All Agencies Can Benefit from a Paperless Environment Many independent insurance agents and brokers are used to the concept of “paperless processing” since most of the insurance companies they represent utilize imaging and content management technology. For these carriers, paperless …
High-tech charts and up-to-the-minute data meticulously track Hurricane Frances as employees run storm simulations that pop out specific damage estimates for certain zip codes. The office is not run by a federal disaster agency, it’s an extension of the Benfield …
Here are some questions agents should ask to determine territorial quality: When was the last time territorial definitions were changed? Not every individual territory needs to change every year, but state demographics are changing frequently enough that companies should be …
Inaccurate Territories and Assignments Hurt Consumers, Agents and Companies Territories offer tremendous opportunities for insurance companies to better segment their book of business, but private passenger auto and homeowners insurance companies, in general, are not using territories as effectively as …
High school and middle school students overwhelmingly say their parents are or will be the biggest influence on how they drive, but the practices many teens say they are emulating represent some of the most risky driving behaviors, according to …
It’s Not Just the Insurance Industry Using Credit Scores to Size-Up Customers Brenda Matthews thought she had a new job lined up at Johnson & Johnson headquarters in New Jersey. After applying online for a position as a patent specialist, …
Regardless of whether President George W. Bush is re-elected or John Kerry moves into the White House, the property/casualty insurance industry appears to have a good chance of getting its wishes when it comes to extending the federal Terrorism Risk …
Millions of dollars worth of building defect litigation is going on today, and water intrusion, which often causes mold to grow, is one of the major issues. Infrared (IR) thermography, the non-destructive diagnostic technology that allows one to detect moisture …
Authorities are seeking two men suspected of participating in a scam that used phony insurance certificates and fake contractor bonds to win bids on public works projects. Three other suspects have already been arrested following a one-year investigation by the …
Kerri Dunn, a Claremont McKenna College psychology professor from Redlands, Calif., was convicted of attempted insurance fraud for falsely reporting her car was vandalized while speaking about racial tolerance at a campus event, according to the Associated Press. Dunn reported …
