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Daily Headlines
January 23, 2015
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Travelers CEO Fishman Reduces Outside Activities Due To Health

Travelers Cos. Chief Executive Officer Jay Fishman is reducing his activities that aren't tied to the company after being diagnosed with a ...

Senior Market Presents Opportunities for Young Agent Specialists

The graying of America could be a great opportunity for young entrepreneurs, including young insurance producers. As the nation's ...

Drone Pilot Who Challenged FAA Authority Settles

The drone pilot who challenged the U.S. government's authority over unmanned aircraft agreed to pay a reduced fine of $1,100 to settle his ...

U.S. Adds Automatic Braking to Recommended Car Safety Features

The National Highway Traffic Safety Administration plans to add what it considers two "cutting-edge" automatic emergency braking systems to ...

Lockton Affinity, Monitor Liability Managers Partner on Accountants' PL Program

Lockton Affinity, the affinity program management division of Lockton Cos., has selected Monitor Liability Managers (Monitor), a W. R. ...

From MyNewMarkets.com Top Markets to Watch in 2015 - Part Two: Energy

Insurers were busy trying to stay ahead of the curve when it comes to creating products for the top markets in 2014, and they don’t seem...
Carrier Management

An Imminent Need in Asia: Develop and Retain Local Insurance Talent

The Asian insurance sector has endured a radical transformation during the past decade, imposed by a combination of...
Take Insurance Journal's Agency Salary Survey. How much are YOU worth? Click here for more information.
East

N.Y. Assembly Speaker Silver Accused of Running 15-Year Graft Scheme

New York Assembly Speaker Sheldon Silver reaped millions of dollars in kickbacks in a 15-year conspiracy that involved medical referrals, ...

Wal-Mart Settles With Family of Comedian Who Died in N.J. Turnpike Crash

Wal-Mart Stores Inc. reached a confidential legal settlement with the family of comedian James McNair, who died in a June 7 accident on the ...

Maine Expresses Opposition to OSHA's SHARP Program Changes

Maine's Commissioner of Labor Jeanne Paquette said in a statement Wednesday that the state's Department of Labor is opposed to the ...

XL's McGavick Receives St. John's 2014 Insurance Leader of the Year Award

St. John's University's School of Risk Management (SRM) in New York hosted its 20th Annual Insurance Leader of the Year Award Dinner on ...

Vermont Captive Insurance Gross Written Premium Nears $30B

Vermont licensed 16 new captives in 2014 and the state's captive insurance gross written premium is nearing $30 billion, according to data ...

Report: High, Wide Dunes Worked During Superstorm Sandy

A study by a leading coastal science center lends new support to New Jersey's efforts to build protective sand dunes along its 127-mile ...

Former Professional Wrestlers Sue WWE Over Concussions

Two former professional wrestlers accuse the WWE of ``selling violence" while ignoring concussions that they say left them with serious ...

Glatfelter Insurance Group Announces 2 Promotions in Pennsylvania

Glatfelter Insurance Group (GIG) in York, Pennsylvania, promoted John Solari to president of Glatfelter Underwriting Services and chief ...
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Midwest

Sioux Falls Business Break-Ins Prompt Security Upgrades

A string of office and commercial burglaries is prompting some Sioux Falls, S.D., businesses to upgrade security. The Argus Leader reports ...

Universal Holdings P/C Subsidiary Enters Indiana Homeowners Market

Florida-based Universal Insurance Holdings Inc. reported that the Indiana Department of Insurance has approved the homeowners insurance ...

Study Finds New Predictors of Workers' Comp Outcomes in Iowa

A new study from the Workers Compensation Research Institute (WCRI) identified new predictors of worker outcomes that can help public ...
Southeast

Consumer Group Urges Florida to Keep McCarty as Commissioner

A national consumer group is urging Florida to keep its current insurance regulator, a man the group says is one of the best regulators in ...

Mississippi Residents, Lawmakers Pushing Bill to Disclose Insurance Costs by Area

A group of lawmakers and residents from the Mississippi Gulf Coast are again pushing a bill that would require insurance companies to ...

Tennessee's Crichton Group Makes Staff Changes, Names New Partner

The Crichton Group, an independent insurance agency in Middle Tennessee, has appointed a new partner and a new director of risk management. ...

Kentucky Doctor Accused of Prescribing Drugs that Led to 5 Patient Deaths

A doctor with offices in Louisville, Ky. and southern Indiana has been charged with prescribing pain medications that resulted in the ...
South Central

5 Accused in Houston-Area Truck Crash ATM Theft

Five individuals are facing aggravated robbery charges after police in suburban Houston arrested them for allegedly robbing an ATM from a ...

XL Group Adds to Insurance Underwriting Team in Dallas

XL Group announced the addition of global risk management, construction primary casualty and inland marine underwriting expertise in its ...

Oklahoma AG Files Workers' Comp Fraud Charges Against 2

Oklahoma Attorney General Scott Pruitt has filed workers' compensation fraud charges in two separate cases. Pruitt's office announced the ...
West

Ex-Partner Defeats California's Firm's Bid for Personnel Records

Kleiner Perkins Caufield & Byers, facing gender-bias claims by ex-partner Ellen Pao, may not get access to her performance reviews, ...

Pinnacol in Colorado Names Brannen Vice President of Human Resources

Pinnacol Assurance in Colorado has named Barbara Brannen vice president of human resources. Brannen will oversee the company's human ...

Committee Advances Bill To Increase Wyoming Workplace Safety Fines

A bill to increase penalties against Wyoming employers when safety violations result in worker fatalities has cleared its first hearing. ...

Did New Mexico Court Open 'Pandora's Bong' With Nod to Pot for Worker?

A can of worms has been opened, the horse is out of the barn and the industry is gazing into Pandora's Box. There is no shortage of idioms ...
International

Global Insurers, Brokers Establish Micro Insurance Consortium

A group of global insurance companies and brokers took advantage of the World Economic Forum meeting in Davos to announce that they have ...

U.S. to Back New System Warning Airlines in Conflict Zones

The United States will throw its support behind a proposal by the U.N.'s aviation agency to share information about risks to commercial ...

Obama's Visit to India Ignites Nuclear Accident Liability Debate

It's a $182 billion question for India with no easy answer. That's the estimated amount the country plans to spend on nuclear power plants ...

Swiss Re Corporate Solutions Strengthens Cyber & Technology Team

Swiss Re Corporate Solutions has strengthened its Cyber & Technology team with the addition of two new senior executives. Francois Brisson ...

Willis China Unveils New Leadership Team to Drive Expansion

Willis Group Holdings plc, the global risk adviser, insurance and reinsurance broker, has announced a group of internal promotions and ...
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Insurance Journal Blogs

Personal Auto Insurers Wade Cautiously into Ridesharing Waters

In recent months, controversy over the potential "uninsured" status of drivers for app-based transportation network companies like Uber and ...

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Insurance Journal TV

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Fighting Auto Registration Fraud

Auto registration fraud is a growing problem in New York and other urban areas across the...
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Legalized Marijuana's Side Effects for Professional Liability

Many insurance professionals are watching development of the legalized marijuana industry...

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New Discussions in the Forums

Take the Harford "Agent's Challenge"
Posted: Thu Jan 22 -- LTG, my, you have a cavalier attitude. Actually, I disagree with you. This IS a Hartford issue, and is an issue... Smalltownagent
Heavy Garage Account-GA
Posted: Thu Jan 22 -- I have a Garage account that does only medium and large trucks. Selective is currently on it, and is priced pretty good, but it's an out of... T&HINS
AI status and 30 day notice of cancel endorsment
Posted: Tue Jan 20 -- Ha ha! I'm laughing because I get COI samples from the GC showing how I am to write the COI. I kindly send them a note about Accord's rules... etimer
Nationwide
Posted: Mon Jan 19 -- Allied Insurance has been a player in the commercial marketplace in Arizona off and on for many years. Scottsdale Insurance company... yoyowordup
Opposite of - Insured to replacment cost
Posted: Tue Jan 13 -- I am in the process of re-quoting one of my clients. I used the same completed MSB that I have been using when I... pageltd

Reader Comments

North Carolina to Pay $425,000 to Family of Man Mistakenly Declared Dead
Posted: Thu Jan 22 -- $425,000 won't go all that far to care for a person in this bad shape. M. Prankster
Politicians Vow to Block FEMA From Taking Mistaken Sandy Aid
Posted: Tue Jan 20 -- "While I understand the importance of reducing waste, fraud, and abuse in the system, the efforts to do so should not be made on the back... Don Quixote
Top 10 Causes of Workplace Injuries
Posted: Fri Jan 16 -- In my view, newly hired and not trained employees should be right up there with the other categories as reasons why employees are injured on... Agent
Boston Taxi Owner Suit Latest Legal Salvo in Rideshare Wars
Posted: Tue Jan 20 -- Uber is a criminal enterprise that is breaking multiple laws, ignores regulations, evades local taxes and municipal dues on the scale of... Samuel
Work Comp Death Benefits Awarded to Husband of Oklahoma Beheading Victim
Posted: Wed Jan 21 -- Sad....but at least that puts him $100,000 "ahead" of where he was. Scott

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