Every day, agents and brokers use financial strength ratings of insurers in their business. A carrier’s ratings may affect an agent’s ability to place risks with that insurer, or the client’s willingness to be insured by a vulnerable carrier, given …
Ah, the Internet. Where would we be without it? Web sites and e-mail are pretty much essential ingredients for a successful business these days, especially for sales-oriented organizations. There are a myriad of ways agents can put their computers to …
While the insurance fraud crisis worsens and fraud perpetrators find new and innovative approaches to their illegal activities, the insurance industry needs to take a proactive stance to put a stop to the bleeding-or at least slow it down. In …
Nuts & Bolts: NAS Insurance Services is offering a program for abuse/molestation legal expense insurance. The program provides reimbursement to most religious, educational and service organizations for their legal expenses incurred defending suits alleging abuse or molestation of students, patients …
Nuts & Bolts: Rockwood Programs Inc. introduced a market for employment practices liability insurance for franchisees/affinity risks. The policy covers discrimination, harassment, both sexual and non-sexual, including hostile work environment and inappropriate employment conduct. The policy protects the franchisee/affinity owner, …
Nuts & Bolts: Safeco announced a new motorcycle coverage designed to compete in a market that’s growing steadily at an estimated 10 percent a year. The company said the average motorcycle owner is 38 years old with an annual median …
Revolutionary technology supporting agent-carrier collaboration is in widespread deployment. Known as Web Services, these technologies will play a critical role in determining the agent and carrier winners in tomorrow’s insurance market. For the past several years there has been a …
In this new Insurance Journal series we will spotlight agencies that have made a name for themselves in the industry in special or unique ways. Integra Financial Group does not operate as an insurance agency, but it grew out of …
I hate to be the one to bring it up, but …you know it’s coming. It’s lurking, ready to pounce. Not as bad as the 1970s or 1980s, or to the depths of the late 1990s or 2000, perhaps. But …
Texas Insurance Commissioner Jose Montemayor issued an emergency cease and desist order against an alleged unauthorized insurance scheme that may have cost apartment owners and condominium associations millions of dollars in premiums for bogus property and liability coverage. According to …
