Insurance Journal » Frank Keating http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Fri, 24 May 2013 22:09:03 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 North Dakota’s Pomeroy Says He’d Decline Insurance Lobbying Post http://www.insurancejournal.com/news/midwest/2010/02/01/107002.htm Sun, 31 Jan 2010 00:00:00 +0000 Dale Wetzel http://www.insurancejournal.com/?p=107002 North Dakota Rep. Earl Pomeroy, who has been mentioned as a potential president of a Washington organization that represents life insurance companies, said he would not accept the position. “If they offered me the job, I would decline. I am …

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]]> Former N.D. Regulator Possibly a Candidate to Lead Insurance Lobby http://www.insurancejournal.com/news/midwest/2010/01/19/106700.htm Mon, 18 Jan 2010 00:00:00 +0000 http://www.insurancejournal.com/?p=106700 U.S. Rep. Earl Pomeroy of North Dakota is not seeking the presidency of a Washington lobbying group for life insurers, a spokeswoman said, although an industry representative called the North Dakota Democrat a “natural” candidate for the job. The American …

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]]> Some Insurers Including Allstate Might Not Need Federal Funds http://www.insurancejournal.com/news/national/2009/05/18/100591.htm Sun, 17 May 2009 00:00:00 +0000 Lilla Zuil http://www.insurancejournal.com/?p=100591 Government approval for billions of dollars in taxpayer bailout funds for life insurers is dividing the industry into haves and have-nots, with Ameriprise Financial Incand possibly others rejecting the government’s helping hand. The sector’s finances have improved during months of …

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]]> Insurers Find Geithner Regulatory Plan Unclear on Federal Role http://www.insurancejournal.com/news/national/2009/03/27/99114.htm Thu, 26 Mar 2009 00:00:00 +0000 http://www.insurancejournal.com/?p=99114 The nation’s insurance industry found some things to like and not to like in Treasury Secretary Timothy Geithner’s proposed restructuring of financial services regulation. While Secretary Geithner said that any federal regulatory authority should not replace state regulation of insurance, …

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]]> Ace CEO Says Insurers Wrong to Seek Taypayer Funds http://www.insurancejournal.com/news/national/2008/10/30/95139.htm Wed, 29 Oct 2008 00:00:00 +0000 Lilla Zuill http://www.insurancejournal.com/?p=95139 Evan Greenberg, Ace Limited’s CEO, chided insurers asking to take part in a plan that could see government take stakes in ailing financial institutions, saying the motivation is not real need but access to “cheap capital.” “Taxpayers should be a …

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]]> Travelers, Chubb Protest U.S. Aid for Insurers; Life Insurers Welcome Help http://www.insurancejournal.com/news/national/2008/10/28/95068.htm Mon, 27 Oct 2008 00:00:00 +0000 http://www.insurancejournal.com/?p=95068 Property/casualty insurers Travelers Cos. Inc. and Chubb Corp. said they do not need federal financial assistance and chided other insurers pushing to be included in the $700 billion bailout. “Most companies in the P&C (property-casualty) industry are in a strong …

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]]> Governors Urged to Back OFC Legislation http://www.insurancejournal.com/news/national/2007/08/24/82996.htm Thu, 23 Aug 2007 00:00:00 +0000 http://www.insurancejournal.com/?p=82996 Two former governors urged the National Governors Association to back federal legislation that would implement an optional federal charter regulatory system in the insurance industry. “The success of the insurance industry, a major revenue producer for state governments, depends on …

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]]> Primary Elections Set for Commissioners, Treasurer in Okla. http://www.insurancejournal.com/news/southcentral/2006/07/17/70471.htm Sun, 16 Jul 2006 00:00:00 +0000 Tim Talley http://www.insurancejournal.com/?p=70471 Candidates hoping to challenge incumbents for three statewide offices in Oklahoma, including that of insurance commissioner, will face-off in primary elections on July 25. State Rep. Bill Case of Midwest City will meet Tahl Willard of Tulsa for the Republican …

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]]> NASD, Minn. Department of Commerce to Host Annuity Roundtable, May 5 http://www.insurancejournal.com/news/national/2006/03/23/66717.htm Wed, 22 Mar 2006 00:00:00 +0000 http://www.insurancejournal.com/?p=66717 NASD and the Minnesota Department of Commerce will co-host an Annuity Roundtable in Washington D.C. on Friday, May 5. Participants will include a cross section of federal and state regulators, securities firm and insurance company executives, and consumer groups. The …

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]]> Embezzlement Trial Begins for Former Oklahoma Commissioner http://www.insurancejournal.com/news/southcentral/2006/02/06/65064.htm Sun, 05 Feb 2006 00:00:00 +0000 Tim Talley http://www.insurancejournal.com/?p=65064 More than a year after he resigned amid allegations of corruption in office, former Oklahoma Insurance Commissioner Carroll Fisher will go to trial Feb. 6 on the first of five criminal cases against him. Jury selection is scheduled on an …

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]]> Kansas First State to Drop Age Restrictions on Life/Annuities Sales http://www.insurancejournal.com/news/midwest/2006/02/02/64995.htm Wed, 01 Feb 2006 00:00:00 +0000 http://www.insurancejournal.com/?p=64995 Insurance Commissioner Sandy Praeger has announced that Kansas is providing enhanced consumer protections by calling for an expansion of industry standards for the suitability of the sale of fixed and variable annuity products to include persons of all ages, not …

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]]> Okla. Gov. Listed as Witness in Trial of Former Commissioner http://www.insurancejournal.com/news/southcentral/2006/01/29/64736.htm Sat, 28 Jan 2006 00:00:00 +0000 http://www.insurancejournal.com/?p=64736 Oklahoma Gov. Brad Henry and former Gov. Frank Keating have been listed as defense witnesses for Carroll Fisher, the former state insurance commissioner, the Oklahoman and the Associated Press reported. Both have been critical of Fisher, who quit in 2004. …

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]]> Judge to Consider Change of Venue for Former Okla. Commissioner http://www.insurancejournal.com/news/southcentral/2005/11/23/62445.htm Tue, 22 Nov 2005 00:00:00 +0000 http://www.insurancejournal.com/?p=62445 An Oklahoma County judge has set a Dec. 19 hearing to decide whether former Insurance Commissioner Carroll Fisher’s pending trial should be moved out of the county, the Associated Press reported. District Judge Susan Caswell agreed to consider a change …

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]]> American College Slates Industry Summit Dec. 5 in Chicago http://www.insurancejournal.com/news/midwest/2005/11/07/61653.htm Sun, 06 Nov 2005 00:00:00 +0000 http://www.insurancejournal.com/?p=61653 A debate on state versus federal regulation of the insurance industry will highlight the American College Alumni Association’s Second Annual Industry Summit and Breakfast, set for Dec. 5 in Chicago. A panel of experts will discuss the proposed changes that …

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]]> Ethics Commission Issues Third Reprimand for Fisher http://www.insurancejournal.com/news/southcentral/2004/09/03/45527.htm Thu, 02 Sep 2004 00:00:00 +0000 http://www.insurancejournal.com/?p=45527 The Oklahoma Ethics Commission issued a public reprimand to Insurance Commissioner Carroll Fisher—the third time he has been rebuked for violating ethics rules. Fisher was reprimanded for using his office to solicit from New Star Corp. a custom desk valued …

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]]> Marshall Issues Statement on Oklahoma P/C Rate Board http://www.insurancejournal.com/news/southcentral/2002/11/04/24056.htm Sun, 03 Nov 2002 00:00:00 +0000 http://www.insurancejournal.com/?p=24056 The Oklahoma Department of Insurance released the following statement on the work of the DOI’s Property and Casualty Rate Board by John H. Marshall, a member of that board: “Respecting actual insurance premium rate increases or decreases requested, our basic …

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]]> Two Okla. Auto Bills Fail to Pass http://www.insurancejournal.com/news/midwest/2001/05/30/13441.htm Tue, 29 May 2001 00:00:00 +0000 http://www.insurancejournal.com/?p=13441 Two bills that would have increased the cost of auto insurance in Oklahoma died in the state House/Senate conference committees as the 2001 legislature adjourned on May 25. The National Association of Independent Insurers (NAII) strongly opposed both bills. SB …

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