Mr. Jorge Cacho-Sousa discusses with Insurance Journal’s Mitch Dunford the history of Mexican insurance in the United States, and how MexiPass has been able to work with Mexican carriers to develop Mexican insurance policies in an American format. Jorge also discusses some of the unique risks associated with traveling and/or doing business in Mexico. Agents currently writing or contemplating writing Mexican insurance should watch this video.
John Norwood, principal of Norwood & Associates, has a career in political work dating back to the early 1980s, and he’s one of the state’s best known lobbyists in the insurance and financial services sectors. Norwood talked about workers’ compensation, and other legislation and regulation matters that the insurance industry will face in 2012, including [...]
John, principal of Norwood & Associates, has been an lobbyist for insurance and financial services sectors across several decades. Norwood offered a focused looking at the all-important workers’ compensation issue, and he gave his thoughts on health insurance exchanges. In fact, Norwood forecast that 2012 will rank as an important one when it comes to [...]
John Norwood is one of California’s best known legislative advocates for the insurance and financial services sectors. Norwood spoke to the Insurance Journal about legislation and regulation, including a proposal by a consumer advocacy group that would establish prior approval for healthcare insurance and would make major changes to auto insurance and homeowners insurance in [...]
This year the Entrepreneurial Insurance Alliance (EIA), sponsored by MarketScout, named Vertafore and Risk Metrics, as winners of it 2011 Entrepreneurial Award in technology. Vertafore’s WorkSmart and Risk Metrics’ Insurance 360 technology products received recognition from the EIA as being some of the industry’s most innovative concepts in technology. Each year, the EIA receives hundreds [...]
Retail and wholesale brokers face the challenge —and opportunity— of redefining their relationships and value proposition in today’s changing insurance distribution world, according to Glenn Hargrove, president, MarketScout Wholesale, Dallas, Tex. In this interview from the recent Western Insurance Agents Association’s Insurance Industry Roundtable in California, Hargrove outlines the value proposition of agents and brokers [...]
The medical liability market continues to perform well even as the nation struggles to implement health care reform. Robert Allen, senior vice presidents at Torus Insurance, says many health care institutions are implementing new strategies to be successful in today’s health care reform world. In this interview with Insurance Journal’s Andrea Ortega-Wells from the annual [...]
The man who started MarketScout is on the lookout for innovators and innovations in the insurance industry. Richard Kerr recently hosted more than 400 entrepreneurs and innovative thinkers and the people who want to support them at his MarketScout Entrepreneurial Insurance Symposium in Dallas. Among the highlights: the announcing of the 11 finalists in the [...]
The Nonadmitted and Reinsurance Reform Act, or NRRA, was supported by the surplus lines insurance industry. When it goes into effect in July 2011 it will require surplus lines premiums to be paid only to the insured’s home state. States such as Texas with a large surplus lines marketplace will seek to protect their portion [...]
Crowd control, stage collapse, food safety – these are concerns facing carriers that insure summer festivals. In a recent interview with Claims Journal, Paul Holehouse, senior risk‑control consultant for Fireman’s Fund Entertainment, and Jerid Schmickle, director of underwriting, discussed the carrier’s behind the scenes preparation for the recent 2011 Lollapalooza concert in Chicago, Ill.