Monday, July 18, 2011

Weekly Reader Picks: Monday, July 18, 2011

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Insurance Journal Weekly Reader Picks
July 18, 2011

Top 10 for the Past Week

1.Insurer Wants to Sign 100 Agents in 100 Days
Jul 13, 2011 -- A commercial lines insurer is on a mission to sign a number of independent agents— as many as 100 of them —within the next 100 days. From July 12 through October 12, South Carolina-based Accident Insurance Co. (AIC) will be looking to sign up ...
2.House Approves Flood Insurance Program Renewal, Reforms
Jul 13, 2011 -- The House of Representatives has approved a bipartisan bill to reauthorize the federal flood insurance program for five years and change some of its practices to improve its financial operations. The measure to renew and reform the National Flood ...
3.Insurer Questions Coverage for Jilted Football Player's Engagement Ring
Jul 11, 2011 -- A jilted professional football player has filed a lawsuit to compel the safe return of the $76,000 engagement ring he offered in a marriage proposal-by-mail. An insurance company investigation determined the bauble was in the possession of the wide ...
4.Michigan Woman Sues Man After Facebook Romance Fails
Jul 14, 2011 -- A suburban Detroit woman is suing a Washington state man for more than $8,000 in damages after a failed Facebook romance. Fifty-year-old Cheryl Gray of Livonia filed the civil lawsuit in May against 35-year-old Wylie Iwan of Kennewick, Wash., ...
5.Agents Question GM Free Car Insurance Deal With MetLife Auto
Jul 12, 2011 -- Independent insurance agents are raising concerns over a General Motors promotion that offers car buyers in the Pacific Northwest a year of free liability and damage insurance from MetLife Auto & Home. Hoping to put more drivers in Oregon and ...
6.U.S. Hurricane Season Could Be Market Tipping Point: Marsh
Jul 11, 2011 -- Reacting to the recent spate of major natural catastrophes, insurers are being more selective in the capital they deploy and have in some cases withdrawn from catastrophe affected regions and loss-making sectors of business, according to leading ...
7.Paralyzed Chinese Gymnast Agrees to $10 Million Injury Settlement
Jul 14, 2011 -- A champion Chinese gymnast who was paralyzed in an accident at the 1998 Goodwill Games has reached a deal with insurance companies to cover her medical care and rehabilitation in China, as well as provide financial help, her lawyer said. The lawyer, ...
8.Domino’s Sued After Texas Deliveryman’s Death
Jul 15, 2011 -- Domino's is being sued by the widow of a Texas employee who died a year after being robbed and beaten with a baseball bat by teens who lured the deliveryman to a vacant house. The lawsuit alleges the company was negligent in failing to follow safety ...
9.Which U.S. Metro Areas Are Most Able to Withstand a Disaster?
Jul 15, 2011 -- Which U.S. metro region is most likely to come out of the next economic recession, natural disaster or other regional "shock" relatively unscathed? According to new research at the University at Buffalo, Washington, D.C, is a very good place to ...
10.Fidelity National Sells Flood Insurance Business
Jul 13, 2011 -- Title insurer Fidelity National Financial Inc. has sold its flood insurance operations to WRM America Holdings LLC. Under the terms of the definitive agreement, WRM America of Uniondale, New York, will acquire 100 percent of the equity interests of ...

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