Monthly Archives: <span>March 2006</span>

New Markets

Medi-SpasNuts & Bolts: Medi-Spas facilities coverage, which includes laser hair removal, botox, microdermasion, etc., is now being offered by Arlington/Roe & Co. Call to inquire on specific state information. Dollars: $7,500 Generally From $1,000,000 to $3,000,000 Carrier: Arlington/Roe & Co. …

Producers School graduates stellar sellers

To an inexperienced agent, just learning the insurance industry’s ropes–and many acronyms–can be difficult; Forget about picking a niche or becoming an agency’s top seller too soon. Yet throughout the industry, there are many educational opportunities designed to do just …

Case Law Watch

Auto–LiabilitySullivan v Allstate Insurance Company (Ind. App. Feb. 10, 2006) Ruling: The estate of the driver fatally injured in a motor vehicle accident brought suit against passenger of offending vehicle, among others. The passenger’s automobile insurer brought a declaratory judgment …

People and Places

mw_12_people.xtg @5 (People Name):Mary Beth Fox Daniel O. Kennedy Rani Christie TITLE: People Mary Beth Fox has joined McAuley, Woods & Associates CIC, as a member of the company’s Business Development Team. Fox has more than 20 years of insurance …

AIA SUPPORTS A MODERNIZED INSURANCE REGULATORY SYSTEM THAT WOULD:

Provide uniform and efficient regulation. Empower consumers by enabling insurers to respond quickly and creatively to their needs. Allow the competitive marketplace to be the primary influence on rates and product design. Establish a national regulator focused mainly on insurer …

Insurance customers would benefit from updated insurance

Inarguably, the current state-based insurance regulatory system is a dysfunctional relic that has stifled property/casualty product creativity for years. This patchwork regulatory system is filled with wasteful inefficiency that is costly to individual states, insurance companies and consumers. It is …

Spitzer brought bad practices to light; a good thing, panelists say

That the investigation of New York Attorney General Eliot Spitzer into compensation practices of the nation’s insurance brokers and carriers brought to light the unethical behavior of some bad industry apples was a good thing, according to a panel of …

Agents’ meetings offer more then class credit

The Michigan Association of Insurance Agents met recently in Traverse City, Mich., and I was lucky enough to attend. Agents from all over the state participated in the three-day conclave which is astounding when you consider that people drove to …

Today’s mid-size services firms must look beyond their fathers’ E&O policy

e_58_todays_mid.xtg Owners of mid-size companies used to make relatively easy, straightforward decisions on what types of insurance to buy from their local agent. The owners would purchase property insurance for the buildings; liability for the autos, premises and products; and …

How agents can meet the affluents’ expectation of luxury

That the affluent expect a luxury experience sounds like a self-evident fact. But how many companies really know what defines a “luxury experience” for the affluent and how many companies can deliver that “luxury experience?” It used to be that …