https://completemarkets.com/Article/article-post/2119/INSURING-CONTRACTORS-BE-CAREFUL-IT-CAN-BE-A-BIG-E-O-HEADACHE/
...agency for failing to provide a performance bond required by a contract. A bro...hority limitations when the requested bonds are in excess of its bonding limit...
https://completemarkets.com/Article/article-post/946/IS-EMPLOYEE-OWNERSHIP-RIGHT-FOR-YOUR-AGENCY-PART-I/
... solely on the desire to reward performance. If your best producers or manage...spect(s) of the individual’s performance as a producer or employee. The...
https://completemarkets.com/Article/article-post/223/10-Tips-For-Renewal-Retention/
...ployee-evaluation process. Good performance should be rewarded; average performance should prompt coaching and monitor...g; and incorrigible below-average performance should trigger probation and ev...
https://completemarkets.com/Article/article-post/2437/%E2%80%98Stop-The-World-I-Want-To-Get-Off-%E2%80%99/
...business with an average return of bonds (some dating back to the 1940s) of 6%. With U.S. Treasury Bonds yielding 14% in the early 80s, that $...felt intense economic pressure. Older bonds with 4%-6% yields were worth a fra...
https://completemarkets.com/Article/article-post/2212/LIFE-HEALTH-E-O-AVOIDANCE/
... carriers from bearing the cost of bankrupt insurers, thus keeping E&O rates lower. Punitive damages aren't usually a covered expense. To cover them would defeat the whole purpose of assessing this type of penalty against the defendant as a deterrent to further similar misconduct. Most states don't allow insurance companies to insure punitive damages because they've determined it to be against public policy. Fraud is usually excluded if performed by the insured; however, many policies will provide a defense for allegations of fraud, and if a fraudulent act of a subproducer results in a claim, this should be a covered expense. However, this is not clear in some policies. Determine the intent of your policy, if it is not clear. If an insured employee commits fraud, this would probably not be covered. ... , a Fidelity bond (for employee dishonesty), which should be a standard part of your Commercial insurance package, is designed to cover this exposure. Hold-harmless clauses in contracts are becoming increasingly popular. Be aware that most E&O policies exclude "liability of others assumed by contract." If you agree to hold another party harmless and indemnify them for legal costs, etc., you will have to pay these expenses out of your pocket, because the E&O underwriting process is based on the risks that are apparent on the application. Unknown liability is not an anticipated exposure and can't be analyzed, rated, and assumed. "What would make me an undesirable risk?" There are reasons other than frequent claims experience for declining coverage An E&O program should have ...
https://completemarkets.com/Article/article-post/702/Variable-Questions-And-Some-Answers/
...place is driving costs down and performance up. Variable Life is a serious con...
https://completemarkets.com/Article/article-post/374/Solidifying-The-Bond-With-Your-Customer/
... of their gross earnings for two pieces of metal connected with a screw and washer. You might think that it's a pretty tough market, but the U.S. distributor sells about a thousand pairs per month with a total employee of five. The intriguing thing is that Hikari has never purchased any advertising! They have built their business with seminars and other informational tools that (1 ) help stylists to perform their jobs better and (2 ) help their distributors to be more professional within the salon industry (which benefits all the manufacturers they may represent) . In both cases, the middle-man distributors and the actual hair stylists, Hikari utilizes audiocassette programming and live seminars to carry their message. So although insurance and scissors may be miles apart in product, they're remarkably close when it comes to innovative ... x No Thanks Loading.. Solidifying The Bond With Your Customer 4/30/2013 by Jack Burke This content has not been rated yet. Very few people will recognize the name Hikari, unless they're in the beauty salon industry. Hikari is a scissors manufacturer and distributor. Not just any type of scissors, but very expensive scissors used by hair stylists. A small, five-inch pair of scissors might sell for $400, and more expensive models approach $1 ,000. Considering that the average hair stylist grosses about $30,000 to 35,000, this is a market in which the buyers spend 1% to 2% of their gross earnings for two pieces of metal connected with a screw and washer. You might think that it's a pretty tough market, but ...
https://completemarkets.com/Article/article-post/1895/WHAT-IS-TARGET-MARKETING/
...to improve the productivity and performance of field sales organizations. Amon... 'Once a company notes such common bonds, an agent can seek to lock in this...
https://completemarkets.com/Article/article-post/1404/WHAT-TO-ASK-AND-NOT-TO-ASK-ON-JOB-APPLICATION-FORMS/
...is necessary for successful job performance, you can safely ask candidates abo...
https://completemarkets.com/Article/article-post/1739/MONITORING-THE-PLAN/
...er can take quick action. Staff performance may need to be improved or efficie...160 Crime ______________ Bonds: Fidelity ______________...