Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Closer Look: Producer Liability
Feb 19 2006 // Keeping up with increasing liability as clients expand Property/casualty insurance agents and brokers are being exposed to more lawsuits as they move into unfamiliar products, states and technologies, and as their own...
Editor’s Note: Real-time has come
Feb 19 2006 // Prompt adoption by agencies of the technology is important because the companies and vendors are closely monitoring agency usage in deciding whether to invest in it further. Imagine going online to receive competing rates...
People
Feb 19 2006 // United America Indemnity Ltd.’s board of directors has selected Joseph F. Morris as its president. The company will also consolidate its two U.S. insurance subsidiaries, United National Group and Penn-America Group,...
Young agent tricks and treats
Feb 19 2006 // Like many of you, I started my insurance career with an empty desk and a phone. Over the years I have learned some tips or ‘tricks’ I have used effectively to generate sales. Cold calling was the first lesson I...
CPCU speaker describes what to watch out for with Certificates of Insurance
Feb 19 2006 // Certificates of Insurance: The Second Most Dangerous Piece of Paper,” including specifics about various insurance contract terms and provisions, and what to do and not to do with certificates of insurance were...
Young agent tricks and treats
Feb 19 2006 // Any activity done ouside the office is always better than doing something in the office. Like many of you, I started my insurance career with an empty desk and a phone. Over the years I have learned some tips or...
Louisiana’s Robert Wooley: Leaving office, not the industry
Feb 19 2006 // Louisiana Insurance Commissioner Robert Wooley announced he would step down as commissioner Feb. 15, 2006, leaving the office he has held since 2000. Although he is returning to the private sector, Wooley indicated he...
Editor’s Note: Time for real-time has come
Feb 19 2006 // Prompt adoption by agencies of the technology is important because the companies and vendors are closely monitoring agency usage in deciding whether to invest in it further. Imagine going online to receive competing rates...
Often overlooked, accurate insurance-to-value should be a priority
Feb 19 2006 // There often are not many incentives for agents and brokers to calculate accurate property and business interruption values. When underwriting for commercial properties, insurers need to obtain accurate insurance-to-value...
News Currents
Feb 19 2006 // Agents allege red-lining by ANPAC in Texas court case 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...
Closer Look: Nonprofits
Feb 19 2006 // 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...
Richard Robin
Feb 19 2006 // People Encino, Calif.-based NAS Insurance Services has appointed Richard Robin president. He will be responsible for overall operations, including underwriting, marketing and administration. Ed Robin will continue to serve...
Outsourcing
Feb 19 2006 // Outsourcing often receives a bad rap, with large corporations using it to reduce staff count, bureaucracy and overhead. However, for small- and medium-sized insurance agencies, outsourcing can be a valuable, even critical,...
Nonprofits
Feb 19 2006 // Over the years, many a vexed property casualty insurance company executive has joked about his firm being a nonprofit, blaming pricing regulation, market cycles, high loss ratios, low investment income or some combination...
Editor’s Note: Prompt adoption by agencies of thetechnology is important because the
Feb 19 2006 // companies and vendors are closely monitoring agency usage in deciding whether to invest in it further. Points and clicks have the insurance industry moving faster than it ever has before. But just imagine being able to go...
Often overlooked, accurate insurance-to-value should be priority
Feb 19 2006 // Inadequate ITV is not just a problem for the insurance industry – it also can be detrimental to policyholders. When underwriting for commercial properties, insurers need to obtain accurate insurance-to-value (ITV)...
If you really want to upset your clients, don’t allow them to finish expressing their thoughts by cutting their communic
Feb 19 2006 // How to keep your non-standard auto clients 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,...
Broker acquisitions remain active; stock prices drop slightly
Feb 19 2006 // Stock Prices: After four straight months of gains in the brokerage sector, stock prices fell 1 percent during the December/January period. This is particularly notable since the sector traded up 6 percent in...
What E&S brokers pay
Feb 19 2006 // More than three-quarters (77%) of wholesalers and brokers said that firm salaries increased in 2005 compared to 2004. Nearly half (49%) of all E&S firms ansering Insurance Journal’s survey reported paying their...
Growing Your Property Casualty Agency
Feb 19 2006 // Hiring a relative as an agency producer Hiring a relative can be a terrific or a terrible move. Unfortunately, it isn’t always easy working with your relatives, day after day. Personal and professional problems...
