How Some Florida Property Insurers Manage to Succeed
About 50 Florida property insurers reported losses in 2009, even though there was no major storm. But that also means there were at least as many not losing money. What do they know, what are they doing, that the others aren’t? Insurance Journal’s Andy Simpson asked Kevin McCarty, insurance commissioner; James Graganella, president/CEO, Southern Fidelity and Capitol Preferred; and Jay Newman, chairman, one-year old Sawgrass Mutual for their thoughts on what makes some insurers more successful than others in the Sunshine State.
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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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MyNewMarkets.com Exchange Conference Connects Agents with Markets
The MyNewMarkets.com Exchange is an insurance “market fair” where agents and brokers who need markets are brought together with the MGAs, wholesalers and carriers who provide them. The intent of the Exchange is to help insurance agents obtain new markets for their customers at the event itself. Participating sponsors staff “trading desks” consisting of a [...]
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Insuring Coast Against Wind, Big Insurers
Resisting insurers’ urge to categorize his state as just another hurricane-prone region, Insurance
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Brokering the Hot Cyber Liability Market
With data breaches in the news, cyber liability insurance is gaining recognition. The market is expected to triple in size over the next few years. Brokers need to understand the risk and know what’s covered and what’s not under the various policies being offered, advises Graeme Newman, CFC Underwriting in this report from Insurance Journal’s [...]
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