Daily Headlines: Friday, January 4, 2013

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January 4, 2013 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National House OKs $9.7B More for Flood Insurance Claims; Senate OK Expected The House of Representatives voted today 354-67 to increase the borrowing authority of the National Flood Insurance Program (NFIP) by $9.7 ... Transocean to Pay $1.4B to Settle Over BP Oil Spill Transocean Ltd. agreed to pay $1.4 billion to settle U.S. government charges over BP Plc's massive Gulf of Mexico oil spill in 2010 and the ... FDA Proposes New Food Safety Rules U.S. regulators proposed new food safety rules on Friday that aim to make food processors and farms more accountable for reducing foodborne ... Top 10 Insurance TV Brands, Ads Ace Metrix, a California company that provides television and video analytics, announced the top TV brand advertisers and ads of 2012, with ... National Interstate Launches New Waste Operations Program National Interstate Insurance Co., a provider of transportation insurance, is launching a new insurance program targeted for waste ... 6 Things for Independent Agents to Worry About in 2013 The 100-plus year-old independent agency distribution system is expanding, according to Future One's 2012 Agency Universe Study. The... More National News East New York Troopers Issue 33,000 Tickets Through Holidays New York State Police say they issued more than 33,000 traffic tickets and arrested 538 people for driving while intoxicated statewide in a ... In New Jersey, New PIP Rules Go into Effect After Court Denies Stay Request New Jersey's Superior Court has denied a medical group's request for a stay of the new motor vehicle personal injury protection (PIP) ... Massachusetts Fire Officials Urge Prompt Holiday Tree Disposal Massachusetts fire officials are urging residents not to keep Christmas trees too long into the new year.State Fire Marshal Stephen Coan ... Maine Adopts Uniform Standard for 'Independent Contractor' Classification Maine has adopted a new, uniform standard for who can be classified as an "independent contractor" for worker's compensation and other ... More East News Midwest Judge Says Michigan Car Insurance Fund Records Are Public An insurance fund that slaps a fee on every Michigan car to pay for catastrophic injuries suffered in accidents has been ordered to open ... Arthur J. Gallagher & Co. Acquires Gardner & White in Indiana Arthur J. Gallagher & Co. has acquired Gardner & White Corp. (Gardner & White) headquartered in Indianapolis, Ind. Terms of the transaction ... Marsh & McLennan Agency Acquires Minnesota-Based Liscomb Hood Mason Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has acquired Liscomb Hood Mason Co., a $2.2 million revenue ... Allstate Adding 136 New Jobs in Ohio Allstate says it's planning to add 136 new jobs in Ohio. The insurance company said that it plans to appoint 12 new insurance-agency owners ... Drought Persists in U.S. Plains; Slight Improvement in Midwest Snowfall in parts of the U.S. Plains last week had little impact on historic drought gripping the region, but parts of northern Illinois ... More Midwest News Southeast Florida's Citizens, Regulators Agree to Restrict Eligibility for New HO-8 Policies Florida's state-backed property insurer and state regulators have cleared the path for the insurer to begin issuing a new HO-8 policy by ... Kmart vs. Kroger Flooding Case Set for Trial in Mississippi A federal judge has denied requests from the city of Corinth and the Kroger Co. to be dismissed as defendants in a lawsuit over 2010 ... Tennessee State Senator, Insurance Agent Tracy to Run for Congress State Sen. Jim Tracy officially announced Wednesday that he will run for the congressional seat held by fellow Republican U.S. Rep. Scott ... More Southeast News South Central Bridges Joins RSI International as Commercial Underwriter Texas-based RSI International Inc. announced that Brian Bridges has joined the firm in the role of commercial underwriter. Bridges brings ... Oklahoma Business Group Urges 'Administrative Approach' to Workers' Comp The Oklahoma State Chamber says shifting the state's court-based workers' compensation system to an administrative model will be one of its ... Oklahoma Insurance Department Mourns Loss of Horace Rhodes The Oklahoma Insurance Department is mourning the loss of former Deputy Insurance Commissioner Horace Rhodes. Rhodes, 86, died Jan. 1 after ... More South Central News West EPIC Acquires Homeplace Insurance Brokers in Southern California Edgewood Partners Insurance Center entered into an agreement to acquire Ontario, Calif.-based Homeplace Insurance Brokers Inc. The Ontario ... New Mexico Proposal: Breathalyzers In Drunk Drivers' Homes Advocates of ignition interlock devices to combat drunken driving want to expand the requirement so that convicted offenders have to ... Yellowstone Oil Spill: Feds Say Delay Made Oil Spill Worse Delays in Exxon Mobil Corp.'s response to a major pipeline break beneath Montana's Yellowstone River made an oil spill far worse than it ... Nevada Highway Patrol issued 12k tickets for Cellphones The Nevada Highway Patrol says it handed out nearly 12,000 tickets last year to people using cell phones while driving. Officials say most ... Wells Fargo Names Pearson VP, Professional Risk Group Cyber Risk San Francisco, Calif.-based Wells Fargo Insurance named Rebecca Pearson vice president for its professional risk group's technology, ... More West News International Transocean to Pay $1.4 Billion to Settle Charges from BP Oil Spill Transocean Ltd agreed to pay $1.4 billion to settle U.S. government charges over BP Plc's massive Gulf of Mexico oil spill in 2010 and the ... Lloyd's Syndicate ProSight Launches Innovative Independent Film Coverage Lloyd's Syndicate ProSight 1110 is offering independent film makers' insurance to cover mishaps during filming, as well as failure to ... Zurich, Swiss Re in $270 Million Excess of Loss Deal for No. Am. Quake Coverage Zurich Insurance Group and Swiss Re have announced that Zurich has obtained, through its subsidiaries Zurich American Insurance Company and ... BMS Group Opens Sydney Office The UK's BMS Group, an independent global broker, has announced the opening of its Sydney office, which it said "marks another significant ... PERILS' Final Windstorm Andrea Loss Cost is $438 Million PERILS, the Swiss-based cat modeling firm, has announced that its fourth and final loss report for windstorm Andrea, which affected the UK ... More International News Join the Insurance Journal Network Insurance Journal TV Contractual, Regulatory Requirements Effects on Cyber Marketplace Federal and state privacy laws and contractual requirements are driving interest and demand of... Watch Now Privacy & Security Coverage and Trends Richard Betterley, president of Betterley Risk Consultants, says cyber liability policies have... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums brightway insurance brokerage in florida Posted: Thu Jan 3 -- Blah22, it must be the 80/20 rule. 80% do the work and 20% do the complaining. I'm also a Brightway agent. I'm satisfied, am building my... nire61 WC account Losses 189 X-mod hard class codes Posted: Wed Jan 2 -- All of the information posted on this subject has been good advice, But what I have found over many years handling some difficult company's... JTR High Value homes in brush Posted: Wed Jan 2 -- Anderson & Murison has established great relationships with our non-admitted markets to help place coverage for high value and brush exposed... monica reyes Signing up for an insurance directory Posted: Mon Dec 31 -- I have been doing a ton of research on the usefulness of them for our own agency. I haven't found any myself that focuses on any given... paulbennings National Agents Alliance? Legit or Keep Away? Posted: Sun Dec 30 -- After reading a number of these posts does any decently smart insurance person think that this is the answer to more income? OMG...it... surestart12345 CA Roofing Contractor WC Posted: Sat Dec 29 -- The only WorkComp market in CA for roofers is the State Fund. ets80 Non emergency medical transportation for hire Posted: Sat Dec 29 -- I am a new insurance broker in Southern California. I have recently ran into a few people that are looking for Non emergency medical... rb112278 Go to Forums Reader Comments Lawyer Seeks OK to File Claim Against State for Connecticut School Shooting Posted: Mon Dec 31 -- Yes, Connecticut is to blame because they only provided a school that was locked tight and had plenty of security measures in place.... Scott 6 Things for Independent Agents to Worry About in 2013 Posted: Fri Dec 28 -- You are so right Wvagt. We, as Independent Agents have a lot to worry about with the state of the economy, higher taxes for us and our... Agent Slip-And-Fall Cases Tough to Make in Michigan Courts Posted: Wed Jan 2 -- Every once in a while we manage to do the right thing. sham Farmers Agents Sue Carrier Over Contracts, Taking Client Info Posted: Fri Dec 28 -- I have been a Farmers agent for 30 years. I received a 90 day notice 3 months ago. Today is my last day. I am profitable and have a high... Patty Attorney Behind $43M Award for Ohio Agent Against Nationwide Insurance to File Class Action Posted: Thu Jan 3 -- I can tell you first hand that the whole story is definately not published here and it should be obvious why Nationwide is trying to "trash"... 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