May 29, 2000
With the widespread use of the Internet, a growing number of organizations have developed Web sites to perform many functions, ranging from obtaining information to e-commerce. Still, U.S. corporations today make minimal use of the Internet for their commercial insurance …
May 15, 2000
The Texas Supreme Court has reiterated its agreement with the ruling of a lower court, saying again that state insurance data should be available to the public. Former Texas Department of Insurance economist Birny Birnbaum, who filed suit in 1998, …
May 15, 2000
Trolling for new business leads has been the bane of insurance agents for decades. Electronic data mining has eased the pain, but there are many gray areas as the call for consumer privacy grows louder. It was a bet with …
May 1, 2000
It’s not just your grandparents heading down the road in a Winnebago these days. As the population of RV owners grows, so does the market and the profit margins for insurers. In the 1950s, those silver, bullet-shaped Airstream trailers became …
April 24, 2000
Brady, Chapman, Holland, one of the largest independent agencies in the state, is putting the finishing touches on a deal to turn its personal lines department into a wholly owned subsidiary. The deal, expected to be finalized sometime before May …
April 24, 2000
It’s not just your grandparents heading down the road in those Winnebagos these days. As the population of RV owners grows, so does the market and the profit margins for insurers. In the 1950s, those silver, bullet-shaped Airstream trailers became …
April 10, 2000
Employees covered under traditional workers’ comp waive their right to sue for on-the-job injuries. Two Amarillo court cases extend the waiver to non-subscriber companies. Could this change the worker’ comp system in Texas? Insurers are watching with interest a pair …
April 10, 2000
As much as 10 years ago, independent insurance agents were being courted by professional employer organizations (PEOs), which viewed the small structure of agents’ offices as ripe for their human resources products. Small agencies, after all, typically had only a …
April 10, 2000
When managed care was introduced to the workers’ comp arena in the 1980s, it promised to be the cure-all for a system suffering astronomical costs and premiums. Today, the atmosphere of workers’ comp in Texas has improved somewhat. Premiums are …
April 10, 2000
SAFECO has launched a new high-risk auto product in Texas called insurQuest, offering agents a multi-tiered compensation program including fee commissions. “With insurQuest, SAFECO’s agents who sell customers several different insurance and financial products will have another product to offer, …