Monday, July 15, 2013

Weekly Reader Picks: Monday, July 15, 2013

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Insurance Journal Weekly Reader Picks
July 15, 2013

Top 10 for the Past Week

1.Another Obamacare Requirement Delayed
Jul 8, 2013 -- Days after delaying health insurance requirements for employers, the Obama administration has decided to roll back requirements for new state online insurance marketplaces to verify the income and health coverage status ...
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2.Asiana Could Save Millions Under Provision Limiting Passenger Suits in U.S.
Jul 9, 2013 -- Asiana Airlines Inc. could avoid hundreds of millions of dollars in verdicts and settlements by employing a tactic under international law to bar Chinese and South Korean passengers from suing in victim-friendly U.S. ...
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3.AIG Reported to Be Lead Insurer for Asiana Crash in San Francisco
Jul 9, 2013 -- International Group Inc. was the lead insurer providing coverage for the Asiana Airlines Inc. jet that crashed while landing in San Francisco last weekend, according to two people familiar with the matter. The coverage ...
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4.Top 10 U.S. Aircraft Insurers: SNL
Jul 11, 2013 -- American International Group Inc. (AIG) has been reported to be the lead insurer for the recent Asiana Flight 214 tragedy in San Francisco. AIG's role is not surprising, given its presence in Asia and focus on the ...
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5.Tropical Storm Chantal May Form in Atlantic This Week
Jul 7, 2013 -- Tropical Storm Chantal strengthened as it moved west across the Atlantic toward the Lesser Antilles, including the islands of Martinique and Saint Lucia, on a track that may take it east of Florida, the U.S. National ...
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6.Progressive Premium Revenue Climbs, Profit More Than Doubles
Jul 11, 2013 -- Progressive Corp., the fourth- largest U.S. auto insurer, said profit more than doubled as premium revenue climbed after the company raised rates for coverage. But the insurer declined in New York trading as the results ...
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7.Commercial Insurance Rates Up 5% Again in June: MarketScout
Jul 8, 2013 -- Increases for commercial property/casualty insurance rates in the United States were again about 5 percent during June, the fourth straight month at that pace. According to the latest composite index from MarketScout, ...
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8.California Fraud Fugitive Caught After Taunting Tweet
Jul 10, 2013 -- "Catch me if you can.'' San Diego County District Attorney Bonnie Dumanis said Wanda Podgurski sent that taunting tweet after skipping trial in January while facing charges of insurance fraud. But then authorities did ...
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9.The Ins and Outs of Errors and Omissions Insurance
Jul 19, 2004 -- Almost all agents have clients with errors and omissions (E&O) exposure and the most difficult job the agent may have is convincing the client that they have the exposure. After 20 years of selling E&O/EPL/D&O ...
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10.House Passes Republican Farm Bill Without Food Stamps
Jul 11, 2013 -- House Republicans passed a five-year U.S. farm-policy bill that retains subsidies to farmers and strips out food-stamp spending, costing it Democratic support. The plan was approved today 216-208, with no Democrats in ...
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