Agency Management

Are Your Employees a Flight Risk?

It’s hard to find and keep great employees. Just when you relax a bit, thinking you’re fully staffed and everyone’s happy, someone gives notice. Or perhaps an applicant you’ve offered…

Working with Adjusters to Get Claims Settled

Agency personnel have typically taken one of three approaches to agency claims handling – a hands-off approach – “It’s between you and the insurer”; an overly involved approach, focused on…

The Scourge of Social Inflation

Social inflation refers to factors unrelated to general inflation in the economy that underlie rising court awards. Although there are some who deny the existence of social inflation, the preponderance…

Addendums to COIs: Bad, But…

Agents may be asked to complete an addendum to a certificate of insurance; in fact, the agency may almost be forced to do so. Should the addendum be completed? The…

Left right human brain concept. Creative part and logical part with social and business part. Creative art brain explodes with paint splatter. Mathematical successful mindset with formulas.
Left right human brain concept. Creative part and logical part with social and business part. Creative art brain explodes with paint splatter. Mathematical successful mindset with formulas.

Inadequate Replacement Cost – An Indirect Result of COVID

COVID-related supply chain issues have dramatically increased the cost of building materials. The result, replacement cost limits on property policies may be too low for the foreseeable future. How should…

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