Monday, January 14, 2013

Weekly Reader Picks: Monday, January 14, 2013

Insurance Journal Weekly Reader Picks
January 14, 2013

Top 10 for the Past Week

1.Liberty Mutual to Phase Out 8 Regional Insurance Brands
Jan 10, 2013 -- Liberty Mutual Insurance announced it is planning to retire its regional brands in 2013 to focus on the more recognizable Liberty Mutual brand. "We're retiring the brand names of our eight commercial lines regional ...
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2.AIG May Join Suit Against Federal Government Over ‘Unfair’ Bailout Terms
Jan 8, 2013 -- American International Group Inc., the insurer rescued by the U.S. government in 2008 with a bailout that ultimately totaled $182 billion, may join a lawsuit against the government alleging the terms of the deal were ...
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3.After the Storm: Insurance Agents E&O Lessons Learned
Jan 8, 2013 -- More often than not, a second wave of claims against insurance agents by their clients follows a natural disaster. As parties find themselves without the coverage they expected after a catastrophe, it appears to be a ...
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4.List of Company-Specific Sandy-Related Loss Estimates
Jan 10, 2013 -- Since Superstorm Sandy slammed into the New Jersey coastline on Oct. 29, 2012, dozens of insurers and reinsurers have publicly announced their Sandy-related preliminary loss estimates. The following are the latest ...
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5.Illinois House OKs Illegal Immigrant Driver’s License Bill
Jan 11, 2013 -- Illinois has moved a step closer to becoming the next state to allow illegal immigrants to obtain driver's licenses after House lawmakers approved a bill requiring one-year proof of state residency, form of ...
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6.AIG Says It Has Obligation to Consider Bailout Lawsuit; Critics Pounce
Jan 9, 2013 -- American International Group Inc., the insurer rescued by the U.S. government in 2008, said on Tuesday it is considering joining a lawsuit that claims the bailout terms were unfair, drawing angry condemnation from ...
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7.AIG Decides Not to Join Bailout Lawsuit Against Government
Jan 9, 2013 -- The board of American International Group Inc. decided on Wednesday not to join a lawsuit against the U.S. government over the terms of the company's bailout, following two days of fevered backlash from Congress and the ...
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8.New York AG Can’t Stop $115M AIG Settlement with Ex-CEO Greenberg, Others
Jan 8, 2013 -- New York Attorney General Eric Schneiderman cannot stop a $115 million settlement between American International Group Inc. shareholders and the insurer's former chief executive and others, a U.S. judge ruled on Monday. ...
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9.President Obama Signs Bill Repealing Car Dealer Insurance Requirement
Jan 11, 2013 -- President Barack Obama has signed a law repealing an outdated requirement that car dealerships keep on hand an information booklet about insurance. The bipartisan legislation, H.R. 5859, passed the Senate in December by ...
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10.Oklahoma Mom Sues Over Twitter Picture of Unclothed Daughter
Jan 7, 2013 -- The mother of a Booker T. Washington High School girls basketball player is seeking more than $75,000 in damages from Tulsa Public Schools, Twitter and others after a picture of her daughter in her underwear was ...
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