Latest Retail Headlines
All the headlines from our Retail Topic Page, ordered by recency.
Rampant Brazil Cargo Theft Disrupts Retail, Drives Up Insurance Rates
May 31 2018 // In a bunker-like room in a gritty suburb of Sao Paulo, retired police colonel Antonio Marin and a dozen employees track the location of hundreds of cargo trucks on a bank of monitors. During his 34 years in Sao Paulo...
Idaho Supreme Court Sends Slip-and-Fall Suit Against Walmart Back to Lower Court
May 7 2018 // The Idaho Supreme Court has ruled that a lower court must once again review a slip-and-fall lawsuit against Walmart. Diane Brooks sued the retail giant for negligence in November 2014 after slipping and falling in a puddle...
Idaho Supreme Court Sends Slip-And-Fall Suit Against Walmart Back to Lower Court
Apr 25 2018 // The Idaho Supreme Court has ruled that a lower court must once again review a slip-and-fall lawsuit against Walmart. The Idaho Statesman reported Diane Brooks sued the retail giant for negligence in November 2014 after...
Marijuana Regulators in California Send Cease Order to Nearly 1K Businesses
Apr 11 2018 // Nearly 1,000 individual cannabis businesses have been sent cease-and-desist letters or emails by California regulators during an ongoing enforcement process, a first step in a long effort to ensure the state’s...
Sompo Int’l to Form Retail Insurance Platform to Integrate International Businesses
Apr 10 2018 // Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty re/insurance, announced it will establish a retail platform designed to integrate all the operations of Sompo Holdings Inc....
BB&T Insurance to Acquire Regions Insurance Group
Apr 6 2018 // BB&T Insurance Holdings, which is owned by financial services firm BB&T Corp., has agreed to acquire another bank-owned insurance broker, Regions Insurance Group, from Regions Financial Corp. No terms were...
Walmart Talking with Health Insurer Humana on Closer Ties, Possible Acquisition
Mar 30 2018 // U.S. retailer Walmart Inc. is in early-stage talks with health insurer Humana Inc. about developing closer ties, with the acquisition of Humana being discussed as one possibility, people familiar with the matter said on...
Credit Insurers Stopped Backing Toys ‘R’ Us a Year Ago
Mar 19 2018 // When Toys ‘R’ Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid for goods delivered to the company as it tried to emerge from Chapter 11. Now those payments...
20-Year-Old Oregon Man Sues Dick’s, Walmart Over New Gun Policies
Mar 12 2018 // A 20-year-old man from Oregon has filed lawsuits against Dick’s Sporting Goods and Walmart, alleging the two retailers discriminated against him when they refused to sell him a rifle this week because of his...
Why Wholesale Insurance Brokers Are Under Continuing Pressure to Sell
Feb 13 2018 // Wholesale insurance brokers have been selling off their businesses and it’s not because they are all ready to retire. As in the retail agency segment, consolidation among wholesale brokerages is being driven by...
Hiscox Names Walter as CEO Hiscox Global Retail, Langan as CEO of Hiscox USA
Feb 8 2018 // Hiscox Ltd. announced that Ben Walter, the current CEO of Hiscox USA, will relocate to London to take up the newly created role of CEO Hiscox Global Retail. He will be succeeded as CEO Hiscox USA by Steve Langan, the...
Consolidation Continues: The Squeezing of Wholesale Brokers
Jan 22 2018 // Wholesale insurance brokers have been selling off their businesses and it’s not because they are all ready to retire. As in the retail agency segment, consolidation among wholesale brokerages is being driven by...
UK Fines Mobile Phone Retailer Carphone Warehouse over 2015 Data Breach
Jan 10 2018 // Britain’s information regulator said on Wednesday it had fined Carphone Warehouse 400,000 pounds ($539,400) after a 2015 cyber attack exposed the personal data of more than 3 million customers. The Information...
Workers’ Comp Carrier Retailers Casualty Insurance Expands Into Alabama
Jan 5 2018 // Retailers Casualty Insurance Co. has received all regulatory approvals from the Alabama Department of Insurance to begin offering workers’ compensation coverage in the state of Alabama. Appointed agents may quote...
Some Question CVS-Aetna Remodeling of Health Care
Dec 28 2017 // Walking the aisles of a CVS drugstore, there are piled paper towels, stacked cereal boxes, and neat lines of nail polish. In the back, there’s the pharmacy. For years, that approach has remained essentially unchanged...
How to Help Clients Protect Payment Processing Systems
Nov 27 2017 // The holidays are coming, bringing heightened anticipation. Families look forward to time together, children can’t wait for presents, merchants envision boosted sales and criminals dream of a wealth of unprotected...
Jury Awards $7.5M to Alabama Man Injured at Walmart
Nov 14 2017 // An Alabama man who said he tripped and broke his hip while buying a watermelon at a Walmart store has won a $7.5 million verdict in his lawsuit against the retailer. Henry Walker on Wednesday was awarded the damages after...
California’s New Pot Market Brings Sticker Shock
Nov 7 2017 // California’s legal marijuana marketplace is coming with a kaleidoscope of new taxes and fees that could influence where it’s grown, how pot cookies and other munchies are produced and the price tag on just...
The Case of the $25,000 Toy Model Car
Oct 24 2017 // Miniature models of automobiles began to pop up shortly after the first cars were introduced in the early 20th century. They were originally developed, not as toys for children or as models for hobbyists, but as...
Brokers Bucking Disruption: How Wholesalers Hang On Through Change
Sep 4 2017 // As long as there is an insurance industry, wholesaler brokers believe they will have a role to play. “We will continue to be an important sector – a small sector – but still a very important sector of how...
