Monday, August 27, 2012

Daily Headlines: Monday, August 27, 2012

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Insurance Journal Daily Headlines
August 27, 2012
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Tropical Storm Isaac Heads Into Gulf States; Hurricane Warning in Effect

Tropical Storm Isaac swirled into the Gulf of Mexico on Monday, disrupting U.S. offshore energy production and threatening to hit Louisiana ...

How Apple Outsmarted Samsung in Patent Dispute

In August 2010, just a few months after Samsung Electronics launched its Galaxy smartphone, a team of Apple Inc. lawyers flew to South ...

Now There’s an App for Workers’ Comp Claims

There's an app for just about everything. And although a new workers' compensation application from the University of Alabama at ...

From MyNewMarkets.com Community Associations Grow by Number and Exposure

In 2011, more than 62 million people lived in residential homes governed by a community association, including homeowners associations,...
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East

New Jersey Looks Back on Tropical Storm Irene One Year Later

New Jersey Gov. Chris Christie's blunt warning a year ago to ``get the hell off the beach!'' kicked off what became the costliest natural ...

N.J. Town Seeks to Limit Alcohol in Firehouses Over Insurance Concerns

Firefighters are upset that a northern New Jersey town is seeking to place limits on alcohol in firehouses. The Lodi Borough Council has ...

New York Teen With Cerebral Palsy Wins Multi-Million Dollar Lawsuit

The family of a Staten Island teen suffering from cerebral palsy won a multi-million dollar lawsuit filed against the hospital where the ...

Sandusky Victim Sues Penn St., Seeks Compensatory and Punitive Damages

A young man who testified against Jerry Sandusky sued Penn State last Friday, blaming the university for how its top officials dealt with ...

Del. Regulator Says State’s Captive Insurance Industry Growing Rapidly

Delaware's insurance commissioner, Karen Weldin Stewart, said this week the state's captive insurance industry is growing rapidly. She also ...
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Midwest

Man Pleads Guilty in Missouri Insurance Agent’s Death

A 33-year-old St. Louis man has pleaded guilty in the 2007 death of a Missouri insurance agent. Cleo S. Hines pleaded guilty on Aug. 24 in ...

Digital Insurance, Minnesota’s Bremer Financial Forge Alliance

Benefits-only insurance agency, Digital Insurance, announced an alliance with Minnesota-based Bremer Financial Corp. to manage the ...

Indiana Officials Looking Into BP Gasoline Recall

The Indiana attorney general's office has opened an investigation to ensure BP quickly responds to consumers' complaints about vehicles ...
Southeast

Mississippi High Court Declines to Rule on State’s Damages Cap

The Mississippi Supreme Court says it does not have enough information to decide whether the state's limit on non-economic damages — as ...

North Carolina Forms Workers’ Comp Scofflaw Task Force

North Carolina Gov. Beverly Perdue last week created a panel to find ways to crack down on businesses that are skirting North Carolina law ...
South Central

Louisiana Governor Urging Voluntary Evacuation Along Coast

With the National Hurricane Center showing Tropical Storm Isaac tracking northwest toward southeast Louisiana, Gov. Bobby Jindal has ...

Oklahoma Lawmaker Wants More Money in Workers’ Comp Case

An Oklahoma lawmaker who was awarded more than $61,000 in workers' compensation for injuries suffered in a collision as he drove to the ...

A.M. Best Downgrades, Withdraws Ratings of San Antonio Indemnity Co.

A.M. Best Co. has removed from under review with negative implications and downgraded the financial strength rating to D (Poor) from B ...
West

$77 Million Fund Created For Nev. Air Race Victims

Organizers of the Reno National Championship Air Races have established a $77 million fund to be distributed to those who suffered injuries ...

Wyoming Guides, Outfitters Question Liability Insurance

A number of Grand Teton National Park concessionaires are protesting rising liability insurance requirements for outfitters and guides. In ...

49ers, NFL Sued By Fans Attacked During SF Game

Two San Francisco 49ers fans who were attacked during a preseason home game against the rival Oakland Raiders have sued the team, parking ...

Workers’ Comp Poll Wants Your Opinion on California

Negotiating parties have finally come to terms on wording for a bill to reform California's workers' compensation system. The bill, Senate ...
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International

TS Isaac Drenches Haiti, Cuba; Turns West in Gulf of Mexico: AIR Analysis

According to catastrophe modeling firm AIR Worldwide, Tropical Storm Isaac made landfall about 40 miles [64 kms] east of Guantanamo, Cuba, ...

Powerful Typhoon Bolaven Nears Japan’s Okinawa Island

The strongest typhoon to approach Okinawa in several years was bearing down on the southern Japanese island on Sunday as residents were ...

Europe Drawn Back to its First Problem – Greece

The euro zone debt crisis was born in Greece. Nearly three years and two bailouts on Europe must decide whether to give the country yet ...

Swiss Re Reports Italian Insurance Market at ‘Crossroads’ of Change

According to Swiss Re's latest study - The Italian insurance market: opportunities in the land of the Renaissance – "Italy stands at ...

XL Group Names Fisher to Lead Canadian Reinsurance Operations

XL Group plc's reinsurance operations in Bermuda announced the appointment of Tim Fisher as Senior Vice President & Canadian Branch ...

Orlich Joins American Safety Reinsurance Bermuda

Michael Orlich has joined Bermuda-based American Safety Reinsurance Ltd. (ASRe) as a Casualty Underwriter to assist in the expansion of the ...
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Insurance Journal TV

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Agriculture Business Prepared for This Year's Drought

Record high temperatures in the Midwest have farmers facing the worst drought in over 20 year,...
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Concord Specialty Risk Coverage Addresses New IRS Reporting Requirements

Managing General Underwriter Concord Specialty Risk, which specializes in reps and warranties...

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New Discussions in the Forums

Monoline DPD- IA, MN, IL, WI??
Posted: Mon Aug 27 -- Hi, I'm looking for a dealers physical damage market for the Midwest states that is not DealerGuard or Diversified. Specifically, someone... jmartinez
Manufactured Home (in park) Insurance in Florida
Posted: Fri Aug 24 -- Thanks, no such program yet....maybe after a CAT loss something like that can be implemented for home insurance. agentagent
Insurance Pro AMS - Any experience?
Posted: Fri Aug 24 -- "helllooo...I am asking for help..I had read all the posts on this topic, but I hadn't seen any superb... ITCBeckySchroeder
Progressive Weasling?
Posted: Fri Aug 24 -- Ravisseur, your post is common sense and I agree with your points. One is that Progressive was not "defending her killer" per se but was... Marina
Motor Cycle dealer WC (CA)
Posted: Thu Aug 23 -- PEO is not an option. The account is too small anyway for a PEO. JAM
Wind Exposure-West Coast Florida
Posted: Wed Aug 22 -- Have you checked with any of the E&S Markets? Hull, Crump, or Burns-Wilcox? And, what about Orchid? They are writing tons of "with wind"... suba4004
Adding Value? Who Cares? And, who gets mad?
Posted: Tue Aug 21 -- I am somewhat bemused by all of the posts on this issue. It is my understanding in CA under the California Fair Claims Act and included in... mccluney

Reader Comments

Woman Sues Dallas Cowboys, Claims Bench Burned Buttocks
Posted: Thu Aug 23 -- Note to the jury - if the woman chose to sit, you must acquit! How do you not notice that the bench on which you're sitting is that hot? An American
Mississippi Woman Alleged to Be Habitual 'Slip and Fall' Claimant
Posted: Tue Aug 21 -- Three years isn't long enough. wvagt
2 Hurt by Text-Messaging Driver in N.J. Settle Lawsuit
Posted: Thu Aug 23 -- The lawyer, Weinstien, has gone to a new low level trying to say someone can be held liable if they are "electroniclly present". What a... John
Travelers Sues NFL Over Ex-Players' Brain Injury Lawsuits
Posted: Thu Aug 23 -- gee, I didn't know that banging your head as hard as you could into another hard head could POSSIBLY be hazardous to your future health. and... bob

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