Wednesday 30 November 2011

Daily Headlines: Wednesday, November 30, 2011

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Claims Journal Daily Headlines
November 30, 2011
News By Region  National  International  East  Midwest  Southeast  South Central  West

Today's Headlines

National

St Jude Advises Doctors of Defibrillator Leads Failures

St Jude Medical Inc has sent a letter to doctors advising them that its Riata leads that connect implanted defibrillators to the heart have ...

Facebook Settles Privacy Case with U.S. FTC

Facebook has settled complaints that it disregarded its users' privacy, agreeing to establish a raft of measures to better protect its 800 ...

Safety Oversight of Government Aircraft Lacking

Nonmilitary government agencies operate more aircraft than the world's largest airline but are subject to little federal safety oversight - ...

BP, Others Face More Citations in Gulf Spill

The Obama administration says BP and two other companies are likely to face new citations for alleged safety and environmental violations ...

Liquid Claims Introduces New Forecast Plus Software Tool

Liquid Claims LLC, a claims settlement services provider for investors involved in securities class action suits, has launched Forecast ...
Sponsored by: Rimkus Consulting Group, Inc. Forensic Engineers and Consultants. A Global Leader in Forensic Consulting Services. Click here for more information.
East

Looking for Love Hazardous for New Jersey Deer and Drivers

It's the time of year when New Jersey's deer population is looking for love, and sometimes in all the wrong places - like on the roads. The ...

Vermont High Court Rules State Police Can Be Sued

Two Vermont State Police troopers who went to the wrong house when asked the check on the welfare of an elderly woman can be sued over her ...

2 Workers Seriously Injured in Fall at Connecticut Campus

State police say two construction workers were seriously injured after falling 30 to 40 feet off scaffolding in Storrs near the University ...

Virginia Gets $2.1M for Storm-damaged Roads, Bridges

Virginia is getting federal help to pay for repairing roads and bridges damaged by Hurricane Irene and Tropical Storm Lee. U.S. Department ...
Midwest

Wis. Court: Claims Can Go to Attorney General’s Headquarters

Talk about your legal technicalities. Three state doctors are fighting a malpractice suit by arguing their patient sent a claim notice to ...

Fire Crews Respond to 6 Suspicious Michigan Fires

The Detroit Fire Department says it responded to six suspicious fires at vacant homes on the city's north side. Arson Unit Lt. Dennis ...

Bus Vandalism Closes Indiana School District

Authorities say thieves stole the batteries from more than two dozen buses belonging to a suburban Indianapolis school district, leading it ...

Jury Awards $27M in Damages Over Indiana Explosion

A jury has awarded $27 million in damages to a family over a propane explosion at a central Indiana horse farm that killed a man and ...

Towering Fire Hits Ohio Insulation Factory

A massive and fast-moving fire at an Ohio insulation factory sent flames shooting two stories high and caused the building's walls to ...
Southeast

Subcontractor Owes Mississippi Navy Base for Stolen Tools

A 61-year-old Long Beach man has been fined $1,000 and ordered to repay the Navy nearly $5,000 for tools stolen while he worked as a ...

U.S. to Pay $2.5M in Florida Man’s Anthrax Death

The U.S. government has agreed to pay $2.5 million to the widow and family of a Florida tabloid photo editor killed in the 2001 anthrax ...

Sheriff: Drag Racing Big Problem for Georgia County

Authorities say drag racing is a serious problem in Burke County, where two people were killed when a car careened out of control during a ...
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South Central

Arkansas Man Sues City for Putting Sewer Part in Yard

An Ashdown, Ark., resident is suing the city for installing a sewer lift station in his backyard without permission. Dale Ford said he ...

Child Injured at Louisiana State Fair Released from Hospital

A 4-year-old boy injured on a ride at the State Fair of Louisiana has been released from the hospital. Sheldon "SJ'' Lewis, of Coushatta, ...

Arkansas to Get $1M to Repair Storm Damage to Roads

Arkansas members of the U.S. House and Senate say the state will get a $1 million grant to repair and rebuild federal highways and roads ...

Texas-based Oil, Gas Contractor Cited in North Dakota

The U.S. Department of Labor's Occupational Safety and Health Administration has cited a Houston-based oil and gas contractor for two ...
West

Blast Tied to Tofu Pan Puzzles Oregon Officials

Fire investigators in Portland, Ore., are trying to figure out how cleaning a pan of tofu could cause an explosion that broke out a window ...

Lawsuit Targets Colorado Cantaloupe Grower

A lawsuit filed on behalf of a Hobbs, N.M., woman who died in September after eating contaminated fruit says food safety auditors gave a ...

Arizona’s Fiesta Bowl Racks Up $5M in Legal Bills

The Fiesta Bowl has spent more than $5 million on lawyers since reports began surfacing nearly two years ago that employees were illegally ...

Tobey Maguire, Others Settle Over Poker Winnings

Tobey Maguire has decided to fold 'em and settle a lawsuit over his winnings from a convicted con man during high-stakes Hollywood poker ...
International

Marmite Accident Closes Major British Highway

It was not your typical road accident. A tanker carrying yeast extract - the key ingredient in that uniquely British spread Marmite - ...

Japanese Judo Coach Fired for Alleged Harassment

Retired two-time Olympic judo gold medalist Masato Uchishiba was fired on Tuesday as a university coach because of sexual harassment ...

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The Scope of Intellectual Property

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Daily Headlines: Wednesday, November 30, 2011

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Insurance Journal Daily Headlines
November 30, 2011
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Facebook Settles Deceptive Practices, Privacy Breach Claims with FTC

Facebook has settled complaints that it disregarded its users' privacy, agreeing to establish a raft of measures to better protect its 800 ...

Safety Oversght of Government Aircraft Lacking

Nonmilitary government agencies operate more aircraft than the world's largest airline but are subject to little federal safety oversight ...

Retiring Rep. Frank Says Wall Street Reforms Safe Without Him

U.S. Representative Barney Frank hit back at speculation Tuesday that his departure next year would undermine the sweeping Wall Street ...

Seneca Creates Surety Division

Seneca Insurance Companies has launched a new product line and operating division for contract and commercial surety. The contract surety ...

Hiscox Designs Terrorism Product for Healthcare Industry

Hiscox has launched a terrorism liability product designed specifically for healthcare risks such as hospitals, physician offices, ...

From MyNewMarkets.com Next Big Thing in Insurance Coverage?

Some in the insurance industry are staking their futures on the reputations of others. That is, they are looking to insure reputational...
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East

Upstate New York Villages Struggle to Rebound After Irene

Storefronts in Schoharie, N.Y., a quaint village flooded out by Tropical Storm Irene, remain mostly empty and temporary trailers are ...

New York City Introduces Haiku Poetry Signs to Promote Traffic Safety

New York City Department of Transportation announced on Tuesday a new traffic safety campaign called "Curbside Haiku." The department is ...

Insurance Groups React to Rep. Barney Frank’s Retirement Announcement

A number of insurance associations have issued statements recognizing the positive work the retiring U.S. Rep. Barney Frank (D-Mass.) has ...

Community Volunteers Should Be Aware of Hidden Risks, Report Warns

'Tis the season to give and many Americans are volunteering in their local charity organizations to help the needy this holiday season. But ...

N.Y.-based USI Insurance Acquires Barros International

USI Insurance Services, an insurance brokerage and financial service firm in Briarcliff Manor, N.Y., completed the acquisition of Barros ...
Midwest

Insurers Pay Out $1.13B for Joplin, Missouri Tornado Damage

Insurance companies have paid out $1.13 billion in claims from the Joplin tornado, and that's expected to climb to as much as $1.9 billion, ...

James River Still Above Flood Stage in Parts of South Dakota

South Dakota officials say some stretches of the James River remain well above flood stage heading into the winter freeze, setting the ...

Feds Reject Indiana Request for Health Care Waiver

The U.S. Department of Health and Human Services has rejected Indiana's bid for an exemption from federal health care overhaul rules that ...
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Southeast

Florida’s HomeWise Insurance Ordered Into Liquidation

A Florida judge has ordered a homeowners' insurer to shut its doors and hand its business affairs over to the state after state regulators ...

Florida Convicts North Carolina Man in $2.7 Million Workers' Comp Fraud

A North Carolina man has been sentenced to four years in a Florida prison and ordered to pay more than $3.1 million in restitution after ...
South Central

Louisiana Workers' Comp Corp. Offers Tips for Hiring Seasonal Workers

Short-term hiring during the holiday season is a boon to both employers and employees, but businesses should take care to ensure the safety ...

2 Texas Businesses Cited for Safety Violations

In separate actions federal workplace regulators have cited two Texas-based companies for employee safety violations. The U.S. Department ...

Small Earthquakes Recorded in Northern Arkansas, Central Oklahoma

Small earthquakes have shaken parts of northern Arkansas and central Oklahoma A 2.6 magnitude quake struck early morning in the morning on ...
West

Study: Use of Physician Networks in California Workers' Comp at Record High

A California Workers' Compensation Institute study released on Tuesday shows the use of network physicians to provide medical care to ...

CRC Names Brooks Broker in Southern California Office

CRC Insurance Services named Robert Brooks as a property and casualty broker in the company's Santa Ana, Calif. office. Brooks was ...

Tobey Maguire, Others Settle Over Poker Winnings

Tobey Maguire has decided to fold `em and settle a lawsuit over his winnings from a convicted con man during high-stakes Hollywood poker ...
International

Foreign Insurers Must Decide If China’s Growth Outweighs Disadvantages

Foreign insurers will have to answer for themselves whether their disadvantaged position relative to domestic insurers in China is ...

Man Released from Aruba Jail Still Suspect in Traveler’s Death

U.S. businessman Gary Giordano is getting out of jail but he isn't in the clear. Investigators still consider him a suspect in the presumed ...

Renewable Energy Sector Presents Rising Risks, Demand for Insurance

The renewable energy sector needs to improve risk management and access alternative sources of capital as operational risks rise and ...

Hendrick to Succeed Duclos as Head of XL Group’s Insurance Unit

Global insurer and reinsurer XL Group plc said that Greg Hendrick will become chief executive of XL's insurance segment upon the retirement ...

Pickering Named CEO of Willis South Africa

Global insurance broker Willis Group Holdings has appointed Scott Pickering as CEO of Willis South Africa. Pickering is currently president ...
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Interesting Times in Medical Liability

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New Discussions in the Forums

Agency Management System
Posted: Wed Nov 30 -- AMS360 did get a lot of votes and I wanted to see some product reviews about it. I ran across a site that has very negative comments about... robmejia
Workers comp for janitorial services
Posted: Wed Nov 30 -- Your state insurance department is your best resource for insurance-related questions and concerns. Find information on insurance companies... tkishore123
What websites or app are agents using?
Posted: Wed Nov 30 -- "Sethm, Could you be more specific regarding what software you use? Thanks," It's Aspire, a... sethm
QuickBooks
Posted: Mon Nov 28 -- Quickbooks will work well for expenses but you can end up messing your income statement and sales figures if you do both direct and agency... miinsguy

Reader Comments

U.S. Rep. Barney Frank of Massachusetts Won't Seek Re-election
Posted: Mon Nov 28 -- THANK GOD! Bwarney Fwank was half to blame for the housing collapse and Freddie and Fannie Mae's boon doggle for all tax payers. Good... Sarah
Thanksgiving Day is Top Day For Cooking Accidents
Posted: Wed Nov 23 -- I laughed when I read in the article the following sentence: "Esposito offered safety tips for those planning to sue a fryer:" Is that a... The Other Point of View
Massachusetts Enacts Law on Credit Ban for Auto Insurance
Posted: Tue Nov 29 -- "much-needed protection against an unfair, unreliable, and discriminatory rate-setting practice" Unpopular, yes, but the correlation exists... GL Guru
Allstate Drops North Carolina Homeowners Who Insure Autos Elsewhere
Posted: Wed Nov 23 -- It seems like coercion to me to too. It's one thing to decide not to write a line of business in a certain area but to insist you must... mark
Insurer Must Pay for Florida Rental Car Crash by Unauthorized Driver
Posted: Mon Nov 28 -- Sadly, insurance companies always seem to try their hardest to find no coverage or to limit coverage beyond what ordinary people would find... vince

Current Issue

Current Issue
Contractors & Builders, Claims and the Independent Agent, Top Personal Lines Retail Agencies
November 21, 2011

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Copyright © 2011 by Wells Publishing, Inc.

New Markets Daily: November 30, 2011

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November 30, 2011

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Alarm Insurance

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Nursing Home Workers' Compensation

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States: AK, AL, AR, AZ, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NE, NH, NJ, NM, NV, NY, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WI, WV

High Limit Accident Insurance

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States: All states

Commerical and Mixed Use Buildings

All Commercial Buildings will be considered for this program, including those with: No Prior Insurance, New Ownership, New or Old ...
States: CA

Feature Articles

Next Big Thing in Insurance Coverage?

Some in the insurance industry are staking their futures on the reputations of others. That is, they are looking to insure reputational... Read more

P/C Market to See Only Moderate Changes in Rates in 2012: Willis

Property/casualty insurance rates will continue to be flat to with some slight increases or decreases in most major and specialty lines of... Read more

Insurers, Policyholders Clash Over Business Interruption Claims

Over the years, insurance companies and policyholders have been arguing in courts over how to calculate business interruption losses during... Read more

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Mechanical Bull Coverage in Texas

The state of Texas requires the operators of mechanical bulls to carry either $1,000,000 bodily injury and $500,000 property damage ...
by garageguy on Wed Nov 30, 2011

Bio Recovery services

Need a market in Oklahoma for a risk that cleans up after a crime, wreck, death of any kind. They have equipment to clean the air, ...
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WC for Horse Farm

I am looking for a market for a horse farm. Market must be able to accomodate both Minnesota and Arizona.
by Joe K on Tue Nov 22, 2011

WC for oil field maintanance California company

I need a carrier that will do all of the following class codes, annual payroll is approx 508K and the loss history is just slightly ...
by optistarcorona on Tue Nov 22, 2011

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Insurance Journal Classifieds Alert: Wednesday, November 30, 2011

Insurance Journal Classifieds
November 30, 2011

In this Issue

Job Openings

Claims
Finance
Management
Other
Sales
Underwriting
Agencies For Sale / Wanted

Featured Job of the Week

Insurance Management Specialist

Insurance Management Specialist Full time position. 5-7 years relevant work experience is required.  Resume required. Requirements: A Bachelors Degree in business, finance or a related field required...
Claims

Auto Damage and Truck Appraiser

IA, NY Licensed Very busy independent adjusting and appraisal firm is looking for several aggressive self-starters to appraise and adjust automobile damages, light trucks, heavy trucks, and...
Location: Jericho, NY

Claims Executive / Managing Director, Claims Operations

Are you a P&C / workers' compensation claims executive who has enjoyed an illustrious career and would like one more opportunity to mentor others and help guide an organization from "gold...
Location: Pleasanton, CA
More Opportunities [return to top]
Finance

Agency Bill Accounting Supervisor

Job Summary: Primary responsibilities are to maintain all agency bill functions for the company and supervise the direct bill accounting function. Essential Duties & Responsibilities: Post...
Location: Pasadena, CA
More Opportunities [return to top]
Management

Agency Owner and recruitment opportunities

Do you have an entrepreneurial spirit, a servant's heart, ability to give expert advice and trustworthy service? Can you delegate and lead, care and organize, set goals and reach them while upholding...
Location: North and South Dakota

Vice President – Underwriting, Commercial P&C

Looking to make a difference and contribute to the bottom line? Want to use your Commercial Property & Casualty Underwriting/Leadership skills to serve a niche market? Hortica Insurance &...
Location: St. Louis, MO
More Opportunities [return to top]
Other

Product Development Senior Specialist

Hagerty Insurance Agency, LLC, the leading insurance agency for collector vehicles in the world and host to the largest network of collector car owners has an opening for a Product Development Senior...
Location: Traverse City, MI
More Opportunities [return to top]
Sales

Commercial P & C Broker/Producer

Commercial insurance wholesale brokerage company with a significant career opportunity available for a commercial insurance broker/ producer to join us and develop new surplus line clients and expand...
Location: Oakland, CA

CSR / Insurance Producer

Highly Valued Insurance Agency seeking Commercial CSR & Sales Producer. We are seeking individuals who can provide prompt and professional service to customer inquiries. Description of Position:...
Location: Irving, TX

Commercial Producer

Producer for contracting accounts, roofing specialty, all lines Commission based. Generous commission plan – new & renewal Health benefits after 6 months – employee only, 100% paid by...
Location: Granite Bay, CA

Wholesale P & C Broker

Our company is a Commercial Wholesale Brokerage that specializes in the Construction Industry and Lessor’s Risk Property. We have recently experienced great success with the emerging field of...
Location: CA
More Opportunities [return to top]
Underwriting

P&C Commercial Underwriter

About the Job: We are looking for experienced commercial property and casualty underwriters to join our company. Successful candidates must be bright, motivated people who have excellent communication...
Location: Woodland Hills, CA

Trainee, P&C Underwriter

About the Job: We seek bright, motivated people to develop and apply skills as Trainees in our Underwriting Department. We offer a professional work environment that fosters individual growth and...
Location: Woodland Hills, CA

Vice President of Underwriting

Grange Insurance Association, a Property/Casualty insurance company with headquarters near the Space Needle in Seattle, is currently looking for a Vice President of Underwriting. As Vice President of...
Location: Seattle, WA
More Opportunities [return to top]
Agencies For Sale / Wanted

L&H and P&C Insurance Companies for Sale

Insurance Shell Opportunities 49 State L&H Company - all business has been removed via reinsurance and the company is being sold as a clean shell. Widely authorized for life, health and...
More Agencies For Sale / Wanted [return to top]

Current Issue

Current Issue
Contractors & Builders, Claims and the Independent Agent, Top Personal Lines Retail Agencies
November 21, 2011

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(800) 897-9965
Copyright © 2011 by Wells Publishing, Inc.