Monday, September 9, 2013

Weekly Reader Picks: Monday, September 9, 2013

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Insurance Journal Weekly Reader Picks
September 9, 2013

Top 10 for the Past Week

1.Florida’s Citizens Signs with 10 Insurers to Take Nearly 400,000 Policies
Sep 3, 2013 -- Hundreds of thousands of Floridians who rely on Citizens Property Insurance could soon find themselves with a new insurance company. State regulators last week quietly signed off on a plan to let 10 different insurance ...
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2.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 ...
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3.How U.S. Consumers Feel About Usage-Based Auto Insurance
Sep 5, 2013 -- U.S. drivers are open to purchasing usage-based auto insurance (UBI) policies, or "pay as you drive" insurance, and are even more interested when told their premiums would go down, according to a survey. According ...
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4.Critics Say It’s Time New York Ends 1885 Scaffold Law
Sep 1, 2013 -- Years before skyscrapers, when New York City's tallest building was still the 281-foot spire of Wall Street's historic Trinity Church, state lawmakers passed the Scaffold Law, which made property owners and contractors ...
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5.Agents Who Understand Customers’ Businesses Boost Commercial Insurers: J.D. Power
Sep 3, 2013 -- Small commercial lines insurance customers most value having an insurance agent or broker who completely understands their individual business and helps them assess and manage their risk. The highest-ranked small ...
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6.West Virginia Family Sues Over Accident Photo
Sep 4, 2013 -- The family of a Rainelle, West Virginia man who died in a traffic accident is suing an ambulance company and an emergency medical technician for allegedly circulating photos of the victim's corpse. The lawsuit in ...
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7.Tough-to-Kill New York Buses Drive Through U.S. Law’s Loopholes
Sep 3, 2013 -- Outside New York's Winter Garden Theatre, where "Mamma Mia" is nearing the end of a 13-year Broadway run, unwitting tourists board a bus bearing the name of a company U.S. regulators tried to close two years ago. ...
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8.Obamacare Premiums Called Affordable in 17-State Survey
Sep 5, 2013 -- A 25-year-old New Yorker earning $25,000 a year will pay as little as $62 a month for health insurance next year, and a peer living in Vermont may pay nothing, according to a 17-state survey of premiums under the U.S. ...
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9.Zurich Insurance CFO Named Ackermann in Suicide Note
Aug 29, 2013 -- The finance chief of Zurich Insurance, Pierre Wauthier, named chairman Josef Ackermann in his suicide note, the company confirmed on Friday as it pledged to investigate whether he had been put under undue strain before ...
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10.American Family Insurance to Acquire Homesite Group for $616M
Sep 6, 2013 -- Madison, Wis.-based American Family Insurance announced that it reached agreement to acquire direct homeowners insurer Homesite Group Inc. for an anticipated $616 million. Homesite Group is a Boston-based direct writer ...
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