Today's Headlines
National
Flood Insurance Price Increases Affecting Home Sales
Rangel Dockery and her husband bought a waterfront house in Florida four months ago, assuming their $2,000-a-year flood-insurance premium ...
Senate, House Negotiators Tackle Farm Bill, Crop Insurance
U.S. Senate and House negotiators, who will begin working on a compromise farm bill on Oct. 30, face a major fight over proposed deep cuts ...
Bill to Curb 'Patent Trolls' Introduced in Congress
A U.S. congressman, who has led the charge against frivolous patent infringement lawsuits, introduced a bill on Wednesday to curb the ...
After JPMorgan $13B Deal, Banks Seek Protections in Future Bailouts
As the U.S. government closes in on a $13 billion settlement with JPMorgan Chase & Co. over its mortgage practices, lawyers specializing in ...
Jury Finds Bank of America Liable for Countrywide Mortgage Fraud
Bank of America Corp. was found liable for fraud on Wednesday over defective mortgages sold by its Countrywide unit, a major win for the ...
Verisk Climate, HSB Launch Service to Assess Electrical Blackout Risk
Verisk Climate and The Hartford Steam Boiler Inspection and Insurance Co. (HSB) have introduced new technology and consulting services that ...
Aon Benfield: U.S. Homeowners Insurance Offers Growth Opportunities
A new report from Aon Benfield, a reinsurance intermediary and capital advisor of Aon plc, says U.S. homeowners insurance is showing...
 | Flooding and Flood Models Explained: Karen Clark Reviews the BasicsThere are multiple types of flooding that can cause significant property damage and losses to insurance... |
East
Federal Court Rules Delaware Business Court's Private Arbitration Is Unconstitutional
Delaware's legal industry suffered a blow when a federal court found on Wednesday the state violated the U.S. Constitution with its novel ...
A Year After Sandy, a Slow Recovery for Thousands
A year after Superstorm Sandy catastrophically flooded hundreds of miles of eastern U.S. coastline, thousands of people still trying to fix ...
Survey: Many Sandy-Impacted Small Biz in N.Y. Unprepared for Another Storm
A year after Superstorm Sandy, a new survey of small business owners and managers in the metropolitan New York City area found that nearly ...
New Jersey's Second Homeowners Stuck in Limbo a Year After Sandy
The Jersey shore's small vacation bungalows and cottages have for decades staked out little plots of paradise where families who scrimped ...
Maryland's Chesapeake Employers Promotes Dreher to Director of Underwriting
Chesapeake Employers' Insurance Company, formerly IWIF, recently announced that Joanne Dreher has been promoted to director of ...
USI Appoints V.P. for Employee Benefits Services in N.Y. Metro Office
USI Insurance Services announced that Rick Renna has joined the brokerage as vice president in the New York metropolitan office. Renna ...
Midwest
Eyeing Affluent Market, Crestbrook Ready to Launch in Illinois
Well-to-do Illinois residents and their insurance agents can soon look forward to another option when it comes to protecting their assets. ...
Nebraska Insurance Agency Owner Gets 6 Months in Tax Case
A 69-year-old Nebraska businessman has been given six months in prison for not paying to the government money he'd withheld for federal ...
Missouri Insurance Department Adds Lederer as Property/Casualty Actuary
The Missouri Department of Insurance announced that Julie Lederer has joined the department as the appointed Missouri property/ casualty ...
Southeast
North Carolina, Florida Among States With Most Reported Heavy Equipment Thefts
A report this month from the National Insurance Crime Bureau (NICB) shows five of the top 10 states nationwide with the most reported heavy ...
North Carolina Captive Insurance Law Now in Effect
North Carolina is open for business as a domicile for captive insurance companies. The North Carolina Captive Insurance Act, signed into ...
South Carolina City's Special Court to Deal with Abandoned Properties
Florence is taking steps to deal with abandoned and run-down buildings and revitalize neighborhoods by starting a city livability court. ...
South Central
Louisiana Lawmakers Urged to Act on Flood Insurance Rate Hikes
Louisiana lawmakers are being urged to reach out to their colleagues in other states, to draw more attention to dramatic rate increases in ...
Louisiana Forensic Firms Move into New Business Lines
After Hurricane Katrina, several forensic engineering firms popped up in the New Orleans area to serve an insurance industry overwhelmed ...
Arkansas Judge OKs Class-Action Status in Marlboro Lights Suit
A judge in Arkansas has granted class-action status to a lawsuit that claims Philip Morris USA deliberately exaggerated the safety of its ...
West
Nevada DMV Approves Final Rules For Driver Cards
People living in Nevada without legal residency can begin logging on to a state website for information about a driver authorization card ...
Fireman's Fund Names Dipasupil Vice President in California
Novato, Calif.-based Fireman's Fund Insurance Co. named Jay Dipasupil vice president of professional liability. Dipasupil will lead ...
Oregon Jurors Order Hospital to Pay $2.4 Million
Jurors on Tuesday ordered a Columbia Gorge hospital to pay $2.4 million in compensatory damages to three victims of an anesthesiologist now ...
Leavitt Group Names Newman in Southern California
The Leavitt Group named Angela Newman vice president in its national restaurant insurance program. Newman will work in the Covina, Calif. ...
NTSB: 2 Dead BART Workers In California Charge Of Own Safety
National Transportation Safety Board investigators say under Bay Area Rapid Transit rules, the two track workers who were killed in an ...
International
Geneva Association Calls on Governments to Act on Disaster Risks
In recognition of the impact wrought by Superstorm Sandy - $68 billion, the second biggest natural catastrophe loss in U.S. history - and ...
Willis Launches Global 360 to Specialty Clients
Willis Limited, a subsidiary of Willis Group Holdings Plc, has announced the first set of insurers offering to support Global 360, which it ...
ACE Posts Record Q3 Operating Income of $857 Million; $916 Million Net
ACE Limited reported net income for the quarter ended September 30, 2013, of $916 million, $2.66 per share, compared with $640 million, ...
Allied World Reports $122.8 Million Q3 Net Income; $101.8 Million Operating
Allied World Assurance Company Holdings, AG reported net income of $122.8 million, or $3.54 per diluted share, for the third quarter of ...
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Posted: Thu Oct 24 -- I currently have my own agency and deal with multiple dealerships who also deal with la insurance. A lot of the clients purchase 7 day... justinarabo
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Reader Comments
Posted: Thu Oct 17 -- Go get em Hank! I agree the Federal government got involved in something they shouldn't have. And someone needs to question this government... Baxtor
Posted: Mon Oct 21 -- No what's INSANE is giving someone a gov't issued DL without proof of being here LEGALLY. InsGuy
Posted: Mon Oct 21 -- Yes FFA. Had you gone on the Fox site, you would have heard it and all the BS associated with it. In fact, you can click on the link and see... Agent
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Posted: Wed Oct 23 -- So you believed all the lies he told to get into office. Are you still okay with all the lies he's told since he's been in office. Fast and... Integrity Matters
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October 21, 2013
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25 Oct, 2013
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Source: http://insurancereviewinfo.blogspot.com/2013/10/daily-headlines-thursday-october-24-2013.html
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