Fran Semaya and Fred Pomerantz, members of the AIRROC Publication Committee, had the pleasure of interviewing Thomas E. Workman for an AIRROC Matters exclusive. Tom, with over four decades of insurance background, was appointed as the Independent Member of the Financial Stability Oversight Council (FSOC), for a term of six years on March 29, 2018 after nomination by President … [Read more...] about Interview of Thomas Workman
Interviews
A-Ok in OK
Carolyn Fahey and Francine Semaya recently had the pleasure of interviewing Oklahoma Insurance Department Commissioner John Doak and others in the Department. They talked about the Oklahoma Senate Bill 1101, known as the Insurance Business Transfer Act, that was signed by Governor Mary Fallin on May 7, 2018. This new law provides an efficient mechanism for insurance companies … [Read more...] about A-Ok in OK
Cue the Mediator: Hiring a Mediator to Save Costs in Superfund Cases
In almost 40 years of dealing with CERCLA liability claims, we have learned a thing or two. In November of last year, A.M. Best opined that environmental exposures were “97% funded” at $41 billion in reserves. This is good news compared to 2003, when A.M. Best viewed environmental losses as underfunded by 45% based on a projected ultimate loss of $56 billion. But then, as now, … [Read more...] about Cue the Mediator: Hiring a Mediator to Save Costs in Superfund Cases
Learning about Legacy: Interview with Ben Baker of IRLA and Carolyn Fahey of AIRROC
Legacy education and training is a growing market. Barbara Hadley of Iskaboo asked Ben Baker of IRLA and Carolyn Fahey of AIRROC how they define ‘training’ and ‘education’ in the context of their respective associations. ‘To the IRLA Academy, training and education go hand in hand depending on what needs to be achieved,’ says Baker. ‘Training is aimed at developing a new, or … [Read more...] about Learning about Legacy: Interview with Ben Baker of IRLA and Carolyn Fahey of AIRROC
Is Reg. 68 Good for the Industry? A Chat with Dwyer, Broccoli and Brennan
At the Commutation & Networking Forum in October, 2016, the authors sat down with Elizabeth Dwyer, Jack Broccoli and Christopher Brennan to talk about the Rhode Island statute. Ms. Dwyer is the Rhode Island Superintendent of Banking and Insurance in the Department of Business Regulation. Jack Broccoli is in the Rhode Island Department of Banking and Insurance and … [Read more...] about Is Reg. 68 Good for the Industry? A Chat with Dwyer, Broccoli and Brennan
Barb Murray Revealed: Multi-disciplined, Multi-skilled
When Barbara Murray sends you her “long form” resume, it depicts a career ranging from claims professional, to consultant, to claims executive, to consultant again with milestones and accomplishments to which we can’t begin to do justice in our Spotlight article. We can give you some flavor of what propels her enthusiasm for her work in the industry and in support of … [Read more...] about Barb Murray Revealed: Multi-disciplined, Multi-skilled
How to Win Friends and Influence Run-off Companies: J. Marcus Doran & Peter A. Scarpato
Peter Scarpato and Marcus Doran have been named new Vice-Chairs as a result of their work and commitment to the organization. We asked them to tell us why they have put so much energy and time into their work for the organization or, in other words, what was in it for them? Since you have dedicated a lot of time to AIRROC over the last 10+ years, tell me what you get out of … [Read more...] about How to Win Friends and Influence Run-off Companies: J. Marcus Doran & Peter A. Scarpato
The White Knight: Dick White — Proud and Principled
If you know Dick White from industry meetings or dealings with Integrity Insurance Company in Liquidation, you probably did not picture him wearing a biker jacket and cruising down Route 1 to Florida. Of course his jacket patch, rather than depicting an outlaw insignia, would probably include a reference to his favorite leadership book, the Bible. He says “Bible” is an … [Read more...] about The White Knight: Dick White — Proud and Principled
