November 14
Optimism: Independent Agents, P&C Insurers Juice-Up Tech Budgets
Independent principals and producers in the property and casualty (P&C) insurance space remain optimistic about the state of the industry and continue to expect growth in the coming years. Agencies are predicting growth in technology budgets in the next 12 months, though smaller agencies are more likely to focus these investments on maintenance of current […]
The Sound of Broken Glass
Sometimes good things happen and you do not notice them until they hit you somewhere in the future. The U.S. House of Representatives has just passed H.R. 5143, the “Transparent Insurance Standards Act of 2016,” introduced by Rep. Blaine Luetkemeyer (R-Missouri). The Big “I” in Washington was quite pleased, as was this writer. The bill […]
Getting Consumer Attention
While developing information for a producer mentoring and sales program, I realized prospecting is totally different today than it was when I was an independent agent. Like many things in our world today it’s changed because of technology. Even more importantly it’s changed because consumer attitudes and buying practices are different. Even many traditional baby […]
The World of Social Media
Social media, in today’s world, is an essential for all businesses to achieve marketing success. Whether you’re a large corporation, a small business, or a local mom-and-pop shop, social media is right for your business. It doesn’t matter the industry, nor the products and services your company sells or markets–social media is a powerful […]
Quality and Value Defined
The congressional echo chamber, on both sides of the aisle, constantly talks about the great reform fad: “payment for value” and “quality” care. And the Medicare version called MACRA passed nearly unanimously, with cheers from the marbled halls of the AMA tower. ObamaCare too constantly harps on “quality.” Politicians seem to think that payment […]
Gun, Partner!
As I have written so many times before, I am writing this article while sitting on an airplane I guess this is my quiet time, with no text messages, phone calls or emails that need to be answered immediately! Well, times sure have changed since I began writing for The Insurance Advocate over eight years ago. […]
Advertising Injury Requires a Fortuitous Loss
Defendants Business Saved by Brilliance of Insurer I have over the last 1700 posts to this blog advised against entering into a stipulated judgment and granting a viable defendant a covenant not to execute in the hope of a windfall judgment from the insurer who refused to defend and indemnify the insured. In Auto-Owners Insurance […]
Chunk of Concrete That Fell Off Dump Truck Does Not Qualify for SUM Coverage
Matter of Ean Holdings LLC v Joseph Edited by Lawrence N. Rogak While driving a rental car, claimant was struck by a chunk of concrete that fell off a dump truck, crashed through his windshield and took out his left eye. He filed for UM arbitration and Enterprise Rent-A-Car moved for a stay. The Court […]