Monthly Archives: <span>January 2015</span>

U.S. Trade Rep Sees Progress on Pacific Trade Pact

The final form of an ambitious Pacific trade pact is coming into focus, U.S. Trade Representative Michael Froman said on Tuesday as he urged Congress get behind the U.S. trade agenda. In remarks prepared for delivery to key congressional committees, …

Securities Class Action Lawsuits, Settlements Get Smaller

The size of federal class action lawsuits accusing companies of securities fraud has dropped significantly, new studies show, as the bull market in stocks approaches its sixth birthday. Losses claimed by shareholders, measured by how much stock prices fell when …

Kansas Businesses Support State Takeover of OSHA Enforcement

A proposal that the state take over enforcement of workplace safety rules from the federal government seems unlikely to pass this year but still has some support in the Kansas House. Republicans on the Senate Commerce Committee pulled back from …

Nebraska to Consider Residential Carbon Monoxide Detector Mandate

An increase in carbon monoxide poisoning calls last year could prompt Nebraska lawmakers to require alarms in homes and apartments. A bill set for a legislative hearing on Jan.29 would add Nebraska to a growing list of states that require …

Oregon Man Sues Walmart Over Gas Can Explosion

A Coos County, Ore. man badly burned when he poured gasoline on a fire is suing Walmart, claiming the gas can he bought there was defective. The Register-Guard reported Daniel Rowlett is seeking $13 million. He says Walmart sold him …

CIA-Leavitt Acquires Colorado Springs Accounts From Brown and Brown

CIA-Leavitt Insurance Agency has acquired the Colorado Springs, Colo. clients from Brown & Brown Insurance, which closed its local office. This change will not affect current policies, and to help ease the transition Karen Beitz from Brown & Brown has …

Smart Insurance Solutions in Montana Merges With Leavitt Great West

Smart Insurance Solutions in Kalispell, Mont. has merged with Leavitt Great West Insurance Services. Terms of the deal were not disclosed. The merger expands the Leavitt Group’s footprint in Montana. Leavitt Group’s Great West offices were formed when Taylor-Leavitt Insurance …

IA&B Adds to Sales Center Staff in Pennsylvania

Insurance Agents & Brokers (IA&B), a tri-state trade organization based in Mechanicsburg, Pennsylvania, hired John Angstadt as business development specialist and Cheryl Shiffer as professional lines account manager for its Sales Center. Angstadt comes to IA&B with 13 years of …

Lawley Expands Into Connecticut With Merger of DFM Insurance

Lawley Insurance, an independent insurance agency headquartered in Buffalo, New York, will expand into Connecticut through a merger with DFM Insurance Inc. based in Darien, Connecticut. Terms of the transaction were not disclosed. DFM Insurance will formally be known as …

XL Expands German Professional Indemnity Offering With Heienbrok Appointment

XL Group has expanded its professional indemnity offering in the German market with the appointment of Jens Heienbrok as professional indemnity manager. XL Group said it made this strategic appointment because the market for professional indemnity insurance cover in Germany …