Daily Headlines: Wednesday, August 1, 2012

Contact us | Subscribe | Send to a Friend

August 1, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Obama Tightens Sanctions on Banks Helping Iran Sell Oil President Barack Obama announced new U.S. sanctions on Tuesday against foreign banks that help Iran sell its oil and said the measure would ... Judge Rules Stanford’s U.S. Receiver to Keep Control of Ponzi Scheme Case Allen Stanford's U.S. court-appointed receiver may keep control of the process to collect and distribute the convicted Ponzi schemer's ... Allstate Blows Past Q2 Earnings Estimates on Lower Disaster Impact Home and auto insurer Allstate Corp swung to a profit in the second quarter, smashing recently lowered Wall Street expectations, after its ... AIG’s SunAmerica to Acquire Woodbury Financial Services from The Hartford American International Group announced that its life and retirement business, SunAmerica Financial Group, Inc., has signed a definitive ... Cincinatti Insurance Co., IDentity Theft 911 to Offer Data Breach Services to Insureds IDentity Theft 911, an identity management and data risk management service company, is partnering with The Cincinnati Insurance Company to ... Concord Specialty Risk Coverage Addresses New IRS Reporting Requirements Powered by InsuranceJournal.tv Managing General Underwriter Concord Specialty Risk, which specializes in reps and warranties insurance,... More National News East Md. Regulators Advise College Students to Get Smart About Insurance As students head off to college in the fall, the Maryland Insurance Administration is encouraging young adults - and their parents - to get ... Natural Gas Drilling Co. Tells N.Y.: Stop the Local Bans or We’ll Sue A natural gas drilling company is taking a new tack in the industry's fight against local drilling bans: It's threatening to sue if New ... N.Y. Judge Orders Iran, al-Qaida to Pay $6B for 9/11 A federal judge in New York has ordered al-Qaida, the Taliban and Iran to pay $6 billion to relatives of Sept. 11 victims for aiding in the ... Rhode Island Hosting Statewide Hurricane Response Training This Week Rhode Island emergency management officials are testing the state's response to a major hurricane. The state's National Guard and Emergency ... New Hampshire Fire Marshal Warns of Lightning Hazard New Hampshire's fire marshal is warning homeowners to make certain that natural and propane gas lines coming into their homes are properly ... More East News Midwest Mercedes Benz Pays $618K Judgment in Wisconsin Lawsuit Mercedes Benz has paid the $618,000 the Wisconsin Supreme Court says it owed in a lemon law case after the victorious attorney sought ... Kansas Increases Scrutiny of Some Health Insurance Rates Kansas insurance regulators are complying with part of the federal health insurance reform law that requires more scrutiny of health ... North-Central Nebraska Wildfires 100 Percent Contained Authorities kept watch over parched grass and vegetation near the site of three contained wildfires in north-central Nebraska as the fire ... PURE to Offer Coverage to High-End Homeowners in Missouri Privilege Underwriters Reciprocal Exchange, a policyholder-owned property/casualty insurer exclusively focused on high net worth ... More Midwest News Southeast Florida's Workers' Compensation Check Fraud Efforts Produce Results Just months after Florida lawmakers enacted a new law designed to target the role of check cashing companies in the construction industry, ... S.C.-Based Michelin N.A. Recalls 841K Tires, Says Tread Can Separate Michelin voluntarily recalled around 841,000 BFGoodrich and Uniroyal tires last Thursday because the tread can separate, causing rapid air ... OSHA Urges W.Va. Outdoor Workers to Stay Safe, Prevent Heat Illness The U.S. Department of Labor's Occupational Safety and Health Administration is asking employers to make sure their workers are taking ... More Southeast News South Central Federal Court in Louisiana Reverses $300K Sex Harassment Award A federal appeals court has thrown out a $300,000 court award for an iron worker in a sexual harassment lawsuit filed against Boh Brothers ... Texas Employers Add Nearly 13K Jobs in June Although the unemployment rate rose slightly in Texas in June 2012 compared with May 2012, the state still added nearly 13,000 nonfarm jobs ... At Least 10 Homes Damaged in Oklahoma Grass Fires Grass fires damaged at least 10 homes and burned about 1,500 acres before crews were able to control them late on July 30, authorities in ... More South Central News West Lawsuit Says Voter Guide Statements Incorrect Proponents of the vehicle insurance discount initiative on the November ballot say California's voter guide statements on Proposition 33 ... Ramstetter Joins Lockton’s Denver Operation Kyle Ramstetter has joined Lockton as a producer based in the insurance broker's Denver, Colo. office. Ramstetter will be responsible for ... More West News International The Libor Scandal – an Ongoing Major Catastrophe The scope of the investigations that are unfolding in the wake of the charges against Barclay's Bank that it rigged the London Interbank ... Recession, Libor, Facebook Punish Europe’s Banks Leading European banks reported dismal profits on Tuesday, blaming everything from the continent's debt crisis and Spain's property market ... India Power Failure Hits Millions; Among World’s ‘Worst Blackouts’ Hundreds of millions of people across India were left without power on Tuesday in one of the world's worst blackouts, trapping miners, ... Legal Expert Taherbhai Joins Aon Infrastructure Solutions in Canada Aon Infrastructure Solutions, the global risk advisory group for alternative project delivery of Aon plc, announced that Tariq Taherbhai ... More International News Join the Insurance Journal Network Insurance Journal TV New PURE Program Provides Extra Flooding Services for High-Value Homeowners A new flood coverage suite from Privilege Underwriters Reciprocal Exchange, or PURE, now... Watch Now Agency Capitalizes on Obamacare Shawn Pynes, principal with Barney & Barney, discusses the benefits business following... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums D&O for Non Profit Posted: Tue Jul 31 -- I don't think it's a matter of who will insure a non profit, I think it's a matter of who will insure them for Civil Rights violations.... LadyBroker CPCU ?? Posted: Tue Jul 31 -- If you have experience in life issues, what is your goal? it is difficult to maintain an expertise is every line of insurance. I am... mccluney National Agents Alliance? Legit or Keep Away? Posted: Mon Jul 30 -- Dallas Viper should go to work for Farmers Ins. They sell the same load of c--p too. Since he believes in Fairy Tales he would fit right in... Presl70 Independent Agency Growth Rate Posted: Mon Jul 30 -- What would you say the average annual growth rate for your independent insurance agency is? I have read that between ten and twenty percent... WBF Track Your CSR's Daily Sales Activity Posted: Mon Jul 30 -- Please accept my apology in advance if I sound a bit skeptical. Just would like you to verify that you are an "honest-to-goodness" agency... jackwehoca painting contractor in Ca for Comp Posted: Mon Jul 30 -- Insured has been out of force for 45 days approximately. $100000 in payroll. Inside and outside painting class code 5482 No... trotter AMS360 for accounting? Posted: Mon Jul 30 -- I found these two insurance journal articles to explain a lot about how accounting should function. Then maybe consider which systems can... Riskmaster Go to Forums Reader Comments Former Citigroup Chief Weill Surprises with Call for Break-Up of Big Banks Posted: Thu Jul 26 -- It really is pretty simple TM. These big boys knew the sentiment would be they were too big to fail and the government would come to their... Agent California Court Reinstates Lawsuit Against Glock Posted: Fri Jul 27 -- Here's a basic formula for all gun owners to memorize: guns + kids = tragedy Ins Guy President Obama Declares Disaster for Virginia Storm Damage Posted: Mon Jul 30 -- Funny how Obama declares FEMA assistance to Florida for a small tropical storm, Now Virginia FEMA assistance! Whats next Ohio for a storm... Sarah Texting Driver in South Dakota Charged with Manslaughter Posted: Mon Jul 30 -- Sadly you can pass all of the laws you want but it will only stop the already law abiding, conscientious drivers from texting and talking on... LP House Backs Obama Quashing of Safety Rules for Child Farmworkers Posted: Fri Jul 27 -- Deficits, as long as they are manageable, are not always a bad thing. In a 2004 interview then Senator Barry Obama said that George Bush's... Sargent Major Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue July 23, 2012 Excess, Surplus & Specialty Markets Directory Vol. II More Newsletters Choose Newsletters Daily Headlines Weekly Reader Picks Magazine Update Insurance Journal TV Classifieds Breaking News MyNewMarkets Daily Claims Daily Enter Your E-mail Market Directories Excess & Surplus Markets Programs Workers' Comp Markets New Insurance Jobs Commercial Lines Account Manager Marketing Representative Commercial Producers Territory Marketing Manager Have a job opening? List it on our Web site. 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. Subscribe | Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2012 by Wells Media Group, Inc.