compensation News

Court Exempts Airlines from Developer’s Sept. 11 Environmental Claim

American Airlines, United Airlines and the World Trade Center leaseholder do not have to pay a property developer environmental cleanup costs from the Sept. 11, 2001 hijacked plane attacks, a U.S. appeals court ruled on Friday. The 2nd U.S Circuit …

‘Bonus’ Year of 2013 Has Insurers Figuring How to Incent for Future Growth

With property/casualty insurance and life and annuity companies having a great year in 2013, bonus funds were up above targeted amounts for 80 percent of them, Towers Watson reported. In an item posted on Towers Watson’s Executive Pay Matters blog, …

Disabled Hawaii Man Suing Delta Air Lines for ADA Violations

A Maui man who uses a wheelchair says he was forced to crawl through the aisle, up and down stairs and along a tarmac during a Delta Air Lines flight last year. The Honolulu Star-Advertiser reported that Baraka Kanaan, in …

Who’s Worth What in the Independent Agency System? Find Out Now

Insurance Journal is polling insurance agents and brokers nationwide in its annual search to find out who’s worth what in the independent agency system. Don’t miss out on your chance to participate. The 2013 Agency Salary Survey results will be …

Who’s Worth What? Take IJ’s Agency Salary Survey Today

Insurance Journal is once again polling insurance agency owners, producers, CSRs and other agency staff to find out who’s worth what in the independent agency system. Don’t miss out on your chance to participate. The 2013 Agency Salary Survey results …

UK Business Group Calls for Limit to PPI Compensation – Report

Britain’s government needs to limit compensation paid to customers mis-sold loan insurance, John Cridland, director-general of the Confederation of British Industry, wrote in the Times on Monday. The head of Britain’s biggest business lobby group wants the government to introduce …

Feinberg Calls Indiana Stage Collapse Compensation Fair

The architect of compensation for victims of last year’s deadly Indiana State Fair stage collapse says he believes the state was “exceedingly fair” with victims. Victims’ compensation specialist Kenneth Feinberg tells The Associated Press that officials had limited resources to …

ABI Chides UK’s Riot Compensation Scheme for Shortchanging Londoners

A bulletin from the Association of British Insurers (ABI) indicates that “while insurers reacted quickly to help customers hit by last August’s riots, the riot compensation scheme has failed too many Londoners.” Presenting the figures at the London Assembly the …

The Future of Producer Compensation

It is a fact that many people with the title “producer” don’t produce. They service and they accept what comes to them, but they do not produce. It is also a fact that companies are going to find a way …

Aviva Gives Financial Terms of Moss’ Departure

Following the announcement that Andrew Moss will leave the Aviva Group at the end of May, the company announced that he “will receive basic salary in lieu of 12 months notice in accordance with his contractual entitlements in installments and …