Top 10 for the Past Week | 1. | Many Insurers Seen Missing Tech Opportunities to Target Gen Y
NATIONAL Nov 22, 2010 -- Most insurers are letting consumer technology like smartphones and social media networks get ahead of them, creating a challenge to attract a new generation of customers who are not interested in doing business with agents the way their parents did. But it has also ... | | 2. | Health Insurance Brokers May Ask Congress to Protect Commissions
NATIONAL Nov 22, 2010 -- As insurance brokers feared, the Obama Administration has not exempted broker commissions from the formula for the medical loss ratio that health insurers must adhere to beginning in 2011. Brokers say they may ask Congress to intervene if the medical loss ratio (MLR) ... | | 3. | Black Friday, Cyber Monday: Holiday Shopping Rush Brings Risks
NATIONAL Nov 23, 2010 -- Americans' spending hits a fever pitch during the holidays and two days in particular – "Black Friday" and "Cyber Monday" – leave retailers and consumers vulnerable to different exposures. The day after Thanksgiving -- also known as Black Friday -- is ... | | 4. | California Delays Licensing Implementation Six Months
WEST Nov 24, 2010 -- The California Department of Insurance is delaying for six months the implementation of a new licensing requirement for fire and casualty licensees that want to sell health insurance. AB 2782 would have required existing fire-and-casualty licensees to obtain a separate ... | | 5. | Kentucky Jury Awards $42 Million in Nursing Home Death
SOUTHEAST Nov 22, 2010 -- The family of a man who died after nine days in a Madisonville nursing home has won a $42.75 million verdict. Attorney Lisa Circeo argued in court that 92-year-old Joseph Clint Offutt died because Harborside of Madisonville staff neglected him. She said Offutt suffered ... | | 6. | SAP to Pay $1.3 Billion Damages to Oracle for Copyright Infringement
NATIONAL Nov 24, 2010 -- SAP AG must pay Oracle Corp $1.3 billion for software theft in a jury verdict that could be the largest-ever for copyright infringement. The decision, by a U.S. district court jury in Oakland California, drew a gasp from the courtroom and prompted hugs and handshakes ... | | 7. | Lloyd's Chairman To Discuss Emerging Risks on Dec. 2
WEST Nov 24, 2010 -- "Risk-taking lies at the heart of business operations, and it can also lead to problems if not handled properly," said Anil Puri, dean of Mihaylo College of Business and Economics at Cal State Fullerton. Thus, a "discussion of the connection between risk and innovation ... | | 8. | 2 Louisiana Insurance Producers and Employee Served with Fine Notices
TEXAS / SOUTH CENTRAL Nov 24, 2010 -- Two Slidell, La., producers were served with fine notices by Louisiana Department of Insurance Fraud Section Investigators on Nov. 19 for allegedly allowing and compensating an unlicensed employee to act as an insurance producer on behalf of their business. The employee ... | | 9. | Texas Employers Now Can Report Workers' Comp Status Online
TEXAS / SOUTH CENTRAL Nov 24, 2010 -- State law requires Texas employers who do not carry workers' compensation insurance coverage to report their non-coverage status and work-related injuries and illnesses to the Texas Department of Insurance, Division of Workers' Compensation (TDI-DWC). Now non-coverage ... | | 10. | State Legislators Adopt Surplus Lines Tax Compact, Compliance Resolution
NATIONAL Nov 24, 2010 -- The National Conference of Insurance Legislators (NCOIL) has adopted a revised version of the Surplus Lines Multi-State Insurance Compact (SLIMPACT) as well as a resolution urging the states to amend their insurance laws to have them conform to the recently passed ... | Popular Videos | |
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