Daily Headlines: Tuesday, April 23, 2013

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April 23, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Directors, Officers Face Increased Scrutiny: Willis/Allen & Overy Survey "The threat of regulatory investigations and enquiries, criminal penalties, along with anti-corruption legislation, are among the top ... What Young Agents Say About Their Career Choice The road to becoming a successful independent insurance agent is not always easy. The economy and often volatile property/casualty ... Feds Rule Apple Did Not Violate Google Patent Apple Inc scored a win on Monday when the U.S. International Trade Commission ruled that it did not violate a Google patent to make the ... S&P Asks Federal Court to Dismiss U.S. Fraud Lawsuit Standard & Poor's asked a federal judge on Monday to dismiss a U.S. Justice Department civil suit against the rating agency, arguing the ... Most Carriers Offer Agents Training Opportunities for Online Sales: Survey A two-thirds majority of independent insurance agents say their carriers are providing them with training and consulting on how to use ... Crum & Forster to Offer DriveCam Services to Policyholders Crum & Forster (C&F) will now offer DriveCam's managed services to its policyholders as part of C&F's loss control/safety management ... 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... Cyber Risk Still Not Insured By Most RMs: Towers Watson Survey Carriers offering cyber insurance may have seen an increase in demand for their specialty insurance policies over the... More National News East Zurich American to Refund $4.56M to Disability Policyholders in New York New York Gov. Andrew Cuomo announced that Zurich American Insurance Company has agreed to refund $4.56 million to policyholders of its New ... Vermont's Insurance Division Launches Online Complaint Filing System Vermont's Financial Regulation Commissioner Susan Donegan announced this week that her department has launched a new secure online method ... N.Y. Regulator Lists New Financial Issues of Concern New York financial regulators have begun focusing on issues including the independence and integrity of monitors installed at banks and ... After Irene and Lee in 2011, Some Families Still Displaced in New York Amy and Bill Wetsel's house near the Schoharie Creek is still empty and stripped down to wall studs. More than 19 months after the deluge ... Hundreds of Cars Unclaimed in Sandy to Be Auctioned in New York More than 500 BMWs, Cadillacs, Toyotas and other vehicles damaged and towed during Superstorm Sandy remain unclaimed and will be auctioned ... Ohio-based Zito Insurance Agency Partners with Keystone Insurers Group Zito Insurance Agency, based in Mentor, Ohio, is partnering with insurance broker Keystone Insurers Group. Zito Insurance Agency was ... More East News Midwest More Rain, Snow Could Lead to More Flooding in Midwest The Mississippi River is topping out at some problematic spots and there is growing concern that spring floods are far from over. The good ... Minnesota Driver's License Privacy Breaches Could Cost Millions Liability claims for improper uses of Minnesota's driver's license database could reach several million dollars. Many cities, counties and ... Signature Select Adds Rasby as Kansas City Market Leader Signature Select LLC, an IMA company, has added Greg Rasby as the Kansas City market leader. Rasby joins Signature Select from Gallagher, ... More Midwest News Southeast North Carolina Senate OKs Insurance Laws That Could Mean Savings A pair of automobile insurance bills doesn't overhaul how premiums are set in North Carolina but could provide some cost savings for ... Floridians Encouraged to Buy Flood Insurance Before Hurricane Season Gets Underway Florida Insurance Commissioner Kevin McCarty is encouraging Floridians to make preparations now for the upcoming 2013 hurricane season by ... Florida Compounding Pharmacy Recalls Sterile Drugs A Florida-based compounding pharmacy is voluntarily recalling all lots of its sterile non-expired drug products sold nationwide over ... Workers' Comp Insurer MEMIC Appoints Ancillary Services Director in Florida The MEMIC Group, a workers' compensation insurer headquartered in Maine, recently promoted Jared Payton to national director of ancillary ... More Southeast News South Central Earthquake Swarm Keeps Central Oklahoma All Shook Up More annoying than threatening, tiny tremors are shaking portions of central Oklahoma with increasing frequency - rattling homes, knocking ... Texas-Based Halliburton Posts 1Q Loss on Oil Spill Litigation Charges Houston, Texas-based Halliburton says it lost $18 million in the first quarter, pulled down by $637 million in charges related to its role ... Safety Rules Limited for Small Fertilizer Plants There were no sprinklers. No firewalls. No water deluge systems. Safety inspections were rare at the fertilizer company in West, Texas, ... More South Central News West Family Sues Idaho Hospital Over Father's Death James Dorsey led a full and active life, his final years spent helping care for his grandchildren and enjoying big family dinners. The ... Claim That Quake Caused Utah Mine Disaster Rejected A University of Utah study had rejected a company's claims concerning the cause of a 2007 collapse at Utah's Crandall Canyon coal mine that ... Former Montana Power Workers Settle Lawsuit A class-action lawsuit between former workers at Montana Power Co. and the defunct utility has been settled for $1.2 million. The Montana ... IIABCal Long-Time Member Michael Remembered The Independent Insurance Agents and Brokers of California is reporting that long-time IIABCal member Lisa Michael died on April 18 from ... RIMS in Southern California Touts Risks Risk managers will play a greater role in strategic planning in the near future, according to a report issued on Monday. That was among the ... More West News International Willis Report Warns of Growing Risks from Natural Catastrophe Exposures "The growing threat of natural catastrophes is raising serious challenges for corporate risk managers and the insurance industry," ... Aon Global Risk Management Survey Highlights 'Top 10' Risks for 2013 & 2016 "Risk leaders are struggling to identify and manage the major risks facing their organizations," according to the biannual Aon Global Risk ... AIR Worldwide Announces New Real-Time Climate Risk Analytics Service Catastrophe modeling firm AIR Worldwide (AIR) has announced the availability of "Real-Time Climate Risk Analytics," which it described as a ... No Light yet at End of Euro Zone Tunnel; Global Economic Weakness Persists An early peek this week at how the euro zone economy performed in April could cement the case for the next installment in an unprecedented ... Study Finds Long-Term Global Cooling Period Ended in 19th Century A global long-term cooling trend ended late in the 19th century and was followed decades later by the warmest temperatures in nearly 1,400 ... ACE International Expands Travel Risk Coverage to Renewable Energy Industry ACE Commercial Risk Services, the U.S.-based small business insurance division of the ACE Group, has added additional capability ... More International News Sponsored Content Atlas General Insurance Services, LLC Announces its Launch of the Atlas Commercial Division San Diego, CA, 4/23/13 - Atlas General Insurance Services, LLC, a national multi-line program manager, is pleased to announce the formation ... More Sponsored Content Insurance Journal Blogs Podcast: March Madness of Insurance Mascots Goes Viral We had a blast creating and running the March Madness of Insurance Mascots game. We didn't expect it to go viral (who does?) so it was ... More Blogs 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: Mon Apr 22 -- mdagent, Superior Access and Consolidated are General Agents that submit your information to the respective companies for a quote. Then,... ziiqui 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 Court: No Insurance Coverage in South Dakota Crash That Hurt 4 Boys Posted: Mon Apr 22 -- First, very sorry for the families, glad their children did survive. How much clearer does a notice of cancellation have to be than to give... TxLady 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 Climate Scientists Struggle to Explain Warming Slowdown Posted: Tue Apr 16 -- While I hoped the global warming crowd was wrong,I was kind of looking forward to seeing my Midwestern estate transformed into beachfront... Original Bob Deal OK'd in Muslims' False Advertisement Suit Against McDonald's Posted: Fri Apr 19 -- They shouldh't have to eat at home. Just open their own style restaurant and quit going to McDonalds. Nothing difficult about it. They should be able to eat out Colorado Jury Finds Helmet Maker Riddell Negligent Posted: Tue Apr 16 -- Maybe they should go back to wearing leather condoms like they used to way back when they first started playing football. In days of yore... Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue April 22, 2013 Top 50 Apps for Insurance Agents; Entertainment, Sports & Special Events; Directors & Officers Liability 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 NAPEO - Director State Government Affairs VP Claims Producer - Wholesale Agency Commercial Lines Production Underwriter Have a job opening? 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