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

How to Conduct Annual Policy Reviews

Insurance Journal Webinar Instructor Balbresky Offers Tips on Effective Reviews When trying to get clients back in door for policy reviews, agents need to understand what drives that client. “People are not going to just spend an evening or an …

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. Environmental Services Market Detail: Swett & Crawford offers coverage for contractors or consultants providing environmental …

Soft Market Persists; Fierce Competition to Continue into 2011: Marsh

Soft commercial insurance market conditions persisted through the third quarter of 2010, with lower rates on average across major coverage lines, according to a new report from broker Marsh. Intense competition and overabundance of capacity continue to define the commercial …

Lexington Enters New Insurance Territory With Carbon Registry Product

As many businesses work to reduce their carbon footprints and go green, insurers are rushing to keep up with the world of alternative energy, climate change, green technology and green building by developing new products to support these businesses efforts. …

Top 100 Agency Profile

Rank: 6 Agency Name: The ISU Group Year Founded: 1979 Headquarters: San Francisco, Calif. Approx. 100 additional locations nationwide Principals: T.J. Ryan III, CEO; Steven C. Pearson, president, ISU International % Commercial: 44% % Benefits: 13% % Personal: 43% 2009 …

Medical Malpractice Claims Frequency Declining, Severity Stabilizing

Health care organizations’ medical malpractice claim frequency appears to be declining slightly and severity is leveling off, according to a new report. Data collected from 1,600 hospitals in report years 1997 through 2007 reveals that the most severe claims, those …

Strength and Power

San Francisco’s ISU Group Brings Together Creative Minds to Adapt, Survive and Succeed in Today’s Market In this age of Great Global Recession, collapsing corporations and profligate governments alike have often been proclaimed to be “too big to fail.” Independent …

How an E&O Claim Could Affect Agency Employee’s Career

Survey Finds Agencies Take a Second Look at Hiring Employees With Past E&O Histories Today’s soft insurance market, reduced commissions and a tough economy for agency owners and their clients might be adding to agency errors and omissions (E&O) exposures. …

The Secret for Client Loyalty

Client Appreciation Means Much More Than a Happy Customer We all know that insurance is a relationship business. Now, more than ever is the time for agents and brokers to reinforce the relationship with clients. What is the secret for …

Reducing E&O Exposures: What Agents Need to Know

Certificates of Insurance, Data Breaches, Unfamiliar Markets Among Exposures for Agents Insurance agents who fail to keep up with changing legislation, regulations, policies and forms are opening themselves up to costly errors and omissions (E&O) claims, according to experts and …