How is it that a certificate of insurance — that seemingly simple, straightforward and most innocent of documents — can be so complex? The certificate of insurance acknowledges the writing and existence of an insurance policy. It should accurately reflect …
For the ninth consecutive year, MJ Insurance, a property/casualty and employee benefits agency headquartered in Indianapolis, Ind., has earned “Best Practices Agency” status from the Independent Insurance Agents & Brokers of America (IIABA). This year concludes the current three-year study …
Insurance Journal is once again searching for the best independent insurance agencies in the United States to work for and we hope you will consider nominating your agency today. You must be a current employee of the agency you are …
In current practice insurance premium accounting is based on general ledger (GL) accounting. It is used by all agency management software applications: AMS, Applied Systems, etc., just to name a few. Developed more than 500 years ago, GL accounting has …
Things are looking better for the nation’s property/casualty independent insurance agencies. Organic growth for these agencies improved somewhat last year and their profitability held constant across most of the six revenue groups studied by the Independent Insurance Agents & Brokers …
There is much talk in every industry about Best Practices. So what are Best Practices? One definition says: Best practice is a management idea that asserts there is a technique, method, process, activity, incentive or reward that is more effective …
