Operating an Insurance Agency

7
Apr

Insurance Lead Provider Being Sued for Unwanted Text Messages

This Article first appeared on Legal Newsline and can be found by clicking here. LOS ANGELES (Legal Newsline) – A California attorney known for frequently filing lawsuits over unwanted telephone solicitations is at the center of a class action complaint alleging similar violations. Last week, Todd M. Friedman filed, as a plaintiff, a class action complaint in the U.S. District Court

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6
Apr

Bakersfield California Insurance Agent Arrested for Suspected Fraud

BAKERSFIELD, Calif. (KBAK/KBFX) — A local insurance agent was arrested, accused of stealing customers’ premiums and not providing the coverage purchased. Jose Luis Yanez, Jr., 36, of Bakersfield surrendered and was arraigned on March 29th. Department of Insurance investigators say they found evidence that he accepted cash for premiums, but did not provide the coverage.

23
Feb

Google Compare Shutting Down Insurance Site According to Partners – Insurance Journal

It appears Google Compare’s grand experiment in online comparison shopping for auto insurance is dead – for now at least. Two of its major partners were told today that Google Compare is shutting down its online shopping comparison undertaking. A Google spokesman couldn’t be immediately reached for comment. An official announcement from Google is expected to be made on Tuesday.

22
Feb

What makes your insurance agency different from the competition?

Years ago, a mentor of mine would say the independent agent space was like a cult, because we all say the same thing when asked to explain why we’re different: “We have great service, we’ve been in business for ‘X’ years, we’re active in the community, and if you ever have a claim, I’ll be there for you.” Independent agents, does

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15
Feb

3 reasons that new piece of technology in your Agency won’t make a difference

Let’s be honest, we’ve all done it. You see that shiny new piece of technology that will “transform your agency,” but two months later you regret making the purchase. Did you ever decide that Facebook, LinkedIn or Twitter would make your phones ring off the hook, only to quit after week three of the mission?

23
Mar

5 things the fastest growing insurance agencies have in common

Over the past 8 years, I’ve spent time in more than 600 independent agencies as a consultant or vendor. Seventeen years of insurance production gave me a ton of experience, yet there’s still so much to figure out. Early in my career, the one thing that kept me interested in the business was the ability to learn every day. Insurance

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17
Jun

Loans for your Insurance Agency just got easier

We receive a lot of calls from agents about borrowing for acquisitions, debt consolidation, growth and other needs. We recently met a bank that has a great lending program that will change the way agency lending has been viewed over the years. Here are some highlights of the program: Express loan program – Loans up to $75,000 via an express loan

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23
Dec

9 Mo. Results Show Industry Set for Best Post-Crisis Year for P&C Industry

Our friends at Property Casualty 360 have a great article on their site today about how 2014 will be the best year in the P&C industry since the great recession hit. Here are a few snippets from the article: – Driven by lower catastrophe losses and higher premiums, profitability in the private U.S. property and casualty insurers’ market rose sharply

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30
Nov

How can Insurance Agencies Successfully Implement and Utilize Technology?

As we travel the country and work with countless insurance professionals, we commonly hear excuses for lack of production. Three of the most common are; time, lack of competitive products (price), and the need for more tools. The ironic thing is that in many cases, there are tools and technology in the agency not being used properly, or at all.

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13
Nov

MarshBerry Survey Reveals an Optimistic Marketplace: Part 1

In June of this year, MarshBerry launched its 28th Annual Market & Financial Outlook Survey in conjunction with Insurance Journal. The survey compiled anonymous general independent agency information along with financial, market, carrier and technology data. Initial data shows that 2012 and 2013 brought a much needed lift to the insurance distribution space creating optimism within the industry.