Economy News

Declarations

Red River Floods “The magnitude of the expected flooding has not been seen in several years.” The National Weather Service as North Dakotans prepared for spring flooding along the Rd River Basin. Officials in Fargo and Grand Forks began ordering …

Fastest Growing Industries to Focus On

Top 7 High-Growth Industries’ Risks and Unique Exposures Planning for the “upside” must begin now. The soft insurance market will end, and the rebound from the financial bottom will happen. But don’t try to predict when, just get out in …

Looking Up

Amidst all the gloom and doom, the failures and frustrations, the finger pointing and scapegoating, the drumbeat of negative economic news… we turn to two men wiser than ourselves for advice that lifts us up: Warren Buffett in his annual …

National Flood Insurance Program Gets Short-Term Extension

Congress passed a measure extending the National Flood Insurance Program through Sept. 30, 2009, under the omnibus appropriations bill. The NFIP extension was set to expire at 11:59 p.m. on March 6, but Congress passed a continuing resolution to extend …

As Credit Scores Fall, Criticism of Insurers’ Credit Scoring Rises

With consumers’ credit scores dropping as lenders tighten credit terms, insurance consumer advocates are stepping up their criticism of the use of credit scores by insurance companies. They are also warning insurers that they could lose business and consumer confidence …

Innovative Boats Need Innovative Agents

Hybrid Boats Offer New Way to Sell Coverage to the Green-Minded Customer Hybrid boats are hitting the market and the growing popularity of hybrid and electric boats have directly impacted what boaters expect from their insurance. According to the NMMA …

Say What You Mean

Agents Should Act With Character and Integrity in Everything That They Do “I meant what I said, and said what I meant …” Although that quote was written in 1954 by Dr. Seuss in his book “Horton Hears a Who,” …

Greener Opportunities

Insurers Compete for a Growing Green Industry Jim Henson’s famous Kermit the Frog said it the best, “it’s not easy being green.” Today’s property owners and insurers understand that while it’s not easy, being green can be profitable. The green …

Say What You Mean

Agents Should Act With Character and Integrity in Everything That They Do “I meant what I said, and said what I meant …” Although that quote was written in 1954 by Dr. Seuss in his book “Horton Hears a Who,” …

Looking Up

Amidst all the gloom and doom, the failures and frustrations, the finger pointing and scapegoating, the drumbeat of negative economic news… we turn to two men wiser than ourselves for advice that lifts us up: Warren Buffett in his annual …