Daily Headlines: Wednesday, June 5, 2013

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June 5, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National AIG Receives Delayed Deposit on ILFC Sale Insurer American International Group Inc. has received a delayed deposit payment from the Chinese consortium buying its ILFC airplane ... Commercial Insurance Rates Were Up 5% Again in May: MarketScout The average composite rate for commercial property/casualty insurance in the U.S. was up five percent for May 2013. This marks the third ... Motorcycle Injuries Rise After Helmet Laws Weakened: Study The average medical claim from a motorcycle crash rose by more than one-fifth last year in Michigan after the state stopped requiring all ... AIG CEO Comments on ILFC Sale, 'Systemically Important' Classification American International Group Inc. Chief Executive Officer Robert Benmosche raised doubt about whether the company will complete a sale of ... Insurance Industry Responds to Healthcare, Financial Services M&A Exposures Insurers in the transactional risk and healthcare segments are paying close attention to a marked increase in financial services and... How to Manage Workaholics Workaholics tend to live in extremes, with great job satisfaction and creativity on the one hand and high levels of... More National News East N.Y. Assembly Approves A Flurry of Post-Sandy Insurance Reform Bills The New York State Assembly approved on Tuesday a comprehensive post-Sandy insurance reform package comprised of 14 pieces of legislation. ... R.I. GOP Chair: Default on 38 Studios Bonds, Insurers Will Pay Bondholders Rhode Island's Republican Party chairman has joined the call for the state to default on the money it owes for its failed investment in ... Actor Jim Carrey's Biz Has WC Coverage, NYS Workers' Comp Board Says Actor Jim Carrey was reportedly accused of failing to buy workers' compensation insurance for his New York-based art studio business -- but ... AIG, General Motors to Be Added to S&P 100 S&P Dow Jones Indices says it will soon add two well-known U.S. companies to the S&P 100. Automaker General Motors Co. will replace H. J. ... Protesters Urge R.I. to Default on 38 Studios Debt Protesters unhappy with Rhode Island's failed investment in former Red Sox pitcher Curt Schilling's video game company urged state leaders ... More East News Midwest Small Towns in Missouri Prepare as Flood Moves South Volunteers were busy stacking sandbags in the tiny Missouri town of Dutchtown on June 3 as the rain-swollen Mississippi River threatened to ... Wisconsin Bus Driver Who Chased Passenger Gets Workers' Comp A Wisconsin appeals court says a Milwaukee bus driver who chased down a passenger who used a racial slur and spat on him is entitled to ... Nebraska Sued Over Immigrant Driver's License Policy A federal lawsuit has been filed against Nebraska over the state's denial of driver's licenses for young immigrants who have gotten work ... Some Carriers Opt Out of Minnesota Insurance Marketplace With just four months to go before Minnesota's health insurance exchange goes live, it remains to be seen how many new choices consumers ... More Midwest News Southeast Helicopter Maker Fights Suit by Tennessee Soldiers' Families Over Deadly Crash A federal judge will rule in coming weeks whether the families of two Tennessee National Guard members can sue the makers of a helicopter ... Jackson State Fraternity Hazing Claims Go to Mediation Court records indicate that a lawsuit over alleged hazing at a Jacksonville State University fraternity will be handled outside of court. ... Alabama Hurricane Planners Confront Residents' Fading Memories Memories have faded since Hurricane Ivan slammed Alabama in 2004, the last time the state suffered a direct hit from a hurricane. Most of ... More Southeast News South Central Tornado-Related Insurance Claims Climb in Oklahoma The total number of tornado-related insurance claims filed by Oklahomans has climbed to 32,433 since May 19, state insurance regulators ... Storm Chasing Critical, Profitable and Dangerous While most people take shelter when a tornado approaches, a growing throng heads for the prairies, be they scientists hoping to protect the ... Louisiana Citizens Tweaks Claims Handling in Advance of Hurricane Season Louisiana Citizens Property Insurance Corp. announced it has made significant enhancements to increase efficiency of claims filing, ... More South Central News West Silicon Valley At Front Line Of Global Cyber War Chinese President Xi Jinping and American counterpart Barack Obama will talk cyber-security this week in California, but experts say the ... Audit: California Utility Didn't Spend $50M For Safety An audit says Pacific Gas and Electric Co. did not use $50 million intended to improve its gas pipeline network in the decade leading up to ... OSHA Fines Idaho Company Over Natural Gas Explosion The Occupational Safety and Health Administration has fined a Lewiston, Idaho construction company for its role in a natural gas explosion ... Nevada Assembly Approves Medical Marijuana Dispensaries Nevada lawmakers want to give medical marijuana users a legal way to obtain the drug 13 years after voters legalized medicinal pot in the ... SullivanCurtisMonroe, CMTA to Launch Environmental Risk Management Program SullivanCurtisMonroe (SCM) has formed a partnership with the California Manufacturers & Technology Association (CMTA) to launch the ... Savage Leaving as Oregon Insurance Commissioner, Cali To Step In Oregon Insurance Commissioner Lou Savage is leaving the Insurance Division to work on legal reform in emerging democracies overseas after ... More West News International East Germany Prepares for Dam Bursts as Prague Begins Clean-Up As the people of Prague started to clean up after three days of flooding, residents in the eastern German cities of Dresden, Halle and ... China Poultry Plant Workers Didn't Question Locked Doors Workers at a poultry slaughterhouse in northeastern China where 119 people died in a fire this week saw nothing odd in the plant's doors ... More International News Sponsored Content Epic-Premier Adds Support for Microsoft SQL Server to ConceptOne Insurance Management Solution Lakeland, FL, 6/5/13 - Epic-Premier, a leading technology and consulting solution provider to the insurance marketplace, announces that ... More Sponsored Content Join the Insurance Journal Network Insurance Journal TV Agency Pay - Is It Time for a Change? Jason Cass, chair of the Independent Agents & Brokers of America's Young Agents Committee, and... 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 How to obtain release of liablity Posted: Wed Jun 5 -- My spouse has left me recently, what is procedure to release your liability when soon to be ex spouse creates an at fault accident. thanks... trotter Standard Non-Compete Posted: Tue Jun 4 -- Yes, you can get it from an attorney specializing in contract law. Any other non-compete agreement that is not State Specific, Industry... yoyowordup Workers Comp TX Oilfield Service Contractor Posted: Tue Jun 4 -- Thanks John B Clinton, I did place the coverage through Midwest Insurance Company. Will keep your referal for future. Thanks again. JohnnyLaw 24 Hour CA Restaurant Posted: Mon Jun 3 -- How would we make that work? Possible split commission? Send me you contact info and we can talk about the possibility. Thank you. mce23 QuickBooks Posted: Mon Jun 3 -- I've been thinking about using quick books for my agency. Can anyone comment on how well it works for managing payroll (1099 and W-2). shiftins Insurance Noodle vs. Superior Access vs. Agent Secure Posted: Wed May 29 -- Hi All, My name is Rachel and I am a marketing representative for PIIB. I saw our name mentioned a few times in this thread so I figured I'd... RachelMc55 1st Year as a Producer Stories Posted: Wed May 29 -- Rainmaker, thank you for the advice. I am 9 months in so far and excited to hit year 2 soon. For me, the hardest part of being a new... californiadude 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 Go to Forums Reader Comments Paterno Family Sues NCAA Over Penn State's Sandusky Fine Posted: Fri May 31 -- "Paterno's name and reputation have been damaged by the allegations." There is no way Joe PA had no knowledge whatsoever of how Sandusky... PSU Grad Mixed Reaction in Georgia to Push to Lower DUI Limit Posted: Thu May 30 -- ""We are not prohibitionist. We are not interested in eliminating drinking," Martin said." Like heck they aren't. If I recall, even... ExciteBiker Mississippi Man Run Over by Lawnmower Sues Manufacturer Posted: Wed May 29 -- something is missing here...if he bought it two months before the accident switch must have been altered. I'm betting any manufacturer of... UW Mississippi Homeowners Renew Lawsuit Against Exxon Over Alligators Posted: Fri May 31 -- No comment. I ain't seen the paperwork as yet. As for 84+ of us on one piece of property, heck, 35 acres is a lot of wiggle room. Give us a... Al E. Gator Judge Allows Mississippi Liability Suit Over Underage Drinker to Proceed Posted: Thu May 30 -- There are valid reasons an underage person could have alcohol in their system. Many medications have enough to tip a breathalyzer,... 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