Daily Headlines: Monday, April 1, 2013

Contact us | Subscribe | Send to a Friend

April 1, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Home Insurance Claimants Who Use Agents Happier Than Those Who Don't Satisfaction among home insurance claimants who file through agents is 50 points higher than it is for those who file claims directly. ... Southern States Still Opposed to Obamacare As more Republicans give in to President Barack Obama's health-care overhaul, an opposition bloc remains across the South, including from ... Project CAP CEO Bacciocco Shares Views on Consumer Agent Portal and 2013 Independent agents should soon be getting some help with their personal lines sales-- better late than never. The delayed Consumer Agent ... Everest Re, Arrowhead Form Agreement to offer Non-Standard Auto Coverage Everest Re Group, Ltd. wholly-owned primary insurance subsidiary, Everest Security Insurance Company, (ESIC) has entered into a definitive ... Post Office to Run Flood Insurance Program Congress has authorized the National Flood Insurance Program (NFIP) for an extended period of six months, or until the next unscheduled ... Big Banks Win Dismissal of Most LIBOR Rate Rigging Claims The world's biggest banks won a major victory on Friday when a U.S. judge dismissed a "substantial portion" of the claims in private ... ISO Commercial Property Changes - Part 4 - New Endorsements The commercial property changes presented in ISO's filing begin taking effect on April 1, 2013 (effective dates differ by state). This... Lots Of Room For Improvement In U.S. P/C Industry ERM Capabilities: PwC PwC's recent survey into enterprise risk management practices in the U.S. insurance industry showed that many companies... More National News East U.S. Announces $1.4B in Sandy Transit Aid to New York, New Jersey The federal government announced $1.4 billion in aid last Friday, March 29, to transit agencies affected by Superstorm Sandy. Most of the ... New Jersey Selects Administrator for Sandy Claims Mediation Program Kenneth Kobylowski, commissioner for New Jersey's Department of Banking and Insurance, announced on March 28 that his department has ... 5 Months After Sandy, More Than 2,000 Storm Victims Still Living in N.Y. Hotels More than 2,000 people displaced by Superstorm Sandy are still living in New York City hotels five months after the storm. The New York ... Hanover Insurance to Sponsor Basketball Hall of Fame's Annual Event The Hanover Insurance Group said it will be the main sponsor for the Naismith Memorial Basketball Hall of Fame's 2013 class ... More East News Midwest FEMA Frustrated by Drop in North Dakota Flood Policies North Dakota faces another possible major flood this spring, federal officials are frustrated by the number of people in the state who lack ... Federated Rural Electric Insurance Exchange Rating Upgraded A.M. Best Co. has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and issuer credit rating to "a" from "a-" of ... Missouri House Passes Medical Provider Liability Limit The Missouri House has approved legislation seeking to reinstate a cap on some damages in medical malpractice lawsuits that the state ... Missouri AG Files Suit over Lingering Fire at Landfill Missouri Attorney General Chris Koster filed a lawsuit against the operators of a St. Louis County landfill where two years of underground ... More Midwest News Southeast Florida May End Insurers' Tax Credit Florida lawmakers are moving forward with a proposal to eliminate a 15 percent premium tax credit for insurance companies in order to ... BrickStreet Auditor, 4 Coal Contractors Plead Guilty to Workers' Comp Fraud A workers' compensation auditor and four coal company contractors in West Virginia have pleaded guilty to federal charges in a ... Relatives Sue Over University of Alabama Cheerleader Bus Crash A family is suing over a fatal crash involving a bus that was carrying University of Alabama cheerleaders back to campus after the national ... More Southeast News South Central Bars Often Roll Dice on Liquor Liability Coverage Louisiana beer tavern owners Chuck Brechtel and Eddie Dyer are the first to admit that plenty can go wrong when your main line of work is ... Arkansas Chamber of Commerce Backs Insurance Expansion Arkansas' largest business lobbying organization backed a proposal to provide subsidized health insurance to thousands of low-income ... Louisiana-Based AMERISAFE Announces Management Changes DeRidder, La.-based AMERISAFE Inc., a specialty provider of hazardous workers' compensation insurance, has promoted G. Janelle Frost, ... U.S. Appeals Court Grants Hobby Lobby Full Hearing A federal appeals court has granted Oklahoma-based Hobby Lobby's request for the entire court to hear its challenge of a federal ... More South Central News West Washington Island Slide Victims Still Cut Off Crews on Monday expect to finish cutting an emergency access road down to homes cut off by a massive mudslide last week on Whidbey Island ... Colorado Bill Would Grant Immigrants Licenses Illegal immigrants would be eligible to get Colorado driver's licenses under a bill Democrats plan to introduce today, the third ... Laws Revamp New Mexico Regulatory Agency, Insurance Office Gov. Susana Martinez has approved measures revamping the Public Regulation Commission, including increasing qualifications for future ... Washington Woman Awarded $813,000 in Medical Suit A Spokane jury awarded $813,000 this week to a woman whose foot was amputated following the wrong diagnosis by her physician. It was the ... More West News International UK's New Regulators Take Over; FCA Now Responsible for Insurance Sector In a move that is certainly not an April Fool's Day joke, the Financial Services Authority (FSA), which has been responsible for regulating ... Investors Wary of 'Slow Panic' on Growth after Cyprus Rescue World markets have reacted calmly to the twists and turns of Cyprus's financial rescue in the last fortnight but many investors fear the ... Allianz Teams with Borealis Infrastructure to Buy Czech Gas Pipeline Operator Germany's Allianz SE has partnered with Borealis Infrastructure, the infrastructure investment arm of the Ontario Municipal Employees ... More International News Sponsored Content Astonish's One-Day Modern Consumer Training Hosted by QQ Solutions on Thursday, April 11 Warwick, RI, 04/01/13 - Astonish, a leading digital marketing solutions and sales training provider for insurance agencies, encourages ... More Sponsored Content Join the Insurance Journal Network Insurance Journal TV Greenberg's View: First Job, 'White Blackbirds,' Corporate Culture Maurice "Hank" Greenberg helped build American International Group into the world's largest... Watch Now D&O Trends: Keeping Eye on Securities Litigation There have been a lot of changes in the world of securities litigation. Insurance Journal... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums I.A. start up- cluster, alliance (siaa type) or go it alone? Posted: Mon Apr 1 -- You might want to look into FMJ Agency Alliance. They have helped many former captive agents get started on the independent side of the... dirtmen AICPCU ARM Program Breadth and Scope Posted: Mon Apr 1 -- I am a CPA/CFE Forensic Accountant who has recently started working in Fraud Management for an international P&C Insurer dealing in a very... john_of_kc What marketing efforts are generating business? Posted: Sat Mar 30 -- I am in my 1st year in the P&C business and mainly using online leads. Have to sift through a of dirt to find a gold nugget. But it is... myagentethan Arizona broker fees Posted: Sat Mar 30 -- Yes. Your information is correct but you are making a lot of assumptions about my statement. INTLXS What is your biggest pain as an agent? Posted: Sat Mar 30 -- 1) Leads companies the sell bogus, incentivized ( win free ipad) or recycled leads. 2) Legit leads that never answer the phone or email myagentethan SIAA vs. Cluster? Posted: Sat Mar 30 -- I found out th MA I am working with at SIAA does but I'm learning Mercury is very tough to deal with, cutting commission and raising... JZanders Farmers vs. Independent Posted: Fri Mar 29 -- "hello Friends, I am a new in field with a CA P&C License. Please suggest me the company,where I would start as a... d's insurance store Go to Forums Reader Comments Lobbyists Keep Battling As Obamacare Turns 3 Posted: Mon Mar 25 -- There has never been a bill passed in Congress in the history of the country that has had as much negatively said about it after this much... Agent How Obamacare Could Affect P/C Insurance Posted: Thu Mar 28 -- Sarting to see employers who have 20-50 workers set up new companies (split there employees between two companies) to avoid paying for... TX Agent Insurance Agent Takes Stand on Gay Marriage in Supreme Court Case Posted: Thu Mar 28 -- Is your young daughter an adult? If yes, and she consents, then we have 2 consenting adults and they should be allowed to get married (enter... Captain Planet Flood Insurance Policyholders Told to Expect Big Premium Hikes Posted: Thu Mar 28 -- About time, tired of seeing my tax dollars going to New York and New Orleans! If you want to live on the water, you pay for it, not me! I... H Vogel North Carolina Bill Would End Motorcycle Helmet Mandate for Adults Posted: Thu Mar 28 -- A motorcycle course likely won't help....most motorcycle crashes are caused by cars or trucks that don't see the bike. We won't get on the... v Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue March 25, 2013 Hot New Markets; High Risk Property; Corporate Profiles - Regional Edition; 2012 Mergers & Acquisitions Summary Report; Quarterly Employee Benefits Brokerage Report 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 Underwriters/Brokers Senior Healthcare Contract Specialist Customer Service Representative Personal Lines Account Executive 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. View our Media Kit for advertising options in our magazines and online properties. Subscribe | Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2013 by Wells Media Group, Inc.