Operations News

Trade Groups Sue New York over Pay-Disclosure Rules

Agents Vow to Fight Regulations Two trade groups for New York insurance agents are suing the state’s insurance regulator over new rules that will force them to reveal to clients how much they are paid for a particular transaction. The …

Promoting Employee Wellness Yields Substantial Business Returns

Do the companies you work with actively promote health and well-being in the workplace? If the answer is no, they’re not alone. According to a survey by Right Management, a subsidiary of Manpower Inc., less than half of the nearly …

The Times They Are A-Changin’

How Agents Can Manage Technology Change Many agency owners are changing their operations to survive and thrive. But change is never easy. Managing change requires two capabilities: smart decision-making and sound implementation. Deciding to make a change in the agency …

Business Moves

PURE Risk Management PURE Risk Management LLC, based in White Plains, N.Y., is expanding its Privilege Underwriters Reciprocal Exchange (PURE), a member-owned reciprocal insurer, to offer comprehensive, customized property and casualty insurance coverage to responsible owners of well-built, high-value homes …

Agents Seek More Real Time Options from Carriers

Independent agents and brokers want more carriers to offer real-time functionality, according to a new industry survey. Agents believe those carriers will deliver the greatest benefit in making real time the predominant workflow in their agencies. Participants from every state, …

Top 10 Tips to Help Agents Improve Their Careers

Relationships, Time Management, Reputation and Professional Development Pays Off Everyone loves top 10 lists, and I’m no exception. There is something inherent in human nature to want to quantify and rank things. Whether it’s sport teams, songs, movies, or restaurants, …

Agents’ Top-Rated Carriers Make Fast Adjuster Contacts

Survey Shows the Amount of Time It Takes an Adjuster to Contact Insured Matters Most Independent agencies and their carriers perform a huge variety of tasks for policyholders when originating and servicing policies, but how they handle claims provides the …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Speaker and Entertainer No-Show, Cancellation Coverage Market Detail: HCC Specialty Underwriters can provide coverage for …

Infinity Insurance Selects Leads360 to Provide Lead Management for Independent Agents

Infinity Auto Insurance has announced the addition of Leads360 to its Infinity Perks Web site, where Infinity’s appointed independent agents will now have access to Leads360’s lead management software and expertise at a reduced price. Leads360 was selected as a …

London Market Group Launches ‘Next Phase’ of Electronic Endorsements

The London Market Group (LMG) has announced that the electronic endorsements pilot is “moving into the next phase.” The LMG said “100 percent of Managing Agents, all of which are connecting via the Exchange, 26 Company Market insurers and 15 …