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Iowa Court Reconsiders Firing of ‘Irresistible’ Assistant

A dental assistant fired because her boss thought she was too attractive has won a rare reconsideration by the Iowa Supreme Court on her sexual discrimination lawsuit. Chief Justice Mark Cady signed an order on June 24 that resubmitted a …

U.S. Suspends Trade Benefits for Bangladesh Over Workplace Safety

President Barack Obama on Thursday cut off longtime U.S. trade benefits for Bangladesh in a mostly symbolic response to dangerous conditions in that country’s garment industry that have cost more than 1,200 lives in the past year. “I have determined …

P/C Insurers Question Need for Insurance Accounting Overhaul

The biggest overhaul of insurance accounting in 30 years advanced a step on Thursday with the release of a proposal that some insurers fear could make their profits more volatile. In a move to align financial statements worldwide, the U.S. …

Hobby Lobby Wins Round in Fight Against Contraceptive Coverage

Arts and crafts chain Hobby Lobby may be entitled to an exemption from a requirement in President Barack Obama’s 2010 healthcare overhaul to include free contraception coverage in its employee health insurance plans, a federal appeals court ruled this week. …

Alberta Farms Avoid Widespread Damage from Worst Flood on Record

Damage to farmland in southern Alberta is not “widespread” after the region’s worst floods on record, according to Katrina Bluetchen, a spokeswoman for the provincial agriculture ministry. Reports collected by the ministry suggest most of the flooding in agricultural areas …

Guy Carpenter Launches New Mutual Company Specialty Practice

Guy Carpenter & Co., LLC, a global risk and reinsurance specialist and member of Marsh & McLennan Cos. have launched Mutual Company Specialty Practice which will focus exclusively on the needs of mutual insurance companies. The practice will consist of …

Court Grants Scientific Article Authors, Publishers Broad Protection

Authors and publishers of controversial scientific articles, and the companies sponsoring those articles, won broad free speech protection from a U.S. appeals court on Wednesday. The 2nd U.S. Circuit Court of Appeals in New York said statements of scientific conclusions …

Former North Dakota Insurance Agent Gets 10 Years for Theft

A former Dickinson, N.D., insurance agent convicted of stealing tens of thousands of dollars from a client has been sentenced to 10 years in prison. A jury in April found Scott Biggs guilty of five counts of felony theft of …

Boston-Based Risk Strategies Co. Sells Majority Stake to Kohlberg & Co.

Risk Strategies Co., a Boston-Based insurance and benefits brokerage and risk management firm, announced that private equity firm Kohlberg & Co. has acquired the majority of Risk Strategies’ stake. The brokerage said Mount Kisco, N.Y.-based Kohlberg & Co. has also …

How Carriers, Agents Can Adapt As Small Commercial Buyers Move Online

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