Daily Headlines: Thursday, August 18, 2011

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August 18, 2011 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Group of Allstate Agents Votes to Unionize A group of Allstate agents who say the insurer controls them like employees rather than as independent contractors voted to affiliate with ... Insurer's New Predictive Model Targets High Cost Workers' Comp Claims Workers' compensation giant Liberty Mutual has developed a new predictive model that lets it more quickly identify and manage high cost ... Zurich Names Hart Chief Operating Officer for Global in North America Zurich appointed Sabrina Hart as chief operating officer for Global Corporate in North America (GCiNA). In her previous role, Hart served ... Chartis Expands NextGen Protection to Project Contractors Chartis has expanded NextGen Protection, a suite of environmental insurance products offered through its Environmental division, for ... U.S. to Require Consumer Labels on Health Insurance Plans Insurers and employers will have to spell out plainly the costs and benefits of the health plans they offer starting next year. The rule ... Allstate Sues Goldman Sachs Over Toxic Mortgage Securities Allstate Corp. is suing Goldman Sachs Group Inc., saying more than $122 million in mortgage-backed securities the insurance company bought ... Court Throws Out Writers’ Copyright Settlement with Publishers A federal appeals court voided a class-action settlement in a case brought by freelance writers who accused publishers of reprinting their ... As Disaster Losses Mount, U.S. Seeks to Make Country ‘Weather Ready’ Noting that the U.S. has experienced $35 billion in economic losses due to disasters already this year, the federal government is embarking ... Expanded Food Recall Authority for FDA Creates Liabilities, Opportunities The food and insurance industries are waiting anxiously to see how the new Food Safety Modernization Act (FSMA) will affect their... More National News East NY’s Senator Schumer Calls for End to ‘Job-killing’ Insurance Fee Sen. Charles Schumer is calling for an end to a new government surcharge that amounts to roughly $20 per worker for New York businesses. ... Conner Strong Appoints 3 Execs to New Positions New Jersey-based risk management and employee benefits brokerage and consulting firm Conner Strong & Buckelew has made three new ... New Jersey Diocese Settles Priest Sex Abuse Case for $1M The Diocese of Trenton and lawyers for five men who were abused by a New Jersey priest in the 1970s and 1980s said they have reached a ... Yale At Fault in Student Death: OSHA Federal safety regulators say a piece of machinery that killed a Yale University student lacked required safeguards. Michele Dufault, a ... More East News Midwest ACLU Sues Over Kansas Abortion Insurance Law The American Civil Liberties Union has filed a federal lawsuit challenging a Kansas law that restricts insurance companies from covering ... Minnesota Twins Wait to Hear If Hockey Shot Worth $50K Prize Eleven-year-old Nate Smith made an incredible shot — putting a puck through a tiny hole 89 feet away. Now he and his family are waiting ... Missouri: $745M in Claims Paid Toward Joplin Recovery As of mid-July insurance companies serving consumers in the Joplin, Mo., area had paid more than $745 million in claims for residential, ... Ohio Insurance Director: Auto, Homeowners Rates Still Competitive Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor says Ohio's average auto and homeowners insurance rates are ... Missouri Receives $21M Grant to Build Online Health Insurance Marketplace Missouri has received a $21 million grant aimed at making health insurance coverage for individuals and small businesses more accessible ... More Midwest News Southeast Universal Insurance Enters Georgia Homeowners Market Georgia residents will soon have another choice when it comes to purchasing homeowners insurance. Universal Insurance Holdings Inc., has ... Florida Supreme Court Rules Gov. Scott Erred in Regulation Freeze The Florida Supreme Court says Gov. Rick Scott overstepped his authority by suspending state agency rule-making procedures. The justices ... Mississippi Judge Dismisses Claim Against ‘The Help’ Author Did Kathryn Stockett use her brother's African-American maid as the basis for a character in the bestselling novel-turned-movie ``The ... More Southeast News South Central Grey to Serve as VP of Risk Management at Gibraltar Group Lubbock, Texas-based risk and insurance consulting firm The Gibraltar Group has added Pepper Grey as vice president of risk management. ... Texas Enforcements for June 2011 Include Nearly $285K in Fines, Restitution Enforcement actions taken by the Texas Department of Insurance that became final during June 2011 include seven license revocations, two ... Texas State Low Cost Insurance Opens Waxahachie Office Texas State Low Cost Insurance (TSLCI) has opened a new location in Waxahachie, Texas, about 20 miles southeast of Dallas. The company ... More South Central News West Washington Court Rules in Single-Car, Underinsured Motorist Case A Washington State couple has been turned down on their appeal of a ruling that said Farmers Insurance can deny their uninsured motorist ... More West News International Lloyd’s Levene, Marsh’s Duperreault Assess Insurance Industry Two industry heavyweights, Lloyd's Chairman Lord Peter Levene and Brian Duperreault, President & CEO of Marsh & McLennan Companies, ... Bermuda Association Lauds Government Progress on Solvency II ‘Equivalence’ While U.S. regulators are beginning to be worried about the impending imposition of the European Union's Solvency II regulations for the ... Travel Insurers Pay $7 Million a Week to Stricken UK Travelers Says ABI Travel insurance has become an essential adjunct for UK residents heading abroad on vacations. According to the Association of British ... More International News Join the Insurance Journal Network Insurance Journal TV What's in a Name? Unitrin CEO Southwell Says A Lot A legendary insurance company name is back in the headlines. Unitrin Inc. has taken the Kemper... Watch Now Brokering the Hot Cyber Liability Market With data breaches in the news, cyber liability insurance is gaining recognition. The market... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Insuring multiple LLC's on the Same policy Posted: Thu Aug 18 -- If you do insure multiple LLC's on a single policy, does this now comingle the LLC's together and allow a lawsuit to access all of the LLC's... Eagleeye Merchant Services Posted: Thu Aug 18 -- I was hoping to see feedback on your post; we have been looking at credit/debit card services for the past 6 months and we have had a lot of... texican Retail to Wholesale??? Posted: Thu Aug 18 -- The key question lies in your previous experience. Have you cycled business through a wholesaler in the past, and do you think you can make... Erik M. Olsen, CIC CA Restaurant WC Posted: Wed Aug 17 -- We Currently use Employers, Hartford, Travelers, etc... I need to know what Companies are really competitive in the small Comp market for... JAM What is the Purpose of An Agency Website? Posted: Wed Aug 17 -- In my experience, once people find something online they like an easy way of getting things done. It doesn't hurt to give the option of... Brand Plumber/Residential Fire Sprinkler Contractor Posted: Tue Aug 16 -- Zurich has a program that is very aggressive...through an MGU in Texas called IRS or IRI...let me look some more and post that, too. LadyBroker Social Media Posted: Tue Aug 16 -- My strange prediction is that any company not utilizing social media will be gone in 5 years. Any big company knows the importance of... TheInsuranceGuy Farmers vs. Independent Posted: Tue Aug 16 -- Unfortunately, I think that you will find the lack of ethics in most major or minor companies for that matter. So that you kind of have to... TheInsuranceGuy Go to Forums Reader Comments Jury Acquits Boston Bodybuilding Firefighter of Fraud Charges Posted: Tue Aug 16 -- Are you kidding me??? How can any jury NOT say this guy is committing fraud? He's "too sore" to do non-lifting inspections as an employee,... Scott says........... U.S. Court Rules Against Obama Healthcare Mandate Posted: Mon Aug 15 -- How interesting life is... The Individual Mandate i.e. "personal responsibility" was touted far and wide by the Heritage Foundation, Grover... Nan Second Court Allows Damages Suit Against Rumsfeld Over Alleged Torture Posted: Thu Aug 11 -- Thanks, Mr. Rumsfeld, for protecting and saving the lives of many Americans. History will be the judge. Realist Florida Court Rules Illegal Workers Entitled to Workers' Compensation Posted: Thu Aug 11 -- The illegal should have been deported and none of court BS would have been necessary. The business owner should have been heavily fined and... Deport Em Virginia 'Guns in Bars' Study Finds Little Effect on Crime Posted: Tue Aug 16 -- This story is not shocking. The criminals were already carrying their concealed weapons into bars. The only difference now is that the... Wayne Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue The Insurance Journal Satire Issue! News that never happened. Features you won't forget. Plus reader submissions, fake statistics, made-up mergers and lots more. 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 Account Manager Professional Cyber Liability Broker Claims Adjuster Have a job opening? List it on our Web site. 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