Tuesday, November 26, 2013

Daily Headlines: Tuesday, November 26, 2013

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Insurance Journal Daily Headlines
November 26, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Supreme Court Agrees to Hear Religious Exemption to Birth Control Benefit

The U.S. Supreme Court will take up a challenge to part of President Barack Obama's healthcare law by companies claiming a religious ...

Applied Systems Acquired by Hellman & Friedman from Bain Capital for $1.8B

Applied Systems Inc., a leading insurance software provider, said it has agreed to be acquired by investment funds advised by private ...

Supreme Court Could Take Up Religious Rights of Corporations

U.S. Supreme Court justices could decide on Tuesday to review religious objections made by corporations to a provision of the 2010 federal ...

Hartford's McGee: Lessons from Clash with Activist Investor Paulson

Liam McGee, who led a rebound at Hartford Financial Services Group Inc. after shunning John Paulson's call to split the insurer, said ...

College Player May Be Blocked from Collecting on $20,000 Half-Court Shot

Making a half-court shot during a promotion at an Oklahoma City Thunder game might be easier for 23-year-old Cameron Rodriguez than keeping ...

Photographer Wins $1.2M from Media Firms That Used Pics on Twitter

A federal jury on Friday ordered two media companies to pay $1.2 million to a freelance photojournalist for their unauthorized use of ...

FDA Halts Google-Backed 23andMe's Sales of DNA Test Kit

The U.S. Food and Drug Administration has warned 23andMe, a company backed by Google Inc., to halt sales of its genetic tests because they ...

General Star Adds Six New Coverages to Healthcare Product Line

General Star Management Co. has launched a new Healthcare Facilities Choice endorsement. The protection is available on miscellaneous ...

Tower Group to Cut 140 Jobs After Q2 Loss Due to Reserve Charges

Tower Group International Ltd. is cutting about 140 jobs, or 10 percent of its workforce, after posting a second-quarter loss of more than ...

From MyNewMarkets.com Workers' Compensation Results Improved in 2012

The workers' compensation industry's results improved in 2012. Premiums grew for the second straight year, the combined ratio improved,...
Carrier Management

Employers Screening Social Media Accounts May Alienate Job Candidates, Spur Legal Action

Research from North Carolina State University shows companies that screen the social media accounts of job applicants...
Great American Insurance Group, Demotech and Vertafore. Want News on the Go? Insurance Journal now available on the iPhone, Android and Kindle Fire - Download it free today! Click here for more information.
East

U.S. Labor Dept., N.Y. Agencies Team Up to Target Misclassification of Employees

Officials from the U.S. Department of Labor's Wage and Hour Division, the New York State Labor Department and the New York State Attorney ...

NYS Workers' Comp Board Presses On to Resolve Group Trust Liabilities

The New York State Workers' Compensation Board (WCB) is pressing on with its effort to resolve the liability problems stemming from ...

Penn. Regulators Offer Tips to Avoid Turkey Frying Homeowners Catastrophe

The Pennsylvania Insurance Department and the Office of the State Fire Commissioner are cautioning consumers to be extra careful when ...
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Midwest

Jury Awards Missouri Worker $28M for Lung Damage

A Laclede County jury has ordered a Missouri company to pay $28 million to a worker who claimed his lungs were damaged at a compressor ...

Progressive Names CEO Renwick as Chairman

Ohio-based Progressive Corp. has named President and CEO Glenn M. Renwick to the additional role of chairman following the death of ...

Combined Agents of America Expands in Kansas with New Member

Combined Agents of America LLC (CAA) has added a new member agency, Kansas-based Fouts, Davidson, Burks Agency LLC. CAA now has 53 ...

$300K Awarded to 2 Terminated Ohio Truck Drivers

Under the terms of a consent judgment, a now defunct North Canton, Ohio-based company, Star Air Inc., and owner Robert R. Custer, will pay ...
Insurance Journal
Insurance Journal's 2014 Events Calendar will be published in our January 13, 2014 magazine, so it's going to be a valuable resource for readers who are planning to attend industry events.
Submit your industry events for consideration!
Southeast

Bear Bryant Son's Reinsurance Fortune Helps Power Alabama Football

The University of Alabama opened a new football-training center last February. Any professional team would be happy to have it. The ...

Florida Woman Sues Network over 'The Game' Facebook Page

A South Florida woman is suing the Black Entertainment Television network in a dispute over a Facebook page she developed to promote the ...

Mississippi Court Will Hear Electrocution Workers' Compensation Appeal

The Mississippi Supreme Court will hear an appeal from a former Ripley alderman who lost both hands after being electrocuted. WTVA-TV in ...

Boraca Joins Arthur J. Gallagher McDonald's Restaurant Division in Tampa

Chad Boraca has joined Arthur J. Gallagher & Co. as director of risk management in the McDonald's Restaurants specialty area. He will help ...
South Central

Commissioner Denies TWIA's Request to Raise Liability Limits

The primary windstorm insurer for Texas coastal properties won't be raising limits of liability next year for on property it covers. ...

Twitty Joins Frost Insurance as Market President for Dallas Office

Jeff Twitty, an insurance executive with more than 30 years of insurance and risk management experience, has been named market president ...

Hogs Damaging Levees in Louisiana's Jefferson Parish

Feral hogs in Louisiana are rooting up levees on Jefferson Parish's west bank, causing damage that could pose a threat to flood protection, ...

All-Star Insurance Opens New Office in Pittsburg, Texas

Gilmer, Texas-based All-Star Insurance Group Inc., a full service, independent insurance agency, has opened a new office inside First ...

India-Based Company Fined $77K for Amputation Hazards at Arkansas Plant

The U.S. Department of Labor's Occupational Safety and Health Administration has cited Welspun Tubular LLC in Little Rock, Ark., for two ...
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West

California Insurers Group: Jones Was Correct on WC Pure Premium

California Insurance Commissioner Dave Jones was correct to recognize the increasing costs in the state's workers compensation system when ...

CEO: Reno Air Races Needs $500,000 to Survive, Cites Insurance Costs

The Reno National Championship Air Races must raise pledges of $500,000 by Dec. 15 in order to meet operational costs in 2014 and keep the ...

Case Over Alaska Mountain Death Settled

An attorney says a settlement has been reached over a Swiss man's death on Alaska's Mount McKinley in 2011. Court records show attorneys ...
International

Canadian Pacific Coal Train Derails; No Injuries

A northbound Canadian Pacific Railway Ltd train derailed near Windermere, British Columbia, on Monday morning, sending 16 cars loaded with ...

China, India Succeed in Weakening Warsaw Global Warming Pact

China and India's success in weakening the latest global warming agreement created friction with other developing nations that are seeking ...
Construction Defect 2-part series - New webinar from Academy of Insurance
Insurance Journal Blogs

Narcotics Use in Workers Compensation Injuries

This post is part of a series sponsored by Helmsman Management Services LLC. In recent years, there has been a disturbing rise in the use ...

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New Discussions in the Forums

Technology Question - Submission Management
Posted: Sat Nov 23 -- I am looking for the right application submission system for our agency. We are a wholesaler with an exclusive product. - Dashboard for us... InsureTime
How to insure a client that use Uber or Lyft
Posted: Fri Nov 22 -- I have sent emails and facebooks messages to Uber and Lyft and they don't respond because THEY HAVE NOTHING! Lyft's website says: $1,000,000... yoyowordup
"Independent contractor" covered under "employer's" GL?
Posted: Fri Nov 22 -- I agree with the previous poster - if the HOA "hires" him as an "independent contractor" the HOA should be requiring GL coverage. i would go... gennydill
New Insurance Agency
Posted: Thu Nov 21 -- Since you are new, try these MGA's and get some business going first before getting direct appointments... Lani
SCUBA Dive Shop
Posted: Thu Nov 21 -- This group has a special program for dive shops ... TheInsKid
is a physical exam necessary before taking life insurance?
Posted: Wed Nov 20 -- Without a paramed exam, most companies will only offer a small amount of coverage, and the rate, or cost per $1,000 of coverage, will be... lonestar
What is the significance of long term care planning today?
Posted: Tue Nov 19 -- It's one of the activities that one shouldn't put off these days. Why? Based on the most recent study, 70% of the adult population in the... racheljames

Reader Comments

State Proposals to Mandate Insurance for Gun Owners Falter
Posted: Tue Nov 19 -- Even if they buy insurance, did anyone ever hear of an exclusion for intentional acts? This is just an attempt at creating a barrier to... Mike
States, Insurers Working on Ways to Bypass Obamacare Federal Exchange
Posted: Thu Nov 21 -- FFA, If Obama and Biden had a Vaudeville Act, it would close within a week and the theater would go bankrupt. My favorite Bidenism is when... Agent
Progressive Insurance Chairman, Former CEO, Philanthropist Lewis Dies
Posted: Mon Nov 25 -- Lewis was a contraversial figure who supported left wing causes. I'd like to correct a little revisionism in this article. Progressive grew... Paul
10 Ideas Chosen for Coastal Shields in New York, New Jersey
Posted: Tue Nov 19 -- How about a wall around the island made out of sponge? It could soak up the excess water, and slowly evaporate over time. Cheetoh Mulligan
NCAA Sues Video Game Maker Over College Athlete Settlement
Posted: Thu Nov 21 -- If there is money to be had, the answer is definitely yes!! If there is no money involved, no one cares. DESi

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