Tuesday, November 20, 2007

Ken R. Butler's Risk Consulting Motivation

Mr. Butler started his career as an independent insurance agent in 1977. In 1982 he joined a large insurance company. The denial of several claims for longtime cleints became a turning point for Mr. Butler. He realized there was an inherent conflict of interest in trying to be the advocate for the client and also receiving compensation from an insurance company. He became a student of the insurance industry, earning his Chartered Property and Casualty Underwriter designation in 1987 and the Associate in Risk Management designation in 1989. Mr. Butler also terminated his employment with the insurance company and joined Crain Langner & Co. in 1987, one of the country's oldest risk management consulting firms. Crain Langner & Co. has exclusively served the interests of the insurance buyer since 1939.

In 2007 Mr. Butler formed Legacy Risk Solutions, LLC. LRS is dedicated to providing risk management consulting services to Family Offices and family business interests.

Mr. Butler has a passion for the fair treatment of the insurance consumer. He offered strong opinions about the unfairness of the post Katrina loss adjustments, arguing that the flooding should be covered by homeowners insurance, whether or not the buyer purchased flood insurance.

Mr. Butler has served as an expert witness in claim dispute actions against insurance companies. To date, the cases have either been settled in favor of the consumer or the award was made by the courts, favorable to the buyer of insurance.

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