February 9, 2004
The auto insurance market has come a long way since Travelers wrote the first third-party policy for Gilbert J. Loomis’s one-cylinder car in 1897. “I’ll never insure a gasoline can on wheels,” declared Insurance Company of North America President Charles …
February 9, 2004
Staying up-to-date on the latest national insurance news, trends and industry products is what puts today’s top agents and brokers in a league of their own. National conventions and seminars offer valuable opportunities to network with peers, locate new markets, …
February 9, 2004
Among all the things that an insurance agency owner or manager needs to pay attention to, employee productivity is often considered, but not properly addressed. This is curious because maximizing employee productivity has a direct impact on the bottom line. …
February 9, 2004
The ability to collect a broker fee is often all that stands between a brokerage remaining in business and the community losing another independent outlet for insurance coverage. For many years, there has been considerable debate over when an insurance …
February 9, 2004
Those who worry about outsiders taking over the insurance industry should be reassured when they witness not only Joseph Plumeri’s success but also his passion for the industry. Less than four years ago, Plumeri came to the industry from Citigroup …
February 9, 2004
A new study by the Property Casualty Insurers Association of America (PCI) revealed a 15-27 percent savings for Colorado motorists under the state’s new tort-based automobile insurance system. The PCI, in conjunction with the Rocky Mountain Insurance Information Association (RMIIA) …
February 9, 2004
A recent national survey by Mayfield Village, Ohio-based vehicle insurer Progressive, found that new car owners know much more about the features of their vehicle than they do about the insurance that protects it, themselves and others. The company found …
February 9, 2004
The information provided below was taken from the 2002 Colorado Insurance Industry Statistical Report. All figures quoted are acquired from information filed by each company with the Colorado Division of Insurance, and the National Association of Insurance Commissioners. The total …
February 9, 2004
Each year, the industry hosts a plethora of meetings and conventions—ranging from half-day seminars to week-long events. We at Insurance Journal compiled a list of the most prominent meetings and conventions in the Western region. Perhaps we’re missing you’re favorite …
February 9, 2004
California workers’ compensation costs per claim in California continue to grow rapidly, increasing 15 percent from 2000 through 2001 (as of 2002) and are accelerating, according to a new study from the Cambridge, Mass.-based Workers’ Compensation Research Institute. California has …