Monday 19 August 2013

Weekly Reader Picks: Monday, August 19, 2013

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Insurance Journal Weekly Reader Picks
August 19, 2013

Top 10 for the Past Week

1.Arthur J. Gallagher Acquires Broker Bollinger
Aug 13, 2013 -- Insurance broker Arthur J. Gallagher & Co. has acquired insurance broker Bollinger Inc., headquartered in Short Hills, New Jersey, for approximately $276.5 million. Bollinger's business includes retail ...
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2.Florida’s Top 10 Sinkhole-Prone Counties
Mar 30, 2011 -- It's no secret that property/casualty insurers have been fielding more and more sinkhole claims in Florida and now online hazard mapping firm CDS Business Mapping and its RiskMeter Online service have come up with a ...
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3.Atlantic Hurricane Season to Enter Most Active Phase Next Week
Aug 14, 2013 -- The Atlantic hurricane season is about to enter its most active phase as conditions for the powerful storms improve across the basin. Wind shear that can tear budding storms apart has been decreasing, said Dan ...
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4.Berkshire Hathaway Specialty Insurance Hires 2 Execs From Zurich, The Hartford
Aug 16, 2013 -- Berkshire Hathaway Specialty Insurance -- the recently launched commercial P/C insurance unit of Berkshire Hathaway -- announced on Thursday the appointments of Leo Carroll as senior vice president, healthcare ...
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5.Tower Group, Meadowbrook Delays on Filings Could Trigger Shareholder Actions
Aug 13, 2013 -- After two property/casualty insurers—Tower Group International Ltd. and Meadowbrook Insurance Group—said they would delay scheduled Securities and Exchange (SEC) filings last week, law firms set the wheels in motion ...
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6.10 Things to Know About Condominiums
Aug 16, 2013 -- 1. To adequately insure one's condo apartment, it is important to review the condo association's bylaws and proprietary lease to find out which structural parts of the condo units are covered by the association and ...
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7.Best Places Tower Group Subs Ratings on Review/Negative
Aug 13, 2013 -- A.M. Best Co. has placed under review with negative implications the financial strength rating (FSR) of 'A-' (Excellent) and issuer credit ratings (ICR) of "a-" of the pooled and reinsured members of the Tower ...
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8.Meadowbrook Estimates Impairment at $115.4 Million After Downgrade
Aug 14, 2013 -- Meadowbrook Insurance Group Inc., the insurer whose rating was cut by A.M. Best Co. this month, took a provisional impairment of $115.4 million as of June 30 after a review tied to the downgrade. The figure could be ...
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9.Family of Man Killed by Sandy Tree Sues NYC
Aug 15, 2013 -- Relatives of a man who was killed when a tree crashed on his house during Superstorm Sandy has filed a lawsuit against New York City. The family of Anthony Laino tells the Daily News that the tragedy could have been ...
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10.Obamacare Health Exchange Buyers Can Expect $2,700 in Tax Credits: Report
Aug 14, 2013 -- Tax credits to buy medical coverage next year will average $2,672 per family under President Barack Obama's health care system overhaul, a benefit that will make the plans more affordable than some critics have ...
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