Monday 14 May 2012

Weekly Reader Picks: Monday, May 14, 2012

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Insurance Journal Weekly Reader Picks
May 14, 2012

Top 10 for the Past Week

1.N.J. Judge to Decide If Text Sender Liable for Car Crash
May 7, 2012 -- A New Jersey judge will likely soon decide whether a woman who sent a text message to a male friend can be held liable for a car crash he caused while reading the message. The Daily Record reports the legal question ...
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2.Future Vision: Will Driving Become Too Safe to Insure?
May 8, 2012 -- What would happen to the auto insurance industry if automobile safety improves to the point that vehicle collisions become relics of the past? That's the question explored by global consulting and research firm, ...
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3.New Antarctic Ice Shelf Threatened by Global Warming
May 10, 2012 -- Scientists are predicting the disappearance of another vast ice shelf in Antarctica by the end of the century that will accelerate rising sea levels. The Filchner-Ronne Ice Shelf fringing the Weddell Sea on the eastern ...
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4.Miami Boat Captain Charged with Insurance Fraud Over Sinking of $1.8M Yacht
May 10, 2012 -- A Miami boat captain has been arrested on a first-degree grand theft charge for allegedly sinking a $1.86 million yacht in 2009 off the Bahamas. Florida Chief Financial Officer Jeff Atwater announced the arrest of ...
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5.Law Firm Dewey & LeBoeuf Fires 450 People; Laid-Off Worker Files Suit
May 11, 2012 -- Dewey & LeBoeuf has terminated about 450 people at its New York office effective today, May 11, according to a lawsuit filed by an employee who complained the law firm failed to give her adequate notice. The employees ...
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6.Duplicate Regulation Drives Up Commercial Premiums, Says Iowa Researcher
May 8, 2012 -- Buyers of commercial liability insurance pay as much as 31 percent more in insurer compliance costs if their insurance company has to comply with regulations from multiple states instead of just a single regulator, ...
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7.Missouri Woman Wins $5.8M in ‘Girls Gone Wild’ Case
Apr 30, 2012 -- A company that makes "Girls Gone Wild" DVDs is seeking to overturn a verdict awarding nearly $6 million to a St. Louis-area woman who claims her bare breasts were recorded without permission. St. Louis Circuit Judge ...
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8.Jury Awards $24M to Woman Hit by Driver in Texas on Phone
May 7, 2012 -- A Corpus Christi jury awarded $24 million to a woman who was hit by a Coca-Cola truck driver who was chatting on her cellphone. The jury decided to give 37-year-old Vanice Chatman-Wilson $10 million in punitive damages ...
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9.Do Safety Incentives Discourage Workers from Reporting Injuries?
May 10, 2012 -- Many employers are in the dark over whether their safety incentive programs encourage or discourage the reporting of injuries and illnesses by their employees, or if they have no effect. But a new report says employers, ...
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10.U.S. Treasury Could See $15 Billion Profit from AIG Bailout: GAO
May 8, 2012 -- U.S. taxpayers could see a profit from the 2008 bailout of American International Group Inc. (AIG), according to a Congressional report. "When all the assistance is considered, the amount the federal government ...
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