Today's Headlines
National
Is Obamacare Headed for Death Spiral?
Another week has passed, which apparently means that it's time for another terrifying article from Sharon LaFraniere, Ian Austen and Robert ...
Aspen Re Forms Rock Re in U.S. for Facultative Brokered Property
Bermuda-based Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings Limited has formed Rock Re, a new dedicated brokered ...
Amwins Group Seeks $175M Acquisition Loan
North Carolina-based wholesale brokerage Amwins Group Inc. is seeking a $175 million add-on term loan for an acquisition. The insurance ...
Program Business Market Grows 10% to $27B, TMPAA Study Finds
The Target Markets Program Administrators Association (TMPAA) released the results of its annual research to document the size, ...
Westrope Named President of Surplus Lines Group, NAPSLO
Kevin T. Westrope, president of Westrope, an independent wholesale brokerage based in Kansas City, Mo., has been elected to serve as the ...
U.S. Unveils Draft of Voluntary Corporate Cybersecurity Standards
A U.S. bureau on Tuesday unveiled a draft of voluntary standards that companies can adopt to boost cybersecurity - part of an attempt to ...
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...
 | Will Biggert-Waters Save the NFIP? No, It's Not Even CloseThe Biggert-Waters Flood Insurance Reform Act (Biggert-Waters) was enacted in 2012 with the goal of reforming and... |
East
N.J.'s Sandy Victims Tell State Panel: Insurance, Red Tape Are Horrendous
Nearly a year after Superstorm Sandy, victims of the storm told a New Jersey state panel that insurance woes and bureaucratic red tape are ...
Washington Metro Settles Lawsuit Against Aon Stemming From 2009 Crash
The Washington Metropolitan Area Transit Authority (Metro) has agreed to settle a lawsuit against its insurance broker that stemmed from ...
Connecticut to Help East Haven Residents Apply for Sandy Recovery Funds
The state of Connecticut will open an office in East Haven to help residents apply for money from a Superstorm Sandy disaster recovery ...
Midwest
Blizzard-Lost Plains Cattle Will Hurt Area Economy
An early October blizzard that killed tens of thousands of cattle in western South Dakota will have a staggering impact on the regional ...
Iowa State Troopers Target Out-of-State Drivers
Drivers with out-of-state plates are much more likely to be stopped by the Iowa State Patrol when they drive in the state. The Des Moines ...
North Dakota Town Pursuing Scaled-Down Flood Control Project
Officials in Grafton are pursuing a scaled-down project that would provide flood protection for at least some of the northeastern North ...
Southeast
Florida Regulators Disapprove NCCI's 1% WC Rate Increase Proposal
Florida Insurance Commissioner Kevin McCarty today issued an order notifying the National Council on Compensation Insurance (NCCI) that its ...
Florida Court Reverses Itself: 104-Week Limit on Temporary Benefits Constitutional
A Florida district court has overturned an earlier ruling that found a 104-week limit on an injured worker's temporary benefits ...
Two Arrested in Alleged Staged Accident Scam in North Carolina
North Carolina's Insurance Commissioner Wayne Goodwin this week announced the arrest of two people in an alleged insurance fraud scheme ...
South Central
RHB Management to Acquire 2 Republic Group Subsidiaries
Dallas-based Republic Group announced that RHP Management LLC will acquire all of the outstanding shares of common stock of Republic ...
2 Teens Severely Burned in Arkansas Haunted House Fire
Two teenagers working as volunteers at a northeast Arkansas haunted house suffered severe burns when another worker poured paint thinner ...
Old Arson Cases in Texas Being Reviewed by New Panel
A new review by the Texas State Fire Marshal's Office of old arson cases that might have relied on bad science has so far discovered three ...
West
Suit Disputes Oregon's Claim in Malpractice Award
A former Eugene woman is trying to keep the state of Oregon from claiming more than $200,000 from a medical malpractice settlement she ...
Two Legacy Network Executives in Idaho Sentenced
The former founder and chairman of the board of The Legacy Network, an insurance brokerage agency in Rexburg, Idaho, and his son were ...
California Construction Firm Owner, Family Sentenced for WC Fraud
The owner of a Northern California construction company and his family members in were convicted of committing workers' compensation ...
SCM Names White Communications Director in Southern California
SullivanCurtisMonroe Insurance Services LLC named Candice White director of marketing and communications in its Irvine, Calif. office. ...
Cook Named Vice President of Risk Management for IMA in Colorado
IMA Inc. named Lawrence Cook to its risk management team as a vice president. Cook will be focused on the management of existing captive ...
International
AIR Reports on New South Wales Bushfires; State of Emergency
Bushfires that started last week in the Australian State of New South Wales have been exacerbated by hot, dry, and windy conditions spread ...
United States Urges More Flexibility in new Global Climate Deal
The United States called on Tuesday for a more flexible approach to a new United Nations' climate deal which balances the needs of all ...
Hannover Re Sees Higher Rates in Germany on Floods, Hailstorms
Hannover Re, the world's third largest reinsurer, said it expects higher rates for insurance and reinsurance in Germany following this ...
Willis to Allocate Share of London Business to Pre-Selected Insurers
Willis Group Holdings Plc, the third-largest insurance broker by market value, agreed to allocate as much as 25 percent of premiums from ...
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Posted: Tue Oct 22 -- Last time I shopped for a phone, I had 3 different reps come in and give me their proposals. It's like buying an insurance program. You want... yoyowordup
Posted: Tue Oct 22 -- Does a serial # really help? What are the chances that they find your laptop? I'm sure there is a chance, but I'm guessing very slim. Most... yoyowordup
Posted: Mon Oct 21 -- One of our offices is similar in size and personnel. We have one CSR who handles only PL, one CSR who handles the larger CL accounts, and... superdash8
Posted: Sat Oct 19 -- We can do the foreign liability (US and Canada claims would be excluded)... INTLXS
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Posted: Fri Oct 18 -- Auto Coverage would NOT be first if the volunteer was driving their own car, at fault and had no med pay. yoyowordup
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Reader Comments
Posted: Wed Oct 16 -- Okay, ridiculous! It's not those who have one drink that are running things and people over. It's those that are having 8-10 drinks. I say,... Captain Planet
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
Posted: Tue Oct 22 -- The Truth Hurts. Cheetoh Mulligan
Posted: Fri Oct 18 -- Well, some people don't live in reality. Some live in Faux Newsland. The planet is alive and we know we do things to kill it and the... Captain Planet
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October 21, 2013
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24 Oct, 2013
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Source: http://insurancereviewinfo.blogspot.com/2013/10/daily-headlines-wednesday-october-23.html
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