Agency Management

COVID has affected many areas of life in the US, one is the cost of building materials. Regardless the reason, the cost to rebuild a structure has increased dramatically over…

ISO’s Commercial Property Conditions (CP 00 90) gives the insured up to two years to file suit against the insurance carrier. Should the agent advise their insured on this limitation?…

COVID and the government actions that resulted were never anticipated, but now it has happened. Such government actions are now a known exposure, what must the agency do to going…

An agent asks – I received a proof of insurance request from Certificial. They no longer accept COIs. They require us to sign onto their platform and enter in their…

In recent months, this has become a hot topic: Can our agency cancel or non-renew a nightmare client?

An agent asks: I sold a life insurance Trust UL policy many, many years ago. The Doctor recently died. He had Option B (option 2). The face amount was $500,000…

Insurance policies are subject to the standard law of contracts but beyond simple contract law, insurance contracts are bound by unique provisions and requirements specific to insurance. An understanding of…

This 36-page Big “I” Virtual University Risk & Reality Report was created by Danny Cook, an agent in Lumberton, North Carolina for more than 20 years. In October 2016, Hurricane…

Certificates of insurance account for more headaches at the agency level than just about any other issue. Because COIs create so much angst, the VU regularly conducts webinars regarding them.…

Insurance carriers spend in excess of $6.7 billion on advertising. Progressive alone spends over $1 billion. Most of this advertising is about price and how much the insured can save.…