July 7, 2008
How Risk Managers Measure a Broker’s Performance Today’s risk managers need more than just a good broker. They need the best broker. Solid relationships between a broker and a risk manager matter but they aren’t everything, according to Melissa Miller-Bowman, …
July 7, 2008
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. International Energy Package Market Detail: MarketScout provides a market for clients needing coverage for foreign …
July 7, 2008
A Glimpse into Japan’s Property and Casualty Market The Japanese property and casualty insurance market is ripe for opportunities, but there also are significant risks in the country, according to Keiji Fukasawa of Finrex Japan and Rie Hidaka of Swiss …
July 7, 2008
Lighting has ignited thousands of fires in Northern California in the past month, burning more than 400,000 acres and threatening more than 10,000 buildings across the region. Among the largest fire still burning is the Basin Complex fire in Los …
July 7, 2008
Hint: Learn Before You Go The ancient expression “When in Rome, do as the Romans do” is used to warn friends and colleagues to respect and adapt to the culture of places that they visit. In the insurance industry, that …
July 7, 2008
Price at the Gas Pump Spurring Assembly Bill, DOI Regulation California’s Department of Insurance as well as state legislators are considering bringing pay-as-you-drive automobile insurance to the state, a system in which automobile insurance premiums would more accurately reflect how …
July 7, 2008
Strategies From ‘Best Practices’ Agencies Searching for ways to survive and thrive in the soft market cycle? Cultivate untapped customer markets; proactively service renewals; use technology for efficient agency management; and assertively seek referrals. Those are tips offered by principals …
July 7, 2008
British Citizen Sentenced for Fraud California Insurance Commissioner Steve Poizner announced that a state Department of Insurance investigation led to the prosecution and sentencing of a Carmel, Calif., resident for grand theft, forgery, tax evasion and transacting insurance without a …
July 7, 2008
Thinking Strategically Can Lead to Insurance Sales Success Want to be a better insurance agent or broker? Then consider your strategy. Today’s sales professionals must be at the top of their game to win sales through competitive advantages. Successful sales …
July 7, 2008
The Importance of Understanding Flood Zones “I don’t need flood insurance.” “I’m not in a ‘flood zone.’” Or, “I don’t need flood insurance because my mortgage company said I don’t need it.” Those statements are made more often than any …