Monthly Archives: <span>November 2008</span>

Less Than Stellar

The economy has been less than stellar lately. Well, duh! You might say. As this edition of Insurance Journal goes to press, it is days before Thanksgiving, a time to reflect and give thanks for the bounty of life. On …

Don’t Just Translate It

Why Advertising for Hispanic Consumers Should be Written in Spanish Don’t bring Anglo assumptions to the media planning and buying process. Your new advertising campaign is so successful, you’ve decided to communicate to your Hispanic customers. Great idea. After all, …

Declarations

A Lawsuit-Driven System “Our lawsuit-driven system provides little benefit to injured workers and devours financial resources that would otherwise be used to grow our economy and create new jobs.” —Oklahoma State Rep. Mark McCullough says he plans a renewed push …

Agents ‘Putting Back the Pieces’ After Brooke

Brooke Group Declares Bankruptcy, Faces More Lawsuits Technically, Brooke Franchise owes me $7 million, but who knows if I will ever see it,” says Roger Cunningham, former Brooke franchisee and agent/owner of RKC Financial in the Dallas/Fort Worth Texas, area. …

It Figures

$90 Million Louisiana Citizens Property Insurance Corporation had paid out $90 million in claims from the 2008 Hurricanes Gustav and Ike, as of mid-November. The company had about 53,000 claims from the two storms; the majority came from Gustav, which …

Insurance Dollars an Electoral Force in South Central States

Congressional candidates from the South Central states of Arkansas, Louisiana, Oklahoma and Texas pulled in big donations from a variety of insurance industry interests in 2008, according to the Center for Responsive Politics, a nonpartisan independent research group that tracks …

Peter Lauve, of Abilene, Texas, has been named president of Texas-based Insurors Group. As Insurors Group president, Lauve, also a partner with CBS Insurance located in Abilene, will lead a network of Texas agents that recently was ranked as the …

Wanted: Agencies Focusing on Hispanic Market

Texas on the List of States for Agency Acquisitions by Consolidators Behind Confie Seguros The brains behind the insurance agency consolidation firm Confie Seguros say they are well-positioned to meet their goal of a $300 million revenue company focused on …

How Valuing Diversity Can Boost Sales

Federal and state laws make discrimination in the workplace illegal and to comply many companies have developed their own diversity policies. However, having a policy does not always mean a favorable diversity climate. “Being a pro-diversity organization is more than …

TWIA Rates to Rise

Commercial and residential rates for policies written through the Texas Windstorm Insurance Association (TWIA) will rise in February when rate increases approved by the Texas Department of Insurance (TDI) go into effect. Texas Insurance Commissioner Mike Geeslin approved rate increases …