Larger insurance agencies today are more likely than not to employ a director of risk management, a claim specialist and a loss control specialist, according to Business Management Group Inc.’s 2005-2006 Non-Producer Compensation & Benefits Survey. The survey found signs …
When you think of marketing your agency, what is the first thing that comes to your mind? Cold calling? Print ads? Direct sales letters delivered before ex dates? Maybe even a Yellow Pages ad? That is what is referred to …
How to make money instead of just being busy Being busy is never a chore for insurance agents and producers. Being productively busy is the challenge. During a consultancy that spans 25 years, I have had the privilege of visiting …
The insurance industry expressed its disappointment over the June 30 release of the Treasury Department’s report announcing its recommendation to oppose the renewal of the Terrorism Risk Insurance Act by Congress in its current form. TRIA is set to sunset …
Recently I attended the National Symposium on the Future of Terrorism Risk Insurance. The day-long symposium, which took place on the campus of the University of Southern California, featured experts from several different perspectives on terrorism insurance. Much of the …
The Texas Department of Insurance reported that Dallas County Assistant District Attorney, Kyson Johnson, has been on the job for only a few months but has made the most of that time. In first quarter of 2005, Johnson oversaw cases …
Oklahoma Insurance Commissioner Kim Holland ordered First Choice Healthcare to stop conducting unauthorized business involving insurance in Oklahoma. The order states that the company has violated state law by misleading consumers regarding health related discount cards. The action resulted from …
The owner of a Tulsa construction company will pay $20,000 in restitution after pleading guilty last week to workers’ compensation fraud, Attorney General Drew Edmondson said. William R. King, 41, was sentenced June 29 to a two-year deferred sentence and …
The Louisiana Workers’ Compensation Corporation for second year in a row declared a dividend and will return $15.8 million to qualifying policyholders this year. The company believes it to be the largest single dividend ever declared in the state of …
The Louisiana State Police announced the arrest of Sam Medica, age 42, of Alexandria, who is charged with LRS 14:67.16 Identity Theft (1 Count). Medica’s arrest follows a year-long investigation that began when insurance fraud detectives received a complaint from …
