Daily Headlines: Tuesday, May 28, 2013

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May 28, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National P/C Insurers' Results Much Better in 2012 Than 2011: A.M. Best Underwriting and operating results for the U.S. property/casualty (P/C) industry improved substantially in 2012 compared with 2011. Net ... Four Major Universities Facing Sexual Assault Claims by Students Students from four universities said they filed federal complaints alleging that their schools failed to address campus sexual assault and ... Does Public Understand What Storm Forecasters Are Talking About? During a hurricane, storm surge is one of the greatest threats to life and land, yet many people don't understand the dire warnings from ... ACE USA Updates Marine Cargo Policy ACE USA, the U.S.-based retail operations of the ACE Group, has released an updated marine open cargo policy that consolidates multiple ... Timeline: Events that Shaped Directors & Officers Marketplace Below is a timeline of significant events that have shaped the directors and officers insurance market. This timeline was compiled through... Senior Management Exits Concern Boards Seventy-three percent of board members of public and private companies across various industries said that the... More National News East New York Officials Urge Preparation for Hurricane Season State officials are urging New York residents to prepare for hurricane season. The season starts June 1 and lasts through November. The ... Driver's Insurance Could Cover Virginia Parade Injuries Damascus, Va., Mayor Jack McCrady says he expects the insurer of a man whose car hit dozens of hikers during a parade to cover the victims' ... Chubb Subsidiary Approved as N.J. Domestic Surplus Lines Insurer The Chubb Group of Insurance Companies said on May 23 it received approval from the New Jersey Department of Banking & Insurance to convert ... New Jersey Homeowners Hit by Sandy Can Apply for Grants New Jersey is now accepting applications from homeowners seeking grants to rebuild homes damaged by Superstorm Sandy.The grants are part of ... N.Y. Compensation Insurance Rating Board Seeks 16.9% Hike in WC Loss Costs The New York Compensation Insurance Rating Board (NYCIRB) said it submitted to the state's Department of Financial Services last week a ... Crystal & Co. Exec Moves to Hub International in New York Chicago-based broker Hub International's Northeast division hired Scott Konrad as senior vice president and not-for-profit business ... More East News Midwest Insurance Lawyer Killed in Ohio Building Fall Authorities say a central Ohio insurance lawyer was killed when he fell through the roof of a storm-damaged building he was inspecting. The ... Storm Caused $2M in Damage to Wichita Schools School district officials in Wichita, Kan., say a violent storm that swept through the city last weekend caused extensive damage to several ... U.S. Highway Buckles in Missouri After Rail Cars Hit Overpass Cleanup of a collapsed southeast Missouri highway overpass was underway on May 26, more than 24 hours after a cargo train crash led to a ... Wisconsin 3rd in U.S. in Alcohol-Related Boating Deaths Wisconsin had the nation's third-highest number of alcohol-related boating deaths last year, the same year a legislative bill to stiffen ... More Midwest News Southeast Judge Allows Mississippi Liability Suit Over Underage Drinker to Proceed A federal judge won't dismiss a lawsuit that argues the city of West Point, Mississippi and a local nightclub are liable for injuries to an ... Florida's Citizens Policy Deal with Heritage Insurance Faces Questions A backlash is quickly growing against the decision of Florida's largest property insurer to shift thousands of policies to a start-up ... Florida Gov. Scott Asked to Return Money to Insurer A leading Florida Democrat is calling on Gov. Rick Scott to return $110,000 in campaign contributions from an insurer. Dan Gelber, a former ... More Southeast News South Central Report: Texas Insurance Commissioner Stepping Down Texas Insurance Commissioner Eleanor Kitzman says she's steeping down as head of the state's insurance regulatory agency. The Austin ... Officials Clarify Numbers on Oklahoma Tornado Damage Authorities have clarified and significantly downgraded the number of homes damaged or destroyed in the May 20 tornado in an Oklahoma City ... Insured Texas Tornadoes Damage Could Reach $250M An industry group says insured damage from recent deadly tornadoes in North Texas could reach $250 million. Mark Hanna with the Insurance ... Oklahoma Commissioner: Insurance Policies to Remain in Place Oklahoma Insurance Commissioner John D. Doak placed a moratorium on all insurance non-renewals, cancellations and terminations for affected ... CPro Associates Has a New Home Texas-based insurance wholesaler CPro Associates announced that it has moved its offices. The new location is: 5501 LBJ Suite #240 Dallas ... More South Central News West Temporary Fix Set For Crumpled I-5 Bridge In Washington Washington state plans to install within weeks a temporary fix for an interstate highway bridge that crumpled after being hit by a truck, ... CIA-Leavit Taps Rodriguez in Colorado CIA-Leavitt Insurance Agency has hired Gabe Rodriguez in Denver, Colo. Rodriguez specializes in commercial insurance for contractors, ... Hawaii Woman Sues Salvation Army, Claims Sex Abuse A woman is suing the Salvation Army, claiming the organization moved a minister from Oahu to Maui after she reported he sexually abused her ... Montana Workers File Lawsuits Against Medical Provider Six lawsuits have been filed against Partnership Health Center in Missoula, Mont. by workers contending they were forced to work off the ... New Mexico To Keep Administering High-Risk Insurance A panel of New Mexico regulators has voted to continue coverage for more than 1,500 people who are part of a federal high-risk health ... More West News International Iran Offers Insurance to India; Refiners Snub Plan Iran has offered insurance to Indian refiners in a bid to boost its crude oïl sales, industry sources said, though some oil executives ... ANV Launches Transaction Risk Insurance (TRI) ANV Holdings BV, a Dutch-headquartered specialty insurance business, announced the launch of a new line of business, Transaction Risk ... EDHEC-Risk Institute and CACEIS Launch Risk Research Chair CACEIS, the European asset servicing banking group, and EDHEC-Risk Institute jointly announced the creation of a new research chair at ... XL Promotes Sinz to Regional Manager Cont. Europe - Distribution/Network The XL Group announced that it has promoted Kadidja Sinz to the role of Regional Manager Continental Europe in the Insurance segment's ... Fearon Joins Miller for Prof. Indemnity, Tech and Cyber Risks Nick Fearon has joined UK-based Miller Insurance Services as a senior producer and broker to develop a book of business that includes ... More International News Sponsored Content Research Shows Impact of Customer Engagement Join us for a free webcast to find out the results. More Sponsored Content Insurance Journal Blogs Getting Started with Insurance Video Marketing This post is part of a series on insurance marketing and training sponsored by Astonish. Whenever we talk to insurance agencies about video ... More Blogs 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 Insurance agencies for sale ? Posted: Mon May 27 -- Yikes - call Marsh Berry or Dowling Hales. Rainmaker Non compete lawsuit Posted: Mon May 27 -- I've moved three books as a producer from a small agency, to a regional, to a global. I've also run practice groups and was a Regional CEO... Rainmaker CPCU - Advice Posted: Mon May 27 -- Perfect...bears repeating: "In the interest of full disclosure, I work for the Institutes (American Institute for... Rainmaker What marketing efforts are generating business? Posted: Mon May 27 -- If you line up a hundred people and ask this question - you will most certainly obtain a hundred different answers! It's a great question... Rainmaker non compete clause Posted: Mon May 27 -- All very good advice. I would simply add that the strength of non-competes will vary by state and the circuit court governing those states.... Rainmaker 1st Year as a Producer Stories Posted: Mon May 27 -- 1) the best thing you can be is a dedicated student of the profession, and, later the industry; 2) designations become more important to... Rainmaker Start up cost for a new agent Posted: Mon May 27 -- It's obvious you are getting very good comments and recommendations on this string. And it appears you are on your way to forming up your... Rainmaker Workers Comp TX Oilfield Service Contractor Posted: Fri May 24 -- Guys, can anyone help. Need a market for a new customer (have all other lines) for WC. This company is a startup and the President has years... JohnnyLaw insurance for machine shops? Posted: Thu May 23 -- GA The Hartford (Select) has a great BOP for small-medium machine shops. BOPCITY Go to Forums Reader Comments Republicans Renew Push for Repeal of Obamacare Posted: Wed May 22 -- Libby, I take pleasure in arguing with you on your rant post. If you were a student of history, you might have read that Saddam used... Agent Insurers, Banks Leveraging Trade Talks to Change Dodd-Frank Posted: Thu May 23 -- The TPP and other so-called trade agreements are bald-faced attempts to circumvent and short-circuit Congress and thereby the people.... ExciteBiker Safety Board: ATF Blocking Texas Plant Blast Probe Posted: Thu May 23 -- Maybe the ATF & Fire Marshall can start investigating why the CSB was aware of any of these issues BEFORE the explosion. This happened on... InsGuy Colorado Stoned-Driving Bill Attracts Lawsuit Posted: Wed May 22 -- Due to his name alone, I highly doubt he is a Rastafarian. Like so many folks today, he probably just worships the Almighty Bong. dbroker Senate Votes to Cut Crop Insurance Subsidies to Wealthiest Farmers Posted: Fri May 24 -- "The move would save $1.3 billion over a decade by reducing the premium subsidy for growers with more than $750,000 of adjusted gross... DS Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue May 20, 2013 Workers' Comp Report with Directory; Restaurants & Bars; Recreation & Leisure 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 Business Development Underwriter Senior Insurance Tax Analyst Agency Sales Associate - Medical Malpractice Professional Commercial Insurance Broker/Agent Have a job opening? List it on our Web site. 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