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University of Louisville Settles Naming Rights Dispute with Papa John’s for $9.5M

The University of Louisville Athletic Association will pay Papa John’s founder John Schnatter $9.5 million over 51/2 years in a settlement to terminate the pizza chain’s naming rights to Cardinal Stadium. The school last year removed the Papa John’s name …

AIG Expanding at Lloyd’s With New Unit for U.S. High-Net Worth Market

American International Group Inc. is ramping up its bet on the wealthiest Americans with a new push to offer policies through the Lloyd’s of London marketplace and write as much as $1 billion in gross premiums. AIG plans to create …

Southeast Haunted House Requires Scary Amount of Preparation, Insurance

A haunted house that promises an extreme experience that can last up to 10 hours requires participants be medically cleared by a doctor and sign a 40-page waiver. The McKamey Manor experiences in Summertown, Tennessee, and Huntsville, Alabama, also require …

Arkansas Restaurant Faces Charges of Sex Harassment of Teens, Young Adults

Pei Wei Asian Diner LLC, doing business as Pei Wei Fresh Kitchen in Little Rock Ark., has been charged with subjecting a class of female teens and young adults to sexual harassment and a sexually hostile work environment in violation …

Insurer Group: Dallas Tornado Outbreak Costliest in Texas History

The nine tornadoes that hit the Dallas, Texas-area over the weekend have caused an estimated $2 billion in damage, an insurer trade group says, making it the costliest tornado loss in Texas history. The Insurance Council of Texas noted that …

Schweisthal Named Asst. Surety Underwriter at J.M. Wilson in Indiana

Managing general agency and surplus lines broker J.M. Wilson has added Grant Schweisthal as an assistant surety underwriter in its Carmel, Indiana, office. He is responsible for assisting surety underwriters on a wide variety of risks, including processing bond renewals …

Kansas-Oklahoma Border Shaken by 3.7 Magnitude Quake

A 3.7 magnitude earthquake centered near the Kansas-Oklahoma border was felt as far as 75 miles away, but no injuries have been reported. The Kansas City Star reports that the temblor happened just after 4 p.m. Tuesday and was centered …

Majority of Ohio Medical Marijuana Users over 40, Data Shows

Figures released by the State of Ohio Board of Pharmacy show that more than two-thirds of the state’s medical marijuana cardholders are over the age of 40. The data shows about 21% are between the ages of 40 and 49, …

Iowa Insurance Pool Board Rethinking Costly Out-of-State Meetings

Board members of an insurance program for Iowa’s municipal governments are rethinking their long-standing practice of holding public meetings at resorts in other states. Directors of the Iowa Communities Assurance Pool have faced criticism since The Associated Press reported last …

Broker Gallagher Loses $12.8M Poaching Lawsuit in London Against Ardonagh

Insurance broker Arthur J. Gallagher Group lost a 10 million-pound ($12.8 million) lawsuit against rival Ardonagh Group Ltd. in a case highlighted by racially charged comments that put a spotlight on the cutthroat world of London insurers. Judge Clive Freedman …

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