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18
07, 2016
4 Promoted to Vice President Positions at M3 Insurance
Wisconsin-based M3 Insurance has promoted Tim Cleary, Matt Cranney, Nezih Hasanoglu and Zach Penshorn to vice president positions. Cleary, Cranney, Hasanoglu and Penshorn have accepted these leadership roles, respectively, in the areas of Sales for Property/Casualty, Insurance Operations, Business Development and Human …
19
07, 2016
Florida Steps up Fraud Fight With New Division of Investigative and Forensic Services
The Florida Department of Financial Services is enhancing its law enforcement strategy to fight fraud in the state by integrating its current units housed within DFS and forming the Division of Investigative and Forensic Services, according to a statement from …
19
07, 2016
Mississippi Study: Most Residents Ignore Wireless Emergency Weather Alerts
A study by two University of Southern Mississippi researchers on the effectiveness of emergency alerts has revealed some surprising results. David Cochran and Bandana Kar, associate professors in the Department of Geography and Geology, recently concluded work with the Department …
18
07, 2016
$30M Settlement with Bristol-Myers Squibb in California Whistleblower Suit
California Insurance Commissioner Dave Jones reached a $30 million settlement with pharmaceutical giant Bristol-Myers Squibb over allegations of drug marketing fraud and physician kickbacks. The settlement stems from charges in a whistleblower lawsuit filed by three former Bristol-Myers Squibb sales …
18
07, 2016
Federal Government Sues California Homeowner for $25M over Wildfire
The federal government is suing a California homeowner for nearly $25 million, contending his negligence sparked a 2013 fire in the mountains east of Los Angeles that forced 5,000 people from their homes. The lawsuit says that a short in a …
18
07, 2016
Washington Doesn’t Do Enough to Protect Schools from Quakes: Report
More than 380,000 students in Washington state live in earthquake-prone areas and attend schools built before seismic construction standards were adopted statewide, according to a Seattle Times report. The newspaper, analyzing state data, also reported that more than 31,000 students …
18
07, 2016
$3.5M Settlement for Family of Dead Washington Bicyclist
The city of Seattle, Wash. has paid $3.5 million to the family of a bicyclist who died two years ago in a collision with a truck in downtown Seattle. The Seattle Times reported the payment resolves a claim that the city’s …
18
07, 2016
EPA, Forest Service Seek Permanent Firefighters Near Montana Asbestos Site
The Environmental Protection Agency and the U.S. Forest Service want to station 10 firefighters near Libby this summer so crews are immediately available to fight any fire that night burn in or near a former vermiculite mine contaminated with asbestos, …
18
07, 2016
Mid-Market Firms Fall Short on Natural Catastrophe Risk Management: Assurex Global
Middle market businesses in all parts of the world view their exposures to natural catastrophes as increasing but some fall short when managing these risks effectively, according to a new survey of senior executives at more than 80 independent insurance brokers. The survey …
18
07, 2016
Nearly $1M in Stolen Construction Equipment Found in Chicago Home
Chicago police are asking people who’ve had construction equipment stolen in recent months to report to a West Side district station to identify items allegedly found in a man’s home. Police say investigators found $750,000 to $1 million in stolen …