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Bloomberg.com is running a story by David Evans that will appear on the newsstands beginning August 16 in the September issue of Bloomberg Markets magazine.

Admittedly the story has little to do with business insurance.

Rather, the article is about “Alliance Accounts.” This is the way Prudential Financial pays out death benefits to beneficiaries of our fallen soldiers. Our readers include insurance professionals, small business people, and financial planners, so I’d like some feedback on this practice.

Prudential has released a study tracking the financial behavior of women over a ten-year period. What are the trends? What are strengths, changes, and challenges faced by women and expressed in their behaviors? What unique challenges do women face as a part of their financial experience? These are a few of the many questions explored in the report.

The report suggests that 95% of the women surveyed were financial decision makers and 86% of married women were the primary decision makers in their household.

NOAA weather reported that Tropical Storm Bonnie was about 155 miles southeast of Miami at 5 a.m. The storm is expected to pass over the southern tip of Florida and the Florida Keys later today.

The storm will then pass out into the Gulf of Mexico, possibly gaining strength where the storm may delay more work on the cap to the Deepwater Horizon well.

As the storm passed through the Bahamas, no flooding or serious injuries were reported. Winds are reported to be 40 m.p.h. with higher gusts.

Twitter is a great site where people come together to post “tweets” of 140 words or less of things the person considers relevant. Others can “follow” the person and review these pearls of wisdom. For example, if one wanted to “follow” me, they could do so by following lawboop.

Businesses use Twitter as well. Big businesses use the site to announce promotions, specials, new products, while smaller businesses use it to establish an identity or particular expertise.

For Buckeyes, the win certainly is not as exciting as the one that will occur on November 27, 2010 in Columbus, but it is certainly up there.

The Ohio Attorney General’s Office announced that a settlement has been reached with insurer AIG in a class-action case involving three large public pension funds. The total settlement (including some ancillary cases and matters) is $1.0095 billion dollars. A significant part of that settlement is to be paid by an AIG stock offering, so it remains to be seen if the settlement amount can be paid.

According to Attorney General Richard Cordray the class-action lawsuit alleged: