Jordan News

Oklahoma Agent Fined $20,000

Oklahoma Insurance Commissioner Carroll Fisher announced that a Ponca City agent has agreed to pay a $20,000 fine, forfeit his license and pay claims from customers who thought they had insurance but did not. The agent, Mark Alan Jordan, is …

Agent Suspended in Oklahoma

Oklahoma Insurance Commissioner Carroll Fisher suspended the license of Ponca City insurance agent Mark Jordan, who is accused of several violations of the Oklahoma Insurance Code over a number of years. Under the order, Jordan will be prohibited from conducting …

Marsh Inc. To Acquire Saldana & Associates of Puerto Rico

Marsh Inc. announced that it has signed a letter of intent to acquire Saldana & Associates, the leading insurance broker in Puerto Rico and the Caribbean, “subject to the customary conditions.” The bulletin indicated that Saldana, established in 1972, is …

Marsh Pens Letter of Intent to Purchase Saldana & Associates

Marsh Inc. has signed a letter of intent to acquire Saldana & Associates, the leading insurance broker in Puerto Rico and the Caribbean. Saldana, currently a Marsh correspondent, was established in 1972. The company has a staff of 170 professionals, …

Alabama Names Insurance Panel

Alabama Insurance Commissioner David Parsons announced the establishment of a 13 member Insurance Liaison Committee composed of representatives of the insurance industry that do business in the state. “We felt it was important to establish lines of communication with the …

Who’s Who Across Texas, Local Associations at Work

Here’s what some of the local Big “I” chapters have been doing over the past year: AMARILLO President: Todd D. Gower Vice President: Ronnie Hudson Secretary-Treasurer: Steve Lapp Executive Secretary: Val Henneman The Amarillo chapter is currently providing college scholarships …

NY Judge Orders Prison for WTC Fraud

U.S. District Judge Mary Ann Vial Lemmon ordered Jihad Razzaq, a 35-year old illegal immigrant from Palestine, to serve 15 months in federal prison for making a false claim to the New York Life Insurance Co. that his wife had …

Zurich North America Launches New Product Recall Coverage

Zurich North America’s Excess & Surplus Group is offering a new coverage for expenses related to product recalls, the company announced yesterday. The product recall expense coverage is designed for small to mid-sized manufacturers, distributors and retailers of consumer, industrial …

AMS Users’ Group Hits the Right Key at Annual Conference

Three major forms of American music are deeply rooted in the rolling green landscape of Tennessee—blues, rock ‘n’ roll and, in the grand old city of Nashville, country. It’s no wonder then that the theme of the AMS Users’ Group …

FRANKEL ASSOCIATE PLEADS GUILTY

A Tennessee lawyer pleaded guilty in mid-March to conspiracy and money laundering in an insurance fraud scheme masterminded by Martin Frankel. Frankel allegedly purchased insurance companies in Tennessee, Mississippi, Arkansas, Oklahoma and Missouri under the umbrella of Thunor Trust. He …