Daily Headlines: Monday, April 22, 2013

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April 22, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Concerns Over Patient Safety a Top Concern for Hospital Leaders, Risk Managers: Study The lack of teamwork combined with a negative culture and poor communication in hospitals today presents a barrier when it comes to patient ... News Corp. Settles Shareholder Lawsuit News Corp. on Monday said it recovered a $139 million in insurance proceeds in a settlement with shareholders over the board of directors' ... Halliburton in Talks Over Gulf Oil Spill Settlement, Takes Charge Halliburton Co. is in talks to settle private claims against it in a trial to determine how blame should be shared for the 2010 Gulf of ... Best Affirms Meadowbrook and Subs Ratings; Removes from Under Review A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating (FSR) of 'A-' (Excellent) ... Best Affirms Ratings of Canopius US; Removes From Under Review A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating of 'A'- (Excellent) and ... Ratings Recap: Saturn, Western General, German Mutual, Accredited Surety A.M. Best Europe - Rating Services Limited has affirmed the financial strength rating of 'A-' (Excellent) and issuer credit rating of "a-" ... MarketScout, Ironshore Launch E&O Program for CIC Insurance Agencies MarketScout has developed a new errors & omissions facility designed specifically for Certified Insurance Counselors (CIC) to be offered ... New Workers' Compensation Formula Lowers Premiums for Most Employers A reworking of a key piece of the workers' compensation rating formula isn't changing rates overall but is changing premiums for most... Upcoming Cat Model Change, Capital Markets Pressuring Prop-Cat Rates, Execs Say As first-quarter earnings reports started trickling in from property/casualty insurers and reinsurers carriers last... More National News East Police Look to Expand Connecticut Workers' Comp Law The police union that represents the officers who responded to the Sandy Hook Elementary School shooting is still hoping to change ... I.I.I. : 93% of New Jersey/New York Sandy Claims Settled Insurance regulators in New Jersey and New York -- the two states hardest-hit by Sandy -- report that insurers have settled 93 percent of ... Penn. Man Drops Suit Over Mansion Fire, Will Split $18.5M Insurance Payout A suburban Philadelphia man has decided to drop his legal battle against a Canadian couple he claimed had schemed to buy, and then burn ... Delaware Workers' Compensation Panel Meets A state panel looking at soaring workers compensation rates in Delaware is considering a two-year freeze on inflation-based fee increases ... K2 Insurance Services Buys Aegis Security in Pennsylvania San Diego, Calif.-based K2 Insurance Services has acquired Aegis Security Inc. in Harrisburg, Penn. Terms of the acquisition were not ... More East News Midwest Officials: Flood Control Proposal not Worth Money in Indiana Town A project recommended by the U.S. Army Corps of Engineers after 2008 floods caused about $500 million in damage in Bartholomew County won't ... Nebraska High Court Upholds Dismissal of Book Lawsuit The Nebraska Supreme Court on April 19 upheld the dismissal of an Omaha woman's lawsuit against a Massachusetts bookseller over a rare, ... Court: No Insurance Coverage in South Dakota Crash That Hurt 4 Boys An insurance company does not have to cover a Rapid City woman for a crash because her policy expired 12 hours before she hit four boys on ... More Midwest News Southeast State Farm: 4,400 Wind-Hail Damage Claims in West Virginia in 2012 State Farm says the most common homeowner insurance claims in West Virginia are from wind and hail damage. The insurance company says there ... Florida Becomes 4th State to Sue BP Over Oil Spill The state of Florida filed a lawsuit last Saturday against British oil company BP and cement contractor Halliburton over the Deepwater ... Massive Overhaul of West Virginia Health System Urged Few states spend as much on health care as West Virginia, but you wouldn't know it from the results. That has a new study urging major ... Niota, Tenn., Temporarily Closes City Services as Insurance Expires Much of the city of Niota, in Tennessee, is shut down, including its police and fire departments, after the city's liability insurance ... More Southeast News South Central Some Residents Allowed Back Home After Texas Blast Stranded families growing weary and frustrated since a deadly Texas fertilizer plant explosion left them barricaded from their battered ... Louisiana Will Chip in on Bayou Pointe-aux-Chenes Floodgate Cost State officials in Louisiana have approved a grant that will pay for 50 percent of the cost of a new floodgate to be built on Bayou ... Oklahoma Flood Insurance Rate Increases in October The Oklahoma Department of Insurance says flood insurance administered by the National Flood Insurance Program is set to increase rates for ... More South Central News West Nevada Senate Approves Cellphone Tracking Bill The Nevada Senate has approved a bill designed to give law enforcement quicker access to cellphone locations in times of emergency. SB268 ... Drought Costs Wyoming County its No. 1 Hay Spot Fremont County has lost its spot as Wyoming's No. 1 alfalfa-producing county, growing only two-thirds of the hay in 2012 than it did in ... ICW Group, SIMNSA to Offer WC Care to Southern California Employees ICW Group Insurance Cos. has entered into an exclusive partnership with Sistemas Medicos Nacionales, S.A. de C.V. (SIMNSA), to offer work ... California Parents Win $7.7M In Daughter's Wrongful Death A jury has awarded $7.7 million to the parents of a woman diagnosed with schizophrenia who died during a scuffle with her caregivers. The ... Panelists Named To Select New Mexico Insurance Regulator Health care and insurance industry officials and a state legislator were named by Gov. Susana Martinez to a panel that will select New ... EPA Blamed For Delays in Asbestos Study In Montana Internal investigators are faulting the Environmental Protection Agency for years of delays in completing health studies needed to guide ... Agency Ordered Steel Test For Bay Bridge In 2008 As engineers in California try to determine the cause of brittleness in steel rods on the new Bay Bridge, newly revealed documents show ... More West News International Earthquake Kills 207 People Injures 11,500 in China's Sichuan Province China's worst earthquake in three years on Saturday killed at least 207 people and injured 11,500, 960 of them seriously, according to the ... ABI Reports UK is the 'Whiplash Capital of Europe' Research from the Association of British Insurers highlights the fact that the UK is the 'Whiplash Capital of Europe'. According to the ABI ... Brit Global Specialty Acquiring Maiden Holdings' E&S Renewals, Underwriting Bermuda-based Brit Insurance and Maiden Holdings, Ltd. have announced a temporary 100 percent quota share reinsurance of Maiden's Excess ... Towers Watson Expands Crisis Management Brokerage Lineup Global professional services company Towers Watson has augmented its crisis management brokerage and consultancy operation with the ... McGraw Elected as ICC Chairman; Mittal Vice-Chairman The Paris-based International Chamber of Commerce announced the election of Harold McGraw III to become the ICC's Chairman and Sunil Bharti ... More International News Sponsored Content Centauri Expands its Business Relationship with American Claims Management San Diego, CA, 04/22/13 - American Claims Management, Inc. (ACM), a national third party administrator, has expanded its Personal Property ... More Sponsored Content Join the Insurance Journal Network Insurance Journal TV Greenberg's View: Finite Reinsurance The cornerstone of former New York Attorney General Eliot Spitzer's campaign against AIG and... Watch Now Agents Hang-On to P/C Market But Lose Ground in Personal Auto After years of dwindling premiums, the property and casualty insurance industry managed to... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Insurance Noodle vs. Superior Access vs. Agent Secure Posted: Thu Apr 18 -- Attention Texas Agents- If you are considering using Insurance Noodle, Superior Access, or AgentSecure to access carriers you might want to... kylemead Pole Barn W/Wind FL Posted: Wed Apr 17 -- Private property Autumnle465 Paperless Environment Posted: Tue Apr 16 -- I completely agree with Island Girl. We started going paperless 6 years ago. The first year was a royal pain with the initial scanning but... justthere Business Loss - Travel Insurance Posted: Tue Apr 16 -- This is true. However, most people do not realize that major credit card companies also provide insurance for lost or damaged goods while... chad37 TX - Workers Comp - Contractor Posted: Tue Apr 16 -- Have you considered a Professional Employer Organization (PEO)? SOI has locations in Dallas, Houston, Austin and San Antonio as well... DOrgant What is your biggest pain as an agent? Posted: Mon Apr 15 -- 1) Billing questions, non payment cancelations, reinstatement request of bad pay clients. 2) Binder requests... yoyowordup Agency Management System Posted: Mon Apr 15 -- If you click on the specific company at agencyuserreviews.com it shows you how many customers reviewed the software and their comments.... yoyowordup 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 Go to Forums Reader Comments Climate Scientists Struggle to Explain Warming Slowdown Posted: Tue Apr 16 -- Of course they're struggling to explain it. Their whole argument was BS from the beginning. Larry Bortolin As Gun Sales Soar, Insurance Sales Follow Suit Posted: Mon Apr 15 -- Folks, Ya'll need to shake yourself. Police are trained to shoot or not shoot at targets based on threat assessment. A woman carrying a baby... Roger Rabbit FBI Calls Boston Marathon Bombings 'Potential' Terrorist Act Posted: Wed Apr 17 -- Planet, I have been praying for the victims since it happened and also that our government will be successful in catching and dealing with... Agent UN Report Finds World Climate Change Goal at Risk as Emissions Surge Posted: Mon Apr 15 -- I will most likely be regarded as a "sceptic" with my following commentary however, believe that I am actually a "realist", so here we go.... Jeff Smith Gun Liability Insurance Measures Facing Uphill Battle in State Legislatures Posted: Mon Apr 15 -- Agent said- Caterpillar was really struggling with Obamacare and how it was going to affect them so they applied for and received a... 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