With so many areas of workers’ compensation out of the control of the policyholder, the experience rating modifier is the one area where an employer’s efforts can effectively impact premium cost. Experience rating is the interaction of claims management and …
The Independent Insurance Agents of Texas introduced new officers for the coming year at its 110th Annual Conference & Trade Show, held in early June in San Antonio. The IIAT also recognized the winners of its highest awards, the Drex …
Louisiana Workers’ Compensation Corp.(LWCC) hired David T. White as director of internal audit. White will be responsible for providing overall direction for the internal audit function. He was previously audit unit manager for General Reinsurance’s North America and Australia operations …
In the waning days of the 2007 session of the Texas Legis-lature, marked by a tumultuous, unsuccessful struggle to oust the current Speaker of the House of Representatives, windstorm insurance legislation that was almost universally supported by insurance agents and …
Many people along the Atlantic and Gulf Coasts still lack a hurricane survival plan and don’t feel vulnerable to storms, despite Katrina’s dramatic damage and pleas from emergency officials for residents to prepare before the season starts, according to a …
3 Million A new survey by Trusted Choice and the Independent Insurance Agents & Brokers of America found that nearly three million households have lost their homeowners coverage since 2003, and most homeowners have done nothing to structurally reinforce their …
Untrue and unfair “This policy statement implies that agents who are contracted with carriers cannot act on behalf of their clients. That is untrue and unfair. … The independent agent’s ability to build a profitable book of good clients gives …
Florida and Louisiana are hurricane-prone states with similar property insurance problems, but their governors are taking wildly different approaches to fixing the insurance headaches. Florida Gov. Charlie Crist, a Republican, has led that state’s push to increase government regulation of …
Springdale, Ark.-based Tyson Fresh Meats Inc. (www.tyson.com) on June 8 recalled more than 40,000 pounds of ground beef shipped to Wal-Mart stores in 12 states after samples tested at a Sherman, Texas, plant showed signs of E. coli contamination. No …
An education isn’t how much you have committed to memory, or even how much you know. It’s being able to differentiate between what you do know and what you don’t.– Anatole France (1844 – 1924) Apparently, when it comes to …
