Daily Headlines: Thursday, September 20, 2012

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September 20, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Agents Cite Advance in Fight Against Medical Loss Ratio A House subcommittee has advanced a bill that would exclude agency commissions from the formula that limits how much health insurers can ... Bank Group Warns of Heightened Risk of Cyber Attacks A financial services industry group warned U.S. banks, brokerages and insurers on Wednesday to be on heightened alert for cyber attacks ... Fall Season Reminder: Heating Causes 14% of Home Fires Heating is the second leading cause and accounts for 14 percent of all residential building fires responded to by fire departments across ... Pentagon Warns Private Computer Networks on Vulnerability to Cyber Attacks Privately-owned U.S. computer networks remain vulnerable to cyber attacks, and many U.S. companies are not doing enough to protect them, ... John Hancock, Law Firm Face Tax Shelter Racketeering Lawsuit John Hancock Life Insurance Co. and its law firm, Edwards Wildman Palmer, must face a class action accusing them of violating racketeering ... Gates, Buffett Still Top of Forbes List of Richest Americans The net worth of the richest Americans grew by 13 percent in the past year to $1.7 trillion, Forbes magazine said on Wednesday, and a ... Pawlenty to Head Financial Services Roundtable Former Republican presidential hopeful Tim Pawlenty will become the head of the Financial Services Roundtable, a U.S. financial services ... Court Orders Rehabilitation for Home Value Insurance Co. Home Value Insurance Co. was ordered into rehabilitation by an Ohio court on Aug. 31, 2012, and has been prohibited from selling insurance... More National News East Maryland Issues Consumer Advisory on 'Lender-Placed' Insurance The Maryland Insurance Administration issued a consumer advisory this week, reminding consumers that lapsed insurance policies can lead to ... Maine State Worker Guilty of Workers Comp Fraud A state Transportation Department worker has been convicted of stealing thousands of dollars' worth of workers compensation benefits by ... Vermont Sheriff Gets Education Grant for Young Drivers The Caledonia County Sheriff's Department and St. Johnsbury Police Department are going to teach young Vermont drivers about the dangers of ... Q&A: Valuing Sexual Abuse Claims Not Simple Penn State already faces four lawsuits over the Jerry Sandusky child sexual abuse scandal, and at least 20 people with potential claims ... More East 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 Midwest Meemic Insurance Services Now Available to Wisconsin Educators Meemic Insurance Co., a Michigan-based insurance provider offering personal auto, homeowners, and umbrella coverages tailored exclusively ... Iowa Judge: Texas Firm Must Pay Disabled Workers $1.4M A Texas company that profited for decades by supplying mentally disabled workers to an Iowa turkey plant at wages of 41 cents per hour must ... McPherson Joins The Horton Group as Sales Consultant Brian McPherson has joined Chicago-based The Horton Group as a sales consultant responsible for generating new business and providing ... More Midwest News Southeast Gunshot Claim Not Barred by Workers' Comp Settlement: Georgia Supreme Court A worker who unintentionally shot a co-worker can be sued in civil court since his actions were outside the scope of his normal duties and ... Mississippi Court Hears Challenge to Death Certificate As Evidence in Accident Prosecutors have asked the Mississippi Supreme Court to reinstate the conviction of Jeffrey Dale Beecham, who won a new trial because the ... More Southeast News South Central Former Arkansas Agency Owner, Standridge, Pleads Not Guilty in Fraud Cases A Mount Ida, Ark., man who operated several insurance agencies across the state has pleaded not guilty to federal fraud charges. Steven ... Oklahoma Prosecutor: Charges Expected In Creek Co. Wildfire An assistant Creek County, Oklahoma, district attorney says charges are expected soon in connection with an August wildfire that burned ... Corpus Christi Leaders Approve Settlement in Police Hiring Case Leader of a South Texas city have approved a $700,000 settlement for female police applicants who failed a physical ability test. The ... More South Central News West Marsh Names Cameron, Ott in West Marsh named Alice Cameron as west zone leader of Marsh Private Client Services and Susan Ott as San Francisco PCS office leader. Cameron is ... Calif. Workers' Comp Reform Dominates Conference Senate Bill 863, or the more popular usage "SB 863," was the phrase at the beginning, end or middle of many-a-conversation during the ... Goddard Joins Yates Deashawn Goddard has joined Tustin, Calif.-based managing general agent Yates and Associates as a broker. Goddard spent the past eight ... More West News International Industry Faces Cyber Risks in Shift from Tangible to Intangible Property If Mike McGavick is right, the business world will soon be carrying the equivalent of a massive data base in a cell phone. Technology has ... U.S., Trade Allies Push for International Services Talks A proposed international agreement to reduce barriers to trade in service sectors ranging from banking to telecommunications [including ... XL Group Opens New Insurance Office in Lyon France XL Group plc's insurance operations announced the opening of a new office in Lyon , France and the appointments of Auberi Etienne and ... Willis Opens New Office in Malta Willis Group Holdings plc has opened a new office on the island of Malta, which it said is "to serve its growing captive and commercial ... Ratings Recap: Emirates, Sorford, BF&M, Unity Re A.M. Best Europe - Rating Services Limited has affirmed the financial strength rating of 'A-' (Excellent) and issuer credit rating of "a-" ... 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 National Agents Alliance? Legit or Keep Away? Posted: Thu Sep 20 -- I have read literally every single post on this forum plus dozens of other comments on sites regarding NAA and the big question about if... helenanana 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 Computer Fraud / Crime Coverage Posted: Wed Sep 19 -- Thank you jamesjordanmair. Can you recommend a wholesaler who has access to this CNA program? uwalka03 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 Taxi Cab Insurance Posted: Mon Sep 17 -- If you do not have direct access and know the market its a waste of time to try and write though a GA. Often they dont have the competitive... JAM Reliable Car Insurance Quotes Posted: Mon Sep 17 -- An expierenced agent will be the best route for you. Insurance can get complicated when you're not certain of what you need to make sure you... gainsurancegirl Homeowners Insurance with open claim Posted: Mon Sep 17 -- And that's why the Insurance Gods made the non admitted market...usually good coverage at a higher rate...Lexington is a major player in... d's insurance store Selling a complementary product alongside insurance policies Posted: Sat Sep 15 -- Thank you, Rob. I sponsored a regional insurance trade show earlier this month and got some interesting feedback. My takeaway from that was... wiseleo 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 Second Man Pleads Guilty in Grisly South Carolina Insurance Fraud Posted: Mon Sep 17 -- Yep, they should have their hand's sawed off the same way. EyeForAnEye 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.... 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 Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue September 10, 2012 High Income / High Profile; Top Workers' Comp Writers; Residential Contractors 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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