Monday, December 17, 2012

Weekly Reader Picks: Monday, December 17, 2012

Insurance Journal Weekly Reader Picks
December 17, 2012

Top 10 for the Past Week

1.Only 15 States Plan to Operate Own Health Insurance Exchanges
Dec 13, 2012 -- Only 15 U.S. states plan to operate health insurance exchanges under President Barack Obama's reform law, leaving Washington with the daunting prospect of creating and operating the new online marketplaces in at least ...
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2.Creating a World-Class Insurance Sales Culture
Dec 13, 2012 -- This post is part of a series on insurance marketing and training sponsored by Astonish. Selling insurance isn't like it used to be. Not many people just walk-in or call ready to do business anymore. And when they do, ...
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3.Dallas Cowboy Charged After Player Dies in Auto Accident
Dec 11, 2012 -- Police charged Dallas Cowboys defensive lineman Josh Brent with intoxication manslaughter after he flipped his car in a pre-dawn accident that killed teammate Jerry Brown. Irving police spokesman John Argumaniz said the ...
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4.N.J. Couple Charged With Allegedly Pocketing $1.8M in D&O Premiums
Dec 11, 2012 -- A Central New Jersey couple that ran a now-defunct insurance brokerage firm has been charged with allegedly conspiring to steal nearly $1.8 million by failing to remit insurance premiums to eight insurers. The 27-count ...
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5.Commentary: AIG ‘Profits’ an Insult to the Concept
Dec 13, 2012 -- To say taxpayers made money from their investment in AIG is to libel the very concept of profit. Come to think of it, it may well be a gross insult to the idea of investment too. The Treasury Department announced on ...
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6.Commentary: Lessons From Recent Decisions on Bad Faith Litigation
Dec 12, 2012 -- A rising tide of first-party bad faith decisions is defining the contours of the bad faith cause of action. Recently, three courts have found first-party insurance companies liable for bad faith claims handling. ...
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7.Dallas Cowboys Player Death Raises Question of Safety Net
Dec 12, 2012 -- San Francisco 49ers defensive end Demarcus Dobbs walked away from a one-vehicle accident on his 25th birthday last month and was arrested on suspicion of drunk driving. Less than two weeks later, with the NFL rocked by ...
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8.Government to See $23 Billion Total Profit on AIG Bailout
Dec 11, 2012 -- The U.S. Treasury's sale of its remaining stake in American International Group Inc. will fetch $7.6 billion, bringing the government a total profit of $22.7 billion from its crisis-era bailout of the insurer. The share ...
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9.Lawsuit Claims TV’s ‘Storage Wars’ Show Is Rigged
Dec 13, 2012 -- Some of the valuables found hidden in abandoned lockers on A&E's "Storage Wars'' have been added by producers to deceive viewers, a former cast member of the show claims in a lawsuit filed Tuesday. David Hester's ...
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10.Treasury Selling All of Its Remaining AIG Common Stock
Dec 10, 2012 -- The U.S. Treasury is selling its remaining stake in insurer American International Group Inc., bringing an end to government ownership of the company about four years after a $182 billion bailout. The sale will close ...
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