Monthly Archives: <span>July 2011</span>

The Talk

Long before the Insurance Goddess was created, Alan Galvez Insurance was reaching out to customers and potential customers through an innovative program called “The Talk,” aimed at educating teens about auto insurance and insurance in general. “The parents bring in …

Guidelines to Limit an Agency’s Risks in Social Media

Social media has become a powerful way for members of the insurance community to communicate with clients, prospects, referral sources, underwriters and colleagues. However, improper usage can result in serious consequences. At our property/casualty insurance agency, we have sought to …

U.S., Mexico Agree to Cross-Border Trucking Program

Agreements resolving the dispute over long-haul, cross-border trucking services between the United States and Mexico have been signed, according to U.S. Transportation Secretary Ray LaHood. Mexico will lift retaliatory tariffs, imposed two years ago, on more than $2 billion in …

Calif. Court Limits Employer’s Liability in Acts by Employees

The California Supreme Court has confirmed a limitation on an employer’s potential tort liability for the acts of its employees, with a particular emphasis on employees operating motor vehicles in the course of their employment. According to Diaz v. Carcamo, …

Risky Decisions

All the devastation from natural disasters that have occurred across the nation in recent months illuminates the fact that many, many homes across the United States are either uninsured or underinsured. Violent weather, wildfires and flooding have been unusually intense. …

As Small Business Shrinks, Small P/C Insurers Lose

The property/casualty small business sector – those accounts with less than 50 employees – has shrunk substantially since 2007, and there has been a dramatic shift in market share among small, mid-sized and large insurers. The insurance market is shifting …

Agents Speak Out on Social Media

An Insurance Journal poll on agents’ use of social media conducted in January and February showed that 62 percent of respondents’ agencies had some involvement in social media. Granted, there were only 13 voters in the poll, so it obviously …

Americans at Lloyd’s

A group of 30 brokers from across the United States and Canada visited Lloyd’s recently as part of an annually organized broker program. The brokers went to London for five days to learn about the Corporation of Lloyd’s, spend time …

New Jersey Agent Pleads Guilty to Stealing $1.9M

A former New Jersey insurance agent has pleaded guilty to defrauding nine clients out of more than $1.9 million, state prosecutors said. Daniel J. Trolaro, 35, of Oakland, was working for Prudential Insurance Co. of America’s West Essex Agency in …

People

Barbara Zito has been named senior vice president of Marketing at Founders Insurance Co. in Des Plaines, Ill. Founders is a member company of the Utica National Insurance Group of New Hartford, N.Y. Zito is responsible for the business development …