Markel Corp. Celebrates 75 Years
Staying in business for 75 years is no easy task. Tony Markel, chairman, president/CEO, and Paul Springman, executive vice president, both of Markel Corp., discuss the company’s history as a family-owned business and its growth to a company with more than $9 billion in total assets.
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Lobbyist Norwood Looks Ahead to 2012 in Legislature
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 [...]
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Norwood on Workers’ Comp
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 [...]
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Lobbyist Norwood Analyzes Consumer Watchdog Legislation
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 [...]
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Entrepreneurial Technologists
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 [...]
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How Insurance Distribution Is Changing
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 [...]
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Interesting Times in Medical Liability
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 [...]
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Lawyers Malpractice Claims on the Rise
The economy has taken its toll on all businesses today and law firms are no exception. Downsizing, changes in attorney specialties in order to compete on new business, and other cost cutting measures taken by law firms today may be leading to a rise in claims and lawsuits against firms, say Michele Wade, executive vice [...]
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Using Social Media as a Tool for Business
The ability to share information quickly and easily has made the growing craze over social media the perfect tool in making a business more accessible and convenient. At a recent claims conference in Las Vegas, Claims Journal Spoke with a few claims professionals about the useful ways in which social media is being used [...]
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Fraud Trends To Watch Out For
The National Insurance Crime Bureau estimates that approximately $20 billion is lost to insurance fraud every year. NICB Senior Special Agent Mike McKee talks about new fraud trends his agency has seen, in part as a result of the economic downturn.
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