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Insurance Journal Daily Headlines
November 6, 2009
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Close House Vote on Healthcare Expected Tomorrow

Urged on by President Barack Obama, Democratic leaders in the House hustled Thursday to round up support for a sweeping healthcare overhaul...

U.S. Senate Passes Tax Loss Credit for Business

U.S. companies of all sizes would get to apply losses in 2008 or 2009 to prior income over five years to receive tax refunds under a bill...

British Study Raises Fresh Questions About Safety of Nanoparticles

Nanoparticles can damage the DNA of cells from a distance, even without crossing the cellular barriers that protect certain parts of the...

AIG Posts $455 Million Q3 Net Income; Stabilization Continues

American International Group may be a shadow of its former self but for the second straight quarter it has posted a profit. AIG reported net...

Kronenberg Touts Innovation in Partnerships, Program Manager Role

Tony Campisi and Bill Kronenberg used to tease each other about merging their two Pennsylvania brokerage organizations. Just about a year...

Fitch May Cut Berkshire Rating on Burlington Buy

Fitch Ratings said Thursday it may cut its ratings on Warren Buffett's Berkshire Hathaway Inc on concerns about the effect its planned...

Allstate Reports Q3 Profit

Allstate Corp., the largest publicly traded U.S. home and auto insurer, reported a third qarter profit Wednesday, the improvement from a...

Military Insurer USAA Expands Reach by 35 Million to All Veterans

Military insurance company USAA is expanding its customer base by nearly 35 million prospects by opening up eligibility for its products to...

From MyNewMarkets.com 21 Rarely Reviewed Insurance Definitions

Material Fact Information or data supplied by the insured, the truth and accuracy of which the insurer relies on to make an underwriting...
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East

Chimp-Attack Victim Seeks to Sue State of Connecticut

The family of a Connecticut woman mauled and blinded by a chimpanzee sought Wednesday to sue the state for $150 million, saying officials...

New York Insurers Say No-Fault Claims are Driving Up Costs

No-fault payments for medical claims by auto accident victims in New York have seen a dramatic increase over the last several years, one...

Baltimore Jury Awards $2.5M in Lead Paint Case

A Baltimore brother and sister have been awarded $2.5 million in a lead paint case. Jurors decided Tuesday in favor of 20-year-old Dontae...

Delaware Anti-Speeding Campaign Nets 6,322 Tickets

Delaware's four-month campaign against speeding produced 6,322 citations. The Office of Highway Safety says that's an increase of nearly...

State: Massachusetts Woman Due $1M in Discrimination Case

A former employee of a Cape Cod country club who said she was laid off because of her age has been awarded nearly $1 million by the...
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Midwest

American Empire Surplus Unveils E&O Cover for Medicare Statutory Compliance

Cincinnati, Ohio-based American Empire Surplus Lines Insurance Company, a member of the Great American Insurance Group, has launched an...

2 Insurance Execs Among the Most Powerful, Influential Women in Ohio

The 2009 Ohio Diversity and Leadership Conference announced recently that Gale King, executive vice president and chief human resources...
Southeast

Kentucky Derby Museum to Reopen Next April After Flood Damage Fix

The Kentucky Derby Museum will reopen next year after renovations to fix flooding damage are made to the tourist attraction showcasing the...

Myers Named Senior VP for Carolinas by Key Risk

Workers' compensation provider Key Risk has named Anne Myers as senior vice president, regional director for the Carolinas. She will report...
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Texas / South Central

Corps Begins $1B Barrier Project for Western New Orleans

Mindful that the suburban West Bank of New Orleans has regained its pre-Hurricane Katrina population and is primed for growth, the Army...

Fitch Receives Service Award from Central Oklahoma CPCU Chapter

The Central Oklahoma Chapter of the CPCU Society presented its Insurance Industry Service Award to Larry W. Fitch at the recent Insurance...
West

California Agents Win Case Against State Farm

State Farm Fire and Casualty Company is going to have to pay the defense costs of the two former agents the insurance company fired, and...

California Man Convicted of Insurance Licensing Perjury

California Insurance Commissioner Steve Poizner yesterday announced that Byron Andres Prado, 21, of Northridge was convicted November 2 of...

Suspicious Fires in Washington and California

Two more fires burned businesses early Thursday in Seattle's Greenwood neighborhood. Fire Department spokeswoman Dana Vander Houwen says a...

NAS Promotes Underwriting Assistant

NAS Insurance Services has promoted Genevieve Alexander to Senior Underwriter. Ms. Alexander started at NAS six years ago as an underwriting...

California's Patrion Names Sales Executive

Riverside-based Patrion Insurance has named Dennis Silva of Murrieta as Senior Sales Executive. Prior to joining Patrion Insurance, Silva...
International

UN Climate Change Treaty May Need Extra Year

A U.N. climate treaty may need an extra year beyond the December deadline to agree on details, delegates at U.N. talks said on Thursday,...

Late Season Hurricane Hits Nicaragua

According to catastrophe risk modeling firm AIR Worldwide and the National Hurricane Center in Miami, Hurricane Ida made landfall in eastern...

Willis to Expand UK Commercial Broker Network Internationally

Willis Group Holdings announced plans to expand its successful Willis Commercial Network business model for serving independent brokers from...

Jenkin to Head Aon UK's Trade Credit Pulp and Paper Team

Aon Trade Credit, the UK's largest credit insurance broker, has appointed Elizabeth Jenkin as sector leader for pulp and paper products in...

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New Discussions in the Forums

Agency Management System for a Commercial Agency
Posted: Thu Nov 5 -- Hello, I am with QQ Solutions. I agree that the printing of a .pdf one page at a time is very time consuming and needs to change. It is one... aharmon
Agency owners, what program to handle commission splits
Posted: Thu Nov 5 -- Hello, I am with QQ Solutions. We are starting to see more and more companies starting to download commissions which is great news for... aharmon
WC for 5951 and 4512
Posted: Thu Nov 5 -- Call Smart Choice, they have a Work Comp. company that writes hard to place work comp. and is less than State Fund. boatfun
WC for 5951 and 4512
Posted: Thu Nov 5 -- Antagent, Don't spend too much time on the NCCI website as California has their own classification manual. Based on the classifications you... WorkComp&Sense
Product Liability for Cigarette Filter
Posted: Thu Nov 5 -- Would agree with Jeff, the markets he indicated can consider the tougher products. I would suspect, though, that given the nature of the... LadyBroker

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