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23 results found
https://completemarkets.com/Article/article-post/1093/FOLLOW-UP-ON-CERTIFICATES-OF-INSURANCE/
...ng sued on such basis. In Bradley Real Estate Trust, et al. v. Plummer & Rowe...e in every aspect of agency management and marketing. Many of these faculty me...

https://completemarkets.com/Article/article-post/2460/What-You-Can-Do-About-Insurer-Insolvency/
...with only marginal vigilance, this real-life insolvency could have been 'predi...uating a carrier’s financial stability and minimizing the risk of an E&O c...

https://completemarkets.com/Article/article-post/2642/Are-You-Ready-for-Insurance-Dot-Com/
...n Internet insurance marketing. He realized early on that computers would play...service companies to be cost effective and productive. The Internet isn't a fad or a toy-it's serious business, and its customers are here. Agencies th...

https://completemarkets.com/Article/article-post/567/Success-Story-Marketing/
...Last week, I got a notice from my real estate broker announcing that she had ... you as a reference about our products and services to your neighbors?' This ...

https://completemarkets.com/Article/article-post/1006/FUTURE-SHOCK-THE-NEED-FOR-AGENCY-PERPETUATION/
...people in other industries such as real estate or banking who want to enter th...ious methods of combining compensation and perpetuation options to motivate em...

https://completemarkets.com/Article/article-post/328/Certificates-Of-Insurance-Binders-And-Evidences-Of-Insurance-What%E2%80%99s-The-Difference/
...lines” is a misnomer, because it’s really a list of the agency’s contractual b...omply with all applicable laws, rules, and regulations.

https://completemarkets.com/Article/article-post/2245/A-JOINT-VENTURE-IN-A-SMALL-TOWN/
...aling with auctioneering services, real estate, and insurance. We have premium...on, IA that specializes in insurance, real estate, and auctioneering services. This articl...

https://completemarkets.com/Article/article-post/1520/GENERAL-OSHA-RECORDKEEPING-REQUIREMENTS/
...s Retail Finance, Insurance and Real Estate 60 Banking 61 Credit Agenci...intended as a general description only and does not carry the force of legal o...

https://completemarkets.com/Article/article-post/2759/The-6-Key-Features-Essential-to-Choosing-the-Best-Virtual-Data-Room-for-Insurance-Companies/
...virtual data room should be like a real data room, with the capability of shar... have a hard time conducting business, and it's going to be a frustrating expe...

https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/2460/What-You-Can-Do-About-Insurer-Insolvency/
... . No warranties, express or implied, are made that the list is either a predictor or a guarantor of a company's financial condition. To illustrate the use of the Insolvency Checklist, please download this financial information excerpted from a 1983 A.M. Best report on a real carrier we'll call the Big Red Insurance Co. (to protect the innocent, guilty, and embarrassed) . Big Red was declared insolvent in 1985. The document presents seven categories of A. M. Best information as exhibits:General Information (Exhibit 1 ... there been any negative operating income or sustained underwriting losses during the past three to five years? Yes. Exhibit 5 indicates a significant deterioration of underwriting and bottom-line operating losses over the past five years. Has the company made any questionable investments (in affiliates, real estate, cash increases, low yields, etc.)? Yes. Using the yields and asset values from Exhibit 2, Big Red's return on investment was only about 2% . In addition, the cash component of the investment portfolio increased from 12.2% to ... that we're fixers rather than preventers. Although many articles have been published on insurer insolvency, most have been retrospective: here's what happened and why. This approach does little to fix the problem and even less to prevent its reoccurrence. This article will give you, the independent agent, a practical methodology to examine the ongoing financial stability of your carriers and to take corrective action as warranted. Although this approach can't prevent an insolvency, it can help minimize the likelihood that you and your clients will become active participants in the process. Legal ...