https://completemarkets.com/Article/article-post/68/Salvaging-Your-Investment-After-The-Earthquake/
...rs of property damage. Insurance, private assistance, and public assistance do... is rebuilt, the owner may have some equity because it will now be worth more ...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/2388/Are-You-A-Deadbeat-Shareholder/
... value should each shareholder be responsible for creating? And how do you measure value creation? Many agencies have one or more principals who aren't pulling their weight and have no plan to do so in the future. Many of these deadbeat shareholders mistakenly believe that agency ownership is a reward for past performance. It isn't. It needs to be recognized for what it is: the most precious currency a privately held business has to motivate and reward future performance. Other shareholders are taxed when any shareholder in an agency isn't creating value in proportion to the percentage held. Many agency principals suffer from high tax rates' imposed on them by such partners, but they can't quite identify the problem or the way to fix it. Well, it's time for a tax cut! A NEW APPROACH TO AGENCY ... 75,000 in each of the past three years, she simply needs to develop a plan to repeat her past performance: Net growth of $75,000, if valued at 1.3 times commissions (a decent estimate of value for this particular agency), would generate the $100,000 quota. Even so, Donna needs to understand that each year, as the value of her equity position in the agency grows, so will her value creation quota. Let's contrast Donna's situation to that of John, the agency's CEO and 40% shareholder. Since John's equity interest is worth $2 million, his value creation quota is $200,000. To achieve his quota by producing new business alone would require net growth in his book of roughly $150,000- something ...
https://completemarkets.com/Article/article-post/2388/Are-You-A-Deadbeat-Shareholder/
... is: the most precious currency a privately held business has to motivate and ...alue or consider reducing his or her equity position in the agency by selling ...
https://completemarkets.com/Article/article-post/2423/Internal-Perpetuation-Key-Considerations/
... well as buyer’s expectations. In private transactions, the deal needs to be f...
https://completemarkets.com/Article/article-post/2233/SMART-AGENCIES-SHOULD-STAY-ON-OFFENSE-IN-A-SOFT-MARKET/
... on cost containment strategies. Private equity firms are also under pressure...mised to their investors. However, privately held agencies with no debt are...
https://completemarkets.com/Article/article-post/997/FINANCIAL-MANAGEMENT-IN-AN-UNCERTAIN-MARKETPLACE/
... the average composite groups are privately held firms in which the owners tak...ear. Tangible net worth measures the equity in the firm and should be positive...
https://completemarkets.com/Article/article-post/2365/Getting-A-Company-Appointment-Part-2/
...w some agents think this is their private business and don’t what to show this...
https://completemarkets.com/Article/article-post/340/Agency-Perpetuation-Agents-Must-Go-Back-To-The-Drawing-Board/
...al Lines Stability. Just when the private passenger auto market seems to have ...has the equivalent of at least a 30% equity position on the date of transfer, ...
https://completemarkets.com/Article/article-post/176/Valuing-Your-Company-Stock-When-Owned-By-An-ESOP/
...anies may also use the ESOP to go private.
Contributions by a corporation ...oration, especially in the case of a privately held business.
Due Diligence
...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/2437/%E2%80%98Stop-The-World-I-Want-To-Get-Off-%E2%80%99/
... than an hour. Barely seven months later, on April 13, 1991, the California Commissioner of Insurance seized the assets of Executive Life and forced the company into a seven-year rehabilitation that severely reduced benefits for millions of Life and annuity policyholders. Executive Life was the largest insurance company failure in U.S. history. Despite the financial harm to so many policyholders, many people in the Life insurance industry privately cheered the demise of the company that had caused them such distress. But when the New Jersey Commissioner of Insurance seized Mutual Benefit just three months later in July 1991, few were laughing. The collapse of Mutual Benefit, a 146-year Old Line Eastern Mutual, ' was an economic and public relations disaster for the industry. The financial and popular press had focused on the Life insurance industry, ... and — dare we say it — dull industry that began in the early 1700s. But by 1991, there was nothing dull about Life insurance! For all the pain, disappointment, and economic loss, policyholders were still covered by trillions of dollars of death benefits, and cash values totaled in the hundreds of billions. And new products were emerging: Universal Life, Current Assumption Whole Life, equity indexed products, and the current winner among consumers: Variable Universal Life. The next article will continue the saga of how the Life insurance industry has changed since the 1980s — and suggest some benefits and perils that our fast-paced and competitive global economy will probably experience. Richard M. Weber, MBA, CLU is president of The Ethical Edge, Inc., a consulting firm that advises Life ...