Monthly Archives: <span>May 2007</span>

CSFI Report Finds Regulatory Burdens Top List of Industry Concerns

“Too much regulation” tops the list of industry concerns according to a recent survey compiled by the Centre for the Study of Financial Innovation (CSFI) in association with PricewaterhouseCoopers LLP. The “Banana Skins” survey has analyzed the banking industry’s main …

Farm Bureaus Begin Process of Rebuilding in Greensburg, Kan.

Farm Bureau Mutual Insurance Co., Kansas Farm Bureau and Kiowa County Farm Bureau are teaming together to rebuild the office they share in Greensburg. Ground was broken today for a new building that will include extra space the Kiowa County …

Marshall Joins Iroquois Group as Md.-Va.-D.C. Regional Manager

The Iroquois Group reported that Erin M. Marshall has joined Iroquois as a regional manager to serve member agents in Maryland, Virginia and the District of Columbia. Marshall has almost 20 years experience in property and casualty insurance in the …

Earthquake Rumbles Southeast Okla.

A small earthquake and two aftershocks rumbled parts of Pittsburg County, Okla., on Sunday, May 27, the Oklahoma Geological Survey reported. The earthquake happened about 4 p.m. and measured 3.2 on the Richter scale, said Jim Lawson, chief geophysicist at …

Oesterreicher Joins HCC Board of Directors

HCC Insurance Holdings Inc., headquartered in Houston, announced that James E. Oesterreicher was elected to the company’s Board of Directors.. Oesterreicher is the retired chairman of the Board of J.C. Penney Company Inc., having served as chairman of the Board …

Author of Tenn. Malpractice Bill Now Relieved It Didn’t Pass

A Tennessee state representative who helped shepherd a bipartisan effort to limit frivolous medical malpractice lawsuits said he was glad the measure did not pass. House Judiciary Committee Chairman Rob Briley, D-Nashville, said supporters of the medical malpractice bill exaggerated …

National Cat Fund Gains Congressional Support … But Is It Enough?

Unlike Florida’s Capitol in Tallahassee, where lawmakers have taken a number of actions to address the state’s insurance crisis with arguable results, solutions at the federal level have been hard to come by. Not long after Hurricane Andrew smashed through …

Fla. Court Says Hospitals Not Responsible for Docs Without Insurance

Hospitals cannot be held liable in medical malpractice cases for failing to ensure doctors with staff privileges meet state financial responsibility requirements through insurance or other means, the Florida Supreme Court has ruled. The unanimous ruling disapproved of decisions by …

Greenberg: TRIA Necessary But National Disaster Insurance Plan Isn’t

Exclusive Video Interview Greenberg Interview, Take 5: Product Innovation; TRIA; Cat Plan The nation needs the federal government to backup the private terrorism insurance market but does not need similar government involvement in insurance covering natural catastrophes, according to a …

Kaufman Financial/Burns & Wilcox Realign Senior Managment Team

H.W. Kaufman Financial Group/Burns & Wilcox Chairman, President and CEO Alan Jay Kaufman recently announced the realignment of the company’s senior management team. “My goal for Kaufman Financial Group’s Burns & Wilcox brand is to be a leading force in …