Wednesday, February 20, 2013

Daily Headlines: Wednesday, February 20, 2013

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Insurance Journal Daily Headlines
February 20, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Rain and Snow Help Ease Plains/Midwest Drought

Crop-friendly rain and snow is blanketing much of the drought-stricken U.S. Plains hard red winter wheat region and the dry western ...

Federal Government to Run 26 State Health Exchanges

The Obama administration said on Tuesday that it will operate federal online health insurance marketplaces in 26 of the 50 U.S. states with ...

Report Questions Safety Oversight of Smaller Airlines

Since a deadly airline crash in 2009, the government hasn't kept its promise to ensure that major airlines are holding their smaller ...

Supreme Court Justices Appear to Back Monsanto in Seed Patent Claim

U.S. Supreme Court justices signaled on Tuesday that agribusiness giant Monsanto Co. was in a strong position to claim that an Indiana ...

Carnival Cruise Ship Fire Started by Fuel Leak: Coast Guard

The fire on board the Carnival Corp. cruise ship that drifted for days in the Gulf of Mexico awash in raw sewage started from fuel from a ...

Philadelphia Insurance Names New Chief Marketing, Chief Information Officers

Bala Cynwyd, Penn.-based Philadelphia Insurance Companies announced the promotion of Brian O'Reilly from senior vice president of marketing ...

Lion Insurance Partners With Command Investigations to Offer Anti-Fraud Services

Lion Insurance has formed an exclusive business partnership with Command Investigations, LLC as their national provider for all special ...

From MyNewMarkets.com ISO's Commercial General Liability Filing - Part Two - Revised Endorsements

Insurance Services Office's (ISO's) four major filings in commercial property, business auto, businessowners coverage, and commercial...
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East

Mass. Biz Owner to Pay $42K for Workers' Comp Premium Avoidance Scheme

Authorities announced that a Nantucket, Mass., business owner has pleaded guilty to charges he failed to accurately report his total ...

New Jersey Insurance Fight Won't Affect Schoolyard Case

A lawsuit filed by New Jersey officials against an insurance company will not affect payment of a settlement to the families of three ...

New York Officials: Include Hudson Areas in Flood Study

New York officials are calling on the U.S. Army Corps of Engineers to include Hudson River communities in a $20 million study of ...

Commentary: N.Y. Court's Latest Take on Insured's Duty to Read Policy

The New York Court of Appeals recently found that the insured's failure to read the insurance policy does not bar claims for broker ...
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Midwest

Police Blame Missouri Law for Rise in Vanishing Cars

Why are hefts of older vehicles climbing in Missouri? And why are so many of them never seen again? St. Louis-area police who pondered what ...

South Dakota: Notice of No UM Coverage a Must in Personal Umbrella Policies

It has come to the attention of the South Dakota Division of Insurance that uninsured motorist/underinsured motorist (UM/UIM) coverage is ...

Tomko Joins Amerisure as Director of Compensation, Benefits

Farmington Hills, Mich.-based Amerisure Mutual Insurance Co. has added Jennifer Tomko as director of compensation and benefits. Tomko will ...

Michigan to Issue Driver's Licenses to Illegal Immigrants

Illegal immigrants brought to the country as children can start applying for Michigan driver's licenses and state IDs. Secretary of State ...
Why Should I Hire You as My Insurance Agent? - new class from Academy of Insurance
Southeast

North Carolina Cuts Unemployment Benefits

North Carolina Governor Pat McCrory on Tuesday signed into law a measure that will cut benefits for jobless workers by about one-third and ...

No Damage to Florida Citrus Crop from Cold Snap

Florida came through this week's cold snap with no major damage to the orange blossoms that will produce next year's crop, the state's ...

Digital Insurance Buys North Carolina Benefit Broker BSD

Atlanta-based benefits broker Digital Insurance has acquired Benefit Services & Design (BSD) of Raleigh, North Carolina. The 30-year-old ...
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South Central

Oklahoma Senate Panel Approves Workers' Comp Change

A bill to convert Oklahoma's Workers' Compensation Court into an administrative system cleared its first hurdle and is now headed to the ...

Survey: Most Texas Voters Support Licensing Roofers

A recent survey shows that most registered Texas voters support the licensing of roofers in the state. According to the survey by the ...

Bill Would Stop Oklahoma Insurance Department Use of Police Cars

A Senate panel has passed a bill that would prohibit the Oklahoma Insurance Department's anti-fraud investigators from using police ...
West

Snow Closes California Highways, Yields Tornado

A winter storm brought driving rain to parts of California and even a rare tornado, but the severity of snowfall in much of the state ...

Farmers CEO: Changes Align Leadership Around Core Businesses

Jeff Dailey, chief executive officer of Los Angeles, Calif.-based Farmers Group Inc., on Tuesday announced several executive leadership ...

Su Alleges Workers' Comp Fraud Against California Restaurant

The owners of a restaurant in San Marcos, Calif. have been charged with felony counts of workers' compensation fraud and forgery following ...

Wells Fargo Introduces National Health & Productivity Practice

Wells Fargo Insurance, part of Wells Fargo & Co. is launching a health and productivity national practice, the San Francisco, Calif.-based ...
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International

Fitch Concludes Indonesian Flood Losses Manageable for Non-Life Insurers

Fitch Ratings said it does not expect insured losses from the recent flooding in Jakarta, Indonesia in January to trigger widespread ...

RSA Posts $1.047 Billion 2012 Operating Profit; 5% Premium Growth

The UK's RSA posted a solid operating profit of £684 million [$1.047 billion], compared to £727 million [$1.113 billion in 2011; while ...

Videotel Launches Revised Piracy and Armed Robbery Program

As pirates continue to capture vessels and kidnap crews, most recently off the coast of Nigeria, "ship owners, ship managers and operators ...

Faure Joins Endurance as CEO-Global Reinsurance

Bermuda-based Endurance Specialty Holdings announced that Jerome Faure will be joining the company on March 11, 2013 as CEO, Global ...

Iron-Starr Excess Enters Bermuda Healthcare Market

Ironshore Inc. has entered the Bermuda healthcare market and appointed Susan Pateras as senior vice president, Healthcare Practice Leader ...

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Insurance Journal TV

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Markel Specialist Talks Nonprofits

Nonprofits were hit hard by the economy, and now face ongoing public perception issues thanks...
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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...

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New Discussions in the Forums

Need Comp in Ca
Posted: Tue Feb 19 -- I'd recommend trying Arrowhead General and see which of their markets is best... Shagster1261
Farmers vs. Independent
Posted: Mon Feb 18 -- I was a Farmers Agent (FIG) for 22 years - I was terminated about 4 years ago. I was profitable for all but about 3 years when we had large... William Graham
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
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

Reader Comments

Catholic Bishops Urge Birth Control Reprieve in Fiscal Bills
Posted: Tue Feb 19 -- In order to mitigate risk, the Catholic Church should be more concerned about better risk management of its pedophile priests that have... insurance102
Where States Stand on Obamacare Exchange, Medicaid Expansion
Posted: Tue Feb 19 -- Your comment has some fact-related issues. Round numbers, there are about 50 million uninsured and about (precise numbers can't be found for... Detroiter
No Insurance Implication for Weather Channel's Decision to Name Winter Storms
Posted: Thu Feb 14 -- Maybe they can name the next big storm...Holy Crap! What's in a name?
President Obama Says Patent Reform Needs to Go Farther
Posted: Fri Feb 15 -- Are you kidding? The biggest supporter of the Democratic party is the trial lawyers. You think he would ever take on his own?... Dave
Christians-Only Medi-Share Could Be Back in Business in Kentucky
Posted: Thu Feb 14 -- Good call for Kentucky. Cant see how a "self insured group" funding their own, taking care of their own, sharing in costs of their own... Ghost

Current Issue

February 11, 2013
Current Issue
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)

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