Daily Headlines: Thursday, April 18, 2013

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April 18, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Senate Democrat Criticizes Healthcare Law Education; Sebelius Cites Lack of Funding A Democratic senator who helped craft President Barack Obama's signature healthcare law gave the administration "a failing grade" on ... BofA CEO Moynihan, Ex-CEO Lewis Facing Mortgage Disclosures Suit A federal judge has revived a securities fraud lawsuit accusing Bank of America Corp. Chief Executive Brian Moynihan, his predecessor ... K&K Expands Franchised Powersports Dealer Program K&K Insurance Group, Inc. has enhanced its franchised powersports dealer program to now include coverage for personal transportation ... Boston Marathon Bombings Suspect Identified: Reports Investigators believe they have identified a suspect in the Boston Marathon bombing from security video and an official statement was ... Boston Marathon Bomb Victims May Turn to BAA Insurance, Central Fund for Compensation Victims of the Boston Marathon bombings will eventually win some kind of compensation, but it is far too early to know how much money there ... Top 10 States for Hail Claims: State Farm Damage caused by wind and hail cost State Farm and its policyholders more than $3.9 billion in 2012. According to State Farm, the states ... Interest in Personal Gun Liability Insurance Protection Increasing Interest in personal liability insurance for firearms owners has expanded with the media focus on gun-centric events and the public... O'Leary Set To Lead PHLY's High Achievers & Loyal Soldiers Although the name of the senior-most officer of Philadelphia Insurance is changing, just about everything else is going... More National News East N.Y. Reaches Settlement With QBE Over 'Force-Placed' Insurance Business New York officials announced this morning that a New York State Department of Financial Services (DFS) investigation produced an additional ... 2 N.J. Gas Stations Settle Suit Over Alleged Price Gouging After Sandy Two gas stations in New Jersey will pay a combined $46,000 to settle claims they gouged gas prices following Superstorm Sandy. The state ... Penn.-Based Donegal Group Posts $6.5M Q1 Income Marietta, Penn.-based Donegal Group Inc. reported on Wednesday net income of $6.5 million for the first quarter of 2013, down nearly 17 ... Nearly 95% of N.Y. Sandy Claims Closed, Insurers' Response Report Card Shows New York State regulators' latest Sandy response report card shows that almost 95 percent of Superstorm Sandy-related personal and business ... New Jersey Official: State to Buy Flood-Prone Homes in '13 New Jersey officials plan to unveil a plan in the next two to three weeks for buying out roughly 1,000 flood-prone homes from owners who ... More East News Midwest Billhartz Promoted to Senior VP in Heffernan's St. Louis Branch Heffernan Insurance Brokers promoted Brian Billhartz to senior vice president and branch manager in its St. Louis, Mo., office. Billhartz ... Survey: Michigan Voters Support No-Fault Reform According to a recent statewide poll commissioned by the Coalition for Auto Insurance Reform (CAIR), an overwhelming number of Michigan ... Severe Storms Dump Heavy Rain, Large Hail on Indiana Severe thunderstorms that dumped heavy rains and large hail on parts of Indiana also produced lightning blamed for house fires and damage ... Digital Signs to Warn Minn. Drivers About Tornadoes Digital billboards in Hennepin and Ramsey Counties will be a new way to warn motorists about tornado warnings. The billboard warnings are a ... More Midwest News Southeast North Carolina Auto Insurance Rating Bill Dies in Committee Legislation to overhaul North Carolina's automobile insurance system was rejected Tuesday by a House committee after Insurance Commissioner ... Mississippi's Tornado-Damaged Businesses Getting Back to Business In keeping with the traditional Mississippi never-say-die attitude, many Hattiesburg area business owners affected by the Feb. 10 tornado ... More Southeast News South Central PCI: Too Early for Insurance Implications of Deadly Fertilizer Plant Explosion in Texas A fertilizer plant exploded in the small Central Texas town of West on Wednesday night, killing an estimated 15 people, insuring more than ... Texas Mutual to Host AASCIF Annual Conference in Austin Texas Mutual Insurance Company will host the American Association of State Compensation Insurance Funds (AASCIF) Annual Conference. The ... Fire at Exxon Texas Refinery Injures 12 Twelve contract workers were hurt on Wednesday morning when a fire broke out at a unit undergoing repairs at Exxon Mobil Corp.'s 344,500 ... Audit Says Louisiana May Owe Feds for Misspent Storm Aid Louisiana may owe the federal government more than $115 million for disaster relief aid that was misspent or awarded to ineligible ... More South Central News West Hub International Names Castiglia Senior Vice President in California Hub International Insurance Services named Mary Castiglia senior vice president of its San Francisco commercial division. Castiglia will ... Liability An Issue For Colorado Ski Patrols Colorado ski areas and sheriffs are becoming increasingly concerned over liability for dangerous backcountry rescues outside ski area ... Ex-Utah Cop Headed To Jail For Insurance Fraud A former police officer in Price, Utah has been sentenced to jail for defrauding his car insurance company. Robert Iain Walker was ... Utah Mine Landslide 1 Of Largest In History A massive landslide that halted operations at a major Utah copper mine last week was one of the largest in the history of open pit mining, ... Washington Governor Announces Bill To Address Drunken Driving Gov. Jay Inslee and a bipartisan group of lawmakers unveiled a plan that would make changes to the state's impaired driving laws, including ... Wyoming Supreme Court Hears DUI Testing Case The Wyoming Supreme Court is considering whether the state constitution is adaptable to changing technology when it comes to police ... American Modern Enhances Yacht Program in California, Washington American Modern Insurance Group, a national specialty insurance carrier, has enhanced its yacht program in California and Washington, ... Risk Retention Association Hails Court Ruling in Nevada Battle In a decision the National Risk Retention Association says will help clear any future hurdles faced by risk retention groups in other ... More West News International Sources Say China Revamps Anti-Money Laundering Rules for Banks Insurers Chinese banks must rate their clients' risk of criminal conduct on a scale of 1-5 as part of the central bank's moves to curb money ... UK Insurer Aviva to Cut 2,000 Jobs Worldwide British insurer Aviva Plc will cut as many as 2,000 jobs worldwide in the latest cost-cutting drive aimed at revitalizing its flagging ... Best Reports: Reinsurance Capacity Keeps Growing, Despite Low Yield, Competition "A return to an underwriting profit in 2012 enabled the global reinsurance market to continue its growth trajectory despite significant ... Aon Benfield ILS Report Notes Cat Bond Investor Returns Double Aon Benfield Securities Insurance-Linked Securities First Quarter Update 2013 has concluded that "for the annual period ending March 31, ... Tobben to Head Aspen Re's Newly Formed Capital Markets Division Bermuda-based Aspen Reinsurance, the reinsurance unit of Aspen Insurance Holdings Limited, announced the formation of a new division, Aspen ... More International News Sponsored Content Atlantic Specialty Lines Promotes Seth Johnson to Corporate COO Richmond, VA, 4/18/13 - Atlantic Specialty Lines continues its evolution by promoting one of its founders, Seth Johnson, to a new ... 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 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 Insurance Noodle vs. Superior Access vs. Agent Secure Posted: Mon Apr 15 -- ok- I'm trying to keep up here- But are you saying you don't actually quote with the companies themselves? That you use a 'go-between'? mdagent 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 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... Sargent Major University Of Idaho Student Sues After Fraternity Fall Posted: Thu Apr 11 -- I'm not sure how the laws are there, but in the state of MO, you lose the ability to sue if you are a minor under the influence of alcohol.... 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 Producer - Wholesale Agency Commercial Lines Production Underwriter Marketing Representative Producer/agency owner Have a job opening? List it on our Web site. 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