Monday, November 8, 2010

Weekly Reader Picks: Monday, November 8, 2010

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Insurance Journal Weekly Reader Picks
November 8, 2010

Top 10 for the Past Week

1.Illinois Governor's Race Too Close to Call
MIDWEST Nov 3, 2010 -- Illinois still doesn't know who the next governor will be. The contenders, incumbent Gov. Pat Quinn, a Democrat, and Republican state Sen. Bill Brady of Bloomington, are running neck-and-neck, each with a little more 46 percent of the votes, according to the Chicago ...
2.Election Will Mean New Faces in State Insurance Commissioner Jobs
NATIONAL Nov 1, 2010 -- Tuesday's elections could have ramifications for a number of state insurance commissioner posts across the country. Nationwide, 11 commissioners are directly elected but there are only four such elections tomorrow; the rest of commissioners are appointed, mo
3.Insurance Pricing Cycle Due for a Change, Berkley CEO Says
NATIONAL Nov 4, 2010 -- It's time for a change in the property/casualty insurance pricing cycle, says William R. Berkley, founder, chairman and CEO of the W.R. Berkley Corp., and he's "optimistic" that the cycle will turn sooner rather than later. Speaking at NAPSLO's annual convention in ...
4.Former LSU Lineman Suing Lloyd's over $2M Insurance Policy
TEXAS / SOUTH CENTRAL Nov 1, 2010 -- Former Louisiana State University offensive lineman Ciron Black is seeking $4 million in a lawsuit claiming that underwriters at Lloyd's of London did not pay an insurance policy he bought before a career-ending knee injury. In a federal lawsuit filed Oct. 29, Black said ...
5.Can Republicans Repeal U.S. Healthcare Overhaul?
NATIONAL Nov 2, 2010 -- Republicans have vowed to repeal and replace President Barack Obama's healthcare overhaul -- or at least obstruct many of its provisions -- if they win control of Congress on Tuesday. National polls show voters are evenly divided on the law dubbed "Obamacare'' by its ...
6.Republicans Gain Control in State Houses
NATIONAL Nov 4, 2010 -- Republicans were not only victorious in the U.S. House but also in state houses across the country. Tuesday night's GOP power will give the party its largest number of seats in state legislatures since the Great Depression, according to the National Conference of State ...
7.Judge Dismisses 'Mommy Track' Lawsuit Against Goldman Sachs
NATIONAL Nov 5, 2010 -- Goldman Sachs Group Inc. no longer faces a bias lawsuit by a former vice president who said the Wall Street bank put her on a "mommy track'' and fired her while she was on maternity leave. Judge Robert Patterson dismissed the case brought by Charlotte Hanna in a ...
8.Starbucks Defeats New York Woman's Tea Burn Lawsuit
EAST Nov 3, 2010 -- A Manhattan woman has failed to persuade a U.S. appeals court that Starbucks Corp should be held liable for severe burns she suffered after spilling tea served in a double cup. The 2nd U.S. Circuit Court of Appeals upheld Tuesday a lower court's dismissal of a $3 ...
9.White House to Business: Why Can't We Be Friends?
NATIONAL Nov 3, 2010 -- It seemed like the beginning of a beautiful friendship -- or at the very least a functional relationship. In March 2009, with the United States on the brink of recession and the stock market at 12-year lows, President Barack Obama met with the Business Roundtable, an ...
10.Exclusive
Why Now Is a Good Time for Agency Network Growth
NATIONAL Nov 5, 2010 -- They go by many names — networks, alliances, franchises, clusters and aggregators — but all have similar goals. Aggregator groups have been around the insurance industry for more than three decades but in the past few years they have become very popular. ...

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