In the June 2006 issue of Malecki on Insurance, Don Malecki covers the history of the loss payable clause and discusses how important it is to ask specifically for the loss payable endorsement rather than just asking to be a loss payee. In general, loss p
For a low-cost, high-yield way to take stock of your agency’s branding efforts, create your own informal board of advisors. A board not only helps you identify new opportunities, it also keeps you from reinventing the wheel by making needless mistakes bec
It’s the time of year when state legislatures and Congress are hard at work tinkering with insurance laws. I believe that the mantra of each of these deliberative bodies should be: First, do no harm. Under the guise of protecting consumers, some measures
By: Volume 104, No. 2
Dwayne David is as much a news reporter as he is an insurance agent. Three times a year, the owner of Knox Insurance Group in Lafayette, La., travels to Seattle to meet with the head underwriter of one of his carriers. He also visits other locales where a
To determine Coverage A under a homeowners policy, one must estimate the replacement cost of the dwelling…
It’s a whole new ball game in Washington, D.C. Democrats, fresh off of their breakthrough election victory in November, have taken the keys to the Capitol from the Republicans who had held them for the previous 12 years. But as the saying goes, the more t
Are you ready to start thinking seriously about your agency’s brand? The first step is to identify the strengths and opportunities within your agency’s current brand and determine its distinguishing factors. You can then begin to position the brand for yo
In 1957 I fell madly in love for the first time. I was 8, and her name was Doris Day. One summer afternoon my mother and I were in her car, a 1955 red and white Ford Fairlane, riding through the streets of our hometown, Havana, Cuba, when the radio statio
Recently Freddie Mac announced it will no longer accept ACORD evidence of insurance forms. Similarly, Bank of America also decided to no longer accept ACORD certificates of insurance or evidence of insurance forms. During 2006, E&O claims involving cer