Monday 9 December 2013

Weekly Reader Picks: Monday, December 9, 2013

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Insurance Journal Weekly Reader Picks
December 9, 2013

Top 10 for the Past Week

1.Zurich Insurance Lowers Profit Target; Signals Business Sale
Dec 5, 2013 -- Zurich Insurance Group AG, Switzerland's largest insurer, lowered its profit goal as Chief Executive Officer Martin Senn signaled he's ready to sell some businesses to bolster earnings growth. Zurich Insurance said ...
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2.Illinois Roofing Company Fined $158K for Safety Hazards
Nov 25, 2013 -- Affordable Roofing and Exteriors Inc. in Trenton, Ill., has been cited by the U.S. Department of Labor's Occupational Safety and Health Administration for five safety violations, carrying proposed penalties of $158,015. ...
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3.Homebuilder Lennar Says Florida Jury Awards It $1 Billion Against Developer
Dec 4, 2013 -- Lennar Corp. said a Florida jury awarded it $1 billion in damages against a California developer, Nicolas Marsch III, who the homebuilder accused of defamation and conspiring with Barry Minkow to extort money from the ...
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4.Let College Player Keep Half-Court Shot Prize Money: Athletic Board
Dec 3, 2013 -- The Kansas Collegiate Athletic Conference recommended that the college basketball player who hit a half-court shot for $20,000 at an Oklahoma City Thunder game be allowed to use the money toward his tuition. Cameron ...
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5.Obamacare's Small Business Exchange Site Delayed 1 Year
Dec 1, 2013 -- Small businesses won't be able to use the federal government's health insurance website until November 2014 in most U.S. states, the latest delay for the Obama administration's health-care system overhaul. ...
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6.AmWINS to Acquire Bliss & Glennon and eReinsure from Fortegra
Dec 3, 2013 -- North Carolina-based insurance wholesaler AmWINS Group Inc. has agreed to a deal with Fortegra Financial Corp. to acquire both Bliss & Glennon, an excess and surplus lines wholesale insurance broker and managing ...
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7.Sea-Level Rise Too Fast for Current Forecast Tools, Study Says
Dec 4, 2013 -- By the time climate change reduces crop yields or frequently floods New York City subways, it will be too late to avert damage without better forecasting tools, a panel of scientists said in a report released today. ...
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8.California Woman Ticketed For Driving With Google Glasses
Dec 5, 2013 -- A California woman has pleaded not guilty to what is believed to be the first traffic citation alleging a motorist was using Google's computer-in-an-eyeglass. The device known as Google Glass, not yet widely available ...
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9.Travelers Sues British Insurance Company Over Umbrella-Shaped Logo
Dec 5, 2013 -- The Travelers Companies recently sued London, U.K.-headquartered financial services and insurance company Legal & General Group PLC (L&G Group) and its affiliates over the British company's use of an ...
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10.Flood of Regulations Coming from Obama Administration
Dec 5, 2013 -- Over the next 12 months, the Obama administration is due to issue regulations governing everything from e-cigarettes to smoke-stack emissions in what experts predict will be a second-term rush to put rules in place ...
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