Daily Headlines: Wednesday, September 28, 2011

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September 28, 2011 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Business Group Takes Healthcare Law Challenge to Supreme Court A small business group said Wednesday it has appealed to the U.S. Supreme Court in its legal challenge seeking to strike down all of ... Republican Ryan Proposes Individual Health Insurance Tax Credit Republican Rep. Paul Ryan, an outspoken opponent of President Barack Obama's healthcare reform, proposed a plan Tuesday that could ... Facebook Policies Tricky for Employers, Employees In the age of instant tweets and impulsive Facebook posts, some companies are still trying to figure out how they can limit what their ... Rating Agencies Win Dismissal of Ohio Funds Lawsuit The three major credit-rating agencies won the dismissal of a lawsuit alleging that five Ohio pension funds lost hundreds of millions of ... Congress Raises Anxiety, Anger Levels of Disaster Victims For disaster victims rebuilding their homes, towns and lives, the anxiety is matched only by anger at Congress for entangling their future ... Federal Agents Raid Settlement Payments Firm Imperial Holdings Imperial Holdings' shares plunged as much as 75 percent Wednesday, a day after federal investigators raided the offices of the company, ... Insurer Retools Home Value Insurance Coverage Home Value Insurance Co. has re-entered the insurance market with a product that promises to protect homeowners from falling home... More National News East Independent Agents Worried About Nationwide/Harleysville Deal Northeastern independent agents with Harleysville appointments said they are leery about the reported Nationwide/Harleysville deal and have ... Port Authority Cleared of Negligence Claims in ’93 WTC Bombing Last week, New York State's high court cleared Port Authority of New York and New Jersey of negligence claims in the 1993 World Trade ... Judge Narrows $1B Madoff Case vs. N.Y. Mets Owners A federal judge narrowed a $1 billion lawsuit against owners of the New York Mets baseball team by the trustee seeking money for Bernard ... FEMA Again Urges At-risk Communities to Buy Flood Insurance Last month's Hurricane Irene was a rude awakening for many East coast residents and businesses that reminded them the importance of flood ... Workplace Fatalities Decline in Virginia The number of workplace fatalities in Virginia last year fell to the lowest level since the state began reporting such data in 1992. The ... BB&T Expands in Baltimore Area, Acquires Atlantic Risk Management Insurance broker BB&T Insurance Services is acquiring Atlantic Risk Management Corp. of Columbia, Maryland. The move allows BB&T ... More East News Midwest State Fair Collapse Suit Challenges Indiana’s $5M Tort Cap An Indiana law that caps the state's liability for damages at $5 million for a single event violates the U.S. and state constitutions and ... Michigan Oil Spill Cleanup May Cost $700M A pipeline company is increasing its estimate of the cleanup cost of last year's more than 800,000 gallon oil spill that contaminated ... Kinsey Named Senior VP in Lockton's St. Louis Office Insurance broker Lockton has expanded its healthcare practice with the addition of Hal Kinsey as senior vice president, director, ... More Midwest News South Central Ad Campaign Seeks Limits on Civil Lawsuits in Louisiana A coalition of business groups is using an advertising campaign to try to persuade Louisiana's legislature to limit lawsuits including over ... Arkansas Insurance Commissioner Seeks Exchange Support Arkansas' top insurance official has asked lawmakers to support the state's application for a nearly $3.8 million grant to plan for ... Higginbotham Promotes Bateman in Dallas Higginbotham & Associates has promoted commercial insurance broker Mike Bateman to its managing director group for 2012. Bateman, who ... More South Central News West Jones Explains New California Workers' Comp Calculations at Public Hearing California Insurance Commissioner Dave Jones explained during a public hearing in Sacramento on Tuesday why the Workers Compensation ... Robinson Joins Iroquois as Regional Manager of California San Jose-resident Staci Robinson has joined Iroquois Southwest as a regional manager for California. Robinson has more than 14 years of ... Satellite's Impact Pinned NASA has pinpointed where its now famously falling satellite landed, and unless you are an insurer of someone who lives in the middle of ... Washington Insurance Commissioner Fines Insurers $1M This Year for Violations Insurance Commissioner Mike Kreidler has fined insurance companies nearly $1 million so far this year for violating Washington insurance ... US Quake Project Aimed to ID Future Hotspots Scientists have embarked on an ambitious experiment to better anticipate earthquakes by identifying the likeliest places where ... VandeKemp Promoted to Assistant VP of Swett & Crawford Denver Office Gerrit VandeKemp has joined Atlanta-based Swett & Crawford as an assistant vice president, and he will serve as a broker of ... More West News International Huge Floods in Manila as Typhoon Nesat Hits Philippines Manila residents waded through waist-deep floodwaters, dodging branches and flying debris Tuesday as a powerful typhoon sent surging waves ... AIR Analyzes Typhoon Nesat’s Impact on Philippines According to catastrophe modeling firm AIR Worldwide, "Typhoon Nesat (known locally as 'Pedring') made landfall in the eastern Isabela and ... LG Seeks Ban on BMW, Audi Sales in Korea over Osram Lighting Products LG Electronics filed a suit in South Korea, seeking a ban on the sale of BMW and Audi cars, expanding its legal battle over ... Fire at Shell Singapore Refinery Contained A fire at Royal Dutch Shell's petroleum complex offshore Singapore is still burning, but has been contained, although it was not clear what ... Cigna Acquires UK’s FirstAssist Insurance Services to Broaden Product Line Global health services company Cigna announced that it has agreed to acquire FirstAssist Insurance Services, a travel and protection ... Best’s Special Report Sees Mounting Pressure on UK’s P&C Insurers A new report from A.M. Best notes that "intense competition and the effect of the weak economic climate on investment returns and loss ... Aon Appoints Waerseggers to Head European Power Business Aon Risk Solutions, the risk management business of Aon Corp., announced the appointment of Denis Waerseggers to the newly created position ... More International News Sponsored Content The e-Marketing Minute is a bi-weekly video series designed to help insurance agents learn how to grow their agency utilizing the Internet. Check it out. More Sponsored Content Join the Insurance Journal Network Insurance Journal TV Triage Nurses Cut Costs in Workers' Comp What if a business could lower its workers' compensation claims costs by as much as 30... Watch Now PURE Innovation During his 25-year career in the property/casualty insurance business, Ross Buchmueller has... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Office manager - HELP with procedures & workload Posted: Wed Sep 28 -- I have been in the insurance business for 12 yrs, worked for an Exclusive Allstate agent for 11 1/2 years as a Producer/CSR, worked alone... ZVD Electronic Cigarette Liability Posted: Tue Sep 27 -- We are always looking for new markets for e-cigarettes. Wholesalers and Carriers feel free to contact us if this risk fits in your... InsureTime 3 Properties in Texas? Posted: Tue Sep 27 -- I write in Texas and there are many companies who write stand alone dwelling policies here in Texas. You may want to try American Risk. It... beyert1 Why bother with an agency management system? Posted: Tue Sep 27 -- If using an online agency network, what is the point of using an agency management system? John J90 Do you purchase Damage Waiver when renting a car? Posted: Tue Sep 27 -- Short answer - No, it is not worth it. (That is what you asked) Long answer - It might be worth it for some situations. Your insurance... gforaker Social Networking in need of General Liabilit Posted: Tue Sep 27 -- I have a customer who is a social networking website, similar to facebook, twitter, myspace, network dating. They are concerned that what... jman Apartment complex wants to be additional interest Posted: Tue Sep 27 -- I've never worked in personal lines, but we add Landlords as Additional Insured to commercial policies all the time: General Liability ISO... lauren TX -Need Garage coverage- Racing Exposure Posted: Mon Sep 26 -- I'd be glad to help. I've got markets that will assist. Feel free to send me the Acord 125 and the Garage Non-Dealer supplemental if you... Adame526 Go to Forums Reader Comments House Defeats Bill Funding Government; FEMA, Flood Insurance in Doubt Posted: Thu Sep 22 -- Our elected and appointed representatives should be made to contribute to their health care coverage and pay for their family members... Nancy Kentucky Tries to Find Amish Buggies Compromise Posted: Wed Sep 21 -- The problem is that if we cater to one group like this, where does it stop? Do we allow observant Jews to disregard parking ordinances on... Pat Lloyd's Syndicate Withdraws 9/11 Lawsuit Against Saudi Arabia Posted: Wed Sep 21 -- Apparently while Lloyd's representatives were meeting with Saudi officials, Prince Turki bin Faisal Al Saud sneezed and $215 million came... Scott Romoser Florida Firm to Appeal in Bid for Sunken Spanish Treasure Posted: Fri Sep 23 -- If Spain ends up winning this, I think the Florida based company should load the coins and treasure onto a ship, stop right ontop of the... Baxtor IRS Gives Employers Break on Misclassified Employees Posted: Fri Sep 23 -- Is this the way the IRS lets cheaters like State Farm get away from all the taxes they have avoided since 1998, by calling their agents... IRS Coverup? Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue Professional Liability Directory, The Best Insurance Agencies to Work For, Employment/HR Issue September 19, 2011 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 Manager Client Services, Commercial Lines Employee Benefits Client Manager Sr. Underwriter - Fidelity & Crime Territory Sales Managers Have a job opening? List it on our Web site. 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