Monday, November 22, 2010

Weekly Reader Picks: Monday, November 22, 2010

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Insurance Journal Weekly Reader Picks
November 22, 2010

Top 10 for the Past Week

1.Exclusive
Do Certificates of Insurance Matter?
TEXAS / SOUTH CENTRAL Nov 17, 2010 -- For many years it has been generally understood by agents, insurers and insureds that Certificates of Insurance are very limited in their purpose. That view may be under assault in Texas. Generally, a Certificate of Insurance is a summary document usually issued by an ...
2.Hulk Hogan Adds Ex-Wife as Defendant in Insurance Broker Suit
SOUTHEAST Nov 18, 2010 -- Celebrity wrestler Hulk Hogan's attorneys have added his ex-wife as a defendant to a lawsuit against his insurance broker for allegedly failing to adequately protect his fortune. The lawsuit claims Wells Fargo Insurance Services should have protected Hogan with an ...
3.Driver in Fatal Connecticut Crash Sues Victim's Parents
EAST Nov 16, 2010 -- A Connecticut driver who's serving a manslaughter sentence for striking and killing a 14-year-old boy is suing the victim's parents, blaming them for their son's death because they allowed him to ride his bike in the street without a helmet. Matthew Kenney's parents, ...
4.Broker Wins Appeal Against CRC Insurance Services
WEST Nov 15, 2010 -- The California Court of Appeal, Second Appellate District, has reversed a lower court's $4.2 million judgment against former CRC Insurance Services broker Constance Callan. According to court documents in Constance Callan v. CRC Insurance Services Inc., Tom Curtin, et. ...
5.Exclusive
How an E&O Claim Could Affect Agency Employee's Career
NATIONAL Nov 18, 2010 -- Today's soft insurance market, reduced commissions and a tough economy for agency owners and their clients might be adding to agency errors and omissions (E&O) exposures. But agency owners are not the only ones in an agency who should be concerned over E&O ...
6.P/C Insurer Rules on Medicare, Medicaid Liability Claims Delayed
NATIONAL Nov 16, 2010 -- Property/casualty insurers will have some extra time to comply with new Medicare and Medicaid liability claims reporting requirements. The Department of Health
7.Inside The Disaster Blaster
NATIONAL Nov 17, 2010 -- For those who question the intelligence of insurance companies, here's a new industry development that should answer those questions once and for all: The insurance industry is ecstatic because it just dropped $40 million on a three-bedroom house that fell down in ...
8.South Carolina Parents Sue School Over Son's Playground Accident
SOUTHEAST Nov 15, 2010 -- Two parents are suing the Beaufort County School District for negligence after their son broke both arms on a school playground. Patricia and Ben Stott told The Beaufort Gazette that the Bluffton Elementary School playground isn't adequately supervised. The Stotts' ...
9.Insurance Mergers Complicated by Economy, Low Valuations, Hidden Risks
NATIONAL Nov 15, 2010 -- With organic growth difficult in the current economy and soft market, there could be an increase in insurance industry merger and acquisition activity over the next 12 to 18 months, according to mergers and acquisitions experts. But the experts at global services firm ...
10.Soft Commercial Lines Market to Persist: Marsh
NATIONAL Nov 17, 2010 -- Soft U.S. commercial insurance market conditions are expected to persist through the fourth quarter of 2010, according to preliminary rate information published by Marsh. So far in the fourth quarter, Marsh said its clients renewing their programs have experienced ...

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Most Printed

> Do Certificates of Insurance Matter? NATIONAL -- Nov 17, 2010
> P/C Insurer Rules on Medicare, Medicaid Liability Claims Delayed TEXAS / SOUTH CENTRAL -- Nov 16, 2010
> Soft Commercial Lines Market to Persist: Marsh NATIONAL -- Nov 17, 2010
> How an E&O Claim Could Affect Agency Employee's Career NATIONAL -- Nov 18, 2010
> Cyber Crime Reaches Milestone NATIONAL -- Nov 16, 2010
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