Monday 26 August 2013

Weekly Reader Picks: Monday, August 26, 2013

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Insurance Journal Weekly Reader Picks
August 26, 2013

Top 10 for the Past Week

1.Most, Least Expensive States to Own a Car
Aug 21, 2013 -- Georgia is the most expensive state to operate a motor vehicle and Oregon is the cheapest, according to a Bankrate.com report that considers the costs of gasoline, insurance, repairs, taxes and fees. In Georgia, a ...
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2.Powerful Documentary Aims to Show Texting Drivers ‘It Can Wait’
Aug 20, 2013 -- There are many stories of people who took their eyes off the road for a second to read or type a message and ended up in an accident that changed their lives and the lives of others forever. People who are living with ...
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3.Cause of Limo Fire in California That Killed 5 Revealed
Aug 20, 2013 -- Recordings of the 911 calls released Monday captured witnesses, including some who had just escaped the limo, recounting the last moments of the five nurses who died inside, as authorities said a mechanical problem was ...
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4.Drivers Over Age 55 Far More Likely to Die in Job Accidents Than Younger
Aug 22, 2013 -- Employees age 55 or older who drive as part of their jobs are more likely to be killed in accidents than younger colleagues because of declining cognition and greater susceptibility to injury, according to a U.S. ...
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5.Will Young Adults Sign Onto Obamacare?
Aug 23, 2013 -- If uninsured young Americans shun the new health plans offered under President Barack Obama's healthcare reform law, it will be because the insurance costs too much and not because they don't expect to need much medical ...
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6.Jury Finds GEICO Must Cover Driver in Fatal Vermont Crash
Aug 23, 2013 -- A jury says an insurance company must honor the policy of a Vermont man who was convicted of murder in a drunken driving crash that killed a woman in 2010. The insurance company GEICO had filed a lawsuit in U.S. ...
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7.Washington Fines 4 Insurance Companies For Overcharging
Aug 22, 2013 -- Insurance Commissioner Mike Kreidler is fining four insurance companies for overcharging consumers in Washington state. Kreidler's office said Tuesday that Hartford Accident and Indemnity Co., Hartford Casualty ...
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8.Former Willis Group CEO Plumeri Joins KKR
Aug 20, 2013 -- KKR & Co., the buyout firm run by Henry Kravis and George Roberts, hired former insurance executive Joseph Plumeri as a senior adviser to help find new deals and to work with portfolio companies. Plumeri, ex-chief ...
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9.CVS Shuts Access to Opioid Painkillers for Suspect Doctors
Aug 22, 2013 -- CVS Caremark Corp said on Wednesday that it has taken the unusual step of cutting off access to powerful painkillers for more than 36 doctors and other healthcare providers found to prescribe the drugs at an alarmingly ...
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10.Settlement Reached in Deadly NYC Crane Accident; Insurer Agrees to Pay $1M
Aug 21, 2013 -- The parents of a construction worker killed in a New York City crane accident have settled their wrongful death lawsuit for $1 million. The Daily News says Yonkers Contracting's insurance company Liberty Mutual agreed ...
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