Monthly Archives: <span>February 2009</span>

Time Management

10 Tricks of the Trade Time is the only resource we cannot recreate and we all have the same amount. How can you optimize your life by being “in control of time” rather than being “controlled by it?” Here are …

5 Business Owner Policy Gaps and Pitfalls Agents Should Watch Out For

Business owner policies, traditionally referred to simply as BOPs, were introduced in 1976 and significantly revised in 1987. The BOP evolved gradually since the 1987 revisions to include risk classification and sizes not contemplated in the original or revised editions …

Employee-Powered Excellence

With a Conservative View on Growth and Employees as Owners, J. Smith Lanier & Co. Has Risen to the Top Even in the Toughest Market Imaginable Insurance Journal Top 100 Agency Profile RANKING: No. 9 Agency Name: J. Smith Lanier …

Human Services Agencies Can Benefit from Agent Advice, Especially in Challenging Economic Times

Custom Coverages and Loss Control Can Help Non-Profits Survive While today’s economic environment presents some challenges for many companies large and small, independent agents who understand and embrace those challenges can help solve problems for their clients and even create …

New Markets

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. High-Value Homeowners’ Protection Market Detail: Irwin Siegel Agency Inc. brings agents access to AIG’s Private …

Insurers’ Stocks Down 14%; Middle Market Carriers Active in Intermediary Acquisitions

Stock Price: Commercial lines stocks mirrored those of major indices in 2008, trading down 14 percent. Mergers & Acquisitions: Middle market carriers continue to be major players in the acquisition market as they look to wholesalers and managing general agencies …

Pros and Cons of Running a Small Business Unit

Agencies Say SBUs Take Dedication, Technology But Offer Profitability Going for the big fish may bring in big returns but some agencies think having a strategic plan to go after all those little fish is just as important. Three of …

Study Shows Need for Standardizing Nursing Home Social Workers’ Credentials

Only Half of Nursing Homes Surveyed Employ Social Workers with Degrees in Social Work Social workers play a vital role in improving the quality of nursing home residents’ lives. But qualifications of nursing home social workers vary wildly in part …

How to Avoid Agency Errors and Omissions Claims

Advising Clients on Specific Dollar Values of Coverages They Need to Consider May Create Unnecessary Exposures There have been an increasing number of lawsuits brought against agents in situations where the client/policyholder does not have sufficient liability coverage limits to …

5 Risk Management Challenges for Public Entities in Today’s Economy

Local governments increased their commitment to risk management over the past decade, as they met the challenges posed by several major natural disaster and terrorism events. Better local government loss prevention, crisis management and risk communication resulted. We now face …