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

One young agent’s tricks of the trade to master cold calling

Like many of you, I started my insurance career with an empty desk and a phone. Over the years I have learned some tips or “tricks” I have used effectively to generate sales. Cold calling was the first lesson I …

If it’s broken, how to fix N.Y.’s homeowners market

While some believe government action may be necessary to keep New York’s homeowners insurance market from falling into a crisis, others note that the state’s public policy already incorporates a number of protections for consumers and private incentives. The biggest …

R.I. JURY FINDS LEAD

Three former makers of lead paint created a public nuisance that continues to poison Rhode Island children, a jury ruled in a verdict that could saddle the companies with millions in cleanup costs and embolden other states to sue, too. …

N.Y. tour boat owner claims he’s victim of insurance scam

Regulators in three states are investigating whether the owner of a tour boat that capsized on New York’s Lake George and killed 20 elderly tourists was the victim of an insurance scam. Texas, New York and Florida investigators are trying …

N.Y. homeowners market analysts disagree; how broken is it?

Assessing the condition of New York’s homeowners insurance market is easier said than done. It’s either strong, stable or fragile depending upon whether the analyst is an agent or an insurer. Also, Allstate Insurance Co.’s decision to limit its business …

Md. water taxi insurers sue Coast Guard

Insurers for the company that ran the water taxi that capsized in Baltimore’s Inner Harbor, killing five people, have sued the U.S. Coast Guard, claiming the military branch certified the taxi for too many passengers. The insurance companies allege that …

People and Places

Specialty broker Ames & Gough announced the election of Dan Knise as its new president and chief executive officer. Ames & Gough is an insurance broker and risk management consultant specializing in serving architects, engineers, law firms and managed care …

Farming shown more dangerous in Virginia than mining

Coal mining, logging, firefighting represent just a handful of the dozens of jobs that spring to mind when it comes to dangerous work. Farming isn’t often one of them. But data shows agriculture is outpacing mining as the most deadly …

Context: the missing ingredient in new hire training

Although it’s often true the more things change, the more they stay the same, there are some valuable insurance industry practices that have unfortunately faded over time. The move toward specialization and technological advancement with an eye toward speed and …

DEL. REGULATOR PLANS ONLINE SHOPPING SERVICE

Delaware Insurance Commissioner Matt Denn asked for additional staff to investigate complaints against insurance companies and agents as well as fund an Internet insurance rate comparison service that would be the only one of its kind in the country. Over …