Did you know that the Federal Emergency Management Agency’s substantial damage rule applies to any building damage … not just flood damage? That’s right, even common homeowners policy perils such as wind, fire and/or water damage could trigger the requirement for a...
Whether they are being spoken, written or posted online, the words we say have an impact on others—and on the ways others perceive the ones sharing those words. Personally and professionally, we have each felt the impact of what others have said about us, to us...
When independent insurance agents earn specialized designations, they elevate their skills to expert status on the national level. There are plenty of designations that insurance agents can earn, and the Certified Professional Insurance Agent designation through the...
When we hear the term risk management, typically we think of enterprise businesses or large commercial businesses that have teams of risk managers—and which are way more sophisticated than small- to mid-sized businesses. The Oxford Dictionary’s definition of risk...
Insurance for trucking risks can be extremely confusing to insurance agents unless they are prepared and knowledgeable about the coverage. In addition to general knowledge about the risk, insurance professionals must know the underwriting guidelines and...
Independent agents need to pay attention to business ethics. Remember, if you act unethically, even if it’s unintentional, you could tarnish your credibility as an insurance professional, you could hurt the reputation of your agency’s brand and you even could find...
Agency websites vary in content and design. Some offer information, while others are capable of binding insurance and delivering policy forms to insureds. Some states have promulgated rules, guidelines and commentary designed to lead insurance producers through the...
Recently, the New Jersey Superior Court ruled in favor of an insurance producer when the affidavit of merit filed against the producer was not in compliance with law. The case of Ganguly’s Taekwondo Academy Inc., etc., v. JAL Insurance Services involved the owner of a...
