In this hard economy coupled with the soft market, most agencies expect sales and revenues to go down. Even the best performers feel the downward trend in premiums. According to Juan Andrade, executive vice-president for sales and distribution at The …
University of South Carolina geographers have produced a map of natural-hazard mortality in the United States. The map, featured in the International Journal of Health Geographics, gives a county-level representation of the likelihood of dying as the result of natural …
A common practice by insurance carriers is to inform their agents that they should not send the company copies of certificates of insurance when they are issued. This is most likely the result of mail-flow issues with the carrier’s underwriting …
37,500 The number of number of independent agencies nationwide, according to the “2008 Future One Agency Universe Study,” sponsored by the Independent Insurance Agents and Brokers of America, Trusted Choice and several carriers. $10.3 Million Amount that should be saved …
The California Insurance Wholesalers Association awarded Hank Haldeman its recipient of the 2008 Industry Achievement Award. The award was given in appreciation of Haldeman’s outstanding dedication and hard work in promoting, defending, advocating and improving the Wholesale Insurance Industry in …
Crop of New Agencies Is Defying the Hard Economy and Soft Market The independent insurance agency system is enjoying a resurgence. For years, the number of agencies nationwide declined, but that trend has halted. There were 37,500 agencies in 2008 …
Change is coming to Washington and to the National Association of Insurance Commissioners, but hopefully it’s change that will protect the status quo when it comes to insurance regulation. Last spring, the editors at Insurance Journal took it upon ourselves …
Puts Faith in Independent Agents Liberty Mutual Group is throwing in the towel on direct distribution of insurance to middle market businesses. Because it couldn’t beat independent agents and brokers — who dominate sales in this segment — Liberty Mutual …
The Montana State Fund is bucking a proposal for more legislative oversight of its workers’ compensation insurance program. A state lawmaker says the state is on the hook for financial shortfalls at the quasi-private operation. Democratic Sen. Ron Erickson said …
But Selling More at Subsidized Premiums Could Sink Flood Program There are a number of communities across the country where more flood insurance policies should be sold given their populations and flood risk. They include dozens of counties that have …
