Daily Headlines: Wednesday, May 22, 2013

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May 22, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Property Market Stayed Stable in Q1; Sandy Effect on Rates Muted: Marsh The property insurance market remained relatively stable and competitive in the first quarter of 2013, with few changes to limits purchased ... Employer Contraception Mandate Headed to Court for Ban Ruling The U.S. law requiring employers to provide health insurance coverage for birth control is set to come before an appeals court in cases ... U.S. Spending on Specialty Medications Will Rise 67%: Report Spending in the U.S. on specialty drugs used to treat serious diseases is projected to increase 67 percent by the end of 2015, according to ... Prosecutors Weigh Using Racketeering Law Against SAC U.S. prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of ... Shestack to Lead New AmWINS Voluntary Benefits Practice Wholesale insurance broker AmWINS Group Benefits has opened a voluntary benefits division to offer supplemental benefits to benefit ... PIAA Rebrands to Correspond with Current Role in MPL Field The Physician Insurers Association of America (PIAA) has made changes to its organizational brand to support the Association's role in the ... DriveID Can Block or Track Driver's Mobile Use Fleet managers and parents of teenager drivers were given another weapon in their battle against distracted driving on Tuesday. That's ... Directors & Officers Coverage Then & Now: The Events That Shaped This Segment Being informed and understanding the history of insurance coverages is critical to selling and writing them successfully say Nancy Hahn,... AIG Sues Convicted U. of Virginia Killer Huguely Over Insurance Probe George W. Huguely V, the ex-University of Virginia lacrosse player convicted of murdering his sometime girlfriend in May... More National News East N.Y. Assemblyman Takes Aim at Anti-Concurrent Causation Clauses A New York State Assemblyman has introduced a bill that seeks to prohibit the insurers' use of anti-concurrent causation (ACC) clauses in ... PIA: Agencies See Significant Underwriting Changes in Homeowners Market The Professional Insurance Agents' (PIA) recent survey of more than 400 independent agencies showed significant market changes in the ... Liberty Mutual Appoints Northeast Division VP for Commercial Insurance Liberty Mutual Insurance's Commercial Insurance business unit announced that Patrick Tully has been appointed vice president and managing ... Trident, McGowan Cos. to Offer Public Entity Coverage in Pennsylvania Trident Insurance Services, LLC, a member of Argo Group International Holdings, Ltd., has formed an exclusive business relationship with ... More East News Midwest Wisconsin Police Aggressive in Redacting Accident Reports Brenda O'Malley figured she'd get the police accident report and file an insurance claim after her teenage daughter got into a car accident ... Michigan Democrats Lay Out Auto Insurance Bills Detroit's Democratic state House Caucus is laying out an effort to change Michigan's auto insurance policies. The package of legislation ... Reinsurance Group of America to Hire Hundreds in St. Louis Area A St. Louis, Mo.-based insurance company has vowed to add at least 300 employees within five years. The Reinsurance Group of America ... Record Rain Leading to Flooding in North Dakota Heavy rains that have been falling since late last week have led to flooding in North Dakota that has forced some residents from their ... More Midwest News Southeast Costs Outpace Resources for Volunteer Firefighters in Mississippi Fire trucks and other firefighting equipment cost a lot of money, and prices are rising, so Warren County volunteer districts are looking ... Miami-Dade School Officers Settle Sex Abuse Claims Against Police Chief Two female police officers with the Miami-Dade County school system have settled lawsuits accusing the former police chief of sexually ... Georgia's Denham Agency Joins Keystone Group The Denham Agency, an Americus-based insurance agency, has become the 14th Keystone Insurers Group partner in Georgia. The Denham Agency ... Mills of Willis Joins AmWINS Workers' Compensation Unit, American Equity Andrea Mills has joined American Equity Underwriters (AEU) in Mobile, Alabama as senior vice president and director of Strategic Business ... More Southeast News South Central Oklahoma Schools Destroyed by Tornado Lacked 'Safe Rooms' In Moore, Oklahoma, an area residents call Tornado Alley because it's struck by more ferocious twisters than anywhere in the U.S., two ... Update: Oklahoma Tornado Was EF5 A new assessment by the National Weather Service indicates peak winds in the tornado that hit the Newcastle/Moore Okla., area on May 20 ... Oklahoma Tornado Damage Likely to Exceed Joplin - Commissioner The damage from Monday's tornado in a suburb of Oklahoma City is likely to exceed that caused by the 2011 twister in Joplin, Missouri, that ... Gene Eisenmann, Excess and Surplus Lines Industry Leader, Passes Gene Eisenmann, a leader in the excess and surplus lines industry in Texas and nationally, has passed away after a long battle with a host ... More South Central News West Edison, CPUC Reach $37M Settlement on Southern California Fire The California Public Utilities Commission has reached a proposed $37 million settlement with Southern California Edison over fallen power ... Colorado Stoned-Driving Bill Attracts Lawsuit A frequent marijuana user who says Colorado's pending pot DUI legislation violates the constitution is suing to block the bill. Brandon ... Nevada Senate Approves Driving Privilege Cards The Nevada Senate has overwhelming approved a bill authorizing driving privilege cards for non-U.S. residents. Monday's vote was 20-1. ... McDonald-Leavitt Names Heglin Benefits Specialist in California Santa Rosa, Calif.-based McDonald-Leavitt Insurance Agency named Steve Heglin as a benefits specialist. Prior to joining the agency he ... More West News International Aon Benfield's Impact Forecasting Launches Tools to Quantify Cat Models Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has launched a suite of tools, designed to ... Willis ILS Report: Q1 2013 Sees $1.6 Billion in New Cat Bond Issuance The first quarter of 2013 saw $1.6 billion of new issuance in non-life capacity marketed through five catastrophe bond transactions, ... Jacobson Completes Merger with UK's ejsSearch The Chicago-based Jacobson Group, which provides recruits to the insurance industry, and ejsSearch - the London-based insurance executive ... Best Requests Comments on Draft Criteria: Rating Reinsurance Pools A.M. Best Co. is requesting comments from market participants in the insurance industry and other interested parties on the draft criteria ... Daucourt Joins XL Group as COO Int'l. Property/ Casualty XL Group announced the appointment of Thierry Daucourt as Chief Operating Officer of its International P&C Insurance business. He will be ... S&P Affirms AXIS Capital and Subs Ratings; Outlook Stable Standard & Poor's Ratings Services has affirmed its 'A-' counterparty credit and senior debt ratings on AXIS Capital Holdings Ltd., as well ... Best Affirms Montpelier Re and Holding Co. Ratings; Outlook Stable A.M. Best Co. has affirmed the financial strength rating of 'A' (Excellent) and issuer credit rating (ICR) of "a" of Montpelier Reinsurance ... 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 Foremost Commission Cuts Posted: Wed May 22 -- They did the same thing here in Ohio, we simply no longer write business with them because It is not profitable to do so, Perhaps they are... Pathwayinsurance Terminated Farmers agent wins lawsuit vs. FIG Posted: Wed May 22 -- Nice to see a win for the good guys... Pathwayinsurance Real Housewives of Miami "star" suing insurance agent Posted: Wed May 22 -- Most policies contain a family member exclusion for BI. Pathwayinsurance Online Competition Posted: Wed May 22 -- Robert I'm sorry to say but you are 100% incorrect... Pathwayinsurance Premier Group Insurance vs Simmons Insurance Group Posted: Tue May 21 -- I'm looking at creating a IA and would like feed back on these two cluster groups? Any feedback would be helpful. cycleguy Look for Carrier for GL for 4 (1) day horse shows Posted: Tue May 21 -- We are a Rodeo Department and specialize in this type of event... kwhitaker2 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 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 Go to Forums Reader Comments GOP Questions Fundraising for Obamacare Posted: Tue May 21 -- SO - GOP, how did your last agenda to make Obama a one term president work out for you? Celtica 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 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 Greenhouse Gas Milestone; CO2 Levels Set Record Posted: Wed May 15 -- Wonder what caused the levels to be so high 2 million years ago? It certainly wasn't burning coal - maybe dinosaur f**ts? The article makes... wvagt 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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