New Trend Poses Threat In Subrogation Trials. Effective January 1, 2022, Arizona will become the first state to eliminate the use of peremptory challenges in jury selection in both criminal and civil trials—including the trial of subrogation cases. It isn’t news to the insurance industry that many (if not most) people harbor certain resentments against insurance companies. If … [Read more...] about Arizona Eliminates Peremptory Challenges
Regulatory
AIRROC Person of the Year 2021: Glen Mulready
Innovation distinguishes between a leader and a follower – Steve Jobs. AIRROC presented its annual Person of the Year Award for 2021 to Glen Mulready, the Commissioner of Insurance for the State of Oklahoma. His “work advocating for a new era of runoff opportunities in the United States has been unmatched.” Robert Redpath, Senior VP and Corporate Counsel, Enstar. His role in … [Read more...] about AIRROC Person of the Year 2021: Glen Mulready
Congratulations to Oumou Tounkara, 2021 Trish Getty Scholarship Recipient
AIRROC in conjunction with the NextGen Task Force is excited to present the Trish Getty Scholarship to Oumou Tounkara. While the scholarship had significant interest from the many students aspiring to enter the insurance industry, Oumou stood out for her excellent academic performance, leadership and involvement in numerous extracurriculars. Oumou is a senior at Saint … [Read more...] about Congratulations to Oumou Tounkara, 2021 Trish Getty Scholarship Recipient
A Bright Time for Legacy
The education portion of AIRROC’s Fall 2021 Legacy Transactions & Networking Forum kicked off with a lively panel discussion on the current state of the legacy space, highlighting the large number of successful recent deals, the forces that drive transaction supply and demand, and the challenges that lie ahead. Titled “A Bright Time for Legacy,” the discussion was … [Read more...] about A Bright Time for Legacy
IBT’s and Divisions – News and Noteworthy Developments
One of the highlights of the 2021 Legacy Transactions & Networking Forum hosted by AIRROC was the presentation by industry leaders and experts on the current legal and regulatory landscape affecting the Insurance Business Transfer (“IBT”) and Division space. Jonathan Bank, Of Counsel, Locke Lord LLP, chaired the panel of state regulators, stakeholders, and experienced … [Read more...] about IBT’s and Divisions – News and Noteworthy Developments