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

Brown & Brown Acquires RF Ougheltree & Associates in New Jersey

Brown & Brown Inc. announced that its wholesale brokerage division, Hull & Company, has acquired certain assets of RF Ougheltree & Associates LLC in Lyndhurst, New Jersey. Terms of the transaction were not disclosed. RF Ougheltree & Associates was founded …

Water District in California Oks Actor Tom Selleck’s Settlement Offer

A California water district has accepted Tom Selleck’s offer of more than $21,000 to settle a lawsuit that accused the actor of taking water he wasn’t entitled to for his 60-acre ranch. Directors of the Calleguas Municipal Water District in …

U.S. Court Sides with Kansas Drivers in FedEx Employee Status Case

FedEx has lost a round in employment practices litigation over whether or not its drivers are employees of the company under Kansas labor statutes. On July 8, the U.S. Court of Appeals for the 7th Circuit agreed with the findings …

Thousands Still Powerless in Southern California City

Commuters dealt with dead traffic signals and several businesses were forced to remain closed as crews worked to restore power to thousands in downtown Long Beach, Calif. following three separate fires in underground electrical vaults. Southern California Edison says some …

Quadriplegic Missionary Gets $26M Settlement in Montana Crash

Insurers for the Southern Baptist Convention have agreed to pay $26 million to a man who was paralyzed and suffered brain damage in a rollover crash during a 2009 missionary trip in Montana, Attorney Anders Blewett said Tuesday. The insurance …

California Judge Rules Apple Workers Can Sue as a Class Over Searches

For California workers seeking to be paid for time spent getting bags searched after their shifts end, state law may provide the remedy that federal law doesn’t. On Thursday, a judge in San Francisco said that Apple Inc. store workers …

Head of UK Financial Watchdog Resigns; Government Refuses to Extend Contract

The head of Britain’s financial watchdog is stepping down early in a move some industry watchers said was a sign the government wants to take a less confrontational stance towards banks. Sources familiar with the matter said Martin Wheatley, viewed …

New York State Insurance Fund Launches New Online Medical Provider Portal

The New York State Insurance Fund (NYSIF) announced on Thursday the launch of its new online medical provider portal. NYSIF said the new portal will allow registered providers and third party billers to retrieve claims payment information regarding their workers’ …

Liberty Mutual Names Feige Inland Marine Underwriting Manager

Liberty Mutual’s National Insurance Property operation has appointed Dan Feige division underwriting manager for its Inland Marine division. Based in New York, Feige is responsible for growing Liberty Mutual’s large inland marine business, according to Mike Martin, executive vice president, …

Lawsky’s Bank-Busting Reputation Looms Over Pact With Iran

Benjamin Lawsky’s bank-busting reputation may have earned him his own tribute in this week’s landmark Iran nuclear agreement. Lawsky was the first superintendent of New York’s beefed-up banking and insurance overseer, which gave him enforcement power over international banks chartered …