Tuesday, October 16, 2012

Daily Headlines: Tuesday, October 16, 2012

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Insurance Journal Daily Headlines
October 16, 2012
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Meningitis Outbreak, Already in 15 States, Far From Over: Health Expert

The U.S. meningitis outbreak that has so far killed 15 people and sickened more than 200 others is "nowhere near the end," a top medical ...

Top 25 Workplace Harassment, Bias Settlements

In honor of National Boss Day, eBossWatch, which enables people to anonymously rate their bosses and evaluate potential employers, has ...

Mobile Device Explosion in the Workplace Creates Need for Heightened Security

Mobile devices have taken the workplace by storm, but the proliferation of these devices has created a new set of security challenges. ...

Brown & Brown Boosts Earnings in Q3, Sees Middle Market Improving

Florida-based national insurance broker Brown & Brown Inc. reported that net income for the third quarter of 2012 was up 12.1 percent to ...

Chartis Adds CrisisResponse Coverage to Corporate Aviation Policies

The Chartis insurers have added CrisisResponse coverage to aviation policies for corporate customers, including airports and charter ...

Insurance Industry's Text-to-Give Campaign Supports 4 Charities

A new text-to-give campaign as part of the Insurance Industry Charitable Foundation (IICF) Week of Giving will generate donations for four ...

From MyNewMarkets.com Is Long-Term Care Insurance Dying?

Poor results in the long-term care insurance sector have led many providers to exit the market, leaving its future uncertain, Moody's...
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East

Nearly 600,000 in Virginia Sign Up for Earthquake Drill

Nearly 600,000 Virginia residents are expected to participate in a multistate earthquake drill this week. Gov. Bob McDonnell says many ...

Ex-Postal Worker in Maryland Convicted of False Disability Claims

A former postal worker in Maryland has been convicted on two counts of making false statements in order to obtain federal disability ...

Authorities Shut Down N.Y. Nightclub for Skimping on Workers' Comp

A popular Brooklyn, N.Y., nightclub called "Amnesia" has been shut down because it apparently forgot to provide workers' comp insurance for ...

Markel Announces New Director of Casualty Facultative in Virginia

Richmond, Va.-headquartered Markel Corporation appointed Ann Marie O'Flynn director and underwriter within its casualty facultative product ...
The Future of Insurance Agency Marketing: Wednesday webinar from Academy of Insurance
Midwest

Critics Want Ohio Watchdog's Workers' Comp 'Coingate' Report

Ohio's state watchdog hasn't yet released an investigative report on state's workers' compensation agency investment scandal that engulfed ...

Norman-Spencer Agency Adds Drozda as Director of Sales

Property/casualty insurance provider Norman-Spencer Agency Inc., based in Dayton, Ohio, announced that Joe Drozda has joined the company as ...

Missouri Couple Who Won $20M in Popcorn Suit Going Bankrupt

A southwest Missouri couple who won a $20 million verdict from the makers of a butter flavoring used at a popcorn plant have filed for ...

Fireman's Fund Appoints Haibi to Executive Role in Chicago

Fireman's Fund Insurance Co. has appointed Robert Haibi to the position of personal insurance distribution and agency management executive. ...
What is an owner controlled insurance program? Webinar this Thursday from Academy of Insurance
Southeast

Florida Amendment 5 Would Shift Supreme Court Power

The Florida Legislature would gain greater authority over the state Supreme Court and the rules governing state courts if voters approve ...

West Virginia Supreme Court Candidates Mindful of Critics

The four candidates for two seats on West Virginia's Supreme Court differ on how to respond to criticism of the state's judicial system ...
South Central

Oklahoma Lawmaker Examining Insurance Options for Career Tech Students

Oklahoma State Rep. Joe Dorman wants to find out what insurance options could be made available for career technology students in Oklahoma. ...

Post-Ike Galveston Reports Record $8.4M in Tourism Revenue

Galveston had a record $8.4 million in peak-season tourism revenue this year in a continuing turnaround since Hurricane Ike battered the ...

AAA Wants to Hire Insurance Employees in Oklahoma City

The AAA is to hold a job fair to hire workers for an insurance service center the organization is opening in Oklahoma City. The event is ...
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West

Colorado Parents Say Avalanche Not a Routine Ski Risk

The parents of a 13-year-old Colorado boy killed in an avalanche last winter say it's not a ski risk protected from lawsuits. The parents ...

Corrosion Linked To 2011 Chevron Refinery Fire in California

Corrosion that went unchecked - the  suspected cause of a fire at Chevron Corp.'s Richmond, Calif. refinery in August - has  been linked ...

Energy Fuels Settles With 2 in Colorado Uranium Mill Suit

Energy Fuels has reached a settlement with Telluride and San Miguel County in a Colorado lawsuit aimed at halting construction of the ...

Fireman's Fund Names Bethune VP in Northern California

Novato, Calif.-based Fireman's Fund Insurance Co. named Travis Bethune vice president of distribution management and services leader. ...

Southern California Worker Dies in Tuna Plant Oven

A worker died in an oven on Thursday at a Southern California plant that produces Bumble Bee tuna. Jose Melena, 62, was cooked to death in ...
International

European Insurers Still Facing Economic Uncertainty: A.M. Best

The Eurozone financial crisis continues to be among the most significant challenges facing insurers, although capital is strong for the ...

Chairman Nelson Talks About the Future of Lloyd's

Lloyd's of London Chairman John Nelson knew when he acceded to his post one year ago that his predecessor, Lord Peter Levene, would be a ...

Cruise Ship Crash Captain Hears Evidence in Packed Italian Court

The captain of the cruise ship that crashed into an Italian reef appeared in court this week to hear the evidence against him, while ...

Rising Rates Not Enough to Ease Pressure on UK Insurers

Market conditions for UK non-life insurers remain challenging as the difficult economic environment curbs demand for coverage and insurers ...
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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

Non-profit
Posted: Tue Oct 16 -- I have a small non-profit that I placed with Philadelphia Ins. They provide a opportunity for siblings of children with chronic illness or... CoJones
Workcomp in Ca code 5645
Posted: Tue Oct 16 -- Sorry but good luck with this one. Payroll is too low; no one will want it. I have been having similar problems. It is probably in the... paulbennings
E&O Coverage
Posted: Mon Oct 15 -- Can I ask the need to go direct? Are you looking to get commission on yoru own E&O? Not wise. You are then acting as both the insured and... INTLXS
New Contractor Markets - Midwest
Posted: Fri Oct 12 -- Anyone know of any competitive contractor markets/programs that not every agency has? We are reviewing our companies and I would like to... Halpert
Dave Ramsey
Posted: Thu Oct 11 -- Dave Ramsey is great. I listen to him all the time. Very sound financial advice. The only thing that bugs me about him, and yes I do sell... m2insurance
Primary Flood MO
Posted: Wed Oct 10 -- Hi Bill! We have a market for flood insurnace in non-participating communities, and would be happy to help you get it quoted/issued. We have... bkor3

Reader Comments

'Pawn Stars' Sued By Former Manager In Las Vegas
Posted: Fri Oct 12 -- I can hear the trial now: Plantiff wants 10mil, Rick offers him 10k, Plantiff says he won't take less than 5mil, Rick says his best offer is... JMC
Florida Gov. Becomes Target Even Though He's Not on Ballot
Posted: Wed Oct 10 -- I keep hearing how terrible this guy is and I live in Florida so I hear it all the time from the media heads around here. Yet I have not... LiveFree
U.S. Insurers Say Fraud Costs on the Rise: Survey
Posted: Wed Oct 10 -- Duh! PC insurers reporting increases in personal lines fraud? When they bind policies from call centers located a thousand miles from the... boonedoggle
Southern California Educator Arrested For Workers' Comp Fraud
Posted: Tue Oct 9 -- Prosecute to the fullest extent of the law .. we need to start making examples of these cheaters - show others that they won't be able to... dj
Ohio Women's Home Fighting Insurance Giant to Stay Put
Posted: Fri Oct 12 -- And this is where I scratch my head. I'm no genius, but even I can see this is a PR nightmare. W&S in going under the microscope, not a safe... Ted

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