Daily Headlines: Monday, June 24, 2013

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June 24, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Supreme Court Upholds Immunity for Army Corps; Rejects Katrina Victims' Claims The U.S. Supreme Court rejected an appeal from Hurricane Katrina victims seeking billions of dollars on claims that the Army Corps of ... Auto Insurance Customer Satisfaction Drops Due to Rising Rates: J.D. Power Due to rising insurance prices and some unhappiness with policy offerings, overall customer satisfaction with auto insurance companies is ... Supreme Court Rejects Pfizer Bid for Shield From Asbestos Suits The U.S. Supreme Court refused to shield Pfizer Inc. from some asbestos lawsuits connected to its Quigley Co. subsidiary, a bankrupt unit ... Allstate: Profit to Be Cut by $320 Million on Retiring Debt Allstate Corp., the largest publicly traded U.S. home and auto insurer, said second-quarter earnings will be cut by about $320 million on ... AIG Revives Plane Unit IPO After Continued Delay in China Sale American International Group Inc. revived plans for an initial public offering of its plane- leasing unit after the insurer extended a ... PCI Names Norton Executive Communications Director The Property Casualty Insurers Association of America (PCI) has named Steve Norton as its new director, executive communications. Prior to ... EPIC, Dowling Capital Form Protector Holdings to Capture Hispanic Market As the Hispanic and Latino populations continue to grow, so should the insurance company options available to them. That is the thinking of ... U.S. May Fall Back on Old Farm Law If No Agreement The U.S. Congress is headed for a second stop-gap extension of current farm law if Republican leaders in the House of Representatives ... Plaintiffs: BP Acted With Gross Negligence in 2010 Spill BP Plc and its contractors should be found grossly negligent for their actions in the April 2010 blowout of the Macondo well and the ... Survey: Nonprofits Unprepared, Under-Insured Against Risks Crystal & Co., a worldwide risk and insurance advisor, has released the results of its Nonprofit Risk Survey, presenting a snapshot of... Insurance Costs Climb With Ocean Temps; Greenhouse Gases Likely Cause: Report There's only one direction for insurance costs related to climate events to move in the years ahead--upward, according... More National News East Delaware Legislature Adopts Workers' Compensation Reform Bill Delaware lawmakers last week passed workers' comp reform legislation (HB 175) that seeks to curb rising workers' compensation costs. The ... $40M Program to Aid New Jersey Tenants Affected by Sandy New Jersey has launched a $40 million grant program to encourage landlords to rent vacant properties to low- and moderate-income tenants ... New Jersey Still Looking for Takers for $10K Sandy Grants Here's a problem you don't hear about that often with a state grant program: New Jersey is giving away $10,000 to 18,000 people, and there ... N.J.-Based Surety Partners of America Names COO Nicholas Solimo has joined Morristown, N.J.-based Surety Partners of America as chief operating officer. He previously served as senior ... More East News Midwest North Dakota's Workers' Comp Agency to Send Employers Refunds North Dakota's workers' compensation program will send employers nearly $160 million in payments as a distribution of surplus reserves. The ... No Punitive Damages for Workplace Sex Bias, Iowa Court Says Courts cannot award punitive damages to victims of workplace sexual harassment and gender discrimination under the Iowa Civil Rights Act, ... Indianapolis Facing Heavy Costs Over Pool Evacuation Dozens of people who were sickened by fumes after a chemical reaction at an Indianapolis public pool a year ago have filed claims against ... Page Named Board Chairman of Meadowbrook Insurance Group David K. Page, a partner in the corporate department at Honigman Miller Schwartz and Cohn LLP, has been named non-executive chairman of the ... More Midwest News Southeast Federal Judge Criticizes But Upholds Mississippi Damages Cap A federal judge has upheld Mississippi's cap of $500,000 on non-economic damages in medical malpractice cases. The ruling came in a ... Rate Hikes on Agenda for Florida's Citizens Insurance Florida's largest property insurer, already under fire for everything from recent business deals to how much it pays its executives, is ... Lawsuit Filed Against Charter Bus Company Over Kentucky Crash The parents of two students who were among those injured when a bus crashed on a Kentucky interstate as the group returned from a college ... Florida Court Allows Californian's Suit Against Miami Firms Tied to Mexican Resorts A divided Florida Supreme Court is letting a lawsuit go ahead against a company that runs a resort in Mexico. The court ruled last Thursday ... More Southeast News South Central Texas Town Sues Plant Owner Over Fertilizer Blast Officials of the small Texas town devastated by an April 17 fertilizer plant blast that killed 15 people has filed suit against the plant ... Smoke Detectors Free in Louisiana Town The Leonville Fire Department in Louisiana is overseeing distribution of free smoke detectors to local residents. Bobby Degueyter, chief of ... Arkansas Drops Request for Extra Insurance Exchange Workers The Arkansas Department of Human Services is dropping a request for 100 employees to help people enroll in the state's health insurance ... Moore's Cost for Debris Removal Much Higher than Oklahoma City's The city of Moore, Okla., is paying a local contractor three times what neighboring Oklahoma City is being charged by vendors from ... More South Central News West Alaska Workers' Comp Board Seeks Ways To Reduce Costs The Alaska Workers Compensation Board sought public input on rising costs in the last week. Board members held public meetings in ... Seismologists Monitor Carson City Quake Swarm Nevada seismologists and emergency managers say they're monitoring an earthquake swarm in Carson City that has the potential to result in a ... $6 Million Oregon Jury Award In Agriculture Equipment Injury A Multnomah County jury has awarded more than $6 million to a 21-year-old Oregon agricultural worker who was paralyzed from the waist down ... Special Olympics Idaho Sued Over Alleged Rape The mother and husband of a Special Olympics Idaho athlete are suing the organization, alleging it was negligent in failing to protect the ... Colorado Wildfire Doubles in Size Over Weekend Tourists and business owners forced to flee a popular summer retreat in the southwestern Colorado mountains resigned themselves to a long ... More West News International Calgary Flood Caused Power Outages May Last Months; Insurance Coverage Minimal Power outages in the Canadian oil capital of Calgary could last for weeks or even months, city authorities said on Sunday, as record ... Geneva Association Ocean Warming Report Reviews Implications for Re/Insurers "In some high-risk areas, ocean warming and climate change threaten the insurability of catastrophe risk," according to one of the ... Swiss Re to Trim Costs and Buy Credit to Lift Profitability Swiss Re Ltd., the world's second- biggest reinsurer, plans to reduce costs and repurchase debt as it seeks to boost profitability and ... UK's Miller Appoints Weaver as Head of Asia Miller Insurance Services LLP, the UK-based specialist insurance and reinsurance broker, has appointed Simon Weaver as Head of Asia as of ... More International News Insurance Journal Blogs Walking the Fine Line of Sponsored Content The world seems to continue to get increasingly cluttered with noise and visual stimulation as marketers vie for your attention. Take a ... More Blogs Join the Insurance Journal Network Insurance Journal TV Geneva Association's Secretary General John Fitzpatrick on Systemic Risks, Nat Cats, ILS and Cyber Risks The Geneva Association's studies and reports are now an important part of the dialogue between... Watch Now The Good and the Bad: Healthcare Reform and Medical Liability The Patient's Protection and Affordable Care Act (ACA) has very little to do with the medical... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Question regarding my universal life insurance policy ! Posted: Mon Jun 24 -- Save us some time and at least tell us the name of the company? NYagent301 How to obtain release of liablity Posted: Fri Jun 21 -- what type of liability you are talking about? auto, home insurance? Remove her from your policy since you divorced and let her to get her... pecosins brokers with access to trucking insurance? Posted: Thu Jun 20 -- I have markets that can write the gl and comp. Can write a 3yr. guaranteed policy on the work comp CYNTHIA CPRO Workers Comp (Ca) Auto Repair with large loss Posted: Thu Jun 20 -- Dear Paul, I have markets that would possibly quote your insured. The minimum premium with all our markets is 15,000. If you are interested... CYNTHIA CPRO Texas Commercial Auto Posted: Thu Jun 20 -- Looking for a home for hard to place commercial auto. Client is a Realtor and wants to purchase a boxvan and put their logo on the unit with... JohnnyLaw Ohio Looking for a market, 8 Trucks pulling RVs Posted: Wed Jun 19 -- You may wish to try Nationwide or Victoria Insurance; both write standard & non-standard commercial transportation. insurancepro2 Garagekeepers Coverage - Florida Account Posted: Mon Jun 17 -- Let's imagine one of the car owners hires a lawyer and takes the auto garage to court. A judge declares the garage responsible (legally... darnovak Course of Construction for non licensed contractor Posted: Mon Jun 17 -- You can easily find GL for an owner/builder with Markel/Essex. Understand we are only interested if he is building his own home. Meytai,... LadyBroker CPCU Question and advice Posted: Mon Jun 17 -- I cannot say if the CPCU will "move my career on", but it certainly will not hurt and can only help. Placing E&S is a difficult business and... gdsmack Go to Forums Reader Comments U.S. House Strikes Down Republican Farm Bill Posted: Fri Jun 21 -- Back to the darawing board. Farm subsidies need to be curtailed and the food stamp prgram needs to be reformed. Corporate farmers getting... Dave Philadelphia Building Inspector Kills Self After Deadly Collapse Posted: Mon Jun 17 -- How am I being disrespectful or non-compassionate by asking that question? I understand the man is dead and it is a terrible tragedy.... Libby White House Threatens Veto of Farm Bill Over Food Stamp Cuts Posted: Tue Jun 18 -- Tim, it's no use - your facts don't fit the narrative. Don't get in the way of the talking points with your accuracy. Besides, America was... Captain Planet Appeal Planned On Arizona Immigrant License Policy Posted: Fri Jun 21 -- Don't you love how they say they are immigrants. They are not. They are people that broke into our country. No different than someone... Baxtor IRS Scandals Threaten Funding for Health Care Law Posted: Thu Jun 20 -- You bet, Agent. And I don't know if it's her thing or not, but she can find some great deep dish pizza there, too. My favorite is Gino's... Captain Planet Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue June 17, 2013 Umbrellas - Personal & Commercial; Construction; Environmental; Bonus: The Texas Issue (Special Supplement); Bonus: The Florida Issue (Special Supplement); Quarterly Employee Benefits Brokerage Report 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 Personal Lines or Commercial Lines Account Manager Business Development Representative Underwriter - Commercial Lines Exclusive Allstate Insurance Agent Have a job opening? List it on our Web site. 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