Daily Headlines: Monday, October 1, 2012

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October 1, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Supreme Court to Hear Employer Liability, Class Certification in New Term The U.S. Supreme Court has agreed to review close to 40 cases in its new term that begins on Monday, roughly half the number the court is ... States Ranked Highest, Lowest for Teen Driver Deaths Wyoming, Montana, Mississippi, West Virginia, Arkansas and Alabama have the highest death rates when teens are driving, while the District ... ISO Enhances Wind Rating Program for Underwriting, Pricing Wind Exposure ISO has launched its Enhanced Wind Rating Program, a commercial property rating program designed specifically to address the wind peril. ... Alteris Acquires Sonoma Risk, Contract Litigation Insurance Program Alteris Inc., a wholly-owned subsidiary of Argo Group International Holdings, Ltd. has acquired Sonoma Risk Insurance Agency, a litigation ... Dodd-Frank Council to Proceed with Picking 'Systemic' Nonbank Firms The Financial Stability Oversight Council voted to move a group of non-banking financial companies forward in a process that will determine ... AAIS Releases New Policy Forms for Insuring Infrastructure The American Association of Insurance Services (AAIS) has released a series of new policy forms, endorsements, and corresponding schedules... More National News East Heavy Rains Trap Connecticut Shoreline Residents in Cars, Homes Quick, heavy rains have led to flash flooding along Connecticut's shoreline, trapping some residents in their cars, homes and businesses. ... Owner of Burned Rhode Island Club Donates Land for Memorial The owner of the site of a 2003 nightclub fire that killed 100 people is donating the land for a permanent memorial, bringing an end to a ... PIA in Glenmont, N.Y., Names Deputy Director Kelly Norris has been named deputy director of the Glenmont, N.Y.-based Professional Insurance Agents associations of New York State, New ... N.Y.-Based Claims Management Company Invision Names Randazzo President Invision, a national claims management company providing third party administration, claims auditing and other services, recently appointed ... More East News Midwest Old Claims Follow Hawker Beechcraft in Bankruptcy A long-running legal fight involving allegations that Wichita, Kan.-based Hawker Beechcraft made false statements and misrepresentations in ... Insurer Must Pay Missouri Firm $11M in Supply Chain Interruption Case A federal jury ordered an insurance company to pay $11 million to a Joplin, Mo., company for damages caused by an oil pipeline leak. A ... Repairs to Indiana Covered Bridge Could Cost $300K A county official says it could cost as much as $300,000 to repair a nearly 140-year-old wooden covered bridge in northeastern Indiana ... More Midwest News Southeast Mississippi Ending 11-Year Old Insurance Fraud Case Involving Frankel Mississippi officials are dropping the remnants of an 11-year-old lawsuit after collecting as much money as they think they can get in ... Florida Insurers' Filings on PIP Rates Due Today Automobile insurers have until today to show Florida regulators how much, if at all, they plan on reducing rates on the personal injury ... More Southeast News South Central Isaac Damaged 59,000 Homes in Louisiana Hurricane Isaac damaged nearly 59,000 homes as the slow-moving storm crawled across southeast Louisiana, according to the latest damage ... Dallas Suburb Rattled by 3.4-Magnitude Quake A small earthquake and a subsequent aftershock lent an element of "surprise" to the overnight hours on Sept. 29 in a suburb west of Dallas. ... Oklahoma Refinery Explosion Leaves 1 Dead, 1 Injured A boiler that was being brought back online after maintenance exploded at an oil refinery in Wynnewood, Okla., killing one worker and ... More South Central News West EPA Pushes Tough Asbestos Standard for Mont. Town A proposed standard for federal cleanup of asbestos contamination in a Montana town concludes that even a tiny amount of the material can ... Wells Fargo Insurance's Aton Named ABIA 2013 President and Chairman Neal Aton, head of centralized insurance business for Wells Fargo Insurance, was named president and chairman of the American Bankers ... Wind Speed Of 114 Mph Recorded In Alaska Storm An amateur weather station recorded a wind speed of 114 miles per hour during last week's storm along the Alaska Range. The gust was ... BART Installs Quake Early-Warning System in Northern California A new earthquake early-warning system installed by Bay Area Rapid Transit will detect earthquakes precious seconds before the ground starts ... Lawsuit Accuses Calif. Company of Sex Harassment Federal officials have filed a lawsuit against a California electric company alleging it allowed discrimination and sexual harassment of ... Calif.'s Brown Record 'Solid' on Insurance Legislation Gov. Jerry Brown saw over a dozen bills related in some way to insurance come across his desk, with a bill to approve driverless cars, a ... More West News International Typhoon Jelawat Hits Okinawa; Moves on Tokyo: AIR Analysis Typhoon Jelawat remains a powerful storm, even if its wind speed has decreased from around from 155 mph, 250km/h, it passed over Okinawa on ... Tornado Hits Fair in Spain; Flood Deaths Reach 10 A tornado swept through a fairground in a Spanish town, knocking down a Ferris wheel and injuring 35 people, while the death toll from ... AIR Worldwide Opens Singapore Office to Expand in Asia-Pacific AIR Worldwide announced the opening of an office in Singapore to meet the expanding needs of clients in the Asian insurance market. "AIR ... Best Affirms QBE Insurance Group 'A' Ratings; Outlook Stable A.M. Best Europe - Rating Services Limited has affirmed the financial strength rating (FSR) of 'A' (Excellent) and the issuer credit ... Best Assigns Saudi United Cooperative 'B++' Ratings A.M. Best Europe - Rating Services Limited has assigned the financial strength rating of 'B++' (Good) and issuer credit rating of "bbb" to ... Allied World Europe Launches Corporate Property Line of Business Allied World Europe has launched its Corporate Property line of business. The unit will target a range of European domiciled companies ... More International News Join the Insurance Journal Network Insurance Journal TV 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... 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 Will old CPCU books work for the new CPCU exams? Posted: Sun Sep 30 -- I took all the CPCU exams (elective ARM 56) with the exception of CPCU 556 last year so my material is all from 2011. I am selling all of my... 2013cpcu Thoughts on some books? Posted: Sun Sep 30 -- Hey guys, I was wondering if anyone can give an opinion on the "insurance essentials" books from the National Alliance. There is one for... NCPCLHagent How to grow an Insurance Agency one client at a time. Posted: Sat Sep 29 -- I agree with all of you. I am new to this business and have seen my share of people that simply chase the commission. Don't get me wrong, I... m2insurance CPCU - Worth it right now? Posted: Fri Sep 28 -- these tests are not difficult if you study, I feel they are 300 level work at best. Take 2 or 3 at time and get it out of the way gregsmith5 National Agents Alliance? Legit or Keep Away? Posted: Fri Sep 28 -- Sounds like a sales pitch from NAA. I've never heard any agent be positive about their experience with them. MarcMeyers 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 Go to Forums 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 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 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 Poll: Majority of N.J. Voters Support Requiring Pet Seat Belt Use Posted: Thu Sep 27 -- You just TRY and get that darned thing 'round me, sucker. Go for it. See how far it gets ya. Al E. Gator Former FDIC Chair Bair Reveals Financial Bailout Details in Book Posted: Wed Sep 26 -- of course, the mainstream media will completely ignore this book because it attacks Obama's darling, Tim Geithner. Insurance Geek 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 Underwriter Trainee (Bilingual)- Instant Quote Private Label Instant Quote Private Label - Underwriter Chief Information Officer (executive contract position) Underwriting Manager - Workers Compensation Have a job opening? 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