January 5, 2016
Hillshire Brands Company (formerly known as the Sara Lee Corp.) will pay $4 million to a group of 74 African-American former employees who had worked at a former Sara Lee facility in Paris, Texas, to settle a race discrimination lawsuit, …
January 5, 2016
The U.S. Justice Department sued Volkswagen AG for installing illegal devices meant to defeat emissions testing, and laid out claims that could push penalties into the tens of billions of dollars — an opening salvo in a legal battle that …
January 5, 2016
Maine ended the year 2015 with 32 motorcycle deaths, the most since 1991, and safety officials say there’s no single factor that seems to be behind the spike. Mild weather that extended the riding season through early December may have …
January 5, 2016
World Insurance Associates LLC, an independent agency based in Tinton Falls, New Jersey, announced the acquisition of the HTK/Hunt Traina Kennard Insurance Agency Inc., also based in Tinton Falls. Terms of the transaction were not disclosed. HTK/Hunt Traina Kennard is …
January 5, 2016
QBE North America said announced that Joseph Davide has joined the organization as senior vice president, Risk Management, QBE’s large risk business in North America. This business is part of QBE’s Standard Lines – Property & Casualty division, which comprises …
January 5, 2016
Montana State University is trying to put a value on dinosaur bones after state auditors said they need it for insurance policies, despite opposition from Museum of the Rockies’ dinosaur experts who say it’s unethical and dangerous to treat scientific …
January 5, 2016
Western Growers has named David Duvall program development director of its insurance services team. Duvall will be responsible for developing association-based property/casualty solutions for Western Growers members. Duvall was most recently the Southern California underwriting manager for Safety National Insurance …
January 5, 2016
Lafayette, Calif.-based Stone Creek Insurance Agency has hired three new producers/account managers. Matthew Johnson has been named a commercial lines broker. He specializes in commercial property and liability policies covering apartments, homeowner’s associations and office buildings. Johnson has 12 years …
January 5, 2016
While it may seem like the property/casualty insurance industry has been in a soft market for a long time, it’s actually only been four months, according to one brokerage executive who tracks pricing every quarter. Once again the composite rate …