An admitted carrier in Texas tried to nonrenew a commercial umbrella policy that was due to renew in 30 days. However, the Texas insurance code says insureds must be notified of a nonrenewal 60 days before renewal. When the agent mentioned this, the carrier said it would extend coverage for another 30 days and then…
By Alicia Chandler The recent rate cuts by the Federal Reserve have prompted more agency owners to think about ways to grow their businesses. With the cost of borrowing starting to ease, many agency owners feel now may be the time to take a chance on new growth initiatives aided through debt financing. Not all lenders are…
The industry must begin to rebuild relationships, truly committing to providing a better customer experience through transparency, education and innovation.
Paul Baccaro is the co-founder and CEO of Social Jazz. He is a lifelong tech junkie and spent the past 20-plus years building online products and taking them to market.
While cleaning a water tank, a contractor accidentally left the water outlet open. Sandblast media entered the city water supply and contaminated products in a cheese manufacturing facility.
If those experiencing the pain points aren’t involved in validating the proposed tech solution, a lot of time and money can be wasted.
Like elections in the past, this one will not impact agency values—but fiscal policy could impact the portion owners take home.
Does a nonprofit organization that has a workers compensation policy in force also need uninsured/underinsured motorist coverage?
Should the uninsured motorist/underinsured motorist limits match those on the bodily injury and property damage liability coverage?
By Daniel Smith Newspaper ads. The Yellow Pages. Billboards. TV commercials. Magazine ads. If you’ve ever watched the show “Mad Men,” you may have some nostalgia for the Golden Age of advertising. In the 1960s, ad copy and television were the kings of marketing. In 1967, AT&T introduced the 1-800 number and phone call marketing…
