Daily Headlines: Friday, February 1, 2013

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February 1, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Only 11 States Have Moved on Obamacare Health Regulations Only 11 of the 50 U.S. states have moved to implement new consumer safeguards under President Barack Obama's healthcare law, raising ... Coast Guard Battles Oil Spill Cleanup, Traffic Demands on Mississippi River The Coast Guard let vessels pass through a closed section of the Mississippi River at Vicksburg as it evaluates how traffic would affect ... Chubb's 2012 Q4 Profit Drops 77% to $102M; $882M Sandy Loss Reported The Chubb Corp. reported $102 million net profit for its 2012 fourth quarter, down 77.4 percent compared to the fourth quarter of 2011 when ... Coalition Pushing for New National Framework for Disasters A coalition of national interests has introduced a framework intended to shape how the nation responds to natural disasters, or as one ... Insurance Industry Predicts Super Bowl XLVII Insurance experts who make their living predicting and paying losses overwhelmingly believe that the Baltimore Ravens are headed for a ... Insurance Segments to Watch in 2013 - Part Two: Healthcare While many in the insurance industry were focused on the cyber liability, cargo theft, and weather segments in 2012, this year a number of... More National News East N.Y. Attorney General Offers Grants to Legal Groups Helping Sandy Victims New York's attorney general says a growing number of people are seeking legal assistance for battles with insurance companies over damage ... Providence, R.I., City Council Moves to Address Nightclub Safety Members of the Providence City Council have introduced legislation they say is designed to improve safety in and around nightclubs after a ... More East News How did agency salaries actually fare in 2012? Last year's survey revealed that overall salaries for agencies in 2011 rose for the first time since 2008. While 2011 was an improvement, independent agencies predicted even better times in 2012. Agencies predicted higher pay and increased benefits in 2012. Did those predictions come true? How did agency salaries actually fare in 2012? And what other compensation trends evolved in 2012? Participate in our exclusive 2013 Salary Survey and we'll share the results with you. Midwest Plains States Remain in Severe Drought; Spring Crops in Jeopardy The unrelenting drought gripping key farming states in the U.S. Plains shows no signs of abating, and it will take a deluge of snow or rain ... Wisconsin Couple Can't Collect in Birth Control Mix-Up A clinic that mistakenly gave vitamins instead of birth-control pills to a Wisconsin woman doesn't have to pay to raise the child she ... South Dakota House Passes Bill on Arming Teachers A bill that would allow school districts to arm teachers and other personnel with guns was approved by the South Dakota House after ... Great Plains Cities Seize New Wave of Prosperity Take a look around: Life is pretty great in the Great Plains. So good that cities such as Sioux Falls and others in a region that stretches ... More Midwest News Southeast Georgia Assessing Storm Damage Georgia's fire and insurance commissioner planned to fly over tornado-damaged areas in northwest Georgia Thursday, one day after storms ... Kentucky Coal Company Sues Worker Who Filed Safety Complaints The federal agency that oversees mine safety claims a western Kentucky coal company broke the law by filing a lawsuit against a former ... Tennessee Summit Addresses School Safety Gov. Bill Haslam told participants in a school safety summit this week that the state is committed to doing what it can to provide better ... North Carolina Lawmakers Move to Halt State's Health Exchange North Carolina's General Assembly is freezing any state work on a new one-stop shop to help people buy affordable health insurance and ... Florida Senate to Unveil Property Insurance Reforms Florida lawmakers are planning next week to release a draft version of a property insurance reform bill. The Senate Banking and Insurance ... Florida Senate Democrats to Oppose Property Insurance Rate Hikes With Florida lawmakers expected to consider formal changes to the state's property insurance market next week, state Democrats are ... Patriot National Appoints Rearer as President of Patriot Underwriters Patriot National Insurance Group has named John Rearer as the new president of the insurer's subsidiary, Patriot Underwriters Inc. As ... More Southeast News South Central Appraisals, Breach of Contract and Bad Faith: Is There A Connection? One of the axioms of Texas bad faith law has always been that there is no bad faith where a carrier has not breached its duties to the ... Settlement OK'd Over Louisiana Citizens Katrina, Rita Claims Louisiana Citizens Property Insurance Corp. has finalized a $20 million settlement related to claims handled after hurricanes Katrina and ... Murphy, Smith Join Aon Risk Solutions in Little Rock Aon Risk Solutions, the global risk management business of Aon plc, has added Liam Murphy and Adam Smith in its Little Rock, Ark. office. ... More South Central News West Chevron Fined $1 Million for California Refinery Fire California workplace safety officials have fined Chevron Corp. $1 million in connection with a fire last year at the company's San ... Washington Senate Delays Vote On Workers' Compensation Bills The Washington state Senate on Wednesday passed its first bills of the 2013 legislative session, but put off a vote on a set of contentious ... CSE Insurance Names Schulhofer an Executive in California The board of directors of CSE Insurance Group approved the promotion of Kelli Schulhofer to senior vice president of field operations and ... California Department of Insurance: $20M Rate Reduction for Homeowners Insurance Commissioner Dave Jones on Thursday announced today a 35 percent rate reduction for lender-placed homeowner's insurance coverage ... More West News International Mexico Pemex Blast Death Toll Rises to 32; Cause Unclear The death toll from an explosion at the Mexico City headquarters of Mexican state oil company Pemex has risen to 32, but the cause of the ... Aon Posts $11.5 Billion FY Total Revenue; $3.1 Billion in Q4; Income Gains Aon has reported that its total revenue for 2012 increased by 2 percent to $11.5 billion "due to a 4 percent increase in organic revenue, ... Marsh, Maplecroft Analyze Risks of Escalating Violence, Regime Instability According to Marsh's Global Political Risk and Trade Credit Practice and risk analysis and mapping company Maplecroft, "the number of ... Lloyd's Insurer Jubilee Welcomes Rules on PPI to Rebuild Confidence Jubilee, the specialist Lloyd's insurer, has broadly welcomed the joint Financial Services Authority (FSA) and Office of Fair Trading (OFT) ... JLT Malaysia Acquires Insfield Insurance Brokers Sdn Bhd Jardine Lloyd Thompson (JLT) Malaysia announced that it has acquired Insfield Insurance Brokers Sdn Bhd, one of the country's major ... Hiscox Names 3 Execs in Move to Strengthen London Market Casualty Team Hiscox London office announced that it has boosted its London Market casualty offering with the appointment of three senior executives, ... China Approves HSBC Sale of Remaining $7.5 Billion Ping An Stake China has approved the sale of HSBC's remaining $7.5 billion stake in Ping An Insurance to a group controlled by Thailand's richest man, ... Xchanging Launches Fees Direct+ Service London-based business process, procurement and technology services provider and integrator Xchanging announced that it has launched its ... More International News Sponsored Content American Claims Management Rebrands Pacific Claims Services to Marquee Managed Care Solutions San Diego, CA, 02/01/13 - American Claims Management, Inc. (ACM), a national third party administrator, has rebranded one of its subsidiary ... More Sponsored Content Join the Insurance Journal Network Insurance Journal TV North Carolina Home (Insurance) Improvement: Commissioner Goodwin Recently re-elected North Carolina Insurance Commissioner Wayne Goodwin welcomes his expanded... 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 Farmers vs. Independent Posted: Fri Feb 1 -- hmberter, I was a Farmers agent for over 10 years until I left in 2010. Since you asked for only positive comments, I don't have any for... lonestar New independent agency Posted: Thu Jan 31 -- Might be tough to obtain direct appointments without experience. The market is very tight right now. Your best bet would most likely be to... lonestar Can an insured buy Contractual liabiliy as separtate policy Posted: Thu Jan 31 -- Yes they can We have 8 markets. Minimum premium $2,500.00 trotony7 1st Year as a Producer Stories Posted: Thu Jan 31 -- Another thing I would reccomend is to contact your local Insurance Professionals Group. This was formerly known as Insurance Women, but has... BrendaH Could your music influence your insurance score? Posted: Thu Jan 31 -- Actually it is not new. This pot has been boiling for a little while now and companies are hot and heavy into developing their own database... edbowling The New Small Insurance Agency Posted: Tue Jan 29 -- Fortunately, opportunities are everywhere given the wide range of products that can be offered. The major challenge is being able to... DBL Surety Imprezzio Marketing: SEO Firm Posted: Tue Jan 29 -- I agree with much of what d says. Here is a good thread about SEO from a few years back... sankykid State Auto Opinions Posted: Tue Jan 29 -- Thanks Small Town, I have called with billing and EFT issues and the customer service reps were excellent to work with. JohnnyLaw Go to Forums Reader Comments Nebraska Bicyclist Sues Homeowners over Crash on Trail Posted: Wed Jan 30 -- Based on his self-entitlement philosophy and mentality I am pretty sure he voted Obama. MeIsEinstein What Employees Should Know About Healthcare Changes Ahead Posted: Sat Jan 26 -- Slow down folks - let's figure out what is happening to the health care industry. It boils down to this - health care in America will soon... George B Taylor Sr Blogger Defends Against Cincinnati Bengals Cheerleader's Defamation Claim Posted: Fri Jan 25 -- I believe in freedom of speech and having an opinion. I disagree that we need to continually share it with the general public, especially... Huh! Legislation Would Eliminate a Gun-Related Felony in Oklahoma Posted: Thu Jan 31 -- "Gun ownership is a right given to us by the Second Amendment" - State Sen. Kyle Loveless Wrong! Wrong! Wrong! The right to keep and bear... Phoenix In Inaugural Address, Obama Vows to Tackle Climate Change Posted: Fri Jan 25 -- Live Free, The rest of the world has been addressing climate issues. Our politics in America have caused us to put our smarts aside and we... 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