Wednesday 31 August 2011

Daily Headlines: Wednesday, August 31, 2011

Claims Journal Daily Headlines
August 31, 2011
News By Region  National  International  East  Midwest  Southeast  South Central  West

Today's Headlines

National

Fighting Insurance Fraud: The “Fraud Dog” Talks Tactics

Linda Webb has a background in fighting crime and fraud. A stint early in her career as a white collar crime detective led in 1994 to a ...

Holes Remain in Flight School Scrutiny After 9/11

Ten years after the 9/11 attacks, government screening has made it harder for foreign students to enroll in civilian flight schools like a ...

Tropical Storm Katia Strengthens in the Atlantic

Tropical Storm Katia has formed and is slowly strengthening as it moves across the Atlantic. Katia has maximum sustained winds late Tuesday ...

Lexington Insurance Company Expands Spoliation Insurance Product

Lexington Insurance Company, a Chartis company, announced its spoliation insurance endorsement will be offered to a broad array of ...

MSHA to Publish Rule on Proximity Detectors

Federal regulators are publishing a proposed rule this week that would require U.S. underground mines to install equipment which ...
East

Hurricane Knocks Out Power to New York Jets Homes, Facility

Bart Scott's home in New Jersey has no power because of Hurricane Irene, and he's unsure when the lights will go back on. Still, the New ...

Massachusetts City Settles Suit Alleging Police Brutality

The city of Worcester has settled a federal lawsuit brought by a woman who alleged that two city police officers beat and falsely arrested ...

Virginia County School Damage Estimate Could Reach $60 Million

Louisa County officials say it could cost up to $60 million to replace a high school and an elementary school damaged by last week's ...
Midwest

Nebraska Claims Examiner Pleads Guilty to Mail Fraud

An Omaha man has pleaded guilty to mail fraud while he was working as a claims examiner for an insurance company. The U.S. attorney's ...

Former Missouri Priest Faces Seventh Sexual Abuse Lawsuit

A former Kansas City priest is named in a seventh lawsuit accusing him of sexual abuse. The lawsuit filed Monday against the Rev. Hugh ...

Indiana Attorney General Seeks Dismissal of 1 Fair Collapse Lawsuit

Indiana's attorney general wants a judge to dismiss one of the lawsuits filed over the Indiana State Fair's deadly stage collapse. Attorney ...

Wisconsin Clinic Warns of Possible Disease Exposures

A Madison-based clinic is trying to track down hundreds of patients after a nurse apparently spent years improperly using diabetic ...
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Southeast

Collapsed Wastewater Basin in Tennessee to be Replaced

The operators of Gatlinburg's wastewater treatment plant say a concrete basin that collapsed, killing two workers and allowing millions of ...

Kentucky Man, 78, Charged After Road Rage Crash Injures Two

Police have charged a 78-year-old Corbin man who they say forced his older brother and sister's van off a road and into a parked service ...
South Central

Louisiana’s Justice Department Obtains $70K Settlement in Housing Lawsuit

The Justice Department says a group of New Orleans landlords has agreed to pay $70,000 in damages and penalties to settle a lawsuit ...

Arkansas Man in Plane Spots Home Being Burglarized

A Bay man on his first airplane ride asked the pilot to fly over his home so he could take some aerial photos. What he saw was two men ...

Ex-Volunteer Firefighter in Texas Accused of Arson

A former volunteer firefighter in North Texas has been accused of arson. Johnson County Sheriff Bob Alford says 21-year-old Patrick David ...
West

County, Couple Settle Oregon ‘Treesort’ Suit

A Washington state couple has settled a lawsuit against Josephine County for $1.2 million after they were injured in a fall from a ...

NTSB to Decide Cause of Gas Pipeline Explosion

A federal safety panel on Tuesday is expected to reveal the results of a yearlong investigation into a natural gas pipeline explosion near ...

Arizona Man Survives Pruning Shears Impalement

Hospital officials say an 86-year-old Arizona man is lucky to be alive after he accidentally impaled himself with pruning shears. ...
International

Cost of New Zealand Quakes Rises to $17 Billion

The cost of the deadly sequence of earthquakes in the New Zealand city of Christchurch has gone up, and will now likely top $17 billion. ...

Powerful Quake Hits Off East Timor; No Damage

A powerful earthquake hit waters off East Timor on Tuesday, but officials said it was too deep to trigger a tsunami. There were no reports ...

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Liberty Mutual's Latest Predictive Model Targets High Cost Workers' Comp Claims

In an interview with Claims Journal, George Neale, Liberty Mutual general manager for claims...
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Managing the Risks of Summer Festivals

Crowd control, stage collapse, food safety – these are concerns facing carriers that insure...

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Insurance Journal Classifieds Alert: Wednesday, August 31, 2011

Insurance Journal Classifieds
August 31, 2011

In this Issue


Featured Job of the Week

Claims Adjuster

Insurance Claims Specialist/Adjuster All applicants must hold a Texas Insurance Adjuster's license Exciting Opportunity in Houston! We are a rapidly...
Location: Houston, TX
Agents / Producers / Sales

Professional Cyber Liability Broker

S.H. Smith & Company, Inc. is one of the largest independently owned excess and surplus brokers in the country. For many lines in various regions, we...
Location: Hartford, CT
More Opportunities [return to top]
Claims

Claims Adjuster

Insurance Claims Specialist/Adjuster All applicants must hold a Texas Insurance Adjuster's license Exciting Opportunity in Houston! We are a rapidly...
Location: Houston, TX

Claims Adjuster

POSITION SUMMARY This position is responsible for handling all activities from beginning to end on any claims made by or against policyholders....
Location: Sandy, Utah and Telecommute, UT

Experienced P & C Claims Adjuster

About the Job: We offer a professional work environment that fosters individual growth and rewards performance. This is an "inside" position at our...
Location: Woodland Hills, CA
More Opportunities [return to top]
Customer Svs / Admin / Ac Mngmt

Account Manager

We are looking for an experienced Commercial Account Manager to handle construction accounts, large property risk & other large commercial accounts....
Location: Sacramento, CA

Commercial Lines Assistant

Licensed Commercial Lines Assistant with minimum of 3 years experience, must have AMS360 experience That can perform the following functions: Assist...
Location: Lomita, CA
More Opportunities [return to top]
Marketing

Sales/Marketing Rep

Non-std auto ins co Sales/Marketing Rep. Will be responsible for the mgmt & growth of our products distributed to the agents via face to face and...
Location: New Mexico, NM

MS Marketing Rep

Non-std auto ins co Sales/Marketing Rep. Will be responsible for the mgmt & growth of our products distributed to the agents via face to face and...
Location: Mississippi, MS

Marketing Rep Commercial Lines - Two Positions in So California

At Financial Pacific Insurance Company, the newest member of the United Fire Group, rated A (Excellent) by A.M. Best Company, our commitment is to...
Location: San Diego & Riverside, CA
More Opportunities [return to top]
Other Insurance Jobs

Independent Loss Control Representatives

Alexander & Schmidt, a loss control service company, is seeking experienced part time independent loss control consultants throughout the eastern...
Location: Fredericksburg, VA

Senior Manager

Raleigh-based insurance company seeking senior manager to oversee and grow expanding market. Must have managerial experience in insurance industry;...
Location: Raleigh, NC

Vice President, Insurance Advisory DFA

Vice President, Insurance Advisory DFA This role is to support the Insurance portfolio management team in further expanding our insurance asset...
Location: Columbus, OH

Looking to take your career to the next level?

Looking to take your career to the next level? We are looking for insurance professionals with backgrounds in agency automation, consulting,...
Location: Anywhere, IL

Executive Vice President - Insurance Operations

Our client is a central Pennsylvania regional insurance company, which markets property and casualty coverage for autos, homes and business through...
Location: Central , PA
More Opportunities [return to top]
Underwriting / Risk Mngmt

Personal Lines Senior Management

Would you like to balance an exciting, fulfilling career with the added satisfaction of advocating for the "public good"? Do you have broad based...
Location: Sacramento, CA
More Opportunities [return to top]
Agencies For Sale / Wanted

SoCalInsuranceBroker.com - P&C Lead Generating Site

SoCalInsuranceBroker.com is a highly ranking website for California P&C Insurance traffic and leads. Google, Yahoo, and MSN(Live.com) Traffic and...

P&C Insurance Company & RRG Management Co. For Sale

Merger & Acquisition Services is currently assisting in the sale of: 50 State Admitted P&C Insurance Company Med Mal RRG Management Company...
More Agencies For Sale / Wanted [return to top]

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3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2011 by Wells Publishing, Inc.

Daily Headlines: Wednesday, August 31, 2011

Sponsored by: City of Hope. Strike Out Cancer. Hosted by: Midwest Insurance Committee. October 5th, 2011. Lucky Strike Lanes, Chicago. Click here for more information.
Insurance Journal Daily Headlines
August 31, 2011
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Insurer Ratings Unaffected, Stocks Rally As Losses from Irene Look Manageable

Loss estimates from Hurricane Irene continued to fall and ratings agencies said insurers would have no problem with claims, helping boost ...

Can Federal Flood Insurance Handle Irene Losses?

The only thing worse than getting flooded out of your home once is getting flooded out of it twice. Or, for that matter, over and over ...

Irene’s Impact on Private Insurance Markets

The $7 billion in estimated losses from Hurricane Irene compound the vast damage caused by weather in the United States this year. Yet ...

Irene’s Impact on Fragile U.S. Economy

The struggling U.S. economy should escape largely unscathed from Hurricane Irene and may even get a boost from reconstruction. Irene, which ...

AIG Suit Against Bank of America Raises Disclosure Issues

Top Bank of America Corp. lawyers knew as early as January that American International Group Inc. was prepared to sue the bank for more ...

Judge Blocks Punitive Damages in Fossamax Claim Against Merck

A federal judge on Tuesday threw out part of a bellwether lawsuit against Merck & Co. over claims that its osteoporosis drug Fosamax ...

Best Affirms Ameriprise Financial and Subs Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of 'A+' (Superior) and issuer credit ratings (ICR) of "aa-" of ...

General Star Launches Nutraceutical Binding Authority Program

General Star has launched a delegated authority platform to distribute its NutraAdvantageproduct nationwide. Wholesale broker Worldwide ...

NAS Enhances Tenant Discrimination Insurance

NAS Insurance Services' tenant discrimination insurance no longer includes co-insurance.  NAS' tenant discrimination insurance also ...

From MyNewMarkets.com LexArchaeology Provides Construction Owners Peace of Mind in Troubling Times

Even though the rate of new construction projects has dipped significantly since 2008, those that are funded, especially large commercial...

Webinar: Beyond Basic Training Information Session (join us free)

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East

Forecast: Few Insured for Irene’s Losses in Connecticut

Only about 30 percent of property losses inflicted by Tropical Storm Irene in Connecticut will be covered by insurance, according to an ...

Jury Finds Naval Officer Guilty of Defrauding 9/11 Victims’ Fund

A retired naval officer honored for his valor during the Sept. 11 attack on the Pentagon has been found guilty of defrauding the victims' ...

Maine's Northeast Bancorp Sells Its Insurance Group to 2 Local Agencies

Lewiston, Maine-based Northeast Bank Insurance Group has been acquired by local agencies in two separate transactions effective Sept. 1. ...
Sponsored by: Insurance Journal. Unleash Your Inner Geek. Click here to geek out! Or find 'Insurance Geek' on Facebook. Click here for more information.
Midwest

Former Nebraska Insurance Claims Examiner Pleads Guilty to Mail Fraud

An Omaha man has pleaded guilty to mail fraud while he was working as a claims examiner for an insurance company. The U.S. attorney's ...

New Illinois Law Meant to Help Smokers Kick Habit

A new Illinois law requires insurance companies to offer coverage for services meant to get smokers to kick the habit. The American Lung ...
Southeast

Home Insurers in Georgia Seek Rate Hikes

A year after most Georgia insurers increased homeowners premiums by 9 to 23 percent, a new wave of increase requests is pending. State ...
South Central

Man Sentenced to Life in Louisiana for Death of Insurance Agent

Calling the crime a "despicable act," a Louisiana judge has sentenced a 22-year-old man to life in prison in the killing of a Georgia ...

Louisiana Worker Insurance Program Valued at Up to $217M

The market value of a state worker health insurance program that Gov. Bobby Jindal is considering privatizing has been pegged between $133 ...

TDECU Insurance Agency Welcomes New President

TDECU Insurance Agency LLC in Lake Jackson, Texas, has added Wesley "Wes" Wolff as president. He brings more than 30 years of insurance ...
West

Judge Limits ‘Housewives’ TV Star’s Damages for Wrongful Firing

A judge urged attorneys to try to settle Nicollette Sheridan's wrongful termination lawsuit over her ouster from "Desperate Housewives"  ...

Driving Deaths Continue to Decline in Arizona

Arizona's transportation department says that driving-related deaths continued to decline last year. The Department of Transportation's ...
Arrowhead General Insurance Agency. Full Auto Coverage for College Bound Students. Click here to become a producer and find out more.
International

Irene Losses Won’t Trigger Policy Payouts – CCRIF

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced that, "while Hurricane Irene resulted in registered losses in six of ...

Swiss Re Sigma Study Examines Government/Private Sector Coverage

Swiss Re's latest sigma study  - "State involvement in private insurance" - examines the increasing symbiosis between governments and the ...

Report Says Asia to Add 1.66 Million Millionaires by 2015

Asia will add 1.66 million dollar-millionaires by 2015, taking the total number of wealthy to 2.82 million as the world's fastest-growing ...

Marsh Acquires African Insurance Business of Alexander Forbes

Global insurance broker Marsh said it will acquire the brokerage business of Alexander Forbes. This business comprises Alexander Forbes ...

Webinar: Top 7 CGL Coverage Questions

New from Insurance Journal's Academy of Insurance

Help get a better understanding of the underwriting thought process.

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Insurance Journal TV

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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...
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Brokering the Hot Cyber Liability Market

With data breaches in the news, cyber liability insurance is gaining recognition. The market...

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New Discussions in the Forums

CPCU classes vs. CLU classes
Posted: Wed Aug 31 -- Anyone have any info on future CLU conferment ceremony locations?? PatsFan2001
Lifted trucks - who insures them? Above 6''
Posted: Tue Aug 30 -- I have customers with greater than 6 inch lifts.. who insures this? Many companies accept small lifts, but nothing beyond 6 Thanks Uni meytai
Why Would an Agency Retain Trust Account Service?
Posted: Tue Aug 30 -- My agency maintains separate fiduciary accounts for each carrier (9) we have 'sweeps' for. This way one carrier cannot 'accidentally'... darnovak
Book recommendation for starting an agency?
Posted: Tue Aug 30 -- In addition to reaching out to different agency owners for advice/counsel/mentoring, etc., you may wish to look at the publications offered... Rainmaker
Preparing for the New York State brokers' license exam
Posted: Mon Aug 29 -- Can anyone please recommend study material to use in preparing for the second exam for the NY State licensing requirement for insurance... John J90
CIBA Insurance purchasing group...Help
Posted: Sat Aug 27 -- While I am hoping Hurricane Irene doesn't cause significant damage to the east coast, I am curious to see what will happen if some of these... HOA Expert
GMAC AUTO IN CA
Posted: Sat Aug 27 -- Had them for 2 years before I switched to GEICO. Very good customer service and very easy for claims. Thing is their prices are jacked up. I... London946

Reader Comments

California Surfboard Maker Faces Product Liability Claim
Posted: Mon Aug 29 -- Anyone in action sports will be injured at one time or another. It's part of the game. What surfer hasn't been cut by his fin or hit in the... OC agent
With FEMA Running Low on Funds, Irene Revives Budget Battle
Posted: Tue Aug 30 -- Not to worry. Geightner and Bernanke will just crank out the money for FEMA. God forbid if a few of the several hundred other Federal... Longtime Agent
Allstate Files $5 Million Insurance Fraud Case in New York
Posted: Wed Aug 24 -- "Black and white proof"? Sorry Eddie K. sounds like you just have a bone to pick about a claim that wasn't resolved to your satisfaction. If... Don't buy it
Texas Supreme Court: Bad Faith Claim Inconsistent with Worker's Comp
Posted: Tue Aug 30 -- It is well known that Texas Mutual does not like to be ripped off on fraudulent claims. I have to believe they investigated this incident... Longtime Agent

Current Issue

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.

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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.
Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2011 by Wells Publishing, Inc.

New Markets Daily: August 31, 2011

Having trouble reading this email? View it in your browser. Not interested anymore? Unsubscribe Instantly.

Sponsored by: ISU Group. Got Markets? Get Direct Access to More Carriers. No Premium Requirements. All Commissions Are Yours. Profit Sharing Starts at $1. Proudly Serving Independent Agents Since 1978. Click here for more information.

August 31, 2011

Service and Repair Operations

Garage Liability Coverage, Garage Keepers Legal Liability, Property and Physical Damage written on all types of auto and other vehicle service and repair operations.
States: AL, AK, AZ, AR, CA, CO, CT, FL, GA, ID, IL, IN, IA, KS, KY, LA, MD, MI, MN, MS, MO, MT, NE, NV, NJ, NM, NY, NC, ND, OH, OK, OR, PA, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

Market Announcements

Restaurants, Deli's, Pizza, Food Stores

Continental Brokers, Inc. is a national underwriter of most risks. We pride ourselves in prompt service and are often able to turn ...
States: All states

Above & Underground Storage Tank Owners

Pollution Liability, Environmental Liab
States: All except LA

Hotels/Motels

Writing property and GL coverage for Hotels/Motels in the southeast.
States: AL, FL, GA, LA, MS, NC, SC, TX

Fine Arts and Jewelry

Provides fine art coverage to collectors, galleries, and institutions in California. We offer specialized insurance for fine art ...
States: AZ, CA, GA, NM, NV

Feature Articles

LexArchaeology Provides Construction Owners Peace of Mind in Troubling Times

Even though the rate of new construction projects has dipped significantly since 2008, those that are funded, especially large commercial... Read more

Hurricanes May Be Catalyst for Insurance Rate Increases

Hurricane Irene, the first hurricane to hit the United States in three years, could be the catalyst the insurance industry has been seeking... Read more

Event Cancellation Coverage for UK Riots Rarely Applicable

"Most of the events cancelled were due to the police being need elsewhere," said Simon Lyons, contingency underwriter at London-based... Read more

Latest Forums

Bingo and Beer

I am looking for a market that will write a Bingo Hall that allows patrons to bring their own beer and wine. No sales, just byob.
by deborahggardner on Tue Aug 30, 2011

Assisted living- PKG & Worker's comp.

 I am looking for  Package and W.C markets for Assisted Living Facility in California( NEW VENTURE). Does anyone know the ...
by paul lim on Mon Aug 29, 2011

Package Markets California

I am looking for a package market that will quote a culinary consulting firm and not classify it as a restaurant due to their being ...
by jsanborn on Mon Aug 29, 2011

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