Closing Quote

Legal and effective incentive compensation still under fire

There is a critical need to preserve the right of insurance companies to determine how best to compensate the insurance agents and brokers who sell their products. In this regard, the insurance industry is like virtually every other business distributing …

By William G. Stiglitz

Legal and effective incentive compensation still under fire There is a critical need to preserve the right of insurance companies to determine how best to compensate the insurance agents and brokers who sell their products. In this regard, the insurance …

A lawsuit in the making – the EPLI insurance application

Every day, the Equal Employment Opportu-nity Commission receives some 200 new employment practices liability complaints alleging discrimination based on race, sex, national origin, religion, retaliation, age and disability. Even if an employment-related claim is baseless, defense costs can be significant. …

Legal and effective incentive compensation still under fire

There is a critical need to preserve the right of insurance companies to determine how best to compensate the insurance agents and brokers who sell their products. In this regard, the insurance industry is like virtually every other business distributing …

Business continuity lessons from hurricane season

Hurricane season 2006 is here and it is time to re-evaluate the lessons learned from last year’s destructive hurricanes. Due to the 2005 hurricanes’ size and strength, financial and operational repercussions will impact organizations for the foreseeable future. It is …

Business continuity lessons from hurricane season

Hurricane season 2006 is here and it is time to re-evaluate the lessons learned from last year’s destructive hurricanes. Due to the 2005 hurricanes’ size and strength, financial and operational repercussions will impact organizations for the foreseeable future. It is …

NAMIC believes such fees are a form of double taxation applied only to those responsible drivers carrying auto insurance

Ominous Trend: Growth of municipal accident response fees Across the country and in most Midwestern states, insurance companies are facing the growing phenomenon of cash-strapped municipalities billing insurers for police or fire responses to auto accidents, no matter how minor. …

Not all agents oppose an optional federal charter

The Commissioners are now fully prepared to go before their various legislative committees with recommendations for a system of insurance law which shall be the same in all States – not reciprocal, but identical; not retaliatory, but uniform. This statement …

Insurance programs meet computer programs

Like so many other areas of life, the Internet changed the exposures involved in affinity group programs. In fact, e-commerce and e-mail have taken some of the affinity out of affinity groups. When I first started underwriting and marketing property/casualty …

Diversification plus education equals a successful independent agency

Note to independent agents and brokers: Pay attention to the Geico gecko and former “24” actor who is now shilling for Allstate. They are gunning for your business. Either you can try to go head to head against their multi-million …

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