Monthly Archives: <span>August 2010</span>

Wal-Mart Asks Supreme Court to Nix Massive Sex Bias Lawsuit

The world’s largest retailer has asked the U.S. Supreme Court to halt a mammoth sex-discrimination case brought by its women workers, according to a Wednesday court filing. Wal-Mart Stores Inc. is appealing an April ruling that authorized the class action, …

The Next Big Thing at the Entrepreneurial Insurance Symposium

The property/casualty insurance industry is undergoing substantial changes, from regulation to product delivery to technology. One conference that tackles some of the most innovative ideas on how the insurance industry can change and grow is MarketScout’s annual Entrepreneurial Insurance Symposium …

Iowa to Assess for Second Injury Fund; Work Comp Rate Hike Proposed

Sufficient funds are not available to meet the liabilities of Iowa’s Second Injury Fund, so the state is imposing a $4 million assessment on insurers and self-insured employers in Iowa. Notices were mailed from the Iowa Insurance Division on Aug. …

New Tropical Depression Forms in Eastern Atlantic

Tropical Depression Seven formed in the far eastern Atlantic Ocean on Wednesday, one of three systems the U.S. National Hurricane Center was monitoring, but none were so far expected to threaten energy production in the Gulf of Mexico. The NHC …

Pennsylvania Indicts Agency Execs, Spouses in $7.5M Pyramid Scheme

Two Pennsylvania insurance agency execs and their spouses have been charged in what prosecutors say is a massive pyramid scheme that swindled local colleges, businesses and other organizations of more than $7.5 million. The central figures in the alleged scheme …

23 States Involved in Recalled Eggs

Eggs contaminated with salmonella that originated from Wright County Egg in Iowa have shown up in 23 states, CNN reported this morning. Already, the outbreak has sickened hundreds of people across the country, the Food and Drug Administration reported. On …

K&K Insurance Adds New Regional Sales Staff Across U.S.

Indiana-based K&K Insurance has added a regional sales force to develop new agent relationships while supporting existing K&K relationships with more than 6,000 agents and brokers across the United States. The new sales representatives include: James Algeo serves the Northeast …

Kessler Joins CRC Insurance Services

CRC Insurance Services announced that Neil Kessler has joined the company’s corporate management team and will serve as executive vice president of Marketing and Sales. He will be based in Dallas. In this newly-created role, Kessler will be responsible for …

Swantner & Gordon Insurance Merging with Higginbotham & Associates

Swantner & Gordon Insurance Agency, headquartered in Corpus Christi, Texas, and Fort Worth-based Higginbotham & Associates have jointly announced the merger of their operations. The combined firm has more than 500 professionals providing insurance, risk management and employee benefit solutions …

Maley Joins IMA as Vice President and Risk Manager

Wichita, Kan.-based independently owned retail insurance broker IMA Inc. announced that Kathie L. Maley joined IMA’s Wichita office as a vice president and risk manager in the Risk Management Group of IMA’s Specialty Risk Services Division. At IMA, Maley’s primary …