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

Bad Economy Not Impacting Essential Insurance Coverages

Many Americans have taken steps to reduce personal insurance costs in response to the economic downturn, but a new industry study suggests that maintaining essential auto and homeowners coverage remains a priority for the most consumers. Twenty-eight percent of those …

Agents, Rate Your Regional Carriers in a New Insurance Journal Sponsored Survey

Channel Harvest Research and Insurance Journal have announced a major new study in the independent agency system that will probe agents’ attitudes toward carrier relationships and the insurance companies they represent – with a special focus on larger regional carriers, …

‘Red Flags’ to Watch For When Choosing an MGA Partner in a Bad — and Good — Economy or Market

In today’s tough economy and prolonged soft market, some insurance firms are likely to get into financial trouble. Smaller wholesalers and managing general agencies (MGA) may be at risk. Their ability to stay afloat with working capital could be a …

2009 Super Regional P/C Insurers™

The original criteria and objective definition for Super Regional P/C Insurers™ were established in the Feb. 12, 2007 issue of Insurance Journal. Prior to the establishment of an industry-wide definition, a number of property/casualty insurers had referred to themselves as …

How to Improve Productivity in a New Economy

Agencies Must Stop Money Wasting Financial Leaks The economy is in the tank and so is the stock market. Thousands are unemployed and many people do not know where to turn. No one is setting up charities for insurance agents …

‘Dress’ Your Insurance Business Communications for Success

From E-mail, to Phones to Letterhead, Image Conveys a Lot to Clients There is an old adage in the business world that says, “Dress for the job you want, not the job you have.” In other words, if you are …

Business Moves

Farmers, American International Group (AIG), 21st Century Insurance Co. Los Angeles-based the Farmers Insurance Group of Companies announced it will acquire American International Group’s (AIG’s) Personal Auto Group, which includes 21st Century Insurance Co. The acquisition price is $1.9 billion, …

Increase Traffic to Your Internet ‘Real Estate’

Enhance Your Agency’s Online Visibility Through Search Engine Optimization Nearly half of the United States — more than 163 million people — are using the Internet, according to a recent Nielsen poll. And they are using search engines to research …

Study: Employees Undermine Data Breach Prevention Strategies

Many employees disable the encryption solutions on their laptops, putting their employers at risk for data breaches, according to a study by Absolute Software Corp. and The Ponemon Institute. The study, “The Human Factor in Laptop Encryption: US Study,” examined …

Risk Factors for Technology Industry Changing with the Economy

Today’s technology leaders face challenging times in unprecedented circumstances. Many of the risk factors that topped the list of greatest concerns for tech companies — foreign competition, intellectual property infringement, development of new products and services and talent attraction and …