Agency Management

Speaker of the House John Boehner, R-Ohio, criticized the president's debt plan, calling it campaign rhetoric, in a speech before an insurance agents' group.

Florida's insurance agents are among those within the industry looking to lawmakers to reform the insurance market in the Sunshine State during this year's legislative session.

Opportunity is knocking for insurance agents seeking to bring new blood into their agencies. All they need to do is not follow the shortsighted discriminatory practices of which some employers are being accused.

Even when insurance policies clearly instruct otherwise, insureds often contact their agents instead of the carrier to report a claim. Attorney Matthew Marrone provides tips on how agents should respond to this tricky and delicate situation—to avoid their own E&O situations down the road.

As agencies focus on survival, they often overlook critical aspects of their own businesses, potentially placing themselves in a vulnerable spot. Agencies need to evaluate their own professional liability insurance coverage to be sure they are properly protected, according to Burns & Wilcox's Rochelle Elliott.

At insurance industry meetings across the country, one issue keeps working its way to the top of the agenda as perhaps our biggest collective challenge: How are we going to interest more young people in insurance and attract them into the profession?