Tuesday, October 11, 2011

Weekly Reader Picks: Tuesday, October 11, 2011

Insurance Journal Weekly Reader Picks
October 11, 2011

Top 10 for the Past Week

1.The Hartford Plans Staff Cuts; Sells Subrogation Services Unit Trumbull
Oct 5, 2011 -- The Hartford Financial Services Group said it is expecting to implement a small staff reduction in coming months as part of its ongoing effort to streamline operations. The company didn't specify exactly how many jobs would be affected, but The ...
2.Chartis to Trim Workforce
Oct 5, 2011 -- American International Group said its property/casualty carrier Chartis will eliminate some jobs, with the reduction affecting less than 1 percent of its workforce, or roughly 400 or fewer positions. "As part of Chartis' review of its personnel ...
3.Boeing Arrest Points to Workplace Drug Problem
Oct 4, 2011 -- The arrest of more than three dozen people on drug charges at a Boeing military aircraft plant highlights the growing problem of prescription drug abuse by U.S. workers, according to experts. Federal authorities last Thursday charged 37 people, all ...
4.2011 Sets New Record for Federal Disaster Declarations
Oct 3, 2011 -- The year 2011 will go down as a record-setting year when it comes to federal disaster declarations, industry analysts say. With another three months left in 2011, and hurricane season continues until November 30, the number of federal disaster ...
5.State Farm to Stop Insuring Churches in Florida
Oct 4, 2011 -- Florida churches are having to seek insurance elsewhere after one of the state's provider of coverage to houses of worship has decided to leave the market. State Farm Florida recently announced it will exit the church market, a move that leaves ...
6.Supreme Court Rejects Internet Music Copyright Case
Oct 3, 2011 -- The Supreme Court let stand Monday a ruling that a traditional Internet download of sound recording does not constitute a public performance of the recorded musical work under federal copyright law. The justices refused to review a ruling by a U.S. ...
7.Nationwide and Harleysville Insurance Agree to Merger; Analysts Respond
Sep 29, 2011 -- Nationwide Mutual Insurance Co. and  Harleysville Insurance announced on Thursday, Sept. 29, that they have agreed to a merger. Nationwide Mutual will acquire Harleysville Group for $760 million. Nationwide Mutual will pay $60 a share in cash for ...
8.How One Music Downloader Could Change Copyright Law
Oct 5, 2011 -- In the age of iTunes and an-app-for-everything, Joel Tenenbaum's battle with the music industry over illegal downloading seems as relevant as an eight-track cassette. But it turns out the fight could produce something surprisingly enduring: a change ...
9.Nationwide, Harleysville CEOs Reassure Agents: Merger All About Growth
Sep 30, 2011 -- The merger of insurer Nationwide Mutual with regional carrier Harleysville Mutual is all about growth, not only for the companies but also for their independent agents, according to the CEOs of the two insurers. Harleysville is a "perfect match" for ...
10.Food Illnesses Linked to Multiple Stops Along Food Chain
Oct 3, 2011 -- Outbreaks of listeria and other serious illnesses linked to tainted food are becoming more common, partly because much of what we eat takes a long and winding road from farm to fork. A cantaloupe grown on a Colorado field may make four or five stops ...

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