OSC Compliance Bulletin: Government Shutdown – Impact on the NFIP

Three weeks into the ongoing U.S. Government shutdown, time continues to slip away – and consequences keep growing. Lenders and bankers must understand the vital facts, asking the right questions about how this shutdown really affects the industry. Joseph Posavec, EVP of Tellum Advisory, provides in-depth analysis on the impact the government shutdown has on the National Flood Insurance Program (NFIP), while also answering the timely questions that should be on every banker and lender’s mind. This bulletin is provided by Tellum Advisory, a consulting service for the lending and banking sector, also operating under the Steamboat Group banner. Tellum specializes in three key sectors—Insurance Review, Data Services, and Commercial Credit Underwriting—each designed to maximize performance and mitigate risk for lenders, banks, and servicers. The Tellum team, led by Joe Posavec, are available to support OSC/SUI customers with their ongoing compliance needs. Look for additional compliance news, articles, alerts — and more! — from Tellum in the coming months. View the newsletter PDF below.
Michael Randall and Don Curtis Representing OSC at MBA’s Annual Convention & Expo 2025

The OSC team will attend this year’s will attend this year’s Mortgage Bankers Association (MBA) Annual Convention and Expo October 19-22, 2025, in Las Vegas, Nevada! Michael Randall, EVP of Business Development and Client Services, and Don Curtis, SVP of Business Development, will represent OSC at the event. Planning on attending the convention? We’re excited to connect, collaborate, and share insights with you to help set your business up for success and protect your assets. Take a few minutes to see how OSC can help and set up a meeting with Michael or Don by reaching out to them directly. Known as the nation’s largest annual gathering of real estate professionals, the three-day expo will feature industry insiders, breakout sessions on industry hot topics, and plenty of networking opportunities. We are looking forward to seeing everyone at this year’s National MBA!
OSC Leadership to Attend 25th Annual TMPAA Summit

Members of the OSC leadership team are excited to attend the Target Markets Program Administrators Association (TMPAA) 25th Annual Summit on October 20-22, 2025, in Scottsdale, Arizona! OSC President Keith Gilroy and EVP José Perez de Corcho will be joined by Steamboat Group CEO Angel Cruz at the summit. The team will be conducting important meetings with existing and prospective carrier partners. If you have any questions or proposed meetings for the team, please reach out to them directly. Held at the Westin Kierland Resort, this year’s event celebrates a quarter-century of program business excellence uniting program administrators, carriers, and service providers for one exciting summit.
Steamboat Group Welcomes Matthew Maddox as Chief Technology Officer

Steamboat Group, the holding company for several leading insurance brands, is pleased to announce that award-winning technology leader Matthew W. Maddox has joined the team as Chief Technology and Product Officer. Maddox will oversee infrastructure, systems, and security, along with internal and external support services. He is charged with collaborating closely with leadership across multiple companies, internal departments, external vendors, and customers to execute strategic initiatives. Maddox has managed teams at various executive levels over the past two decades, including as Chief Information Officer and VP of Technology and Product. He has served on many industry advisory boards and held leadership and mentorship roles across the state of Georgia, including serving as an advisory board member for the Insurance Technology Association. Maddox’s goal for his new role at Steamboat Group is to ensure technology consistently delivers meaningful value by elevating daily operational activities into strategic refinement, competitive positioning, and innovative product development. “We are thrilled to have Matthew join the Steamboat Group family in such an integral leadership role,” said CEO Angel Cruz. “His vast experience and expertise will help bring the already exceptional IrisX tracking system and RiskSecure platforms to new levels for our clients.” IrisX is a proprietary cloud-based tracking system that provides secure, streamlined tracking of insurance within a portfolio and applies complex business rules to report or act upon this information in a compliant manner. Lending institutions, mortgage servicers, and REO and property investors gain critical insurance tracking, robust search and reporting, and consumer-compliant communications through the system. The RiskSecure policy issuance platform allows agents and brokers to login and directly manage their own important information on their own, including payments and document review. Maddox will provide oversight as our team works to optimize the RiskSecure platform for even greater efficiency. Maddox can be reached at mmaddox@SteamboatIS.com. About Steamboat Group:Steamboat Group is the parent company of several insurance related brands focused on financial institutions, property investors, and member associations. Its four best-in-class divisions include OSC Insurance Services, Southeastern Underwriters, Target Markets Program Administrators Association, and Insurance Networks Alliance. For nearly 15 years, the company has built a reputation for delivering strategic solutions, insights, perspectives, and support that help agents, businesses, financial, and carrier partners protect and grow their institutions. Team members are experienced in critical infrastructure, technology, and compliance practices.
Steamboat Group Celebrates Ebieri Oghene-Ruemu as New Compliance Specialist

Steamboat Group is excited to announce Ebieri Oghene-Ruemu has joined the team as Compliance Specialist! In this role, Ebieri is responsible for processing, handling, reporting, and requesting payment for transactions regarding surplus lines taxes. Her main objective is ensuring surplus lines taxes are filed in compliance with state requirements. She previously worked for OSC, Steamboat Group’s best-in-class insurance brand. “I’m pleased to have Ebieri join our team after she spent a number of years in our OSC Operations unit, continuing her quest to expand her insurance knowledge,” said Kirk Stephens, CRCM, Chief Compliance Officer. Congratulations on your new role, Ebieri!
OSC Welcomes Tasha Jackson as Senior Implementation Consultant

OSC is happy to announce that Tasha Jackson, a veteran in the force-placed insurance industry, has joined the OSC team as Senior Implementation Consultant! In this leadership role, Tasha manages the implementation process for large projects, writes technical user manuals, and may take on additional responsibilities for driving an initiative to completion. Tasha has over two decades of industry experience, as well as vast knowledge of databases and data files, which make her an excellent fit for her new role. She brings a consistent history of leading client onboarding, system integration, and implementation process, including managing the entire implementation workflow while aligning client needs with customized solutions. “We’re excited to welcome Tasha to the team,” said Courtney Loquasto, SVP of Business Performance at OSC. “She joins us with a decade of Implementation experience behind her, bringing valuable expertise and industry knowledge. Welcome aboard, Tasha!” She most recently spent a decade working as an Implementation Coordinator and Sr. Client Relationship Manager for a financial services company in Texas. She earned her Bachelor of Humanities in International Affairs with a Business Focus from Kennesaw State University. We are glad to have you as part of the team, Tasha!
Steamboat Group to Attend 2025 MBA Compliance and Risk Management Conference

Chief Compliance Officer Kirk Stephens, CRCM, will attend the 2025 MBA Compliance and Risk Management Conference September 28-30 in Washington, D.C.! Joe Posavec will represent Tellum Advisory, the new consulting service for the lending and banking sector that offers clients specialized advisory support in risk management, regulatory compliance, safety and soundness. Tellum Advisory is a division of Steamboat Group. If you would like to set up a meeting with Kirk or Joe during the event, please reach out to them directly. They would love to share how Steamboat Group, Tellum Advisory, OSC, and SUI are leaders in regulatory compliance and how our services can help companies succeed in this area. This year’s event, held at the Grand Hyatt, gathers residential mortgage professionals nationwide for guidance on new government lending practices, regulatory compliance, risk management, credit risk analysis and mitigation, and much more. Decision-makers – including GSEs, government agency representatives, and regulators – will give attendees critical updates. Learn more about the event here. Our team is excited to join fellow industry professionals at this incredible event for compliance, risk management, and fraud prevention!
OSC Attending the 2025 National Private Lenders September Conference

OSC is looking forward to attending th 2025 National Private Lenders (NPLA) Conference September 28-30 in Scottsdale, Arizona! Vernon Southerland, SVP of Business Development, will represent OSC at the event. If you are attending and would like to set up a meeting to learn more about our RiskSecure Property Investor Insurance Program and the benefits of an API integration, please reach out to Vernon directly at vsoutherland@oscis.com. He would be thrilled to share the expertise OSC delivers to the private lending industry. Set in the Sonoran Desert, this three-day event for real estate professionals is the largest private lending conference in the United States. The agenda includes timely presentations from industry speakers representing all facets of the real estate industry, as well as plenty of excellent networking opportunities.
OSC’s Russell Hall Presenting at 2025 AFIB Fall Conference

Russell Hall, SVP of Business Development, will speak at the 2025 Association of Financial Insurance Brokers (AFIB) Fall Conference September 21-24 in Boston, Massachusetts! During his presentation “Lender-Placed Insurance – Why Community Bank Needs Are Different From Larger Banks,” Russell will share his knowledge and expertise about the community banking industry, as well as regional and national banks. Russell will represent both OSC and SUI at this year’s event held at the Lenox Hotel. Laura Beaty, VP of Sales & Clients Services at SUI, will also attend. If you would like to set up a meeting with one of the team members at the event, please reach out to them directly. AFIB is an influential and collaborative trade group focused on innovative insurance solutions for financial institutions, positive industry growth, and informed legislation involvement. OSC and SUI are excited to once again attend this exciting conference and its educational and networking opportunities!
José Perez de Corcho Representing OSC at WSIA 2025 Annual Marketplace

OSC’s José Perez de Corcho, EVP, is looking forward to the WSIA 2025 Annual Marketplace September 14-17, 2025, in San Diego, California! If you are attending and would like to meet with José, please reach out to him at jperez@oscis.com. The Annual Marketplace is known as the premier wholesale, specialty, and surplus lines industry event with over 8,000 expected attendees. The four-day marketplace, taking place across two large San Diego hotels, gives professionals the opportunity to learn critical updates about the industry while networking with peers through large gatherings and small business meetings.