Daily Headlines: Tuesday, December 4, 2012

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December 4, 2012 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Court Finds Rating Agencies Not Liable on Toxic Mortgages Major credit rating agencies won a fresh legal victory on Monday when a federal appeals court rejected a lawsuit by Ohio pension funds that ... More Workers Claiming Job Discrimination Over Language, Accents More people in the workforce are claiming discrimination over their English-speaking ability or foreign accents, according to federal ... States With 'No Pay, No Play' Laws Lower Uninsured Motorists Rate A state's percentage of uninsured motorists is affected by a no pay, no play law, albeit modestly. A new study from the Insurance Research ... Resolve Fiscal Cliff Now, Deal with Deficit Later: Financial Services CEOs The nation's financial services executives are urging President Obama and Congress to resolve the "fiscal cliff" challenge of automatic tax ... Supreme Court Allows GM Workers' Pension Claim Against State Street Bank The U.S. Supreme Court is allowing General Motors Co. employees whose pension plans lost money to pursue their case against a State Street ... RLI Partners with Recreation Insurance Specialists to Provide RV Insurance RLI Corp. has formed a new partnership with Recreation Insurance Specialists (RIS), a specialty recreation vehicle (RV) insurance agency ... Torus Survey: Top Issues in Management Liability & Professional Lines Market A recent survey* undertaken by global specialty insurer Torus has highlighted a myriad of current issues facing the management liability and... More National News East What We Know About Superstorm Sandy a Month Later Superstorm Sandy wreaked havoc on parts of the U.S. East Coast in late October after tearing through the Caribbean. In the weeks since, the ... New Jersey Governor Christie Seeks 100% FEMA Reimbursement for Sandy New Jersey Governor Chris Christie is asking the federal government to reimburse the state for 100 percent of emergency costs for at least ... Mass. Motorcyclists to Get $2.8M Refunds From Encompass, Amica Mutual Massachusetts motorcycle owners will receive more than $2.8 million in insurance refunds as a result of settlements with two insurance ... From Ashes of Penn. Estate Rises a Lawsuit for $20M Insurance Proceeds The 53-page document reads more like a screenplay than a lawsuit. If Jerald Batoff's claim is true, that's how it may end up. More than ... W.R. Berkley Names President of FinSecure Unit in Baltimore Greenwich, Conn.-headquartered W.R. Berkley Corp. announced Michael P. Dandini has been named president of the company's FinSecure LLC ... More East News Midwest Wise Named President at Vanliner Insurance Co. Fenton, Mo.-based Vanliner Insurance Co. has appointed Ray Wise as the company's new president. Wise has more than 25 years' of experience ... Midwest Economic Index Rises Slightly A monthly economic index report suggests an economic slump will continue over the next three to six months for nine Midwest and Plains ... NW Ohio Officials Lobby for Flood Control Study Five years after a major flood swamped northwest Ohio, officials again are pushing for the completion of a flood control study of the ... More Midwest News Southeast Supreme Court Denies Appeal of Kentucky Fen-Phen Lawyer The U.S. Supreme Court refused on Monday to hear an appeal by a Kentucky lawyer accused of cheating clients out of millions of dollars paid ... Florida Extends 'Fast Track' Policy Form Approval Florida insurance regulators are extending a process that fast tracks approval of insurance company forms. The Office of Insurance ... Neace Lukens Acquires South Carolina's Gosnell Agency Neace Lukens, an AssuredPartners Inc. company, said it has completed the acquisition of Gosnell Insurance in Charleston, South Carolina. ... More Southeast News South Central Oklahoma Commissioner: Weapons Necessary for Safety of Anti-Fraud Unit Defending his agency's expenditures on weapons and police vehicles for use by its anti-fraud unit, Oklahoma's top insurance regulator said ... Mullis Newby Hurst Adds Salmon as Director, Business Development Mullis Newby Hurst LP (MNH), based in Addison, Texas, has hired Tom Salmon as director, business development for an expansion into new ... 22 Students Receive Scholarships from Insurance Council of Texas Twenty-two insurance and risk management students at four Texas universities were recently awarded a total of $40,000 in academic ... More South Central News West EPIC Adds Nielson As Senior Vice President In Southern California Edgewood Partners Insurance Center named Hali Nielson senior vice president of private client services in its Irvine, Calif. office. ... California Hospital Fined $27K For Worker Safety Lapses A California mental hospital has been fined more than $27,000 for failing to implement worker safety measures. The Los Angeles Times ... Employers Hopeful for California Workers' Comp Reform Editor's Note: This is the third in a series of articles to look at California's workers' compensation reform law in detail and what must ... More West News International Thousands Flee as Typhoon Bopha Blows into Philippines Thousands of villagers fled from their homes Monday as a strong typhoon roared closer to the southern Philippines, prompting authorities to ... Highway Ceiling Collapse in Japan Kills 9 Concrete ceiling slabs fell onto moving vehicles deep inside a long Japanese highway tunnel, and authorities confirmed nine deaths before ... Munich Re First to Offer Offshore Wind Energy Serial Loss Coverage Munich Re announced that it has "become the first insurance group to offer serial loss cover for offshore wind energy units. Corresponding ... Best's Report on Bermuda Re/Insurers Sees over 10% ROE for 2012 There are still several weeks until the end of the year, but forecasts are unlikely to change very much as far as Bermuda's re/insurers are ... Willis International Announces European Leadership Appointments Willis Group Holdings has announced a series of senior leadership appointments in its Willis International business unit, "focusing on its ... More International News Insurance Journal Blogs Mobile Phone Habits Are Changing. Is Your Company Ready? This past Cyber Monday was the biggest one-day online sales day in history according to a study by IBM. Sales were up 30% over last year ... More Blogs Join the Insurance Journal Network Insurance Journal TV Rate Changes Coming to Healthy Railroad Industry At one time it seemed that the railroad industry was doomed, but thanks in part to the... Watch Now 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... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums My CPCU journey - almost finished..... Posted: Tue Dec 4 -- I am in the process of reentering the Commercial Insurance world being away for about 15 years. I was thinking of working toward my CPCU. I... margo Dental Plan or Dental Insurance Posted: Tue Dec 4 -- Dental plan is actually an alternative to dental insurance because it's more cost-effective. With the former you can visit the dentist at a... BeatrixLewis Designation Suggestions Posted: Tue Dec 4 -- How does the AAI compare to the CIC? Are they equivalent or is one more advanced than the other? I have the CIC and was looking at the AAI... NCPCLHagent Signing up for an insurance directory Posted: Tue Dec 4 -- Thanks for your input, Beatrix. I've decided against the directory, but I appreciate your interest. Robert742 Small agency looking for personal lines carrier Posted: Mon Dec 3 -- You don't say where you are located, but some good national carriers are Safeco, Travelers, Hartford, and Chubb. Insurance Gal Waiver of Subrogation endorsment - not needed Posted: Mon Dec 3 -- Implied waiver upheld by the Pennsylvania courts... etimer Unfair Competition amongst brokers Posted: Mon Dec 3 -- Wow! This is definitely unfair competition and what they're doing is clearly wrong. You should teach them a lesson and report this at once... BeatrixLewis Getting Appointed Posted: Mon Dec 3 -- I wouldn't fill out any sort of online request. Think of it like needing an answer from an underwriter for something you know might be... Iowa Guy Go to Forums Reader Comments Pregnant Waitress Wins Settlement From Arizona Bar Posted: Fri Nov 30 -- I don't think most men would want to look at a half naked pregnant women while watching football on Sundays. It was a business decision.... Burnie Madeoff Indiana Truck Driver Logs 3 Million Miles of Safety Posted: Thu Nov 29 -- Congratulations and thanks to Mr. Batt. It is a wonderful milestone. So many drivers think only of themselves and where they want to go or... v Homeowners in Mississippi's Moss Point Fight Flood Insurance Rules Posted: Thu Nov 29 -- It is about time that folks were forced to improve their own situation. Not living in a flood prone area I am sick to death of having tax... Tired of it all Lawsuit: Fedex Fires Utah Driver Over Russian Accent Posted: Fri Nov 30 -- Did he not have the accent when they hired him? Or did it just come on all of a sudden one day? Libby Monsters Under the Bed: Insurance Coverage Gaps and Other Invisible Exclusions Posted: Wed Nov 28 -- this should have been labled as "very slanted opinion piece" instead of letting us assume it might be a "news article". sos, IJ must have... bob Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue December 3, 2012 Program Directory Vol. II 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 Commercial Lines Customer Service Representative Claims Analyst Underwriter Commercial Lines Customer Service Representative Have a job opening? List it on our Web site. 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