Daily Headlines: Friday, September 6, 2013

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September 6, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Commercial Lines Pricing Held Steady in August: MarketScout August, traditionally a slower month for commercial property/casualty insurance renewals, was true to form as the composite rate for the ... Study Finds Big Disparities in What Insurers Pay Hospitals in Same Cities Kansas City, Missouri, and Indianapolis residents with private health plans face some of the widest disparities in U.S. hospital costs, ... American Family Insurance to Acquire Homesite Group for $616M Madison, Wis.-based American Family Insurance announced Thursday that it reached agreement to acquire direct homeowners insurer Homesite ... KKR to Buy Claims Technology Firm Mitchell in $1B Deal KKR & Co., the private-equity firm led by Henry Kravis and George Roberts, agreed to buy Mitchell International Inc., the first buyout by ... Advanced E&S Group Adds Maintenance Interruption Coverage for HOAs Managing underwriter Advanced E&S Group has launched a business income policy for community associations that includes maintenance ... Carriers Urged to End Cyber Exclusion Clause for Energy Firms: Marsh Continuing uncertainty surrounding the application of cyber-exclusion clauses is eroding the value of insurance and causing mounting concern... More National News East Commentary: Threat of Civil Liabilities for Text Senders in Crash A New Jersey state appeals court has ruled that a text sender could be held liable for a crash caused by her text's recipient -- but only ... 3 N.J. Men Accused of Filing Fraudulent Cell Phone Insurance Claims Worth $160K New Jersey authorities said three New Jersey men have been charged with engaging in a scheme to submit fraudulent cell phone loss claims to ... FEMA Extends Hotel Stays for N.Y. Sandy Victims Federal authorities have extended the amount of time New Yorkers can stay in hotels or motels if they can't return to their homes because ... More East News Midwest Ohio Jury Awards Firefighter $224K in Discrimination Suit The city of Cincinnati created a hostile work environment and retaliated against a longtime firefighter, but he wasn't targeted for his ... Iowa City Settles with Travelers Insurance over Landfill Fire Iowa City, Iowa, has reached a $1.85 million insurance settlement over a costly landfill fire last year. The Iowa City Council said during ... Indiana Insurance Agent Promoting High School Fishing Clubs Helping youth find their way onto lakes to fish. That's what John Albertson, an insurance agent in Bloomington and youth director for ... Minnesota's LeClair Group Launches New Identity, Services Margaret LeClair, CEO of St. Paul, Minn.-based LeClair Insurance, announced the company is changing its name to LeClair Group, and bringing ... More Midwest News Southeast Florida's Citizens Increasing Rates on Some Commercial Policies Florida regulators have approved a first round of rate changes for the state-backed property insurer that include an 8.3 percent increase ... Tennessee Court Reinstates $43.8M Verdict for Auto Accident Victim The Tennessee Supreme Court has reinstated a $43.8 million verdict for a Memphis child who was paralyzed in an auto accident. According to ... Mississippi City Nixes Storm Shelter Plans The Ocean Springs Board of Aldermen has dropped plans to pursue a $3.4 million grant to build a city storm shelter which would have doubled ... More Southeast News South Central Investors in $7B Stanford Swindle Start Getting Payouts Investors in a $7 billion Ponzi scheme orchestrated by convicted ex-Texas tycoon R. Allen Stanford have begun getting back some of what ... IIAT's Small Agency Conference Set for Oct. 6-7 in San Marcos Insurance agents and company representatives from across the state will meet Oct. 6-7 in San Marcos at the Embassy Suites San Marcos Hotel, ... The Hanover Says It Is Committed to Oklahoma The Hanover Insurance Group does a lot of business in Oklahoma and plans to keep it that way. Responding to an Insurance Journal article ... More South Central News West Risk Ratings Weighed for Homes in Fire-Prone Areas in Colorado A state task force is mulling a plan that would assign more than 550,000 Colorado homes in wildfire-prone areas a risk rating that would be ... Cause Of Rim Fire In California Could Take Months To Determine There was no evidence of an illegal marijuana grow near the spot where a raging wildfire started near Yosemite National Park, a federal ... Workers' Comp Rate Hike Likely for California A workers' compensation rate hike looks to be in the works for California. The Workers' Compensation Insurance Rating Bureau Actuarial ... Sum Named Acting Chief of Cal/OSHA Juliann Sum has been named acting chief of Cal/OSHA. Sum will head the Division of Occupational Safety and Health following the resignation ... More West News International 57th Reinsurance Rendez-vous Kicks Off on Saturday; Excess Capital a Concern The 57th Reinsurance Rendez-vous, which begins with registration in Monte Carlo on Saturday, promises to be somewhat less stressful than ... Zurich CFO's Suicide Followed Disagreement on Business Targets On August 14, Zurich Insurance chairman Josef Ackermann received financial chief Pierre Wauthier and head of investor relations James Quin ... Reinsurance Terms and Conditions, More Than Price, Could Be Focus in 2014 Reinsurers may fail to increase rates they charge primary carriers for their backstop coverage when they begin price talks for 2014 in ... Carriers Urged to End Cyber Exclusion Clause for Energy Firms Continuing uncertainty surrounding the application of cyber-exclusion clauses is eroding the value of insurance and causing mounting ... More International News Join the Insurance Journal Network Insurance Journal TV California Assemblyman Mixes Insurance and Politics Assemblyman Ken Cooley, D-Rancho Cordova, started his insurance career in the 1970s working on... Watch Now Opportunity in ACA Reprieve Shawn P. Pynes, a principal with Barney & Barney LLC in San Diego, sees the temporary reprieve... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Why I believe in insurance agents Posted: Fri Sep 6 -- and then "patched back together" because of the value the AGENT brought to the relationship. alsia Work Comp for Retail E-Cig/Vapor Shops Posted: Fri Sep 6 -- Does anyone have a market for electronic cigarette retail stores AKA Vapor Shops? Contact me at ... InsureTime Travelers reducing commissions Posted: Thu Sep 5 -- Per Travelers, this will be in all states that get the new auto product. lonestar buying commercial lines leads... Posted: Thu Sep 5 -- Why do you say that? Have you had a bad experience? ABMCalifornia Insurance agencies for sale ? Posted: Wed Sep 4 -- I have an agency for sale in New Mexico. If you are interested in an agency there contact me for more details. Presl70 Construction - Worldwide Posted: Wed Sep 4 -- I would suggest researching the Zurich Commercial Contractors program at this link:... gkroll comp in ca for unarmed security firm Posted: Wed Sep 4 -- To review the details of the Zurich program, I suggest checking out ZProgramsMatch at the link below:... gkroll Piano Movers Ohio Posted: Fri Aug 30 -- I just noticed the heading... ABMCalifornia Go to Forums Reader Comments New Jersey Court: Text Sender Can Be Held Liable in Crash Posted: Wed Sep 4 -- It is scary how unbelievably stupid our courts can be. Don Quixote Tough-to-Kill New York Buses Drive Through U.S. Law's Loopholes Posted: Tue Sep 3 -- And when the operator - or their carrier - pays out the paltry $5mil to cover the 14 new quadrapeligic pre-teens, the plaintiff's lawyers... reality bites West Virginia Family Sues Over Accident Photo Posted: Wed Sep 4 -- Absolutely inappropriate and disgusting behavior from a trusted "first responder". Moe Obamacare Supporters Decry Republicans' Moves on Health Navigators Posted: Tue Sep 3 -- GOP vs the GAP - the Give Away Party - the Dems sure know how to spend other peoples money, but never their own. How much did Obama and his... Whodathunkit? Zurich Insurance CFO Named Ackermann in Suicide Note Posted: Fri Aug 30 -- Hmmm. I zink zer ist more to dis zan meets the monocle. nomesaneman Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue August 19, 2013 101 Sales, Marketing & Agency Management Ideas; Corporate Profiles - National Edition; Exclusive Annual Issue Sponsor Download Opportunity More Newsletters Choose Newsletters Daily Headlines Weekly Reader Picks Magazine Update Insurance Journal TV Classifieds Breaking News MyNewMarkets Daily Claims Daily Enter Your E-mail Market Directories Excess & Surplus Markets Programs Workers' Comp Markets New Insurance Jobs Commercial Insurance Producer Licensed Property and Casualty Producer Commercial Lines Underwriter Director/Vice-President for Multistate Insurance Brokerage Have a job opening? List it on our Web site. How to Advertise For information about advertising on this newsletter and Insurance Journal magazines, contact Julie Tinney at (800) 897-9965 x148. 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