Thursday, August 15, 2013

Daily Headlines: Thursday, August 15, 2013

Sponsored by: CNA Insurance. You Need Flexible. Your Clients Need Tailored. Expertise Is Paramount. Click To Learn More..
Insurance Journal Daily Headlines
August 15, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Insurers, Government Grapple with Costs of Growth in Wildland-Urban Interface

The summer of 2013 has been another severe fire season for the United States, a trend that has insurance companies bracing for a new ...

Evacuations Start at Some U.S. Gulf Offshore Operations on Storm Threat

Some Gulf of Mexico oil and gas operators began evacuating workers from offshore facilities on Thursday as a low-pressure system threatened ...

BP Asks Judge to Deny Investors' Class-Action Spill Suit Bid

BP Plc asked a federal judge to deny U.S. investors the right to pursue a class action, or group, lawsuit claiming the company misled them ...

Best Affirms Liberty Mutual and Subs Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength ratings (FSR) of 'A' (Excellent) and issuer credit ratings (ICR) of "a" for the members ...

Report: More Reforms Needed for Flood, Wind Insurance Programs

A new report this week from the Union of Concerned Scientists, a watchdog group, warns that sea level rise and worsening storm surge are ...

Travelers, Virginia Tech Transportation Institute Discuss Top Trends in Trucking

The Travelers Companies Inc. and the Virginia Tech Transportation Institute (VTTI) recently co-hosted a symposium where research on some of ...

CFC Enhances Management Liability Policy

Specialist lines underwriting agency CFC Underwriting has upgraded its management liability policy, ExecSurance ML. ExecSurance ML is a ...

Meadowbrook Estimates Impairment at $115.4 Million After Downgrade

Meadowbrook Insurance Group Inc., the insurer whose rating was cut by A.M. Best Co. this month, took a provisional impairment of $115.4 ...

From MyNewMarkets.com Cyberbullying: Finding the Insurance Coverage Sweet Spot

Blogs, Facebook, Twitter, e-mail. Keeping in touch with friends and family has never been easier, and teens and tweens are often power users...
Carrier Management

Form F, ORSA Rules Open New Windows For Insurance Regulators

Executives of property/casualty insurers are getting comfortable with the idea that they have to file Enterprise Risk...
Agency Planning for 2014 - from Academy of Insurance
East

Upstate New York Man Gets Prison for Staged Crash

A federal judge has sentenced a 55-year-old Utica, N.Y., man to nearly two years and prison and ordered him to help pay $1.4 million in ...

Family of Man Killed by Sandy Tree Sues NYC

Relatives of a man who was killed when a tree crashed on his house during Superstorm Sandy has filed a lawsuit against New York City. The ...

Flood of Legal Questions Now Roils Sandy Survivors

First they needed blankets and generators. But before long, many of Superstorm Sandy's bedraggled survivors also needed a lawyer. Thousands ...
Practical Workers Compensation: What You Need to Know - 5-course training series - from Academy of Insurance
Midwest

Insurers Sue for Losses from Indiana State Fair Stage Collapse

Two years after the deadly Indiana State Fair stage collapse, new legal disputes are cropping up and victims are still working to recover. ...

New Illinois Law Aims to Help Prevent Flooding by 'Going Green'

Gov. Pat Quinn has signed legislation to help Illinois communities prevent flooding by "going green." Quinn signed the bill in the Chicago ...

Incopero Joins The Plexus Groupe's Property/Casualty Practice

The Plexus Groupe LLC, based in Deer Park, Ill., has added Debbi Incopero to its property/casualty insurance practice. As an account ...
Southeast

Fire Deaths in Mississippi Decrease

Mississippi is on pace once again to have the lowest number of fire deaths on record. State Chief Deputy Fire Marshal Ricky Davis told The ...

Judge Throws Out Race-Based Claims in Paula Deen Lawsuit

A federal judge this week threw out race discrimination claims by a former Savannah restaurant manager whose lawsuit against Paula Deen has ...
South Central

Study Points to Post-Katrina Strengths, Challenges in New Orleans

Recovery after Hurricane Katrina has been a major reason for a doubling of construction jobs around New Orleans, a new study shows. That's ...

Arkansas State Police Roll Out New Low-Profile Cruisers

The Arkansas State Police on Aug. 14 deployed 24 new low-profile vehicles that are designed to blend in with ordinary traffic and allow ...

Flood Official: Oil Companies 'Trashed the Hotel Room'

A Louisiana flood control official is likening the oil and gas industry in coastal Louisiana to rock stars who bring a lot of money to the ...
Sponsored by: Texas Mutual Insurance Company. Texas Mutual bends over backwards, not just for their insureds, but for their agents. Click here for more information.
West

Flooded Colorado Businesses Struggle Without Insurance

More than 20 businesses hit by flooding in Manitou Springs, Colo. are struggling because of a lack of insurance. City officials say some of ...

Seattle Crash Victims' Family Files $45M Claim in DUI

A $45 million claim has been filed by a family that saw two loved ones killed and two others severely injured in a Seattle traffic crash ...

Bullock Seeks Federal Assistance For Hail Damage in Montana

Montana Gov. Steve Bullock has requested a national disaster designation for agriculture damage from a hail storm in Gallatin County this ...

Gun Ranges In Washington County Protected From Lawsuits

You can't move near a shooting range in Pierce County, Wash. and then start complaining about the noise. The county council approved an ...

Bill Enabling Electronic Policy Renewal for Californians Gets Committee Nod

The California Assembly Judiciary Committee gave thumbs up to a bill that would enable insureds to renew their policies electronically. The ...

Surplus Lines' McKay Named to IICF Western Board of Directors

Surplus Line Association of California Executive Director Benjamin J. McKay was named to the Insurance Industry Charitable Foundation's ...
International

Global Economic Outlook Dims as U.S. Recovery Continues: ICC-Ifo Survey

According to a World Economic Survey (WES) carried out by the Paris-based International Chamber of Commerce (ICC) and the Munich-based ...

Aon Unveils Enhancements to Bermuda Shorts Form for Excess Liability

Aon Risk Solutions, the global risk management business of Aon plc, announced enhancements to Bermuda Shorts, which it described as "an ...

Iran Detains Tanker Carrying Iraqi Crude Oil to India

An Indian ship carrying Iraqi crude has been detained by Iran in its territorial waters due to pollution concerns, the head of the refiner ...

Zurich Insurance Profit Drops After Natural Disaster Losses

Zurich Insurance Group AG, the biggest Swiss insurer, said the target for its general insurance business was "challenging" after natural ...

Anderson to Step Down as Head of Iron-Starr Excess Agency

Bermuda-based Ironshore Inc. announced that Stuart Anderson, CEO of Iron-Starr Excess Agency Ltd., is "relocating for personal reasons and ...

Applied Systems Acquires Insurecom in U.K.

University Park, Ill.-based insurance software provider Applied Systems Inc. has acquired Insurecom, a software and connectivity solutions ...

Join the Insurance Journal Network

Twitter Facebook LinkedIn


Insurance Journal TV

Video thumbnail

Opportunity in ACA Reprieve

Shawn P. Pynes, a principal with Barney & Barney LLC in San Diego, sees the temporary reprieve...
Video thumbnail

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,...

TV icon Watch more videos at InsuranceJournal.tv

New Discussions in the Forums

CPCU - Advice
Posted: Tue Aug 13 -- Those programs to complete both your CPCU and a bachelor's are exactly what a lot of us in this field need. To this point: Joel, your story... BWilliams2
Need comp in ca code 5474 painting
Posted: Mon Aug 12 -- "100000 in payroll. 'insured was with Ullico and they went insolvent so insured has had a lapse since 6/30/ 2013.... ABMCalifornia
Hotels in Ca
Posted: Sun Aug 11 -- "I need coverage for a hotel BOP in Crestline Ca 92325. Farmers getting off risk due to location. Thanks... ABMCalifornia
Met Life Retirement Insurance
Posted: Sun Aug 11 -- Thanks for taking the time to voice your experience. I've heard plenty of horror stories from clients myself. ABMCalifornia
Why I believe in insurance agents
Posted: Sat Aug 10 -- "Is a cartoon gecko or a comedian in a white dress and bright red lipstick really the best our industry can do... ABMCalifornia
Canadian Auto ID Cards
Posted: Wed Aug 7 -- Our lead insurance company supplies them to us. gforaker
comp in ca for unarmed security firm
Posted: Tue Aug 6 -- I can't speak for CA but I have written alot of this business. Allrisks has a program through Everest and they have written startups for me.... Halpert
Student Habitional Indiana Markets needed
Posted: Thu Aug 1 -- I have an admitted market that will write them up to $30 mil per location and package it with the GL. Give me a call to discuss. Aaron R.... aasquith

Reader Comments

Progressive Finds 40% of Drivers Say 'No Way' to Driver Tracking Product
Posted: Fri Aug 9 -- The CEO's comments show that he has already had too much of his own Kool Aid (the comment about intellectually not understanding why there... youngin'
Downgraded Meadowbrook Signs Deal with State National for 'A'- Rated Policies
Posted: Thu Aug 8 -- I'm very sorry your wife and the staff have been treated this way by the president of Century. The first thing they should do is level with... Jack D
Politics Driving Obamacare Premium Debate
Posted: Thu Aug 8 -- Like how they want to control women's bodies? Like the way they want to continue wasting billions of our tax dollars on controlling what a... Don't Call Me Shirley
Report: Obesity Moniker to Impact California Workers' Comp
Posted: Fri Aug 9 -- I guess if you work in a bakery, obesity could be considered work-related! Gastric by-pass here we come! Libby
Will Obamacare Really Hurt Workers?
Posted: Fri Aug 9 -- I think Obamacare has some issues and they need to be addressed. But no, I am not in favor of repealing it and would not characterize it as... Libby

Current Issue

August 5, 2013
Current Issue
Top 100 Retail Agencies; Homeowners & Condos; Autos

More Newsletters

Choose Newsletters
Enter Your E-mail

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.
Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2013 by Wells Media Group, Inc.

No comments:

Post a Comment