Daily Headlines: Thursday, May 17, 2012

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May 17, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National EEOC Updates Best Practices for Using Criminal Records in Hiring Recognizing that technology has changed hiring procedures and also that more people are coming in contact with the criminal justice system, ... How Young Insurance Agents Are Changing the Industry There's a change happening — a big change. And some say young independent insurance agents are the catalyst for that change. They may ... Allstate Loses $280 Million on Disasters in April Home and auto insurer Allstate Corp. said on Thursday it lost $280 million in April on natural disasters, more than it lost in the first ... The Industry’s Role in Cutting Down Crooked Contractors Approximately one year ago, on Sunday, May 22 at about 5:30 p.m., Joplin, Mo. was devastated by a massive EF 5 tornado that at times was ... Insurers Warn Restaurants on Exposures That Could Interrupt Recovery The restaurant industry has endured a difficult few years and while some establishments didn't survive the economic storm, those that did... More National News East N.H. Senate OKs Reimbursement for Naturopaths Doctors of naturopathic medicine would be reimbursed by health insurance companies under a bill passed by the New Hampshire Senate. The ... Group Urges N.Y. to Overhaul Regulation of Force-Placed Insurance The Consumer Federation of America (CFA), a Washington, D.C.-based consumer advocacy group, today called on New York regulators to become a ... Aon Hewitt Says NYC Is World’s Lowest-Risk City For Employers New York maybe crowded and noisy, and the cost of living in the city is sky-high. But it's also the best city in the entire world for ... For Law Firm Dewey & LeBoeuf, the Time May Have Come for Last Rites For Dewey & LeBoeuf, the time may have come for last rites. It has laid off hundreds of employees, been hit with lawsuits for not paying ... Hartford’s Commercial Underwriter Joins S.H. Smith in Connecticut S.H. Smith & Co. Inc., a wholesaler and managing general agent headquartered in Hartford, Conn., appointed Tom Ferracci as ... More East News Midwest Missouri House Approves Bill on Suing Co-Workers Missouri lawmakers likely will not pass any legislation moving claims related to deadly work-related diseases into the workers' ... Great American's Trucking Division Expands Key Executive Roles Great American Insurance Group, headquartered in Cincinnati, Ohio, has expanded the responsibilities of three key executives in its ... MarshBerry Welcomes Lieblein as Executive Vice President Cleveland, Ohio-based provider of consulting services for independent insurance agencies and brokers, MarshBerry, has added Rob Lieblein as ... More Midwest News Southeast Misuse of BP Oil Spill Funds Prompts Changes by Florida County Amid a criminal investigation into the alleged misuse of funds paid by BP after the 2010 Gulf oil spill, a Panhandle county made big ... Florida Blood Bank Sued Over HIV Infection Says Supply Is Safe A Florida blood bank being sued by a patient who claims he was infected with HIV after a transfusion says its blood supply is safe. ... Hurricane Andrew Remembered at Storm Conference Florida's emergency managers are preparing for the upcoming tropical storm season by reexamining the lessons learned from Hurricane Andrew. ... More Southeast News South Central Texas Windpool to Remain Under Administrative Control Texas' insurer of last resort for wind and hail in coastal counties will remain under the administrative control of state regulators and ... Lafayette, Louisiana, Traffic Camera Program to Continue Lafayette, La.'s traffic camera enforcement program will remain in place. The City-Parish Council voted to extend Lafayette Consolidated ... Two Workers Hurt in Texas Fracking Tank Site Blast Two workers were hurt in an explosion at a hydraulic fracturing tank site in south Texas early on Wednesday, a sheriff's dispatcher said. ... More South Central News West California Legislator Calls for Hearing on Intervenor Fees State Sen. Juan Vargas, D-San Diego, has become the latest person to question intervenor fees, calling on the California Department of ... Brown & Brown Acquires Insurcorp Assets Brown & Brown Insurance of Nevada Inc., a subsidiary of Brown & Brown Inc., has acquired certain assets of Insurcorp and Maalouf ... Denver Agencies Holding Major Disaster Drill Nearly a dozen helicopters will fill the Colorado air as Denver-area emergency crews practice for a mass disaster. The exercise Wednesday ... Hawaii Health Insurance Providers Report 1Q Income Hawaii's two largest health insurance providers earned operating income during the first three months of the year. Hawaii Medical Service ... Woof! California Top Dog In Bites California is the top dog in State Farm's annual list of dog bite claims, and the state's reported 527 dog bite claims and more than ... More West News International Data Shows Iran Petro-Chemical Exports Plunge Due to EU Insurance Sanctions Iranian petrochemical exports have plunged nearly 90 percent in the last two weeks as most maritime firms, including those in Iran, cannot ... SaveOurSeafarers Organization Lauds EU Air Strike on Somali Pirate Bases SaveOurSeafarers, the organization that supports anti-piracy measures and aids the crews who are taken by pirates, has expressed its ... PERILS Q1 Report on European Windstorms Shows ‘Very Active Season’ PERILS, the Swiss-based insurance data provider, reports that "in contrast to an unusually quiet European windstorm season in 2010/11, the ... Cooper Gay Promotes Dalton promoted to Head of Risk Management London-based Lloyd's broker Cooper Gay & Co Ltd, the UK half of Cooper Gay Swett & Crawford (CGSC], announced that Peter Dalton has ... 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 CIBA Insurance purchasing group...Help Posted: Thu May 17 -- Just sent them a $72,000,000 TIV to review and quote, seven shopping center locations in and around Houston, TX. I await their response. tburn New GA getting appointments Posted: Thu May 17 -- Thanks so much for the info and advice... we do use Bliss quite a bit actually. Do you know about the capital requirements, if any? Are you... paulbennings Medical Diagnostic Equipment Mfg. - CA Posted: Tue May 15 -- It's less than a $2 rate for the GL, maybe a $0.15 rate on the property? Maybe try your preferred carriers (Allied, CNA, etc). I think they... LadyBroker Residential General Contractor - CA Work Comp Posted: Tue May 15 -- Try Builders & Tradesmen's Insurance- BTIS.com - they have work comp in addition to the contractor's gl FurriePrincess Are Insurance Agents Employees or Independent Contractors? Posted: Tue May 15 -- I get mad about this a lot. Most companies issue you a 1099 and that would say you were a Independent Contractor for IRS guidelines. When in... johnsharp Is it possible to get insurer appointments just starting out Posted: Tue May 15 -- You can get all the appointments you want if you have good sales and connections in that niche. I was a Captive Agent for 2 years and grew... johnsharp Aviation Products Liability - Non-Critical Parts Posted: Mon May 14 -- I have direct access to a few of the top carriers on avaition products, both critical and non. Please contact me to discuss. Ken... kmeeker Producer Compensation-Florida Posted: Mon May 14 -- Usual is around 30% of renewal commission. That is what I paid my producers for their renewals, and I would pay them 45% of the NB... mangroveman Go to Forums Reader Comments Consumer-Directed Health Plans Show Mixed Results Posted: Mon May 14 -- The inherent problem is that funding of healthcare through an "insurance" mechanism is wholly-inappropriate; It's simply not ethical to... William S. Vaughn, ARM Healthcare Costs for Insured American Family Top $20K in 2012: Milliman Posted: Wed May 16 -- Planet, I am glad you agree that Tort Reform should be a part of the bill. I had to laugh when I saw your second sentence. The President... First Agent C.M. Meiers Legal Battle Goes On, Allegations Heat Up Posted: Thu May 10 -- Oh come on. If you are WRK,you haven't been there. If you aren't WRK, you don't know what ER business endevors were. He had one of the... ??? Miami Boat Captain Charged with Insurance Fraud Over Sinking of $1.8M Yacht Posted: Thu May 10 -- Well, if this clown was just the captain and the loss was paid to the owner of the yacht, I wonder if he got a 'share in the spoils', and... reality bites Allstate Looks to Grow Florida Agency Force Again Posted: Wed May 16 -- OK, they turn all of their employees into sueto-independent contractors and have been in litigation with them for quite some time, oh! but... 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