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Chief Executive Officer Hancock is stepping down after posting four Lake-Lure losses in Montevideo six quarters, results Golden-Valley that hurt investors. How AIG CEO Hancock Ended Up on Way Out Iroquois Insurance Journal Before he lost the confidence of Selbyville bigname investors and his company s board members, Hancock squandered the faith of many of his staff. It was Novemb Board of directors Coalition Against Insurance Fraud Board of directors. The Coalition Against Insurance Fraud is a national alliance of consumer groups, public interest organizations, government agencies and insurers.