Monthly Archives: <span>July 2017</span>

4 Ways to Help New Producers Beat the Odds

To say that most new producers don’t hit the ground running is an understatement. Between learning about the specific products and coverages the firm offers, beginning to prospect leads, and acclimating to a new job, it’s common for new producers …

The Dangerous Art of Selfies: Why Museums Should Take Note

Museum visitors snapping selfies are driving a spike in accidents that are putting exhibits at risk, according to Linda Sandell, senior vice president and chief underwriting officer with Huntington T. Block, a fine art insurance broker based in Washington D.C. …

How to Succeed in a Soft Insurance Market

It’s no secret that the insurance marketplace right now is extremely soft. The amount of capacity in the industry continues to rise as new entrants are coming into the market or existing carriers are either opening up their underwriting guidelines …

Marijuana Dispensaries and Crime

A new study published in the July issue of the Journal of Urban Economics finds that contrary to popular belief, medical marijuana dispensaries (MMDs) reduce crime in their immediate areas. In the study, “Going to pot? The impact of dispensary …

Insurers Say Legal Malpractice Claims Hold Steady But Defense Costs Rise

Most leading legal malpractice insurers saw claims level off in 2016 although their cost to defend claims continued to escalate. A study by insurance broker Ames & Gough finds while the number of malpractice claims brought against law firms is …

Sign of the Times – Brokers vs. Carriers on a Classic Soft Market

Brokers vs. Carriers on a Classic Soft Market Chief executive officers of property/casualty insurance brokers and P/C insurance carriers called each other out in June for engaging in activities they said were “classic signs of a soft market.” During a …

The Wedge: 3-Step Super Formula to Growing a Million Dollar Book

“If you build up their confidence they will set higher goals and push to achieve more.” — Lou Holtz Mr. Holtz gives us a formula for winning and who doesn’t want to win? The formula starts off with building up …

Minding Your Business: Agency Financial Management 101

What makes the difference between an average agency owner and a great one? The key is learning the skills of financial management. There are many times that consultants are called in to assist owners with financial problems. Some owners have …

Business Moves

EPIC Insurance Brokers and Consultants, After Inc. EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, has acquired After Inc., a product warranty analytics firm based in Norwalk, Conn. The acquisition was made …

Declarations

Reasonable Doubt “Because of this intervening weather event, the state is unable to prove the criminal responsibility of the two juveniles beyond a reasonable doubt for the devastation that occurred outside the Great Smoky Mountains National Park.” — Tennessee District …