Archive for insurance SmartBlogs
Alan Jay Kaufman is chairman, president and CEO of independent wholesale insurance brokerage Burns & Wilcox, as well as Kaufman Financial Group, its parent company. He recently answered SmartBrief’s questions about leadership, continuing education and other issues in insurance.
How would you describe your leadership style?
It is framed from a variety of experiences. I learned a great deal from my father, the late Herbert W.[…] Continue Reading »
Providing affordable health care has been a hot-button political issue for decades. Many Americans could not afford costs for regular checkups and other preventive health options because they didn’t have health insurance. The lack of insurance became increasingly critical as uninsured patients jammed emergency rooms and clinics. These facilities absorbed the extra cost of treatment, stretching already-strained budgets and increasing health insurance costs for others.[…] Continue Reading »
The Wall Street Journal says the money market industry “would be wise to work with” Securities and Exchange Commission officials on reporting floating values “before it suffers a worse fate” at the hands of Treasury Secretary Timothy Geithner and the Financial Stability Oversight Council.
High-frequency trading threatens markets with volatility, Roger Lowenstein writes in the The New York Times, arguing that such trades should face steep taxes and be considered “electronic errors” in some cases.[…] Continue Reading »
Matt Fisher posted a blog on Tumblr on Aug. 13 titled “My Sister Paid Progressive Insurance to Defend Her Killer in Court,” which went viral and began a firestorm of negative comments about the insurance company. Since the post, Progressive has had to offer a rebuttal, the scandal has inspired several popular memes, and the discussion has exploded on social media sites — eventually ending in Progressive feeling the heat and settling with the Fisher family.[…] Continue Reading »
The U.S. is on the right track with the Financial Accounting Standards Board’s expected-loss model, Tim Bush of Pensions and Investment Research Consultants writes in Financial News: “It is time for the [International Accounting Standards Board] to match the lead taken by the US and deliver accounting rules which help, not hinder, the accurate reflection of the recoverable amount of loans.[…] Continue Reading »
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