When selling non-standard auto insurance, do you know how to retain your clients or are you driving away the business? There are a number of factors that affect retention, including: Finance method and payment; Underwriting and documentation; Service — communication …
Points and clicks have the insurance industry moving faster than it ever has before. But just imagine being able to go online to receive competing rates for an account from multiple carriers just once. There’s no need to log onto …
As they face pressure to do more with less, nonprofit organizations are increasingly modeling some of their fundraising, employment practices and marketing of services after for-profit businesses. According to a recent study, this has risks for charitable, social service and …
A group of agents recently won a round in a Texas court in their fight to have documents released. Deemed “trade secrets” by American National Property & Casualty Co., they were made available to the public through the Travis County …
Over the years, many a vexed property/casualty insurance company chief executive has joked about his firm being a nonprofit, blaming pricing regulation, market cycles, high loss ratios, low investment income or some combination of these forces for erasing any net …
A law eliminating the surplus lines bond that Texas surplus agents formerly had to carry became effective Jan. 1, 2006, the Surplus Lines Stamping Office of Texas (SLSOT) has reported. The Texas Legislature in 2005 passed Senate Bill 1564, which …
Supporters of federal legislation to create a $140 billion trust fund for victims of asbestos exposure won a critical victory earlier this month when the bill was approved to go the full Senate for debate later this session. Had that …
Editor’s note: This is the fourth in a continuing series of articles offering “best practices” suggestions for the hiring process including training in the independent agency. More information is available at iiat.org under Agency Management. Although it’s often true the …
Aon Risk Services of Oklahoma welcomed Don Horner to its staff as vice president, Health & Welfare Practice leader. He will be responsible for new business production, management of the Tulsa office’s Health & Welfare clients, expansion of product lines …
Enhanced Partial Loss Settlement Nuts & Bolts: National Lloyds Insurance Company and American Summit Insurance Company have a new enhanced partial loss endorsement for the HO-8 homeowners form. It provides replacement cost coverage on partial losses to the dwelling. Coverage …
