Latest Retail Headlines

All the headlines from our Retail Topic Page, ordered by recency.

New York AG Probes Retailers Over Use of On-Call Shifts

Apr 15 2016 // New York Attorney General Eric T. Schneiderman, along with officials from attorneys general offices from seven other states and the District of Columbia, recently sent letters to a number of large retail companies...

Wal-Mart Settles Utah Suit Over Firing of Disarming Workers

Apr 12 2016 // A group of former Wal-Mart workers in Utah who said the company violated their right to self-defense by firing them for disarming suspected shoplifters has settled their lawsuit against the mega-chain.The workers argued...

Supreme Court Quashes Wal-Mart, Wells Fargo Bids to Upend Class Action Judgments

Apr 4 2016 // The U.S. Supreme Court on Monday rejected Wal-Mart Stores Inc.’s bid to throw out a more than $150 million class action judgment over the retailers’ treatment of workers in Pennsylvania.The justices declined to...

Wal-Mart Ordered to Pay New Hampshire Pharmacist $31M in Bias Case

Jan 29 2016 // Wal-Mart Stores Inc was ordered by a federal jury in New Hampshire to pay $31.22 million to a pharmacist who claimed she was fired because of her gender and in retaliation for complaining about safety conditions.The...

Families of Shooting Victims Sue Wal-Mart Over Sale of Bullets

Jan 8 2016 // Wal-Mart Stores Inc , the world’s largest retailer, faces a lawsuit in Pennsylvania claiming store employees negligently allowed an underage, intoxicated customer to buy a box of bullets later used to commit three...

2015- Modernization in the Non-Admitted Market

Dec 9 2015 // Dallas, TX, December 9, 2015- 2015 has been a big year for mergers and acquisitions in our industry. You read consolidation news everyday…Willis to buy Towers Watson…Confie acquires another broker…Gen...

New Credit Card Chips Shift Liability to Retailers

Dec 7 2015 // On Oct. 1, 2015, many of the insurance industry’s clients took on a lot more risk, and may not even know it. The Payment Card Industry, PCI, which is the self-regulating organization that oversees everyone that...

Target Settles 2013 Data Breach Claims with Banks

Dec 3 2015 // Target Corp. will pay about $39 million to banks and credit unions to resolve losses from a 2013 holiday- season data breach, as retailers and financial institutions continue to grapple with the costs of major hacker...

Wal-Mart Accuses Insurers of Bad Faith in Tracy Morgan Case

Nov 2 2015 // Wal-Mart Stores Inc. has filed a lawsuit against a number of its commercial excess liability insurers. The lawsuit alleges that the insurers are delaying to pay claims related to the giant retailer’s settlement paid...

Wal-Mart Sues Insurers for Alleged Breach of Contract in Morgan Settlement Case

Oct 16 2015 // Wal-Mart Stores Inc. recently filed a lawsuit against a number of its commercial excess liability insurers. The lawsuit alleges that the insurers are delaying to pay claims related to the giant retailer’s personal...

Texas All Risk General Agency Receives Special Recognition for Advancements in Technology from Nautilus Insurance Group

Oct 16 2015 // Dallas, TX, October 14 2015- Nautilus President Tom Kuzma presented the award at the company’s 30th Anniversary celebration in Whistler, British Columbia on September 29th. The carrier’s top MGA partners were...

Thornton Named Managing Director of Global Risk Partners’ Retail Broking Unit

Oct 9 2015 // Global Risk Partners Limited (GRP)* is pleased to announce that Neil Thornton will be joining as managing director of GRP’s Retail Broking business.Thornton was previously head of the Commercial Division of Bluefin...

Retailers Most Vulnerable to Cyber Breaches at Point-of-Sale

Oct 5 2015 // In justifying a reluctance to purchase cyber insurance coverage for data breaches, many retailers insist they don’t store credit card information after a sale. But experts say the headline-generating data breaches at...

NAS’ Palotay: Point-of-Sale, not Stored Data, Riskiest for Retailers

Oct 1 2015 // In justifying a reluctance to purchase cyber insurance coverage for data breaches, many retailers insist they don’t store credit card information after a sale. But experts say the headline-generating data breaches at...

Brown & Brown Revamps Retail Agency Division

Sep 18 2015 // Brown & Brown Inc. has realigned its of retail agency division into a more decentralized operating model with an eye toward increasing organic growth.Brown & Brown’s retail agency division will continue to...

Gallagher Plans to Buy Controlling Stake in Colombian Broker Guianza

Aug 7 2015 // Arthur J. Gallagher — the international division of Arthur J. Gallagher & Co. – has signed an agreement to acquire a controlling stake in Colombian retail insurance broker Guianza S.A. Corredores de Seguros,...

Toys ‘R’ Us Facing Credit Insurance Woes As It Restructures

Jul 28 2015 // Insurance companies are cutting back on their coverage of Toys “R” Us Inc. suppliers, bringing another headache to a retailer that has suffered more than two years of losses, people familiar with the matter...

Comprehensive Rating Platform Leads to MGA Successes

Jul 28 2015 // Dallas, TX, July 28 2015-Texas All Risk General Agency, Inc. is celebrating single digit mid year loss ratio trends with all 5 of their commercial binding carriers. The company attributes its continued success to their...

Idaho Man Gets Settlement from Trademark Issue Over Walmart Shirt

Jul 15 2015 // A man in east Idaho is getting a settlement from the company that used his American Built trademark on 88,000 shirts sold in Walmart stores.KPVI-TV reported the undisclosed settlement was reached out of court and is going...

Suit Charges Wal-Mart with Discrimination Against Gay Employees Over Health Benefits

Jul 15 2015 // Wal-Mart Stores Inc. was accused of discriminating against gay employees in a lawsuit that pits the biggest U.S. retailer against rights activists just weeks after same-sex marriage was legalized nationwide.In a proposed...