Daily Headlines: Tuesday, May 21, 2013

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May 21, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National White House Urges Senate to Cut Crop Insurance by $1 Billion The U.S. Senate should cut crop insurance subsidies, the most expensive part of the farm safety net, by $1 billion a year before it passes ... Wage and Hour Claims Among Top Threats to U.S. Employers Federal wage and hour lawsuits have reached a surprise record high, according to a report by law firm Seyfarth Shaw LLP. Cases filed under ... GOP Questions Fundraising for Obamacare With the White House already reeling from three major controversies, some Republican lawmakers are zeroing in on what they perceive is ... Brokerage Firm Fined $9M for Email Violations, Misstatements LPL Financial LLC must pay a total of $9 million for significant email system failures and making misstatements to Wall Street's watchdog, ... XL Group Launches New Motor Cargo Truck Coverage XL Group has added to its inland marine business with customizable coverage for mid-to-large size trucking operations in North America. ... AAMGA Looks to Expand Membership to Entire Wholesale Marketplace After a two year process in which the board of directors of the American Association of Managing General Agents (AAMGA) has examined the... Study Finds Link Between High Upfront Compensation & CEO Success How much CEOs are compensated is often a subject of angst in the media and among the public. When a company's board of... More National News East Maine Legislature Votes Down Vacant Property Insurance Bill The Maine Legislature last week voted down a bill that sought to place stricter requirements on home insurers' use of exclusions for losses ... Mom, Daughter Charged With Arson, Insurance Fraud in Connecticut A mother and daughter have been charged with setting a fire that heavily damaged the older woman's home in Stratford, Conn. Police tell the ... Vermont Mutual Insurance Promotes Chicoine to VP of Human Resources Vermont Mutual Insurance Group, based in Montpelier, Vt., announced that Susan Chicoine has been promoted to vice president of human ... Connecticut Court Rules That Lawyers Can't Be Sued for Fraud The state Supreme Court has ruled in an ex-NFL player's case that Connecticut lawyers can't be sued for fraud for their conduct in court ... PURE Introduces Auto Insurance Option to Massachusetts Drivers Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property/casualty insurer that exclusively caters to high net ... More East News Midwest Storms Generate Iowa Tornado Damage, No Injuries A storm system carrying high wind, hail and Iowa's first tornadoes in nearly a year moved through the state Sunday, damaging some homes and ... Insurer Group Mostly Happy with Missouri Legislative Session The Missouri General Assembly made big strides this year towards modernizing how policyholders can access information associated with their ... Tighter Indiana Drunken Driving Law Seems Unlikely Some key Indiana legislators don't expect the state to adopt a federal safety board's recommendation that the threshold for drunken driving ... The Main Street America Group Expands Commercial Products into Wisconsin The Main Street America Group has introduced its commercial product line, featuring its Main Line Business Owners Policy (Main Line BOP), ... More Midwest News Southeast Tennessee City Debates Red Light Cameras A group in Murfreesboro has started a petition to end the use of red-light cameras, but police say the traffic enforcement measure has ... Alabama Corrects Vehicle Title Snafu The Alabama Revenue Department said it has corrected about 15,000 Alabama car titles that were erroneously sent to vehicle owners instead ... More Southeast News South Central 'Major Disaster' Declared in Wake of Deadly Oklahoma Tornadoes An estimated EF4 tornado with a wind range of up to 200 mph roared through the Oklahoma City suburb of Moore, Okla., on May 20, leaving ... Lafourche Parish Plans $6M in Flood Projects Louisiana's Lafourche Parish is preparing to begin more than $6 million in flood protection projects for the Raceland and Des Allemands ... Texas Joins Flood of States Suing BP over 2010 Gulf Spill Texas has joined the crowd of Gulf of Mexico states to file suit against BP Plc, Halliburton Co and others for their role in one of the ... More South Central News West Proposed California Measure Requires Doctor Drug Tests A proposed state ballot measure in California would require doctors to be randomly subjected to drug and alcohol testing. The San Francisco ... Vallette Joins Barney & Barney in San Francisco Barney & Barney LLC has hired insurance executive Sarah Vallette  for its office in San Francisco. Vallette will work with a team of ... Utah Workers Comp Fund Distributes $8 Million Dividend The board of directors for Utah's Workers Compensation Fund declared a dividend to be distributed to a majority of policyholders in May. ... Bill Ensures Paid Family Leave For California Workers California businesses would be prohibited from firing or retaliating against employees who take advantage of the state's paid family leave ... Follmer to Head Health Care Practice for Woodruff Sawyer in California Woodruff-Sawyer & Co. named Chad Follmer health care practice Leader. Follmer has focused his 20-year career on insurance and risk ... D.C. Lobbyist Gannon to Head Federal Affairs for Farmers Insurance Washington, D.C. lobbyist Matt Gannon was named head of federal affairs at Farmers Insurance. Gannon replaces Mike Moran, who left Los ... More West News International Court Seeks to Bar Factory Owner from Leaving Bangladesh The High Court in Bangladesh's capital has asked authorities to prevent the owner of a garment factory where 112 people died in a fire last ... More International News Join the Insurance Journal Network Insurance Journal TV Changes in Underwriting Medical Professional Liability The United States is undergoing a massive transition -- and that's healthcare reform, says... Watch Now 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 Watch more videos at InsuranceJournal.tv New Discussions in the Forums Hotels in Ca Posted: Tue May 21 -- You should look at Consolidated Agency Partners (CAP), obviously it all depends on the specifics of the risk, but they help their members... CRB I.A. start up- cluster, alliance (siaa type) or go it alone? Posted: Tue May 21 -- My MA helped me get my E&O. They got the quotes for me and helped with the application process. I go through them for my rater, EZLynz, and... sacman Foremost Commission Cuts Posted: Tue May 21 -- It appears that Foremost is wanting to shed some policies. I would be rolling my book upon renewal if I had any Foremost policies in... lonestar Look for Carrier for GL for 4 (1) day horse shows Posted: Sat May 18 -- We have a couple markets who will write. ... INTLXS Direct Mail VS Paid Leads Posted: Sat May 18 -- Jack I just left you a msg. about your affiliate system, sounds interesting Pat from California JZanders Start up cost for a new agent Posted: Fri May 17 -- Manny, you've been here before, and I offered up some advice in an earlier question posting from you. Now, I'm going to sound cruel and rude... d's insurance store Online Competition Posted: Fri May 17 -- I'm sorry, Jack, I didn't see your other replies. Yes, the coverage for Water Back Up can differ a lot from company to company. There are... Robert742 Real Housewives of Miami "star" suing insurance agent Posted: Fri May 17 -- Wouldn't BI just kick in since he was the passenger; therefore considered a 3rd party? Perhaps the driver's limits were too low. I believe... EricCBIAIns 1st Year as a Producer Stories Posted: Fri May 17 -- I have obtained several designations and highly recommend them to new agents. There is nothing wrong with experience alone, but I feel that... independent guy Go to Forums Reader Comments The Goal: Zero Alcohol-Related Driving Deaths Posted: Wed May 15 -- A laudable but impossible goal. And like so many other things government does wrong they are getting this totally wrong. The problem does... Dave Sen. Warren Wants Details on 'Too Big for Trial' Bank Settlements Posted: Wed May 15 -- Too big to fail; too big for trial? Nah. It is about time someone is taking a deep look into this. After all the high stakes swindles that... Center Point Republicans Renew Push for Repeal of Obamacare Posted: Wed May 15 -- JW - Obamaphone program started before Obama for sure, but as with every handout program, he bastardized and enlarged it. He now wants their... stupid Michigan Pair Charged with Embezzling $2.6M from Work Comp Firm Posted: Tue May 14 -- Shameful conduct from a person who was in a position of trust. Hope the thoughts of Disneyland days sustain him while in prison. No way... Center Point Missouri Passes Bill Limiting Lawsuits by Uninsured Drivers Posted: Wed May 15 -- slap this news in big easy to understand language on policy documents so people think twice about cancelling after getting proof of... tw Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Free Webcast: Insurance Customer Engagement. 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