Tuesday, January 22, 2013

Weekly Reader Picks: Tuesday, January 22, 2013

Insurance Journal Weekly Reader Picks
January 22, 2013

Top 10 for the Past Week

1.What Employees Should Know About Healthcare Changes Ahead
Jan 17, 2013 -- If you like your 401(k) retirement savings account, you're going to love what healthcare reform does to your employer-provided health care plan. In a post-Obamacare future, expect more employers to adopt defined ...
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2.Heavy-Duty Restricted Guns Legally Sold in Texas
Jan 16, 2013 -- In a heavily guarded store just southwest of Houston, twin .50-caliber "Ma Deuce" machine guns rise up side by side from a mount that could be bolted to the deck of a warship or truck bed. The guns can fire about ...
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3.State Farm, Sandusky End Insurance Coverage Dispute
Jan 16, 2013 -- State Farm Fire and Casualty Co. resolved its dispute against former Penn State assistant football coach Jerry Sandusky over the insurer's homeowners coverage. At issue was whether State Farm would be obligated to pay ...
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4.Judge Rules News Outlets’ Use of Photo on Twitter Violated Copyright
Jan 16, 2013 -- A U.S. judge has found that two news organizations improperly used images that a photojournalist had posted to Twitter in one of the first big tests of intellectual property law involving social media. Agence ...
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5.2 Florida Moms Sentenced for Staged Accident Insurance Fraud
Jan 16, 2013 -- Two South Florida mothers have been sentenced to prison for their roles in staging car accidents to commit fraud on insurers. Federal prosecutors said that 42-year-old Ana Ovando of West Palm Beach was sentenced to more ...
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6.A Future Without the Terrorism Insurance Backstop?
Jan 18, 2013 -- The federal backstop that is widely credited with establishing today's robust terrorism insurance market may be gone in just 24 months. The consequences could be severe, from reduced availability of coverage to ...
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7.N.J. Gov. Criticizes Some Oceanfront Property Owners Who Reject Sand Dunes
Jan 16, 2013 -- The New Jersey shore town of Bradley Beach came through Superstorm Sandy in better shape than many of its neighbors that sustained serious to catastrophic damage from the waves and storm surge.A major reason: Bradley ...
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8.Utah Man Accused of Killing Officer Sues Insurer
Jan 15, 2013 -- An Ogden man accused of killing a police officer during a drug raid at his home is suing his insurance company over its rejection of his homeowner's damage claim stemming from the shootout. Matthew Stewart, in his ...
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9.Massachusetts Bill Would Require Gun Liability Insurance
Jan 19, 2013 -- As lawmakers cast around for ways to curb gun-related violence, some are hoping the insurance market might offer incentives. A bill filed on Jan. 18 in Massachusetts would require gun owners to purchase liability ...
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10.Goldman Looks to Sell Major Stake in Reinsurance Group
Jan 16, 2013 -- In preparation for rules requiring the bank to hold more capital, Goldman Sachs Group is looking to sell a majority stake in its $1.4 billion reinsurance group, the firm's incoming chief financial officer, Harvey ...
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