Monthly Archives: <span>March 2015</span>

Former Hartford CEO McGee Dies at 60

The Hartford has announced that Liam E. McGee, the former chief executive credited for guiding the financial services firm during the recession, has died. The Hartford, Connecticut, insurance and financial services company announced that McGee died on Feb. 13 of …

Google to Face Same Obstacles Selling Insurance Online, Says Overstock’s Byrne

Those now running comparison insurance shopping websites believe that they could be helped if Google enters into the business because the giant search engine could draw more attention to buying insurance online. However, they also believe Google would face the …

My New Markets

My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com Need a Market? Find it. FAST. Roofing – Workers’ Comp Market Detail: Omega Insurance Solutions can write workers’ comp for roofing clients through a PEO – or …

2015 Outlook: Profitable Despite Lower Rates

The commercial property/casualty insurance market should remain stable and profitable in 2015, according to the Wells Fargo Insurance 2015 Insurance Market Outlook. Abundant market capacity and an improving economy have positioned the commercial insurance industry for an extended soft market …

4 Reasons Direct Mail Should Be Part of Your Plan to Acquire New Customers

As an independent insurance agent you’re an expert in many things. You understand the right questions to ask in order to provide the right level of coverage. You know how to overcome price sensitivity by explaining the lowest price isn’t …

10 Things to Know About Homeowners

Preliminary figures compiled for homeowners show that insurance companies increased their rates by an average of 2.9 percent nationwide in 2014, while renters insurance rates were up 2.3 percent and condominium insurance rates rose 2.4 percent. This is a reduction …

Impact of Driving Record on Auto Insurance Cost Varies by State

While motorists who commit moving violations typically pay higher auto insurance costs, how much more they pay varies significantly by state, according to a report by an online insurance seller. For example, drivers who receive a DUI charge will pay …

The Best Apps and Why for Independent Agents

There appears to be little dispute among agents about the importance of going mobile, particularly for younger clients who expect it. What’s in doubt, however, is which mobile applications, or apps, make the most sense for agents to use, both …

Capacity Plentiful, Pricing Remains Soft in D&O Marketplace

The directors and officers liability insurance marketplace continues to be a buyer’s market – with new entrants contributing to the plentiful capacity, competitive pricing and expanded terms, according to industry participants who spoke with Insurance Journal in February at the …

The Key Coverage Business Partnerships Might Be Missing

There could be a risk flying under the radar in your client portfolio, one you may believe is satisfactorily covered. You can reveal it by answering a seemingly basic question: how are your clients’ businesses structured? This question matters because …