Daily Headlines: Friday, September 2, 2011

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September 2, 2011 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Update: Irene State by State Estimates Catastrophe modeling company Eqecat, whose software is used by insurers to predict exposure to disasters, estimated the economic losses in ... Exercise Programs Lead to Better Work Productivity, Study Finds Taking time out of the work week for an employee exercise program may lead to increased productivity — despite the reduction in work ... Kelley to Lead National Association of Professional Surplus Lines Offices; Bouhan to Retire Brady R. Kelley has been named the executive director of the the National Association of Professional Surplus Lines Offices (NAPSLO) ... 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... More National News East IIABNY, CIBGNY File Appeal of Producer Compensation Disclosure Regulation The Independent Insurance Agents & Brokers of New York and the Council of Insurance Brokers of Greater New York have filed a formal ... Many Rhode Islanders Still Lack Power as State Assesses Irene’s Toll Pawtucket insurance agent Melanie Loiselle-Mongeon's phone began ringing early Monday morning, the day after Tropical Storm Irene blew ... Neighbors Help Neighbors in Flood-scoured New York Town Friends, family, and total strangers are grabbing shovels, mops and buckets to help shopkeepers clear debris left by flooding and salvage ... More East News Midwest Missouri Governor Seeks Detail on FEMA Funding Freeze Disaster-struck communities counting on federal aid for recovery need to know which rebuilding projects will be delayed as money is shifted ... Ohio Says Kentucky Agent Used Fake Names, Revokes License Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor has revoked the resident insurance agent license of Sheri Lyn ... Chronic Flooding in Iowa Town Forcing Residents Out The southwest Iowa town of Hamburg may lose many of its roughly 1,100 residents after the summer-long flood along the Missouri River. ... More Midwest News Southeast Judge Allows Mississippi Suit Challenging Healthcare Law to Continue A federal judge will allow a lawsuit filed in Mississippi challenging part of the Obama administration's health care law to continue. U.S. ... KEMI to Offer Preferred Program to the Kentucky Restaurant Association Kentucky Employers' Mutual Insurance (KEMI) and the Kentucky Restaurant Association (KRA) have launched a new workers' compensation ... More Southeast News South Central Tropical Depression Headed for Louisiana A tropical depression that the National Hurricane Center says may intensify into a tropical storm is currently headed for the Louisiana ... Former Oklahoma Attorney Sentenced for Workers' Comp Fraud, Embezzlement A former Tulsa, Okla., attorney has been sentenced in Tulsa County District Court to 10 years in prison for embezzling more than $1 million ... Texas Mutual Creates Work Comp Safety Group for Houses of Worship Texas Mutual Insurance Co. announced a new workers' compensation safety group: Texas Church Group. The group is open to qualifying ... More South Central News West Ex-workers Sue San Diego for Pension Fraud A lawsuit filed Friday seeks millions of dollars in damages for more than 300 current and former city workers accusing the city of San ... Fire Danger Remains High in Wyoming The risk of wildfires spreading remains high in parts of Wyoming because of hot, dry weather. Firefighters aided by helicopters and tankers ... More West News International Typhoon Talas Heading for Japan A report from catastrophe modeling firm AIR Worldwide, notes that Typhoon Talas, which formed in the western Pacific on the 25th of ... China Orders ConocoPhillips to Halt Output at Bohai Bay Oilfield China's State Oceanic Administration (SOA) has ordered a subsidiary of ConocoPhillips to halt all operations at the Penglai 19-3 oilfield ... Willis Develops New Coverage for Nuclear Exclusion Risk Willis Group Holdings plc announced from its London office that it has developed a new insurance product "to cover business interruption ... S&P Changes Willis Group Outlook to Positive; Affirms Ratings Standard & Poor's Ratings Services has revised its outlook on Ireland-domiciled Willis Group Holdings PLC to positive from stable, and ... Best Affirms Catlin Insurance Companies Ratings; Outlooks Stable A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of 'A' (Excellent) and issuer credit ratings ... AXIS Re Appoints Krenboeck Marketing Director for Latin America Bermuda-based AXIS Capital Holdings Limited announced that Bruno Krenboeck has joined AXIS Re as Marketing Director for Latin America. He ... 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 musicians - IN Posted: Fri Sep 2 -- If your band needs convincing that liability insurance is required refer them to the Great White performance in Rhode Island. With 100 fans... hhrchevy Biomass & Renewable Energy Posted: Fri Sep 2 -- Looking for an general agent that I can refer a couple Biomass account to. Risks are in TX and CA. Kim Lifted trucks - who insures them? Above 6'' Posted: Thu Sep 1 -- I am sure that cochran and co out of spokane washington can get it with Lloyds or some other carrier. They managed to write a auto hauler... 12insure Agency Management System Posted: Thu Sep 1 -- Anybody know if there are agency management systems that are built on the force.com platform from salesforce? Or, does anyone know of a... Afrank CIBA Insurance purchasing group...Help Posted: Wed Aug 31 -- I have seen a CIBA quote recently that included a "Modified Replacement Cost," whereas the insured is allowed to "reduce" the building value... jimmyr1978 CPCU classes vs. CLU classes Posted: Wed Aug 31 -- Anyone have any info on future CLU conferment ceremony locations?? PatsFan2001 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 Go to Forums Reader Comments Kentucky Jury Sides with Doctor In Penis Amputation Malpractice Claim Posted: Fri Aug 26 -- The doctor is negligent - not because he removed the cancer without asking, but how on earth could he perform a circumcision without first... SmartBlondie 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 Costco 'Slurpee Slip and Fall' Suit Stays in New York Posted: Fri Aug 26 -- Anyone want to take bets on where she will travel to after she wins a settlement? Gilburt Gotfried 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 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... 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