Latest Retail Headlines
All the headlines from our Retail Topic Page, ordered by recency.
Workers’ Comp Carrier Retailers Casualty Insurance Expands Into Alabama
Jan 5 2018 // Retailers Casualty Insurance Co. has received all regulatory approvals from the Alabama Department of Insurance to begin offering workers’ compensation coverage in the state of Alabama. Appointed agents may quote...
Some Question CVS-Aetna Remodeling of Health Care
Dec 28 2017 // Walking the aisles of a CVS drugstore, there are piled paper towels, stacked cereal boxes, and neat lines of nail polish. In the back, there’s the pharmacy. For years, that approach has remained essentially unchanged...
How to Help Clients Protect Payment Processing Systems
Nov 27 2017 // The holidays are coming, bringing heightened anticipation. Families look forward to time together, children can’t wait for presents, merchants envision boosted sales and criminals dream of a wealth of unprotected...
Jury Awards $7.5M to Alabama Man Injured at Walmart
Nov 14 2017 // An Alabama man who said he tripped and broke his hip while buying a watermelon at a Walmart store has won a $7.5 million verdict in his lawsuit against the retailer. Henry Walker on Wednesday was awarded the damages after...
California’s New Pot Market Brings Sticker Shock
Nov 7 2017 // California’s legal marijuana marketplace is coming with a kaleidoscope of new taxes and fees that could influence where it’s grown, how pot cookies and other munchies are produced and the price tag on just...
The Case of the $25,000 Toy Model Car
Oct 24 2017 // Miniature models of automobiles began to pop up shortly after the first cars were introduced in the early 20th century. They were originally developed, not as toys for children or as models for hobbyists, but as...
Brokers Bucking Disruption: How Wholesalers Hang On Through Change
Sep 4 2017 // As long as there is an insurance industry, wholesaler brokers believe they will have a role to play. “We will continue to be an important sector – a small sector – but still a very important sector of how...
High Cost, Scarcity of Insurance Keeping Vendors from Sears Shelves
Aug 28 2017 // U.S. department store operator Sears Holdings Corp. is having trouble stocking shelves, as some vendors have fled while others are demanding stricter payment terms because of difficulties hedging against default risk. The...
Wal-Mart, Liberty Mutual Insurers Settle Over Tracy Morgan Crash
Aug 8 2017 // Wal-Mart Stores Inc. has settled a lawsuit by two insurers that sought to avoid covering its multimillion-dollar payout to comedian Tracy Morgan for injuries he suffered in a 2014 crash involving one of the...
Mississippi Woman Charged With Insurance Fraud for Lying About Fall at Walmart
Jul 25 2017 // A 59-year-old Mississippi woman has been indicted on criminal charges, with prosecutors saying she lied when she reported falling at a Walmart store. State Attorney General Jim Hood said Friday that Dianne Bullock of...
Wal-Mart Greeter Who Became Plaintiff in Historic Class Action Dies In California
Jul 19 2017 // The Wal-Mart greeter who took the retail giant all the way to the U.S. Supreme Court in the largest gender bias class-action lawsuit in U.S. history has died. A niece, Rita Roland, says Betty Dukes died July 10 at her home...
Retailer Menards Loses Appeal in Michigan Parking Lot Injury Case
Jul 5 2017 // Months after hearing arguments, the Michigan Supreme Court has decided to stay out of a personal-injury case at a big-box store that could have consequences for retailers statewide. The court said it will let an appeals...
Fearless Brokers on Disruption by Insurtech: ‘Bring It On’
Jul 5 2017 // Executives of retail and wholesale property/casualty brokers, who have heard predictions about disintermediation for years, are not worried about the latest wrinkle in the stories of their demise—the rise of insurtech...
Walmart Denies Discrimination Claims by Pregnant Workers
May 16 2017 // Two former Wal-Mart Stores Inc. employees have filed a lawsuit accusing the retailer of treating thousands of pregnant workers as “second-class citizens” by rejecting their requests to limit heavy lifting,...
Louisiana’s Retailers Casualty Reports $1.7M Policyholder Dividend
May 2 2017 // Baton Rouge, La.-based Retailers Casualty Insurance Co., a workers’ comp insurer managed by Summit, has declared a $1.7 million policyholder dividend for the 2015 policy year. Retailers Casualty policies are...
Who Self-Insures for Workers’ Compensation in California?
Mar 6 2017 // Workers’ compensation liability is one of the main commercial lines in the U.S. property/casualty market. In order to manage this loss exposure, employers have two choices: they can either buy market insurance or...
Massachusetts Court Reminds Auto Insurers of Importance of Retail Book Value
Feb 6 2017 // A Massachusetts appeals court used a recent case to warn auto insurers about the importance of taking retail book value into consideration early in the settlement process. While the court ruled in favor of defendant...
Massachusetts Court Reminds Auto Insurers of Importance of Retail Book Value
Jan 20 2017 // A Massachusetts appeals court used a recent case to warn auto insurers that it is important to take retail book value into consideration early in the settlement process. While the court ruled in favor of defendant...
North Carolina Convenience Store Mix-up of Kerosene, Gasoline Causes 2 House Fires
Jan 17 2017 // Officials in Winston-Salem, N.C., say a kerosene and gasoline mix-up at a convenience store led to two fires, both at houses. The Winston-Salem Journal reports Winston-Salem Fire Department Division Chief Sandy Shepherd...
Wal-Mart Owes New Hampshire Pharmacist $16.08M for Gender Bias
Jan 13 2017 // Wal-Mart Stores Inc. has been ordered by a federal judge to pay $16.08 million to a former New Hampshire pharmacist in a gender bias case, but the amount is only about half what a jury awarded and may fall substantially...
