Monday, July 16, 2012

Weekly Reader Picks: Monday, July 16, 2012

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Insurance Journal Weekly Reader Picks
July 16, 2012

Top 10 for the Past Week

1.Driving History Seen as Predictor of Individual’s Lifespan
Jul 11, 2012 -- It appears that bad drivers live shorter lives than good drivers and not just because they get in accidents. The same motor vehicle driving records already widely used to help determine how much a consumer pays for car ...
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2.The Future of Producer Compensation
Jul 5, 2012 -- It is a fact that many people with the title "producer" don't produce. They service and they accept what comes to them, but they do not produce. It is also a fact that companies are going to find a way to minimize ...
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3.Allstate Dropping 10,000 South Carolina Homeowners Policies
Jul 12, 2012 -- Allstate is dropping about 10,000 South Carolina home insurance customers. The company is dropping customers who don't also carry Allstate auto coverage, have older homes and have homes insured for less than $220,000. ...
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4.President Obama Signs Flood Insurance Reform Bill
Jul 9, 2012 -- President Barack Obama has signed the "Biggert-Waters Flood Insurance Reform and Modernization Act of 2012" into law. The law extends the National Flood Insurance Program (NFIP) for five years and makes reforms to ...
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5.Liberty Mutual, CNA Are Among Big Winners at 2012 IMCA Showcase Awards
Jul 11, 2012 -- The Insurance Marketing and Communications Association (IMCA) held its annual awards ceremony last month in Denver. The awards were presented to a range of insurance organizations in categories including advertising, ...
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6.Massachusetts Businessman Fights AT&T Over $1M Phone Bill
Jul 10, 2012 -- A U.S. businessman is engaged in a legal battle with AT&T Inc. over what he calls a fraudulent million-dollar phone bill. Michael Smith, of Ipswich, Massachusetts, says in 2009 someone hacked into his small ...
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7.Florida Property Owner to Pay $1 Million Wrongful Death Claim
Jul 11, 2012 -- The family of a woman killed in a drug-related shooting will receive $1 million from the property owner for a wrongful death claim. The Florida Times Union reported that 19-year-old Danielle Melton's twin toddlers are ...
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8.Tropical Storm Creates New Beach on Alabama Coast
Jul 11, 2012 -- Within the span of a week, the Gulf built a beach in front of most of the rock wall used to close Katrina Cut. The wall was constructed in 2010 using money provided by BP during the oil spill. The goal was to close a ...
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9.New License Rules Test Georgia Drivers’ Patience
Jul 9, 2012 -- A new requirement for those seeking to get or renew a Georgia driver's license caused long lines and frustration in its first week of implementation. By 7:30 a.m. Friday, hundreds of people had lined up at the ...
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10.Chubb, Willis Executives Join Aon Risk Solutions in New York
Jul 11, 2012 -- Aon Risk Solutions, the global risk management business of Aon plc, recently hired Edward Reilly and Joseph Russo as senior vice presidents in the construction services group.Both Reilly and Russo are based in Aon's New ...
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