Monday, February 14, 2011

Weekly Reader Picks: Monday, February 14, 2011

Sponsored by: MiniCo Insurance. Agents Have a Lot to Say Bout MiniCo: 'MiniCo provides excellent coverage for my self-storage clients.', 'MiniCo online quoting system is reliable, fast and easy to do!' Click here for more information.
Insurance Journal Weekly Reader Picks
February 14, 2011

Top 10 for the Past Week

1.Valentines Alert: Steer Clear of Romance Behind the Wheel
Feb 11, 2011 -- Nearly one-third of American drivers smooch or engage in other romantic contact while they're behind the wheel. That's throughout the year, not just on Valentine's Day, according to a new poll. Twenty-nine percent of drivers surveyed for the ...
2.Suit Filed in Dallas over Super Bowl Seat Problems
Feb 10, 2011 -- Angry football fans have sued the National Football League and the Dallas Cowboys, saying they were denied seats to Sunday's Super Bowl despite having paid thousands of dollars for tickets. The lawsuit was filed after the league admitted to mistakes ...
3.Inferior Results Will Force Admitted Carriers Out of the E&S World, Eventually
Feb 10, 2011 -- The loss of market share in the surplus lines sector of the property/casualty insurance industry will turn around when standard carriers begin to experience negative results from the non-standard business they've taken on in the past few years. The ...
4.Facebook Firing Suit Settled
Feb 9, 2011 -- A settlement has been reached in the case of a Connecticut worker who was fired for criticizing her boss on Facebook, according to the The National Labor Relations Board (NLRB). The case centered on a complaint issued last year by the NLRB against ...
5.Allstate to Exit Banking Business
Feb 9, 2011 -- The Allstate Corp., the nation's largest publicly held personal lines insurer, is getting out of the banking business. Discover Bank, a division of Discover Financial Services, is purchasing the $1.1 billion deposits of Allstate Bank and the two ...
6.AIG to Take $4.1 Billion Q4 Charge for Reserves
Feb 9, 2011 -- Bailed-out insurer American International Group Inc. said it would take a $4.1 billion charge at its Chartis unit after a review showed higher-than-expected claims on older policies for asbestos exposure and workers' compensation. In a further bid ...
7.SPECIAL REPORT: Extreme Weather Batters Insurance Industry
Feb 9, 2011 -- In Chester County, South Carolina, off a dirt road in the middle of a field, insurance companies are literally unleashing a storm. To simulate hurricane-like conditions, an industry group has built a wind tunnel big enough to accommodate nine large ...
8.Medical Marijuana Insurance Specialist Offers Pot Raid Coverage
Feb 8, 2011 -- Medical cannabis dispensaries, collectives, cooperatives, cultivators and caregivers  operating within state guidelines have a new option to protect themselves. MMD Insurance Specialists now offers raid coverage for medical marijuana operations. In ...
9.Insurance Fraud Starts with Unexpected Offer of Repair Services
Feb 8, 2011 -- Each year consumers pay more for their auto and homeowners insurance policies as a direct result of fraud. Unnecessary auto glass repairs, exorbitant towing charges, needless home repairs, total roof replacements, sinkhole damage, solicitation of ...
10.Mercury Insurance Suffers $23.6M Net Loss
Feb 8, 2011 -- Due in part to claims from California rainstorms and Florida sinkholes, Los Angeles-based Mercury Insurance reported a fourth quarter net loss of $23.6 million, compared with net income of $34.2 million for the same period in 2009. For the year, net ...

Popular Videos

Watch this Video Will Deficit Debate Affect Flood Insurance? Taxes?
Watch this Video Industry Can Count on Slow Economic Recovery in 2011
Watch this Video Changes in Technology

More Newsletters

Choose Newsletters
Enter Your E-mail
Sponsored by: MiniCo Insurance. Agents Have a Lot to Say Bout MiniCo: 'MiniCo provides excellent coverage for my self-storage clients.', 'MiniCo online quoting system is reliable, fast and easy to do!' Click here for more information.
Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2011 by Wells Publishing, Inc.

No comments:

Post a Comment