Daily Headlines: Friday, August 30, 2013

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August 30, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Premium Increases Under Obamacare Are Exaggerated, Rand Says Predictions of sharp increases in health-insurance premiums for people getting coverage under the U.S. Affordable Care Act have been ... NFL Agrees to Settle Players' Concussion Suits for $765 Million The National Football League agreed to pay $765 million to settle thousands of lawsuits over players concussions in a deal that provides ... Risk Management Services Launches Group E&O Plan for Life, Health Agents Risk Management Services (RMS) has established a group errors & omissions insurance plan for life and health insurance agents in ... G20 Urges U.S. to Centralize Insurance Regulation The United States could improve how it spots and prevents risks in the financial system from turning into destabilizing crises, a global ... Court Reverses OK for BP to Access Transocean Insurance to Pay Oil Spill Costs A U.S. appeals court withdrew its decision finding BP Plc had access to $750 million in Transocean Ltd.'s insurance to pay costs of the ... How Agents, Brokers Can Help Themselves, Clients with Healthcare Reform The Affordable Care Act (ACA) has accelerated change and confusion in the health insurance marketplace and businesses and individuals are... CEOs Behaving Badly; Performance Graded 'F' By Think Tank With a silhouetted image of a cigar-smoking bigwig reading a failing report card on its cover, a Washington think tank... More National News East Insurers Paid $1.2M for Boston Bombing-Related P/C Claims So Far; Health Claims to Top $22M The Massachusetts Division of Insurance says that so far, 207 Boston Marathon bombing-related property/casualty claims have been reported ... New Road Signs in New Jersey to Warn Drivers Not to Text A recently enacted law in New Jersey will mandate new road signs on state roadways that will inform motorists that texting while driving is ... CEO Says Connecticut Health Exchange in 'Good Shape' The CEO of Connecticut's health insurance exchange says the organization is on track to begin accepting applications when open enrollment ... Top New York Court to Decide Whether Towns Can Ban Fracking New York's highest court agreed to decide whether towns and cities have the power to pass anti-fracking laws. The Court of Appeals in ... More East News Midwest Gillespie Joins Integro's Chicago Office International insurance brokerage and risk management firm Integro Insurance Brokers has hired Jeremy Gillespie, who joins the firm's ... Insurance Fraud Charges Dropped in North Dakota Cow Starvation Case Prosecutors in North Dakota have dropped insurance fraud charges against a McIntosh County man who pleaded guilty to animal abuse charges, ... Major Insurance Exchange Company Expanding in Illinois A major Illinois health insurance exchange has announced plans to double its workforce to serve those shopping for health insurance under ... More Midwest News Southeast Mississippi Remembers Katrina Tragedy, Recovery Residents of coastal Mississippi are holding events in remembrance of Hurricane Katrina, the massive storm that struck on Aug. 29, 2005. ... Mississippi Auto Body Shops Ask Court to Halt State Farm's Parts-Finder System More than two dozen body shops are asking a Mississippi court to block an insurance company's program that would change the way they find ... Florida Insurers, Hospitals Findings Ways to Cut Costs As health care costs rise in Florida, insurers and hospitals vested in the success of the Affordable Care Act, are coming up with new ways ... Kentucky Tailgaters Being Watched by Alcohol Enforcers Workers in one state office plan to go to as many tailgating events this fall as possible as college football season gets started, but they ... More Southeast News South Central Oklahoma Legislators Push Statewide Vote on School Storm Shelters A group of Democratic legislators is launching a signature drive for a public vote on a $500 million bond issue to pay for storm shelters ... 8 Years After Katrina, New Orleans on the Rebound Eight years after Hurricane Katrina, the Ferris wheel at the former Six Flags amusement park in New Orleans sits idle. "Closed for Storm" ... No Insurer Assessments for TWIA, for Now Despite pleas from officials and policyholders in Texas Gulf Coast communities, the board of the state's insurer of last resort for wind ... More South Central News West AssuredPartners Inc. Acquires GBP Risk Solutions in Arizona AssuredPartners Inc. has completed the acquisition of Golseth & Gregson Insurance Services (dba GBP Risk Solutions), an independent ... NFP P&C Taps Chester as Vice President in Arizona Terri Chester joined NFP Property and Casualty (NFP P&C) as commercial lines vice president. Chester will be based out of Scottsdale, Ariz. ... New Mexico City Refuses To Pay For Damage From 'Bait' Car Albuquerque refuses to pay for damage to a New Mexico home struck by a city-owned bait car driven by teens, directing the homeowner to turn ... Hollywood Groups Sue To Stop Huge Development, Earthquake Concerns A coalition of residents who live in famed Hollywood neighborhoods filed a lawsuit this week to stop a $654 million skyscraper project from ... More West News International Wal-Mart Says It Could Loan $50M to Bangladesh Factories for Workplace Safety Wal-Mart Stores Inc. told investors on Thursday that it could provide up to $50 million in low-interest loans or other types of payments to ... Vienna Insurance Hurt by Spring Flooding Losses Vienna Insurance Group AG, Austria's biggest insurer, reported second-quarter profit plunged after the worst central European floods in a ... Zurich Insurance CFO Named Ackermann in Suicide Note The finance chief of Zurich Insurance, Pierre Wauthier, named chairman Josef Ackermann in his suicide note, the company confirmed on Friday ... Lawsuit Against Sotheby's Claims $218 Painting Is Actually a $16M Caravaggio A painting bought by a British naval doctor for 140 pounds ($218) in 1962 may now be worth as much as 10 million pounds if his descendant ... More International News Insurance Journal Blogs IICF Grantee Eden Autism Uses 1-to-1 Teaching & Therapy to Change Lives By Elizabeth Myatt Eden Autism Services' modern school and clinic sits in the midst of retail, research, office buildings and farmland in ... More Blogs Join the Insurance Journal Network Insurance Journal TV Opportunity in ACA Reprieve Shawn P. Pynes, a principal with Barney & Barney LLC in San Diego, sees the temporary reprieve... Watch Now From 3D Printing to Driverless Cars: Emerging Risks on the Horizon New technology is happening all the time, and with that comes new risks, says Graeme Newman,... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Piano Movers Ohio Posted: Fri Aug 30 -- I just noticed the heading.. DOPE!... ABMCalifornia Med Pay on a Horse Trailer? Posted: Thu Aug 29 -- Large gooseneck horse trailers can have rather nice living quarters (bed, kitchen, bathroom). I would assume that if your, your family or a... Lcan250 1st Year as a Producer Stories Posted: Thu Aug 29 -- Haha love the experience. It amazes me what some insurance agents go through... ABMCalifornia Parachute Rigger Insurance Posted: Wed Aug 28 -- Can anyone do a GL with 1MM/2MM/2MM? Revenue is 50K. Sarkis Kaladzhyan 818-906-7900 InsureTime SEO and buying back links Posted: Tue Aug 27 -- I wouldn't recommend for anyone to buy links. The best way to optimize is naturally. What would the normal website... ABMCalifornia Need assistance for job advice please Posted: Thu Aug 22 -- Hello everyone. I'll be brief and to the point. I have been trying to obtain employment as a claims adjuster after... ABMCalifornia Insurance agencies for sale ? Posted: Wed Aug 21 -- I'm currently looking to buy an insurance agency, I don't mind dealing with sales... CoJones Feedback - Good, Bad, Ugly on the following Aggregators/GAs Posted: Tue Aug 20 -- I looked extensively into many of these a few years ago. They all have their place and are right for the right agent. My advice is to look... ILguyonown What is your biggest pain as an agent? Posted: Mon Aug 19 -- Think about getting a stand up desk. Just google "stand up desk". There are many options. jtownagent Go to Forums Reader Comments Will Young Adults Sign Onto Obamacare? Posted: Fri Aug 23 -- I'm curious to know what healthcare insurance "cost estimates" were used in this study...? In other words, exactly how much constituted "too... David Orban Jury Finds GEICO Must Cover Driver in Fatal Vermont Crash Posted: Fri Aug 23 -- Got 15 minutues? Must have saved 15%. BIG D Cyber Alert: Syria, Aided by Iran, Could Retaliate Against More U.S. Companies Posted: Thu Aug 29 -- A former NSA director using the phrase "sounds like an Iranian proxy" should be taken with a few million grains of salt. The Washington... ExciteBiker Cities, States with Best Drivers: Allstate Posted: Tue Aug 27 -- Perhaps the great drivers of Washington DC are spending too much time texting on their free Obama phones to pay attention to driving. Agent Minnesota Man Loses License for Slow Driving Posted: Fri Aug 23 -- Driving slow is "Obstructing the Flow of Traffic" (that's what I got a ticket for when I was doing 45 in a 65). It is actually more... 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