Latest Retail Headlines
All the headlines from our Retail Topic Page, ordered by recency.
High Cost, Scarcity of Insurance Keeping Vendors from Sears Shelves
Aug 28 2017 // U.S. department store operator Sears Holdings Corp. is having trouble stocking shelves, as some vendors have fled while others are demanding stricter payment terms because of difficulties hedging against default risk. The...
Wal-Mart, Liberty Mutual Insurers Settle Over Tracy Morgan Crash
Aug 8 2017 // Wal-Mart Stores Inc. has settled a lawsuit by two insurers that sought to avoid covering its multimillion-dollar payout to comedian Tracy Morgan for injuries he suffered in a 2014 crash involving one of the...
Mississippi Woman Charged With Insurance Fraud for Lying About Fall at Walmart
Jul 25 2017 // A 59-year-old Mississippi woman has been indicted on criminal charges, with prosecutors saying she lied when she reported falling at a Walmart store. State Attorney General Jim Hood said Friday that Dianne Bullock of...
Wal-Mart Greeter Who Became Plaintiff in Historic Class Action Dies In California
Jul 19 2017 // The Wal-Mart greeter who took the retail giant all the way to the U.S. Supreme Court in the largest gender bias class-action lawsuit in U.S. history has died. A niece, Rita Roland, says Betty Dukes died July 10 at her home...
Retailer Menards Loses Appeal in Michigan Parking Lot Injury Case
Jul 5 2017 // Months after hearing arguments, the Michigan Supreme Court has decided to stay out of a personal-injury case at a big-box store that could have consequences for retailers statewide. The court said it will let an appeals...
Fearless Brokers on Disruption by Insurtech: ‘Bring It On’
Jul 5 2017 // Executives of retail and wholesale property/casualty brokers, who have heard predictions about disintermediation for years, are not worried about the latest wrinkle in the stories of their demise—the rise of insurtech...
Walmart Denies Discrimination Claims by Pregnant Workers
May 16 2017 // Two former Wal-Mart Stores Inc. employees have filed a lawsuit accusing the retailer of treating thousands of pregnant workers as “second-class citizens” by rejecting their requests to limit heavy lifting,...
Louisiana’s Retailers Casualty Reports $1.7M Policyholder Dividend
May 2 2017 // Baton Rouge, La.-based Retailers Casualty Insurance Co., a workers’ comp insurer managed by Summit, has declared a $1.7 million policyholder dividend for the 2015 policy year. Retailers Casualty policies are...
Who Self-Insures for Workers’ Compensation in California?
Mar 6 2017 // Workers’ compensation liability is one of the main commercial lines in the U.S. property/casualty market. In order to manage this loss exposure, employers have two choices: they can either buy market insurance or...
Massachusetts Court Reminds Auto Insurers of Importance of Retail Book Value
Feb 6 2017 // A Massachusetts appeals court used a recent case to warn auto insurers about the importance of taking retail book value into consideration early in the settlement process. While the court ruled in favor of defendant...
Massachusetts Court Reminds Auto Insurers of Importance of Retail Book Value
Jan 20 2017 // A Massachusetts appeals court used a recent case to warn auto insurers that it is important to take retail book value into consideration early in the settlement process. While the court ruled in favor of defendant...
North Carolina Convenience Store Mix-up of Kerosene, Gasoline Causes 2 House Fires
Jan 17 2017 // Officials in Winston-Salem, N.C., say a kerosene and gasoline mix-up at a convenience store led to two fires, both at houses. The Winston-Salem Journal reports Winston-Salem Fire Department Division Chief Sandy Shepherd...
Wal-Mart Owes New Hampshire Pharmacist $16.08M for Gender Bias
Jan 13 2017 // Wal-Mart Stores Inc. has been ordered by a federal judge to pay $16.08 million to a former New Hampshire pharmacist in a gender bias case, but the amount is only about half what a jury awarded and may fall substantially...
Wal-Mart to Pay $75K to Settle Illinois Disability Discrimination Lawsuit
Dec 22 2016 // Wal-Mart Stores Inc. will pay a former employee $75,000 to settle a federal disability discrimination lawsuit filed over the company’s alleged actions in regard to an employee at a store Hodgkins, Ill. The lawsuit...
Los Angeles Suing 4 Major Retailers Alleging Deceptive Ads
Dec 9 2016 // The Los Angeles city attorney’s office is suing four retailers for allegedly duping shoppers into believing they got bigger discounts than they actually did. The Los Angeles Times reported that the lawsuit alleging...
Wal-Mart to Settle Bias Suit Over Gay Benefits for $7.5 Million
Dec 5 2016 // Wal-Mart Stores Inc. agreed to pay $7.5 million to settle a lawsuit accusing the company of discriminating against gay workers by failing to offer health insurance benefits to their spouses. The settlement covers employees...
Patrick Ryan on Today’s E&S Business and Using Aon Experience to Build RSG
Oct 13 2016 // After a notable 50-year insurance career that has included starting and leading two highly successful insurance brokers, 79-year-old Patrick Ryan didn’t mince words when asked if he will ever...
Wal-Mart Employee Sets 3 Fires Inside Massachusetts Store
Sep 30 2016 // Police are looking for an employee of a Massachusetts Wal-Mart they say set three fires inside the store, forcing the disposal of all the food on the sales floor. Police say they identified the suspect through security...
Arkansas Judge: Investors Can Sue Wal-Mart as Group Over Mexico Bribe Claim
Sep 22 2016 // An Arkansas judge has ruled Wal-Mart Stores Inc. investors may bring fraud claims against the retailer as a group, clearing a hurdle in a lawsuit over bribes it allegedly paid to help open new stores in Mexico. The ruling...
Cyber Insurance in the Wake of PF Chang’s vs Chubb
Sep 6 2016 // Rebuilding Cyber Insurance in the Wake of P.F. Chang’s vs Chubb Ltd. If the cyber insurance landscape seems like a confusing mess, you are not alone. In fact, the recent case of P.F. Changs v. Federal Insurance Co....
