Monday 2 December 2013

Weekly Reader Picks: Monday, December 2, 2013

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Insurance Journal Weekly Reader Picks
December 2, 2013

Top 10 for the Past Week

1.College Player May Be Blocked from Collecting on $20,000 Half-Court Shot
Nov 26, 2013 -- Making a half-court shot during a promotion at an Oklahoma City Thunder game might be easier for 23-year-old Cameron Rodriguez than keeping the $20,000 prize. Rodriguez, a basketball player at Southwestern College in ...
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2.Bear Bryant’s Son's Reinsurance Fortune Helps Power Alabama Football
Nov 26, 2013 -- The University of Alabama opened a new football-training center last February. Any professional team would be happy to have it. The amenities include a $9 million weight room, a hydrotherapy pool with a Club Med–style ...
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3.Tower Group to Cut 140 Jobs After Q2 Loss Due to Reserve Charges
Nov 25, 2013 -- Tower Group International Ltd. is cutting about 140 jobs, or 10 percent of its workforce, after posting a second-quarter loss of more than $0.5 billion, with previously disclosed reserve and goodwill charges ...
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4.Applied Systems Acquired by Hellman & Friedman from Bain Capital for $1.8B
Nov 26, 2013 -- Applied Systems Inc., a leading insurance software provider, said it has agreed to be acquired by investment funds advised by private equity firm Hellman & Friedman LLC. The company is being acquired from the global ...
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5.How to Talk About Insurance During the Holiday Season
Nov 27, 2013 -- Holiday get-togethers with friends and family are full of opportunities to discuss what you do for a living. Unfortunately for those of us in the insurance industry, these opportunities aren't always easy ones. It ...
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6.Coast Guard Has No Duty to Undertake Rescue Efforts, Court Ruless
Nov 22, 2013 -- A federal appeals court on Wednesday rejected a North Carolina widow's lawsuit blaming the Coast Guard for failing to save her husband's life, saying the agency does not have a legal obligation to launch life-saving ...
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7.Google's Schmidt: Insurance About to ‘Explode’ With Uses for Big Data
Nov 25, 2013 -- Google Inc. Executive Chairman Eric Schmidt said new technologies that help companies analyze vast amounts of digital information have the power to bring change to the insurance, health-care and energy industries. ...
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8.Florida Woman Sues Network over ‘The Game’ Facebook Page
Nov 26, 2013 -- A South Florida woman is suing the Black Entertainment Television network in a dispute over a Facebook page she developed to promote the show "The Game.'' Attorneys for Stacey Mattocks, who lives in Broward County, said ...
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9.Supreme Court Agrees to Hear Religious Exemption to Birth Control Benefit
Nov 26, 2013 -- The U.S. Supreme Court will take up a challenge to part of President Barack Obama's healthcare law by companies claiming a religious exemption to the requirement that they provide birth control coverage for employees. ...
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10.Supreme Court Could Take Up Religious Rights of Corporations
Nov 26, 2013 -- U.S. Supreme Court justices could decide on Tuesday to review religious objections made by corporations to a provision of the 2010 federal healthcare law requiring employers to provide health insurance that covers birth ...
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