Tuesday, November 27, 2012

Daily Headlines: Tuesday, November 27, 2012

Sponsored by: Zurich Programs. ZProgramsMatch.com. Free access to 50 Zurich Programs. Click To Learn More..
Insurance Journal Daily Headlines
November 27, 2012
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

High-Security Driver's License Runs Into Opposition in States

It was a popular idea five years ago: make sure every state had high-security driver's licenses to thwart terrorism at airports. But the ...

Agency E&O Outlook: Competition, Hard Market, Healthcare Effects and More

Firmer insurance prices and an upward trend in agency revenues are signs of good times for most independent agencies. These same trends, ...

Sandy-Damaged Vehicle Count at 230,000

The current estimate of vehicles damaged as a result of Sandy hit the 230,000 mark as claims processed by insurance companies have been ...

Allianz Global, ACTIVE Network Launch Race Registration Insurance

Roughly 15% of race registrants never even make it to the starting line1. ACTIVE Network, a cloud-based Activity and Participant Management ...

From MyNewMarkets.com Rate Changes Coming to Healthy Railroad Industry

At one time it seemed that the railroad industry was doomed, but thanks in part to the economic stimulus plan, technology improving their...
New class from Academy of Insurance: Proper use of Premium Financing
East

New York, New Jersey Put $71 Billion Price Tag on Sandy

New York state and New Jersey need at least $71.3 billion to recover from the devastation wrought by Superstorm Sandy and prevent similar ...

Attorneys Discuss Importance of Event Cancellation Insurance

The cancellation of the 2012 New York City Marathon was disappointing to the approximately 47,000 runners who dedicated months to training ...

Penn.-Based First National Insurance Taps Marsh USA Executive as COO

First National Insurance Agency, a unit of First National Bank of Pennsylvania, recently hired Michael Barbarita as managing director and ...
Sponsored by: MyNewMarkets.com. Need a Market? Find It. Fast! Click here for more information.
Midwest

Ohio Work Comp Bureau Launches Online Tool to Assist Employers

The Ohio Bureau of Workers' Compensation (BWC) announced a new online tool that makes it easier for employers to navigate and manage the ...

KC Art Institute Sues Couple over Unfulfilled $5M pledge

The Kansas City Art Institute is suing a Southern California couple over an unfulfilled $5 million pledge. Larry and Kristina Dodge, once ...

Missouri AG Reports $399K Settlement with Auto Warranty Firm

Missouri Attorney General Chris Koster announced a $399,400 settlement with NRRM LLC, a St. Peters-based seller of vehicle breakdown ...
New class from Academy of Insurance: What every agent needs to know about D&O
Southeast

North Carolina Approves 13.2% Dweling Fire, Extended Coverge Rate Hike

North Carolina Insurance Commissioner Wayne Goodwin and insurance companies have come to an agreement that allows for a statewide average ...

Residents Near Kentucky Train Derailment Sue

Residents affected by a train derailment and fire that evacuated a small town near Louisville, Kentucky have filed a lawsuit against the ...

2012 Below Average Year for Tornadoes in Alabama Thus Far

Forecasters say 2012 has been a below-average year for tornadoes in Alabama, at least so far. While Alabama has 40 tornadoes in an average ...

GEICO to Offer Commercial Auto Coverage Direct to Customers in Georgia

Business owners in Georgia can now purchase commercial auto insurance directly from GEICO. By purchasing commercial coverage directly ...
South Central

Beebe, Arkansas Files Suit over Fire Insurance Tax Money

The city of Beebe, Ark., has filed suit against White County over how the county distributes some funding to area fire departments. The ...

Louisiana's October Jobless Rate Lowest in More Than 3 Years

Louisiana's seasonally adjusted unemployment rate fell to 6.6 percent in October, the lowest it has been since April 2009, the federal ...

Hobby Lobby Appeals Morning-After Pill Decision

Hobby Lobby Stores Inc. is asking a federal appeals court to block part of the federal health care law that requires the Christian ...
West

Wildfires, Hail Take Toll On Colorado Home Insurance

Colorado now ranks among the top 10 for the highest share of homeowners insurance claims paid out due to catastrophes. The Insurance ...

Montana Woman Fights DUI With Date-Rape Drug Defense

The Montana Supreme Court has ruled that a Missoula woman charged with drunken driving should have the opportunity to present evidence she ...

Survey Finds Safety Concerns Among Southern California's MTA Employees

In a survey of Metro transit workers, most gave the agency in Southern California high marks for safety overall, but nearly half said they ...

Man Sues California City After Palm Tree Crushes Legs

A San Diego, Calif. man is suing the city after a palm tree fell on him and crushed his legs. Michael Burke blames city budget cuts for ...

Lawsuit: New Mexico Bar Bouncers Target American Indians

A man who was beaten allegedly by several bouncers at a violent Farmington nightclub is suing the bar over claims that its bouncers have a ...

Leavitt Group Names Shaw in Northern California

The Leavitt Group named Eric Shaw to its Sacramento, Calif. office. Shaw will focus on risk management for health care clients and workers ...
Sponsored by: CIWA. Wholesale brokers, E and S carriers and vendors: You have to watch this video! Click here for more information.
International

Euro Zone, IMF Secure Deal on Cutting Greek Debt

Euro zone finance ministers and the International Monetary Fund clinched agreement on reducing Greece's debt on Monday in a breakthrough to ...

New Land, but also Costs, as Nordic Nations Rise from the Sea

A Stone Age camp that used to be by the shore is now 200 km (125 miles) from the Baltic Sea. Sheep graze on what was the seabed in the 15th ...

GAC Maritime Security to Provide PirateFence™ Vessel Protection

GAC Maritime Security announced that it has entered into a strategic partnership with Mobile Defense Systems LLC "to provide PirateFence™ ...

Best Assigns 'A' Ratings to Qatar Insurance SAQ and Main Subs

A.M. Best Europe - Rating Services Limited has assigned a financial strength rating of 'A' (Excellent) and issuer credit ratings of "a" to ...

Join the Insurance Journal Network

Twitter Facebook LinkedIn


Insurance Journal TV

Video thumbnail

Rate Changes Coming to Healthy Railroad Industry

At one time it seemed that the railroad industry was doomed, but thanks in part to the...
Video thumbnail

Effects of Worldwide Economic Instability on American Companies

Despite a slightly improved economy here in the U.S., the global economy is not out of the...

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

Freight Forwarding in Ca
Posted: Mon Nov 26 -- Please define your applicant's operation: Freight forwarders take possession of the freight. Freight Brokers do not. Perhaps the "package"... Miguelito
Amerisure Mutual
Posted: Mon Nov 26 -- We don't know of any MGA's with Amerisure. But we and other retail agents have access. Perhaps you can broker a deal with a retail agent.... bkrigsman
Tower Erection Contractor
Posted: Mon Nov 26 -- I have such a customer. GL & Umb will be hard to place in admitted market. Most carriers have declined. WC, Auto, Prop, IM... bkrigsman
Attorney considering CPCU- thoughts?
Posted: Wed Nov 21 -- I think it's always wise to think ahead and be prepared for multiple opportunities and interests which may come along. I have several... InsuranceVet
Benelect wrap around plans
Posted: Tue Nov 20 -- We are looking to place one of our group health accounts with Benelect which is a wrap around plan. I wanted to see if anyone else has used... JAM
Automotice Diagnostic Equipment-Portable
Posted: Tue Nov 20 -- [b]Any markets available to insure on an inland marine policy, an expensive PORTABLE piece of Diagnostic Equipment worth about $20,000 (with... FARRELLS

Reader Comments

Obamacare Rules on Pre-Existing Conditions, Benefits, Wellness Released
Posted: Wed Nov 21 -- "Meanwhile, the administration is moving ahead to complete rule making to ensure timely implementation." I thought that the rules were in... WyomingAgent
Investigation Ongoing in Huge Texas Highway Wreck
Posted: Mon Nov 26 -- What's amazing is that pileups like this don't happen every 10 minutes, since nowadays the typical interstate highway is a never-ending... Roland
Alcohol Raises Injury Risk, But Also Survival Rate
Posted: Wed Nov 21 -- There was something we could have learned from watching all those John Wayne westerns "Better take a swig of this here whiskey before I take... Original bob
Oklahoma Judge: Hobby Lobby Must Offer Morning-After Pill
Posted: Wed Nov 21 -- Well most employers consider benefits part of your salary, so what you are saying is that Hobby Lobby should be able to say how you spend... Rob
Insurers Go Beyond Paying Claims for Sandy Victims
Posted: Wed Nov 21 -- Freddie Mac, McLean, Va., has provided $1 million in aid, with $250,000 going to the American Red Cross and another $750,000 in aid to local... Anthony Higgins

Current Issue

November 19, 2012
Current Issue
Top Personal Lines Retail Agencies; Assisted Living / Long Term Care; Contractors & Builders

More Newsletters

Choose Newsletters
Enter Your E-mail

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.
Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2012 by Wells Media Group, Inc.

No comments:

Post a Comment