Weekly Reader Picks: Monday, September 16, 2013

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September 16, 2013 Top 10 for the Past Week 1. Quiet 2013 Hurricane Season a ‘Head Scratcher’ for Embarrassed Forecasters Sep 9, 2013 -- The 2013 Atlantic hurricane season, which forecasters had predicted would be more active than normal, has turned out to be something of a dud so far as an unusual calm hangs over the tropics. As the season heads into ... Share This: 2. Allstate CEO Says GEICO Could Strugggle with Storefront Strategy Sep 10, 2013 -- Allstate Corp. Chief Executive Officer Tom Wilson, whose company lost car insurance market share in the last three years, said competitor Geico could struggle to expand sales as it seeks to sell more policies at ... Share This: 3. AIG Not Renewing Reinsurance with Rival Berkshire: Source Sep 11, 2013 -- American International Group Inc. has decided against signing new reinsurance contracts with Berkshire Hathaway Inc. after Warren Buffett's company started a commercial insurer competing against AIG, according to a ... Share This: 4. Will Third Time Be the Charm for National Producer Licensing Bill? Sep 12, 2013 -- Will the third time be the charm? Insurance groups and lobbyists in Washington are hoping so, after the House of Representatives this week overwhelmingly passed a bill (H.R. 1155 ) to streamline the insurance producer ... Share This: 5. Zurich CFO’s Suicide Followed Disagreement on Business Targets Sep 6, 2013 -- On August 14, Zurich Insurance chairman Josef Ackermann received financial chief Pierre Wauthier and head of investor relations James Quin at his office overlooking Lake Zurich to finalise the company's second-quarter ... Share This: 6. No Penalty for Employers Not Telling Employees About Obamacare Sep 13, 2013 -- Employers will not face a penalty if they fail to inform their workers by Oct 1 about changes under President Barack Obama's healthcare law, the administration said, in what will likely come as a relief to many small ... Share This: 7. Berkshire Hathaway Specialty Names VP of Claims, Executive & Professional Lines Sep 12, 2013 -- Berkshire Hathaway Specialty Insurance -- the recently launched commercial P/C insurance unit of Berkshire Hathaway -- continues to boost its team roster. This week it announced the appointment of Todd Greeley as vice ... Share This: 8. Houston Insurance Agent Sentenced to 10 Years in Prison Sep 12, 2013 -- An insurance agent from Houston has been sentenced to 10 years in prison for pocketing more than $250,in customer premiums, the Texas Department of Insurance reported. TDI said McKinley Shumate, 59, of Houston was ... Share This: 9. Jersey’s Seaside Boardwalk Fire Expected to Cause Multi-Million Dollar Insurance Loss Sep 13, 2013 -- A raging fire that destroyed dozens of businesses along the Seaside Park boardwalk in New Jersey Thursday is expected to be a multi-million dollar insurance event, an insurance expert observed.The fire, propelled by ... Share This: 10. JP Morgan, Assurant Settle Force-Placed Insurance Claims for $300M Sep 10, 2013 -- JPMorgan Chase & Co and a major insurer have agreed to a $300 million settlement to resolve accusations that they forced homeowners into over-priced property insurance and entered into kickback arrangements that ... Share This: Popular Videos 2014 California Wholesaler Industry Days Cargo Theft Trends AIR's New Touchstone Cat Model a 'Major Advance' Says CEO Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us More Newsletters Choose Newsletters Daily Headlines Weekly Reader Picks Magazine Update Insurance Journal TV Classifieds Breaking News MyNewMarkets Daily Claims Daily Enter Your E-mail

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