Monday, February 11, 2013

Weekly Reader Picks: Monday, February 11, 2013

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Insurance Journal Weekly Reader Picks
February 11, 2013

Top 10 for the Past Week

1.Insurance Firm Paying for Super Bowl Kickoff Return by Ravens’ Jones
Feb 7, 2013 -- The electrifying 108-yard kickoff return by the Baltimore Ravens' Jacoby Jones that started the second half of the Super Bowl earned some lucky shoppers a cash rebate on recent purchases. That was one of the Super ...
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2.U.S. Commercial Insurance Prices to Firm in 2013: Marsh
Jan 30, 2013 -- Rates for commercial lines insurance will continue to rise in 2013 thanks to above average losses, low investment returns and receding reserve releases. However, according to a new report published by Marsh, traditional ...
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3.Sweeney Exits Philadelphia Insurance; O'Leary Named CEO
Feb 6, 2013 -- Philadelphia Insurance Companies, a Bala Cynwyd, Penn.-based property/casualty and professional liability insurance company for niche markets, announced Tuesday that Robert O'Leary, Jr. has been named the new ...
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4.How Independent Agents Can Use ‘Being Local’ to Their Advantage
Jan 28, 2013 -- As an independent agent, you possess many advantages over the national P/C marketers that operate mainly online and over the phone. One strong point, among many, is that you operate out of a local office. Don't look at ...
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5.Policyholder Education: Agent or Carrier Responsibility?
Feb 7, 2013 -- Policyholder education about insurance coverage wording is a critical challenge for the property/casualty insurance industry. But who should be doing the teaching — agents or carriers? During a recent industry ...
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6.Government’s Case Against S&P: Ratings Stopped Making Sense
Feb 6, 2013 -- Barely two weeks after the big subprime lender New Century Financial Corp. went bankrupt, a top Standard & Poor's executive assured Congress that her employer could be counted on to sound the alarm for the next ...
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7.N.J. Gov. Christie Says Fed Flood Insurance Program Is a ‘Disgrace’
Feb 6, 2013 -- New Jersey Gov. Chris Christie said Tuesday the National Flood Insurance Program's handling of claims in New Jersey has been "a disgrace," complaining that the program has been far too slow to resolve claims from ...
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8.$1.2 Billion in Sandy Losses Paid, Allstate Pursuing Rate Hikes
Feb 7, 2013 -- Allstate Corp.'s quarterly profit fell 45 percent on losses from superstorm Sandy, but the home and auto insurer said it has paid out about 95 percent of Sandy claims and is seeing rate increases across businesses. The ...
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9.Chubb’s Senior Fine Art Specialist Moves to Fireman's Fund
Feb 7, 2013 -- Novato, Calif.-based Fireman's Fund Insurance Company appointed Michelle Impey as fine art director, personal insurance. She is based in New York City.Impey comes to Fireman's Fund from the Chubb Group of Insurance ...
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10.Top 3 Ways to Gain More Referrals Online & Offline
Feb 7, 2013 -- This post is part of a series on insurance marketing and training sponsored by Astonish. I've been working with this industry long enough to know that each and every local insurance agency out there is sitting on a ...
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