Monday, July 9, 2012

Weekly Reader Picks: Monday, July 9, 2012

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Insurance Journal Weekly Reader Picks
July 9, 2012

Top 10 for the Past Week

1.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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2.Chief Justice Roberts Viewed Differently After Healthcare Opinion
Jul 3, 2012 -- Chief Justice John Roberts could have taken down the entire, massive healthcare law that his fellow Republicans deride as ``Obamacare.'' He could have prevented the Supreme Court decision that largely disabled the most ...
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3.More Gen Y’ers Passing on Driving
Jul 2, 2012 -- To Shoshana Gurian-Sherman, driving seemed like a huge hassle. "Part of it was laziness," the 23-year-old Minneapolis resident recalled. "I didn't really want to put in the effort to learn how to drive ... I knew how to ...
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4.Feared El Nino Weather Could Strike in Third Quarter: Climate Forecasters
Jul 6, 2012 -- The feared El Nino weather phenomenon could strike as early as the third quarter of 2012, raising prospects of wreaking weather havoc from North and South America to Asia, the U.S. Climate Prediction Center (CPC) said ...
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5.Virginia, Maryland Hit by Vicious Storms; Power Outages May Last Days
Jul 2, 2012 -- It could be several more days before electricity is restored to areas hit by vicious storms that killed at least 13 people and left 3 million power customers to negotiate sweltering temperatures without air ...
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6.RLI, Chubb Among Top P/C Performers: SNL
Jul 2, 2012 -- RLI Corp. tops the list of property/casualty commercial lines carriers ranked by financial performance for the 12 months ending March 31, based on a review by SNL. RLI beat out Chubb, Dorinco Reinsurance and Argo Group ...
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7.Illinois Places 2 Mutual Insurers into Rehabilitation
Jul 5, 2012 -- Illinois insurance regulators announced that Lumbermens Mutual Casualty Co. (Lumbermens) and American Manufacturers Mutual Insurance Co. (American Manufacturers) have agreed to being placed into rehabilitation. The ...
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8.Virginia Begins Enforcing Proper Usage of Certificate of Insurance
Jul 2, 2012 -- Widespread misunderstanding regarding the proper use of certificates of insurance has led to new changes relating to their use, according to Virginia's Bureau of Insurance. The changes went into effect July 1.The ...
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9.Why Chief Justice Roberts Saved Obama’s Healthcare Law
Jun 29, 2012 -- In the end, it all came down to Chief Justice John Roberts, the sphinx in the center chair, who in a stunning decision wove together competing rationales to uphold President Barack Obama's healthcare plan. Roberts' ...
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10.Judge Says Greenberg May Pursue $25B Suit Over AIG Bailout
Jul 3, 2012 -- A company run by former American International Group Inc. Chief Executive Maurice "Hank" Greenberg may pursue a $25 billion lawsuit against the U.S. government, in which it called the 2008 federal bailout of the insurer ...
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