Daily Headlines: Thursday, February 14, 2013

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February 14, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National U.S. Government Adds Climate Change, Weather Data Gaps to 'High Risk' List Climate change and gaps in weather satellite data have been officially added to the list of high risks facing the federal government, a ... SEC Needs Additional Funds to Implement Dodd-Frank: Chairman The top U.S. securities regulator will urge lawmakers on Thursday to boost its funding, saying a failure to increase the budget could ... Saft Commentary: The Fed Discovers Chicanery Acknowledging that sometimes banks chisel clients and bank employees chisel banks may sound obvious to you, but for the Federal Reserve ... Deutsche Bank, Ex-Adviser Ordered to Pay $934K for Insurance Swindle U.S. securities arbitrators ordered Deutsche Bank Securities Inc. to pay a couple and their trusts a total of $934,000 after a onetime ... Ironshore Acquires Specialty Stop Loss Insurance Broker Ironshore Inc. has acquired Excess Risk Reinsurance (ERR) Inc., a managing general underwriter specializing in the Employer Stop Loss ... Everest National Forms MGA Focused on the Sports & Leisure Industry Everest National Insurance Co., the U.S.-based insurance division of Everest Re Group, has formed a new managing general agency, Specialty ... ISO's Commercial General Liability Filing - Get Ready Insurance Services Office's (ISO's) four major filings in commercial property, business auto, businessowners coverage, and commercial... More National News Happy Valentines Day! Roses are red. Violets are blue. Wells Media Group employees from around the world made a video just for you. Click here to watch the video! East National Hurricane Center Report: Sandy Was 2nd-Costliest Hurricane in U.S. Superstorm Sandy was the deadliest hurricane in the northeastern U.S. in 40 years and the second-costliest in the nation's history, ... Insurer Reports Sandy Flood Claims Resolving Quickly A bulletin by the National Flood Insurance Program helped spur quicker processing of Sandy flood-related claims. Prior to the bulletin, ... No Insurance Implication for Weather Channel's Decision to Name Winter Storms The Weather Channel's decision this winter season to start naming severe winter storms in the U.S. -- such as bestowing the name "Nemo" for ... Maine-Based Workers' Comp Insurer MEMIC Group Announces 2 Promotions The MEMIC Group, a workers' compensation insurer headquartered in Portland, Maine, announced the promotions of Matthew Harmon and Daniel ... More East News Midwest Missouri Senate Backs Bill to Replenish Second Injury Fund Missouri senators have endorsed a two-part plan to replenish an insolvent fund for disabled workers and stop people with job-related ... A.M. Best Downgrades McMillan-Warner Mutual Insurance Ratings A.M. Best Co. has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and the issuer credit rating to "bbb+" from ... Kansas Securities Commissioner Resigns; Eyes Insurance Commissioner Post The Kansas securities commissioner has resigned and announced plans to pursue opportunities in the private sector. Aaron Jack's immediate ... More Midwest News Southeast Insurer to Take 31,000 Commercial Wind Policies from Florida's Citizens Florida's state-backed property insurer has approved a plan to shift 31,000 commercial wind-only policies to a new private insurer. The ... Christians-Only Medi-Share Could Be Back in Business in Kentucky A Christians-only health care ministry that was forced out of Kentucky last year could be invited back under legislation that cleared its ... More Southeast News South Central Oklahoma Governor: Audit of Insurance Department not Needed Oklahoma's governor won't request a performance audit of the agency that regulates insurance because the department had one late last year. ... Oklahoma Bill Would Shield Agritourism Businesses from Liability The Oklahoma Senate Judiciary Committee has approved legislation that would provide liability protection for Oklahoma's agritourism ... Align General Adds Stone as Senior Casualty Underwriter in Dallas Align General Insurance Agency Inc. (Align) announced that Bob Stone has joined the company as vice president, specialty commercial ... More South Central News West California Lawmakers Question Regulating Fracking California lawmakers are expressing doubts a Gov. Jerry Brown administration proposal to regulate hydraulic fracturing is tough enough and ... Extensive Corrosion: Report on 2012 Chevron Fire in California The U.S. Chemical Safety and Hazard Investigation Board and the California Division of Occupational Safety and Health released a technical ... Leavitt's Hillman Industry Leader of Year in Idaho Alyce Hillman, co-owner of the Leavitt Group of Boise, was recently awarded "Industry Leader of the Year" by the Boise Insurance ... Cinemark Seeks Dismissal Of Colorado Theater Shooting Suits Cinemark USA is asking a judge to dismiss lawsuits alleging the company failed to protect its customers from the July shootings at a ... California Commissioner Fingers Insurers for Iran Investments California Insurance Commissioner Dave Jones on Wednesday singled out eight insurers licensed to do business in the state that continue to ... More West News International EU Formally Proposes Plans for 11-Nation Financial Trading Tax from 2014 The European Union's executive formally proposed on Thursday a tax on financial trading in 11 countries to raise up to €35 billion [$46.7 ... Zurich Posts $ 3.9 Billion Net Income; Farmers GWP up 24% to $4.4 Billion The Zurich Insurance Group reported a business operating profit (BOP) of $4.1 billion and net income attributable to shareholders (NIAS) of ... U.S. Chamber, Europe Business Group Welcome U.S-EU Free Trade Talks In a joint statement the U.S. Chamber of Commerce President and CEO Thomas J. Donohue and the President of BUSINESSEUROPE Jürgen R. ... ING to sell KB Stake for app. $675 Million; Seeks Buyer for Korea Insurance Unit Dutch financial services group ING plans to sell its remaining stake of around 5 percent in South Korea's KB Financial Group Inc., a deal ... More International News Join the Insurance Journal Network Insurance Journal TV Markel Specialist Talks Nonprofits Nonprofits were hit hard by the economy, and now face ongoing public perception issues thanks... 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 Internet Cafe Posted: Thu Feb 14 -- What state? We are writing a number of these and using Penn-Star Ins Co. and other carriers. ... INTLXS S. California CSR openings Posted: Wed Feb 13 -- There's this site called Monster.com - ya might want to check it out. You also might want to check with the CA DOI on licensing requirements... Big Dog Carrier technology Posted: Tue Feb 12 -- In your opinion, which carriers offer the best POS / web portals for agents? which are the ones that offer the worst tools? daniman Farmers vs. Independent Posted: Tue Feb 12 -- hm, I would second also what sacman says. 100% truth. In addition, the loan which can be forgiven if you meet your quotas, you will still... chromedome Could the insurance industry do more to Century? Posted: Mon Feb 11 -- I find this industry pretty frustrating at times. It's sad if all a player can do to stand out from the rest is use a stuffed animal or... PaulBrindley 1st Year as a Producer Stories Posted: Thu Feb 7 -- Right on Sac thank you. The "Trusted Advisor" is what I am seeking to be. californiadude Credit Card Processing Posted: Wed Feb 6 -- You may want to look at SQUARE ... beyert1 Go to Forums Reader Comments North Carolina Man Jailed After 9th DWI Charge Posted: Thu Feb 7 -- You know what else would work in this guy's favor? JAIL TIME! Keith D How Identity Theft Ruined Alabama Victim's Finances, Career Posted: Tue Feb 12 -- Can one person here even make a rational attempt at explaining why our Social Security numbers-- something which clearly says "NOT FOR... ExciteBiker Court Grants Indiana Employer Relief from Contraceptive Coverage Mandate Posted: Tue Feb 12 -- Good for them! Has anyone heard of what's happeneing to Holly Hobbie? They were under attack as well. Always Amazed Top 10 Alcohol Brands of Underage Drinkers Posted: Tue Feb 12 -- Ahhh...the MD 20-20 and the Boones Farm! I remember those days well. Well...almost! Ghost California Bill Would Force Gun Owners to Buy Insurance Posted: Fri Feb 8 -- Because driving a car isn't a constitutional right, it is a privilege, unlike gun ownership. amir Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue February 11, 2013 Nonprofits, Social Services & Schools; Errors & Omissions; Business Auto & Repair: Commercial Auto, Gas Stations, Service Stations, Garagekeepers Liability, Tire Dealers & New / Used Car Dealers; Bonus: The Florida Issue (Special Supplement) 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 Office Manager Chief Information Officer (executive contract position) New Business Case Manager New Business Underwriter Have a job opening? 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