If you haven’t felt assaulted by bad economic news lately, you live in the woods with no TV, no newspaper, and no Internet service. The stock market has lost trillions. Real estate values and sales have declined at record rates …
Al Diamond is one of the country’s best known and respected agency management consultants. His firm, the Agency Consulting Group, is based in Cherry Hill, N.J. He deals with agencies across the country on issues ranging from operations to mergers …
Ratings Agencies May Need to Rethink Their Methodologies as Well The current economic environment has produced several influences that in combination are negatively affecting, or at least stressing, property casualty insurance carriers in unique ways, says one experienced industry analyst. …
What is the impetus for growth? Why do some insurers emphasize growth and others do not? In his Sept. 25, 1961, address to the United Nations, President John F. Kennedy described conformity as “the enemy of growth.” This implies that …
Understanding the Importance of Search Engine Optimization A couple times a year, I hear a clunk at my front door and I’m alerted by my barking dog that someone is there. I open the door to find my new Yellow …
CEO LaRocco, Exec Barnard Outline Insurer’s Renewed Strategy to Re-Engage Agents and Deliver Greater Value Weathering today’s economic storm has not been easy for insurance companies. Consumers are more carefully scrutinizing their coverages, while the financial sector is taking a …
Super Regional CEO Restrepo Talks Catastrophe Losses, Premium Growth and Independent Agents How are regional insurance companies faring in today’s climate — financial and catastrophe? What challenges do they face? How can they grow? Why are they so popular with …
As Economic Conditions Drive Up Fraud, Officials Hope to Prevent Agent Abuses from Spreading Those who track insurance criminals for a living say that as the economy has worsened, insurance fraud has been rising – and they are on the …
Obesity Weighs Heavily on Workers’ Compensation Claims It’s time face facts, we’re a nation of fatties. About a quarter of our citizens can be characterized as obese, according to the Centers for Disease Control and Preven-tion (CDC). And while that …
California’s State Compensation Insurance Fund has filed a mid-year rate plan that reflects a 15 percent increase in collectible premium. The revised rates will apply to new and renewal workers’ compensation policies effective on or after July 1, 2009. “The …
