Daily Headlines: Friday, September 27, 2013

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September 27, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Groups Say Regulators Allow Unsafe Mexican Trucks on U.S. Roads Regulators determined to let Mexican trucks on U.S. roads under a trade deal have downplayed safety shortcomings with companies in a ... Billions at Stake as BP Oil Spill Trial Enters Next Phase BP will battle to hold down fines that could hit $18 billion in a new phase of the Gulf of Mexico trial that will rule on how much oil it ... Insurance Institute Cites Top Cars for Crash Avoidance Cadillac, Mercedes-Benz, Volvo and Subaru earned the highest marks in a new front crash avoidance test program developed for the U.S. ... Neither Rain Nor Sleet But Dog Bites: Post Office Workers' Injury Claims The cost of workers' compensation for the United States Postal Service (USPS) for fiscal year 2012 was $3.7 billion, a 68 percent increase ... ACE Appoints McGrath, Franchi, Sharp to Lead Program Business ACE Commercial Risk Services, the small business division of the ACE Group, has appointed Tom McGrath as senior vice president, head of ... The Hartford Extends Term of AARP Home, Auto Insurance Program The Hartford has extended its agreement with AARP to offer home and auto insurance products to its members. With the three-year extension, ... Obamacare's Small Business Health Markets Delayed a Month Small businesses won't be able to enroll in new online health insurance marketplaces until Nov. 1 in most U.S. states, the latest delay for ... Agents Who Understand Customers' Businesses Boost Commercial Insurers: J.D. Power Small commercial lines insurance customers most value having an insurance agent or broker who completely understands their individual... Endurance Building Relevance Through Leadership Changes, CFO Says Armed with the overstuffed Rolodex of its new CEO, John Charman, Endurance Specialty Holdings is moving into new markets... More National News East Mass. Congressional Delegation Seeks Delay of Flood Insurance Rate Hikes Massachusetts' congressional delegation is urging fellow lawmakers in Washington to delay implementation of the Biggert-Waters National ... Philadelphia City Council Seeks Tighter Demolition Rules Philadelphia City Council members hope to make it tougher to get a demolition permit in the wake of a fatal building collapse. Private ... New York Unveils Plan for 'Texting Zones' for Distracted Motorists New York Gov. Andrew Cuomo this week continued the state's efforts to reduce distracted driving by unveiling special "Texting Zones" along ... Virginia Police, Nationwide Insurance Promote Move Over law The Virginia State Police is joining with Nationwide Insurance to help protect public safety personnel and all those who drive tow trucks ... More East News Midwest Workers' Comp Costs Could Rise for Missouri Businesses Missouri businesses could face significantly higher costs for workers' compensation insurance next year, due partly to a new law that seeks ... Indiana Sheriff Leery of Armed Teachers in Schools A county sheriff told Indiana legislators he doesn't believe school security would be improved by having teachers or principals carrying ... Kansas Attorney Sentenced on Insurance Fraud Charges A Sharon Springs, Kan., attorney and former insurance agent has been ordered to repay $47,685 and will serve 18 months' probation after ... More Midwest News Southeast West Virginia Senator Manchin Bucks Democrats, Backs Health Mandate Delay U.S. Senator Joe Manchin of West Virginia broke ranks with fellow Democrats and said he'd support a stopgap spending plan that delays the ... Florida Consumer Advocate Westcott Resigns for Job with Industry Florida's Consumer Advocate Robin Westcott has resigned to become the vice president of the American Association of Insurance Services, an ... Wholesaler Socius Names Dross as Vice President in Florida Socius Insurance Services Inc., a management liability and property/casualty insurance wholesaler, announced it has hired Matt Dross as ... Florida's Citizens, Heritage Defend Controversial Takeout Deal Florida's state-backed property insurer found itself on the defensive in Tallahassee this week as state lawmakers inquired into a deal ... More Southeast News South Central Louisiana State Treasurer Suggests State-Run Flood Insurance Plan Seeking a way to ease skyrocketing federal flood insurance rates, state Treasurer John Kennedy has suggested that Louisiana should consider ... Capson Physicians Insurance Adds Coppersmith to Management Team Austin, Texas-based Capson Physicians Insurance Co., a national medical malpractice insurer, announced that Frank Coppersmith has joined ... Report: Oklahomans Can Access 53 Health Care Plans Oklahomans will pay less than the national average for health insurance under an exchange scheduled to open next week as part of President ... Texas-Based Replacement Services Firm Moving to New Offices ReSource, a contents evaluation and replacement services provider for both personal and commercial property insurance claims, announced it ... More South Central News West Allstate Wins $7.7M Insurance Fraud Lawsuit in California A Los Angeles County Superior Court has ruled in favor of Allstate Insurance Co. and the State of California in a lawsuit topping $7 ... Der Manouel Adds Two in California Der Manouel Insurance Group has named Kevin Frost as a commercial risk consultant, while Reggie Sadler has joined Der Manouel's client ... California Fruit Producer Faces Federal Sex Harassment Suit A federal lawsuit has been filed charging that a central California dried fruit producer subjected its female workers to ongoing sexual ... More West News International Global Warming Slows as Fossil Fuel Emissions Rise to Record Global warming has slowed since 1998 even though humans are spewing ever more greenhouse gases and are almost certainly to blame for ... Profits Steady, GWP Up, But Investments Still Low: Lloyd's CFO Luke Savage Lloyd's first six months results, released yesterday, were generally good. Profits were down slightly at £1.38 billion [[$2.222 billion] ... Willis' Report Sees Energy Market 'Softening' "Too much capacity chasing an insufficient amount of premium in both the downstream and upstream energy markets will cause a general ... Metcalf to Head New Liberty Mutual Specialty Markets Unit Liberty Mutual Insurance Group announced that Nick Metcalf has been named President and Group Managing Director of Liberty Specialty ... XL Puts Preliminary Losses at $60 Million from Germany, France Hail Storms XL Group plc announced its preliminary net loss estimate related to the series of hailstorms in Germany and France in late July 2013 of $60 ... More International News Join the Insurance Journal Network Insurance Journal TV Insurance Law, Regulation - Jim Wrynn Brings his Experience to the Private Sector James J Wrynn, Esq. served as New York's Superintendent of Insurance from 2009 to 2012, when... Watch Now Swiss Re's Chief Economist Sees GDP Growth Swiss Re's chief economist Kurt Karl sees some light at the end of the tunnel for the world's... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Feedback - Good, Bad, Ugly on the following Aggregators/GAs Posted: Thu Sep 26 -- I looked at Smartchoice. They said they would hook me up with a bunch of carriers. So they have MET Life call me & Before I realize it I'm... ZappMan What is your biggest pain as an agent? Posted: Thu Sep 26 -- The DNC List! I hate that thing. You can't call anyone anymore it seems like. The only thing worse that that is Voice Mail. ZappMan California Work Comp Class Code detail Posted: Thu Sep 26 -- It is very easy to find the classes and codes. Register at: ... FurriePrincess Non-for-profit Volunteer Coverge Posted: Thu Sep 26 -- PB1 has it right. Volunteer accident coverage is less expensive than WC (when you can get it) and more readily available. GL policies should... CH@Ins4nonprofits Peer-2-Peer Musical Instrument Rental Insurance (SV Startup) Posted: Thu Sep 26 -- Hello everyone, I'd like to inquire about insurance for our business: We're a peer-to-peer internet startup based in San Jose, CA. Our... tobytobitobe Agency Management System Posted: Wed Sep 25 -- Hello, A lot of good info here. I checked out the following; ... ZappMan Information on Clusters Posted: Tue Sep 24 -- If you've written $1,000,000 in premium in 4 months, why can't you just get your own contracts? yoyowordup Selling Non-Standard P&C Book of Business & Agency Texas Posted: Fri Sep 20 -- The key to maximizing the outcome is to seek a team of skilled advisors, prepare for the sale, discretely market the agency to the most... AgencyBrokerage Need W/C Market - (Ca.) Med. Marijuana Dispensary w/lapse Posted: Fri Sep 20 -- Hello, we've been looking around for a Workers Comp. market for about a week with no luck and hoping someone here has an idea. It's a... PaulN Go to Forums Reader Comments Travelers Launching Low Cost, Segmented Product in New Personal Auto Strategy Posted: Mon Sep 23 -- Isn't it amazing that they managed to cough up $1.2 Billion to buy the Canadian company after they laid off the employees? They treat their... Agent Average Obamacare Premiums Will Be Lower Than Projected Posted: Wed Sep 25 -- No, no, no, say it isn't so! Celtica Idaho Gun Show Canceled Due to Insurance Requirements Posted: Fri Sep 20 -- The prior incident referred to was a totally different group. FYI, no loaded weapons are allowed in the show and all guns are check prior to... Fred Florida's Citizens Has New Plan to Shift 200,000 Policies to 8 Private Insurers Posted: Mon Sep 23 -- Tower Hill is way better than Citizens, and Citizens is on a glide path to take a 10% rate increase for the next 4 years anyways, so their... Susan FEMA Chief Disappoints Senators, Says He Can't Delay Flood Insurance Rates Posted: Wed Sep 25 -- Then why not the following: if people can not afford to pay medical insurance then they simply can not afford to receive medical help. But... 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