March 12, 2007
Fairfax, Va.-based Public Entity Risk Institute (PERI), a nonprofit risk management training and educational organization, says that risk management operations within government entities have gained a heightened importance according to its survey on Cost of Risk, published last year. The …
March 12, 2007
Weighing the options on purchasing public officials’ and educators’ professional liability It’s an age-old insurance question, whether talking property, casualty, auto or professional liability. As a buyer, how much coverage can you afford to live without in order to get …
March 12, 2007
Most Americans are not prepared to deal with the possibility of becoming disabled and, in turn, unable to work, according to new research by the National Association of Insurance Commissioners (NAIC). More than half (56 percent) of U.S. adults say …
March 12, 2007
Advocates say the coverage still vital to national security and a long-term solution is needed Insurance industry advocates urged Congress yet again to continue with a federal government role in terrorism risk insurance and to examine long-term solutions before the …
March 12, 2007
Former agent and technology guru provides tips on working the Web Technology expert Steve Anderson of The Anderson Network Inc., a licensed independent agent for the last 25 years, began his presentation to the Independent Insurance Agents of Texas conference …
March 12, 2007
More independent insurance agencies gave salary increases in 2006 than in 2005, but still nearly half of all agency salaries nationwide stayed right where they were compared to 2005. On the other hand, producer commission rates in 2006 soared above …
March 12, 2007
How much do independent agencies rely on contingency income and could they survive without it? Debate continues in the insurance industry regarding the future of contingent income. Any drastic changes in the current compensation structure would have far-reaching effects throughout …
March 12, 2007
The CPCU Society and American Institute for CPCU/Insurance Institute of America designate March as “Ethics Awareness Month.” Some people have a hard time defining ethics but ethics are really principles, right? I think we often get caught up in the …
March 12, 2007
Wedding Insurance Nuts & Bolts: Travelers recently announced the launch of the Wedding Protector Plan, which provides coverage, with no deductible, for a variety of unfortunate occurrences associated with a wedding event. For example, coverage is provided if a hurricane …
March 12, 2007
But workers’ comp insurers are nervous that cost savings promised by the reforms’ supporters may not materialize New York Governor Eliot Spitzer and legislative leaders have reached an agreement to reform the state’s workers’ compensation system that has the backing …