Articles by Patricia-Anne Tom

Insurance Agents: Get Ready for Green Building Exposures

An idyllic, pasture-like setting is not the only green image agribusiness owners would like the public to imagine when they picture their operations — they increasingly want to be known for their “green” environment-friendly buildings, too, according to Scott A. …

Judge: California Workers Ordered to Return to Work Immediately

Adding a wrinkle to California Gov. Arnold Schwarzenegger’s plan to furlough state workers to help shore-up the state budget deficit, a California Superior Court Judge has ordered that furlough days for certain state workers must end immediately. In February, Judge …

The Young and Connected

A recent survey published by Mintel Comperemedia, a provider of direct marketing competitive intelligence, says young adults, especially men and high-income earners, are the groups most likely to use social media for insurance research and communication. That finding sounds like …

State Budget Deficits Could Harm the Insurance Industry

While 2009 was a tough year to do business, state and city leaders say 2010 and 2011 will be even tougher — the outcome of which could have negative implications for the insurance industry. A number of states are struggling …

Pinnacol Assurance Offers Colorado $330 Million to Become Private Insurer

Pinnacol Assurance, Colorado’s quasi-governmental workers’ compensation insurer, has submitted a potential separation agreement to Colorado Gov. Bill Ritter that would establish Pinnacol as a domestic mutual insurance company owned by its policyholders in exchange for $330 million that could help …

Ethics Awareness Month Lesson: Don’t Follow Greed Down the Wrong Path

Insurance producers should be leery of managers who push them to “find the gray areas to increase the corporate bottom line,” John Borbi warned them recently. Borbi should know. A former financial advisor and investment specialist, he went from being …

New York’s Bryan Insurance Gets Personal With Social Media

There’s no better time for insurance agents and brokers to delve into social networking technologies than now, according to those who study marketing and technology trends. More than four in five U.S. online adults use social networking tools — Facebook, …

Texas’ Preferred Personal Insurance Agency Writes More With Social Media

Gartner research shows mobile consumers spent $4.2 billion in 2009 at mobile applications stores, and that figure is expected to jump to $30 billion by 2013, said George Redenbaugh, assistant treasurer and senior director of risk management for eBay. With …

California’s Crescenta Valley Insurance Self-Brands With Social Media

“While young people continue to march toward almost universal adoption of social applications, the most rapid growth occurred among consumers 35 and older. This means the time to build social marketing applications is now. Interactive marketers should influence social network …

Colorado Wants Protections Against Uninsured Motorists

The Colorado House has passed a bill that requires a motor vehicle insurance company to be appointed as an insured person’s agent in a lawsuit arising from an accident in which the at-fault driver is deemed to be “uninsured.” House …