Rough Notes

FROM THE GROUND UP

FROM THE GROUND UP Washington agency owner wins Liberty Mutual and Safeco Insurance Agent for the Future Emerging Leader award “In the insurance industry, certain dedicated young professionals stand out The post

Posted: Feb 28, 2022

CANNABIS IN A HARD MARKET 

WHEN THE SMOKE CLEARS: COVERING CANNABIS IN A HARD MARKET Both carriers and the cannabis industry try to quantify and cover risks with favorable conditions and pricing By Lori Widmer The post

Posted: Feb 28, 2022

POWER, PASSION, AND PURPOSE

POWER, PASSION, AND PURPOSE Award-winning agency principal pursues excellence in work and life By Elisabeth Boone, CPCU Surprised … grateful … proud … and determined to be worthy of the The post

Posted: Feb 28, 2022

AGENCY PODCAST NETWORK

AGENCY INTELLIGENCE PODCAST NETWORK Podcast group offers 10 different shows in one convenient location By Christopher W. Cook Not being a podcast guy myself, I had no idea of the The post

Posted: Feb 28, 2022

THE NEW HO-14

    IS THE NEW HO-14 BETTER THAN THE HO-4? New exposures require a “facelift” of the Homeowners Program     By Dustyne Bryant, MBA, CIC, CISR [I]nsurance professionals know The post

Posted: Feb 28, 2022

MENTAL HEALTH SUPPORT

MENTAL HEALTH SUPPORT IN EVERYDAY INTERACTIONS Starting conversations, uplifting lives By Thomas A. McCoy, CLU In January, we reported on the growing interest in providing mental health support in the The post

Posted: Feb 28, 2022

QUESTIONS TO ASK ABOUT CULTURE AND BEHAVIOR

TOP FIVE QUESTIONS YOU NEED TO ASK ABOUT YOUR CULTURE AND YOUR BEHAVIOR Finding success in an age that demands collaboration Complacency is hazardous. You, your attitude, your work ethic The post

Posted: Feb 23, 2022

DON’T FREAK OUT 

DON’T FREAK OUT  Understanding the 3 key stages of the claims reporting process can boost customer satisfaction and retention By Chris Hale While your clients may purchase insurance hoping they The post

Posted: Feb 02, 2022

Coverage denied for intentional acts

INSURANCE-RELATED COURT CASES Digested from case reports published online COURT DECISIONS Coverage denied for intentional acts Katy Wessel and John Mehan held a homeowners policy issued by Farmers Insurance Exchange. They were The post

Posted: Feb 01, 2022

Cyclist or pedestrian?

INSURANCE-RELATED COURT CASES Digested from case reports published online COURT DECISIONS Cyclist or pedestrian? Todd McLaughlin was riding his bicycle on a Seattle street when the door of a parked vehicle opened The post

Posted: Feb 01, 2022

Sewage backup defeats exclusion

INSURANCE-RELATED COURT CASES Digested from case reports published online COURT DECISIONS Sewage backup defeats exclusion A provision found in just about every commercial and personal property insurance policy issued in Ohio that The post

Posted: Feb 01, 2022

No UIM coverage and a missed flight

INSURANCE-RELATED COURT CASES Digested from case reports published online COURT DECISIONS No UIM coverage and a missed flight In the early morning, Kevin McGrath was traveling from his home in Lowell, Vermont, The post

Posted: Feb 01, 2022

CONSISTENCY—THE HOLY GRAIL

CONSISTENCY—THE HOLY GRAIL The relationship between consistency and efficiency The most important safeguards of consistency are the establishment of metrics for performance and auditing for compliance. Inside Matters By Mary The post

Posted: Feb 01, 2022

A BLUEPRINT FOR IMPROVING BRAND TRUST

A BLUEPRINT FOR IMPROVING BRAND TRUST Trust: the new “marketing currency” [B]randing is the process of establishing what you and your company stand for. Beyond Insurance By F. Scott Addis, The post

Posted: Feb 01, 2022

MAKING THE MOST OF A HYBRID AGENCY ENVIRONMENT

MAKING THE MOST OF A HYBRID AGENCY ENVIROMENT Learn how to optimize your software to profitably run your agency Rocking the boat now may slow some people down, but what The post

Posted: Feb 01, 2022

RISK OF COMPLACENCY

THE RISK OF COMPLACENCY Addressing the enemy of excellence and the most significant threat to any business   Checklists … ensure that the essential tasks get done. Even if a The post

Posted: Feb 01, 2022

RUNNING ON EMPTY

RUNNING ON EMPTY It’s time to reinvigorate yourself and your team Think of your energy as if it were a bank account—you are either making deposits and building up your The post

Posted: Feb 01, 2022

ACTUARIES AT PLAY

ACTUARIES AT PLAY! NAIC publishes a white paper that outlines pretenses of rate review   The paper provides 55 pages of “best practices” for the … “reviewer” who wants to The post

Posted: Feb 01, 2022

HAVE YOU REALIZED YOUR POTENTIAL?

HAVE YOU REALIZED YOUR POTENTIAL? The key is to take what’s possible and make it highly probable If there’s a gap between your potential and your actual results, it’s time The post

Posted: Feb 01, 2022

WRITING FARM INSURANCE

WRITING FARM INSURANCE REQUIRES A DIFFERENT APPROACH Family farms feature both personal and commercial risks   By Casey Roberts, CIC, ACSR, AFIS High property values, protection classes, older properties, and The post

Posted: Feb 01, 2022

LESSONS FROM THE FAMILY OFFICE

LESSONS FROM THE FAMILY OFFICE Looking for benchmarks that can help your agency or brokerage serve clients better? Look to the affluent for advice By Lori Widmer In many ways, The post

Posted: Jan 31, 2022

THE SECURITY FIRM INSURANCE MARKET TIGHTENS

THE SECURITY FIRM INSURANCE MARKET TIGHTENS What will become the next high-risk location remains an elusive question By Lori Widmer It remains the deadliest mass shooting in mod   ern U.S. The post

Posted: Jan 31, 2022

CAN YOU RELATE

CAN YOU RELATE? What two agents say about the “Triangle of Trust” in surety By Darrel K. Lamb, CPCU, AFSB “Relationship” might be the most-overused word in American business (followed The post

Posted: Jan 31, 2022

SELLING BENEFITS BETTER

SELLING BENEFITS BETTER What to do when the old ways of selling just don’t work anymore By Marcus Newman, RHU, CBC The world of employee benefits has changed, and continues The post

Posted: Jan 31, 2022

POSITION YOURSELF TO WIN WITH EVERY CUSTOMER INTERACTION

POSITION YOURSELF TO WIN WITH EVERY CUSTOMER INTERACTION Create an action plan to retool everyone and everything within your agency or firm By Troy Korsgaden As brokers, agents, and advisors, The post

Posted: Jan 31, 2022