Midwest

• Chubb Takes Advantage of Recent Law; Will Write Surplus-Lines Business in Home State

  By Arthur D. Postal, PropertyCasualty360.com  |  May 24, 2013

  Chubb has gained authority to write surplus-lines-insurance business in New Jersey, its own state--an apparent new trend.

• Ohio Psychotherapist Bilked Workers’ Comp of $74,700; Settles Out of Court

  By Christina Bramlet, PropertyCasualty360.com  |  May 24, 2013

  When a psychiatrist billed for a suspiciously high volume of counseling sessions, the Ohio BWC took a closer look.

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  Eqecat: Up to $5B in Insured Losses from Recent Tornado Activity

  By Phil Gusman, PropertyCasualty360.com  |  May 24, 2013

  The storm system that produced deadly tornadoes this past week, including the one that leveled Moore, Okla., is expected to cause between $2 billion and $5 billion in insured property losses, according to catastrophe modeler Eqecat.

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  Oklahoma Tornado Preparedness Lauded by Some, Questioned by Others

  By Anya Khalamayzer, PropertyCasualty360  |  May 23, 2013

  As news reports question the lack of shelters in Oklahoma, insurance experts say that Tornado Alley residents are more prepared than ever to handle tornado damage.

• Who's Using What: The Latest News in Insurance Software Implementations

  By Robert Regis Hyle, PropertyCasualty360.com  |  May 23, 2013

  CUNA Mutual Group, through its TruStage Insurance Agency, has revamped its customer contact strategy through the use of SAS Enterprise Guide to provide relevant, timely offers to credit union members.

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  After the Storm: Analyzing Tornado Structural Damage

  By Christina Bramlet, PropertyCasualty360.com  |  May 22, 2013

  Will the property damage in Moore, Okla. be similar to the $2.8 billion devastation in Joplin 2 years ago?

• Treasury Refuses to Give Timetable on Systemically Important Non-Bank Designations

  By Elizabeth Festa, PropertyCasualty360.com  |  May 21, 2013

  The Financial Stability Oversight Council expects to vote on proposed designations of an initial set of nonbank financial companies in the near term, according to Treasury Secretary Jacob Lew in prepared testimony today before the Senate Banking Committee.

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  All About Tornadoes

  By Phil Gusman, PropertyCasualty360.com  |  May 21, 2013

  Tornadoes have caused $97.8 billion in insured losses in the U.S. between 1990 and 2009, making these weather events second only to hurricanes for that period as the costliest natural disasters. Learn about the damage caused to the U.S. in recent years from these weather events.

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  For Core Solutions, Some Insurers Opt for the Suite Life

  By Robert Regis Hyle, PropertyCasualty360.com  |  May 21, 2013

  The decision isn’t just which new software solution to buy, but whether your strategy should be to purchase a best-of-breed solution or the increasingly popular software suite.

• Tornadoes Pummel Midwest with More to Come

  By Anya Khalamayzer, PropertyCasualty360  |  May 20, 2013

  More than 20 tornadoes roared through the Midwest Sunday, and reports promise continuing severe weather today.

• Hires and Promotions at Woodruff-Sawyer, Pioneer Underwriting, OneBeacon, Central Insurance, Jimcor and RSC- Around the Industry

  By Staff Writer  |  May 17, 2013

  New Programs at Victor O. Schinnerer, Markel Service, Liberty and Zurich

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  Allstate Seeks Independent Agents to Sell Branded Products

  By Mark E. Ruquet, PropertyCasualty360.com  |  May 16, 2013

  Faced with attrition in its captive agencies, and a declining number of policies-in-force, Allstate Corp. is turning to a surprising distribution source to drive its brand: independent agents.

• Allstate Estimates $216M in Catastrophe Losses for April

  By Staff Writer  |  May 16, 2013

  Northbrook, Ill.-based insurer Allstate Corp. estimates catastrophe losses for the month of April at $216 million pre-tax and $140 million after-tax.

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  Top 10 States for Dog Bite Claims

  By Caterina Pontoriero, PropertyCasualty360.com  |  May 15, 2013

  It’s a dog-eat-dog world, and last year 3,670 State Farm customers were wearing Milk-Bone underwear. Click to see State Farm’s top 10 states for dog bite claims in 2012.

• Appeals Court: Medicare Secondary Payer Act Doesn't Preempt State Law

  By Arthur D. Postal, PropertyCasualty360.com  |  May 15, 2013

  Medicare does not preempt state workers compensation laws that establish rules dealing with the handling of medical claims, the 5th U.S. Circuit Court of Appeals has ruled.

• Progressive April Net Income More Than Doubles

  By Chad Hemenway, PropertyCasualty360.com  |  May 15, 2013

  Progressive Corp. says April net income skyrocketed 128 percent to $139.5 million.