Agency has no duty to procure coverage it did not agree to obtain(In June, the Wisconsin Supreme Court helped insurance agents who help themselves. Its decision in the following case teaches prudent agents and brokers to write summaries of important
A properly chosen personal umbrella policy is the single best tool for plugging liability coverage gaps in underlying auto, homeowners and other personal policies. Determining each client's insurance gaps and then
Ah, September! The breath of fall first appears in the air, football fans reach for the remote and parents celebrate their "I truly love them, but enough already" children's return to school. Judging from an e-mail containing several agent inquiries
XL unveils environmental policy for airports' fixed-base operatorsXL Insurance, the global insurance operations of XL Capital Ltd., unveiled a pollution insurance program designed to address environmental exposures of fixed-base operators (FBOs) and
The Jacksonville-based Brightway Insurance Group has announced that it will continue its aggressive expansion plan with the goal of having 150 offices across the state by 2010. Brightway was founded
It has been five years since Florida lawmakers decided to insert a provision into the insurance code calling for Florida's Motor Vehicle No-Fault law to sunset as of October 1, 2007, unless state
(This article was adapted from Mr. Baker's presentation at the AMS Users' Group's National Conference, which was held in March in Orlando, Fla.) Before we get started, I'll make a confession--I am a recovering
Hurricane Katrina, the huge influx of liquidity into financial markets, the investigations into bid-rigging and the precipitous decline in national multiline P&C carriers will significantly affect the way independent agencies operate in coming years.
In the ever-changing world of technology, electronic gadgets are everywhere. Cell phones, faxes and other paraphernalia are constant reminders that our wired society is connected 24/7. All this technology has implications for how well agencies
According to a recent survey of insurance industry senior executives, a majority of respondents indicated technology is a critical element of their strategy for improving competitiveness. That's not s