Economy News

Fire Victims Should Seek Safety, Make Contact with Insurers

As firefighters work to contain the Tea, Sayre, and Freeway Complex fires throughout Southern California, property/casualty insurance companies are on the ground reaching out to policyholders to facilitate immediate shelter needs and begin the process of recovering and rebuilding, according …

Main Points from G20 Leaders Summit Communique

G20 leaders agreed to take rapid action, including fiscal stimulus measures as needed, to stabilize financial markets and restore growth in worsening global economy, according to a draft communique. They also support giving emerging markets more say in the global …

Agencies Shopping for Lowest E&O Rates Could Be Adding to Their Risk

No Agency Is Worth Sacrificing for the Cost of a Cafe Latte Each Day There have been significant changes in the insurance marketplace recently, as prices are down and carrier competition is fierce. Independent insurance agents may be shopping policies …

Soft Market Challenges

Relationships, Recruiting, Training Key to Survival Soft market conditions could last for another nine months to five years, predict representatives from the agent, broker, carrier, reinsurance, and excess and surplus lines sectors of the insurance industry. “I anticipate that we …

Memo to Insurance Producers: Get Ready to Produce More in 2009

Although the economy is in serious trouble, nothing has changed. You still need to sell insurance. Whether it’s property and casualty, life or health, one task remains: closing sales. While you may know your products and have the right selling …

Mississippi Rebuilds Its Insurance Markets

Wind Pool Modernization, Better Building Code Enforcement and Carrier Recruitment Efforts Begin to Pay Off Back in January, when Mike Chaney was getting ready to be sworn in as Mississippi insurance commissioner after his November victory at the polls, he …

Agencies Shopping for Lowest E&O Rates Could Be Adding to Their Risk

No Agency Is Worth Sacrificing for the Cost of a Cafe Latte Each Day Independent insurance agents may be shopping their errors and omissions insurance coverage to seek the best rates. But what they are giving up in the quest …

Memo to Insurance Producers: Get Ready to Produce More in 2009

Although the economy is in serious trouble, nothing has changed. You still need to sell insurance. Whether it’s property and casualty, life or health, one task remains: closing sales. While you may know your products and have the right selling …

Memo to Insurance Producers: Get Ready to Produce More in 2009

Although the economy is in serious trouble, nothing has changed. You still need to sell insurance. Whether it’s property and casualty, life or health, one task remains: closing sales. While you may know your products and have the right selling …

Soft Market Challenges

Relationships, Recruiting, Training Key to Survival Soft market conditions could last for another nine months to five years, predict representatives from the agent, broker, carrier, reinsurance, and excess and surplus lines sectors of the insurance industry. “I anticipate that we …