News

Plumbing Supply Firm Loses Appeal Over Sales Reps’ Overtime Pay

A federal appeals court has upheld a district court ruling that a wholesale distributor of plumbing supplies has wrongly exempted its inside sales representatives from overtime pay for years. The 1st Circuit Court of Appeals denied F.W. Webb’s request for …

Oregon Workers’ Comp Pure Premium Rate to Drop 3.2%

Oregon employers will pay on average less for workers’ compensation coverage in 2025. The Oregon Department of Consumer and Business Services the decline in workers’ comp rate, which marks 12 years of average decreases in the pure premium rate. Employers …

TD to Pay $28 Million for Sharing Inaccurate US Consumer Data

Toronto-Dominion Bank will pay almost $28 million in fines and restitution after the Consumer Financial Protection Bureau said the lender shared inaccurate information about tens of thousands of US customers with consumer reporting companies. A CFPB investigation found the information …

Maryland Supreme Court Hears Child Sex Abuse Lawsuit Arguments

The Supreme Court of Maryland heard arguments on Tuesday about the constitutionality of a 2023 law that ended the state’s statute of limitations for child sexual abuse lawsuits following a report that exposed widespread wrongdoing within the Archdiocese of Baltimore. …

Justin Timberlake Reaches Plea Deal to Resolve Drunken Driving Case

Justin Timberlake is scheduled to enter a new plea Friday in his drunken driving case in New York’s Hamptons, prosecutors said. Details of the plea weren’t disclosed, but a person with knowledge of the deal said Timberlake has agreed to …

Supreme Court’s Zeal to Curb Agency Power Looms in New Term

Fresh off a blockbuster US Supreme Court decision that rolled back the power of federal agencies to regulate business, big-government foes are pressing an even bolder agenda. As the court prepares to start its new term next month, conservatives are …

Francine Estimated to Cause $9B in Damage With $1.5B in Insured Losses

A preliminary estimate shows total damage and economic loss from Hurricane Francine in the U.S. is expected to be $9 billion. The storm effects are continuing to be felt, and some areas have yet to report complete information about damage, …

People Moves: Lockton Names Young SVP

Lockton, based in Kansas City, Missouri, hired benefits consultant Chad Young as senior vice president based in its Houston office. Young previously served as an account executive at Aetna and held senior account executive roles at Assurant and The Hartford. …

People Moves: JM Wilson Hires Musolf and Hudson as Assistant Property & Casualty Underwriters; Group Captive Program Leader Albian Joins Ryan Alternative Risk

JM Wilson, headquartered in Portage, Michigan, hired Savana Musolf and Lisa Hudson as assistant property and casualty underwriters. Musolf works with independent insurance agents and company underwriters in Michigan and Texas. Before joining JM Wilson, Musolf worked for over two …

Sentry Buys Nonstandard Auto Insurer The General From American Family for $1.7B

Sentry Insurance said it is buying nonstandard auto insurer The General from American Family Insurance for about $1.7 billion to mark the largest acquisition in the company’s 120-year history. Sentry will pay $1.1 billion in cash and assume liabilities and …

News Archives by Month