SDBJ SPECIAL REPORTS
Valorie Seyfert is president, CEO and co-founder of CUSO Financial Services LP and Sorrento Pacific Financial LLC. She has more than 25 years of experience in the securities industry and is a recognized expert on the structure and strategy of successful investment services programs in banks and credit unions.
MEDICINE: Insurance Coverage Often a Missing Link in New Treatment
Telemedicine — a trend in health care that many agree has the potential to improve care and reduce costs — faces a significant problem: Very few health plans cover it. Of those that do, it’s complicated and restrictive.
INSURANCE: ACA, Demographics, Agent Training Among Issues
The San Diego Business Journal asked five local insurance providers what they see as the greatest challenge during the next five years:
Byron Johnston is president of Teague Insurance Agency Inc. in La Mesa. Established in 1954, Teague is one of the largest San Diego insurance agencies with a focus on property and casualty insurance.
INSURANCE: Survey Indicates Employers Are Committed to Coverage
Intercare Insurance Solutions has released the results of its third annual San Diego Benefit Survey. Intercare, a subsidiary of Chicago-based brokerage Hub International Ltd., surveyed 114 San Diego companies in 15 industries that ranged in size from six to 23,152 employees.
BIOTECH: Companies Make Move From OTC To Big Stock Exchanges
Organovo Inc. has become a poster child for the penny stocks. The San Diego biotech recently traded up from the over-the-counter market and is now listed on the New York Stock Exchange.
Michael “Mick” Farrell is CEO of ResMed, a global leader in respiratory medicine, including sleep apnea, chronic obstructive pulmonary disease and cardiorespiratory disease.
BANKS: Consolidation Comes as Smaller Banks Struggle to Compete
More community banks were eliminated from the local and national banking landscape, driven by a sluggish economic recovery causing weak loan demand, and higher costs related to regulatory compliance.
Ernesto M. Arredondo Jr., is area president of Wells Fargo & Co.’s San Diego community bank. A 14-year financial services veteran, Arredondo is responsible for $4 billion in deposits, and oversees a team of more than 6oo employees and 41 banking locations.
DEFENSE: Support in Congress Should Be a Boost for UAV Programs
The U.S. Congress believes the Defense Department should continue to invest in unmanned aircraft, budget documents show.
Northrop Grumman Aerospace Systems is one of four sectors within Northrop Grumman Corp. The sector develops, integrates and produces manned and unmanned aircraft, space systems and advanced technologies, which have a critical role in national security. Northrop Grumman’s other business sectors are electronic systems, information systems and technical services.
Efrain Ibarra Jr. is the program manager and binational affairs liaison of the South County Economic Development Council, an organization that represents about 350 businesses.