Monday, October 15, 2012

Weekly Reader Picks: Monday, October 15, 2012

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Insurance Journal Weekly Reader Picks
October 15, 2012

Top 10 for the Past Week

1.‘Pawn Stars’ Sued By Former Manager In Las Vegas
Oct 11, 2012 -- The owners of a business featured in the cable television show "Pawn Stars'' and the network that handles the show are being sued in Nevada state court by a Las Vegas promoter who claims he was wrongly fired in January ...
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2.Tennessee Regulators Say Insurers Weighing Shift in Roofing Policies
Oct 9, 2012 -- Tennessee regulators observed that in recent months, some property/casualty insurers in the state have filed to expand or shift their roofing policy terms to include actual cash value policies. As a result, Tennessee's ...
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3.Allstate: Overweight Drivers, Passengers Hurt Vehicle Fuel Efficiency
Oct 9, 2012 -- It's not just the gas-guzzling SUVs that are hurting the driving fuel efficiency.The growing average weight of Americans is responsible for millions of gallons of additional gasoline used in the country every year, ...
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4.Lawmaker Warns of New Cyber Threats to U.S. Financial Networks
Oct 5, 2012 -- The head of the House of Representatives Intelligence Committee said on Thursday that significant new cyber threats to U.S. financial networks appeared to be emerging from an "unusual" source. Committee Chairman Mike ...
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5.Nationwide to Settle Harleysville Policyholder Class Action for $26M
Oct 12, 2012 -- Nationwide has agreed to settle litigation related to the merger with Harleysville Insurance. The $26 million settlement relates to In re Harleysville Mutual, a consolidated class action and derivative suit related to ...
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6.North Carolina Jury Awards $1.7M in Unborn Baby’s Death
Oct 9, 2012 -- A jury has awarded a Charlotte, North Carolina couple $1.7 million in a lawsuit against a local restaurant in connection with a head-on collision that killed the couple's unborn son. Attorneys for Matt and Meredith ...
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7.Paychex, Employers to Provide Work Comp to Small Businesses
Oct 11, 2012 -- EMPLOYERS has entered into an agreement with Paychex Insurance Agency, Inc. to provide small businesses the opportunity to acquire and pay for workers' compensation insurance when they process payroll through Paychex. ...
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8.Wal-Mart to Pay for Heart, Spine Surgery for Employees
Oct 11, 2012 -- Wal-Mart Stores Inc. is offering its U.S. employees and their families free heart and spine surgeries at six major health centers at no cost to the retailer's workers, as it tries to find better ways to cover costly, ...
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9.U.S. Insurers Say Fraud Costs on the Rise: Survey
Oct 9, 2012 -- Forty-five percent of insurers estimated that insurance fraud costs represent 5-10 percent of their claims volume, while 32 percent said the ratio is as high as 20 percent. This is according to a survey of U.S. insurers ...
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10.Willis North America Appoints 2 Executives in New York
Oct 9, 2012 -- Willis North America, a unit of global insurance brokerage Willis Group Holdings, announced two executive appointments in the New York region. Willis is a leading insurance broker that provides risk management and ...
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