Daily Headlines: Friday, May 10, 2013

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May 10, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National $45 Million Global Cyber Bank Theft: Who Pays the Losses? In one of the biggest ever bank heists, a global cyber crime ring stole $45 million from two Middle Eastern banks by hacking into credit ... Senate Farm Bill Draft Boosts Southern Crop Subsidies In a concession to Southern lawmakers, the new U.S. farm law would set sharply higher support prices for rice and peanut crops under a ... Republicans Renew Push for Repeal of Obamacare The White House announced a new $150 million initiative on Thursday to get uninsured Americans covered under President Barack Obama's ... First Capital, Hudson Insurance Group Launch Insurance Services PL Facility First Capital-AWIS, LLC (First Capital) and Hudson Insurance Group (Hudson) have introduced a new insurance services professional liability ... Hospital Charges Vary Widely, Even Within Cities: U.S. Data The Obama administration revealed what over 3,000 hospitals charge for common medical procedures in an early effort to challenge healthcare ... After Sandy, Underwriters, CAT Models View Northeast Like Southeast: NAPCO Superstorm Sandy may not have hardened the insurance market, but it has changed the way underwriters view the Northeast, a view that... How To Reverse Declines In Your Management Liability Portfolio What do you do when your management liability portfolio isn't producing the same rate of return it has in the past? The... More National News East New York AG May Follow Greenberg Case, Drop Claims Against BofA Over Merrill Last month, New York Attorney General Eric Schneiderman withdrew claims for up to $6 billion in damages against former AIG chief Hank ... Mass. DOI to Issue Report on Insurance Claims Arising From Boston Bombings The Massachusetts Division of Insurance said it is currently examining claims arising from the April 15 Boston Marathon bombings in an ... New York Senate OKs Legislative Package to Fight Auto Insurance Fraud The New York State Senate approved three bills that aim to cut down on auto insurance scams by increasing penalties for those who commit or ... 2 Third-Generation Independent Agencies Merge in Massachusetts Ross Insurance Agency, a third-generation independent agency based in Holyoke, Mass., recently purchased another third-generation Holyoke ... More East News Midwest Ohio Insurance Director Warns of Health Care-Related ID Scam Ohio Lieutenant Governor and Insurance Director Mary Taylor issued an alert after reports surfaced that telephone con artists are ... Wisconsin Assembly Passes Asbestos Lawsuit Bill The Wisconsin Assembly has passed a bill opponents say would slow asbestos-exposure lawsuits. The measure would require plaintiffs to ... Ohio Women's Home Fighting Insurance Company to Stay Put Supporters of a nonprofit home for struggling women on May 8 protested the continued efforts of a major insurance company to force them to ... More Midwest News Southeast Hail Storm Damage to Mississippi Government Property Estimated at $25 Million The Mississippi Law Enforcement Officers Training Academy in Pearl isn't the most aesthetically appealing place to train officers these ... West Virginia Fiesta Dinnerware Maker Sues Over Knockoffs West Virginia's Homer Laughlin China Co. is suing two companies for selling what it claims are cheap Chinese imitations of its popular and ... Bulldog Premium Finance Names Gainey As President James P. Gainey has been hired as president of Bulldog Premium Finance, a division of Bass Underwriters. Gainey provides daily management ... More Southeast News South Central Officials to Launch Criminal Investigation of Texas Fertilizer Explosion Texas Department of Public Safety (DPS) Director Steven McCraw has directed the Texas Rangers to join McLennan County Sheriff Parnell ... Revised Medicaid Expansion Backed by Louisiana House Panel A proposal that would tap into federal funding available to offer insurance to the working poor narrowly received the backing of the House ... Feds Say Insure Oklahoma Program Must Change An Oklahoma program that uses Medicaid funding to provide health insurance to 30,000 low-income Oklahomans must change in order to keep its ... More South Central News West Nevada Bill Suggests Removing Part of Marijuana DUI Tests Some Nevada lawmakers say medical marijuana patients shouldn't be deemed impaired when driving just because they have small amounts of ... Montana Man Wrongly Told He Had Terminal Brain Cancer A federal judge has ordered the Fort Harrison VA Medical Center to pay nearly $60,000 to a Winston, Mont. man who was wrongly diagnosed ... California Exchange Granted Secrecy The California agency overseeing national health care reforms was granted sweeping authority to conceal spending on contractors that will ... Jury Awards $8.8M in Southern Calif. Police Killing A jury has awarded $8.8 million to the family of a robber who was shot and killed by a police officer east of Los Angeles in Culver City. ... Bliss & Glennon Launches Nutraceutical, Nutrition, Lifestyle Program Redondo Beach, CA-based Bliss & Glennon, Inc.'s Complex Casualty division of has launched a new specialty program for the ... California Attorney General Files Suit Against JPMorgan Chase California Attorney General Kamala D. Harris on Thursday filed an enforcement action against JPMorgan Chase & Co. alleging the bank engaged ... More West News International G7 Agenda: Growth, Financial Reform, Trade Top finance officials from the Group of Seven economies will discuss ways to nurture the global economic recovery and push ahead with ... Starr Gets Philippine General Insurance License Starr International Insurance (Asia) Limited has received approval from the Philippine Insurance Commission to establish a branch office to ... More International News Join the Insurance Journal Network Insurance Journal TV Fireman's Fund Chief Looks to Future Lori Fouché became Fireman's Fund's president and CEO in July, 2011. The head of the U.S.... Watch Now Greenberg's View: Finite Reinsurance The cornerstone of former New York Attorney General Eliot Spitzer's campaign against AIG and... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Online Competition Posted: Thu May 9 -- 'other insurance' is a very important distinction in every auto insurance policy. For example, the new Farmers policy in California will... ziiqui Agency Management System Posted: Thu May 9 -- What am I missing? What do guide dogs and Social Behavior have to do with Agency Management systems? jackwehoca What marketing efforts are generating business? Posted: Thu May 9 -- I agree Eugene cold calling is very effective but it's not used very much agencies today. Pathwayinsurance What is your biggest pain as an agent? Posted: Thu May 9 -- The key to success in becoming more than a one man(or woman) agency is to invest in a staff person. We started a scratch agency in 1999 and... Pathwayinsurance Insurance directories?? Posted: Thu May 9 -- That's true, relevancy is the name of the game in modern SEO strategy. 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