Daily Headlines: Monday, January 28, 2013

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January 28, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Demand Surge Not An Issue For Sandy; Property Losses Near $19B Although demand surge was an issue for the property/casualty industry following a trio of hurricanes in 2005, for Superstorm Sandy the ... Antigua May Use Trade Sanctions Against U.S. Copyrights The tiny Caribbean nation of Antigua and Barbuda will tell the World Trade Organization on Monday that it intends to use trade sanctions ... Lawsuits Against Birth Control Benefit Appear Supreme Court Bound The legal challenges over religious freedom and the birth control coverage requirement in President Barack Obama's health care overhaul ... CFA Report: Largest Auto Insurers Often Charge Higher Premiums to Safe Drivers In its latest report on auto insurance premiums charged by the largest auto insurers, the Consumer Federation of America found that these ... Best Affirms AIG, U.S. Property/Casualty Subs Ratings; Outlook Stable A.M. Best Co. has affirmed the issuer credit rating (ICR) of "bbb" of New York-based American International Group, Inc. (AIG), as well as ... The Hanover Enhances Technology Product Suite The Hanover Insurance Group, Inc. is enhancing its technology product suite to build on the company's  suite of specialized products for ... Who's Worth What in the Independent Agency System? Find Out Now Insurance Journal is polling insurance agents and brokers nationwide in its annual search to find out who's worth what in the independent... More National News East PCI Welcomes N.J. Gov.'s Decision to Adopt Tougher Rebuilding Standards A national insurance association is applauding New Jersey Gov. Chris Christie's decision to adopt new advisory flood maps issued last month ... GEICO Plans to Hire 800 in Buffalo, N.Y., Region in 2013 GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, has announced plans to hire 800 people for its ... Sandy Blow to N.J.: Costly Work or Costlier Flood Insurance Premiums Superstorm Sandy landed one final stunning blow to New Jersey on Thursday, Jan. 24, as the state adopted rebuilding guidelines that come ... Mass. Agents Group Says GEICO Failed to Report Some At-Fault Accident Data The Massachusetts Association of Insurance Agents (MAIA) this week has asked the state's Merit Rating Board and the Division of Insurance ... More East News Midwest Drought Seen Worsening in Plains, Midwest States Dry weather continues to plague the drought-stricken U.S. Plains and western Midwest with only light showers and snowfall expected this ... Mistrial Declared in Cincinnatti Bengal Cheerleader Libel Suit Jurors in a courtroom in Covington, Ky., couldn't decide whether two lewd posts about a former Cincinnati Bengals cheerleader were ... Smith Promoted to President, Employee Benefits, at Assurance Liz Smith has been promoted to president, employee benefits, at Assurance headquartered in the northwestern suburbs of Chicago, Ill. Her ... Aon Risk Solution Adds Longo as Sales Director in Minneapolis Aon Risk Solutions, the global risk management business of Aon plc, has added Raymond C. Longo as resident sales director in the ... Liability Law Leaves Wisconsin Man with Little Recourse after Highway Mishap A Wisconsin man who was blinded in one eye after a chunk of concrete flew through his windshield last spring isn't finding many avenues for ... Missouri Judge Says Hospital Corp. Owes Foundation $162M Hospital Corp. of America, the largest for-profit hospital chain in the United States, has been ordered to pay a charitable foundation $162 ... More Midwest News Southeast Florida Too Slow with Obamacare Regulations, Say Democrats Florida Democrats expressed frustration with state insurance regulators Friday, accusing them of dragging their feet on drafting policies ... Mistrial Declared in Cincinnatti Bengal Cheerleader Libel Suit Jurors in a courtroom in Covington, Ky., couldn't decide whether two lewd posts about a former Cincinnati Bengals cheerleader were ... Answer Financial Builds Sales Center in Knoxville Home and auto insurance seller Answer Financial Inc. has broken ground on a 32,775 square foot facility in Knoxville, Tenn. that will serve ... W. R. Berkley Corp. Forms Berkley Southeast Insurance Group W. R. Berkley Corp. has formed Berkley Southeast Insurance Group. Berkley Southeast will be based in Atlanta, Ga. and will provide standard ... IronHealth, Medical Mutual Launch Hybrid Medical PL Policy for Hospitals in N.C. IronHealth, the specialty healthcare unit of Ironshore Inc., has introduced IronMed NC, a hybrid medical professional liability product ... More Southeast News South Central Drought Seen Worsening in Plains, Midwest States Dry weather continues to plague the drought-stricken U.S. Plains and western Midwest with only light showers and snowfall expected this ... Gun Sales Surge Leaves Texas Law Agencies Short Police chiefs in Central Texas say they're having trouble arming their officers due to shortages of assault rifles and ammunition. One ... New Anti-Flooding Ideas Urged for South Louisiana It's not possible for every south Louisiana community to be surrounded by a levee, but one state group says there are options available to ... Oklahoma AG Challenges Federal Health Care IRS Claims The nation's health care law does not authorize the Internal Revenue Service to adopt a rule that the federal government claims is needed ... More South Central News West Swett Gala: Sinise, Ratzenberger, Medal of Honor Winners "Freedom is a precious, precious thing." Those words were spoken by actor Gary Sinise to a group of insurance professionals on Sunday ... Pinnacle Merges with Schumann in Northern California Walnut Creek, Calif.-based Pinnacle Brokers Insurance Solutions Inc. is merging with E M Schumann Risk. The change is effective Feb. 1. Ed ... Utah Driver Accused Of Texting, Driving In Fatal A 28-year-old Utah man has been ordered to stand trial for automobile homicide after police say he was texting while driving when he struck ... Former Utah High School Student Gets $100K Settlement A former Utah high school student has received $100,000 in a settlement related to his claims that he was racially abused by fellow ... More West News International 245 Die in Panicky Stampede in Brazil Nightclub Fire A deadly fire swept through a crowded nightclub in southern Brazil early Sunday, killing at least 245 people attending a university party ... Russia Arctic Natural Gas Shipping Route to Asia 10 Years Away Tanker transport of Russian Arctic gas through the Bering Strait to Asian buyers is at least 10 years away because of ageing ... AXA Assistance Extends Classic Car Service Deal with Broker Footman James AXA Assistance UK, a leading motor and property assistance provider (part of the global AXA Group) announced that it has extended its ... Best Affirms AIG Europe Limited Ratings; Outlook Stable A.M. Best Europe - Rating Services Limited has affirmed the financial strength rating of 'A' (Excellent) and issuer credit ratings of "a" ... More International News Join the Insurance Journal Network Insurance Journal TV Government, Insurers Should to Join for Nat Cat Costs: Oliver Wyman Nothing occupies everybody's thoughts as much as a severe crisis. Now we've got two of them -... 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 What is your biggest pain as an agent? Posted: Sun Jan 27 -- No problem Lone, I don't have any hard feelings. Just know that sales are all that counts in our business. Also, again (in case you missed... rodgwag Imprezzio Marketing: SEO Firm Posted: Sat Jan 26 -- Anyone have experience with an SEO firm called Imprezzio? Are they good at what they do for SEO? Are their prices reasonable compared with... lonestar Farmers Changes Hiring Policies Re: Bankrupcy Posted: Sat Jan 26 -- by Farmers loosening their agent hiring practices, this can only be indicative that they are having trouble filling their recruiting goals.... lonestar State Auto Opinions Posted: Sat Jan 26 -- Lonestar and Small town agent, I am also in Texas. Recently placed some commercial business with SA, thank you for the heads up. Have not... JohnnyLaw Moving and Storage Company (Business Auto) Posted: Sat Jan 26 -- Nice program......... but not available in CA. There is an exclusive agent but will not wholesale. Miguelito Do Real E&S Markets or E&S Underwriters Exist Any More? Posted: Fri Jan 25 -- I've been in the P&C business for over 30 years and observed what I consider to be a very clear and disappointing shift in the underwriting... rskmgtpro Insurance Noodle vs. Superior Access vs. Agent Secure Posted: Fri Jan 25 -- I've used several aggregators in the past, including Agent Secure and Insurance Noodle, and one of the most frustrating things I have found... rskmgtpro Go to Forums Reader Comments In Inaugural Address, Obama Vows to Tackle Climate Change Posted: Tue Jan 22 -- Let me guess---this war will be waged via higher taxes as the cure. Can't wait until we are rid of this guy. Climate change is a scam. wayne Should Worst-Flooded Areas Be Left After Superstorm Sandy? Posted: Wed Jan 23 -- If these folks want to rebuild, fine, but isn't it reasonable to mandate that taxpayers shouldn't have to bear the cost of repeated rebuilds... wvagt Match.Com Calls Vegas Woman's Lawsuit 'Absurd' Posted: Wed Jan 23 -- If she wins this, I know a friend of my parents who set me up with their daughter for a horrible prom date that'll be hearing from my... Cheetoh Mulligan Superstorm Sandy Challenges Definition of Basement in New Jersey Posted: Tue Jan 22 -- Why didn't they challenge the definition BEFORE they had a loss? These people read their policies, right???? Let's see, it's flood... Don Quixote Massachusetts Bill Would Require Gun Liability Insurance Posted: Mon Jan 21 -- So when an innocenrt person is shot, their rights are not infringed upon? Please cite your source indicating that "The penanties for not... 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