Monthly Archives: <span>January 2005</span>

OKLA. AUTO RATE OVERRIDE’:

Oklahoma vehicle owners could combat a scheduled increase in auto insurance rates if a bill proposed by Rep. Jerry Shoemake (D-Morris) passes the Oklahoma Legislature. Shoemake wants to override a law going into effect April 1 that would increase rates …

COMP FRAUD LEADS TO FINES:

Austin-based Texas Mutual Insurance Company reported that Henry Prince of Houston has pleaded guilty to workers’ compensation fraud-related charges and must pay restitution to the insurer. The Travis County 147th District Court sentenced Prince to six months’ deferred adjudication and …

PREMIUM THEFT, PART TWO:

Louisiana Department of Insurance Fraud shuttered the business of a New Orleans producer on felony theft violations in the amount of $250,000. Department fraud investigators served Claire H. Garin, 42, former business address: 4421 Conlin St., Suite 101, Metairie, with …

STEALING PREMIUMS NOT ALLOWED:

Louisiana Insurance Commissioner Robert Wooley said Department of Insurance Fraud Unit investigators served a former insurance agency employee with a cease and desist order barring her from working in the insurance business in the state. Susan Poston, 27, of 603 …

Setting Yourself on Fire is not a Good Idea

People may think they’re being clever when they try to cheat insurance companies, but often they end up making mistakes that get them caught, injured and sometimes even killed. The Progressive group of insurance companies noted in a recent announcement …

Common Seminar Questions and Answers

Having produced seminars for many years, I’ve noticed there are a few common questions that people have. Here is my secret stash of seminar nuggets. Q: How many invitations do I need to send out in order to get an …

Insurance Marketing and Communications

How to produce client seminars that work. As we develop our marketing and communications plans for 2005, one of the most effective ways a broker can provide a customized service to its clients is by producing educational seminars on critical …

When Can You File a Declaratory Judgment Action’

It bears repeating that one of the thorniest issues that an insurance adjuster faces is deciding when to bring an affirmative declaratory judgment action. No carrier enjoys suing its insured. In my last column, I discussed several of the strategic …

IIAT’s Joe Vincent Seminar, Legislative Day Set for Jan. 30-Feb. 1

More than 400 of the state’s top independent agency principals and managers are expected to gather Jan. 30-Feb. 1, 2005 for Independent Insurance Agents of Texas’ 42nd Annual Joe Vincent Management Seminar and Big I Legislative Day at the Renaissance …

Reputation Management from the Inside Out

In the insurance industry today, reputation crises are a fact of life. Corporations don’t need to worry about what to do if a crisis occurs; they need to be prepared for when it occurs. A critical facet of that preparation …