https://completemarkets.com/Article/article-post/2245/A-JOINT-VENTURE-IN-A-SMALL-TOWN/
...tory building. All the major bank offices are located upstairs. Besides supplying a furnished office, the bank pays such expenses as uti...een the loan process and the marketing of insurance. Ron Rensink, CIC, is a principal and chief executive officer of ARI Services, Ltd., a firm based in ...
https://completemarkets.com/Article/article-post/2262/HOW-STAGED-ACCIDENTS-WORK/
...behalf of doctors' and attorneys' offices. In every case, I was paid for my so...in staged automobile accidents and has often testified in that capacity. He ha...
https://completemarkets.com/Article/article-post/543/Banks-And-Insurance-Do-Your-Due-Diligence/
...ce
The power of the Internet as an information resource...rs that drive the bank — just the kind of partner that they’ve been l...
https://completemarkets.com/Article/article-post/1011/COMBINING-INSURANCE-AND-FINANCIAL-SERVICES-REALITY-CHECK/
... Florida and the subsequent passage of the Gramm-Leach-Bliley Financial Services Modernization Act, a flurry of activity began to create broader financ...turn out to be the best thing for the banks, the agency principals, their cust...
https://completemarkets.com/Article/article-post/862/First-Impressions-Last-Longest/
...nd building addresses for company offices because they send 'the right message... time. Place an order and it’s at your office in a few hours. This speed sends...
https://completemarkets.com/Article/article-post/2348/POST-DEAL-INTEGRATION-WITH-BANKS-CHALLENGES-AND-OPPORTUNITIES/
... by Robbie Smith The acquisition of independent insurance agencies by banks has revealed a number of crucial issues that should be considere...d realistic expectations, the blending of banks and insurance holds tremendous promise for expanding the scope of products and services available to c...
https://completemarkets.com/Article/article-post/904/Avoiding-The-Dangers-It%E2%80%99S-No-Time-To-Trip/
...lunch as I ran up five steps to the office holding a cup of coffee. On the second step, I tripped. Inst... graphical user interface (mouse); all of which the company, dismissed as too ...
https://completemarkets.com/Article/article-post/375/Speed-A-New-Entitlement/
... they deem the extras a basic right of the capitalistic system! Good service and professionalism, once considered added value...ffectiveness.
Pressure your companies to speed up processing. The old ...
https://completemarkets.com/company/ase-insurance-services/Articles/content-package/Member-Content/TabCategory/article-post/2578/Trust-Accounts-Do-they-really-matter/
... so, this is an issue for all agencies regardless of state law. Remember, Michael Segal, principal of Near North Insurance, was convicted in federal court of fraud and racketeering charges in June 2004 for violating his brokerage's trust account. As the U.S. Attorney's office for the Northern District of Illinois stated, "We think it sends an important message to those who are trusted with the fiduciary duty of holding other people's money that there are serious consequences to violating that trust and duty." (Business Insurance, June 28 ... agency into trust upon acquiring it. I strongly encourage every agency in every state to get into trust as soon as possible. There are several ways to do this. The fastest is to get a long-term loan equal to the deficit and put the cash in the bank and leave it — then pay off the loan. One alternative is to budget $X per year to the agency's capital account until it is in trust. For example, suppose an agency determines that it should leave $50,000 cash in the agency ... year until it gets into trust. To leave $50,000, the agency must record profits of approximately $87,000 at a 34% tax rate. This means that it must adjust its budget accordingly so that its profit at year-end will be at least $87,000 after every single other expense, including all owner compensation. Sometimes this might mean that owners must take pay cuts, which is always hard to swallow. However, another way to think of it in some situations is that the owners wouldn't ...
https://completemarkets.com/company/rodgers-associates-insurance-inc/Articles/content-package/Member-Content/TabCategory/article-post/2578/Trust-Accounts-Do-they-really-matter/
... so, this is an issue for all agencies regardless of state law. Remember, Michael Segal, principal of Near North Insurance, was convicted in federal court of fraud and racketeering charges in June 2004 for violating his brokerage's trust account. As the U.S. Attorney's office for the Northern District of Illinois stated, "We think it sends an important message to those who are trusted with the fiduciary duty of holding other people's money that there are serious consequences to violating that trust and duty." (Business Insurance, June 28 ... agency into trust upon acquiring it. I strongly encourage every agency in every state to get into trust as soon as possible. There are several ways to do this. The fastest is to get a long-term loan equal to the deficit and put the cash in the bank and leave it — then pay off the loan. One alternative is to budget $X per year to the agency's capital account until it is in trust. For example, suppose an agency determines that it should leave $50,000 cash in the agency ... year until it gets into trust. To leave $50,000, the agency must record profits of approximately $87,000 at a 34% tax rate. This means that it must adjust its budget accordingly so that its profit at year-end will be at least $87,000 after every single other expense, including all owner compensation. Sometimes this might mean that owners must take pay cuts, which is always hard to swallow. However, another way to think of it in some situations is that the owners wouldn't ...