Monday, May 23, 2011

Weekly Reader Picks: Monday, May 23, 2011

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Insurance Journal Weekly Reader Picks
May 23, 2011

Top 10 for the Past Week

1.Allstate Targets Online Insurance Sales; Buys Esurance, Answer Financial
May 18, 2011 -- In a bid to capture more business  from customers who shop online, giant  Allstate Corp. has agreed to pay $1 billion to buy two popular online insurance sellers — Esurance and the associated site, Answer Financial. Allstate will pay a total ...
2.Florida Gov. Scott Signs Property Insurance Cost Control Bill
May 17, 2011 -- Florida Gov. Rick Scott has signed into law legislation that promises to lower costs for the state's property insurers, including what they pay on sinkhole claims. While the memory of former Governor Charles Crist's veto of a similar but smaller ...
3.Florida Court Knocks Out Hulk Hogan Claim Against Agency
May 17, 2011 -- A Pinellas County, Florida judge dismissed a lawsuit filed by Terry Bollea, better known as celebrity wrestler Hulk Hogan, in a matter stemming from his son's 2007 car crash that left passenger, Nick Graziano, with permanent brain damage. Though ...
4.Starbucks Sued for Firing Dwarf from Barista Job
May 18, 2011 -- The U.S. government is suing Starbucks, saying the coffee company fired a barista in El Paso, Texas because she is a dwarf. When the employee asked for a stool or small stepladder to perform her job, Starbucks denied the request and fired her that ...
5.Weather Pattern Behind Current Mississippi River Flood Similar to 1993
May 16, 2011 -- The flooding that has inundated low-lying communities and farmland for miles along the Upper and Lower Mississippi River is due to a large, slow-moving storm system that was spawned nearly a month ago. "The flooding began when a critical weather ...
6.Suit Says USAA Unfairly Denied Car Crash Claims
May 18, 2011 -- A Salem, Ore., attorney has filed a lawsuit accusing USAA Insurance Co, which represents military members and their families, of fraudulently denying claims after car crashes. The Salem Statesman Journal reports the suit, filed in Portland, accuses ...
7.Condo Owners File Suit over Fees at Chartis-Owned Ski Resort
May 16, 2011 -- When he signed to buy a condo at Vermont's Stowe Mountain Resort, Patrick Sullivan was told his share of fees charged by the resort developer for hotel-type services would be about $410 a year, not the roughly $8,000 a year the resort ended up ...
8.Son’s Suicide Prompts Connecticut Father to Sue Town
May 19, 2011 -- The father of a Montville, Connecticut high school sophomore who killed himself has filed a notice that he intends to sue the town and the school district for negligence, alleging his son was driven to suicide by bullying. Lawyers for Jose Mendes, ...
9.Best Sees ‘Growing Pressure’ for Higher P/C Insurance Rates
May 17, 2011 -- There is "growing pressure" to support increased rates in property/casualty insurance and reinsurance markets, rating agency A.M. Best has concluded in its most recent market analysis. As a consequence, Best said it is maintaining its stable rating ...
10.Top 10 States for Dog Bite Claims
May 11, 2011 -- State Farm Insurance Co. has released its top 10 states for claims involving dog bites, with California on top in number of claims and Florida recording the highest cost per claim. The Bloomington-based State Farm reported that California led the ...

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