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Roger A. Madigan is a Republican politician and former member of the Pennsylvania State Senate from the 23rd District. He represented the district from 1985 until his retirement in 2009. He represented 110th district of the Pennsylvania House of Representatives from 1976 to 1984. Madigan served as an insurance underwriter from 1964 to 1977 and as a dairy farmer from 1951 to 1964. He is currently a crop and tree farmer. Underwriting refers to the process that a large financial service provider (bank, insurer, investment house) uses to assess the eligibility of a customer to receive their…mehr

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Roger A. Madigan is a Republican politician and former member of the Pennsylvania State Senate from the 23rd District. He represented the district from 1985 until his retirement in 2009. He represented 110th district of the Pennsylvania House of Representatives from 1976 to 1984. Madigan served as an insurance underwriter from 1964 to 1977 and as a dairy farmer from 1951 to 1964. He is currently a crop and tree farmer. Underwriting refers to the process that a large financial service provider (bank, insurer, investment house) uses to assess the eligibility of a customer to receive their products (equity capital, insurance, mortgage, or credit). The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.