Tuesday, August 28, 2012

Daily Headlines: Tuesday, August 28, 2012

Sponsored by: NSM Insurance Group. Hospice, Head Starts, Community Action Associates, MRDD/ARC, Charter Schools, Senior Services and Many More! Click here for more information.
Insurance Journal Daily Headlines
August 28, 2012
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Near-Hurricane Strength Isaac Takes Aim at New Orleans

Tropical Storm Isaac was near hurricane force as it bore down on the U.S. Gulf Coast on Tuesday and was expected to make landfall in the ...

Crop Insurance Claims to Exceed $13 Billion: AIR

The drought in the U.S. agricultural heartland continues to deteriorate crops in the Corn Belt with no meaningful precipitation relief in ...

Employers Committed to Offering Health Plans; Cost Seen Going Up 5.3% in 2013

Following the U.S. Supreme Court decision on health care reform, most employers (88 percent) have affirmed their commitment to offer health ...

10 U.S. Cities with Safest Drivers

This year's top honor of "America's Safest Driving City" is Sioux Falls, South Dakota, where the average driver will experience an auto ...

Towers Watson, Hughes Telematics Offer Auto Insurers Usage-Based Service

Professional services firm Towers Watson is teaming with Hughes Telematics, Inc. (HTI), a Verizon company, to provide U.S. auto insurers ...

Torus Adds New Coverage for the Reproductive Medicine Industry:

Torus has expanded its medical expense liability and medical professional liability coverage to the rapidly-growing reproductive medicine ...

Chubb Launches Insurance Product for Health Care Fraud, Data Breaches

The Chubb Group of Insurance Cos. has introduced insurance coverage to help small to mid-size health care organizations manage some of ...

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,...
Join us August 30, Crimes, Torts, Negligence, Legal Liability and Insurance - New training from Insurance Journal's Academy of Insurance - Reserve Your Spot Today
East

After the Rain: Irene’s Lessons to the East Coast

Antonia Schreiber is taking no chances on the next big storm. The remnants of Hurricane Irene turned the 200-year-old building that housed ...

Parents Sue Cornell University Over Son’s 2010 Death

The parents of a Cornell University sophomore who died in the Fall Creek gorge two years ago are suing the university for negligence in ...

Connecticut Moving Ahead With New Health Care Exchange

Connecticut officials are pushing ahead with plans to set up the new health insurance exchange, a marketplace where individuals and ...

3 Maine Agencies Included in State’s Annual ‘Best Places to Work’ List

Three independent insurance agencies in Maine have made the state's seventh annual "Best Places to Work in Maine" list. The list is ...
Love the Retail Agency you work for? Click Below to Nominate It for IJ's Best Agencies to Work For! Click here for more information.
Midwest

Michigan Workers’ Compensation Rates to Drop Again

Michigan's regulators say the state's workers' compensation premium rates are dropping for the second year in a row. Michigan ...

Report: Iowa School Bus Inspection System Has Gaps

Almost 100 Iowa school buses have been repeatedly labeled unsafe to transport children in the past five years. The Des Moines Register ...

School Bus Liability Insurance Bill Signed by Illinois Governor

A bill that updates and clarifies liability insurance standards for operators of buses by schools and other organizations has been signed ...
Southeast

Isaac Blows Past Florida Keys with Little Damage

Tropical Storm Isaac rolled over the open Gulf of Mexico on Monday, where it was expected to grow into a hurricane before hitting land ...

North Carolina Learned Lessons from Last Year’s Category 1 Irene

This time last year folks in Beaufort County, North Carolina were packed up and ready to heed an evacuation warning when Hurricane Irene ...

Florida's Citizens Insurance Lowers Isaac Claims Estimate

As Tropical Storm Isaac moves westward away from Florida and toward Louisiana, Florida's largest property insurer has lowered its ...

Alabama Coast Evacuated for Isaac; Georgia Warned on Flooding, Tornadoes

Coastal Alabama is under a mandatory evacuation order as Isaac churns through the Gulf of Mexico. Gov. Robert Bentley ordered residents of ...

Patriot National Names Peters Chief Operating Officer

Workers' compensation company Patriot National Insurance Group has named Bob Peters as chief operating officer. Peters will oversee the ...

Florida Citizens Insurance Adjusters Ready for Isaac Claims

Citizens Property Insurance Corp. in Florida says teams of adjusters are preparing to assess damage caused Tropical Storm Isaac. In a ...
South Central

Louisiana Gears Up for Isaac

As Tropical Storm Isaac moved steadily toward Louisiana, residents geared up Monday for what has become an almost familiar Labor Day week ...

Louisiana State AgCenter: Isaac Could Wreck Excellent Crop Year

In addition to destroying homes and buildings and displacing residents in the storm's path, Tropical Storm Isaac, which may reach ...

Arkansas in Forecast Zone for Tropical Storm Isaac

Arkansas is expected to see wind and rain from Tropical Storm Isaac, which is expected to make landfall on the Gulf Coast on Aug. 29. ...

Galveston Man Gets Prison for Hacking Texas DPS

A hacker who targeted Texas Department of Public Safety computers has been sentenced to more than two years in federal prison. Prosecutors ...
West

NTSB: Plane Topped Limits In 2011 Reno Race Crash

A highly modified vintage aircraft was pushed beyond its structural limits before it crashed into spectators at last year's National ...

Ashland Gun Club Insurance Dispute with Lloyd’s

Lloyd's of London says the liability insurance it provides for the Ashland Gun Club in Oregon covers bodily injury and property damage, ...

Study: Workers' Comp Reform Bill Increases Costs $300M

A workers' compensation reform bill was officially introduced on Monday, and the same day the California Workers' Compensation ...

Judges Tout Wikipedia in 'Jet Ski' Exclusion Ambiguity

A Utah Court of Appeals ruled the term "jet ski" to be ambiguous as exclusion in a homeowners' policy, and to back up its decision ...

Richter Joins Woodruff-Sawyer

San Francisco, Calif.-based Woodruff-Sawyer & Co. named David Richter vice president of executive benefits and succession planning. He ...
Sponsored by: Bakersfield I-Day. In honor of our 60th Anniversary, this year's theme is the 60's. IBA Kern Trade Show and Golf Tournament 2012. November 7 and 8 - Bakersfield, CA. Click here for more information.
International

Typhoon Bolaven Strikes Okinawa; Heads for South Korea: AIR Analysis

According to catastrophe modeling firm AIR Worldwide, Typhoon Bolaven made landfall on northern Okinawa around 12:00 UTC on August 26, as a ...

Arctic Sea Ice at Record Low; Expected to Keep on Melting

The world's Arctic ice cap has shrunk to a new low, surpassing a record set only five years ago, and is expected to keep retreating for a ...
Top 5 Mistakes When Hiring Producers - New training from Insurance Journal's Academy of Insurance - Reserve Your Spot Today
Sponsored Content

Insurance Marketing Boot Camp Hosts Umberto Fedeli, Other Top Agents

Bend, OR, 08/28/12 - "We're so excited to announce Umberto Fedeli will be among seven other 'million dollar plus' agency owners and ...
Meet Marine Jeff Combs, Swett Warrior who lost his arm in Iraq Check it out.
Insurance Journal Blogs

Fla. Citizens Dodges Isaac; La. Citizens May Not Be So Lucky

Florida's Citizens Property Insurance Corp. can now breath a major sigh of relief, as Tropical Storm Isaac delivered just a glancing blow ...

Join the Insurance Journal Network

Twitter Facebook LinkedIn


Insurance Journal TV

Video thumbnail

LexisNexis Insurance Exchange Gets New Leader, New Drive

The LexisNexis Insurance Exchange — an online single-entry submission system that...
Video thumbnail

Agriculture Business Prepared for This Year's Drought

Record high temperatures in the Midwest have farmers facing the worst drought in over 20 year,...

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

Life Agent working for P&C Agency
Posted: Mon Aug 27 -- I would like to know if anyone reading this has successfully worked with a P&C agency to sell life insurance and maintained their... austex
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

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
Calif. School District Sued Over Sex Ed Program
Posted: Thu Aug 23 -- No, let's just hand out chasity belts and dentata vagina vessels. These kids don't need sex ed. We're trying to go back to the '50's with... Captain Planet
Oklahoma Lawmaker Wants More Money in Workers' Comp Case
Posted: Mon Aug 27 -- Kind of knocked goofy?? I'd say you were already goofy to begin with. A State legislator milking the system. And a Republican at that! Seems... Say What?
Macy's Sues J.C. Penney in N.Y. Over Martha Stewart Deal
Posted: Tue Aug 21 -- Shouldn't Macy's be suing Martha, not JCPenney for breach of contract? CB
South Carolina Man Admits to Sawing Off Man's Hand for Insurance Money
Posted: Thu Aug 23 -- I know that I shouldn't be surprised with insurance fraud, but it is people like Player who make me sick. A maximum of 5 years? The guy... Appalled

Current Issue

August 20, 2012
Current Issue
Satire Issue (Funny stories, weird claims, reader submissions and wacky ad contest.)

More Newsletters

Choose Newsletters
Enter Your E-mail

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.
Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2012 by Wells Media Group, Inc.

No comments:

Post a Comment