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18
07, 2016
AID Recovers More than $1.5M for Consumers in First Half of 2016
Arkansas Insurance Commissioner Allen Kerr says the Consumer Services Division (CSD) of the Arkansas Insurance Department recovered $1,580,421 for Arkansas insurance customers in the first six months of 2016. The amounts recovered for Arkansas consumers by CSD are in excess …
14
07, 2016
XS Brokers Adds Jimcor’s Dudkiewicz as It Expands to Mid-Atlantic States
XS Brokers, one of the largest independent insurance wholesale brokerages in New England, is opening a new office in the greater Philadelphia area and has hired Alan Dudkiewicz to lead the firm’s efforts in the Pennsylvania-New Jersey-Delaware-New York region. Dudkiewicz …
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 …
14
07, 2016
Illinois Emergency Medical Service Provider Fined $290K for Workplace Hazards
Federal safety and health investigators have cited Altamont Ambulance Service Inc. in Fairview Heights, Ill., for workplace safety and health violations and find the company $290,100. The federal Occupational Safety and Health Administration said Altamont failed to follow specific guidelines …
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 …
14
07, 2016
Combined Agents of America Names Cross as CEO
Austin, Texas-based insurance agent network, Combined Agents of America LLC (CAA) has hired Peter Cross as its new chief executive officer. CAA has 53 independent agency members in Kansas, Texas, Oklahoma and Nebraska. Cross holds the CPCU, CIC and ARM designations, …
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 …
14
07, 2016
In Office Expansion, Oak Street Funding Moves to Indianapolis
Indiana-based Oak Street Funding a commercial lender to financial services business nationwide, is relocating its offices from Carmel to Indianapolis. The company said in its announcement that the move will accommodate recent and projected future growth. Oak Street Funding has …
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 …
14
07, 2016
At Least 2 Dead in Midwest Floods that Damaged Homes, Stranded Motorists
At least two people have died in flooding caused by powerful storms that damaged homes, washed out roads and stranded motorists in Wisconsin, Minnesota and Michigan. In northern Wisconsin, an 84-year-old Illinois man died when his vehicle became submerged in …