Wage-and-hour lawsuits have surpassed employee discrimination suits, measured by both number of filings and size of settlements, according to a report from Advisen Ltd. Most insurers have shied away from covering these suits, leaving companies with a substantial uninsured exposure …
A Pennsylvania court has dismissed a lawsuit filed by Pennsylvania insurance regulators that alleged Toronto-based Kingsway Financial illegally jettisoned its ownership in Lincoln General Insurance Co. to a group of 20 charities. The suit, filed in November, alleged the company …
A Negative Impact “A return to the failed FAIR and Coastal Plans could have a serious, detrimental impact on the state’s private insurance market and leave thousands of properties at risk.” —John Marlow, assistant vice president for state affairs for …
A new Broker Insurance Group (BIG) has formed in California, starting with a flagship chapter to serve insurance professionals of the Inland Empire area. Under the leadership of President Sharron Varga, a broker and long-serving member of several industry organizations, …
When it comes to doing the right thing, our desires often get in the way. They cause us to veer down a crooked path that leads us away from what we should do to what we want to do. That’s …
New York-based USI Holdings Corp. has named Sandra Usleman, former president of USI’s Austin, Texas, operating company in the Southwest region, as senior vice president and chief sales officer. Other changes in USI’s Southwest region include the addition of Harold …
The American workplace is undergoing a seismic demographic change as the “Baby Boomer” generation — born between 1946 and 1960 — retires and is replaced by members of the subsequent generations: Generation X (1961-1982) and Generation Y/Millennial Generation (1983-2001). This …
$1 Million Amount refunded to 1,227 New York policy holders of auto insurer Clarendon National Insurance Co., following a market conduct exam by state regulators. The state says the company overcharged customers when it gave a 30 percent rate hike. …
A schism is emerging between New York’s trade groups for insurance agents over how best to challenge rules requiring agents to reveal their pay. The Professional Insurance Agents of New York (PIANY) says it will not join a planned lawsuit …
Arthur J. Gallagher, Winn & Co. Arthur J. Gallagher & Co. has acquired Winn & Company Insurance Brokers Inc. in Hollister, Calif. Terms of the transaction were not disclosed. Established in 1910, Winn & Company is a retail insurance broker …
