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.... Any changes, such as a local manufacturing plant closing (such as oil refine...uake ______________   Misc. Liability ______________   Misc. P...

... professes quality is critical, but quality is often not reality. I'm surprised that the sloppiness of our industry doesn't receive more attention. The good news: Sloppy industries are ripe for agencies that can deliver quality! Let's first establish the extent of the sloppiness. Insurers manufacture only paper and when claims occur, they manufacture checks and legal defense. Some sophisticated agencies manufacture loss control (risk management) The industry does not manufacture complex machines. In fact, even the forms used are usually standard, boilerplate commodities. Yet, there ... sloppy. Not offering material coverages is sloppy. I'm a huge proponent of coverage checklists, so I can't comprehend agencies not recommending that all Commercial clients at least purchase such basic coverages as Employment Practices Liability Insurance, Equipment Breakdown, Business Income, Workers Compensation, and Umbrellas. However, possibly a majority of producers don't offer these coverages regularly. This is sloppy. Many people rationalize sloppy behavior with plenty of reasons and excuses. However, the bottom line is that this is sloppy behavior. How else can you define not completing ... when this is your job? I suppose you might consider this lazy, rather than sloppy. Either way, what happens to lazy or sloppy companies? How else can you define "renewed as is for five year" without ever talking to the client? It's not because the insured doesn't want to talk - no one has asked the client to talk about their renewal. Let's suppose that no discussion is necessary. If that's the case, the agency doesn't need to pay any commission because the producer hasn't done any work! ...

...ncome, Workers Compensation, and Umbrellas. However, possibly a majority of pr...

... Umbrella ...

...und utility service to a major manufacturing plant. The insured did not have ...example, if your policy is to offer umbrellas to each Commercial account, the...

... indicating that the insured had all the proper coverages to meet the standards of contracts required by the client. The client, a general contractor, reported a loss arising from the work of the insured. The loss resulted in discontinuation of underground utility service to a major manufacturing plant. The insured, a swimming pool subcontractor, did not have coverage for the underground property damage. The insurance carrier for the general contractor responded to the loss, and then subrogated against the pool contractor. Finding for the plaintiff-who subsequently found another insurance-related resource ... manager can thus learn the strengths and weaknesses of the personnel they're supervising and find training opportunities. The audit format should reflect agency policy concerning how each of the nine functional components is supposed to work. For example, if it is the agency's policy to offer Commercial Umbrellas to each account, then the audit documentation should reflect that this has been accomplished. The audit checklist should mirror the task list of each system component. One consultant client has found two approaches to the design and implementation of his audit system. The audit format ... items. Award for the plaintiff (insured) . If that sounds like a simple mistake, take a look at this error in obtaining the proper coverage: Case No.2: Failure to Obtain Proper Coverage To maintain his business relationships with clients, the insured required general liability and other coverages. A certificate of insurance was issued indicating that the insured had all the proper coverages to meet the standards of contracts required by the client. The client, a general contractor, reported a loss arising from the work of the insured. The ...

...und utility service to a major manufacturing plant. The insured, a swimming po...agency's policy to offer Commercial Umbrellas to each account, then the audit ...