Agents & Brokers News

Insurance Journal Co-Sponsors MarshBerry Market & Financial Survey

How are agencies targeting new business today? What do agencies want most from carriers? And just how much are agencies growing in current market conditions? These are some of the questions that a new industry survey plans to answer. Participate …

Burand’s Agency E&O Blog: Tip #39

AOR/BOR Procedures for Benefits. For some unknown reason, I continually find Benefits Producers thinking the P&C AOR/BOR procedures are not applicable to them because the risk on the P&C side does not exist on the benefits side. This belief is …

Burand’s Agency E&O Blog: Tip #38

Inflation Factors on Personal Lines Property. Some personal property forms lack automatic inflation adjustments that increase the structural limit annually. Usually these are dwelling forms, but not always. In any given year, the difference is usually so minor that the …

Burand’s Agency E&O Blog: Tip #37

Mailing Certificates of Insurance. You should always do what companies tell you to do because they always look out for the agent, right? If an agency issues a certificate of insurance that affects the cancellation of an insurance policy in …

Kneeland Promoted to Acting General Counsel for Agents Association

Scott Kneeland has been promoted to acting general counsel for the Independent Insurance Agents & Brokers of America (IIABA). He has served as the IIABA’s senior counsel for the past four years. Kneeland succeeds Debra Perkins, IIABA’s executive vice president …

Aon Acquires Dempsey Partners

Aon Global Risk Consulting, the risk consulting business of Aon plc acquired the assets of Dempsey Partners, a provider of claims preparation, business interruption valuations and related forensic accounting services to the risk management sector. Headquartered in Connecticut, Dempsey Partners …

U.S. House Strikes Down Republican Farm Bill

Republican budget-cutters joined Democratic defenders of food stamps on Thursday to deal a shocking defeat to the $500 billion farm bill backed by Republican leaders in the House of Representatives, undermining hopes of enacting legislation before the current stop-gap law …

Positioning with Companies as the Market Changes

A huge amount of press has been devoted to how important price is to insurance buyers — and it clearly is. But this is not specific to insurance. Price is a key factor in almost all buying decisions, excluding medical …

Understanding Foreign Voluntary Workers’ Comp Policies

In spite of videoconferencing, social media and other new technologies, many businesses depend on their key executives and top sales people to travel overseas to meet with clients in person, to negotiate with foreign business leaders and to explore potential …

Why Restaurant Franchises Make Good Program Business

One industry segment ideal for the program market and somewhat immune to the effects of a battered economy is the fast-food, multi-unit restaurant franchise industry, the experts say. The larger a company grows, the slower its rate of growth. But …