January 23, 2013
The U.S. Supreme Court on Tuesday refused to consider whether Sears Holdings Corp. improperly fired a former supervisor who objected to how the retailer handled a sexual harassment probe she helped conduct. Without comment, the court declined to take up …
January 23, 2013
Fewer investors are taking corporate America to court for fraud. The number of new federal securities fraud lawsuits seeking class-action status fell to a 7-year low in 2012, according to a study by Stanford Law School and Cornerstone Research released …
January 23, 2013
Standard & Poor’s Ratings Services has issued a new report – “Global Insurance Key Risks And Credit Trends Dominated By Low Interest Rates And Regulation Issues -” which examines how those two issues are “dominating the agendas of the leading …
January 23, 2013
Business leaders in Davos have plenty to worry about, from the euro zone to global geopolitical upheavals, but at heart their problem is simple: how to find new revenue in a low-growth world. Half a decade on from the financial …
January 23, 2013
A post on WillisWire, the blogging platform of Willis Group Holdings, identifies developing trends cited by insurance experts as key emerging risks for businesses in 2013. Willis said “the increased likelihood of extreme weather, the damage of negative publicity on …
January 23, 2013
Do you have standardized procedures? One of the terms key to understanding E&O exposures is, “invariable practice.” In other words, does the agency invariably follow the same procedure every time? The point here is that if an agency follows the …
January 23, 2013
Louisiana Workers’ Compensation Corp. (LWCC) has promoted Debra Taylor to assistant vice president of human resources and Jill Breard to assistant vice president of claims operations. Taylor has worked at LWCC since 1992, when she was hired as training coordinator. …
January 23, 2013
An Ohio health insurance company is suing state and federal officials over confusion in rules for a program for patients with pre-existing conditions. At issue is a high-risk insurance pool created by President Barack Obama’s health care law targeting patients …
January 23, 2013
Scientists have noticed a recent increase in seismic activity near the 8.5-acre sinkhole at Bayou Corne, and worry that it might grow again, Assumption Parish officials say. The increase was first noticed about two weeks ago, John Boudreaux, director of …
January 22, 2013
Wells Fargo Insurance named Jon Lindstrom managing director for its Colorado offices. Lindstrom will lead business development, client service and sales, and cross-sell for the company’s insurance operations in Colorado. Based in Denver, he will report to Howard McClure, regional …