Daily Headlines: Thursday, October 31, 2013

Contact us | Subscribe | Send to a Friend

October 31, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Buffett Looking For Acquisitions as Berkshire's $40B Cash Pile Deemed 'Too Much' Warren Buffett, who aims to have $20 billion in cash at his Berkshire Hathaway Inc., isn't investing fast enough to keep money from piling ... Bolt Solutions Acquires Online Aggregator Superior Access (SAIS) Bolt Solutions Inc., which provides property/casualty insurance online distribution and comparative rating platforms, has acquired Austin, ... Safe, Happy Halloween From 'World's Leading Authority on Poisoned Candy' I have a second, unpaid job. It's seasonal. Each year during the last two weeks of October, I field a lot of calls from reporters. You see, ... Rusbuldt on McKinsey 4: Trusted Choice, CAP as Part of Agents' Internet Strategy Bob Rusbuldt, president and CEO of the Independent Insurance Agents and Brokers of America - the Big "I"- takes issue with a McKinsey ... ThinkRisk, Aspen Launch New Private, Non-Profit Management Liability Program ThinkRisk Underwriting Agency, a division of RSG Underwriting Managers, LLC, and Aspen US Insurance have launched a new national management ... Markets-in-Motion: Sports & Entertainment Arenas The 650,000 square foot Honda Event Center in Anaheim, Calif. holds thousands of people at any given time, creating the opportunity for many... S&P Ups XL Rating to A+; 3Q Earnings Fall on Large Losses Standard & Poor's boosted the financial ratings of the operating subsidiaries of XL Group to A+ on Tuesday, providing... More National News East Wall Street Commuter Ferry Operator Settles Crash Claims The owner of SeaStreak Wall Street, a commuter ferry that crashed in Manhattan's financial district on Jan. 9, has settled more than 45 ... Virginia High Court Reverses Verdict in Virginia Tech Shootings Virginia Tech University couldn't have foreseen the rampage of a lone gunman who initially shot two people to death and later killed 30 ... Penn. Regulators Offer Advice on Insurance Coverage for Halloween Hazards Soon, trick-or-treaters will hit the streets for Halloween. But with so many unpredictable elements at play, the chances of an accident or ... Selective Insurance Q3 Profit Rises 79% to $33M Selective Insurance Group of Branchville, N.J., reported Wednesday $32.653 net income for its 2013 third quarter, a 78.7 percent increase ... Donegal Group's Q3 Profit Up 12% to $7.7M Donegal Group Inc. of Marietta, Penn., reported on Oct. 25 net income of $7.654 million for its 2013 third quarter, an 11.9 percent ... Many Sandy-Displaced N.J. Residents Dissatisfied With Insurers: Survey A new survey of New Jersey residents who have been displaced from their homes because of Superstorm Sandy shows many of them are not happy ... New Jersey Gov. Christie Helps Towns Mark Sandy Anniversary On the anniversary of Superstorm Sandy, New Jersey Gov. Chris Christie toured the state Tuesday to celebrate New Jersey's progress in ... More East News Midwest United Ethanol Cited After Worker Dies in Wisconsin Corn Bin United Ethanol LLC has been cited for 15 health and safety violations by the U.S. Department of Labor's Occupational Safety and Health ... Keystone Insurers Group: Nicoud Insurance Is First Illinois Franchise Partner Keystone Insurers Group has welcomed Springfield-based Nicoud Insurance Services as its first franchise partner in Illinois. The ... More Midwest News Southeast Tennessee DUI Results in Question After Firing Thousands of driving under the influence ((DUI) results from across Tennessee may be in jeopardy after the firing a Tennessee Bureau of ... Judge Weighs Alabama City's Case Over Police Officer's Facebook Posts A Dothan, Alabama judge is considering whether city officials acted appropriately in upholding disciplinary action against a police officer ... More Southeast News South Central OSHA Fines Trucking Company $113K After Worker Fatality in Arkansas Sherman Brothers Trucking Inc., doing business as Team Transport Inc., has been cited by the U.S. Department of Labor's Occupational Safety ... Texas Mutual Pays $651K Dividend to CompGroup AGC Texas Mutual Insurance Co. announced that the CompGroup AGC has earned a $651,166 workers' compensation dividend. The dividend is based ... Flooding in Central, Southeast Texas Prompts Evacuations A flash flood watch remains in effect for Central Texas counties today after torrential rains  - up to 14 inches reported in some areas - ... More South Central News West California Lodge Owner Convicted Of Insurance Premium Fraud Brookdale Lodge owner Sanjiv Kakkar, 52, was sentenced to 364 days in jail and three years of probation after pleading no contest for two ... $167K Settlement in Nevada Apartment Discrimination The owners and operators of a Reno, Nev. apartment complex have agreed to pay $167,000 to settle a housing discrimination lawsuit over ... Oregon Mother Seeks $7.6M In Meatball Choking Death Lawsuit The mother of a young Oregon girl who died after choking on a meatball at her preschool is seeking $7.6 million in a lawsuit against the ... Alaskan Mayor Signs Local Disaster Declaration Kenai Peninsula Borough Mayor Mike Navarre has signed a local disaster emergency declaration due to the unseasonably heavy rains that have ... Washington City Braces For Increased Flood Risks New information shows sediment buildup in the White River is increasing the flood danger faced by the city of Pacific, Wash. The King ... More West News International Hyperion Insurance Head David Howden on U.S. Expansion by MGA DUAL David Howden, the chief executive of the London-based Hyperion Insurance Group, founded the company in 1994, "as a business to take on ... Zurich Insurance Says 'Confident' on Profitability Measure Zurich Insurance Group AG, Switzerland's biggest insurer [3rd largest in Europe], said it is still "confident" its non-life unit can ... Aon Benfield's Impact Forecasting Launches Riot Modeling Tool for Indonesia Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, announced the launch of "its first tool to ... Swiss Re Sees Emerging Market Construction Boosting Premiums Swiss Re Ltd., the world's second-biggest reinsurer, estimates $43 trillion in infrastructure investments related to urbanization in ... XL Group Posts $135.6 Million Q3 Net Income The XL Group announced net income and operating net income of $135.6 million and $154.6 million, respectively, compared to net income and ... More International News Join the Insurance Journal Network Insurance Journal TV A World With or Without TRIA Since the creation of the federal terrorism reinsurance program in 2002 until now the market... Watch Now Aon Benfield's Adam Podlaha Explains Cat Models - and More Insurance Journal's Charles Boyle interviewed three specialists from Aon Benfield's... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Travelers reducing commissions Posted: Wed Oct 30 -- It's not an 8% cut, it's actually a 20% cut: 15% x .80 = 12%. Despite the cut,... gforaker 7 day insurance policy Posted: Tue Oct 29 -- Justin, Unfortunately, that program is exclusive to LA Insurance. If you really want access to it, you could access it by becoming an LA... PiP becoming appointed Posted: Tue Oct 29 -- Try an Aggregator/Cluster group. By joining you get instant access to preferred markets, higher commissions and contingency opportunities... PiP New Insurance Agency Posted: Tue Oct 29 -- It is very difficult to get an appointment as a new agency...we were only able to do so because I was one of the top performing captive... Pathwayinsurance It can happen to us too Posted: Tue Oct 29 -- We also had a claim, not theft related but our water heater burst in our office causing much damage. We tell... Pathwayinsurance Erie Insurance, feedback please. Posted: Tue Oct 29 -- Hey guys, Thanks for the tips, advice, and feedback. I did speak with an Erie agent, he loves the company. But he only receives 10%... Pathwayinsurance New Phone Line System Help Posted: Mon Oct 28 -- As someone who has been on the traditional PBX system, to VOIP (to another VOIP) and then finally moved back to a traditional PBX. I was on... Smalltownagent SCUBA Dive Shop Posted: Thu Oct 24 -- If you're still having difficulty placing this account I would contact Bliss and Glennon. They helped me place several Yacht cleaners... Shagster121261 Go to Forums Reader Comments Arkansas Judge OKs Class-Action Status in Marlboro Lights Suit Posted: Thu Oct 24 -- Let me preface that I am an ex-smoker but still think that people have the right to smoke if they want. I am sick and tired of tobacco... WyomingAgent Idaho Lawsuit Is Latest Claim Against Remington Posted: Mon Oct 28 -- basic principle of firearm use/handling: never point it in any direction that might cause injury should it misfire. why would he have been... bob Bipartisan Deal Reached to Delay Flood Insurance Premium Hikes: Waters Posted: Mon Oct 28 -- I am still laughing. Where are all my capitalistic, market crazy Republican friends who should be insisting the rates be market rates, no... JohnS Alabama Couple Sues Kentucky Motel Owners for $5M Over Illness Posted: Mon Oct 28 -- Yet another blatant example of throwing a high number in the air in the hopes the motel's carrier will settle for less. How in the hell did... Scott Insurance, Tax, Climate Groups Hit Possible Delay in Flood Insurance Changes Posted: Mon Oct 28 -- Maybe the govt should stop sending out $25 billion yearly to other anti-American countries and use the funds to solidify the FEMA/NFIP... Earl Murphy Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue October 21, 2013 Top Commercial Lines Agencies; Risks of the New Economy: High Tech, Biotech, Nanotech, Robotics, Media / Cyber Liability, Alternative Energy, Green Building & Car / Home Sharing; Commercial Property 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 Lines Account Manager Program Manager II Program Manager I Claims Business Analyst - auto 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. View our Media Kit for advertising options in our magazines and online properties. Subscribe | Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2013 by Wells Media Group, Inc.