sarah, If Obama gets his way, the coal plants will be shut down and the mines will close so the miners won't have to worry about getting... Agent

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50 Awesome Social Media Ideas for Agencies; Entertainment, Sports & Special Events; Directors & Officers Liability
April 2, 2012

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