Looks like the carriers are really trying to stick it to the citizens. Boo hoo can’t make enough on premiums but I can syphon off money to buy stock in a failing bank!!!!!! Sounds all to familiar.
Well it was a foolish thing to do and Vernon knew his bank was failing. Now it looks like he is no longer a banker or an insurance carrier executive. While I think McCarty is a JackA55, this money needs to go back to policyholder surplus. It would have been nice if IJ had indicated that TOWER HILL has nothing to do with this and they are servicing center only.
JR I assume you write for Tower Hill and know what the quotes look like. These Hillcrest quotes have Tower Hill written all over them. If you don’t want to be accused of having something to do with it, choose your company a little bit better.
I am very familiar with Tower Hill, that is how I know the relationship they have. Tower Hill has nothing to do with the illegal siphoning of money from one entity to another. They simply process policies, and handle transactions for Hillcrest, which is a virtual company but with an subcontracted operations area. Look at the investors in Hillcrest and the board of directors
It wasn’t my point. Tower Hill puts their name on everything they touch. You don’t see ASI all over Ark Royal paper do you? When Olympus was being administered by St. James, you didn’t see St. James Insurance Group all over their paper did you?
Looks like the carriers are really trying to stick it to the citizens. Boo hoo can’t make enough on premiums but I can syphon off money to buy stock in a failing bank!!!!!! Sounds all to familiar.
Well it was a foolish thing to do and Vernon knew his bank was failing. Now it looks like he is no longer a banker or an insurance carrier executive. While I think McCarty is a JackA55, this money needs to go back to policyholder surplus. It would have been nice if IJ had indicated that TOWER HILL has nothing to do with this and they are servicing center only.
If memory serves me correctly, Sen. Jeff Atwater – CFO Candidate – was a President or VP of Riverside Bank. Hmmmmmmmm…..
Atwater was never involved with Riverside bank of the Gulfcoast. Maybe another bank but not this one.
JR I assume you write for Tower Hill and know what the quotes look like. These Hillcrest quotes have Tower Hill written all over them. If you don’t want to be accused of having something to do with it, choose your company a little bit better.
I am very familiar with Tower Hill, that is how I know the relationship they have. Tower Hill has nothing to do with the illegal siphoning of money from one entity to another. They simply process policies, and handle transactions for Hillcrest, which is a virtual company but with an subcontracted operations area. Look at the investors in Hillcrest and the board of directors
It wasn’t my point. Tower Hill puts their name on everything they touch. You don’t see ASI all over Ark Royal paper do you? When Olympus was being administered by St. James, you didn’t see St. James Insurance Group all over their paper did you?
Point well taken, noone knows who CSC or Macneill is.
thanks for the updates i use to have the reckoner to refer to the insurance index ,but i think this journal will be really helpful.