Thursday, September 27, 2012

Daily Headlines: Thursday, September 27, 2012

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

Today's Headlines

National

Bundlers of Joy: Satisfaction with Home Insurers at 12-Year High

Overall customer satisfaction with homeowners insurance companies is the highest in the 12 years J.D. Power and Associates has measured it, ...

Americans Do Not Expect Total Repeal of Health Care Law: Poll

They may not like it, but they don't see it going away. About 7 in 10 Americans think President Barack Obama's health care law will go ...

Prudential Close to Deal to Buy Hartford Life Insurance Unit: WSJ

Prudential Financial Inc. is close to a deal to acquire the individual life insurance business of Hartford Financial Services Group Inc, ...

Drivers May Be Unaware of Texting Habit: Study

Texting while driving is considered a serious public safety concern, but a new University of Michigan study suggests that drivers might not ...

Aon Hewitt to Begin Enrolling Employees in Private Benefits Exchange

This fall more than 100,000 U.S. employees will be enrolling in health benefits through a multi-carrier private health care exchange set up ...

From MyNewMarkets.com How Agents and Carriers Can Find Gold in Personal Lines

Independent agents and their companies have over the years been beaten in the personal lines market by direct response carriers and captive...
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East

291 Died in NYC Traffic Accidents Last Fiscal Year: Mayor's Report

The annual management report from New York City Mayor Michael Bloomberg shows there were 291 citywide traffic fatalities for the fiscal ...

Poll: Majority of N.J. Voters Support Requiring Pet Seat Belt Use

The proposal has received some ridicule, but a new poll shows New Jersey voters support the idea of requiring pets to be in crates or ...

TAPCO Underwriters Names Marketing Representative in Northeast Region

TAPCO Underwriters Inc., a Burlington, N.C.-based managing general agent specializing in high-volume, middle-market excess and surplus ...

Vermont Captive Insurance Leader Discusses Emerging Areas, Challenges

Vermont is the leading onshore captive insurance domicile. The Green Mountain State now has over 900 captives, having licensed more than ...
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Midwest

American Family Acquiring Permanent General, Lumbermens Casualty

American Family Insurance, based in Madison, Wis., is acquiring Nashville, Tenn.-based PGC Holdings Corp. and its subsidiaries, including ...

Kansas Governor Asked to Set Health Exchange 'Benchmark'

Kansas' insurance regulator is asking Gov. Sam Brownback to spell out the requirements for health coverage to be sold in a new online ...

Report on Chicago Airport Highlights Air-Traffic Control Problems

Federal transportation investigators have released a preliminary report about two near midair collisions at Chicago's O'Hare International ...
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Southeast

South Carolina Erotic Dancer Not Covered by Workers' Compensation

A South Carolina court has found that an erotic dancer who suffered a gunshot wound while performing is not eligible for workers' ...

Assurant Solutions Taps Marcotte as International Operations Head

Assurant Solutions has named Shawn Marcotte to serve as chief operating officer and vice president of its International Operations. ...
South Central

Tejas American General Agency Launches TAGA Program Managers

Tejas American General Agency (TAGA,) a Texas-based specialist in surplus lines and wholesale insurance services, announced the launch of a ...

Texas Mutual Adds Osmond as Claims Manager in Dallas

Workers' compensation insurance provider, Texas Mutual Insurance Co., has hired Timothy Osmond as claims manager in Dallas. Osmond will be ...

NTSB: Pilot Caused Houston Ship Channel Collision

Federal investigators have concluded that pilot error caused the collision of a chemical tanker with a containership in the Houston Ship ...
West

Foster Joins Barney & Barney in Northern California

Barney & Barney LLC named Scott Foster to its San Francisco, Calif. office. Foster will work with a team of Barney & Barney professionals ...

New Mexico Plant Shut After Peanut Butter Recall

A peanut processing plant in Portales, N.M. has been shut down since Saturday after an outbreak of salmonella was linked to peanut butter ...

Utah Worker Claims Wrongful Firing After Cat's Survival

A woman who worked at West Valley Animal Shelter in Utah has claimed she was wrongfully fired after news broke about a cat surviving two ...

'Innocence of Muslims' Actress Files Bigger Federal Lawsuit

An actress in the  controversial film "Innocence of Muslims," which touched off riots in the Middle East, has filed a lawsuit in federal ...

Alaska Railroad: Flood Damage, Lost Revenue May Top $1M

Washouts of railroad track after heavy rains and revenue lost because of idled trains are likely to cost the Alaska Railroad more than $1 ...
International

Catalonia Shows Euro's Weak Links: Commentary by James Saft

Just when Spain, and the euro zone, needed it least, along comes the Catalan secession drama to remind us exactly how many parties, peoples ...

Ameriprise in Talks to Buy ING's Asian Asset Management Arm - Report

Ameriprise Financial Inc is in advanced talks to buy most of ING Group's asset management business in Asia, Bloomberg reported, citing two ...
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Sponsored Content

New Empire Group Names Jim O'Neill to Head Newly Formed Wholesale Division

Island Park, NY, 09/27/12 - New Empire Group, Ltd announced the formation the "New Empire Group Wholesale Division" to be headed by James ...

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Insurance Journal TV

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Louisiana's Donelon on Isaac, Citizens, Lawsuits and More

Despite taking a direct hit from Hurricane Isaac in late August, Louisiana probably won't see...
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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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New Discussions in the Forums

How to grow an Insurance Agency one client at a time.
Posted: Wed Sep 26 -- Found a couple of good article that details this topic. I strongly believe that clients need to be educated on insurance rather than just... txinsurance4
Reliable Car Insurance Quotes
Posted: Tue Sep 25 -- A lot of local agents provide free quotes and some have the ability to bind policies online. Usually agents will sell you liability policies... txinsurance4
CA State Fund, wtf!!!
Posted: Tue Sep 25 -- And the fun is just beginning. Starting soon ,many agencies (under 100k in per annum premium I believe) are relegated to submitting all... jackwehoca
My CPCU journey - almost finished.....
Posted: Tue Sep 25 -- Hello. I am currently looking to take the CPCU 530 Business Law Exam and was wondering if anyone knows of an AUDIO book/ study guide which I... armanis500
Swimming Pool Contractor in NY
Posted: Tue Sep 25 -- Does anyone know of a market for a pool contractor(installation and service) in New York? Thanks. genxagent

Reader Comments

Bank Files Foreclosure Suit Against Arkansas Lieutenant Governor
Posted: Mon Sep 24 -- Wait a minute........this guy "didn't know how far behind" he was on his payments and he's the Lt. Governor? Now THAT'S scary...... Scott
3 States Join Lawsuit Challenging Dodd-Frank Law
Posted: Mon Sep 24 -- The GOP plan was to punt until they could win back power and legislatively eliminate the Consumer Financial Protection Bureau. They hate it... ExciteBiker
LAPD Chief Seeks Appeal Of $5.7M Jury Award
Posted: Mon Sep 24 -- Only in California??!! Of course they also said that good old O J was innocent??!! What's wrong with this picture?? What's wrong with... renoscs
Florida's Citizens Defends Proposed 11.2% Rate Increase at Hearing
Posted: Tue Sep 25 -- TO Rep Fasano: Perhaps the customers of Citizens took a rate decrease without asking. The reality is that customers got a mitigation credit... Cheetoh Mulligan

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September 24, 2012
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