In today’s environment, the value of personal relationships, soar. Nobody fosters these better than insurance agents. You don’t need to get too deep into conversation these days to find out people are afraid. Given changes in business, the economy and …
Managing general agents have a positive attitude about the soft market and recession, figuring what went down must come up again, according to Curtis Anderson, incoming president of the Association of Managing General Agencies (AAMGA). Most MGAs are doing fine …
While the economy is in freefall, a Sioux Falls, S.D., workers’ compensation agency, Insurance Specialty Group, is racking up double-digit growth. According to owner Renae Eidenshink, the reason for this remarkable record is simply that the agency focuses on education …
Enjoy the Freedom of Marketing Experimentation Property/casualty agencies can learn something valuable from successful car dealers. And no, it has nothing to do with waxing and buffing. It’s something even shinier, the wisdom to experiment. Dominant dealers are renown for …
With layoffs, downsizing and stressed-out employees, it is more important than ever for employers to fully grasp the legal aspects of hiring, managing and terminating workers. Hiring new employees is an important step for any company, but the work does …
Recession Reduces Claims but Poor Investment Climate Frustrates Insurers The workers’ compensation insurance industry experienced a year of mostly solid results in 2008, according to Dennis Mealy, NCCI Holdings Inc. chief actuary. In its annual “State of the Line” report, …
Areas Where Agents Might See an Increase in Fraud Does a bad economy increase crime? Analysts have debated that question for years, according to Mike McKee, senior special agent for the National Insurance Crime Bureau. While it’s too soon for …
Yet Uncertainties Continue to Face the Business The workers’ compensation insurance industry experienced a year of mostly solid results in 2008, according to Dennis Mealy, NCCI Holdings Inc. chief actuary. In its annual “State of the Line” report, the NCCI …
Obesity Weighs Heavy on Workers’ Compensation Claims It’s time to face facts about our nation’s fat. About a quarter of our nation can be characterized as obese, according to the Centers for Disease Control and Prevention (CDC). And while that …
Poor customer service is making headlines these days, and to some extent, it’s no wonder. Many companies facing economic pressures have been forced to layoff staff or reduce hours. And remaining employees are forced to pickup the slack, doing more …
