John Norwood is one of California’s best known legislative advocates for the insurance and financial services sectors.
Norwood, principal of Norwood Associates, has garnered recognition for his political work dating back to the early 1980s, including political battles to amend the state’s insurance rate regulations, and reforming insurance agents and brokers licensing laws.
His client list is lengthy. Among his long list of clients, Norwood represents IBA West, California Wholesalers Association, Liberty Mutual Group, Pacific Life Insurance Co., The Surplus Line Association of California and Zenith Insurance Co.
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 California, Norwood said. (Listen to the full podcast of Norwood’s interview).
Consumer Watchdog
It looks like there could be two competing initiatives on California’s November ballot that will impact Proposition 103. One offers portable persistency. And the other is backed by a consumer group and addresses health care, but it also addresses auto insurance.
The consumer group working to put an initiative on the ballot is Santa Monica, Calif.-based Consumer Watchdog.
The group filed the Insurance
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