Friday, December 10, 2010

Daily Headlines: Friday, December 10, 2010

Claims Journal Daily Headlines
December 10, 2010
News By Region  National  International  East  Midwest  Southeast  South Central  West

Today's Headlines

National

S&P: U.S. Personal Lines Insurance Sector Outlook Revised To Stable

Rates for the personal lines insurance sector continue to see improvements, according to a new report. While pricing for the U.S. commercial...

U.S. Employees Use Nearly Three Weeks of Sick Time

U.S. workers took an average of 14 sick days in 2007 due to their own illness or injury, or to care for a sick child or other family member,...

Ratings Recap: State Auto National, Mountain West Farm Bureau

Standard & Poor's Ratings Services has placed its 'A-' counterparty credit and financial strength ratings on State Auto National...
New Class: The Real Effects of Granting Additional Insured Status -- Register Now
East

Feds Helping Investigate Major Baltimore Fire

The head of a U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives investigative team says the origin of a blaze in Baltimore's adult...

Wood Stove Fire Leads to $100K in Damage to Delaware House

Fire officials say a blaze has caused $100,000 in damage to a house in Delaware City, Delaware. The fire was reported about 12:30 p.m....

Connecticut Says Tougher Teen Driving Rules Save Lives

State officials say Connecticut's tough new restrictions on teenage drivers are saving lives. There were six fatal crashes involving 16- and...

Upstate New York Woman Admits to Insurance Fraud

A New York woman who was seriously injured after crashing her car into an unoccupied house Upstate New York admitted she lied about the...

Petit Named Claims Director for IWIF

Melinda Petit has been promoted to director of claims operations for IWIF Workers' Compensation Insurance. She will oversee management of...
Midwest

Judge Orders $15M to Indiana Crash Victim's Family

A federal judge has awarded $15 million to the family of one of four people killed in a 2005 crash on the Indiana Toll Road caused by a...

Oil Field Company in North Dakota Destroyed by Fire

An oil field service company in Minot has been destroyed by fire. No injuries were reported in the blaze at Folter Energy late on Dec....

Illinois Program to Provide $5M in Loans for Small Businesses

New and existing small businesses can apply for $5 million in loans through an Illinois program aimed at creating and retaining jobs in...
Southeast

North Carolina Woman Charged with False Oil Spill Claim

Federal prosecutors have charged a North Carolina woman with filing fraudulent claims for relief from the BP oil spill by stealing the...

Geiger Named Loss Control Manager at Sunz

Florida-based Sunz Insurance Co. has named David Geiger as loss control manager. The 20-year industry veteran will develop safety programs,...
Sponsored by: National Association of Catastrophe Adjusters. Start your engines! Register now for the 2011 NACA Convention 'Pulling Away From the Competition', January 10-13, in Daytona Beach, Florida. Click here for more info.
Texas / South Central

Green Industry Group Nears $3M Texas Mutual Dividend Mark

Texas Mutual Insurance Co. announced a $195,811 dividend to the Texas Green Industry (TGI) purchasing group, pushing that group's total...

Silo at Tyson Feed Mill in SW Arkansas Collapses

A Tyson Foods worker was missing after the collapse of a Tyson feed mill in southwestern Arkansas. The Arkansas Democrat-Gazette reports the...
West

Calif. Insurance Broker Arrested for Elder Theft

The California Department of Insurance announced that Paul Edward Broussard of Inglewood, Calif., has been arrested on one felony count of...
International

Ratings Roundup: Dongbu, Afianzadora, BNY Trade, Unive Her

A.M. Best Co. has affirmed the financial strength rating of 'A' (Excellent) and issuer credit rating of "a" of South Korea's Dongbu...

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