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

U.S., JAPAN AGREE TO IMPROVE CONSUMER PRODUCT SAFETY

The United States and Japan have agreed on guidelines designed to improve the safety of consumer products in the two countries, the U.S. Consumer Product Safety Commission said. Under the agreement, the two countries will share information on product safety, …

Insurers urge Supreme Court to overturn 9th Circuit ruling on credit scoring

A national insurance trade group has filed an amicus brief urging the U.S.Supreme Court to overturn the cases of Safeco Insurance v. Burr and Geico General Insurance v. Edo, which said insurers acted in willful disregard of the law by …

4.4 million Mattel ‘Polly Pocket’ toys recalled after kids swallow magnets

A consumer research group called for warning labels on toys with magnets after more than 4 million Mattel play sets were recalled over injuries to several children who swallowed magnets that fell off. The Consumer Product Safety Commission, which announced …

Zurich agrees to terms to close multi-state bid-rigging probe

In separate but related move, N.Y., Conn., Ill. tell four insurers contingent commissions no longer an option Ten states, led by Texas and its Attorney General Greg Abbott, have come to terms with Zurich American, closing their probe into the …

Developing a sales and marketing plan, part 2

The first part of this two part series described the self-analysis of the agency’s book that must precede an effective sales and marketing plan. This is accomplished by reviewing each producer’s book for the type and size of accounts and …

Personality plus or minus in sales

How to use a producer’s unique personality traits in sales A necessary evil. That’s how some people might describe insurance. A producer’s job, of course, is to turn this kind of misguided, industry-swiping thinking around, and make the whole experience …

Best-in-class program writers

Today’s competitive specialty program marketplace requires attention to detail, including efficiency, professionalism and ethics. One way to stand out above the rest is to become a best-in-class program writer. Thomas Wilson Jr. and Gregory Katz of Wilson Elser Moskowitz Edelman …

More Punch for Programs

Today’s managing general agencies and carrier partners in the specialty program marketplace are enjoying profitable times while looking over their shoulders at new carriers and agents eager to enter the ring, according to industry insiders. The specialty market written through …

Five keys to captive success

The mid-1980s were not easy times for many agents and brokers. Markets were changing — or disappearing. Agents and brokers spent much time trying to find adequate coverage at relatively reasonable prices. But they weren’t always successful. Most property/casualty insurance …

People and Places

The van Aartrijk Group LLC, a Washington, D.C.-area marketing and communications firm, is augmenting its branding and public affairs capabilities with the promotion of one executive and addition of another, according to Peter van Aartrijk, chief executive officer. Maureen P. …