Daily Headlines: Monday, November 4, 2013

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November 4, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National BP Oil Spill Settlement Opponents Ask Court to Rescind Approval Opponents of BP Plc's $9.2 billion partial settlement of private-party claims from the 2010 Gulf of Mexico oil spill are set to ask a U.S. ... Courts Split Over Health Care Law Birth Control Coverage Mandate A requirement of President Barack Obama's health care law that group insurance plans cover contraceptives may violate religious freedom, a ... Groups Urge National System for Tracking Youth Sport Concussions Is peewee football too early to wonder about concussions? Maybe not: A major report says far too little is known about the risks in youth ... R-T Specialty to Buy Wholesale Broker Westrope Chicago-based national wholesale insurance broker R-T Specialty said it has agreed to merge with another wholesale broker Westrope, based ... 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... AIG Earnings Call Highlights: Broker Quality Scrutinized; Still Committed to 'Aspirational Goals' Property/casualty insurance brokers who aren't diligent about the accounts they're presenting to American International... More National News East Connecticut's Interest in Berms, Dunes Grows After Sandy Devastating flooding from Superstorm Sandy has sparked growing interest in building berms and sand dunes for protection along the ... N.Y. Expects 100,000 to Change Health Insurance Under Federal Overhaul New York health officials say that about 100,000 individuals will have to change their health insurance under the federal health care ... Collisions Between Cars, Deer Increasing in Delaware The number of collisions between deer and vehicles in Delaware is growing as state officials work to reduce the deer population. Citing ... New Jersey Officer Pleads Guilty to Insurance Fraud A Newark, N.J., police officer has admitted filing a false insurance claim after his vehicle was declared stolen and found torched. The ... AssuredPartners Acquires Eastern Insurance Agency in Pennsylvania AssuredPartners Inc., through its subsidiary AssuredPartners of New Jersey, acquired Eastern Insurance Acquisition Agency (D/B/A Eastern ... Report Looks Back at Why Sandy Caused So Much Flooding Damage Along Coast Karen Clark & Company (KCC), independent experts in catastrophe risk, catastrophe models and catastrophe risk management, issued a report ... More East News Midwest Bates Receives Indiana Insurance Agents' Industry/Public Image Award Mark Bates, from Pinnacle Insurance Group of Indiana in Crown Point, Ind., is the recipient of the Independent Insurance Agents of ... Baltimore Insurer to Relocate to Des Moines, Iowa A Baltimore, Md.-based life insurance company is moving its corporate offices to Des Moines, Iowa, and it plans to employ 50 workers within ... State Farm Likely to Move Some Bloomington, Indiana Jobs State Farm Insurance Co. says it will likely move at least some of its claims services employees out of Bloomington, Ind. State Farm ... Minnesota Roads Breaking Down Faster than Expected Minnesota road surfaces that were supposed to last for 30 years are beginning to crumble in half that time, raising concerns that cities ... More Midwest News Southeast Tennessee Court Finds City Not Liable for Death by Fallen Tree The Tennessee Court of Appeals has ruled that Knoxville isn't liable for a tree that fell on and killed a woman driving on a city street. ... Miller: Florida Insurers Assume Liability in Agent Appointments, Licensing Verification The agent appointment process is not as simple as some think. Insurers that are not careful could find they are in legal trouble. As in so ... Brown & Brown CFO Cory Walker to Retire in March 2014 Daytona Beach, Fla.-based brokerage Brown & Brown Inc. announced that Cory T. Walker, who has been serving as senior vice president, ... More Southeast News South Central Farmers Insurance, Texas Reach Tentative Deal on Mold Claims The state of Texas and Farmers Insurance want to settle decade-old claims of overcharging and underserving customers for $117.5 million, ... INSURICA Adds Winans as Associate Director of Sales Development Oklahoma City-based INSURICA Insurance Management Network has hired David Winans as associate director of sales development in the firm's ... As Exchange Opens Oklahoma City Chamber Drops Insurance The Greater Oklahoma City Chamber of Commerce will no longer provide a health insurance offering that 1,400 companies in the state have ... Fallin Appoints 2 to New Workers' Comp Panel Gov. Mary Fallin has named a longtime Oklahoma City attorney and a deputy insurance commissioner to fill the final two spots on the newly ... More South Central News West NSM Insurance Group Acquires California Broker ELM NSM Insurance Group has acquired Executive Liability Managers Insurance Brokers in California. ELM is a 25-year-old professional liability ... Insurer For Montana City Settles Lawsuit With Family The insurance company for the city of Billings has agreed to settle a lawsuit stemming from the death of a 41-year-old man at Rose Park ... Thousands Without Power After Pacific West Wind Storm Thousands of people were without power as of Sunday evening in Washington state following Saturday's wind storm. The storm knocked out ... Corps: Utah County Levees Have Problems Salt Lake County, Utah's levee systems are in unacceptable shape, according to a review by the U.S. Army Corps of Engineers. Officials with ... Federal Aid to Colorado Flood Victims Reaches $100M Federal aid to victims of the historic September floods in Colorado has reached $100 million. The Federal Emergency Management Agency says ... More West News International U.S. Says Japan Signing Liability Pact Would Aid Nuclear Cleanup Japan will receive international help with the cleanup at the Fukushima atomic station once it joins an existing treaty that defines ... Pirate Money Promotes Global Criminal Activity: World Bank Report Pirates hijacking ships off the Horn of Africa and Somalia from 2005 to 2012 garnered well over a quarter of a billion U.S. dollars in ... South Africa's MMI to Buy Alexander Forbes' Insurance Business MMI Holdings Ltd., South Africa's third-largest insurer, agreed to pay 1.6 billion rand ($157 million) for Alexander Forbes Ltd.'s ... Cobalt CEO Says London Meeting Islamic Underwriting Needs Islamic business leaders have been told London has the ability to deliver highly rated re/insurance capacity to meet their desire to have ... Travelers Completes Dominion of Canada Acquisition The Travelers Companies, Inc. announced the completion of its acquisition of The Dominion of Canada General Insurance Company from E-L ... Another Canadian Freight Train Derails in Alberta, No Injuries A Canadian National Railway Co. train carrying lumber and sulfur dioxide derailed in the Western Canadian province of Alberta on Sunday, ... Lockton Names Marsh's Saada as CEO for Middle East-North Africa Region Lockton (MENA) Ltd. has named Tony Saada as chief executive officer. He will be responsible for developing and serving Lockton's rapidly ... More International News Sponsored Content Atlas General Announces Tribunalization with Lloyd's of London San Diego, CA, 11/4/13 - Atlas General Insurance Services, LLC, is pleased to announce that it has formally completed the "tribunalization" ... More Sponsored Content Insurance Journal Blogs About Those 'Huge' Flood Insurance Rate Increases Recent news reports on the roll-out of reforms to the National Flood Insurance Program have focused on astronomical increases in rates ... More Blogs 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: Sun Nov 3 -- Look around...I know of one company with realtime electronic submission with bound/underwritten quotes paying 17% NB in P&C. ...And they... OldIndyAgent Erie Insurance, feedback please. Posted: Thu Oct 31 -- I would stay away from Erie. Erie has appointed too many agents and their competitive position has taken a turn for the worse. Erie's... randrew54 CA liability coverage for product - Gopher Gasser Posted: Thu Oct 31 -- My client is a California wholesalers for garden supplies. They're looking for liability coverage for their new product - Gopher Gasser. The... antagent 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 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 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 Go to Forums Reader Comments 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 Nevada HOA To Pay $65K After Banning Family's Ambulance Posted: Fri Nov 1 -- I love it when a draconian HOA gets slapped by the courts for being a jerk. Why? UPS Driver in Michigan Works 51 Years, No Crashes Posted: Fri Nov 1 -- Thank you, sir! Congratulations! Wildcat Buffett Looking For Acquisitions as Berkshire's $40B Cash Pile Deemed 'Too Much' Posted: Thu Oct 31 -- Wow, if I was one of his employees I would love to receive a $1 million bonus. Just think how that would boost the economy through his... Baxtor Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue November 4, 2013 Focus on Professional Liability / PLUS; Habitational / Dwellings; Agents' E&O Survey; Bonus: Free Ad Readership Study ($2,500 Value); Bonus: The Indiana Issue (Special Supplement) 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 Market Director Program Manager II Program Manager II Commercial Lines Account Manager 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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