Monthly Archives: <span>December 2014</span>

How One Broker, CGSC, Is Navigating Stages of Entrepreneurial Business

Entrepreneurial organizations go through stages of growth, says the chief executive of one of the world’s largest wholesale insurance and reinsurance brokerages. Toby Esser, CEO of Cooper Gay Swett & Crawford (CGSC), says his company went through many transitions in …

3 Sentenced in Louisiana Auto Insurance Fraud Scheme

United States Attorney Stephanie A. Finley announced three defendants in an insurance fraud scheme recently received prison sentences. Additionally, one of them was ordered to pay more than $190,000 for staging automobile accidents in order to collect insurance payments. Oliver …

Ohio School District Employees Appeal Ruling in Shooting Lawsuit

Five current or former officials from an Ohio school district are appealing a ruling allowing three school shooting victims’ families to proceed with parts of a lawsuit. The lawsuit by the families and a student injured in the 2012 shooting …

Accident Fund Picks Walsh to Lead Alternative Markets Unit

Accident Fund Holdings Inc., based in Lansing, Mich., has named Patrick Walsh the company’s new alternative markets leader. Walsh will be responsible for continuing non-traditional and innovative business solutions and generating new and creative opportunities in response to agent and …

Louisiana Auditor: Work Needed Still on Tracking Hurricane Aid

Louisiana has a long way to go to make sure that more than a billion dollars in housing aid has been used properly by the thousands of people who got federal help from the catastrophic 2005 hurricane season, according to …

Home Safety Outreach Planned After 2 Fatal Fires in Maryland County

Prince George’s County, Maryland, fire officials went door-to-door in the Capitol Heights and Bowie areas to make sure families have working smoke alarms and an escape plan in the event of a fire. Their efforts on Dec. 26 come after …

Federal Report Shows New Hampshire Hospitals Reduced Errors

New Hampshire hospitals are making progress in reducing both errors and unnecessary readmissions, according to new federal data. The federal Department of Health and Human Services released a report this month estimating that the 3,700 hospitals across the country participating …

Insurers Dogged by Claims of Slanted Sandy Reports

When Superstorm Sandy hit the East Coast, flood insurance companies working for the Federal Emergency Management Agency dispatched an army of structural engineers to do some detective work. Their assignment: Find out how much damage to policyholders’ homes was caused …

‘Throwing Money’ at Data Breach Victims May Not Be Best Response

Offering customers discounts in future purchases and free credit monitoring —strategies used by Target after its large-scale data breach — may raise suspicions rather than satisfy customers’ sense of justice, according to researchers at the University of Arkansas. Information systems …

Fire Deaths Up Slightly in Alabama in 2014

Fire deaths are up slightly this year in Alabama over 2013. The state fire marshal’s office says 86 people have died in fires so far this year in the state. That’s four more fatalities than during the same period last …