Jim Smith to Headline 2016 Reinsurance Symposium

LAS VEGAS — Organizers of the annual Agent Summit have announced that SouthwestRe’s Jim Smith will deliver the keynote address at this year’s Reinsurance Symposium. The pre-show event will begin at 11:00 a.m. on Monday, May 9. “Jim Smith is among the reinsurance industry’s most prominent and knowledgeable figures,” said David Gesualdo, show chair and publisher of Agent ... Read More »

2016 Reinsurance Symposium Takes Shape

LAS VEGAS — Organizers of the annual Agent Summit have announced that the Reinsurance Symposium, which has become a fixture since it was first spun off into a pre-conference event in 2013, will return for a fourth consecutive year. Agent Summit will be held May 9–11, 2016, at the Venetian Palazzo in Las Vegas, with ... Read More »

Reinsurance and Loss Control

Bill Aimed at Texas Reinsurance Regulations to Become Law

HOUSTON — Effective September 1, Senate Bill 1093 will change the laws governing reinsurance, allowing Texas-based companies to compete on par with insurers nationwide. GSFSGroup officials said the company was instrumental in supporting the bill, working closely with Senator Brandon Creighton who authored the bill and its House of Representatives sponsor, Representative Kenneth Sheets. Identifying ... Read More »

Portfolio Announces New CFO and Treasurer

LAKE FOREST, Calif. – Portfolio, one of the nation’s leading reinsurance program managers for automotive dealers, has named Pam Hamilton Executive Vice-President & Treasurer and appointed Robert Dickey Executive Vice-President & Chief Financial Officer. Both positions report directly to the Chief Executive Officer. CEO Brent Griggs explains, “Because of our rapid and substantial growth, it has ... Read More »

Portfolio Expands into New California Headquarters

LAKE FOREST, Calif. — Reinsurance program management provider Portfolio has relocated its headquarters from Irvine, Calif., to a nearby 42,000 square foot building in the Palm Terrace office campus in Lake Forest. “In late 2013, we began the search for a new facility, and our efforts were accelerated last year as we experienced a 22% ... Read More »

Competitive Targets

President Once Again Takes Aim at Reinsurers

By: Gregory Arroyo For the sixth time, President Barack Obama is taking aim at reinsurers, including in his fiscal-year 2016 budget language that would end some of the tax benefits they enjoy. Market insiders, however, believe the administration’s latest attempt to tax foreign reinsurers will once again receive little support from members of Congress. In ... Read More »

Petrowski, Feldman to Lead Reinsurance Symposium

Session Highlights: Reinsurance – A Focus on Issues and Opportunities