Daily Headlines: Tuesday, April 24, 2012

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April 24, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Shrimp Processors Object to BP Oil Spill Settlement Shrimp processors have asked a federal judge to delay preliminary approval of BP Plc's proposed settlement of economic damage claims from ... Returning Soldiers Involved in More Car Crashes: Study U.S. military personnel have 13 percent more car accidents in which they are at fault in the six months after returning from overseas duty ... W.R. Berkley Q1 Income Up 17%, Sees Price Hikes ‘Accelerating’ W.R. Berkley Corporation reported $135.32 million for its 2012 first-quarter net income, a 17 percent increase compared to $115.59 million ... Norman-Spencer Launches P&C Program for Recreational Marine Market The Norman-Spencer Agency is launching First Marine, an A+ rated, nationally admitted property and casualty coverage product. First Marine ... Great American to Offer New Abuse or Molestation Insurance Option Great American Insurance Group has made available a new coverage option for abuse or molestation with expenses covered outside of limits. ... MetLife to Pay States $500 Million in ‘Death Master’ Probe MetLife Inc., the largest life insurer in the United States, will pay $500 million to settle a multi-state investigation into claims ... Only 1 Out of 4 Companies Buying Cyberinsurance Nearly three in four corporate risk managers are not buying insurance policies to cover data breaches and damage to customers' privacy... More National News Insurance Journal's Academy of Insurance: Contracts, Certificates & Construction Defect Training Super Pack just $147 for the next 24 hours! East N.Y. Gov. Cuomo Announces Storm Aid for L.I. Counties New York Gov. Andrew Cuomo said the state is providing $8.5 million to Nassau and Suffolk counties on Long Island. The money will be used ... Three Massachusetts Hospitals Cited for Denial of ER Care State health officials have cited three Massachusetts hospitals in the past six months for turning patients away from their emergency ... Maine Businessman Gets 2 1/2-Year Prison Term for Insurance Fraud The owner of a Kittery, Maine, medical equipment supply company has been sentenced to 2 1/2 years in prison for health care fraud and for ... Maine Workers’ Comp Reform Bill Signed Into Law A new Maine bill that brings wide-ranging changes to the state's workers' compensation system was signed into law last week. The bill, ... More East News Midwest $6M Awarded in Fatal Illinois Crash An Illinois judge has awarded more than $6 million to the family of a 17-year-old Loves Park girl killed by a drunk driver. Judge Edward ... OSHA Fines Wisconsin Company $71K for Safety Violations The U.S. Department of Labor's Occupational Safety and Health Administration announced it has cited Duraframe Dipnet with 20 safety ... American Westbrook Insurance Names Palmer Senior Plan Specialist Jenny Palmer has joined Westchester, Ill.-based American Westbrook to head up the senior market segment focusing exclusively on Medicare ... More Midwest News Southeast Florida Governor Vetoes Cat Fund Tax-Credit Plan Florida Governor Rick Scott has chastised state lawmakers for failing to fully consider a controversial plan to use state premium tax ... North Carolina Jury Awards $14.6 Million in Slim Jim Factory Blast A jury has awarded $14.6 million to seven people hurt in an explosion at a now closed ConAgra Slim Jim factory in Garner, North Carolina. ... Silverstein Joins Lockton in Southeast Insurance broker Lockton has appointed Eric Silverstein to a new role as senior vice president for its national casualty insurance ... More Southeast News South Central OSHA Settles New Orleans Whistleblower Case Federal official have settled a whistleblower case against a New Orleans, La.-based riverboat company. The U.S. Department of Labor ... Louisiana Nonfarm Employment Sets All-Time Record Louisiana's seasonally adjusted nonfarm employment reached the highest mark in the state's history in March, the Louisiana Workforce ... Louisiana Companies Cited for Alleged Safety Violations The Labor Department has cited two subsidiaries of a Pineville, La.-based company for alleged safety and health violations. The ... More South Central News West Idaho Texting Ban Kicks In July 1 A new Idaho state law banning texting while driving goes into effect in July, but some law enforcement officials say enforcing the rule ... Broker Gets 30 Years For Stealing From Elderly A 49-year-old insurance broker who stole large amounts of money from elderly clients has been sentenced to 30 years in prison and must pay ... Education Board Stays With Insurance Requirement The Idaho State Board of Education has decided to keep its requirement that full-time public college and university students have health ... Family Of Girl Killed In Crash With New Mexico Doctor Sues The family of a little girl killed when her family's van was hit by a vehicle driven by a Santa Fe, New Mexico surgeon suspected of ... California State Fund Cancels Layoffs California's State Compensation Insurance Fund is cancelling plans to lay off hundreds of workers, the Sacramento Bee is reporting. State ... More West News International S&P Revises Argentina’s Sovereign Debt Rating Outlook to Negative Standard & Poor's revised its outlook on Argentina's sovereign debt rating to negative from stable on Monday, citing policies that ... Reinsurers Resilient Despite Catastrophes, Economic Uncertainty, Says A.M. Best In a special report A.M. Best summed up the financial position of the global reinsurance industry as "resilient" in light of  "the ... Earnings Report: Platinum Underwriters Q1 combined ratio – 88.2 percent (200.4 percent in Q1 2011). Q1 combined ratio (statutory) – 86.6 percent (198.7 percent in Q1 2011) ... ACE Appoints Hollenberg to Head Canada Operations; Brosnan for P/C The ACE Group has announced new leadership appointments in its Canadian operations. Andrew Hollenberg, Regional Senior Vice President, ... 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 What are your thoughts on the insurance industry Posted: Tue Apr 24 -- bigboy, my experience as a captive agent for over 10 years, and now as an independent agent for going on 2 years: The days of the scratch... lonestar How do you ask for a referral? Posted: Tue Apr 24 -- I have found, Referrals is definitely an art What works does change over time But like all sales it involves repetition and law of large... William Graham Thoughts on Clusters Posted: Mon Apr 23 -- I want to start a new independent angency, are clusters a good to start with does any know any results or experienced great results from... biggboy55 looking for feedback/advice please.... Posted: Mon Apr 23 -- FYI - of all the captive programs around me anyway, Nationwide seems to be the best. There are two programs they have. For one you need $10k... bjwestner Job advice...please help! Posted: Mon Apr 23 -- I'm going to be more honest here than I probably should be but I thought it would help out.....In 11plus years in insurance, 10 of those in... bjwestner Is it possible to get insurer appointments just starting out Posted: Mon Apr 23 -- I want to start my own insurance agency, but i dont want to work as a captive agent any longer than 6 months to a year. Would I be able to... biggboy55 CPCU - Advice Posted: Fri Apr 20 -- It is possible that some of your Firefighter certifications can be applied toward elective credits. I did not do any of the prior learning... joel66 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 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 Republicans Prepare Should Supreme Court Overturn Healthcare Plan Posted: Mon Apr 23 -- Call a Medicare "voucher" what it is-- a slap in the face to a successful program that millions have relied on for decades, and a bigger... MP Marijuana Club Files $3M Suit Against SoCal City Posted: Thu Apr 19 -- Leave them alone! TRW Illinois Man Sues Nestle, Wal-Mart Over Dog's Death from 'Wholesome' Treat Posted: Fri Apr 20 -- What type of guy has a Pomeranian and then to name it Cleopatra? 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