Latest Retail Headlines
All the headlines from our Retail Topic Page, ordered by recency.
Start-Up Stories: How New Agencies Are Competing
Feb 8 2009 // A Crop of Newly-Formed Agencies Is Defying the Hard Economy and Soft Market The independent insurance agency system is enjoying a resurgence. For years, the number of agencies in the country had been declining but that...
Fireman’s Fund Insures Payment Card Security Breach for Retail Stores
Jan 6 2009 // Fireman’s Fund Insurance Co. is introducing the first coverage for retailers that experience a breach of their payment card security system. According to the insurer, a single breach of a payment card security system...
Retail, Wholesale Insurance Brokers Working on Electronic Transactions
Dec 19 2008 // Retail insurance agents and wholesale brokers are working on a plan to streamline how they do business together including improving electronic applications, electronic interfaces between the parties, and general agent Web...
Idaho Man Sues Weapon Makers, Wal-Mart Over Injury
Oct 27 2008 // A Coeur d’Alene, Idaho, man who said his hand was permanently injured when his gun exploded is suing a rifle-making company, a bullet manufacturer and Wal-Mart. James Monette filed the lawsuit against rifle-maker...
Arkansas AG Subpoenas Gas Retailers for Ike-Related Price Spikes
Sep 18 2008 // Arkansas Attorney General Dustin McDaniel has begun issuing subpoenas over spikes in fuel prices at 52 gas stations around the state as Hurricane Ike approached the Texas coast. McDaniel said more than 1,450 people phoned...
Wholesaler Value is a Story That Needs to Be Told
Sep 1 2008 // Soft Market or Not, Stay Focused on Providing Superior Service, Value to Agents There is an old saying in the insurance industry that goes something like this: “Please, God, give me one more hard market and I...
California Appeals Court: Retailers Must Provide Disabled Access
Aug 6 2008 // The Court of Appeal of California has ruled that a retailer must remove architectural barriers that prohibit disabled individuals from accessing merchandise, or must adopt alternative methods for making its merchandise...
Reducing the Risk in Florida Surplus Lines
Aug 4 2008 // Build Relationships, Advises FSLA Board Member O’Leary Like trapeze artists performing without a net, surplus lines specialists operate without the backing of the state guaranty fund, which picks up the pieces for...
What Retail Agents Need to Know to Access Florida Surplus Lines
Aug 4 2008 // 10 +1 Questions of Advice for Agents Thinking of Sticking Their Toes into Florida’s Surplus Lines Waters Gary Pullen, executive director, and the staff of the Florida Surplus Line Service Office supplied answers to...
Match-making: What Retail Agents Want From Wholesalers and MGAs
May 5 2008 // Exclusive Insurance Journal survey: successful relationships depend on markets and service in soft or hard cycle Like the love-lorn users of match.com, independent agents hunting for business partners among surplus lines...
Contractors and Certificates of Liability Insurance
Apr 21 2008 // Your E&O claim waiting to happen Certificates — not again. Haven’t we heard enough about this topic? Apparently not. Certificates are issued for all sorts of insureds, but contracting risk is the most...
Workers’ Comp Dividend Earned by Petroleum Marketers and Convenience Store Group
Dec 21 2007 // Texas Mutual Insurance Company announced a $129,320 dividend to the Texas Petroleum Marketers and Convenience Store Association (TPCA) workers’ compensation purchasing group today. The group’s first dividend...
The CHANGING FACE of Surplus Lines Brokers
Sep 24 2007 // The surplus lines industry is never boring, never plain and certainly never black and white. Often dubbed as the innovator of new insurance products, the industry could even be considered colorful when it comes to the...
Wal-Mart: Tests Show Traces of Melamine in Dog Treats
Aug 23 2007 // Tests of two Chinese brands of dog treats sold at Wal-Mart stores found traces of melamine, a chemical agent that led to another massive pet food recall in March, a spokeswoman said Aug. 21. Wal-Mart quietly stopped...
Wal-Mart Quietly Pulled Dog Treats But Didn’t Issue Recall
Aug 22 2007 // Wal-Mart Stores Inc. quietly stopped selling two brands of dog treats in July, after customers voiced concerns that the Chinese products may have caused their pets to fall ill, but no recall has been announced, a company...
Pharmacist Wins $2 Million in Bias Suit Against Wal-Mart in Mass.
Jun 21 2007 // A former Wal-Mart pharmacist who claimed she was fired after asking to be paid the same as her male colleagues won a nearly $2 million award against the retail giant this week in Massachusetts. A Berkshire Superior Court...
House Passes Bill Blocking Giant Retailers’ Entry into Banking
May 22 2007 // The U.S. House of Representatives has overwhelmingly passed a measure closing a loophole and blocking giant retailers like Wal-Mart and The Home Dept from owning industrial loan corporations, or ILCs. For ILCs already...
Ark. Judge Grants Class Status to Truckers Suing Wal-Mart
May 18 2007 // A judge in Little Rock, Ark., has granted class status in a federal lawsuit against Wal-Mart Stores Inc. in which the company is accused of discriminating against black applicants for jobs driving Wal-Mart trucks. In his...
FBI to Launch Retail Theft, Loss Prevention Database
Apr 5 2007 // In response to Congressional legislation intended to combat the growing problem of organized retail theft, the FBI has worked with the National Retail Federation (NRF) and the Retail Industry Leader’s Association...
Wal-Mart Drops Bid to Form Bank
Mar 16 2007 // Wal-Mart Financial Services has withdrawn its controversial application seeking to start its own bank. The retailer is one among 14 companies including the Home Depot with applications before the Federal Deposit Insurance...
