Monday, February 21, 2011

Weekly Reader Picks: Monday, February 21, 2011

Insurance Journal Weekly Reader Picks
February 21, 2011

Top 10 for the Past Week

1.Insurer Rejects Fan’s $50,000 Hockey Shot Pay-Out
Feb 18, 2011 -- An Indiana Ice fan who shot a hockey puck the full 175-foot length of the hockey rink into a target with the chance to win $50,000 in a minor league hockey game promotion won't be able to give the money to charity. The insurance company that holds ...
2.Michigan Man Slips Up in Trip-and-Fall Case
Feb 18, 2011 -- A man who tripped and fell has lost his lawsuit against Michigan's Bay City because he gave the wrong location. The Michigan appeals court says state law is very clear: Robert Graczyk needed to be exact when informing Bay City about a bad sidewalk. ...
3.Study Warns Rising Seas Could Threaten 180 U.S. Cities by 2100
Feb 17, 2011 -- Rising seas spurred by climate change could threaten 180 U.S. coastal cities by 2100, a new study says, with Miami, New Orleans and Virginia Beach among those most severely affected. Previous studies have looked at where rising waters might go by ...
4.Connecticut Court: Man Charged in Arson Can Sue Insurer
Feb 16, 2011 -- A Connecticut man charged with burning down his beach home hours before he was supposed to give it to his estranged wife can sue the home's insurer for emotional distress, the state Appellate Court has ruled. Richard Shenkman, 62, is also accused of ...
5.Michigan Judge Rules Wal-Mart Can Fire Employee for Marijuana Use
Feb 16, 2011 -- Michigan law legalizing medical marijuana doesn't stop private businesses from firing people for drug use, a federal judge said in dismissing a lawsuit against Wal-Mart Stores Inc. U.S. District Judge Robert Jonker said the law, approved by voters ...
6.Whistleblower Alleges JPMorgan Ignored Red Flags on Fraud
Feb 16, 2011 -- A former JPMorgan Chase & Co. private banker has filed a new whistleblower complaint against the bank, saying it ignored many red flags about a suspicious client even after the fraud of another client, Bernard Madoff, was exposed. Jennifer ...
7.Risk Managers Like, Don’t Like, Obama Budget Reinsurance Proposals
Feb 15, 2011 -- Risk managers have found things to like, and not like, in President Barack Obama's budget proposal for the 2012 fiscal year. The Risk and Insurance Management Society (RIMS) expressed its continued opposition to a proposal in Obama's blueprint that ...
8.New York Drivers Will Get Points for Talking on Cell Phones
Feb 15, 2011 -- Beginning tomorrow, New York drivers who are caught talking on their cell phones without a headset will gain two points on their driving records — which means higher insurance costs. The New York Department of Motor Vehicles (DMV) announced the ...
9.Mood on Main Street: How Recession Changed Insurance Buying Habits
Feb 15, 2011 -- The recession has taken its toll on contractors, restaurants, retailers, small manufacturers and other Main Street business around the country and most of the survivors are not going to soon forget the pain of the past few years. As building ...
10.The Hartford Launches Workers Comp Guide For Business Owners
Feb 14, 2011 -- The Hartford Financial Services Group, Inc. has introduced an e-learning guide designed to clarify and simplify workers' compensation insurance. The Hartford developed the new online resource for business owners and others involved in buying ...

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