Yearly Archives: <span>2014</span>

Trial Alleging Gender Discrimination at Anheuser-Busch Begins

Jury selection began April 28 in the trial of a case brought by the former top ranking woman executive at St. Louis-based Anheuser-Busch, who accuses the beer maker of wage discrimination for paying her less than half the base salary …

N.Y. Assembly OKs Traffic Speed Cameras in NYC, Long Island School Zones

Hundreds of new traffic speed cameras would be authorized for school zones in New York City and Long Island, N.Y., under legislation passed by the state Assembly on Monday. Speeding drivers caught by the cameras would be mailed $50 tickets, …

Arkansas Tornado Hits 1 Street Particularly Hard

Mark Wade and his family heard the dire warnings on TV and the tornado sirens, and were prepared to ride out the storm in their closet when a neighbor across the street on Vilonia’s Aspen Creek Drive yelled out: “Come …

WIAA Objects to In-House Producer Disciplinary Hearings in California

The Western Insurance Agents Association is throwing up some objections to a California Department of Insurance proposal that would enable the department’s hearing bureau to adjudicate agent/broker and carrier disciplinary proceedings. Producer disciplinary proceedings in California have been held for …

Washington Commissioner Fines Producers More Than $24,000

Insurance Commissioner Mike Kreidler in March disciplined and issued fines totaling $24,250 against insurance companies, agents and brokers who violated state insurance regulations. Insurance companies Unitrin Auto and Home Insurance Co., Jacksonville, Fla.; fined $20,000 Unitrin issued insurance policies using …

Construction Is Riskiest Job in Kentucky

Construction workers have the deadliest job in the state, according to the Kentucky Labor Cabinet. The cabinet said that since 2011, the construction industry had 21 deaths, followed by landscaping/tree services workers with 16 deaths, truck drivers and maintenance/repair workers …

Former Chubb COO Degnan Nominated as Chairman of Port Authority of N.Y.-N.J.

John Degnan, a former chief operating officer of Chubb Corp., was nominated for chairman of the Port Authority of New York and New Jersey by New Jersey Governor Chris Christie, filling a vacancy brought on by the scandal over last …

ACE Limited Reports $734 Million Q1 Net Income; $777 Million Operating

ACE Limited report first quarter, 2014 net income of $734 million, compared to $953 million in Q1, 2013. The decrease came from the capital gain/loss side of the ledger. ACE posted a $207 million capital gain in Q1, 2013, compared …

Walmart Begins Selling Auto Insurance Online

Walmart has partnered with AutoInsurance.com to offer car insurance to its customers at “everyday low prices.” The new arrangement provides an auto insurance comparison service through the AutoInsurance.com website from national insurance carriers that include Progressive, Esurance, Safeco, Travelers, and …

Willis Group Reports $246 Million Q1 Net Income; CEO Comments

Willis Group Holdings plc reported net income of $246 million or $1.35 per diluted share in the first quarter of 2014, compared to net income of $219 million, or $1.24 per diluted share, in Q1, 2013. The report noted, however …