Insurance Journal

JUNE 11, 2025

said high-net-worth clients and access to retail investors are the biggest opportunities in Asia for growth in the coming years. Apollo Global Management Inc. Australia’s superannuation system, which will be the world’s second-largest pension by 2030, and Japanese savers that …

Retail

Insurance Journal

JULY 9, 2025

British businesses should be legally required to report material cyberattacks to the authorities, the chairman of retailer Marks & Spencer said on Tuesday, claiming two recent major attacks on large UK firms had gone unreported. Giving evidence to lawmakers on …

Retail

Insurance Journal

JUNE 10, 2025

British retailer Marks & Spencer resumed taking online orders for clothing lines on Tuesday after a 46-day hiatus following a cyberattack. Shares in M&S, one of the best-known names in British business, were up 3.5% after it restarted standard home …

Retail

Insurance Journal

JULY 10, 2025

The UK’s National Crime Agency has arrested four people over a series of disruptive cyberattacks that targeted leading British retailers earlier this year. The authorities detained three teenage males and one 20-year-old female in the West Midlands and London on …

Retail

Insurance Journal

JULY 25, 2025

Amazon faces two mass lawsuits from retailers and consumers worth up to 4 billion pounds ($5.4 billion) for allegedly abusing its dominant position, after a London tribunal on Thursday certified the cases could proceed. Andreas Stephan, a competition law academic, …

Retail

Insurance Journal

JUNE 6, 2025

The world’s largest retailer will start offering drone service at 100 stores across Charlotte, North Carolina; Tampa, … Walmart Inc. is adding drone delivery in five new cities in a bid to expand online sales and get goods to shoppers faster.

Retail

Insurance Journal

JULY 18, 2025

Aon Appoints Key Leaders in EMEA Commercial Risk Team Insurance broker Aon plc announced several key leadership appointments within … This edition of International People Moves details appointments at Aon and AXA XL. A summary of these new hires follows here.

Retail

Insurance Journal

JULY 14, 2025

BMS Appoints Wilson as Director in Canadian Retail Division BMS, the independent insurance and reinsurance broker, announced the appointment … This edition of International People Moves details appointments at brokers BMS and Willis. A summary of these new hires follows here.

Retail

Insurance Journal

JUNE 22, 2025

Federal Trade Commission civil lawsuit accusing the world’s largest retailer of ignoring warning signs that fraudsters used its money transfer services to fleece consumers out of hundreds of millions … Walmart has agreed to pay $10 million to settle a U.S.

Retail

Insurance Journal

JULY 9, 2025

The cyberattack that derailed Marks & Spencer Group Plc’s operations for weeks was the result of a “sophisticated impersonation” of one of the retailer’s third-party users, according to Chairman Archie Norman. The hackers entered M&S’s systems on April 17 and …

Retail

Insurance Journal

JUNE 11, 2025

The eggs, distributed by the August Egg Company, were sold to retailers including Walmart Inc. The US Food and Drug Administration said more than 20 million eggs have been recalled after 21 people were hospitalized with salmonella. and Safeway Stores …

Retail

Insurance Journal

JULY 7, 2025

WalkerHughes Insurance, a privately held, founder-led retail insurance brokerage headquartered in Indianapolis, Indiana, is pleased to announce the addition of Apogee Insurance Solutions, LLC, a St. Peters, Missouri-based insurance agency, to its growing Missouri platform.

Retail

Insurance Journal

JUNE 16, 2025

John Hamer, president of Rodgers Wade Manufacturing in Paris, Texas, makes store fixtures for big retailers like Ross Dress for Less and Ulta Beauty. He sources many of the goods from China, which until recently meant he paid 70% in …

Retail

Insurance Journal

JUNE 29, 2025

A former champion college athlete and aspiring Olympian known for his prowess in track and field events has advanced his lawsuit that blames cannabis retailers for his cannabis-induced psychosis that led to a suicide attempt. A New Jersey state judge …

Retail

Insurance Journal

OCTOBER 22, 2024

Unison Risk Advisors (URA) reports that Avondale Insurance Associates has joined the firm and is the first company to join URA’s non-retail division. Established in 2006, Avondale Insurance Associates is an excess and surplus lines underwriting management company across all …

Retail

Insurance Journal

NOVEMBER 26, 2024

The world’s biggest retailer will no longer consider race and gender to boost diversity when … Walmart Inc. is reversing course on diversity, equity and inclusion initiatives, joining a growing list of businesses retreating on DEI programs targeted by conservative activists.

Retail

Insurance Journal

JULY 22, 2024

A federal judge has ruled that a wholesale insurance agent’s claim against a retail agent for allegedly misrepresenting the exposure of an insured regarding violations of the federal telemarketing law should proceed to trial. In a case with origins back …

Retail

Insurance Journal

SEPTEMBER 8, 2024

New York Governor Kathy Hochul on Thursday signed a new law requiring retailers to boost safety protections for store workers, including requiring major chains to add panic buttons in all New York State locations. Unions representing retail workers had pushed …

Retail

Insurance Journal

SEPTEMBER 17, 2024

Howden, the London-based insurance intermediary group, announced its launch into the Japanese retail insurance broking and captive consulting and management markets with the acquisition of Foresight Holdings Co. Also announced was the appointment of Takuya Aibe as CEO of …

Retail

Insurance Journal

JUNE 12, 2025

A string of recent cyberattacks and data breaches involving the systems of major retailers have started affecting shoppers. United Natural Foods, a wholesale distributor that supplies Whole Foods and other grocers, said this week that a breach of its systems …

Retail

Insurance Journal

SEPTEMBER 13, 2024

Shopworkers’ union Usdaw took legal action against Britain’s biggest retailer after Tesco sought to … Tesco was not entitled to terminate some employees’ contracts and offer to rehire them on less favorable terms, the United Kingdom’s Supreme Court ruled on Thursday.

Retail

Insurance Journal

JANUARY 30, 2025

Theft and violence against retail workers in Britain soared to record levels last year and are “out of control,” driven partly by criminal gangs, according to a report published on Thursday. Industry body the British Retail Consortium’s annual crime survey …

Retail

Insurance Journal

AUGUST 20, 2024

Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Anthony James Insurance Brokers, subject to regulatory approval. This latest acquisition further expands and strengthens SRG’s retail pillar, Specialist Risk … Financial details of the transaction were not disclosed.

Insurance

Insurance Journal

DECEMBER 30, 2024

announced the acquisition of Tustin, California-based Murray Gardner Insurance Agency Inc., dba BMR Insurance. BMR Insurance is a retail insurance agency serving commercial and personal lines clients primarily … Gallagher & Co. Terms of the transaction were not disclosed.

Insurance

Insurance Journal

OCTOBER 20, 2024

The insurance industry, traditionally rooted in face-to-face interactions and extensive documentation, is undergoing a significant transformation with the rise of video marketing. As digital communication becomes the norm, retail insurance agents, wholesalers, MGAs, carriers and insurtechs increasingly turn to video …

Insurance

Insurance Journal

SEPTEMBER 30, 2024

Marsh McLennan says it has a deal in place to acquire McGriff Insurance Services for $7.75 retail broker McGriff, an affiliate of private-equity backed TIH (formerly Truist Insurance Holdings), had $1.3 billion, funded by cash and debt financing. billion …

Insurance

Insurance Journal

FEBRUARY 17, 2025

Embedded insurance is no longer just an emerging trend; it’s becoming a central strategy for retailers and non-insurance brands looking to enhance customer experience, drive loyalty, and generate new revenue streams. With global gross written premiums in embedded insurance projected …

Insurance

Insurance Journal

AUGUST 5, 2024

Wholesalers are a bridge between retail agents/brokers and the markets that provide the specialized coverages that retailers need for their most challenging risks. This post is part of a series sponsored by Dyad. Their success hinges on two crucial factors: …

Retail

Insurance Journal

AUGUST 18, 2024

Security leaders should be exercising every available option to upgrade their security posture, and cyber insurance policies could make or break the resiliency for many organizations across nearly all industries — K-12 education, retail, healthcare, manufacturing and more. Just last …

Retail

Insurance Journal

NOVEMBER 5, 2024

announced the acquisition of Fenton, Michigan-based Peabody Insurance Agency, Inc. Peabody Insurance). Peabody Insurance is a retail insurance agency serving commercial and personal lines clients primarily in southeast … Gallagher & Co. Terms of the transaction were not disclosed.

Retail

Insurance Journal

JUNE 4, 2025

today acquired Reno, Nevada-based Wilkins & Associates Insurance Services Inc. Steve Wilkins, Jared Wilkins and their team will operate under the direction of Scott Firestone, head of Gallagher’s Southwest region retail property/casualty brokerage operations. Gallagher & Co. Wilkins …

Retail

Insurance Journal

NOVEMBER 12, 2024

One of the few remaining industries dominated by check payments is now adopting online payments and financing, shaped by modern retail checkout convenience and trends. The fast checkout experience enjoyed by online consumers today has its roots in a 1999 …

Retail

Insurance Journal

JANUARY 6, 2025

the Rolling Meadows, Illinois-based insurance brokerage, announced the acquisition of Waterloo, Ontario-based Encore Insurance Services Inc., Encore Group is a retail insurance brokerage firm serving … Gallagher & Co., dba Encore Group. Terms of the transaction were not disclosed.

Retail

Insurance Journal

JANUARY 15, 2025

WalkerHughes Insurance, a privately held, founder-led retail insurance brokerage business headquartered in Indianapolis, Indiana, has acquired Independent Brokers Agency LLC, a St. Louis, Missouri-based insurance agency which offers personal lines, commercial lines, and employee benefits.

Retail

Insurance Journal

MARCH 6, 2025

retailers that publicly scrapped diversity, equity and inclusion programs including Target, Amazon and Tractor Supply are maintaining certain efforts behind the scenes. The three retailers, while they’ve ended DEI programs on paper, have told advocacy groups … Several U.S.

Retail

Insurance Journal

JANUARY 14, 2025

We invite ALL retail agency owners, principals, producers, CSRs the entire agency to participate in Insurance Journal’s annual independent insurance agency salary survey. Be a part of the industry’s favorite salary survey while learning more about agency compensation …

Retail

Insurance Journal

APRIL 7, 2025

New Jersey Governor Phil Murphy has signed a bill into law setting stricter penalties for retail theft and calling for a dedicated effort to combat organized retail theft. The new law establishes and upgrades certain crimes related to retail theft, …

Retail