The demagoguery aimed at the insurance industry is reaching a new low in Washington, as the federal government, which has done a miserable job of carrying out its own responsibilities in the wake of Hurricane Katrina, is now claiming it should be the
IN INSURANCE company offices last month, you could hear a collective sigh of relief as an important decision in a Hurricane Katrina-related case came down in favor of the carriers. In Paul Leonard and Julie Leonard v. Nationwide Mutual Insurance Co.,
THE E&S marketplace is a valuable tool for most independent agents and brokers. Indeed, American Agent & Broker's annual reader survey consistently shows that nearly 90% of the magazine's recipients regularly work with E&S carriers,
THE INSURANCE industry is obsessed with cats--as in catastrophes. Hurricane cats--especially "Kat-rina"--have raked insurers for billions of dollars in the last couple of years. Many reinsurers have become particularly allergic to this
THE E&S marketplace is a valuable tool for most independent agents and brokers. Indeed, American Agent & Broker's annual reader survey consistently shows that nearly 90% of the magazine's recipients regularly work with E&S carriers,
IN AN ARTICLE in this month's issue, agents and brokers discuss how they interact with the E&S marketplace. One of those agents, John Tallarida, senior vice president of the Heffernan Group in Palo Alto, Calif., cited one problem retailers can
In today's hypercompetitive agency-acquisition marketplace, with its overabundance of buyers and shortage of high-quality sellers, it has been getting harder for acquirers of all types and sizes to
Strictly Sales" is written by the faculty of the Dynamics of Selling program. This month's column is from Edwin L. Lamont, CIC, CRM.]Who likes to be sold insurance? Anyone? How about you, insurance professional? Do you enjoy paying your
A lot of agency principals speak with passion about transitioning the ownership of their agency to their employees, instead of eventually selling to or merging with another firm, but my guess is that