CNA Motamed on Underwriting for Profit
While CNA saw an improvement in its investment income for the third quarter, as did other insurers, economists suggest that overall, the PC industry has to get accustomed to the idea of lower investment income for the foreseeable future. We asked Thomas Motamed, CNA Financial’s CEO and chairman, whether he thinks the industry is prepared to operate with lower investment results.
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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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Agency Technology with a Silver Lining: Cloud Computing
Cloud computing enables users to access software applications and records from any Internet enabled device—at home, in the office, on the road—anywhere. Adam Kotter is president of the Kotter Group, based near Atlanta, which specializes in cloud computing for independent insurance agencies. In this interview with Insurance Journal’s Andy Simpson, Kotter discusses the advantages of [...]
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Writing for the Marine Industry
Jim Oberg has been sailing most of his life, which has come in handy as owner of Douglas K. Smith Marine Insurance Inc. in San Diego, CA. In this episode of Watching the Risks, Jim talks about what it takes to write for such a niche market like the marine industry.
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Gridlock in a Divided Congress? Maybe Not.
The nation now has a divided Congress: Republicans control the House, Democrats control the Senate. For many, this is a recipe for gridlock. But Leigh Ann Pusey, president and CEO of the industry’s American Insurance Association, isn’t so sure. In this interview with Insurance Journal’s Andy Simpson, she predicts the Obama Administration and a divided [...]
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