https://completemarkets.com/Article/article-post/544/Receivables-Reduction/
... to $5,000 should be prosecuted in small claims court without hesitation. The ...s because of the attorney's fear of liability. Honest communication and a clea...
https://completemarkets.com/Article/article-post/1629/MANAGING-RISK-A-GUIDE-FOR-YOUR-BUSINESS-CLIENT-PART-1-OF-4/
...ction is properly structured. In a small entity, he may do it himself. In a la...laneous duties include supervising contractors' Certificates of Insurance, att...
https://completemarkets.com/Article/article-post/558/Whats-A-Liquidity-Ratio-And-Why-Should-It-Be-Important-For-An-Insurance-Agent/
...on at any time. And that’s just a small step short of actually being able to ...er evaluating it:
CURRENT RATIO
The general liquidity ratio measures your ag...
https://completemarkets.com/Article/article-post/2449/Insurance-Agencies-And-The-Employment-Civil-Rights-Laws-Of-California-And-The-Ninth-Circuit-Part-1/
... the California constitution (16). Small agents should not assume that they're...
https://completemarkets.com/Article/article-post/2800/Best-Insurance-Plans-That-Protect-Large-Scale-Contractor-Operations/
...ears. These aren't risks a typical small-business policy can cover. General contractors now mandate AM Best A-rated carrie...iscovered when a claim is filed and liability is contested between parties.
Fi...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/70/If-The-Niche-Fits-Designing-The-Niche-Program-Questionnaire/
... policy to estimate the total premium volume the program will generate. In the past, I've been unsuccessful in securing insurance company markets because the average premium size was too low or the potential premium volume wasn't high enough. Even the argument that there's less pricing volatility in small premiums didn't change the underwriting philosophy of some carriers. The 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 ... 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 ... are interested in writing the Professional Liability for a home inspector or the General Liability for an artisan and specialty contractor. Retail producers should pay careful attention to the line of business and type of coverage required. Also of significance is the amount of the policy limits. Policy limits obviously will vary by class of business. It might be $1 million combined single limit for an independent trucker, or statutory limits for a Nonstandard Auto policy. Producers must do their homework to find out what the policy limits should be. Q. ...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/1629/MANAGING-RISK-A-GUIDE-FOR-YOUR-BUSINESS-CLIENT-PART-1-OF-4/
... risk manager, duties are often as follows: Chief Administrative Officer (CAO) . The CAO, whether a city manager, county executive, district manager, mayor, governor, or whoever, is responsibile for seeing that the function is properly structured. In a small entity, he may do it himself. In a larger entity, he'll delegate the function to one of the following: Chief Financial Officer. The CFO, treasurer, director of finance, controller, or the like will most commonly have this function because risk ... . The chief of public works, chief engineer, or similar official may be responsible for maintaining building values and informing the risk manager of any changes-deletions or additions of properties and change in costs or values. This person will also frequently supervise the issuance of contracts to contractors. These contain insurance and indemnity provisions that should be carefully worded and supervised. The chief engineer may also design and maintain loss-prevention equipment, so close cooperation with the risk manager is essential. Counsel. The chief legal officer writes contracts that usually contain indemnity or ... provisions. His work strongly affects risk assumption. He may also have a responsibility for supervising liability or Workers Compensation (except for large liability claims), although this is a specialized function better handled by specialist claims adjusters. Whoever carries the mantle of risk manager will need to communicate closely with all the officer just mentioned. When Is a Full-Time Risk Manager Justified? As an organization grows, its risks become more complex, insurance premiums rise, and loss assumption capability grows. A point will be reached when a full-time risk manager ...
https://completemarkets.com/Article/article-post/1534/LEGAL-OUTLINE-FOR-CALIFORNIA-AGENCIES-CHAPTER-5/
...ing used today when producers with small books of business join up with a larg...t it usually is a consideration for a smaller company acquiring a book of busi...
https://completemarkets.com/Article/article-post/912/DRUG-TESTING-AND-EMPLOYEE-ASSISTANCE-PROGRAMS/
...s this country, in towns large and small, in small businesses and large corporations, su... answer questions from prospective contractors or grantees. The Department of...
https://completemarkets.com/Article/article-post/943/MANAGING-TO-AVOID-ERRORS-OMISSIONS-PROBLEM/
... it was 20 years ago. It’s a small comfort that more than 70% of all E&... settled out of court for relatively small sums. But as the number of insolve...