Monthly Archives: <span>February 2020</span>

Competitive Compensation in a Candidate-Driven Market

The industry is continuing to experience a candidate-driven market and attractive compensation packages are playing a crucial role. While it will always be significant, money is not the only factor driving candidates. Non-monetary elements such as career development opportunities, relocation …

New Rules Open Doors for Licensing Military Spouses as Surplus Lines Agents in Texas

Texas has increased the eligibility of military spouses to be licensed as a surplus lines agent in the state, according to the Surplus Lines Stamping Office of Texas (SLTX). Under new rules adopted by the Texas Department of Insurance that …

4 Things Insurance Firms Can Do to Improve Efficiency, Data Use

Digital transformation is making it possible for the insurance industry to engage customers with personalized interactions that lead to products and services tailored to their individual insurance needs. Unfortunately, the industry isn’t exactly made up of a bunch of early …

More than $3M Recovered for Arkansas Insurance Consumers in 2019

The Arkansas Insurance Department’s Consumer Services Division (CSD) recovered $3,005,606 for consumers in 2019, the department said. Recoveries are dollar amounts recovered in excess of the amounts initially offered by insurance companies. CSD closed 2,320 cases in 2019 while receiving …

Why Small Agencies Struggle to Hire New Producers

It’s hard to find a needle in a haystack, unless you know what you are looking for The very best agencies that are committed to hiring new producers, who have senior leaders dedicated to recruiting, a bevy of internal resources …

Has Our Company Partnered with a Bad Recruiter?

The most popular “Ask the Insurance Recruiter” article in 2019 was July’s Partner or Pariah? 5 Hacks to Improve Your Experience Working with Recruiters. This was inspired by the negative reports I hear from insurance organizations about working with search …

Beyond Farming: Agritainment and Farm Liability Coverage

The business of operating a farm has evolved significantly in the past several years. It’s not just about planting, caring for, harvesting and selling crops. It’s often about other ways that the land can be used. It may be family-friendly …

My New Markets

Personal Umbrella – High Risk Drivers Market Detail: Indemnity Excess & Surplus Agency Inc. (www.ies-xs.com) offers personal umbrellas for high risk drivers. Eligible risks include operators with up to three violations and/or two accidents; operators of all ages; unlimited number …

Why Comparing Drug Prices Drops Costs for Employers and Patients

A University of California at Berkeley study has found that a “reference pricing model” — comparing brand name and generic medications and adjusting co-pays to encourage patients to choose the lowest cost drugs — delivers “significant cost-savings that increase over …

Agricultural Industry Looks to Dogs as the Next Crop Inspectors

Dogs specially trained by the federal government’s Agricultural Research Service scientists have proven to be the most efficient way to detect huanglongbing — also known as citrus greening — according to a paper published in the Proceedings of the National …