Daily Headlines: Thursday, January 17, 2013

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January 17, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Insurance Executives Say Ongoing Budget Battles Will Harm U.S. Economy Leaders of the property/casualty insurance industry believe Washington's ongoing budget fracas will have a negative impact on the U.S. ... Media Firms Join Fight Against Delaware Business Court's 'Secret' Dealings Major U.S. news organizations have urged a federal appeals court to prevent Delaware from allowing sitting judges to arbitrate business ... What Employees Should Know About Healthcare Changes Ahead If you like your 401(k) retirement savings account, you're going to love what healthcare reform does to your employer-provided health care ... Genworth Separates Mortgage Insurance Unit, Reduces Bond Default Risk Genworth Financial Inc. on Wednesday said it was reorganizing itself to separate its mortgage insurance business from the rest of the ... AAIS Names Parkes Vice President of Sales Don Parkes, an insurance executive with 18 years' experience in catastrophe risk management, has been named vice president of sales for the ... All Risks Launches National Program for Ice Rink Industry All Risks, Ltd.'s National Specialty Programs unit has introduced an ice rink insurance program, called RinkPro. This nationwide insurance ... Liberty Mutual to Phase Out 8 Regional Insurance Brands Liberty Mutual Insurance announced it is planning to retire its regional brands in 2013 to focus on the more recognizable Liberty Mutual... More National News East N.J. Lawmaker Aims to Classify Reverse Rate Evasion as Insurance Fraud New Jersey Assembly's financial institutions and insurance committee advanced a bill that would include "reverse rate evasion" as a form of ... After Sandy, N.Y. Assembly Advances 'Homeowners Bill of Rights' Legislation A leading New York lawmaker introduced two pieces of legislation this month to help homeowners better understand their insurance coverages ... N.J. Bill Would Require Homeowners Insurers to Provide Policy Summary New Jersey Assembly's financial institutions and insurance committee gave approval Monday, Jan. 14, to a recently introduced bill that ... Del. Traffic Deaths Up in 2012; Increase Driven by Crashes Involving Pedestrians Delaware's Office of Highway Safety says there were 116 traffic fatalities in the state in 2012, a 12 percent increase over 2011. The ... More East News Midwest Michigan Governor Proposes New Department of Insurance and Finance Michigan Gov. Rick Synder has proposed the creation of a new Department of Insurance and Financial Services. Snyder, who is beginning his ... Chicago Closer to Settling Police Misconduct Suits for $32M A Chicago City Council committee has preliminarily approved settlements in two police misconduct cases that would cost the city nearly $33 ... Indiana House Panel Backs Stage Rigging Rules Extension An Indiana House committee on Jan. 15 backed a two-year extension of temporary outdoor stage rigging regulations developed following the ... More Midwest News Southeast Mississippi AG: State Insurance Chief Has Health Exchange Authority Mississippi Insurance Commissioner Mike Chaney has the authority to establish and manage a health insurance exchange, according to a legal ... Kentucky AG Conway Touts Progress in Curbing Prescription Drug Abuse Kentucky is making progress in curbing an epidemic of prescription drug abuse, Attorney General Jack Conway told political leaders from ... More Southeast News South Central Houston's Chapman Schewe Now a Higginbotham Company Higginbotham and Chapman Schewe Benefits Consulting have merged their operations in Houston. Fort Worth, Texas-based independent insurance ... Auto, Homeowner Complaints Dropping in Texas Texas drivers are filing fewer and fewer complaints against insurance companies these days, an insurance trade group reported. Last year ... $6.4M in Insurance Claims Recovered for Louisiana Consumers in 2012 Insurance Commissioner Jim Donelon announced that insurance policyholders across the state received an additional $6.4 million in payments ... More South Central News West Leavitt and Konecki Combine in Southern California Solana Beach, Calif.-based Konecki Insurance Brokerage has combined operations with the Leavitt Group's San Diego office. In the combined ... Widow Sues Psychiatrist in Colorado Theater Shootings The widow of a man killed in the Colorado movie theater shootings has sued a psychiatrist who once saw suspect James Holmes as a patient, ... California Study: Safer If Illegal Immigrants Get Driver's Licenses A California study shows driver's licenses for illegal immigrants would make streets safer. The Department of Motor Vehicles report says ... New Mexico Governor Proposes Tougher DWI Penalties Gov. Susana Martinez is calling for tougher penalties for repeat drunken driving in New Mexico, including allowing authorities to seize ... Strongwood: Brandeis, Oslie and Dubois to Executive Posts in California David Brandeis has been named chief operating officer for Monterey, Calif.-based Strongwood Insurance Holdings, while Larry Oslie was ... More West News International Huge Sahara Gas Plant Hostage Siege Turns Mali War Global Islamist gunmen holding dozens of Western hostages and scores of Algerians at a gas plant deep in the Sahara desert let some them speak to ... Cooper Gay Swett & Crawford Close Investment by Lightyear Capital Cooper Gay Swett & Crawford Limited (CGSC) has announced the closing of its investment agreement with Lightyear Capital LLC. According to ... Sun Life, Khazanah to buy Aviva's Malaysian insurance JV for C$586 Million Canada's Sun Life Financial and Malaysian state investor Khazanah will buy 98 percent of Aviva Plc's Malaysian insurance joint venture with ... Tower Group Updates Figures on Merger Status with Canopius Tower Group announced that it has received all required insurance regulatory approvals for its merger agreement with Canopius Holdings ... More International News Join the Insurance Journal Network Insurance Journal TV Van Eeten Takes the Reins at Texas Surplus Lines Association Kathy Van Eeten, senior vice president, regional marketing for CRC | Crump, was installed... 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 most fullfilling as an agent? Posted: Thu Jan 17 -- 1) Fulfilling client needs and solving clients problems. Offering "peace of mind". 2) Delivering on promises-ie Claims payments. 3) Getting... jtownagent What is your biggest pain as an agent? Posted: Thu Jan 17 -- Not at all, people expect a good insurance company to have its own customer service and retention continues to be great. We are sales people... rodgwag Credit Card Processing Posted: Wed Jan 16 -- I would second the three quotes and Square. I have some friends that use Reliafund, and they are all wanting to switch, ie they don't like... OldIndyAgent Florida Mobile Home Insurance - Coastal Surplus Lines Posted: Tue Jan 15 -- Are you dealing with wholesale brokers? Neal Ecker The New Small Insurance Agency Posted: Tue Jan 15 -- I thought this article was great for those that have recently decided to open an insurance agency. Let me know what you... DBL Surety Comp in Ca for a Farm code 0171 Posted: Tue Jan 15 -- If PEO is an option let me know & I'll inquire. There is enough payroll but not sure about the code. Chad Filley Agency In NC or SC Posted: Mon Jan 14 -- I operate an agency that acts in NC, SC, VA, GA, and TN. If I had the choice, I would say operate in SC. You have more coverages available... NCPCLHagent Go to Forums Reader Comments Heavy-Duty Restricted Guns Legally Sold in Texas Posted: Wed Jan 16 -- "Any sane person would not try it," he said of potential attackers. Sane people are not the ones I'm concerned about. It's the insane... Captain Planet Utah Man Accused of Killing Officer Sues Insurer Posted: Tue Jan 15 -- "The shootout is considered an intentional act, Farmers spokesman Mark Toohey said, and claims resulting from such acts are not covered by... Always Amazed President Obama Signs Bill Repealing Car Dealer Insurance Requirement Posted: Fri Jan 11 -- but what about the jobs of the govt employees who prepare this booklet; they research 11 months of the year to ensure it is chock full of... Chad Balaamaba Court: Oahu Golf Club To Pay Man $6M For Tee Tumble Posted: Tue Jan 15 -- What was he doing on the golf course at 11 o'clock at night? There are many injuries he could have sustained in the dark. Sounds like his... Baxtor New York Senator Pitches Mold Relief in Sandy Aid Bill Posted: Fri Jan 11 -- why in the hell is this the federal government's ( taxpayer ) responsibility to pay ? Anyone who builds a house by the ocean should ... gregsmith Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue January 14, 2013 Contractors / Subcontractors; Employment Practices Liability Insurance; 2013 Insurance Agents & Brokers Meetings / Conventions Directory 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 Professional Liability Claims Examiner Product Development Specialist Commercial Insurance Specialist Worker Compensation Medical Officer 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. 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