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Michigan Pair Plead Guilty to Embezzling from Workers’ Comp TPA

Michigan’s attorney general announced that the former CEO and a bookkeeper of a non-profit workers’ compensation insurance-related organization have pleaded guilty to embezzling millions. Michigan Attorney General Bill Schuette said Jerry Stage, 67, of New Hudson, and George Bauer, 55, …

J.M. Wilson Adds Pusateri as Underwriter in Wisconsin

Managing general agency J.M. Wilson announced it has hired Kristen Pusateri as property/casualty underwriter in its Madison, Wis., office. Her responsibilities include reviewing, quoting, binding and servicing commercial P/C accounts for Wisconsin independent agents appointed with J.M. Wilson. Pusateri has …

Texas Law Change Would Allow Reappraisals After Disaster

Hundreds of property owners whose homes and businesses were damaged by the earth-rattling fertilizer plant explosion that devastated the town of West in April may catch a break on their property taxes under recently approved legislation. A bill awaiting Gov. …

4 Insurance Companies Interested in Arkansas Exchange

Four insurance companies plan to sell their policies to more than 500,000 Arkansas residents through an online marketplace created under the federal health care law, the state Insurance Department announced. The department said four companies sent letters by the June …

EPIC Adds Cotugna in Southern California

Edgewood Partners Insurance Center added Joe Cotugna as a property/casualty insurance producer in its Inland Empire Division in Southern California. Cotugna’s responsibilities at EPIC will include the acquisition of new clients as well as the design, placement and management of …

Actor Jim Carrey’s Biz Has WC Coverage, NYS Workers’ Comp Board Says

Actor Jim Carrey was reportedly accused of failing to buy workers’ compensation insurance for his New York-based art studio business — but it appears it is just a case of a clerical error.Hollywood news site TMZ.com reported this week that …

SullivanCurtisMonroe, CMTA to Launch Environmental Risk Management Program

SullivanCurtisMonroe (SCM) has formed a partnership with the California Manufacturers & Technology Association (CMTA) to launch the Environmental Risk Management (ERM) program. The ERM Program helps CMTA members manage the environmental risks facing their business through the use of ERM …

AIG, General Motors to Be Added to S&P 100

S&P Dow Jones Indices says it will soon add two well-known U.S. companies to the S&P 100.Automaker General Motors Co. will replace H. J. Heinz Co. in the S&P 100 and 500 indices on Thursday. The ketchup maker’s acquisition by …

R.I. GOP Chair: Default on 38 Studios Bonds, Insurers Will Pay Bondholders

Rhode Island’s Republican Party chairman has joined the call for the state to default on the money it owes for its failed investment in former Red Sox pitcher Curt Schilling’s bankrupt video game company. Mark Smiley said Tuesday that taxpayers …

Small Towns in Missouri Prepare as Flood Moves South

Volunteers were busy stacking sandbags in the tiny Missouri town of Dutchtown on June 3 as the rain-swollen Mississippi River threatened to send water into about a third of the town’s homes and make another nearby town an island. Heavy …

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