Monthly Archives: <span>September 2010</span>

6 Ways Agents Fail Their Workers’ Comp Customers

Like most agents, you work hard at writing new accounts, what salespeople through the years have referred to as “getting the fish in the boat.” But it doesn’t take a master angler to know that once you get the fish, …

I love the way my agency handles everything! That Lovin’ Feelin’ Everyone wants to feel the love. You work hard, always keeping the needs of your customers and employees in tight focus while building up your agency’s bottom line. And …

California Processes 15.5% Fewer Surplus Line Premiums

State To Increase Surplus Line Requirements The Surplus Line Association of California has processed $1.9 billion in premium for the first six months of 2010, a decrease of 15.5 percent compared to the same period in 2009. The total number …

Declarations

Interlinked Failures “A complex and interlinked series of mechanical failures, human judgments, engineering design, operational implementation and team interfaces came together to allow the initiation and escalation of the accident.” —A report issued by BP Plc failed to identify any …

It Figures

$100 Million The cost of property damage claims from Tropical Storm Hermine crept toward $100 million as of Sept. 10, 2010, three days after the storm made landfall in northeastern Mexico, and swept through Texas and into Oklahoma. Insurance Council …

I love the way my agency handles everything! That Lovin’ Feelin’ Everyone wants to feel the love. You work hard, always keeping the needs of your customers and employees in tight focus while building up your agency’s bottom line. You …

Texas Workers’ Comp Commissioner: Things Are Good Overall

Despite ongoing issues and a multitude of adversarial stakeholders, the state of the workers’ compensation system in Texas is “pretty good,” according to the head of the state division with regulatory oversight of the system. “I don’t know any line …

Wind Inspectors in Louisiana Say Insurers Vary on Proof for Discounts

In the entire state of Louisiana, there are only 16 of them, and they want business. They are certified wind inspectors, and for $150 to $200 they say they can knock hundreds of dollars off homeowners’ annual insurance premiums. “I …

6 Ways Agents Fail Their Workers’ Comp Customers

Agents Can Easily Fall into the Trap of Poor Service and Not Even Know It Like most agents, you work hard at writing new accounts, what salespeople through the years have referred to as “getting the fish in the boat.” …

Post-Katrina Duties and Liabilities of Insurance Agents and Brokers

The Louisiana Supreme Court Weighs In Following Hurricane Katrina, many insurance agents and brokers were sued by customers who found they were underinsured for their losses caused by the hurricane. It is fair to say that most of those claims …