Mistakes happen. After all, we are human. That is why insurance agencies have agency errors and omissions (E&O) coverage. Even with the support of E&O coverage, an E&O claim can take its toll on the people involved and the agency. …
Court Says Only Congress Can Extend the ADEA in Ruling Involving 58 Year Old Law Firm Job Seeker A divided U.S. appeals court has dealt a setback to older job applicants, saying they cannot invoke a federal law against age …
National MetLife has named Darla Finchum as head of the company’s U.S. property/casualty business, MetLife Auto & Home. Finchum had been serving in this role on an interim basis since last August. She will be responsible for growth and management …
Growing up in a small town in West Texas, I never thought it would be possible to be a millionaire. My family lived on a small 20-acre farm just north of Lubbock, Texas. Dad was a territory sales rep, selling …
The year of 2018 brought an all-time high of merger and acquisition (M&A) activity to the insurance industry. Consolidation of firms, both at a local level with M&A by independent agents and brokers, and acquisitions by larger, publicly-traded and privately-held …
Accidental Death and Dismemberment Market Detail: Charity First (www.charityfirst.com) offers coverage for volunteers and/or participants of nonprofit organizations while participating in approved and supervised activities. Pays for ER visits, hospitalization, recovery period for the injury and more. Products are subject …
Kristen Jaconi can hardly contain her excitement when discussing the topic of risk management. It’s clearly a passion for Jaconi, who spends much of her time passing on her knowledge to students in the new Risk Management Program at University …
Employee Satisfaction with Compensation on the Rise Total compensation and salary adjustments on average fell slightly in independent insurance agencies responding to the 2019 Agency Salary Survey, but that trend has had little effect when it comes to employee satisfaction. …
National AmWINS, The Flood Agency Specialty insurance broker AmWINS Group has agreed to acquire The Flood Insurance Agency, a Florida-based managing general agency that specializes in private market flood insurance. The Flood Insurance Agency, operating as a program administrator for …
A broker fee is a fee in addition to premium and commission that is charged by retail and wholesale insurance brokers and that ultimately is paid by the insurance buyer. Such fees are subject to two overriding rules: (1) they …
