Daily Headlines: Monday, September 24, 2012

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September 24, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Drivers Disapprove of Non-Driving Insurance Factors, Says Consumer Group Consumers do not think it is fair for auto insurers to use level of education, occupation and lack of previous insurance in setting prices. ... Tax Penalty to Hit 6 Million Who Don't Buy Health Insurance by 2016 Nearly 6 million Americans -- significantly more than first estimated-- will face a tax penalty under President Barack Obama's health ... Judge Lets Wal-Mart Discrimination Case Proceed A U.S. judge rejected Wal-Mart Stores Inc.'s request to dismiss a gender discrimination case filed in California, but said he would rule ... NAS Insurance Launches Coverage for Lost Revenue From Cyber Breach Claims NAS Insurance Services, Inc. has launched a new insurance coverage that pays companies for lost revenue in the event of a cyber-breach. The ... 3 States Join Lawsuit Challenging Dodd-Frank Law Three U.S. states have joined a lawsuit that challenges the constitutionality of the 2010 Dodd-Frank law that overhauled U.S. financial ... Workplace Injuries Less Likely Where Employers Provide Paid Sick Leave Workers with access to paid sick leave are 28 percent less likely overall to suffer nonfatal occupational injuries than workers without ... Fatal Work Injuries Decline The number of fatal work injuries in 2011 in the U.S. was slightly lower than in 2010. Last year, 4,609 workers died from work-related ... The Wait is Over: MyNewMarkets.com is Now Better than Ever MyNewMarkets.com has relaunched with a major site redesign that includes user-friendly enhancements to its search function. For the... More National News East Delaware Court Allows Blockbuster $305 Million Attorneys' Fee Two law firms were poised on Friday to collect a blockbuster $305 million in legal fees for their work on a lawsuit, after Delaware's ... Met P&C to Pay $345K in Restitution to Massachusetts Consumers An auto insurance company will pay close to $345,000 in restitution to Massachusetts consumers and an additional $50,000 to the state as ... N.Y. Court Grants Injunction in Aon, Alliant Employee Poaching Case A New York court granted a new injunction in the ongoing legal fight between Aon and Alliant Insurance Services over alleged poaching of ... New Jersey Tells Drivers: No Smiles Allowed in License Photos New Jersey motorists have another reason to frown about their driver's license photos. The state has banned motorists from making big ... New York Inmates Sue for Dental Floss and $500 Million Some jail inmates are trying to put a $500 million bite on a suburban New York county in a lawsuit demanding access to dental floss. Eleven ... More East News Midwest Ohio Insurance Agent Sentenced for $39K Theft A Cincinnati, Ohio-area insurance agent has been sentenced for theft from Hamilton County residents, the Ohio Department of Insurance ... Scherer Named Chief Insurance Officer at The Cincinnati Insurance Co. Cincinnati Financial Corp., in Cincinnati, Ohio, has named Jacob F. Scherer chief insurance officer of The Cincinnati Insurance Co. Scherer ... 2 Univ. of Akron Employees Resign after Harassment Claim Two University of Akron employees, including a Republican candidate for Summit County, Ohio sheriff, have resigned their positions after a ... More Midwest News Southeast Florida Rep. Hits Citizens for 'Rushing' Surplus Loan Proposal A plan by Florida's state-backed property insurer to loan private insurers millions of dollars in surplus in exchange for removing policies ... Alabama Law on Car Locking Devices in DUI Cases Goes Into Effect A new law requires that some people convicted of drunken driving install devices that prevent them from starting their vehicles if they ... Republicans Opposing 3 Florida Justices The Republican Party of Florida is injecting itself into this year's state Supreme Court elections. The party's executive board last week ... Insurer Ordered to Pay in North Carolina Parasailing Deaths An insurance company has been ordered to finish paying $100,000 in the 2009 deaths of two women who were parasailing in Ocean Isle Beach. ... Retrial Ordered in Florida Condo Association Suit Against QBE Insurance A federal appellate court has reversed a $7.2 million judgment and ordered a new trial in a Florida hurricane insurance case. The 11th ... More Southeast News New Book from Insurance Journal In The Insurance Professional's Practical Guide to Workers' Compensation, Chris Boggs addresses in clear, jargon-free English many of the concepts, policies and practices in workers compensation that brokers, risk advisors, and corporate risk managers need to know. View Now South Central Company Cited for Safety/Health Violations at Louisiana Facility The U.S. Department of Labor's Occupational Safety and Health Administration has cited Westlake Vinyls Co. LP in Geismar, La., for 10 ... Bank Files Foreclosure Suit Against Arkansas Lieutenant Governor A bank is suing to foreclose on the Springdale, Ark., home of Lt. Gov. Mark Darr, who says he didn't realize how far behind he was on the ... Rate Hikes Lead to Less Insurance Coverage for Louisiana Parish Schools The Livingston Parish School Board will cut the district's property insurance coverage in half to keep from paying an additional $224,000 ... McNeese State University in Louisiana Offering Insurance Licensing Course The Louisiana Consortium of Insurance and Financial Services at Louisiana State University-Shreveport will offer a pre-licensing course on ... More South Central News West Asbestos Found In N.M. State Office Building The New Mexico General Services Department says low levels of asbestos have been found in a state building that's scheduled for an $18 ... Wyoming Agency Seeks $60,000 From Sinclair After Fire Wyoming workplace safety regulators have handed down a dozen citations and are seeking more than $60,000 in fines against Sinclair Oil for ... Kinder Morgan to Pay $316,000 Over 2 Wyoming Plants Federal regulators say Kinder Morgan Upstream LLC has agreed to pay $316,000 for violating risk management plan provisions at its natural ... LAPD Chief Seeks Appeal Of $5.7M Jury Award Los Angeles Police Chief Charlie Beck is urging that the city appeal a jury's decision to award $5.7 million to a convicted felon who was ... More West News International China Eases Access to Insurance, Travel industries China has eased restrictions on foreign companies in parts of its insurance, travel and delivery industries in a possible effort to reverse ... Catalina Acquires Runoff Vehicle KX Re from Tawa Catalina Holdings (Bermuda) Ltd has announced that it has signed a definitive Share Purchase Agreement to acquire 100 percent of the shares ... Best Affirms AXIS Specialty and Subs 'A' Ratings; Outlook Positive A.M. Best Co. has affirmed the financial strength rating (FSR) of 'A' (Excellent) and issuer credit ratings (ICR) of "a+" of AXIS Specialty ... Best Affirms/Withdraws Ratings of RSA's Main UK Operating Subs A.M. Best Europe - Rating Services Limited has affirmed the financial strength rating (FSR) of 'A' (Excellent) and issuer credit ratings ... Ratings Recap: Casiopea Re, FM (UK), Jamaica Int'l., Salama, BEST RE A.M. Best Europe - Rating Services Limited has affirmed the financial strength rating of 'A-' (Excellent) and the issuer credit rating of ... More International News Join the Insurance Journal Network Insurance Journal TV Swiss Re's Chief Economist on the State of the Global Economy The re/insurance industry is subject to the vagaries of the global economy, about which it can... Watch Now Agriculture Business Prepared for This Year's Drought Record high temperatures in the Midwest have farmers facing the worst drought in over 20 year,... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Producer book buy out Posted: Fri Sep 21 -- If I own my book of business and i go to work for a agency, will the agency compensate you for the value of the book of business if they... ajh1204 National Agents Alliance? Legit or Keep Away? Posted: Fri Sep 21 -- You answered all your concerns in two sentences: "I actually hate sales jobs. I am only semi-interested because people have supposedly... jackwehoca CA Work Comp for Recycling Collection Center Posted: Thu Sep 20 -- James, Thank you for your reply. Do you have a contact at USG I can use? Best regards, Sarkis InsureTime Certificate of Insurance Tracking - Access or Excel Database Posted: Wed Sep 19 -- Based on your question, one of your biggest concerns is that you don't want a solution that is going to cost you anything. Business... bcsaudit Go to Forums Reader Comments Top 5 Reasons Employees Leave and Stay Posted: Mon Sep 17 -- As the economy continues to improves, employers will see more and more employees leaving for lack of increased compensation. At that time,... MadDog Lawsuit Claims Bird Attack On Maui Golf Course Posted: Mon Sep 17 -- If you ask me, long before this attack on Mr. Sakamura, the golf course should have brightened up Tiny Tim's Christmas by giving him the... Rusty Hanover Insurance Group Advises Dog Owners to Take Protective Measures Posted: Wed Sep 19 -- "Avoid exposing the dog to new situations...." How about this, expose the puppy to every new situation you can! Early and often. A well... ssalz North Carolina Farm Bureau's Credit Rating Lowered Posted: Wed Sep 19 -- FB has been buying business and severely undercutting other carriers for years, and now they're seeing the fruits of their work -... NC P&C Agent Hurricane Isaac Washed Away Alabama's Sand Island Posted: Tue Sep 18 -- Anyone else feel that rebuilding this island is a waste of resources? Grrrr.... Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue September 24, 2012 Professional Liability Directory; The Best Insurance Agencies to Work For; Inland Marine 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 Underwriting Manager - Workers Compensation Marketing Representative - Idaho & Eastern Oregon Product Manager - Personal Lines Auto Underwriter - Travel Have a job opening? List it on our Web site. 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