Daily Headlines: Thursday, September 1, 2011

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September 1, 2011 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Customer Satisfaction with Home Insurers Improves, Says J.D. Powers Customer satisfaction with homeowners insurance companies this year is up from 2010, but still remains below levels achieved in 2009. ... Lawsuit Claims Microsoft Tracks Customers Without Consent Microsoft allegedly tracks the location of its mobile customers even after users request that tracking software be turned off, according to ... Lexington Expands Spoliation Insurance Product Lexington Insurance Co., a Chartis company, has made its spoliation insurance endorsement available to an array of insureds, including ... 11 States Proceed with Surplus Lines Tax Clearinghouse; Group Names Officers Eleven states that have formed a cooperative to streamline collection and allocation of surplus lines taxes are moving ahead with its ... Insurance Lawsuits to Follow Irene As the water recedes from Hurricane Irene, lawyers are expecting disputes over insurance coverage to pour in. The biggest fights will stem ... 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 Vermont, New Jersey, Upstate New York Still Underwater from Irene Floodwaters finally started to recede from areas of the U.S. northeast devastated by Hurricane Irene but many communities were still under ... New York’s Interboro Buys OneBeacon’s AutoOne OneBeacon Insurance Group said it is selling its high risk personal auto insurance business, AutoOne, to Interboro Holdings Inc. of New ... Virginia Governor Defends Mandatory Evacuations Virginia Gov. Bob McDonnell credited mandatory evacuations for saving lives during Hurricane Irene. As many as 200,000 Virginians were ... Earthquake, Hurricane Keep Maryland Insurance Agents Busy First came the earthquake; then the hurricane. Now comes the bill. And with any luck, you have a decent insurance policy that will cover ... FEMA: Almost 230,000 in New Jersey Have Flood Insurance As flooding from Hurricane Irene caused heavy damage in New Jersey, federal officials report almost 230,000 property owners in the state ... More East News Midwest Insurance Firm Owner Sentenced for Wire Fraud in Minnesota A federal judge in Minneapolis has sentenced an insurance company's owner to more than three years in prison for stealing nearly $2 million ... Tornado Has Cost Insurance $2.2B So Far in Joplin, Missouri The tornado that devastated Joplin in May is expected to cost insurance companies about $2.2 billion. Property Claims Services, which ... Element22 Insurance Services Names Langdon to Lead Minnesota Office Element22 Insurance Services has hired Reggie Langdon to head its new office in Minnesota. Langdon has more than 20 years' experience as ... Big Iowa Health Insurer Unsure About Exchange A leading Iowa health insurer isn't sure yet whether it will participate in the state's planned insurance exchange. The exchanges are ... More Midwest News Southeast Florida Supreme Court Upholds Household Exclusion in Auto Policies Florida's highest court has upheld the so-called "household exclusion" clause in automobile policies that states the injuries suffered by ... Florida Supreme Court to Rule on Medical Malpractice Cap Florida highest court will consider whether a $1 million cap on non-economic damages in medical malpractice cases violates the state's ... Alabama Governor Names Tornado Recovery Panel Alabama Gov. Robert Bentley chose the president and CEO of Protective Life Corp., Johnny Johns, and the publisher of The Birmingham News, ... Seward Joins Lockton in Memphis Insurance broker Lockton has added longtime Memphis risk management executive Ben Seward to its expanding Memphis office. Seward has been ... More Southeast News South Central Gulf Coast Told to Keep Eye on Possible Storm A low-pressure system pushing northwest through the Gulf of Mexico has a strong chance of becoming a tropical cyclone in the next two days ... Insurance Veteran Opens New Wholesale Operation in Dallas LevelFirst is a new diversified wholesale broker and managing general agency based in Dallas, Texas, that serves retail agents in the ... Woodlands Financial Group Expands Texas-based retail and managing general insurance agency, The Woodlands Financial Group Inc. (TWFG), announced it opened 11 new branch ... Texas Mutual Rewards Medical Group with $874K Dividend Texas Mutual Insurance Co. announced an $873,522 dividend to the Texas Medical Group (TMG). The workers' compensation safety group dividend ... More South Central News International Katia Becomes Hurricane East of Leeward Islands Tropical storm Katia has become the second hurricane of the season, as it passes over the warm water of the Atlantic Ocean. The most recent ... English Football (Soccer) Season Kicks Off with Help from Insurance Industry English football (soccer) matches resumed at the beginning of August with Manchester United, last season's Premier League champions, ... UN Climate Head Says Durban Talks Can Deliver Results A record rise in global greenhouse emissions and ever tighter economic constraints make it crucial for United Nations climate talks in ... S&P Assigns ‘A’ Rating to Allied World’s Swiss Sub; Outlook Positive Standard & Poor's Ratings Services has assigned its 'A' financial strength rating to Allied World Assurance Co. AG (AW Switzerland), a ... Columbus Direct Launches New Ash Cloud Travel Cover Columbus Direct, part of the Collinson Insurance Group, has launched a new travel insurance policy – Ash Cloud Cover – designed to ... Allied World Launches Swiss Operating Company Allied World Assurance Co. Holdings has launched a Swiss operating company, Allied World Assurance Co., AG. The new operating company was ... 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 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 Lifted trucks - who insures them? Above 6'' Posted: Thu Sep 1 -- Thank you for responding to this.. I'm appointed with Progressive.. they won't accept a lift above 4 inches Anyone else? Or is this type of... meytai musicians - IN Posted: Wed Aug 31 -- I'm getting to know several Christian musicians and would like to know what markets are available. The groups I've met recently have a CD... hoosier08 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 CA Auto paperwork retention Posted: Mon Aug 29 -- Sorry....."toss" the originals. SFOInsuranceLady Go to Forums 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 Insurer Sued for Refusal to Hire North Carolina Man in Drug Program Posted: Thu Aug 25 -- Never said it was the law. It was an opinion on a story on an open forum where people can discuss their thoughts. Just as it is my opinion... Wayne 2 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 Fatal Crash Spotlights New Jersey's Teen Driving Law Posted: Thu Aug 25 -- The gaps or problems are with driver training, not the law. Much more training needs to be required before a driver license is issued. In... MrLogic Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us 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. 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 Claims Adjuster Inland Marine Underwriting Specialist Sales/Marketing Rep Have a job opening? List it on our Web site. 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