Garamendi’s Crisis in Homeowners Coverage

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 [...]

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 [...]

In preparation for new surplus lines regulations, states are considering whether to join a surplus lines tax allocation compact to share surplus lines premium taxes. Recent activities have called into question whether large states are willing to participate in an allocation compact. But insurance regulatory attorney Richard Brown says it’s not important whether states join [...]

Kentucky Insurance Commissioner Sharon Clark believes that despite the recent government bail-out of AIG, insurance companies and consumers will weather the storm. Above all, Clark feels states should have final say in individual regulatory functions. In contrast, Clark says the insurance department’s fraud unit cooperates effectively with the federal government on investigative efforts through [...]