Daily Headlines: Friday, November 2, 2012

Contact us | Subscribe | Send to a Friend

November 2, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Insurance Agents and the 2012 Election: Interview with Big I CEO Rusbuldt When it comes to the 2012 presidential election, insurance agents have, as industry insiders like to say, "skin in the game." In addition ... Controversy Over Hurricane Deductibles May Just Be Beginning When the National Hurricane Center declared Sandy a "post-tropical storm" just before it made landfall, a lot of homeowners across New ... The Hartford's Q3 Profit Soars; CEO Calls Hurricane Sandy 'Manageable Exposure' The Hartford Financial Services Group reported $401 million profit for its third quarter, up from $60 million profit posted during the same ... Coverage Analysis: Sandy and Contingent Business Income Losses Insureds joined in a mutually beneficial (or even exclusively beneficial) relationship with another business entity rely on the continued ... Liberty Mutual Has $465M Q3 Profit, a Swing From $112M Loss a Year Ago Liberty Mutual Insurance reported this week $465 million profit for its third quarter, a swing from a loss of $112 million a year earlier. ... Lockton Affinity Launches Program for Overseas Government Contractors Lockton Affinity has launched LATITUDE, a new insurance program to help smaller government contractors protect employees working overseas. ... AIG Profit Gains on Investments; P/C Earnings Fall But Pricing Improves American International Group Inc. earned a larger-than-expected profit during the third quarter, due in part to big gains on its investment ... Verisk Insurance Solutions Enhances Foreclosure Alert Product Verisk Insurance Solutions – Underwriting, a unit of Verisk Analytics has added an enhancement to its Foreclosure Alert that identifies if... More National News East Scope of Hurricane Sandy Widens, Death Toll Rises From New York City's Staten Island to the popular beach towns of the Jersey Shore, rescuers and officials on Friday faced growing evidence ... Hurricane Sandy Takes Toll on New York's Small Shops, Restaurants Pumping water out of basements and yanking rotten food out of refrigerators, shop and restaurant owners said on Thursday they wonder when ... Is Global Warming to Blame for Superstorm? Scientists Weigh In Climate scientist Michael Oppenheimer stood along the Hudson River and watched his research come to life as Hurricane Sandy blew through ... Insurers, Brokers Say Some Northeast Offices Still Closed Due to Sandy Superstorm Sandy has affected operations of numerous businesses in the Northeast, including those of insurers and brokers. New Jersey ... Big Business Interruption Losses Looming After Sandy As the insurance industry makes assessments for superstorm Sandy's impact, analysts say there is now the potential for significant business ... More East News Midwest Ohio Agent Tax Lien Program Nets $5.3 Million Since 2011 Ohio Lt. Governor and Dept. of Insurance Director Mary Taylor announced that an agent tax lien program that has collected more than $5.3 ... Court: Illinois Teen Eligible for UIM Coverage Under Dad's Business Auto Policy A teen injured in a car wreck is entitled to underinsured motorist coverage (UIM) under her father's business auto policy even though the ... AAA Minneapolis Names Minnesota DOT's Sorel as CEO AAA Minneapolis has named Tom Sorel, commissioner of the Minnesota Department of Transportation (MnDOT), as its new president and chief ... More Midwest News Southeast Kentucky Judge Grants Christians-Only Medi-Share Reprieve Until January A Christians-only health insurance plan will be allowed to continue coverage for Kentucky members until Jan. 1. Franklin County Circuit ... More Southeast News South Central Former Texas Agent Gets 10 Years, Must Repay $9.3M for Fraud A former North Texas insurance salesman has been sentenced to 10 years in prison and must repay more than $9.3 million in a fraud case. ... Falling Trees: Act of God or Covered Event? Although not nearly on the scale of Hurricanes Katrina and Rita in 2005, Hurricane Isaac caused a surprising amount of damage in Louisiana ... Peters Joins AbleCo Insurance in Dallas Dallas based independent insurance agency, AbleCo Insurance, announced that Dave Peters has joined the agency as senior vice-president of ... AMERISAFE Names Morris Lead Director AMERISAFE Inc., a DeRidder, La.-based specialty writer of high hazard workers' compensation insurance, announced that Jared A. Morris has ... More South Central News West January Trial Set For Former Colorado Insurance Firm Executive The former chief executive of Van Gilder Insurance Corp. in Colorado is set to go to trial Jan. 2 on five counts of insider trading. The ... Utah Man Charged In Alleged Texting Crash Death An eastern Utah man faces charges after allegedly texting and driving when he hit and killed teenager in Vernal. Charges have been filed ... Cell Phone Ban For New Mexico State Vehicles Considered New Mexico officials are considering an outright ban on the use of cell phones in state vehicles. The proposal is among nearly 50 changes ... Insurer Says It Won't Cover Armed Arizona Posse An insurance pool that covers sheriff's volunteers in 11 of Arizona's 15 counties is changing its policies to exclude an armed volunteer ... More West News International Investors Skirt New Shorting Curbs to Bet on European Union Woes New rules to stop speculators making Europe's debt crisis worse by betting on government bond defaults are prompting investors to find ... Ireland Sentences Failed Tycoon Quinn to Jail Ireland sentenced former billionaire Sean Quinn to jail on Friday for failing to disclose assets he was hiding abroad, completing the fall ... More International News Join the Insurance Journal Network Insurance Journal TV Big I's Bob Rusbuldt: Agents, the 2012 Election and the Fiscal Cliff Bob Rusbuldt, president and CEO of the Independent Insurance Agents and Brokers of America,... Watch Now Market Outlook: Stable But Not Robust Calling today's market a "hard market" would be going too far, says Michael Miller, president... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Claims Posted: Fri Nov 2 -- It is all under public liabilities. Well the lessor is responsible for any... shannonwells830 Demand for Medical Payments Posted: Fri Nov 2 -- Any accidents that happen in a bar that resulted an injury should be covered by the owner of the property that is why there is such thing as... shannonwells830 Buying IA - Current Multiplier? Posted: Wed Oct 31 -- There are so many variables! Agency Equity is right... hire a skilled professional that knows how to value the independent agency. Whenever... Swymmer Premium Financing for life and D.I. Posted: Wed Oct 31 -- I am looking for a premium finance company that will finance life and DI premiums. I have designed a niche Surplus Lines DI product that is... Swymmer SEO and buying back links Posted: Wed Oct 31 -- Buying links will not do any good in your site, with the big algo change in the past 6 - 9 months common link building techniques will only... johnywhite brightway insurance brokerage in florida Posted: Tue Oct 30 -- I think 45% is really quite high for Brightway agents to pay for "back office" service and other features of the franchise. Perhaps 25% or... riverman38 Non-profit Posted: Tue Oct 30 -- I'm wondering what other P&C underwriters think of an account I'm familiar with. The risk makes several types of products related to... angleblue63 Go to Forums Reader Comments Penn. Woman Arrested for Allegedly Adding Coverage While in Ambulance Posted: Fri Oct 26 -- Yes Libby, I can tell the difference between cheering and applause and thunder unlike you and Planet. Crowds attending Romney speeches are... Agent New York, New Jersey Want Washington to Pay More Storm Costs Posted: Thu Nov 1 -- "They have greater resources. They can print money; we can't do that here. And given the fact this is not just a New York disaster,... youngin' Wrongful Death Claims Filed In California Deputy Shooting Posted: Thu Nov 1 -- Explain to me why his entire family is filing a "lawsuit" was he the sole provider for his family? How much money was he going to earn his... incognito P/C Insurers Can Handle Sandy Losses; Flood Program to Bear Brunt Posted: Wed Oct 31 -- Well, it's a good thing the NFIP is well funded, self-sustaining, and actuarially sound. youngin' Insurer Drops Nebraska Man's Policy Due to Police Dog, Then Apologizes Posted: Mon Oct 29 -- Can we be a little more creative with the headlines? "American Family takes on a dangdog expression, when officer howls about cancellation."... Original bob Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue October 22, 2012 Top Commercial Lines Agencies; Law Firm Directory; Commercial Property; Insurance Geek Issue - What's New in Technology? 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 Sales Executive Producer Experienced Commercial Auto and GL Sales/Processing Rep Customer Service Representative Have a job opening? List it on our Web site. How to Advertise For information about advertising on this newsletter and Insurance Journal magazines, contact Julie Tinney at (800) 897-9965 x148. View our Media Kit for advertising options in our magazines and online properties. Subscribe | Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2012 by Wells Media Group, Inc.