Retail Agents Weigh Wholesale Broker Cutbacks
Retail agents are re-evaluating their relationships with wholesalers and scaling back on the number they use, according to Chris Treanor, CEO and president of Mercator Risk Services. Treanor discusses this trend among retailers along with pricing and capacity in the year ahead at the 2006 National Association of Professional Surplus Lines Offices convention in Chicago.
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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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The Wisdom of Small Accounts
Go small or go home: That’s one way of surmising the business strategy of Earl O’Garro Jr., who is something of an anomaly in the wholesale insurance business. The 27-year-old CEO recently launched Hybrid Insurance Group, a new E&S brokerage in Connecticut with the goal of specializing in smaller accounts. His thought? It’s sounder and [...]
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Calif. Commissioner Poizner: Insurance Agent Advice Critical to Commissioner Position
Steve Poizner was California’s third elected insurance commissioner. Almost immediately upon assuming office, he ordered the development of the first ever, top-down review and strategic plan for the Golden State’s Department of Insurance. As he prepares to leave office, Commissioner Poizner discussed what accomplishments he’s most proud of, what areas he believes still need improvement, [...]
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Inside IMCA Interview with Biff Burns
Inside IMCA Interview with Biff Burns at the 2005 Annual Meeting Communcation Roundup
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