Operations News

ACORD Presents Ohio-based Westfield Insurance with Leadership Award

Ohio-based Westfield Insurance has been awarded the Industry Leadership for Improved Commercial Lines Download award from ACORD. This award recognizes insurance companies who offer extensive commercial download based on current ACORD standards. ACORD’s written statement said that by successfully implementing …

AIA’s Snyder Tells London Audience GATS Outlook ‘Very Dark’

“It’s very dark right now,” said David F. Snyder, the American Insurance Association’s Vice President and Assistant General Counsel. He wasn’t speaking about the weather. He was referring to the lack of any serious progress in the current Doha round …

La. Workers’ Comp Insurer Stresses Workplace Safety for Young Hires

Summer is a peak hiring time for thousands of young workers, and Louisiana Workers’ Compensation Corporation (LWCC) is reminding employers of the importance of safety in the workplace for young hires. According to recent LWCC statistics, almost half of all …

Assurance Only Brokerage Named to Chicagoland’s 101 Best and Brightest

Schaumburg, Ill.-based Assurance Agency Ltd. was named one of Chicagoland’s 101 Best and Brightest Companies to Work For. The 101 Best and Brightest awards, administered by the National Association for Business Resources, honor companies that recognize employees as their greatest …

What Happens If P/C Industry Catches the Flu; Program Best Practices; Giant Program Guide Highlight IJ Magazine

The potential exposures for the property casualty insurance industry have fallen under the radar in the discussions of the effects of an Avian flu or other pandemic. Most people keeping watch on the possible effects have had their eye on …

Keeping tabs on transparency

Quoting from the “Desire Under the Elms” playbill at the Lesher Regional Center for the Arts in Walnut Creek, Calif., Paul Sachs, managing director for the Los Angeles office and Pacific Southwest region for Protiviti, said that the line from …

Insurers should not underestimate next influenza pandemic’s severity, risk experts say

Risk experts are warning insurance companies that they may be underestimating their risk if they assume that a new influenza pandemic would be no worse than the 1918 influenza pandemic. While some published studies have already illustrated the effects of …

SullivanCurtisMonroe CEO says growth, profit and fun equal success

Best Practices is a new Insurance Journal column that profiles how some of the nation’s top performing agencies run their operations. IJ’s Publisher Mark Wells recently interviewed William Curtis, managing partner and chief executive officer of SullivanCurtisMonroe based in Irvine, …

Distinguish your agency with commercial client training

Most small to medium-sized commercial insureds are educated only in how to shop for the lowest possible premium. Very few are schooled in the everyday nuances of managing their firm’s insurance program. This is understandable, because once a producer gets …

Minimizing litigations and investigations by managing e-records

The focus of litigations and investigations on electronic documents, particularly e-mails, and the increasing accountability of compliance programs, including record retention, are leading organizations to reexamine their document management. That includes e-mail destruction practices, records management programs, compliance training and …