To determine the appropriate insurance for a commercial client, the first step is a thorough review of the property-protection standards, public and private, in each of the countries where that client has operations. A U.S. company has purchased a manufacturing …
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 …
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 …
News Currents Spurred by intensifying competition, breakthroughs in analytics are transforming insurance markets, according to an industry leader. Sophisticated insurers able to harness large volumes of high-quality data to drive decision making can look forward to a long and prosperous …
News Currents Ten states, led by Texas and its Attorney General Greg Abbott, have come to terms with Zurich American, closing their probe into the insurer’s involvement in alleged bid-rigging and unfair compensation practices in the commercial insurance market. The …
Whether you’re talking about road contractors or hospitals or agents and brokers, every organization has in-house expertise. And you want to use it. You need to bring members together to share best practices. The mid-1980s were not easy times for …
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 …
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, …
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 …
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 of purchasing insurance pleasant — or at least something that’s …
