April 6, 2009
When it comes to an agency’s satisfaction with its personal lines insurance companies, commissions do not rank as tops. Nor do commissions rank second. In fact, out of six satisfaction factors, compensation from an insurer ranks dead last, according to …
March 26, 2009
When it comes to an agency’s satisfaction with its personal lines insurance companies, commissions do not rank as tops. Nor do commissions rank second. In fact, out of six satisfaction factors, compensation from an insurer ranks dead last, according to …
March 23, 2009
Insurers Compete for a Growing Green Industry Jim Henson’s famous Kermit the Frog said it the best, “it’s not easy being green.” Today’s property owners and insurers understand that while it’s not easy, being green can be profitable. The green …
March 18, 2009
The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) says it plans to submit a filing to the California Department of Insurance (CDI) recommending a 24.4 percent increase in pure premium rates that would be effective July 1, 2009, for …
March 6, 2009
The U.S. Senate delayed action last night on a federal omnibus bill that provides funding to most of the federal government, including the nation’s federal flood insurance program that expires today. However, lawmakers are expected to vote today to extend …
March 6, 2009
The U.S. Senate passed a five-day extension to the National Flood Insurance Program (NFIP) by voice vote this afternoon after lawmakers delayed action Thursday night on the federal omnibus bill which would have extended the NFIP through the fiscal year. …
March 5, 2009
The U.S. Senate has yet to approve a measure extending the nation’s flood insurance program, which expires tomorrow. While the U.S. House of Representatives passed an extension to the National Flood Insurance Program (NFIP) through September 2009 under the omnibus …
February 22, 2009
Agency Salary Survey: Agencies Trim Payrolls and Raises Independent insurance agencies remain reliable employers even in these rocky economic times, but even they have to cut back occasionally. Whether due to efficiencies from technology, the lingering soft market, the continuing …
February 22, 2009
Marine Broker Shares Views on the Current State of the Market The marina and boat industry is a natural fit for John Harvey, founder and president of Voyager Insurance Services in Frisco, Texas. Harvey has been in the insurance business …
February 8, 2009
Agencies Say SBUs Take Dedication, Technology But Offer Profitability Going for the big fish may bring in big returns but some agencies think having a strategic plan to go after all those little fish is just as important. Three of …