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Daily Headlines
September 30, 2014
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Today's Headlines

National

EEOC Suits Against Employers Allege Transgender Bias

A funeral home and an eye clinic that fired employees who had changed their sex from male to female were sued last week as the U.S. ...

Specialty Insurance Group, Britton Gallagher Offer Pyrotechnics Program

Specialty Insurance Group (SIG), a member of the Everest Re Group Ltd., and independently operated insurance brokerage firm Britton ...

Marsh & McLennan Names McGivney Senior Vice President, Corporate Finance

Marsh & McLennan Companies Inc. announced that Mark McGivney will become senior vice president, Corporate Finance, reporting to Chief ...

ProAssurance, Pro-Praxis Introduce Excess Package for Complex Healthcare Risks

ProAssurance Corp. of Birmingham, Ala., has launched a new suite of excess insurance coverages, ProAssurance Complex Medicine, or ProCxM, ...

Greenberg's Lawyer Says U.S. Demonized, Extorted AIG Shareholders in Bailout

The U.S. extorted American International Group Inc. shareholders when it extended a $182 billion taxpayer bailout at the height of the 2008 ...

Securities Brokerages Free to Be Uninsured for Legal Awards

The industry group that regulates securities brokerages has decided it cannot force firms to carry insurance for payment of awards granted ...

Antitrust Review Delays Verisk's Purchase of EagleView

Verisk Analytics Inc., the supplier of data to insurers and banks, said its planned $650 million takeover of EagleView Technology Corp. has ...

From MyNewMarkets.com Surplus Lines Rate Hikes to Slow As Competition Grows

Two insurance rating entities see slowing rate increases for the surplus lines segment in the coming months as competition grows. Moody’s...
Carrier Management

Buffett or Cuban: Who do you Want Leading Corporate Training?

According to results of a new survey of over 2,000 U.S. adults, both employed and unemployed Americans believe that...
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East

Ames & Gough Acquires Bixby Insurance Agency in Rhode Island

Ames & Gough, an insurance broker and risk management consultant specializing in serving design professionals, law firms, ...

Markel Promotes Swanson in Product Line Leadership Team

Markel Corporation in Glen Allen, Virginia, promoted Rebecca Swanson to managing director, Miscellaneous Errors & Omissions/Information ...

Wal-Mart Says Tracy Morgan Is to Blame for Injuries in Highway Crash

Wal-Mart Stores Inc. said actor-comedian Tracy Morgan is to blame for injuries he sustained in June highway crash because he wasn't wearing ...

CMIC Announces Stable Rate for Conn., Mass. Members in 2015

CMIC, a member-owned medical professional liability insurance provider in Glastonbury, Connecticut, announced that the overall rate ...
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Midwest

Farm Fatalities Continue Downward Trend in Indiana

The downward trend of Indiana's farm-related fatalities continued in 2013 as the state saw 18 deaths, according to a Purdue University ...

Keystone Insurers Group Plans Expansion into Missouri in 2015

Privately held property and casualty franchisor, Keystone Insurers Group, announced its intent to expand into Missouri in 2015. Missouri ...

Wisconsin's M3 Insurance Named an IIABA Best Practices Agency

M3 Insurance, based in Madison, Wis., announced it has been named a 2014 Best Practices Agency by the Independent Insurance Agents and ...
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Southeast

Mississippi Police Departments Revise Policies on Suspect Chases

Columbus Police Chief Tony Carleton has rewritten the department's pursuit policy to allow shift supervisors to decide if officers are to ...
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South Central

Truck Driver: Distraction a Factor in Fatal Oklahoma Crash

The driver of a tractor-trailer that crashed into a bus and killed four college students on Interstate 35 in southern Oklahoma told ...

XL Group Adds Smelser to North America Property Team in Dallas

XL Group announced the addition of Jay E. Smelser to its North America property insurance team as South Central regional leader, based in ...

Lafourche Parish in Louisiana Sees Rise in DWI Arrests

As DWI arrests have risen over recent years, the Lafourche Parish Sheriff's Office in Louisiana is working to keep impaired drivers off the ...

Louisiana's Vermilion Parish Plans to Build Flood Walls to Protect Schools

School officials in Louisiana's Vermilion Parish are moving ahead with plans for a concrete wall and pump system to protect more of the ...
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West

Federal Grant Goes To Minimize Flood Risk in Wyoming City

The U.S. Department of Commerce has given Cheyenne, Wyo. a grant for a storm sewer project that should help minimize the risk of flooding ...

Coach's Insurance, California City To Pay $1M In DUI Death

The city of Fresno and the man who pleaded no contest in the drunken driving hit-and-run death of a 7-year-old California boy have agreed ...

Employers Names Hulse Vice President, Western U.S. Sales

Reno, Nev.-based Employers has named Kimberly K. Hulse vice president of regional sales for its Western region. Hulse will be based out of ...

Idaho Techs Behind Infrastructure Protection Digital Library

Emergency planners say a digital library developed by Idaho researchers has become a critical tool in preparing for major disasters. The ...
International

China's Fosun to Invest in European, Japanese Insurers

Fosun International Ltd., the investment arm of China's biggest closely held conglomerate, is considering making more bets on insurers ...

Departure of Bill Gross From Pimco Stuns Allianz

It was 2:28 p.m. in Munich on Sept. 26, and Bill Gross, in charge of $2 trillion as chief investment officer at Pacific Investment ...

Andy Weitz Joins Aon as SVP of Global Marketing & Communications

Aon plc announced that Andy Weitz, 37, will become senior vice president of global marketing and communications on October 1st. Weitz was ...

Appointment to Help ACE Grow German Surety Business

ACE Group has appointed Charles Villette as surety underwriting manager in Germany, as it expands its surety capabilities in Europe's ...

Rachel Cotton Appointed Real Estate Director at RSA

RSA, the London-based insurer, has appointed Rachel Cotton as real estate director for RSA's Risk Managed Business. Cotton has worked at ...

Milliman Opens Office in South Africa

Milliman Inc., the Seattle-based global consulting and actuarial firm, is opening an office in Cape Town, South Africa. The office will be ...
Sponsored Content

Atlas General Insurance Services, LLC, Named One of the Best Places to Work in Insurance in 2014 by Business Insurance

San Diego, Calif. (Sept. 30, 2014) - Atlas General Insurance Services, LLC, has been named one of the Best Places to Work in Insurance by ...

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Insurance Journal TV

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CFC: Business Interruption Coverage More Important Than Ever to Cyber Policies

London-based MGA, CFC Underwriting, has brought a new cyber product to market for large...
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Senate Hearing on Sandy Flood Claims Process

The U.S. Senate Committee on Banking Subcommittee on Housing, Transportation, and Community...

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New Discussions in the Forums

New Insurance Agency Startup Questions
Posted: Tue Sep 30 -- This update is very helpful for me because I am adding insurance to an existing tax business. But, so far, what I am reading is that I... Detroitgirl
The next five years
Posted: Tue Sep 30 -- I see more multi-channel offerings by the carriers, which will continue to water down the value of the agency channel. As carriers expand... lonestar
What's hot' right now.
Posted: Tue Sep 30 -- What are your agencies writing right now. What emerging markets are you most excited for this upcoming year. I know Merchants is looking for... CoJones
Where can I get NCCI Experience Rating Plan Manual?
Posted: Mon Sep 29 -- Does anybody know where I can get a used copy of the NCCI Experience Rating Plan Manual (2003... Mikesmith5656
Fire dwelling - PA
Posted: Mon Sep 29 -- Anderson & Murison can offer a DP3 on a vacant dwelling undergoing renovations. Please feel free to contact me for a phone quote or to... monica reyes
Boat Dealers with jet ski/boats
Posted: Mon Sep 29 -- This might help, or you can search for your own keywords... jcardrant
E & O Insurance - Non Resident - New York State
Posted: Mon Sep 29 -- You should notify your company of the new location so it can be added to the policy omegacsr
Church in Ca Liab-Property needed
Posted: Fri Sep 26 -- Hello-Our agency has multiple church markets and might be able to place their coverage without a lapse (with a no known loss letter)... churchwest
Agency Management System
Posted: Thu Sep 25 -- I just signed up for QQ Catalyst and its a very nice system. $0 money down to initiate the system and $125/ month per user. It's web based... SP Mooney

Reader Comments

Rob Schneider: Makin' Enemies
Posted: Tue Sep 23 -- It's always problematic to fire someone for their opinions, but it's even more problematic to have an anti-vaccine activist, promoter of... Dorit Reiss
Police: Fired Oklahoma Man Beheads Co-Worker, Attacks Another
Posted: Mon Sep 29 -- Hmmm.... why no mention of the FACT the guy that shot him before he could behead the second person was not a cop but a person that carries a... jack
AG Holder Seeks Tools to Prosecute Executives for White Collar Crimes
Posted: Tue Sep 23 -- Wonder if Holder would consider prosecuting IRS employees? I guess he would have to actually investigate first. Tim
How Spouse's Personality Influences Job Success
Posted: Tue Sep 23 -- I told my wife if she ever left me I was going with her! knowall
Player's Widow Sues NFL, Claims Husband's Suicide Due to Concussions
Posted: Wed Sep 24 -- I don't doubt that head injuries are causing long term problems for some football players. However I would think the NFL would use the... SWFL Agent

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