Monthly Archives: April 2014

Customers Starting to Feel They’re Not Getting the Savings Promised in Auto Insurance Ads

Author: Phil Gusman, Property Casualty 360 – Auto insurance consumers are bombarded with advertisements promising savings—and most who shop for coverage do indeed tend to choose the cheapest option—but more customers are beginning to feel they’re not getting quite the amount of savings they should, a study says. Customers Starting to Feel They’re Not Getting… Read More: Customers Starting to Feel They’re Not Getting the Savings Promised… »

Federal Control of P&C Insurance Industry Coming?

Thanks to our friends at Insurance Business America: “The freshly minted Federal Insurance Office (FIO) is making its first moves toward the auto insurance sector. In an April 10 notice posted to the Federal Register, the FIO announced it is undertaking a study to examine the affordability and availability of auto insurance to what it… Read More: Federal Control of P&C Insurance Industry Coming? »

Fit for the road: Older drivers’ crash rates continue to drop

Today’s older drivers are not only less likely to be involved in crashes than prior generations, they are less likely to be killed or seriously injured if they do crash, a new Institute study shows. That’s likely because vehicles are safer and seniors are generally healthier. It’s a marked shift that began to take hold… Read More: Fit for the road: Older drivers’ crash rates continue to… »

Wage & Hour Lawsuits Hit Employers Hard

A new report from employment law firm Seyfarth Shaw reveals class-action lawsuits in wage and hour law cases are seeing pronounced increases over 2013. According to Gerald Maatman, co-chair of Seyfarth’s Class Action Defense group and author of the report, wage and hour cases grew exponentially in 2013 and are continuing to burden industry in 2014. Wage… Read More: Wage & Hour Lawsuits Hit Employers Hard »

IRMI – 25 Risk-Conquering Ideas

25 Risk-Conquering Ideas

Allied Premier Business Owners Policy Coverage Highlights

Allied Premier BOP Coverage Highlights

The 2013 Insurance Fraud Hall of Fame

Just when you think you’ve heard the worst-ever tale of bad behavior and that nothing new could possibly surprise you, guess again. Get a load of these low lives who have managed to commit some truly depraved acts of insurance fraud. Pay particular attention to the two fellows in the page 1 rogues gallery, Armin… Read More: The 2013 Insurance Fraud Hall of Fame »

When you say you are a “value added” business, what does that mean?

It means that we make the effort to add a positive additional value to our insurance products and customer service – which otherwise might be labeled “average” or “plain vanilla.” Most of us perform some level of value adding in our daily lives without giving it a second thought. It can take the form of a warm… Read More: When you say you are a “value added” business, what… »

Carriers Don’t Inform Agents of Predictive Loss Modeling

Property/casualty insurers are making sweeping changes in their loss prediction practices, increasing the use of computer modeling programs in every line of business. But less than half of the companies inform their agents of these changes in a timely manner. This, in a new survey from Towers Watson. “That could be a major problem for agents, said Klayton Southwood,… Read More: Carriers Don’t Inform Agents of Predictive Loss Modeling »

OPD reminds residents of proper golf cart usage

The Oskaloosa Herald OSKALOOSA, IA — With rising gas prices, many motorists may look at alternative modes of transportation. The Oskaloosa Municipal Code does permit the use of golf carts on public streets, but as with motor vehicles, there are ordinances that govern their use on city streets. Golf carts must have: – See more at: … Read More: OPD reminds residents of proper golf cart usage »