All the headlines from our Retail Topic Page, ordered by recency.
Feb 13 2018 // Wholesale insurance brokers have been selling off their businesses and it’s not because they are all ready to retire.As in the retail agency segment, consolidation among wholesale brokerages is being driven by buyers...
Feb 8 2018 // Hiscox Ltd. announced that Ben Walter, the current CEO of Hiscox USA, will relocate to London to take up the newly created role of CEO Hiscox Global Retail. He will be succeeded as CEO Hiscox USA by Steve Langan, the...
Jan 22 2018 // Wholesale insurance brokers have been selling off their businesses and it’s not because they are all ready to retire.As in the retail agency segment, consolidation among wholesale brokerages is being driven by buyers...
Jan 10 2018 // Britain’s information regulator said on Wednesday it had fined Carphone Warehouse 400,000 pounds ($539,400) after a 2015 cyber attack exposed the personal data of more than 3 million customers.The Information...
Jan 5 2018 // Retailers Casualty Insurance Co. has received all regulatory approvals from the Alabama Department of Insurance to begin offering workers’ compensation coverage in the state of Alabama. Appointed agents may quote...
Dec 28 2017 // Walking the aisles of a CVS drugstore, there are piled paper towels, stacked cereal boxes, and neat lines of nail polish. In the back, there’s the pharmacy.For years, that approach has remained essentially unchanged...
Nov 27 2017 // The holidays are coming, bringing heightened anticipation. Families look forward to time together, children can’t wait for presents, merchants envision boosted sales and criminals dream of a wealth of unprotected...
Nov 14 2017 // An Alabama man who said he tripped and broke his hip while buying a watermelon at a Walmart store has won a $7.5 million verdict in his lawsuit against the retailer.Henry Walker on Wednesday was awarded the damages after a...
Nov 7 2017 // California’s legal marijuana marketplace is coming with a kaleidoscope of new taxes and fees that could influence where it’s grown, how pot cookies and other munchies are produced and the price tag on just...
Oct 24 2017 // Miniature models of automobiles began to pop up shortly after the first cars were introduced in the early 20th century. They were originally developed, not as toys for children or as models for hobbyists, but as...
Sep 4 2017 // As long as there is an insurance industry, wholesaler brokers believe they will have a role to play.“We will continue to be an important sector – a small sector – but still a very important sector of how...
Aug 28 2017 // U.S. department store operator Sears Holdings Corp. is having trouble stocking shelves, as some vendors have fled while others are demanding stricter payment terms because of difficulties hedging against default risk.The...
Aug 8 2017 // Wal-Mart Stores Inc. has settled a lawsuit by two insurers that sought to avoid covering its multimillion-dollar payout to comedian Tracy Morgan for injuries he suffered in a 2014 crash involving one of the...
Jul 25 2017 // A 59-year-old Mississippi woman has been indicted on criminal charges, with prosecutors saying she lied when she reported falling at a Walmart store. State Attorney General Jim Hood said Friday that Dianne Bullock of...
Jul 19 2017 // The Wal-Mart greeter who took the retail giant all the way to the U.S. Supreme Court in the largest gender bias class-action lawsuit in U.S. history has died.A niece, Rita Roland, says Betty Dukes died July 10 at her home...
Jul 5 2017 // Months after hearing arguments, the Michigan Supreme Court has decided to stay out of a personal-injury case at a big-box store that could have consequences for retailers statewide.The court said it will let an appeals...
Jul 5 2017 // Executives of retail and wholesale property/casualty brokers, who have heard predictions about disintermediation for years, are not worried about the latest wrinkle in the stories of their demise—the rise of insurtech...
May 16 2017 // Two former Wal-Mart Stores Inc. employees have filed a lawsuit accusing the retailer of treating thousands of pregnant workers as “second-class citizens” by rejecting their requests to limit heavy lifting,...
May 2 2017 // Baton Rouge, La.-based Retailers Casualty Insurance Co., a workers’ comp insurer managed by Summit, has declared a $1.7 million policyholder dividend for the 2015 policy year. Retailers Casualty policies are...
Mar 6 2017 // Workers’ compensation liability is one of the main commercial lines in the U.S. property/casualty market. In order to manage this loss exposure, employers have two choices: they can either buy market insurance or...