Blogs
Specialty Insurance Blog: Insurance Agent Ranks Steady
The challenging economy and the soft insurance market have taken their toll, and consolidation continues to impact distribution, but the independent insurance agency system is alive and well. While consolidation continues to reduce the number of independent agencies, insurance agents continue to
The Big Guys Are Still Fighting the Fiduciary Standard -- Seeking Alpha
<strong><a href='http://www.sensibleinvestments.blogspots.com/'>Lawrence Weinman</a>submits:</strong><p>I have written several times about the prospect of including the fiduciary standard as a standard for stockbrokers and insurance agents. Despite the senate passing the new law on financial
Specialty Insurance Blog: Top 50 Health Insurance Blog
The Specialty Insurance Blog was recently named as a top 50 health insurance blog (see here). We appreciate the support from our readers. Specialty Insurance Expertise: Tennant Risk Services Supporting Insurance Entrepreneurship: Tennant Capital Partners
Specialty Insurance Blog: Insurance Agency Startup Assistance
Starting a new insurance agency or broker is a challenge, even for the most experienced industry expert. The hard part is putting business on the books, but there are numerous details to address before an agency can begin to sell insurance. Getting insurer appointments, raising capital, and
Specialty Insurance Blog: Client Expectations & E&O Claims
For many professions, not meeting client expectations is not just bad service, it can translate to a lawsuit and trigger professional liability insurance. Insurance agents are no different. An article in American Agent & Broker talks about client dissatisfaction and insurance agents E&O claims (see
Specialty Insurance Blog: The Elusive Market Turn
As we start the new year, the elusive market turn is on the minds of all insurance professionals. The 2009 combination of a tough economy and an intensely competitive insurance market was not kind to most insurance organizations, and 2010 is not showing any signs of change. So when will a change
Specialty Insurance Blog: Insurance Agents E&O Claims Reminder
During this soft market, insurance agent claims are probably not top of mind, but they can come unexpectedly and obviously impact insurance agents E&O (professional liability) coverage. A recent article in Insurance Journal (see here) points to some frequent causes of insurance agents claims and
Stockbrokers, Insurance Agents and Fiduciary Standards -- Seeking Alpha
<strong><a href='http://www.sensibleinvestments.blogspots.com/'>Lawrence Weinman</a>submits:</strong><div><div><a href="http://static.seekingalpha.com/uploads/2010/2/18/saupload_wsjj.jpg"><img src="http://static.seekingalpha.com/uploads/2010/2/18/saupload_wsjj_1.jpg" align="right" style="padding:
Specialty Insurance Blog: Insurance Agents E&O Claim Trigger
We came across an article on insurance agents E&O (errors & omissions, or professional liability) with some misleading information. The article, which unfortunately is not available on the web, states that receipt of a subpoena is a claim under an insurance agents E&O policy, and therefore should
Specialty Insurance Blog: Agents Want Quality Claim Service
A new survey of independent insurance agents by Channel Harvest places quality claims service as the most important factor (see here): The survey — "How Independent Agents View Carriers: The Super-Regionals" — polled nearly 1,100 agents in all 50 states, and asked 100 questions about various
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