Rough Notes

CYBER CLARITY NOT CLEAR

CYBER CLARITY NOT AT ALL CLEAR Carrier efforts to draw the lines can’t erase the gray areas  “Cyber” entails an augmentation of ourselves, the use of computer technology and information The post

Posted: Nov 14, 2022

UNDERSTANDING GENERATIONAL PERSPECTIVES

UNDERSTANDING GENERATIONAL PERSPECTIVES … A KEY TO YOUR LEADERSHIP SUCCESS Guidelines to bridge the generational perspectives gap                           The post

Posted: Nov 03, 2022

Provide Underwriters Great Service

FIVE WAYS TO PROVIDE UNDERWRITERS WITH GREAT SERVICE  Tips for staying out of the “do not process” pile Agents routinely expect a lot from their underwriters. … There are also  The post

Posted: Nov 03, 2022

A tangled tale

INSURANCE-RELATED COURT CASES Digested from case reports published online COURT DECISIONS A tangled tale On October 14, 2018, Megan Johnson and Terri Reed were involved in a collision while in Johnson’s vehicle. The post

Posted: Nov 03, 2022

Arbitration agreement put to test

INSURANCE-RELATED COURT CASES Digested from case reports published online COURT DECISIONS Arbitration agreement put to the test Fiona Trinity sued Life Insurance Company of North America (LINA), Zenfira Kadzhikyan, and Lucine Nikogosian The...

Posted: Nov 03, 2022

Bad news for provider

INSURANCE-RELATED COURT CASES Digested from case reports published online COURT DECISIONS Bad news for provider Mecosta County Medical Center, d/b/a Spectrum Health Big Rapids (and others), sued Metropolitan Group Property and Casualty The...

Posted: Nov 03, 2022

ATTRACTING, DEVELOPING, RETAINING TALENT

ATTRACTING, DEVELOPING, AND RETAINING THE BEST TALENT Recurring themes among agencies While people issues may be one of the greatest challenges for agencies, they also provide tremendous opportunities to have The post

Posted: Nov 03, 2022

Can You Spare a Dime

UNCLE, CAN YOU SPARE A DIME? NAIC panhandles for federal grants to fund health parity regulation Congress already provided states the premium tax carrot. It is time to use the The post

Posted: Nov 03, 2022

OWN YOUR POTENTIAL

OWN YOUR POTENTIAL The biggest lie: You can be anything you want to be Realizing or owning your potential is one of the great responsibilities in life.   By Dr. The post

Posted: Nov 03, 2022

FAIR, ACCURATE, AND EFFECTIVE

FAIR, ACCURATE, AND EFFECTIVE Eliminating “unfair” rate subsidies can improve a program business book Program managers need to conduct actuarial reviews to ferret out rate subsidies and develop underwriting guidelines The post

Posted: Nov 03, 2022

Lessons learned from the pandemic

Customer demand for simplicity, flexibility, and transparency across all aspects of the insurance experience has been pushing the industry to change how it does business for some time. A silver The post

Posted: Nov 03, 2022

SMALL-TOWN VALUES

Members of the First MainStreet Executive team. From left: Duane Smith, Chairman: Randy Rings, Chief Legal Officer and Secretary: Dru Bridges, Executive Vice President; and Dan Driscoll, Director, Strategic Expansion.  The post

Posted: Nov 03, 2022

AI HAS BEEN INTERWOVEN

FIVE WAYS AI HAS BEEN INTERWOVEN INTO THE INDUSTRY Artificial intelligence is not going away and not embracing the technology is simply not a viable option  [T]hink of the amount The post

Posted: Oct 26, 2022

 OVERHEAD AND PROFIT

 OVERHEAD AND PROFIT Insurance logic that strains logic To agents and brokers is left the uneasy task of explaining the vagaries of insurance economics to clients in severe need. You The post

Posted: Oct 18, 2022

CRE MARKET OUTLOOK

CRE MARKET OUTLOOK: NON-ADMITTED COVERAGE IS NO LONGER THE LAST RESORT Insureds with hard-to-place risks have become comfortable with the non-admitted market because it offers a viable coverage option  While The post

Posted: Oct 06, 2022

Motorcyclist’s injury claims questioned

Motorcyclist’s injury claims queried INSURANCE-RELATED COURT CASES Digested from case reports published online   Patrick Sandidge and Sara Tharp were involved in a motor vehicle accident on September 1, 2017. Sandidge was The post

Posted: Sep 30, 2022

Bad night for Big Daddy

Bad night for Big Daddy INSURANCE-RELATED COURT CASES Digested from case reports published online   On July 5, 2015, William Spence drank alcohol at Big Daddy’s Show Club and drove away in The post

Posted: Sep 30, 2022

Truth and consequences

Truth and consequences INSURANCE-RELATED COURT CASES Digested from case reports published online   Meemic Insurance Company filed a subrogation claim against Angela Jones, seeking to recover from Jones money it had paid The post

Posted: Sep 30, 2022

WHEN NOT IF OF CYBER RISK

THE “WHEN” NOT “IF” WORLD OF CYBER RISK The statistics are startling; the role of cyber risk consultant is now critical By Carolyn Smith, TRA, ASA Many small business owners The post

Posted: Sep 30, 2022

A TALE OF TWO AGENCIES

A TALE OF TWO AGENCIES Making the most of bad times by preparing in the good times By Mary Belka, CPCU, ARM, ARe, RPLU, CIC, and Cheryl Koch, CPCU, ARM, The post A TA...

Posted: Sep 30, 2022

CYBER RISK

CYBER RISK: THE GOOD, THE BAD, AND THE UGLY From common causes of data breaches to avoiding cyber mistake  By Randy Boss, CRM, MWCA, SHRM-SCP When I started my career The post CYBE...

Posted: Sep 30, 2022

MANAGER’S ROLE IN MOTIVATION

THE MANAGER’S ROLE IN MOTIVATION   What you can and can’t do to get people to do their best work By Kimberly Paterson, CEC Getting people to do their best The post

Posted: Sep 30, 2022

TRAINING TO LEVERAGE TECHNOLOGY

TRAINING AGENCY AND BROKERAGE STAFF TO LEVERAGE TECHNOLOGY Unlock your firm’s full potential By Ruth E. Phillips, CPCU, CIC, CISR, AAI Agency and brokerage staff need technology training to unlock The post

Posted: Sep 30, 2022

WHAT DO YOU WANT?

WHAT DO YOU REALLY WANT? Assuming you know, are you willing to pay the price? [I]f you try to sell someone what they need but they don’t want it, they’re The post WHAT DO YOU...

Posted: Sep 30, 2022

E&O RISK IN CYBER

THE GROWING E&O RISK FOR AGENTS IN CYBER In an evolving market, the risks agents face are changing quickly, too By Bill Haber In its February 2022 issue, Rough Notes The post

Posted: Sep 30, 2022