Bruce Heffner

Bruce Heffner is general counsel and managing member for Boomerang Recoveries. He is an attorney with substantial business experience in insurance and reinsurance, underwriting, claims, risk management, corporate management, auditing, administration and regulation.

Most Recent

The Problems With Blockchain, Big Data

Bruce Heffner

Both raise legal issues that could cause surprising consequences. So could the heavy emphasis on turning insurance into a commodity.

All Articles

Misunderstood Role of the Attorney

Bruce Heffner

Some insurance companies have extremely serious misunderstandings about the attorneys they hire.

Time to Revisit State-Based Regulation?

Bruce Heffner

This is not a question of which oversight is more appropriate, federal or state, but whether the status quo should be allowed to continue.

Mamas, Tell Your Kids to Sell Reinsurance

Bruce Heffner

A hair-weaving certificate requires 300 hours of training. An individual selling reinsurance needs zero education and faces zero testing.

The 13 Oddest Aspects of Reinsurance

Bruce Heffner

I have not figured out why reinsurance is not fully regulated, like insurance. Reinsurance needs to move into the 21st century.

A Dangerous Misunderstanding on the Reinsurance Broker's Role

Bruce Heffner

Many insurance companies act as if a reinsurance broker is a fiduciary working for them. This approach provides for a direct conflict of interest that the company ceding responsibility is often totally unaware of.|

Addressing Objections to a Second Look at a Reinsurance Recovery

Bruce Heffner

Insurance managers are not reinsurance recovery experts, and utilizing the services of independent reinsurance recovery experts should be thought of as no different than utilizing the services of legal or tax experts to maximize the financial position of the ceding company.|