Daily Headlines: Monday, May 13, 2013

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May 13, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National How Banks Will Recover Funds in $45M Cyber Heist Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain ... Crop Insurance Expansion Pushes Cost Increase in Latest U.S. Farm Bills The federally subsidized crop insurance program, the costliest part of the U.S. farm safety net, would spin off at least three new types of ... Senators Finalizing Drug Compounding Regulation Bill U.S. senators appeared close to finalizing a bill that would require pharmacies that compound and sell sterile drugs across state lines to ... Greenhouse Gas Milestone; CO2 Levels Set Record Worldwide levels of the chief greenhouse gas that causes global warming have hit a milestone, reaching an amount never before encountered ... Drowsy Driving Remains Elusive National Highway Dilemma It probably happens to most drivers. Heading home after an overtime shift and the eyelids flutter. Up all night with a sick baby and you ... 10 Things to Know About the Trucking Industry 1. Intermodal is the transfer of products using multiple forms of transportation -- trucks, railroads or ocean carriers. In 2012, ... Bock Joins Kemper as CFO Elizabeth "Libbie" Bock will join Kemper Corp. as the chief financial officer for its Property & Casualty Group, effective May 20. In her ... MetLife Auto & Home Expands Identity Protection Coverage MetLife Auto & Home has enhanced its identity protection services to include assistance for digital threats, such as e-mail and social ... Zurich Programs, Aon Affinity to Cover Non-Profit Long-Term Care Organizations Zurich  North America Commercial's Programs & Direct Markets business has entered into an agreement with Aon Affinity, the consumer, ... Top 5 New Enhancements in Nonprofit Liability Coverage Some people hold the misconception that directors, trustees and officers of nonprofit organizations do not have a meaningful exposure to... Catastophe Modeler RMS Unveils New Platform Late last week, RMS unveiled RMS(one), describing it as an "environment" that will allow insurance companies to manage... More National News East Former New York Governors Tell AG: Drop Greenberg Suit In an opinion piece published in today's Wall Street Journal, two former New York governors are urging the New York Attorney General to ... Penn. Insurance Department Collected Over $1.3M in Penalties, Restitution in Q1 The Pennsylvania Insurance Department said regulators collected more than $1 million in penalties and fines, as well as more than $300,000 ... FM Global: 1,900 Clients to Receive 'Membership Credit' to Lower Premium Johnston, R.I.-based FM Global, one of the world's largest business property insurers, said its policyholders will collectively receive an ... More East News Midwest Officials Say Costs from North Dakota Flooding Adding Up Although spring flooding in North Dakota wasn't as bad advertised in some areas, officials who are totaling the damages say the costs are ... Three Insurance Companies Placed in Liquidation in Illinois Lumbermens Mutual Casualty, American Manufacturers Mutual Insurance, and American Motorists Insurance Companies have been placed in ... Nebraska Motorcycle Helmet Bill Will Get Another Ride An effort to repeal Nebraska's motorcycle-helmet law will get another ride in the Legislature, this time with a new crop of state ... More Midwest News Southeast Crime Victim Fund Eligibility Expands in Mississippi The family of a student killed or injured while boarding or exiting a school bus in Mississippi can now qualify to receive money from the ... State Farm Appeals Katrina Fraud Ruling in Mississippi State Farm Fire and Casualty Co. is asking a judge to void a jury's finding that the company defrauded the government involving a ... West Virginia Man Convicted of Burning Duplex for Insurance A federal jury in West Virginia has convicted a Logan County man of burning his duplex to collect insurance money. U.S. Attorney Booth ... Siewert Named Chief Operating Officer at Florida's Prepared Insurance Prepared Insurance Co., a Florida domestic insurer, recently named Stephanie E. Siewert as its chief operating officer. Siewert joined the ... More Southeast News South Central Lawyer: Texas Paramedic Denies Explosives Charge A Texas paramedic arrested on charges of possessing bomb-making material will plead not guilty and had no connection to a fertilizer plant ... Report: Oklahoma Should Expand Insurance Program A consulting firm hired by Oklahoma to help answer the question of how to insure 200,000 people without health coverage told the state's ... Bill Mutualizing CompSource Oklahoma Sent to Governor A bill converting the nonprofit CompSource Oklahoma into an independent mutual company was passed by the House and Senate and sent to the ... More South Central News West USDA: Southeast Wyoming Emerging From Drought The latest report from the U.S. Department of Agriculture shows southeast Wyoming may be emerging from 11 months of drought. The USDA's ... Montana Woman Charged With DUI After Drunken Horse Ride A Billings, Mont. woman has denied drunken driving for an arrest that happened shortly after police escorted her home when they found her ... Utah to Be First to Use Dual-Model Health Exchange The federal government has approved Utah to become the first state to have a dual-model health insurance exchange in which the state and ... Leavitt Taps Hungrecker in Central California Leavitt Central Coast Insurance Services named Mike Hungrecker as a financial advisor in central California. Hungrecker has more than 20 ... More West News International DIMA's CEO Examines Ireland's Links to Re/Insurance and Europe The European Insurance Forum, held in Dublin on the 9th and 10th of May, presented an opportunity to examine Ireland's progress in ... Willis North America Appoints Japan Global Practice Group Co-Leaders Willis North America has named Brian Murphy and Hiromoto Ushiki as North American Practice co-leaders of the Japan Global Practice Group. ... More International News Sponsored Content Broker's Insurance Group Announces 2013 Biggie Award Winners Rancho Cucamonga, CA, 05/13/13 - The Brokers Insurance Group announced this year's winners of the 2013 Biggie Awards. With over 13,000 ... More Sponsored Content 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 What is your biggest pain as an agent? Posted: Sat May 11 -- Great question, I would have to say IT issues with different carrier sites. Some carriers are IE 10 compatible and others IE 9 etc. I can... ABMCalifornia Agency Management System Posted: Sat May 11 -- I'm not sure about the other insurance client management systems but I personally love Hawksoft. I'm new to the current agency I work for,... ABMCalifornia Online Competition Posted: Sat May 11 -- I make it a habit to collect insuring agreements from competitors, the 'Other insurance' clause is most... Robert742 Moving and Storage Company Posted: Fri May 10 -- Looking for a moving and storage program for all lines - GL, Auto, WC and etc. Total premium estimated @ $170,000+. Client has locations in... Larsim 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 Insurance directories?? Posted: Thu May 9 -- That's true, relevancy is the name of the game in modern SEO strategy. Pathwayinsurance SIAA vs. Cluster? Posted: Wed May 8 -- I am glad I found this thread, I need some assistance in deciding how to move forward with my agency. I am an independent, been in business... uwalka03 Hotels in Ca Posted: Wed May 8 -- If it's a limited-service franchised hotel or motel, we can assist you with the umbrella... Sangamon Go to Forums Reader Comments Republicans Renew Push for Repeal of Obamacare Posted: Fri May 10 -- Let me guess, you are a fanatical Republican disguised as a national hero. Libby N.J. Law Requires Insurers to Provide 1-Page Summary of Homeowners Coverage Posted: Tue May 7 -- Great intent. Poor execution. There is a reasons that policies are not one page. For years people have been told, warned, heard it reported,... jtownagent Texas House Approves Guns on Campus, School Marshals Bills Posted: Tue May 7 -- All of you that fear guns so and don't believe people can be wise enough to apply their use in a civilized manner only display your... Perplexed Fundamental Changes Spur Health Spending Dip: Study Posted: Tue May 7 -- "It's not an overstatement to say that if we solve the healthcare spending problem we solve the federal deficit, said health economist... Dave Medical Malpractice Payouts Not Driving Up Health Costs: Study Posted: Wed May 8 -- Something else they don't appear to mention is defense costs. I believe the total costs to defend these malpractice claims far exceed the... 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