Monday 4 February 2013

Weekly Reader Picks: Monday, February 4, 2013

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Insurance Journal Weekly Reader Picks
February 4, 2013

Top 10 for the Past Week

1.U.S. Commercial Insurance Prices to Firm in 2013: Marsh
Jan 30, 2013 -- Rates for commercial lines insurance will continue to rise in 2013 thanks to above average losses, low investment returns and receding reserve releases. However, according to a new report published by Marsh, traditional ...
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2.Nebraska Bicyclist Sues Homeowners over Crash on Trail
Jan 30, 2013 -- The past and current owners of a south Lincoln, Neb., home are being sued by a man who was hurt when he crashed his bike on a trail near the house in 2011. The Lincoln Journal Star reports that Christopher Hepburn of ...
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3.Insurance Industry Predicts Super Bowl XLVII
Feb 1, 2013 -- Insurance experts who make their living predicting and paying losses overwhelmingly believe that the Baltimore Ravens are headed for a loss in Sunday's Super Bowl XLVII (47 for those who never learned Roman numerals). ...
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4.Only 11 States Have Moved on Obamacare Health Regulations
Feb 1, 2013 -- Only 11 of the 50 U.S. states have moved to implement new consumer safeguards under President Barack Obama's healthcare law, raising questions about how major health insurance reforms will be enforced, a report released ...
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5.Insurers Say Latest CFA Study Is Flawed; Marketplace Is Highly Competitive
Jan 29, 2013 -- The new auto insurance pricing study from the Consumer Federation of America (CFA) is getting roundly criticized by insurance industry representatives. The representatives say that states' auto insurance marketplaces ...
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6.Wisconsin Couple Can’t Collect in Birth Control Mix-Up
Feb 1, 2013 -- A clinic that mistakenly gave vitamins instead of birth-control pills to a Wisconsin woman doesn't have to pay to raise the child she conceived but can be sued for other financial damages, a state appeals court has ...
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7.Sandy Hit N.J.’s Maritime Industry Hard; Insurer Says 25,000 Boats Damaged
Jan 29, 2013 -- Capt. Harold ``Smitty'' Smith couldn't believe it -- they were everywhere, hundreds of them.Stacked in piles by the dozen. Leaning against homes and on top of cars. Peeking out from murky waters and marshes up and down ...
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8.Public Adjuster Firm Upset with Florida Blogger’s Questioning of Name
Jan 30, 2013 -- A public adjusting firm is threatening to sue a Florida blogger who claims the adjusting firm is using a name that makes it sound like it is a government agency in soliciting business from homeowners insured by the ...
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9.Insurance Manager Sentenced for $730K Fraud in North Carolina
Jan 31, 2013 -- Authorities announced that a Charlotte, N.C., woman was sentenced to 41 months in prison, to be followed by three years of supervised release, for carrying out a six-year mail fraud scheme against her employer. The ...
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10.Less Than 50% of Small Businesses Offer Employee Benefits: LIMRA
Jan 29, 2013 -- Only 47 percent of small businesses (2-99 employees) in the United States offer benefits to their employees, the lowest level in two decades of research by the life insurance industry research organization LIMRA. ...
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