Wisconsin News

Compass Specialty Risk Launched in Wisconsin

Compass Specialty Risk LLC, a new wholesale insurance broker and managing general agent has commenced national operations. The firm is headquartered in Middleton, Wis., with another office in Sacramento, Calif. Compass Specialty Risk is led by Michael R. Morman, who …

Wildfires Burn Buildings, Cause Evacuation in Central Wisconsin

Six buildings caught fire and 15 homes had to be evacuated as warm weather and dry conditions helped fuel wildfires in central Wisconsin. Catherine Koele, the wildfire prevention specialist for the state Department of Resources, says three houses and three …

SECURA’s Huiras to Retire, Wright Promoted to VP-Claims

Scott Huiras senior vice president–Claims at Appleton, Wis.-based SECURA Insurance is retiring August 2015 after 38 years of service. The company has promoted Larry Wright to vice president–Claims to take over leadership of its claims division upon Huiras’ retirement. Huiras …

Bird Flu ‘Catastrophe’ Growing in Midwest

Deadly bird flu swelled in the poultry industry in Minnesota and neighboring Wisconsin amid speculation that winds may be carrying virus particles into facilities housing turkeys and chickens. “This is a catastrophe for both the turkey and the egg industries,” …

Wisconsin Legislature Passes Ridesharing Bill

The Wisconsin Senate has approved a bill that would create statewide regulations on ridesharing companies such as Uber and Lyft. The legislation, which already passed the House, now goes to Gov. Scott Walker. The measure would prohibit any local ordinances governing …

Wisconsin Rideshare Bill Would Require $1M Commercial Coverage

Wisconsin lawmakers have introduced a bill that would impose statewide regulations on online ride-sharing companies such as Uber and Lyft. The measure would require companies to apply for a $5,000 state license and carry $1 million in commercial insurance for …

Wisconsin-Based SECURA Celebrates 115th Anniversary

SECURA Insurance, based in Appleton, Wis., is celebrating the fact that it has been in operation for 115 years as of March 2015. The company was founded by Julius Bubolz in the town of Cicero after a devastating windstorm struck a …

Lockton Adds Employee Benefits Leader Georgia in Milwaukee

Independent insurance broker, Lockton, announced it has added Patrick Georgia as senior vice president and employee benefits practice leader in Milwaukee, Wis. As part of Lockton-Milwaukee, Georgia will help clients by developing benefit programs to meet their needs and manage …

Ashley Furniture Wisconsin Plant Fined $1.76M for Worker Injuries

The U.S. Occupational Safety and Health Administration is fining Ashley Furniture Industries Inc. $1.76 million for worker injuries at its Arcadia, Wis., plant, the agency said. OSHA said the plant saw more than 1,000 work-related injuries in a 31/2-year period. …

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 …