Daily Headlines: Thursday, May 9, 2013

Contact us | Subscribe | Send to a Friend

May 9, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National TRIA Debate Heats Up with Charge 'Nervous Nelly' P/C Insurers Enjoy $7B 'Subsidy' A consumer advocacy group says the property/casualty insurance industry has been getting a sweet deal worth about $7 billion as a result of ... FTC: Online Background Check Firms May Be Violating Fair Credit Law Federal regulators this week warned several companies that the quick, easy background checks they are providing online might violate the ... NAS Insurance Launches Live Event Insurance Division NAS Insurance Services has introduced a new brand for its its Entertainment & Sports division called Alive Risk, to meet the growing demand ... Trinity Underwriting Managers Launches New Inland Marine Program Georgia-based program administrator Trinity Underwriting Managers, Inc. (TUMI) has expanded its commercial auto underwriting capabilities. ... Identifying and Mitigating Agent E&O Exposures in the High-Net Worth Segment As the Internet continues to take hold over the independent insurance agent's market share, the value-added services a broker can provide ... Judge: U.S. Can Sue Bank of America Over Toxic Mortgages Under FIRREA A federal judge ruled on Wednesday that the United States can pursue parts of a civil lawsuit against Bank of America Corp. over its sale ... 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... S&P's New Insurance Criteria Released; Method Would Have Spotted AIG's Past Problems Incorporating lessons learned from historical periods for industry stress, including the near-failure of American... More National News East Connecticut Bill Extending Repair Steering Ban Advances Connecticut lawmakers are advancing a proposal to expand a ban on auto damage appraisers steering customers to specific repair shops to ... R.I. Bill Considers Allowing Driver's Licenses for Illegal Immigrants Rhode Island lawmakers reviewed legislation Tuesday that would allow immigrants to obtain driver's licenses regardless of their legal ... Pennsylvania Family Gets $15.6M in DUI Lawsuit The family of a 7-year-old girl who was killed by a drunk driver after he left a Pittsburgh restaurant has reached a $15.6 million ... Virginia Website Tracks Farm Accident Reports The Virginia Farm Bureau has launched a website for reporting farm accidents. The site, FarmAccidentReport.com, allows anyone to report ... More East News Midwest Missouri Bill Could Require Data Breach Notification by State Agencies State agencies could be required to notify Missourians if personal data such as concealed gun permits and credit card numbers are accessed ... Lockton Promotes 4 in St. Louis Insurance borker, Lockton, has promoted four executives in St. Louis to expanded roles in the risk management practice. Vince Gaffigan has ... Flooding Damage Tops $2.5M in Tipton, Indiana The mayor of the central Indiana city of Tipton says recent flooding has caused more than $2.5 million in property damage and a loss of as ... More Midwest News Southeast Hurricane Center Working to Improve Storm Surge Forecasts After Wet 2012 Last year's hurricane season drove home some big lessons, according to the nation's chief hurricane forecaster: Storm surge and flooding ... Tennessee Governor Signs Workers' Compensation Bill Tennessee's workers' compensation system is going to undergo its most significant changes in decades including the creation of a new ... More Southeast News South Central Oklahoma Traffic Deaths Down in March from a Year Ago The Oklahoma Department of Public Safety says fewer motorists died on the states roads and highways in March than a year earlier. Public ... Texas House OKs School Sports Concussion Insurance Pilot Program The Texas House has approved a public school pilot program allowing parents to purchase supplemental concussion insurance for boys who play ... Texas Mutual Plans$175M Policyholder Dividend Distribution The policyholder owners of Texas Mutual Insurance Co. will share a $175 million dividend distribution this year, the company's board of ... More South Central News West Lawsuit: New Mexico Intel Worker Subjected to 'Kick Me' Prank Intel workers secretly taped a "Kick Me" sign to the back of a co-worker as a prank, then kicked the confused man a number of times as ... CEA Taps First Chief Information Officer The California Earthquake Authority named Todd Coombes as the CEA's first chief information officer. Following a recommendation from ... San Francisco Drops Fight For Cellphone Radiation Warning Law San Francisco appears to be giving up its battle for an ordinance that would require retailers to warn customers about cellphone radiation ... Driving-Stoned Debate Appears Settled In Colorado Colorado's long debates on marijuana regulation and driving high came to an end Tuesday, when the Senate voted on three pot measures ... Fired Idaho Head Football Coach Files Lawsuit Fired University of Idaho football coach Robb Akey has filed a lawsuit against the school. The Idaho State Judiciary website lists the suit ... Argo Pro to Offer Professional Liability Products Through San Francisco Office Argo Pro, a member of Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance ... More West News International Sidelined G7 Finance Chiefs to Discuss Financial Reforms Some of the world's most powerful finance chiefs will meet in an English stately home on Friday and Saturday to try to speed up banking and ... London Is Venue of Choice for 'Legal Tourists' Wanting to Settle Disputes Foreigners brought almost two-thirds of all lawsuits heard in London's leading commercial court over the last five years, according to a ... More International News Join the Insurance Journal Network Insurance Journal TV Fireman's Fund Chief Looks to Future Lori Fouche 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 -- I make it a habit to collect insuring agreements from competitors, the 'Other insurance' clause is most certainly in the policies I... Pathwayinsurance 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. Pathwayinsurance Agency Management System Posted: Thu May 9 -- If not completely, most golden retrievers are being used as guide dogs and mobility assistance dogs this can sociability towards people,... Michaeljohn Insurance Noodle vs. Superior Access vs. Agent Secure Posted: Thu May 9 -- evaluating any of them, you need to ask - at a minimum - the following questions as part of your due-diligence process. I will refer to all... Michaeljohn 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 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 Buffett Says Berkshire to Be 'Significant Factor' in Commercial Insurance Posted: Mon May 6 -- I read elsewhere that this new BH operation was mainly E&S. This story either missed that key point, or the other report I read was... Capital Allocation Charlie Liberty Mutual Q1 Profit Falls 31% to $318M Amid Investment Losses Posted: Fri May 3 -- hold on... Liberty Mutual invested more than a billion dollars in the good faith and credit of Hugo Chavez? ExciteBiker 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 New Mexico Applebee's Sued Over Drunk Pedestrian's Death Posted: Thu May 2 -- I am so confused. How do you overserve a pedestrian? Do they have a walk-up windows with 20 oz Red Solo Cups? "...Applebee's corporate... reality bites Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue May 20, 2013 AAMGA Issue; Salute to Super Regionals; Premium Finance 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 Agency Representative - Sales Department VP Customer Care Team/Direct Marketing Commercial Property and Casualty Broker Farm/Ag Account Manager Have a job opening? List it on our Web site. How to Advertise For information about advertising on this newsletter and Insurance Journal magazines, contact Julie Tinney at (800) 897-9965 x148. View our Media Kit for advertising options in our magazines and online properties. Subscribe | Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2013 by Wells Media Group, Inc.