Top 10 for the Past Week | 1. | Why Workers’ Compensation Leads in E&O Claims
Jul 16, 2012 -- Every year, errors and omissions (E&O) claims arising out of the placement of workers' compensation account for approximately 10 percent of all claims. Many of those workers' comp claims are well in excess of ...
  
| | 2. | Cancelling London Olympics Would Cost over $4.9 Billion: Munich Re
Jul 16, 2012 -- Cancelling the London Olympics due, for example, to a security threat would result in damages of more than €4 billion ($4.9 billion), Andrew Duxbury, underwriting manager at Munich Re, told a German newspaper. "This ...
| | 3. | Va. Boy Sets Up Lemonade Stand to Help Pay Neighbor’s $500 Deductible
Jul 19, 2012 -- An 8-year-old Springfield boy who set up a lemonade stand to help his neighbors rebuild their home after it was damaged by a recent storm has surpassed his goal. The Washington Post reports that Johnny Karlinchak has ...
| | 4. | GM’s OnStar Car Owners Now Able to Rent Out Their Vehicles
Jul 17, 2012 -- General Motors is joining the sharing economy. General Motors announced that its OnStar subscribers can now rent out their idle vehicles through the RelayRides car sharing service, leveraging OnStar connectivity already ...
| | 5. | Travelers Reports More Rate Gains, Seeks Higher Homeowners Deductibles
Jul 20, 2012 -- The Travelers Companies, which reported its second-quarter results yesterday, said renewal rates are continuing to trend up across its business segments. Company executives emphasized, however, that rate hikes are a ...
| | 6. | Police: Naked Man Crashes Through Texas Mall
Jul 19, 2012 -- Police say a naked man crashed a pickup truck into a Dallas mall, then drove over a few kiosks before stopping to try on clothes. Dallas police were called to the Southwest Center Mall around 7:30 a.m. on July 13. ...
| | 7. | Tennessee Court Says Killer Can Keep Insurance Money
Jul 20, 2012 -- A Tennessee appeals court has reluctantly ruled that a Johnson City man convicted of killing his wife in a bathtub for the insurance money can keep $200,000 in life insurance proceeds. The Knoxville News Sentinel ...
| | 8. | Worst Midwest Drought Since 1956 Expanding North, West
Jul 17, 2012 -- An expanding U.S. drought, now deemed the worst since 1956, dealt another blow to the corn crop, with conditions deteriorating for a second straight week in the world's top exporter of the grain, U.S. government data ...
| | 9. | Progressive Expands Commercial Auto Offerings, Introduces New Coverage
Jul 19, 2012 -- Progressive Insurance has expanded its commercial auto product with updated offerings and programs. The latest commercial package brings more coverage options and introduces a customer loyalty program. Highlights of the ...
| | 10. | Houston-Area Rain Floods Homes, May End Drought
Jul 16, 2012 -- Historic rainfall levels that drenched the Houston area last week flooded dozens of homes and caused widespread street flooding, but the rain also is likely to result in the end of drought conditions in Southeast Texas, ...
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