Are your insurance agency clients properly protected if they are in an...
Each year, approximately 3% of E&O claims against agents deal with the Uninsured Motorist line of business. As you will note in the attached 2011 Uninsured Motorists Study from The Institutes’...
View ArticleDo your insurance agency clients understand Uninsured / Underinsured...
When you examine the details behind the Agents E&O claims involving personal auto, there is no doubt that claims involving uninsured / underinsured motorists coverage are very common. As you are...
View ArticleUnmarried couples living together – is the insurance properly structured?
Certainly one of the issues (and challenges) that carriers and agencies need to address involves changes that occur in our society. Among those changes is the greater potential today for one of the...
View ArticleGuess what age group wants your personal and professional service?
An article in the June 2013 issue of PropertyCasualty360.com addressed some very interesting results from a recent survey of 4,000 US auto and homeowners consumers. Here are some that I found...
View ArticleCustomers Switching Auto Insurers Unhappy with New Prices: J.D. Power
Attached is a segment of an interesting article that appeared on www.insurancejournal.com on April 24 regarding customer loyalty and the importance of customer satisfaction. “Customers who switch auto...
View ArticleDoes Automobile Insurance Follow the Car or the Driver?
The following is an excerpt of an excellent article authored by Gary Wickert, an insurance trial lawyer and a partner with Matthiesen, Wickert & Lehrer, S.C., that appeared on www.claimsjournal.com...
View ArticleKids going off to college – any insurance issues?
Without wishing the summer away, it does seem like it will only be a matter of time (a short matter) before you have some customers sending their kids off to college. For virtually all parents (and for...
View ArticleDriverless cars – a new personal lines exposure
You may have heard that “driverless cars” are a thing of the future. Well, as you will note in the attached article authored by Ma Jie, Alan Ohnsman and Craig Trudell that appeared on...
View ArticleMake account rounding fun and rewarding for your staff
In the world of Agents E&O, in the vast majority of the claims, it is what “is not covered” that is going to result in an E&O claim. Maybe the underlying claim involves jewelry where there is...
View ArticleE&O Insights: Personal Lines Generates More Errors & Omissions Exposure than...
This is an excerpt from an Insurance Journal article that I authored in the November 16, 2015 edition. “Most agents’ errors and omissions (E&O) carriers report that commercial lines generates the...
View ArticleHow many cars on the road have only the minimum state required limits?
Unfortunately, I don’t have the answer to this question but I would have to believe that it is a higher number than we would like to believe. Actually, in a study done in 2014, it was indicated that...
View ArticleIn 5 States, 20% or More of Drivers Have No Insurance; Countrywide Average...
Every day, we get behind the wheels of our car and venture off to work, vacation, run errands, etc. Personally, there is an expectation that every car I see has at least the minimum limits of liability...
View Article
