Operations News

Eight easy strategies for building your agency

While building a successful agency takes dedication and hard work, it may not be as difficult as you think. A wealth of material exists on the tangible factors and steps necessary for building a successful agency, such as product and …

Getting to know your agency’s E&O

Insurance agents’ errors and omissions policies are not created equal. An agent who purchases E&O based solely on price may experience a rude awakening when it’s time to report a claim. Here are just a few areas where coverage may …

News Currents

Agents take aim at Zurich compensation, disclosure settlement Two associations for independent insurance agents have urged a federal court to reject recent settlement provisions between Zurich Insurance and states that affect thousands of agents who were not involved in the …

Top 10 goals for agents to make ASAP

The year is winding down and it is time to focus on goals for next year. The easy route is to take the current results and add X% for growth and improve results by Y%. A few other ideas might …

Eight easy strategies for building your agency

While building a successful agency takes dedication and hard work, it may not be as difficult as you think. A wealth of material exists on the tangible factors and steps necessary for building a successful agency, such as product and …

States go global for new ideas to improve transportation safety

Searching for ways to improve road safety without breaking the bank, state transportation officials in the U.S. have found inspiration in ideas being implemneted abroad. Low-cost devices increasingly popping up on treacherous roadways and crammed crossroads across the nation have …

Managing the rising tide of employment practiceslawsuits

The reality of today’s workplace is that a wide variety of employee grievances may escalate, almost without warning, into costly lawsuits. Any time an employee objects to a company employment practice that is perceived as unfair, an employment-related action may …

The Future for Agents’ E&O

David Duncan of David C. Duncan Insurance Services in Rancho Santa Margarita, Calif., is worried about whether and how much the cost of his agency errors and omissions insurance might go up next year. Duncan started his agency in July …

Supreme Court to Hear Several Cases Affecting Business Community

The U.S. Supreme Court is about to plunge into an agenda laden with issues affecting the business sector. Tobacco companies, the biotech industry and operators of coal-fired power plants have a stake in cases the court will hear in the …

Financial Reporting Changes Create New Challenges for Actuaries

New laws and increased public scrutiny are changing financial reporting requirements in the property/casualty insurance industry. Actuaries, who play key roles in that critical arena, are being asked to broaden the scope and detail of their reviews and opinions, attendees …