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

Local Fire Chiefs Depend on Neighboring Stations for Assistance

Property/casualty insurance agents should be aware that firefighters face significant challenges today, according to a survey commissioned by Insurance Services Office Ltd. (ISO). Most U.S. fire departments call on neighboring communities to help them fight fires, and the most significant …

Certificates of Insurance and Agency Liability: What Agents Should Know

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 underwriting departments, …

Business Moves

Sun Belt, Higginbotham & Associates Sun Belt Insurance & Associates Inc., a Waco, Texas-based commercial and personal insurance and group benefits brokerage firm, and Ft. Worth, Texas-based Higginbotham & Associates Inc., a national insurance and financial services firm, joined forces. …

People

Linda Timmons has been promoted to director of communications for the Independent Insurance Agents of Texas (IIAT). In this position, Timmons will manage the organization’s internal and external communications, publications and Web site. She previously served as communications manager for …

1 in 4 About one in four Oklahoma drivers is uninsured, the fourth-worst rate in the nation, according to the Insurance Research Council, which studied data from 2007. The study found 24 percent of drivers in Oklahoma were uninsured. Only …

Start-Up Stories: How New Agencies Are Competing

A Crop of Newly-Formed Agencies Is Defying the Hard Economy and Soft Market The independent insurance agency system is enjoying a resurgence. For years, the number of agencies in the country had been declining but that trend, while not reversed, …

Systematic Sales Strategy Should Be Priority No. 2 for Agency Managers

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 …

Declarations

The Job Engine “Small businesses are the job engine of this state. This increased exemption encourages the spirit of entrepreneurship and will help create new and better paying jobs for Texans.” —Texas State Representative Brandon Creighton. Creighton, who represents part …

Cautiously Optimistic

A recent development may have agents feeling cautiously optimistic that they will have an opportunity go after a larger slice of the mid-sized business pie as Boston-based Liberty Mutual Group shuttles direct distribution of property/casualty products to mid-sized companies in …

Swimming Downstream: How a Regional Insurer Buy Others Through Demutualization

Donegal Group’s Strategy Has Helped It Grow From Writing in 1 State to 19 in 20 Years Even in a good economy, mutual insurers face challenges trying to raise the capital they need to grow since they don’t have any …