Monthly Archives: <span>June 2012</span>

U.S. Settles Lawsuit Against Christus Spohn Health System Corp.

Federal prosecutors say a Texas-based hospital system has paid millions of dollars to settle a false claims lawsuit. Christus Spohn Health System Corp. has paid the United States more than $5 million to settle allegations regarding violations of the False …

Texas Attorney Convicted of Paying Bribe Money to Judge

A South Texas attorney has been convicted on charges related to bribing a judge for favorable rulings in court cases, including insurance related litigation. United States Attorney Kenneth Magidson announced that Ray Roman Marchan of Brownsville, Texas, has been found …

Wisconsin Manufacturer Struggling to Recruit Workers

A defense contractor that’s one of northern Wisconsin’s largest employers is struggling to recruit recent high school graduates for some of the region’s best-paying jobs. Marinette Marine Corp. says it is holding open 40 positions in its training program for …

Indiana Town to Foot Insurance Bill so Parade Can Go On

An Indiana town’s Fourth of July parade is marching forward after officials stepped up to ensure the event would go on. The Lions Club usually provides liability insurance for the annual event in Walton but couldn’t afford the cost this …

J.M. Wilson Adds Underwriters in Kansas City

Managing general agency J.M. Wilson has added two underwriters to its Kansas City, Mo., team. Eric Shwarz is a new property/casualty underwriter and Kefentse Mandisa is a new transportation underwriter. Shwarz and Mandisa will service accounts for independent agents in …

Safety Hazards at Texas Manufacturing Plant Lead to $58K in Fines

A manufacturing facility in Texas has been fined $58,000 by federal regulators for exposing workers to safety hazards. The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Progressive Inc. in Arlington with 15 safety violations for exposing …

Tropical Storm Irene’s Scars Healing in Adirondacks, Catskills in N.Y.

A replacement for one of the most well-traveled and iconic bridges in the Adirondack High Peaks was completed and opened to hikers Sunday as crews continue to repair backcountry trail damage from Tropical Storm Irene in August. The bridge across …

Endurance Names Belfatti as Chief Actuary

Bermuda-based Endurance Specialty Holdings Ltd. announced that Michael Belfatti will join the company as Chief Actuary with responsibility for overseeing Endurance’s global pricing and reserving activities. He will be based in Endurance’s Bermuda office and reports to CEO David Cash. …

Starr Companies Appoint Childs CFO for International Operations

Starr Companies announced the appointment of Nigel Childs as Chief Financial Officer for the company’s foreign operations. He will be responsible for the financial planning and reporting for Starr’s growing international insurance operations. Childs will report directly to Ed Navarro, …

Connecticut Receives $1M in Multi-State AIG Workers’ Comp Settlement

Connecticut Insurance Commissioner Thomas Leonardi announced Monday that the state has received just over $1 million in fines and penalties from American International Group Inc. as part of a multi-state settlement over allegations that the company under-reported its premiums of …