Agency Tax Laws Shareholders Need to Know May 5, 2025 By Chris Burand I find that most agency owners who call me regarding having their agency valued or developing a producer vesting program...
Finding Alternatives April 7, 2025 By Chris Burand In recent months, the Wall Street Journal has published long articles regarding how expensive—to the point of not being affordable—homeowners...
I Don’t Need No Stinkin’ Insurance Agent March 10, 2025 By Chris Burand This is obviously a warped paraphrase of the famous line from “The Treasure of the Sierra Madre,” “Badges! I don’t...
Reviewing Historic Predictions February 24, 2025 By Chris Burand Back around 2013 (the copy I have is not dated, so I might be off a year), McKinsey & Company...
Reading the Fine Print to Avoid E&O Exposure November 18, 2024 By Chris Burand Just because a carrier’s form shows the policyholder has XYZ Coverage does not necessarily mean they have XYZ Coverage in...
Might the Realtor Ruling Affect Insurance Distribution? October 21, 2024 By Chris Burand The fairly recent ruling on how realtors are paid seems likely to dramatically alter real estate sales. I’m not in...
Strategic Planning September 16, 2024 By Chris Burand I don’t expect most insurance agencies to possess formal, in-depth strategies. Many are too small and focused on the next...
Sales Culture Versus Business Culture August 19, 2024 By Chris Burand Can an agency built by a true salesperson transform into a firm with a business culture? Not with a salesperson...
Agency E&O Lessons to Consider August 5, 2024 By Chris Burand I’m seeing more cases of carriers rescinding policies for application errors, fraud or outright lies (call it what you will)...
The Balance Sheet Is the Most Important Financial Statement June 17, 2024 By Chris Burand The balance sheet is preeminent in financial audits by its placement at the front of audit reports. The balance sheet...