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Business Leaders Support Walker’s Proposals
Posted on February 19th, 2011 No commentsWisconsin business leaders support Gov. Scott Walker’s proposals to reduce state worker benefits, even if it means weakening bargaining rights for public trade unions in the process, the Milwaukee Journal Sentinel reported. The state’s biggest pro-business lobby, Wisconsin Manufacturers & Commerce, called Walker’s proposals “modest.” -
Manson Insurance Investigation Continues
Posted on January 10th, 2011 No commentsThe FBI is continuing to investigate former Manson Insurance executives for federal insurance embezzlement, mail fraud and bank fraud. No charges have been filed, but according to FBI records, suspects include former Manson Insurance owner David Scholfield and the agency’s former president, Tim Mathwich. River Valley Bank in Wausau bought Manson’s customer list in April 2009 and changed the name of the company in late 2010 to River Valley Insurance. Read the Wausau Daily Herald article. -
Fiserv Hires New EVP, COO
Posted on January 3rd, 2011 No commentsFiserv Inc. has hired Mark Ernst, a former CEO with H&R Block Inc. and private equity firm Bellevue Capital, to the new position of executive vice president and chief operating officer, The Business Journal reported. -
Wealth Management Companies Merge
Posted on December 22nd, 2010 No commentsSVA Wealth Management Inc. and SVA Trust Company LLC, both of Madison, will merge with Wisconsin Capital Management LLC and Plumb Trust Company to form SVA Plumb Financial LLC. The combined company of about 430 employees will be based in SVA’s current offices at 1221 John Q. Hammons Drive in Madison, according to the Small Business Times. -
Accounting Firm Announces Acquisition
Posted on October 29th, 2010 No commentsClifton Gunderson LLP has acquired a Rockford, Ill., accounting firm, its fifth acquisition since May. The acquisition of Farrell & Associates, a practice that includes three partners and 15 employees, gives the Milwaukee-based public accounting firm a new market in northern Illinois, the Milwaukee Journal Sentinel reported.
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Bar Puts Former Bank Vault to Use
Posted on October 28th, 2010 No commentsThe Vault, a new bar in Rockland, Wis., has something no other area tavern can boast: a honest-to-goodness bank vault filled with beer. The new establishment gets its name from the fact it occupies the building vacated last spring by the River Bank, the Coulee News reported. Befitting a former bank building, The Vault also will have a drive-through window where people can pick up beer or food orders. -
Insurer Settles Claims Over Annuity Sales
Posted on July 28th, 2010 No commentsChicago-based Bankers Life and Casualty Co. will forfeit $1.5 million and offer a restitution program to 5,700 Wisconsin residents — most of them seniors — to settle an investigation into alleged unsuitable annuity sales and do-not-call list and home solicitation violations, the Milwaukee Journal Sentinel reported. -
Catholic Financial Life to Introduce New Benefits
Posted on June 30th, 2010 No commentsThe board of the merged Catholic Knights/Catholic Family Life Insurance has chosen Catholic Financial Life as the new name of the Milwaukee fraternal benefits organization. Catholic Financial Life said it will announce a new portfolio of insurance and financial products and enhanced member benefits this fall, according to The Business Journal of Milwaukee.
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Menards Looking at In-Store Banks
Posted on June 29th, 2010 No commentsThe Eau Claire-based operator of the Menards home improvement chain has signed an agreement with IBT Enterprises of Atlanta through which IBT will identify potential bank or retail partners to co-locate within Menards stores, The Business Journal of Milwaukee reported. -
Northwestern Mutual Names New CEO
Posted on May 29th, 2010 No comments“I view my emergence as the new CEO as just another chapter in the same book,” said John E. Schlifske, who officially was elected last week to succeed Edward J. Zore as chief executive of Northwestern Mutual Life Insurance Co. on July 1, according to the Milwaukee Journal Sentinel.