Features

NIIC Fundraising for City of Hope Persisted Through Pandemic

Among the things that have become difficult in a year that has been marred by COVID-19, one key problem would seem to be fundraising, since in-person events have been quashed and the economy has been in the dumps. Overall, philanthropy …

Prospect Qualification and Appointment Setting to Land More Meetings

The objective of prospecting is to find quality opportunities to narrow the sales funnel, and then consistently target that focused group with marketing messages to get noticed. For insurance brokers, you have the luxury of finding third party list sources …

Record Return of Merger Activity Leads to Massive Growth in M&A Insurance Market

A record rebound in merger activity this year and a rise in litigation has brought with it an upsurge in insurance policies that give companies and private equity firms cover for when a deal goes wrong, industry officials say. Keen …

Sales Management & Producer Goals During COVID-19

Every insurance agency client we have today is seeing producers struggling with new production because of COVID-19 restrictions. They are used to cold calling and getting in front of prospects and that has been difficult, if not non-existent. In addition, …

Teaming Up for the Greater Good; How Two Indiana-based Competitors Joined Forces to Help Their Community

For more than 50 years, two independent agencies, Gregory & Appel and MJ Insurance, have battled each other for the best insurance clients. Indiana-based Gregory & Appel Insurance is a fifth-generation, family-owned independent agency, operating in downtown Indianapolis. Less than …

The Gig Economy’s Auto Insurance Market and Surplus Lines

Automobile insurance looks very different today than it did a generation ago. The means by which people (and goods) travel via motor vehicles continue to expand and evolve, as do businesses and their automobile insurance needs, especially in the gig …

Liquidation Sought for Texas Nonstandard Auto Insurer, ACCC

An application for an order of liquidation has been filed in a Travis County, Texas, district court for a Houston-based nonstandard auto insurer now in receivership. ACCC Insurance Co. was placed into receivership on Oct. 21 by Travis County District …

The Other New Normal: Wildfires from a Winery Insurer’s Perspective

Arriving on the scene after a wildfire has ravaged an area is never easy. One can only imagine what experiencing such devastation is like for the victims of these fires, who have lost homes, livelihoods and even loved ones. The …

Louisiana Court: ‘Collectibility’ Not a Limiting Factor in Legal Malpractice Damage Amounts

Are a plaintiff’s damages in a legal malpractice case limited to the amount they could have collected in a judgement in the underlying lawsuit that an attorney was found to have mishandled? The Louisiana Supreme Court said ‘no’ in a …

U.S. Commercial Insurance Rates Rise Again Q3; Showing Signs of Stability

For the second quarter in a row, U.S. commercial lines insurers enjoyed average rate hikes that neared 10% but the rocket ship rate hike trend might be moderating. “While commercial insurance prices continued to rise this quarter at a significant …

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