Wisconsin News

Feds: Wisconsin Insurance Agent Ran $10M Ponzi Scheme

The U.S. Securities and Exchange Commission is alleging a Watertown, Wis., insurance agent ran a $10 million Ponzi scheme out of his agency, ISC Inc. The SEC filed a securities fraud lawsuit against 69-year-old Loren Holzhueter and one of his …

Pro Athletes Durant, Watt to Endorse Wisconsin-Based American Family Insurance

Oklahoma Thunder forward Kevin Durant and Houston Texans defensive lineman J.J. Watt have signed endorsement deals with Madison, Wisconsin-based American Family Insurance, the company said. Durant, the NBA’s most valuable player last season, is the first NBA player American Family …

FBI Case Log: The Stolen Stradivarius

When a 300-year-old Stradivarius violin valued at more than $5 million was stolen from Milwaukee Symphony Orchestra concertmaster Frank Almond last year, investigators initially believed the theft may have been the work of sophisticated art thieves. The truth turned out …

SECURA Promotes Mongarella to Director-Risk Management in Wisconsin

Appleton, Wis.-based SECURA Insurance promoted Dominick Mongarella to director–risk management, effective Jan. 14, 2015. Mongarella will lead the company’s risk management team and is responsible for enhancing risk management services, and leveraging the knowledge and strengths of his team to …

Bucher Named Partner at Wisconsin-Based HNI Risk Services

HNI, a non-traditional risk management firm based in New Berlin, Wis., announced that Matt Bucher has been named a partner in the firm. Bucher is a relationship manager at HNI. In his current role, Bucher drives sales of insurance, benefits …

MGIC Hires Former Wisconsin Regulator Dilweg as Sr. VP – Government Relations

Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation, has hired former Wisconsin Insurance Commissioner Sean Dilweg as senior vice president – government relations. In his newly created position, Dilweg will lead MGIC’s Washington, D.C., government relations …

Most Popular Insurance Journal Midwest Stories of 2014

The most popular InsuranceJournal.com news stories in the Midwest ranged from groundbreaking lawsuits to research into making people safer from storms. With an understanding that stories appearing later in the year have less time to rise to the top of …

IICF Midwest Awards $545K in Grants to Local Non-Profits

The Insurance Industry Charitable Foundation’s (IICF) Midwest Division announced it is awarding $545,000 in community grants to local non-profit organizations in Illinois, Michigan, Nebraska, Ohio and Wisconsin for 2015. Grants range in contribution from $10,000 to $50,000 and support 29 …

Zepnick Named Upper Midwest Region VP for Liberty Mutual Business Insurance

Timothy Zepnick has been appointed regional vice president for business insurance in Liberty Mutual Insurance’s upper Midwest region. Zepnick will be based in Waukesha, Wis., and is responsible for the profitable growth of business in the six state territory that …

Drunk-Driving Deaths Down 47% Since 2003 in Wisconsin

Fewer Wisconsinites are being hurt or killed in drunken-driving accidents. The Wisconsin Department of Transportation says 185 people died in alcohol-related crashes last year — down 47 percent since 2003. Injuries from those crashes have dropped 59 percent in the …