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Hub International Acquires Kansas-Based Group Benefit Specialists
Hub International Limited (Hub) has acquired Group Benefit Specialists (GBS), a Wichita, Kan.-based employee benefits brokerage. Terms of the acquisition were not disclosed. The GBS team will continue to operate from their existing office in Wichita. Mark Isley, president of GBS, …
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EEOC Charges UPS No-Beard Policy Violates Muslim Workers’ Religious Rights
United Parcel Service, Inc., the nation’s largest package delivery company, violated federal law by discriminating against workers and job applicants whose religious practices conflicted with its uniform and appearance policy, the U.S. Equal Employment Opportunity Commission (EEOC) has charged in …
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USI Acquires El Paso’s Alexander & Assoc. Insurance Services
USI Insurance Services (USI) has acquired the property/casualty business of Alexander & Associates Insurance Services LLC (Alexander & Associates) in El Paso, Texas. The Alexander & Associates team, including Jay D. Alexander, Alexander & Associates’ president, will join USI’s El …
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Idaho Man Gets Settlement from Trademark Issue Over Walmart Shirt
A man in east Idaho is getting a settlement from the company that used his American Built trademark on 88,000 shirts sold in Walmart stores. KPVI-TV reported the undisclosed settlement was reached out of court and is going to Nicholas …
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Feral Hog Damage to Louisiana Crops: $30M and Counting
A study by the LSU AgCenter finds feral hogs have caused at least $30 million in damage to crops on Louisiana farms in 2013. AgCenter economist Shaun Tanger has been gathering data for more than a year from Louisiana farmers …
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Q2 Cat Bonds Issuance Nearly $3 Billion: Aon Securities Report
Aon Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, has released its latest report –“Insurance-Linked Securities Second Quarter 2015 Update” – on the insurance-linked securities (ILS) sector, which analyses the key trends witnessed in …
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Flooding Hampers Commerce on Arkansas River System
Drenching rains and flooding over the past two months have greatly reduced barge traffic along the 455-mile McClellan-Kerr Arkansas River Navigation System and dented the finances of companies that depend on the waterway. The navigation system stretches from Catoosa, Okla., …
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California Bill Would Require Disclosure of Construction Settlements
Construction companies will have to disclose building defects such as those that could have contributed to a deadly balcony collapse in Berkeley under a state legislative proposal . The bill by two Northern California state lawmakers would require construction companies …
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Chappell Joins Lockton as Property/Casualty COO in Dallas/Ft. Worth
Insurance broker Lockton has added Jay Chappell in its Dallas/Ft. Worth operations as chief operating officer for its property/casualty business. Chappell will provide leadership and strategic business oversight for client service for Lockton’s risk management operation, which serves more than 808 clients with …
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Myers to Receive Award From Insurance Library Association of Boston
The Insurance Library Association of Boston has selected John A. Myers, chairman of Associated Industries of Massachusetts Mutual Insurance Companies (A.I.M. Mutual), as the 2015 Insurance Professional of the Year Award winner. This year’s award ceremony will take place on …
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