Monthly Archives: <span>May 2014</span>

Former Anheuser-Busch VP Loses Gender Bias Suit in Missouri

Anheuser-Busch did not discriminate against a former executive by paying her significantly less than a male predecessor, a jury in St. Louis, Mo. decided Friday. The jury of seven women and five men deliberated for more than 10 hours over …

Court: Ohio Overcharged Employers Workers’ Comp For Years

The director of the state insurance fund for injured workers said Friday that he’s disappointed with an unusually pointed appeals court decision that says the fund overcharged employers by hundreds of millions of dollars. Steve Buehrer, Ohio Bureau of Workers’ …

Virginia Police to Enforce Seat-Belt Use as Part of ‘Click It or Ticket’ Campaign

Police officers across Virginia are planning an effort to enforce traffic laws, particularly seat-belt and child-restraint use. The enforcement efforts this month are part of the national Click It or Ticket enforcement mobilization. Seat belts prevent ejection, which is one …

Delaware Lawmakers Eye Proposals to Lower Workers’ Comp Medical Costs

Delaware lawmakers are expected to act quickly on recommendations from a state task force aimed at lowering workers’ compensation insurance rates. The task force presented lawmakers a report on May 15 proposing that workers compensation medical costs to be trimmed …

Bank of America Off Hook for Allegedly Hiding AIG Lawsuit: Court

A federal appeals court said Bank of America Corp. was not liable to shareholders for allegedly concealing a $10 billion fraud lawsuit by American International Group Inc., whose filing led to a 20-percent one-day plunge in the bank’s stock price. …

Duncan Joins EPIC As Chief Growth Officer

Retail insurance broker EPIC (Edgewood Partners Insurance Center), has named Chris Duncan to the firm’s executive team as chief growth officer (CGO). As CGO for EPIC, Duncan will focus on growing EPIC’s presence throughout the United States, primarily through expansion …

Kane USA Appoints Client Services Director in Vermont

Kane USA, a subsidiary of Kane Holdings Inc. in Guernsey, has appointed Mary Desranleau as client services director. Based in the firm’s Burlington, Vt., office, Desranleau will report to Ann West, operations director at Kane USA.

Marsh & McLennan Agency Acquires Visicor in Texas

Marsh & McLennan Agency LLC has acquired Visicor, an employee benefits brokerage and consulting firm based in Friendswood, Texas. Terms of the deal were not disclosed. All of Visicor’s leadership and employees will join MMA’s Southwest region and merge into …

Making the Economics of Telematics Work for Insurers

The crossroads of auto insurance these days is telematics, the use of an electronic device to monitor how an automobile is being driven. The device monitors where a car is and how it is being driven, and, in theory, should …

NCAA Athletes Drop Image-Use Damages Claim, Pursue Future Earnings

Ex-National Collegiate Athletic Association players suing to gain a share of the $800 million of annual broadcast revenue reaped by the organization said they won’t seek damages for past use of their images, instead focusing only on future licensing and …