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Daily Headlines
April 16, 2014
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

Federal Insurance Office Seeks Comments on Auto Insurance Affordability

The insurance office within the U.S. Treasury is looking into whether minorities and low and moderate income Americans have access to ...

Flood Insurance Presents Opportunity, Obstacles for Private Insurers

Privatization of the National Flood Insurance Program (NFIP) would present a huge growth opportunity to the property/casualty market, ...

Great American Broadens Property Endorsement for Social Services

Great American Insurance Group has enhanced its signature property broadening endorsement for human and social service organizations. The ...

From MyNewMarkets.com Top 10 HOT Markets to Watch - Part 1

Insurance Journal and MyNewMarkets.com examined industries experiencing changes and expansions in the past year. Here are the top 10 market...
Carrier Management

Catastrophic Cyber-Attack Coverage Remains Elusive: Willis Report

Insurance coverage for cyber-attack losses in the global energy market isn't as clear-cut as the industry might hope. A...
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East

Most Sandy Housing Assistance Going to Ocean County in N.J.

Records show more than 60 percent of Superstorm Sandy state housing assistance is going to homeowners in Ocean County, N.J. Nearly $14 ...

Suspect Sandy Charity Begins Distributing Money

A Superstorm Sandy charity that was suspected of fraud has started distributing money nearly a year after a settlement with New Jersey ...

New Jersey Officials Fighting to End 'Epidemic of Driver Inattention'

New Jersey's Acting Attorney General John Hoffman this week announced the staggering toll driver inattention has taken on New Jersey’s roadways in the ...
Midwest

North Dakota Work Comp Agency Sues Aon eSolutions over Failed Project

North Dakota's workers' compensation agency has sued a Chicago company over a failed $17 million computer system overhaul. Workforce Safety ...

Record Snowfalls in Michigan Bring Threat of Flooding

A spring storm shattered seasonal snowfall records in Detroit and Flint, Mich., as melting snow and rising rivers from heavy rain ...

Kansas Insurance Commissioner, Others Urge Veto of Multistate Health Compact

Republican Insurance Commissioner Sandy Praeger and several health care organizations are urging Gov. Sam Brownback to veto legislation ...
Southeast

New South Carolina Law Requires Ignition Locks in More DUI Cases

South Carolina Gov. Nikki Haley as signed into law a bill requiring more people convicted of driving under the influence to install a ...

Former Ballplayer Brooks Robinson Seeks $9.9M From Tribe Over Fall

Baseball Hall of Famer Brooks Robinson is seeking a settlement of $9.9 million from the Seminole Indian tribe over injuries he suffered in ...
South Central

Multiple Twisters Hit South Central States, Cause Minor Damage

Tornadoes that hit the South Central states of Arkansas, Oklahoma and Texas over the past weekend caused minimal damage but with them ...

BancorpSouth Insurance to Acquire Louisiana's Knox Insurance Group

BancorpSouth Insurance Services Inc., a subsidiary of BancorpSouth Bank, headquartered in Tupelo, Miss., is acquiring Lafayette, La.-based ...

Louisiana Truck-Bus Crash Caused by Texting, State Police Say

Texting while driving is thought to be cause of an accident in Louisiana involving a Calcasieu Parish school bus and a pickup truck that ...
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West

Montana Governor Wants Disaster Declaration Over Flooding

Gov. Steve Bullock is asking President Barack Obama to issue a federal disaster declaration for Montana due to widespread flooding and ice ...

Dog Attack Prompts Oregon Mail Carrier Suit

An Oregon postal worker seeks more than $180,000 in a lawsuit filed against the owner of a dog that allegedly attacked her. The ...

California Drought Spawns Well Drilling Boom

The scarcity of irrigation water in drought-stricken California has created such a demand for well drilling services that Central Valley ...

LP Insurance in Nevada Names Cisneros Chief Risk Officer

Reno, Nev.-based Insurance Services Inc. named David Cisneros its chief risk officer. As chief risk officer Cisneros' responsibilities ...

Atlas Taps Horton as Western Region Vice President of Marketing

Atlas General Insurance Services LLC named Matt Horton vice president of marketing for its Western region. In his new role, Horton will be ...
Sponsored by: State Compensation Fund. Stable, Steady, Strong. As the market fluctuates, consider putting your business where you know it'll be secure. Together, we've kept California working for 100 years. Click here for more information.
International

South Korea Says 293 Missing After Ferry Sinks En Route to Jeju Island

South Korea's government said 293 people remain missing after a ferry carrying hundreds of high school students sank en route to the resort ...

3rd IPCC Report: Greenhouse Gas Emissions Accelerate Despite Reduction Efforts

The latest in a series of reports from the Intergovernmental Panel on Climate Change (IPCC) unfortunately confirms that "global emissions ...

Kerr to Head New Allied World Canada Branch Office

Allied World Assurance Company Holdings, AG announced the opening of a branch office in Toronto, Ontario to further expand its North ...

RSA U.K. Chief Brown to Leave in First Resignation under Hester

RSA Insurance Group Plc said the head of its U.K. and Western Europe business will leave the company, marking the first resignation of a ...

Elia Joins Argo Group as Chief Human Resources Officer

The Bermuda-based Argo Group International Holdings, Ltd. announced that Kurt Elia has joined the company as Senior Vice President and ...

Best Affirms Montpelier Re Holdings and Company Ratings

A.M. Best has affirmed the financial strength rating of 'A' (Excellent) and issuer credit ratings (ICR) of "a" of Montpelier Reinsurance ...
Insurance Journal Blogs

Q&A: Building Trust Between Marketing and Procurement

IJAM welcomes guest blogger Ken Beaulieu, Senior Director of Marketing and Communications at the Association of National Advertisers. In ...

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Insurance Journal TV

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Workers' Compensation Premium and Claimant Fraud: The Producer's Role

There are two types of workers' compensation fraud that insurance agents and producers should...
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DeCarlo to Receive City of Hope's 2014 "Spirit of Life" Award

Steve DeCarlo, CEO of Charlotte, North Carolina-based AmWINS Group, Inc. is the 2014 Spirit of...

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New Discussions in the Forums

Knob & Tube wiring
Posted: Wed Apr 16 -- Short answer is that it is at the end of it's economic life. As stated above if it has insulation around it, it is unsafe. Here is where it... OhioInspector
Adding P&C to current practice
Posted: Wed Apr 16 -- I have worked with several agencies that were strictly dealing with financial products and then successfully added P&C products to the... El Phil
Markets for HOA's
Posted: Mon Apr 14 -- If you are looking for a solid HOA market, please consider McGowan. We just released a new HOA package product, which ties in well with our... npmcgowan
Speed boat/Texas
Posted: Mon Apr 14 -- This may help if it's for pleasure use. Performance boats 55 mph up to 100 mph - High Performance Policy Maximum speed: 55 mph up to 100... berbower
Equine Insurance-California
Posted: Sat Apr 12 -- Well, I would suggest you that before getting a insurance, make sure that it covers all aspects important to you.The covomo.com aims to... Navid Tasnim
Temp Agency in NC
Posted: Thu Apr 10 -- Hey all, anyone know of a market in NC that's not a PEO willing to consider a Temp agency that does 8292 5190 5183 5537 and a little 8810? 1... Thompson
Leaving the nest
Posted: Thu Apr 10 -- If you own your business and your carriers honor the agency change, you should be able to do an initial download of the accounts into your... yoyowordup
Performance Bond - international exposure
Posted: Mon Mar 31 -- Thanks for the szinecker I will follow up if need be. Right now we are checking with the insured's bank. It appears the contract calls for... GRCinCA

Reader Comments

Family of Texas 'Affluenza' Teen to Pay Only Fraction of Rehab Fee
Posted: Mon Apr 14 -- Just another slap in the face to the Average Joe who would have been behind bars doing 10 to 20 for this crime. This is disgusting. Way to... Libby
Hartford CEO McGee’s Pay Up 58% to $17.7 Million As Stock Surges
Posted: Fri Apr 11 -- Yeah, he did all of that, all by himself, so he deserves all of that money. He also should get a tax cut, because he's a job creator. He... Don't Call Me Shirley
Sebelius Resigning as Obama Health Chief
Posted: Fri Apr 11 -- Relieved would be closer Libby as in "Relieved from duty". He never could bring himself to just fire her as has been called for since about... Agent
Republicans to Use Burwell HHS Hearings to Question Affordable Care Act
Posted: Mon Apr 14 -- Ignorance, lies, corruption and piles of BS never works. I cannot imagine any Democrat except maybe those in leftist districts wanting to... g3
Anticipating Hurricane Season, Florida Insurer Cancels Policyholders
Posted: Wed Apr 9 -- BUT, they do have "trust" as part of their name. So doesn't that mean I should trust them? MeIsEinstein

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