Daily Headlines: Wednesday, May 1, 2013

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May 1, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Applied Systems Acquires IVANS P/C Business Insurance software vendor Applied Systems said it has completed its acquisition of the property/casualty business of IVANS, which provides ... Top States for Metal Theft Claims Metal theft claims have risen 36 percent in the three years since January, 2010, according to an insurance research organization. The ... Administration Shortens Health Care Application The first draft was as mind-numbing and complex as tax forms. Now the Obama administration is unveiling a simplified application for health ... Contaminated Ground Turkey Found in 21 States: Consumer Reports Dangerous antibiotic-resistant bacteria has been found in ground turkey on U.S. grocery shelves across a variety of brands and stores ... Researchers Develop New Metric to Measure Destructive Potential of Hurricanes Researchers at Florida State University have developed a new metric to measure seasonal Atlantic tropical cyclone activity that focuses on ... Markel Completes Alterra Acquisition Markel Corp. said it has completed its acquisition of Alterra Capital Holdings Limited. The closing follows receipt of regulatory approvals ... OSHA Eyes Workplace Safety for Temporary Workers The U.S. Department of Labor's Occupational Safety and Health Administration has launched an initiative to further protect temporary ... Demand, Rates for Terrorism Insurance Coverage Remain Steady: Marsh The recent bombing at the Boston Marathon serves as a reminder that mass violence remains a critical threat for organizations, say experts ... Insurers' Deadline for Health Exchange Plans Extended The deadline for health insurers to submit applications to sell insurance in the states in which the federal government is running the ... Hanover Insurance Group Q1 Profit Rose 33% to $66M The Hanover Insurance Group Inc. reported net income of $66.2 million for its 2013 first quarter, up 33.2 percent compared to $49.7 million ... 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... Validus' Noonan Slams Berkshire Sidecar, Says Cat Model Won't Jolt US Re Prices London market participants are competitive but disciplined, Validus Holdings' CEO said on Friday. But one pocket of... More National News East Key Figures on Superstorm Sandy, 6 Months Later Superstorm Sandy, a hybrid of a hurricane and two cold-weather systems, struck six months ago on Oct. 29, concentrating most of its fury on ... Confie Seguros Acquires Capital Insurance Agency in New Jersey Hispanic market-focused insurance agency network Confie Seguros announced the acquisition of Capital Insurance Agency of Trenton, N.J. ... Massachusetts AG Announces $200K Settlement With Safety Insurance Co. Auto insurer Safety Insurance Co. agreed to pay more than $200,000 to settle allegations that it overcharged hundreds of inexperienced ... Maryland Consumer Advisory Explains Basics of Umbrella Insurance The Maryland Insurance Administration on Tuesday issued a consumer advisory explaining the basics of umbrella insurance and how consumers ... More East News Midwest Exxon Confirms Oil Spill in Missouri Exxon Mobil confirmed on Wednesday that an oil spill occurred Tuesday on its Pegasus crude pipeline in Ripley County, Missouri, the same ... Weather Service Drops Fargo, North Dakota Flood Prediction Again A Red River flood that a week ago was predicted to challenge the record is now unlikely to reach the 100,000-plus sandbags and the miles of ... Indianapolis Officer Charged with 2nd DWI Crash A suspended Indianapolis police officer awaiting trial on charges he caused a fatal 2010 collision had a blood-alcohol level nearly three ... Tainted Illinois Well Water Case Ends in Guilty Verdict After a former suburban Chicago water official was convicted on April 29 for lying about secretly mixing carcinogen-tainted well water into ... More Midwest News Southeast Miners' Union Takes Unusual Legal Turn to Save Benefits in Bankruptcy As mineworkers and retirees battle to salvage their pensions and benefits from the bankruptcy of Patriot Coal Corp., lawyers for their ... South Carolina Drivers Get a Cost Break The cost of driving in South Carolina is down for the first time in four years. AAA Carolinas announced that it will cost the driver of an ... More Southeast News South Central Senate Panel to Investigate Texas Fertilizer Plant Explosion U.S. Senator Barbara Boxer said on Tuesday she plans to investigate the explosion at a Texas fertilizer plant earlier this month that ... Texas Chiropractic Clinic Owner Convicted of $3M Auto Insurance Fraud The owner of a now defunct chiropractic clinic in Bryan has pleaded guilty to engaging in a conspiracy to defraud various automobile ... Texas AG: Same-Sex Marriage Benefits Unconstitutional for Public Entities Local governments and school districts that offer marriage benefits to same-sex partners are violating the state constitution, Texas ... Louisiana's Ag Economy Hits Record $11.4B in 2012 The LSU AgCenter says high prices and record yields for corn and soybeans drove Louisiana's agricultural economy to a record high of $11.4 ... More South Central News West California Woman Accused of Poisoning Juice At Starbucks A northern California woman has been arrested on suspicion of spiking orange juice bottles with a deadly dose of rubbing alcohol and ... Study: Utah Health Breach Could Approach $406M A 2012 security breach that exposed the personal information of 780,000 Utah residents to hackers could cost as much as $406 million, a new ... California Ranger Files Lawsuit For $1M Dorner Reward A camp ranger whose truck was taken by Christopher Dorner filed a lawsuit Monday for the $1 million reward offered for information leading ... Mistake Made Handling Colorado Waldo Canyon Fire Report A dispatcher made a mistake when she failed to relay a 911 call about a wildfire hours before it roared out of control, but no one knows if ... Montana Governor Signs Law to Crack Down On Drunken Driving Montana Gov. Steve Bullock has signed into law a measure that will allow judges to look back 10 years to add penalties for multiple ... Wyoming Serves Casper With Notice Over Asbestos Montana officials have served the city of Casper and a contractor with notices alleging they failed to fully test for asbestos before ... More West News International Western Retailers to Compensate Victims of Bangladesh Building Disaster Two Western retailers have promised to compensate families of garment workers killed while making their clothes in a Bangladesh factory ... EU to Ban Neonicotinoid Pesticides Blamed for Harming Bees The European Union will ban three of the world's most widely-used pesticides for two years because of fears they are linked to a plunge in ... Willis Reports Q1 Organic Growth in Commissions and Fees Global broker Willis Group Holdings plc reported results for the three months ended March 31, 2013, noting the following financial ... Ebix Europe to Provide Tech Services for Ropner Insurance Services Ebix Europe, a subsidiary of Atlanta-based Ebix, Inc., which provides global insurance trading platforms and messaging products, has been ... 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 Long haul trucking- CA Posted: Wed May 1 -- Can anyone point me to some carriers that write short/long haul trucking for hire policies in CA? We only have Scottsdale available and... dgarzoli What is your biggest pain as an agent? Posted: Wed May 1 -- How about having to call customer service everyday to correct endorsements that weren't processed and errors with billing by carriers...... dcamp Agency Management System Posted: Tue Apr 30 -- Talk with John Fear at QQ Solutions. He is a sales guy for them and has been in the industry for over 20 years on both te agency and carrier... aem84 Non Standard Farm/Ranch account Posted: Wed Apr 24 -- What are the codes and the premium? I just quoted a restoration company with similar issues and a 2.37 x-mod with a PEO. What should have... Chad Filley Insurance Noodle vs. Superior Access vs. Agent Secure Posted: Mon Apr 22 -- mdagent, Superior Access and Consolidated are General Agents that submit your information to the respective companies for a quote. Then,... ziiqui Paperless Environment Posted: Tue Apr 16 -- I completely agree with Island Girl. We started going paperless 6 years ago. The first year was a royal pain with the initial scanning but... justthere Business Loss - Travel Insurance Posted: Tue Apr 16 -- This is true. However, most people do not realize that major credit card companies also provide insurance for lost or damaged goods while... chad37 Go to Forums Reader Comments Deal OK'd in Muslims' False Advertisement Suit Against McDonald's Posted: Wed Apr 24 -- Like the McDonald's "hot coffee" case (where McDonalds was knowingly and continually burning customers...and doing nothing to correct their... insurance is fun! U.S. Expected to Seek Limits on Car Touchscreens Posted: Thu Apr 25 -- I think cars should be updated with a version of Apple's Siri or similar software with voice recognition. That way, when I get road rage and... reality bites Oklahoma House Kills Texting and Driving Ban Again Posted: Thu Apr 25 -- What part of dangerous driving activity do these pinhead house members not understand? The cell addicts are pretty powerful in Texas as... Agent Most-Used Excuses for Getting Out of Traffic Tickets: Survey Posted: Mon Apr 29 -- I'm trying to save the world and Duke Nukem took away my ability to fly. Captain Planet 2 Judges Consider State Farm Rates in Texas Posted: Fri Apr 26 -- As I recall, State Farm had a lot of litigation some years ago when they failed to roll back rates after the mold crisis when the other... Agent Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue April 22, 2013 Top 50 Apps for Insurance Agents; Entertainment, Sports & Special Events; Directors & Officers Liability 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 Manager, E&O Dept Underwriting Analyst Consulting Chief Underwriting Officer - W.C. 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