Monthly Archives: <span>February 2017</span>

Former Staffer Files Whistleblower Suit Against Louisiana Sheriff

A former south Louisiana sheriff’s office employee says the sheriff wrongly fired her for cooperating with the FBI in an investigation against him. In a lawsuit filed earlier this month, Deborah Lourd said she was fired last year, shortly after …

Tulsa Man Who Assaulted Insurance Adjuster Gets Life Sentence

A Tulsa, Okla., man who filed a bogus insurance claim and assaulted an insurance adjuster has been sentenced to life in prison, the state insurance department announced. Prentice E. Ponds II, 43, was on parole at the time of the …

Arthur J. Gallagher Acquires Wisconsin’s Kelly Financial

Arthur J. Gallagher & Co. has acquired Madison, Wisconsin-based Kelly Financial Inc. Terms of the transaction were not disclosed. Founded in 1957 by John M. Kelly and incorporated in 1994 by Scott Kelly, Kelly Financial offers retirement plan management, wealth …

Officials Team Up to Fight Opioid Crisis in Vermont Community

Burlington, Vt., officials and community partners are teaming up to combat a spike in opioid-related deaths. Vermont saw a 38 percent increase in opioid-related deaths from 2015 to 2016. Mayor Miro Weinberger joined the city’s police chief and other officials …

Con Ed to Pay $153M to Settle New York City Explosion Charges

Consolidated Edison has agreed to pay $153 million to settle charges over a 2014 gas explosion in East Harlem that killed eight people and injured about 50. The settlement was approved on Thursday by the state’s Public Service Commission. The …

How Supreme Court Just Made Things Easier for Patent Infringers

The Supreme Court made it easier on Wednesday for U.S. manufacturers to infringe patents held by competitors by manufacturing all but one of the infringing components abroad. The practical consequences could be significant, as could the court’s apparent view that …

Maine Lawmaker Wants to Block Car Insurance Hikes Based on Age

A Maine state senator is looking to protect senior citizens in the state from having car insurance rates go up because of their ages. Sen. Bill Diamond, a Windham Democrat, says his bill follows up on insurance giant Progressive’s attempt …

Canadian Broker Network Names Robinson as Chairman, Succeeding Miller

Canadian Broker Network (CBN), Canada’s network of independent insurance brokers, has appointed Mike Robinson, president and CEO, PBL Insurance Ltd., as chairman. Robinson succeeds Tim Miller, president of Capri Insurance Services, who has been CBN chairman for the past three …

With Growth of the Gig Economy, States Rethink How Workers Get Benefits

As more and more Americans hold nontraditional jobs that don’t have benefits attached — think freelance graphic designers or Uber drivers — cities and states are exploring ways to ensure those workers still have access to workers’ compensation, unemployment insurance, …

AXA Chief Rules Out Major Acquisitions Such as Generali

AXA has reached a “critical size” and is ruling out major acquisitions such as Italy’s Generali, the French insurer’s chief executive Thomas Buberl said on Thursday. It is managing risks relating to May’s presidential election in France and raising its …