Monthly Archives: <span>May 2009</span>

Arthur J. Gallagher Acquires Texas-based Employee Benefit Broker

Arthur J. Gallagher & Co. has acquired the Sellers Group LLC, an employee benefit broker in The Woodlands, Texas. Terms of the transaction were not disclosed. Established in 1997, Sellers Group LLC offers a full range of group employee benefit …

An Awakened Washington Promises More Stress for Directors & Officers

Corporations and their directors and officers are living in fear. Fear of the next financial scandal, the next stock market plunge, the next lawsuit. Fear of bankruptcy. Fear of angry policymakers inside Washington and angry citizens outside their homes. It’s …

Arkansas High Court Denies Class-Action For Union Pacific Lawsuit

A lawsuit claiming Union Pacific pressured grieving families into settlements after train crashes shouldn’t be a class-action matter, as those suing failed to show any strong link between themselves, the Arkansas Supreme Court has ruled. Justice Elana Cunningham Wills wrote …

Leavitt Group Announces Moreno President of Benefits Operations

Salt Lake City-based the Leavitt Group has named John Moreno president of Leavitt Benefits Services. Moreno will forward the benefits operations of the Leavitt Group and affiliated agencies. He will also develop forward-looking strategies for the Leavitt Group as it …

SEC Chief Backs ‘Systemic Risk Council’ Idea

The head of the Securities and Exchange Commission said Friday she favors a new proposal for federal regulators sharing oversight of companies that pose financial risks to the U.S. economy. SEC Chairman Mary Schapiro said she’s “inclined toward” the idea …

Kania Joins Liberty International Underwriters

Liberty International Underwriters, a division of Liberty Mutual Group, named Tim Kania as senior vice president of construction for its North and South America operations. An insurance executive for more than 20 years, Kania is also a licensed professional engineer. …

Idaho Hispanic Population Shows Buying Power

Two years ago, Nestor Carrillo could fit the demands for his Mexican candies and tortillas into one truck as he drove products to a handful of stores across Idaho. Carrillo now has four trucks, three employees and delivers to more …

Santa Barbara Fire 65% Contained

A wildfire that began on May 5 in Santa Barbara County, Calif. continues to burn, having burned 8,733 acres and destroyed 77 residences as of this morning, May 11, 2009, according to the National Interagency Coordination Center. Sixty outbuildings were …

Curley Joins Rogers & Gray in Massachusetts

Massachusetts-based Rogers & Gray Insurance Agency Inc. has hired John P. Curley as a Commercial Lines Sales Account Executive. Curley, who is a former professional golfer, joined the agency in February and is based in its South Dennis office.

Wal-Mart Pays $2M to Avoid Charges in New York Death Probe

Wal-Mart agreed Wednesday to pay nearly $2 million and improve safety at its 92 New York stores as part of a deal with prosecutors that avoids criminal charges in the trampling death of a temporary worker last year. Nassau County …