Daily Headlines: Friday, September 30, 2011

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September 30, 2011

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Today's Headlines National Extreme Weather Makes Portable Generators a Hit Alex Iwashyna didn't realize how many of her neighbors in Richmond, Virginia, had backup generators until her own family bought one in the ... Government Changes Course on Pool Safety Rule Thousands of public pools in cities and towns nationwide will be taking a fresh look at their safety systems after federal regulators ... Big Recall of Little Tikes Play Tool Sets More than 1.7 million toy workshop and tool sets from toy-maker Little Tikes are being recalled because of choking concerns. The Consumer ... More National News East New 75 Mph Limit Puts Maine in the Fast Lane If you drive along Interstate 95 in the nation's far northeastern corner, "it's trees, trees, trees'' for mile after mile, says one ... Fan’s Suit Over Fishbone Stage-Dive Injury in Penn. Upheld A woman who broke her skull and collarbone when a member of the band Fishbone dived from a Philadelphia stage will soon have her day in ... New Jersey Flood Victims Share $116 Million So Far Dina Zampelle expects that by December, her credit score will be as muddied as her central New Jersey home. That's because unless the ... Man Charged with Setting 7 Fires in Frederick, Md. Frederick police have charged a man with setting seven fires in Frederick since March. Thirty-four-year-old Jason Edward Fauble of no fixed ... More East News Midwest ‘Deficient’ Indiana Bridge Needs $8 Million in Repairs Inspections of a bridge that links southwestern Indiana with southern Illinois show that the 80-year-old span needs about $8 million in ... Indiana Fines Aluminum Foundry for Safety Violations State officials have fined a central Indiana foundry more than $10,000 for allegedly violating the state's health and safety regulations. ... Berkshire Unit to Acquire Another Malpractice Firm Berkshire Hathaway's malpractice insurance unit is acquiring the Princeton Insurance Company to expand its business. Medical Protective ... More Midwest News Southeast Alabama Town Strikes Deal With BP Over Lost Revenue The city of Orange Beach has reached a settlement with BP PLC over lost revenues stemming from last year's Gulf oil spill, with the oil ... Alabama Tornado Victims Adjust to Small Mobile Homes The Orricks' 84-foot mobile home had a bath tub with water jets that helped ease Terry Orrick's persistent back pain. Today, Terry and his ... NWS Says Tornado Caused Bolivar, Miss. Damage The National Weather Service has determined a tornado caused damage to homes and business in Bolivar County. Between the hours of 8 p.m. ... More Southeast News South Central Feds Sue Texas Firm for Firing 600-Pound Employee The federal government has filed suit against BAE Systems alleging the company has violated disability laws by firing a morbidly obese ... Texas Fire Burns Some of Set for 2003 Film “The Alamo” An assistant fire chief in Texas says a wildfire has destroyed part of the set for the 2003 film "The Alamo'' and charred at least 150 ... More South Central News West Calif. Detective Pleads No Contest to Insurance Fraud A Los Angeles police detective has pleaded no contest to workers' compensation insurance fraud for running two private businesses while out ... Calif. City Must Pay $4M for Mudslide Death The California Supreme Court says Mill Valley must pay $4 million to the family of a man killed in a mudslide at their home. Walter Guthrie ... Lady Gaga Sues Nevada-based Company Over Trademark Bids Lady Gaga says a Nevada-based company is trying to horn in on her fame to market cosmetics and jewelry. She's suing in New York. The Grammy ... More West News International 28 Bodies Bring India’s Monsoon Flood Toll to 335 Authorities stepped up efforts Thursday to deliver food and evacuate villagers stranded by monsoon flooding in eastern India, as searchers ... Signal Maker: Not to Blame for Shanghai Rail Crash The China-based maker of signaling systems for the Shanghai subway line where two trains crashed this week, injuring 284 people, said ... Trains Collide in Venezuela, Toll Unclear Venezuela's transportation minister says two trains have collided outside Caracas and that officials are headed to the site. Transportation ... Strong Quake Rocks Northeast Japan A strong earthquake has rocked northeastern Japan, which is still recovering from the devastating tsunami six months ago. The quake ... More International News Connect with Claims Journal Claims Journal TV 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... Watch Now Managing the Risks of Summer Festivals Crowd control, stage collapse, food safety – these are concerns facing carriers that insure... Watch Now Watch more videos at InsuranceJournal.tv

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Daily Headlines: Friday, September 30, 2011

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September 30, 2011 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Nationwide, Harleysville CEOs Reassure Agents: Merger All About Growth The merger of insurer Nationwide Mutual with regional carrier Harleysville Mutual is all about growth, not only for the companies but also ... Federal Flood Insurance Program Extended Briefly The House of Representatives yesterday approved a temporary continuing resolution that funds the government through next Tuesday, Oct. 4, ... SEC Concedes Challenges in Probes of Rating Agencies The U.S. Securities and Exchange Commission faces hurdles proving wrongdoing at credit-rating agencies, the agency's enforcement chief ... Federal Agency Alters Public Pool Safety Rule Thousands of public pools in cities and towns nationwide will be taking a fresh look at their safety systems after federal regulators ... Millennium Brokerage Forms Long Term Care Program Through Physicians Financial Millennium Brokerage Group (MBG) has launched a new long term care (LTC) program that will be available to physicians and their families ... 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 values. ... Online Service Tracks Motor Carrier Insurance, Certificates Insurance agents and brokers frustrated with issuing certificates of insurance for transportation risks may have a friend in an Oregon... More National News East D.C. Metro Sues Insurer Lexington for $13M Over Lost Revenue Washington Metropolitan Area Transit Authority has recently filed a lawsuit against its insurer Lexington Insurance Co. of Boston charging ... Berkshire Hathaway to Buy N.J.-based Princeton Insurance Berkshire Hathaway's medical professional liability insurance unit, Medical Protective Co., is purchasing New Jersey-based Princeton ... New Jersey Flood Victims Have Received $16M in Federal Aid Dina Zampelle expects that by December, her credit score will be as muddied as her central New Jersey home. That's because unless the ... Irene Generated 28,500 Insurance Claims in Massachusetts Tropical Storm Irene has generated an estimated 28,500 claims, totaling over $90 million in Massachusetts, according to latest estimates by ... New York Law Requires Risk Reports by Group Homes New York Gov. Andrew Cuomo has signed a law requiring that group homes and other private facilities licensed by the state to house  ... Pennsylvania Injury Lawsuit Over Band’s Stage-Diving Upheld A woman who broke her skull and collarbone when a member of the band Fishbone dived from a Philadelphia stage will soon have her day in ... Allstate, Encompass Fined for Violating Delaware Insurance Law Delaware Insurance Commissioner Karen Weldin Stewart has fined Allstate Insurance Co. and its subsidiary Encompass Insurance Co. a total of ... More East News Midwest Plaintiffs Notch Legal Win in Illinois Cigarette Suit The Illinois Supreme Court has cleared the way for plaintiffs' attorneys to push that a $10.1 billion verdict against cigarette-maker ... Kansas Storm Damage Insurance Claims Set Record Spring and summer storms in Kansas have led to more than $1 billion in insurance claims this year. The Kansas Department of Insurance ... MJ Insurance Named Best Practices Agency for 8th Consecutive Year Indianapolis, Ind.-based property/casualty and employee benefit agency, MJ Insurance, for the eighth consecutive year has been recognized ... Ohio Workers’ Comp Bureau: Lower Rates for Public Employers Proposed Ohio Bureau of Workers' Compensation (BWC) Administrator/CEO Stephen Buehrer has proposed an overall five percent decrease in rates for ... More Midwest News Southeast Nursing Home Case Spotlights West Virginia’s Malpractice Damages Cap Lawyers for a West Virginia nursing home are preparing to take a case to the state's Supreme Court on the grounds that a $91.5 million ... After Embezzlement Claim, Insurer Drops Tennessee County’s Policy Officials in Shelby County in Tennessee said their insurance company is not renewing the county's policy protecting against financial ... BP Pays Alabama City $1.2M for Revenues Lost Due to Oil Spill The city of Orange Beach, Alabama has reached a settlement with BP PLC over lost revenues stemming from last year's Gulf oil spill, with ... Failed Alabama Bank Executives Settle Investor Lawsuit for $10.5M Officers and directors of failed Colonial BancGroup in Alabama, including Auburn University trustee Bobby Lowder and former Auburn football ... More Southeast News South Central Agriculture Losses from Texas Wildfires Adding Up In addition to the $5.2 billion in agricultural losses as a result of the drought in Texas this year, an additional $150 million in losses ... Texas Man Sentenced to 60 Years for $100M Insurance Fraud After hearing tearful testimony from several people whose life savings were stolen, a federal judge in Virginia sentenced a former Texas ... Oklahoma Governor Announces Storm Shelter Rebate Offer Oklahoma homeowners will be eligible for a cash rebate of up to $2,000 for the installation of a qualified tornado shelter under a program ... Shoemake Ushered in as President of Alamo Chapter of CPCU The Alamo Chapter Society of Chartered Property and Casualty Underwriters (CPCU) in San Antonio, Texas, announced that Susan G. Shoemake ... Harris County Flood Control District Unveils New Flood Mapping Tool The Harris County Flood Control District announced it has launched a new tool to help Harris County, Texas, residents gain knowledge about ... More South Central News West Workers' Compensation Rate Hike for Oregon The Department of Consumer and Business Services announced the pure premium rate for workers' compensation will increase 1.9 percent ... Wells Fargo’s Insurance Unit Buys Reno Firm The insurance unit of Wells Fargo & Co. has purchased ISU Stetson-Beemer Insurance, an insurance brokerage and consulting firm in Reno, ... MOC Insurance Services Combines with San Francisco Insurance Center San Francisco Insurance Center has joined MOC Insurance Services, the two Northern California firms announced on Thursday. Van Maroevich, ... Aon Hires Two SVPs to Meet Southern California Growth Judy Bamberger has been named senior vice president of business development for Los Angeles office of Aon Risk Solutions, a risk management ... More West News International IAIS Study Indicates Big Insurers May Not Face Same Capital Rules as Banks Insurance companies judged too big to fail are likely to face different rules than their banking counterparts, who were told this week that ... Global Insurance Rates Flat Overall in Q3 Says Marsh Insurance rates are rising for property in high-risk areas, while rates are falling for many lines of professional insurance, leading to an ... Shell Singapore Refinery May Shut for a Month; Distillates Force Majeure Royal Dutch Shell's Singapore refinery may remain shut for at least a month, industry sources said, and the company declared it would not ... Typhoon Nesat Hits Hainan Island, China Mainland; AIR Analysis Catastrophe modeling firm AIR Worldwide's latest bulletin on Typhoon Nesat notes that it "made landfall as a moderate Category 1 storm on ... Climate Aid Progress May End Kyoto Rancor U.N. climate talks resume in Panama next week, but expect more action in Cape Town 10 days later, where an informal panel will quietly ... North P&I Club, GRAY PAGE to Vet ‘Armed Maritime Security Providers’ The North P&I club announced that it has joined forces with specialist maritime intelligence, investigation and crisis management ... Ex- Swiss Re CEO Coomber Named as New ClimateWise Chairman ClimateWise, the global insurance industry's leadership group on climate change, announced that John R. Coomber, Swiss Re's former CEO ... More International News 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 Artisan Contractor w/ Res Comp Ops (CA) Posted: Fri Sep 30 -- Hello All, Are any of you aware of what carriers write CA Artisan Contractors w/ Residential Completed Ops (1185 or equiv). Most carriers I... EricCBIAIns Insurance to Value on Homes Posted: Thu Sep 29 -- At present the cost to rebuild a home in Los Angeles county using the highest level of basic materials without going custom is just below... rodgwag Do you purchase Damage Waiver when renting a car? Posted: Thu Sep 29 -- Thanks to all who replied. John J90 Apartment complex wants to be additional interest Posted: Wed Sep 28 -- Purple I so agree with you on you 'Pet peeve" B. I have had long drawn out arguments with banks on HO6's who think they know better than I... Brenda H Office manager - HELP with procedures & workload Posted: Wed Sep 28 -- Look in to this group. I have attended a couple of their sessions that do have a system that really works with workflow to eliminate back... bondgirl12 Social Networking in need of General Liabilit Posted: Wed Sep 28 -- I am not a lawyer but they may not have liability if they fall under section 230 of the Communications Decency Act. Obviously, they should... ahickmann Electronic Cigarette Liability Posted: Wed Sep 28 -- I can definitely assist with GL, Product Liability and Product Recall. My contact information is shown below. Look forward to being of... Adame526 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 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 Republican Ryan Proposes Individual Health Insurance Tax Credit Posted: Wed Sep 28 -- "Giving patients and consumers control over health care resources would make all Americans less dependent on big business and big... The Other Point of View Feds Sue Texas Firm for Firing 600-Pound Employee Posted: Thu Sep 29 -- This individual is a high hazard, and the Federal Government is butting in where they have no business being. Maybe Michelle will straighten... BMR Judge Lets Agent Orange Case Against Monsanto Proceed Posted: Thu Sep 29 -- I revel in any event that throws a wrench in the gears of this machine of evil. Only people can be evil, but the totality of the... Stephon Smith 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 VP, Underwriting Executive Vice President of Insurance Operations Account Executive - High Net Worth Personal Lines Insurance Manager Client Services, Commercial Lines 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. View our Media Kit for advertising options in our magazines and online properties. Subscribe | Unsubscribe | Send to a Friend | Contact Us 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: September 30, 2011

Having trouble reading this email? View it in your browser. Not interested anymore? Unsubscribe Instantly.    Market Directory | Featured Articles | Latest Forums | Ask a Question September 30, 2011 Market Announcements Assisted Living Facilities Primary / Excess/ Buffer / DIC / Inland Marine / Ocean Marine / Quota-Share/ Deductible Buy Downs / Single Peril Options States: All states View details Contractors *Over 100 Types of Contractors *Residential and Commercial *Minimum Premium lowered from $10,000 to $7,500. *Carrier increased from ... States: All except CA, CO, NY View details Outfitters & Guides K&K offers two options for insurance coverage for guide operations: our traditional program for larger organizations needing more ... States: All states View details Hotel Hotel package coverage with optional enhancements. Direct bill or agency bill at agent's discretion. We can quote from any ... States: AR, CA, CO, FL, IL, KS, LA, MN, MO, NM, OK, TX, WI View details Vacant Dwelling - Texas This program is designed for residential vacant property. Property values up to $40,000-$350,000 are acceptable. Coverage is ... States: TX View details Feature Articles Online Service Tracks Motor Carrier Insurance, Certificates Insurance agents and brokers frustrated with issuing certificates of insurance for transportation risks may have a friend in an Oregon... Read more 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... Read more More Optimism, but Plenty of Controversy Surrounds Mortgage Broker E&O Segment Insurance agents serving the mortgage broker marketplace see some signs of improvement but they aren't yet jumping for joy. The mortgage... Read more Latest Forums Re: Needing E&O Insurance I’d love to take a crack at this for you. by EJWeibel on Fri Sep 30, 2011 WC for Staffing Co. Looking to find a work comp market for a staffing co. that brings over nurses from the Philippines and places them in hospitals ... by jeremyculp on Thu Sep 29, 2011 Forklift repair on job site- California Mobile forklift repair and comm auto. No delivery or transport. by BENKINS on Wed Sep 28, 2011 Re: Electrical Contractors We can help on the Workers' Comp exposure, send all information or visit our website ... by ram-insurance on Wed Sep 28, 2011 Re: shipping insurance for packages (like UPS) for over $100 a claim Your client may need an open cargo policy.  We are marine only brokers - please feel free to contact me ... by bmccl3llan on Tue Sep 27, 2011 Ask a Question Join the conversation, ask your question to our community of more than 15,000 property casualty professionals. Get started today!   Member Tools Know someone who might be interested in the email? Why not forward this email to a friend. Find exactly what you need. Search our database of more than 700 companies and 22,000 market listings. Login to your MyNewMarkets account. Not a member yet? Sign up now! Connect with MyNewMarkets Click here to forward this email to a friend. MyNewMarkets.com Daily newsletter combines our comprehensive market database with industry and coverage overviews to give agents a deep resource to educate and connect with opportunities. Unsubscribe enquiries673.pheaton@blogger.com from this list. Contact Us: 3570 Camino del Rio N Ste 200 San Diego CA, 92108 (800) 897-9965 Copyright (C) 2011 Wells Publishing, Inc. All rights reserved.

Daily Headlines: Thursday, September 29, 2011

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September 29, 2011

News By Region  National  International  East  Midwest  Southeast  South Central  West

Today's Headlines National Nationwide and Harleysville Combine Nationwide Mutual Insurance Company and Harleysville Mutual Insurance Company and Harleysville Group Inc. today announced they have entered ... Reebok to Pay $25M Over Toning Shoe Claims Reebok International Ltd. will pay $25 million to customers to settle charges by the Federal Trade Commission that it made deceptive claims ... Chubb Q3 Disaster Losses Up to $475 Million Property insurer Chubb Corp Wednesday warned it would report up to $475 million in pretax catastrophe losses in the third quarter, most of ... E. Coli Scare Prompts Tyson to Recall Ground Beef Tyson Fresh Meats Inc. is recalling about 131,300 pounds of ground beef because a family in Ohio fell ill after eating meat produced by the ... More National News East Mass. Court Orders Chiropractor to pay $859,000 to Encompass A Suffolk Superior Court judge ordered Jason Corbett and his chiropractic clinics (including Franklin Field, Hyde Park and Union Street ... Washington D.C.’s Metro Files Lawsuit Against Insurer Washington D.C.'s Metro has filed a lawsuit seeking more than $13 million from its insurance company, claiming that it has failed to pay ... December Service Promised on Irene-Wrecked New York Rails The Metro-North Railroad says service will resume along the length of the Port Jervis line by the end of the year. The line serves about ... Pennsylvania Company Recalls Pureed Pork Products Federal authorities say an eastern Pennsylvania company is recalling about 5,550 pounds of pureed pork products that may contain foreign ... Coverys Hires Geraldine Russell as Claim Representative Coverys, formerly ProMutual Group, a provider of medical professional liability insurance, recently hired Geraldine Russell, Esq. as a ... More East News Midwest Kansas Storm, Crop Damage Estimates Over $1B Mark Storm and crop damage estimates in Kansas for 2011 have hit a record $ 1 billion, according to Kansas Department of Insurance (KID). ... 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 ... Illinois AG Sues Chicago Area Home Repair Contractors Three lawsuits against fraudulent home repair businesses accused of cheating Chicago area homeowners out of more than $600,000 for repairs ... Minnesota Hospitals Warn Patients Laptop Stolen Hospital officials say thousands of patients at Fairview and North Memorial hospitals may have been exposed to potential identity theft ... More Midwest News Southeast One Frustrated Florida County Tackles Auto Insurance Fraud On Its Own One county in Florida has decided not to wait on state lawmakers' promise to address the insurance fraud and fix the state's automobile ... Travelers Drops Tennessee County’s Fraud Protection Policy Officials say an insurance company is not renewing Shelby County's policy protecting against financial crimes, a move that stems from an ... Legoland Florida Rides Won’t be Regulated by State Officials say the roller coasters and other rides at Legoland Florida won't undergo state safety inspections. That's because the theme ... Georgia Plant Faces $64,000 OSHA Penalty The Dixon Ticonderoga distribution center and imprinting plant in Macon faces a $64,000 penalty from the federal Occupational Safety and ... More Southeast 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 ... Texas-based Halliburton Must Pay $200M for Defective Bolts Halliburton Co. said Wednesday that as a result of an arbitration panel ruling, it must pay Barracuda & Caratinga Leasing Co. $200 ... Louisiana Insurance Agent Arrested on Fraud Charge A Metairie insurance agent has been arrested on suspicion of filing a fraudulent insurance claim for a car accident. The state Department ... More South Central News West Napa, Calif. Insurer Agrees to Settlement in Harassment Suit A Napa insurance company has agreed to pay $230,000 to two female employees who claimed they were fired after complaining about sexual ... Arizona Dust Storm May Have Caused 7 Car Wreck A dust storm is moving through Arizona and may have caused a seven-car wreck on Interstate 10 that injured 13 people. Hector Vasquez, a ... Crews Check for More Gas Leaks in Seattle, Wash. Puget Sound Energy crews worked through the night checking for more natural gas leaks in the north Seattle neighborhood where a home ... Calif. Worker Killed During Oil Rig Construction A California oil field worker has been killed when a support beam collapsed during construction of a new drilling rig in Ventura County. ... Calif. Judge Allows Punitive Damages in Scout Molestation Suit A California judge says a boy suing the Boy Scouts of America for troop leader sexual abuse can seek punitive damages. The Santa Barbara ... More West News International 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 ... Shanghai Subway Crash Revives Safety Concerns A crash on one of Shanghai's newest subway lines, the latest stumble in China's rush to roll out modern services, is focusing attention on ... Methane Forces Closure of Brazil Shopping Mall Officials have ordered one of Brazil's biggest shopping malls to close due to risk of a methane gas explosion. The Sao Paulo State ... More International News Connect with Claims Journal Claims Journal TV 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... Watch Now Managing the Risks of Summer Festivals Crowd control, stage collapse, food safety – these are concerns facing carriers that insure... Watch Now Watch more videos at InsuranceJournal.tv

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3570 Camino del Rio North, Suite 200

San Diego, CA 92108

(800) 897-9965

Copyright © 2011 by Wells Publishing, Inc.