Monday, August 5, 2013

Weekly Reader Picks: Monday, August 5, 2013

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Insurance Journal Weekly Reader Picks
August 5, 2013

Top 10 for the Past Week

1.Farmers Launches New Corporate Logo
Jul 31, 2013 -- Farmers Insurance has unveiled a new corporate logo as part of the company's next "evolutionary step," the Los Angeles-based carrier announced on Wednesday. New York City based-Lippincott is the creative partner ...
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2.Woman Awarded $775K After Tripping At Vegas Casino
Jul 30, 2013 -- A woman who tripped on a speed bump and injured her shoulder at a U.S. casino has been awarded $775,000. The Nevada Supreme Court upheld the judgment against Harrah's casino, the Las Vegas Sun reported. Alice Swanson ...
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3.Dead Farmers Get Millions in Federal Crop Insurance Payouts
Jul 30, 2013 -- The U.S. Agriculture Department paid out $32 million in soil conservation payments and crop insurance aid to dead farmers from 2008 to 2012, congressional auditors said on Monday, calling for stricter rules to prevent ...
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4.Will Obamacare Really Hurt Workers?
Aug 2, 2013 -- A top U.S. healthcare official on Thursday challenged claims by Republican lawmakers that the country's healthcare reform law is causing workers to lose hours or benefits, saying she is aware of only isolated cutbacks. ...
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5.Fracking Tied to Drinking Water Damage by EPA Regional Official
Jul 31, 2013 -- Gas drilling caused "significant damage" to drinking-water aquifers in a Pennsylvania town at the center of a fight over the safety of hydraulic fracturing, according to a report prepared by a federal official. The ...
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6.Illinois Man Repays Insurance Money With 4 Tons Of Coins
Aug 2, 2013 -- A southern Illinois businessman has paid off part of a court-ordered legal settlement with nearly four tons of quarters packed into dozens of bags. Roger Herrin, of Harrisburg, was ordered by an appellate court to repay ...
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7.Hartford’s Q2 Loss Widens to $190M; P/C Earnings Show Improvement
Jul 30, 2013 -- The Hartford Financial Services Group reported a net loss of $190 million for the 2013 second quarter. The quarterly loss widened compared to the same time a year ago, when the insurer reported a net loss of $101 ...
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8.South Carolina Man Must Pay $75K for Defamation for Forwarding Email
Aug 1, 2013 -- A North Charleston man has been ordered to pay $75,000 to best-selling author Fern Michaels for defamation. The Herald-Journal of Spartanburg reported that Craig Dilley must pay for forwarding a defamatory email to a ...
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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.Transportation Insurer National Interstate Posts Surprise Loss
Jul 31, 2013 -- National Interstate Corp., the insurer majority owned by American Financial Group Inc., plunged the most since 2008 after reserves for claims in prior periods proved inadequate, fueling a surprise quarterly loss. ...
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