Daily Headlines: Wednesday, May 15, 2013

Contact us | Subscribe | Send to a Friend

May 15, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National On a Leash: Dog Bite Insurance Claim Trends Dog bites accounted for more than one-third of all homeowners insurance liability claim dollars paid out in 2012, costing more than $489 ... The Goal: Zero Alcohol-Related Driving Deaths Transportation safety officials are exploring ways to eliminate drunken driving deaths, which account for about a third of the nation's ... Sen. Warren Wants Details on 'Too Big for Trial' Bank Settlements An outspoken freshman U.S. senator with a record of taking on Wall Street wants financial regulators and federal prosecutors to provide an ... Shores Named President of Berkley's Monitor Liability Managers Joseph G. Shores, president of Berkley Select, will undertake the additional responsibility as president of Monitor Liability Managers, ... Travelers Launches OnDemand Risk Control Service for Commercial Clients The Travelers Insurance Cos. has launched an interactive, on demand service for property and casualty insureds looking to manage and ... Bill to Expand Crop Insurance Passes Senate Committee The Senate Agriculture Committee approved a farm bill on Tuesday, costing $500 billion over a decade, that would expand the scope of the ... Bipartisan Senators Ask SEC for Action on Credit Rating Agency Pay A bipartisan pair of U.S. senators urged federal securities regulators to move quickly on fundamental changes to how credit-rating agencies ... The Trademark Problem: Casualty Insurance's Dirty Little Secret It has always been surprising to me that trademark issues receive so little attention in the insurance community. It's almost as if... 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 Delaware Workers' Comp Task Force Issues Report, Recommendations Delaware's state task force charged with examining Delaware's workers compensation insurance rates published a report and 18 ... Guy Carpenter Exec Moves to Sullivan Group in Connecticut The Sullivan Group has hired David Marceau as vice president of its reinsurance division, GJS Re. He will be located in the firm's Essex, ... Frontline Insurance Approved for Coastal Homeowners in Delaware Frontline Insurance, a provider of coastal homeowners coverage, is now licensed in Delaware. Frontline already operates in Florida and ... Hudson Insurance Group Now Writing Excess Business in New York Hudson Insurance Group, the U.S. Insurance Division of Odyssey Re Holdings Corp. has received approval from the Excess Line Association of ... Quaker Special Risk Announces New Construction Manager Program Quaker Special Risk of Eatontown, N.J. announced a new construction manager program with a combined Professional and General Liability ... More East News Midwest Missouri Passes Bill Limiting Lawsuits by Uninsured Drivers The Missouri Senate has given final approval to legislation limiting the money that multi-vehicle accident victims could win in lawsuits if ... Workers' Comp Refund Plan Would Return $113M to Ohio Schools, Cities Local governments and schools in Ohio could see almost $113 million in rebates from the state insurance fund for injured workers under a ... Insurance Giant Buys Out Cincinnati Women's Home A major insurance company has bought out a nonprofit home for struggling women in Cincinnati in a deal announced Monday, ending a bitter ... Midwest AGs Go After Storm-Chasing Roofing Companies The attorneys general of Illinois, Kansas and Ohio are targeting storm-chasing roofing companies in their states with legal actions. ... More Midwest News Southeast Mississippi High School Suffered $7M in Tornado Damage Lamar County (Mississippi) School District officials said a Feb. 10 tornado caused $7 million in damage to Oak Grove High and its baseball ... Alabama University Launches Cyber Threat Detection Company In a private-public partnership, the University of Alabama at Birmingham (UAB) has launched Malcovery, an intelligence company specializing ... More Southeast News South Central Former Texas Agent Convicted in Insurance Fraud Scam A former Texas insurance agent has been convicted of a first-degree felony for diverting more than $150,000 in premium payments for ... Willie Nelson Gives More Than $120K for Texas Explosion Relief Country star Willie Nelson has donated more than $120,000 for relief efforts following a deadly fertilizer plant explosion near his Central ... Wildfires Break Out Near Possum Kingdom Lake in Texas Wildfires have led to evacuation of about 30 residences in a North Texas community where 2011 blazes destroyed dozens of homes amid the ... ProspX Names Former AIG Executive Gold as CEO Austin, Texas-based ProspX Inc. named Steve Gold as president and chief executive officer, bringing to the company more than 27 years of ... More South Central News West Woodruff-Sawyer Chair Transitions From Morton To Loar San Francisco, Calif.-based Woodruff-Sawyer & Co. announced today that Stan Loar will become the chairman of the board and Doug Morton will ... Skantharaja Named President of Tangram in Northern California Managing General Agency Tangram Insurance Services has named Rekha Skantharaja president. Skantharaja will be working to expand the ... Utah Bans Teen Drivers From Using Cellphones Before she pulls out of the driveway, Stefhany Robles switches her phone on silent or turns it off. The 16-year-old junior at Salt Lake ... State Senate OKs California Ski Safety Legislation The state Senate passed a bill that would require California ski resorts to prepare an annual safety plan and post those reports on their ... Livermore Lab Jury Awards $2.7 Million For Wrongful Termination A jury has awarded more than $2.7 million to five former Lawrence Livermore National Laboratory workers in an ongoing wrongful-termination ... Montana Disaster Services Chief Of Staff Resigns Paul Grimstad, the chief of staff for the embattled Montana Disaster and Emergency Services, submitted his resignation Monday, an agency ... More West News International Terrorism & Political Violence Risk Map: Aon Risk Solutions The continued threat of a terrorist attack or political violence worldwide persists and is not going away anytime soon. Despite 19 ... North American Retailers Devising Own Bangladesh Workplace Safety Plans North American retailers on Tuesday discussed forging their own Bangladesh safety agreement--an alternative to a legally binding accord ... UK'S MGAA Begins Search for First Managing Director The UK's Managing General Agents' Association (MGAA) has formally begun its search for its first full time managing director. The ... More International News Sponsored Content Registration Open for the 2013 Virtual Insurance Tradeshow Fairfield, CA, 05/15/13 - Now in its third year, the 2013 Virtual Insurance Marketplace, brought to the insurance industry by Direct ... More Sponsored Content Insurance Journal Blogs Burand's Agency E&O Blog: Tip #32 AOR/BOR Procedures. If the current agent is so good, why is the insured moving their policy? AOR/BOR selling strategies have increased in ... 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 I.A. start up- cluster, alliance (siaa type) or go it alone? Posted: Wed May 15 -- Thank you guys, as I mentioned before this are my baby steps. I am still working on my Business Plan thats the reason why i need help... manny79 Look for Carrier for GL for 4 (1) day horse shows Posted: Tue May 14 -- Need event liabiltiy for (4) one day horse shows. Exlcude horses and riders while mounted. Approx (30) participants and less than 25... Lcan250 WC account Losses 189 X-mod hard class codes Posted: Tue May 14 -- Though I would post a little update...................lost the account in January. Competing broker assured the client his combo HR... dgarzoli Hotels in Ca Posted: Tue May 14 -- FYI- Sequoia was bought out by AMTrust and I am not sure what they are doing or not doing anymore. AND if you find a GA or broker for State... dgarzoli What is your biggest pain as an agent? Posted: Mon May 13 -- How would you like to be a Farmers agent and be tied to IE 9? Now along comes Windows automatic update and you come in the next... OldIndyAgent Work Comp - Vapor Shops - All States Posted: Mon May 13 -- Who can write workers comp for Vapor Shops. There is an exposure to handling nicotine. Please advise. Thanks, Sarkis... InsureTime 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 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 R.I. Bill Considers Allowing Driver's Licenses for Illegal Immigrants Posted: Thu May 9 -- An individual that enters this country illegally should not be granted any right or privilege other than to be sent back home, preferably at... Huh! Driving-Stoned Debate Appears Settled In Colorado Posted: Thu May 9 -- Duuuude, where's my car? reality bites Greenhouse Gas Milestone; CO2 Levels Set Record Posted: Mon May 13 -- Beginning with the assertion that the Hawaii reading is 400 (it isn't--I looked it up because Al Gore said it was factual--he's never... Charlie Pennsylvania Family Gets $15.6M in DUI Lawsuit Posted: Fri May 10 -- Youngin' - this was not a "misfortune." This kid had a .219 BAL one hour after the crash. He drank 6 liters of beer and several shots in 4... Libby 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 New Business Underwriter - Travel P&C Commercial Underwriter Commercial Transportation Underwriter Trainee, P&C Underwriter 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.