Monday, March 18, 2013

Weekly Reader Picks: Monday, March 18, 2013

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Insurance Journal Weekly Reader Picks
March 18, 2013

Top 10 for the Past Week

1.Insurance Weighs in on Working from Home
Mar 13, 2013 -- Working from home has become a hot topic following Yahoo Inc. CEO Marissa Mayer's announced plans in late February to bring telecommuters back into the office, and the issue is being taken up by some insurance firms, ...
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2.Wealthy Americans Fear Lawsuits But Lack Sufficient Coverage
Mar 19, 2012 -- America's wealthiest families increasingly worry that their wealth alone makes them a target for a high-stakes liability lawsuit in this uncertain time of high unemployment and tepid economic growth, according to a new ...
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3.MetLife Moving 2,600 Jobs to North Carolina from Northeast, California
Mar 11, 2013 -- Insurance giant MetLife Inc. said last week that it will move 2,600 jobs from offices in four Northeast states and California to lower-cost locations in two North Carolina cities, while also getting tax breaks and other ...
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4.Agents Hang Onto P/C Market But Lose Ground in Personal Auto: Study
Mar 11, 2013 -- After experiencing dwindling premiums for years, the property/casualty insurance industry managed to grow substantially in 2011. Independent agents and brokers hung onto their share of the market with some independent ...
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5.Feds Bust $100M North Carolina Crop Insurance Fraud Scheme
Mar 13, 2013 -- Federal investigators have unraveled a massive scheme among dozens of insurance agents, claims adjusters, brokers and farmers in eastern North Carolina to steal at least $100 million from the government-backed program ...
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6.Applying for Obama Health Care Plan Daunting Task
Mar 14, 2013 -- Applying for benefits under President Barack Obama's health care overhaul could be as daunting as doing taxes. The government's draft application runs 15 pages for a three-person family. An outline of the online version ...
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7.Directors and Officers Liability Market Firming: Towers Watson
Mar 14, 2013 -- The directors and officers liability market continued to see price increases in 2012, with more private/not-for-profit organizations reporting rate increases than public organizations but, according to a new industry ...
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8.Court Upholds Florida Sinkhole Insurance Loss Rule
Mar 15, 2013 -- A Florida court has upheld a decision by state insurance regulators that property insurers must offer sinkhole loss coverage in an amount equal to the dwelling coverage limit. Farm Bureau asked the Office of Insurance ...
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9.Missouri Golfer Survives Mid-Round Illinois Sinkhole
Mar 13, 2013 -- When it comes to dealing with this divot, score one for Missouri golfer Mark Mihal. The St. Louis Post-Dispatch reports that the mortgage broker from Creve Coeur, Mo., is recovering after a sinkhole opened up beneath ...
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10.Agency M&A Advisory Firm Sees ‘Lack of Quality Acquisition Opportunities’
Mar 12, 2013 -- A mergers and acquisitions advisory firm focusing on the insurance agency sector says it is hearing more this year about "a lack of quality acquisition opportunities," which could lead to fewer deals this year compared ...
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