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

Study: Agency Satisfaction Linked to Amount of Business Sent to Insurers

When it comes to an agency’s satisfaction with its personal lines insurance companies, commissions do not rank as tops. Nor do commissions rank second. In fact, out of six satisfaction factors, compensation from an insurer ranks dead last, according to …

An Awakened Washington Promises More Stress for Directors & Officers

Corporate Leaders Brace For Fallout From Heightened Regulation, Even Corrupt Foreign Practices Corporations and their directors and officers are living in fear. Fear of the next financial scandal, the next stock market plunge, the next lawsuit. Fear of bankruptcy. Fear …

What’s So Special About Special Event Insurance?

The pitfalls of not placing special-event coverage, when it’s truly needed and available, can result in catastrophic losses to your insured, and possibly even damage the credibility of your agency and errors and omissions coverage. You might think that an …

D&O Insurance for Early-Stage Venture-Backed Firms:

Carriers Scrutinizing More, But Hungry for Business Even for established companies with proven track records, the current directors and officers (D&O) insurance market is challenging. For early-stage companies, present underwriting practices for D&O insurance resemble (rather like the opening line …

Measurement of Success

Planning, People and Dedication Equal Success for Top 100 Agency Bollinger Insurance Top 100 Agency Profile Ranking No.: 14 Agency Name: Bollinger Insurance Inc. Headquarters: Short Hills, N.J. Year Founded: 1933 Additional Locations: Princeton, Moorestown, Vineland, N.J.; New York City, …

My 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. Child Welfare Organizations Market Detail: Markel Insurance Co. offers agents access to a program for …

Witch Hunt at AIG; While Lloyd’s Sees ‘Flight to Quality’

The witch hunt that has engulfed AIG needs to be toned down. If for no other reason than it’s making the problem worse, not better. It also reduces the likelihood that U.S. taxpayers will get back any of the money …

Don’t Let F.U.D. Extinguish Your Marketing Efforts

Overcome Fear, Uncertainty and Doubt in Agency Offices In a recession, it’s an easy decision to stop promoting your agency until the economy kicks back into gear. But is it the right one for your business? Marketing hibernation eliminates the …

Business Moves

AIG American International Group is taking down the most prominent sign at its downtown Manhattan offices. According to a Reuters report, a spokesman said the company had decided to replace the large AIG sign — outside the entrance to its …

California Construction Workers Chronically Uninsured

California construction workers are more likely than workers in any other industry statewide to be chronically uninsured, according to a Center on Policy Initiatives study. The California construction industry is expected to gain more new jobs from the federal stimulus …