https://completemarkets.com/Article/article-post/648/Eleven-Workers-Compensation-Issues/
...isclassification of Independent Contractors: A Hot Issue. Both federal and sta...r to force employers to reclassify contractors as employees and seek unpaid ta...
https://completemarkets.com/Article/article-post/425/Is-Bank-Insurance-Working/
... Bank-Insurance Working?4/30/2013 by CompleteMarkets Editor , James Campbell This content has not been rated yet. Believe it or not, the current era of bank-insurance is seven years old. In March of 1996 the Supreme Court decision in Barnett Bank of Marion County, N.A. v. Nelson triggered a flurry of activity and debate as banks began to seek their place on the insurance distribution landscape. Find out what has happened since then in this article by James Campbell. Let's begin with what hasn't happened. Banks have not, as some predicted, seized control of the insurance distribution business, driving traditional agents and brokers to the verge of obsolescence. Nor have they lost their appetite for the business, as others expected. The truth, according to the American Bankers Insurance Association ( ... Burke LIG Marine Managers USG Insurance Services, Inc. NIF Group Inc. PRS High Hazard/High Risk Workers' Compensation Business Insurance Insurance for Individuals and Families Personal Finance Search Titles only Search author Search Titles and content Show Results Loading.. Similar Articles Let's Talk About Agency Procedures Again Dress For Success' – The Hidden Bias In The Job Interview Calculating Agency Value Purchase And Sale Agreement Part I Independent Contractor Producer Agreement Content Packages This article is part of the IMMS Library , which contains more than 2451 documents published by industry-leading authors. (Hidden) Categories Benefits & Financial Services (53) Commercial Lines (93) Communications (629) Customer Service (530) Financial/Accounting (314) General Articles (572) Human Resources (652) Insurance Careers (36) Legal and E& ...
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... tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Eleven Workers Compensation Issues 4/30/2013 12:00:00 AM by CompleteMarkets Editor , Preston Diamond This content has not been rated yet. When the nation's legislative landscape was dominated by health care reform and relatively stable Workers Compensation rates in 2010, Workers Compensation fell off the radar screen. However, a more careful review points to challenging times. Here are 11 issues that bear watching. 1. Declines in Frequency of Claims Slowing. According to insurers, the long-term trend of declining claims frequency (claims filed per employer payroll) is flattening. This is ... to create timely communications that focus on trust, job security and entitlement to medical care and income benefits. Communicate in a clear and timely fashion about the status of the claim to prevent misunderstandings so the worker does not mistakenly conclude that the claim has been denied. Eliminate system features that encourage denials or payment delays to help prevent worker's misconstruing a delay as a denial. 7. Misclassification of Independent Contractors: A Hot Issue. Both federal and state agencies stepped up their oversight of the classification of independent contractors in 2010. In addition, the number of worker class-action lawsuits against employers relating to independent contractors rose 50% in the same year to a record 300 according to Garry Mathiason, vice chairman of labor law firm Littler Mendelson. According to a USA Today article, "States, feds ...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/70/If-The-Niche-Fits-Designing-The-Niche-Program-Questionnaire/
... attitude that small accounts are a waste of time will change as technology becomes more sophisticated. Do your homework Before you find a market, the first step is to assess the potential of a specialty program. I cannot stress enough the importance of market research. Start by finding out how many insureds fit your niche program. How many tow truck operators do business in Arizona? What's the number of landscapers working in California? How many nonstandard auto drivers are there in Washington? How many accountants are there in California who need Professional Liability insurance? What about the number of new-car franchised auto dealers compared with the number of used-car auto dealers? The next questions you should ask: How much effort will go into putting the program together? What are your expectations for it? How much will it ... and implement specialty niche insurance programs in both Personal and Commercial Lines: Specialty Program Q & A Q. What is the class of business and target market? A. A narrowly defined target market is crucial to understanding the type of risk. Some underwriters also call this the class of business. A short description of your niche will suffice. For instance, say you're interested in writing artisan and specialty contractors, security guards, general contractors that do residential construction, dwelling policies, or drivers with four accidents in the last three years. Q. What lines of insurance will be offered and at what limits? A. The approach here would be to state that you are interested in writing the Professional Liability for a home inspector or the General Liability for an artisan and specialty contractor. Retail producers ...