Daily Headlines: Wednesday, August 28, 2013

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August 28, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Judge Denies BP's Bid to Halt Gulf Oil Spill Payments Pending Investigation BP Plc lost a renewed bid to suspend payments from the court-supervised program administering its settlement of claims tied to the 2010 ... Regulators Alert Financial Firms to Disaster Risk The Securities and Exchange Commission has issued a risk alert on business continuity and disaster recovery planning for investment ... Wal-Mart Will Offer Health Insurance to U.S. Employees' Domestic Partners Wal-Mart Stores Inc. said on Tuesday it will offer health insurance benefits to domestic partners of its U.S. employees starting next year, ... Merrill Lynch Reaches $160 Million Settlement in Black Advisers' Bias Suit Bank of America Corp.'s Merrill Lynch unit agreed to pay $160 million to settle a discrimination lawsuit filed by black financial advisers, ... AAMGA Expands Membership to Include All Wholesale Professionals The American Association of Managing General Agents (AAMGA) has decided to expand its membership to include all wholesale insurance ... Homeland Security Chief Says U.S. Should Expect 'Major' Cyber-Attack in Future The U.S. will face a cyber-attack in the future that will cause major disruption in the economy, the outgoing Homeland Security Department ... Want to Make More Money in the Insurance Business? Specialize. Insurance producers who specialize in an industry or insurance product line make more money than those who don't. Likewise, agencies that... Commercial Insurance Rate Hikes Continuing; WC Profit Ahead in '14: Moody's Moody's expects property/casualty commercial insurance rate hikes to continue for the balance of the year, making 2013... More National News East Conn. Supreme Court Reverses Trial Court Ruling, Says Acordia Didn't Breach CUIPA The Connecticut Supreme Court issued a ruling in favor of Acordia insurance brokerage Monday. The Connecticut Supreme Court, the state's ... Bellotti to Receive Award From Insurance Library Association of Boston The Insurance Library Association of Boston announced that Francis X. Bellotti, vice chairman of the board of the Arbella Insurance Group ... Aon Risk Solutions Names Middle-Market Practice Leader in Philadelphia Aon Risk Solutions, the global risk management business of Aon plc, announced the addition of Jack Reick as a middle-market practice leader ... More East News Midwest SW Indiana Jury Sides With Couple in Malpractice Suit A southwestern Indiana jury has sided with an Evansville couple who accused a local hospital and a doctor of causing their 9-year-old ... Illiniois Requiring Insurance for Student Athletes The Illinois High School Association has approved a policy to make sure its members are complying with a new law requiring them to get ... Michigan Suspends Licenses of 3 Agencies, 4 Agents The Michigan Department of Insurance and Financial Services (DIFS) has suspended the licenses of three LA Insurance Agencies for violations ... More Midwest News Southeast North Carolina Couple Charged with Insurance Fraud Over Camper Rental North Carolina Insurance Commissioner Wayne Goodwin recently announced the arrests of Johnny Ball, 49, and Joni Ball, 49, of  Pink Hill on ... Gardner Joins Willis North America in Florida as Senior VP Willis North America has named Walter Gardner as senior vice president and practice leader, Human Capital, for Willis of Florida Inc. ... Kelley-Hunt Named PCI Public Affairs Director for Southeast Brooke Kelley-Hunt is the new director of Public Affairs for the Southeast for the Property Casualty Insurers Association of America (PCI). ... More Southeast News South Central Louisiana Community 'a Ghost Town' a Year After Isaac Isaac barely had hurricane-strength winds when it blew ashore southwest of New Orleans a year ago, but its effects are still apparent in ... Oklahoma Governor Appoints First Workers' Comp Commissioner Oklahoma Gov. Mary Fallin has selected a longtime Oklahoma businessman as her first appointee to the new Oklahoma Workers' Compensation ... Texas Fire Marshal: Inspections Refused Since West Blast Five facilities in Texas with large quantities of the same fertilizer chemical that fueled the deadly plant explosion in West have turned ... More South Central News West Workplace Deaths Decreased in Montana The state says workplace deaths in Montana decreased last year. The Montana Department of Labor and Industry's Research and Analysis Bureau ... Leavitt Group Names Clarke in Southern California The Leavitt Group's Woodland Hills office named Robert Clarke vice president in commercial insurance. Clarke specializes in hospitals, ... Yosemite May Be Harbinger of California's Wildfire Potential The week-and-a-half-old wildfire in Yosemite is seen by some as a harbinger of what could be a "worst case scenario" when California enters ... More West News International Crop Insurer Says 25% of Saskatchewan Acres Too Wet to Plant Saskatchewan, Canada's largest wheat and canola producer, had 25 percent fewer acres that were too wet to plant this year, the province's ... People Just Aren't Afraid of Climate Change Yet: Sunstein With respect to the science of climate change, many experts regard the Intergovernmental Panel on Climate Change as the world's ... AIG Names Coory Vice President for Corporate Marketing for Asia Pacific American International Group Inc. has appointed Damian Coory to the newly created role of vice president for Corporate Marketing and ... More International News 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 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 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 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 Drivers Over Age 55 Far More Likely to Die in Job Accidents Than Younger Posted: Thu Aug 22 -- Dave, I don't quite believe this story completely. As a veteran P&C agent who has insured businesses for many years, we have seen far more... Agent U.S. Asks Court to Block Bernanke Testimony in Greenberg's AIG Lawsuit Posted: Wed Aug 21 -- What makes a government official so precious that they cannot stand on trial? Aren't they servants of the American People? And if he cannot... Baxtor More Justice Department Cases Over Financial Crisis On the Way: AG Holder Posted: Wed Aug 21 -- A few days ago this was posted, "Bernanke cannot be forced to sit for a deposition because high-ranking U.S. government officials are... 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