The current state of the economy poses many challenges to the claims industry, but in order to grow, you must first learn how to adapt with the times. At a recent claims conference in Las Vegas, Claims Journal spoke with some of the claims professionals about the challenges they see facing their business.
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 [...]
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 [...]
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 [...]
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 [...]
Could the long soft market really be over? Several recent reports concluded it is not over. But now Virginia-based SNL Financial might be the first to conclude otherwise. SNL says fourth quarter reports show that the market is indeed hardening and it has the numbers from 2,500 carriers to prove it. Insurance Journal’s Andy Simpson [...]
Independent insurance agent Edward Kuhn of Liability Insurance Solutions and Professional Liability Solutions, with offices in Chicago and Charlotte, N.C., says physicians from various specialties are moving into the medi-spa and anti-aging field but everyone’s not going to make it. This transition from the traditional medical specialties to medi-spa specialties leaves doctors in need of [...]
“On Point, with Peter van Aartrijk and Rick Morgan” is an audio conversation with insurance industry leaders who champion change and challenge all of us to think.
In many respects this is a “feel good” story. Far to often the popular press is quick to criticize the insurance industry and paint our industry as the evil [...]