Daily Headlines: Monday, April 15, 2013

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April 15, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Report: U.S. Making Progress Against 'Too-Big-to-Fail' Bailouts For the past year, a special team of U.S. bank regulators has been on a quiet mission to end the belief on Wall Street that large banks are ... Bankrupt Meningitis Pharmacy Battles States Over Insurance The bankruptcy estate of the pharmacy linked to a deadly U.S. meningitis outbreak plans to battle nearly 30 states to preserve its right to ... Supreme Court Will Not Hear Drugmaker's Appeal of Insurer's Medicare Reimbursement Claim The U.S. Supreme Court on Monday declined to consider whether private insurers can sue giant drugmaker GlaxoSmithKline Plc over health ... Atlantic Casualty Names Strickland President, Chief Operating Officer Bret Strickland has been named president and chief operating officer of Atlantic Casualty Insurance Co., replacing William G. Reynolds, who ... Supreme Court Asked to Decide If Human Genes Are Patentable Soon after learning that his son had autism, Hollywood producer Jon Shestack ("Air Force One") tried to get researchers investigating the ... ACE Expands PL Insurance Products to Address Hospital, Physician Integration ACE USA's Medical Risk Group has introduced a range of physician professional liability insurance products and coverage options in support ... Agency Principals, Producers, CSRs, All Employees: Which Operations Most Affect Profits? Agency and brokerage principals and CSRs and all other employees: You are invited to participate in a unique Agency Operations & Profit ... ACE Launches Agriculture P&C Business The ACE Group has formed ACE Agribusiness, an agriculture property and casualty insurance business. ACE Agribusiness is comprised of Penn ... As Gun Sales Soar, Insurance Sales Follow Suit Proposed federal and state gun legislation is having an unintended effect on growth in the gun insurance market across the country. Experts... Powerful Predictions: Finding the Best Prospects Large financial services firms like Morgan Stanley are focusing on predictive analytics to accelerate growth among... More National News East Delaware Workers Compensation Panel Continues Work A state panel looking at soaring workers compensation rates in Delaware is considering whether injured workers should be paid total ... Feds Give Sandy Victims Up to 1 Year Break on Mortgage Payments Federal mortgage payment relief has been extended up to one year for more than 200,000 homeowners whose houses were damaged by Superstorm ... Pennsylvania Senate Renews Bid to Limit Abortion Coverage State senators are renewing an effort to ban coverage of elective abortions by insurance policies that are offered in Pennsylvania's health ... More East News Midwest Losses from Ohio Summer Storms Higher than Initial Estimate Updated data indicates insured losses from storms that socked Ohio in late June and early July totaled $845 million in the state, or nearly ... Feds Probing Indiana's Workplace Safety Agency The federal government's workplace safety agency is investigating its Indiana counterpart - a department that documents indicate is trying ... Concealed Weapons Fuel Debate on Driver's Licenses in Missouri Republican lawmakers' concerns about new driver's license procedures in Missouri are being exacerbated by the state's unique system for ... Michigan Insurance, Medical Groups: Reinstate Helmet Law Members of Michigan's insurance and medical industries as well as some rider groups are calling on lawmakers and Gov. Rick Snyder to ... More Midwest News Southeast Tennessee House Approves Workers' Comp Claims Panels Along Party Lines After defeating several attempts by Democrats to dial back the proposal, the Tennessee House last Thursday approved Republican Gov. Bill ... Florida Senate Passes Bill on Medical Malpractice Expert Witnesses The Florida Senate is making it harder to pursue medical malpractice claims. The Senate last week voted 27-12 for the bill and sent it to ... West Virginia Advances Limit on Nursing Home Liability The West Virginia legislature has moved to limit the liability that nursing homes can face in potential lawsuits. The bill passed ... Court Upholds Mississippi Attorney Scruggs' Corruption Conviction A federal appeals court panel has upheld the conviction of Richard "Dickie" Scruggs, one of Mississippi's most prominent attorneys before ... Judge Nixes Insurer Lawsuit After Juror Conducts Online Research A federal judge in Louisville has dismissed an entire jury pool in a civil case because one of the jurors did online research about the ... More Southeast News South Central Oklahoma Safety Bills to Change Little for Schools The highly touted package of school security bills that have passed the Oklahoma Legislature and now wait only for Gov. Mary Fallin's ... Analysis: Private Health Plan Option Tough Sell for Arkansas GOP Voters For Arkansas Republicans elected on a vow to defeat the federal health care overhaul, a proposal to expand subsidized insurance relying on ... Louisiana Town Wants to Toughen Law on Pit Bulls City officials in Westwego, La., want to make it more difficult for residents to own pit bulls in a crackdown following a near-fatal attack ... Texas Mutual: 3rd Provider Sentenced in Fraud Scheme Texas Mutual Insurance Co. announced that Michael T. Douglas of Denton, Texas, pleaded guilty to charges of perjury in a workers' ... More South Central News West San Francisco Cable Car Accidents Costs Millions In this city of innumerable tourist attractions, the clanging, hill-conquering cable cars stand out as a top draw. The quaint conveyances ... New Mexico Judge To Decide $14 Million 'Lizard Man' Suit A federal judge says he will render a verdict as soon as possible in the $14 million wrongful death suit filed by the family of a samurai ... Former NFL Player Charged With Insurance Fraud in California A former National Football League linebacker is facing charges for what prosecutors say was a $1.5 million scheme to defraud a Sacramento ... 5 Killed In Idaho Home Fire After Electrical Short An extension cord hooked to an electric grill on a porch shorted out and started a house fire that killed five people Saturday morning, a ... Scottsdale in Arizona Names Davis Vice President Scottsdale, Ariz.-based Scottsdale Insurance Co. named Karen Davis vice president of agency management and business development. Davis will ... Leavitt Pacific Taps Groff as a Producer in California Leavitt Pacific Insurance named Susan Groff as a commercial lines producer in Northern California. Groff has more than 16 years of ... More West News International UN Report Finds World Climate Change Goal at Risk as Emissions Surge A global goal for limiting climate change is slipping out of reach and governments may have to find ways to artificially suck greenhouse ... Investigators Probe Lion Air Crash in Bali Indonesian investigators on Sunday began working to determine what caused a new Lion Air passenger jet to miss a runway while landing on ... Willis Re Finds Reinsurance Market Changes Favoring Mutual Insurers Mutual insurers have found themselves in a prime position to capitalize on changes in the traditional reinsurance market, according to ... Banco do Brasil Insurance Unit IPO Suspended for 30 Days Brazil's securities regulator CVM on Monday suspended the initial public offering of Banco do Brasil SA's insurance unit BB Seguridade for ... Ascot Appoints Taylor to Board of Directors Ascot Underwriting Ltd. announced the appointment of Paul Taylor as its new Independent Non-Executive Director and Chair of Ascot's Risk ... Best Affirms Samsung Fire & Marine Insurance Company of Europe Ratings A.M. Best Europe - Rating Services Limited has affirmed the financial strength rating of 'A' (Excellent) and issuer credit rating of "a" of ... More International News Join the Insurance Journal Network Insurance Journal TV Greenberg's View: Opening Global Markets, Shaping Foreign Relations Maurice "Hank" Greenberg helped build American International Group (AIG) by opening global... Watch Now Underwriting Financial Institutions: Challenges and Opportunities It's not easy to fully understand all the risks involved in underwriting financial... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Non compete lawsuit Posted: Mon Apr 15 -- Shadow, Not sure it you've seen an attorney or not yet, but you need to do so ASAP if your husband is planning on staying in the business.... sacman Direct Mail VS Paid Leads Posted: Sat Apr 13 -- 'd' is correct! Don't waste your money! NOTHING works, except REFERRALS! If you have COMPETITIVE companies, solicite your own clients for... ziiqui TX - Workers Comp - Contractor Posted: Thu Apr 11 -- We currently write with Service Lloyds, but once they found out majority of the workers are based outside of the state, they got off of it.... Smalltownagent remote control aerial photography Posted: Wed Apr 10 -- Thanks, Will give them a call. haharem Business Loss - Travel Insurance Posted: Tue Apr 9 -- One easy thing that most people forget is that companies like American Express have built in insurance if the travel arrangements are made... michaelh51 Pole Barn W/Wind FL Posted: Tue Apr 9 -- Private Property or Commercial use? Michmmosh Go to Forums Reader Comments Gun Liability Insurance Bills Aren't the Answer, Says Insurance Industry Posted: Wed Apr 10 -- besides my normal amazement at the ignorance of most people about firearms, now I am amazed by the accompanying vote (see sidebar) about... bob As Gun Sales Soar, Insurance Sales Follow Suit Posted: Thu Apr 11 -- I would imagine that companies covering Firearms MFG/Sales will collect some big audit additional premiums if it is based on sales.... Agent Hurricane Center Learns Lesson from Sandy; Changes Warnings Posted: Mon Apr 8 -- Didn't the storm, storm surge, et al come together as predicted? It was forecast for days ahead, no one should have been caught off guard.... insurance mom University Of Idaho Student Sues After Fraternity Fall Posted: Tue Apr 9 -- This is the second lawsuit in about five years concerning an imbibing female student allegedly falling out of a fraternity window at the... Fair Playing Field Judge: Chicago Firm Can Sue Facebook over 'Timeline' Posted: Mon Apr 8 -- I'm with you. I invented watering my grass early in the morning while still in my boxers. If anyone else is doing this, they had better pay... uct Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue April 8, 2013 Big "I" Issue (with Young Agents Survey); Medical Professional Liability; Alcohol & Drug Rehab; Bonus: Education & Training 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 Commercial Lines Production Underwriter Marketing Representative Producer/agency owner Insurance General Manager Have a job opening? List it on our Web site. 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