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...ments are made. Services include towing, door-to-door pickup and delivery of ...

... Cancel Loading.. About Us Services Jobs PR Newsletters Employees Articles Blog Photos Group Connections Reviews IMMS Library Immerse yourself in our stacks. Take some time and browse through our library. We have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back E&O Insights: Let Me Think About It … 4/7 /2014 12:00:00 AM by CompleteMarkets Editor , Curtis Pearsall This content has not been rated yet. A client who utters these words might well be laying the groundwork for a nasty E&O claim. Consider this case: The insured had a niche market for tow truck operators. The claim involved a client from another state whose tow truck rear-ended a car, causing an occupant of the vehicle to become a wheelchair-bound paraplegic. The underlying case was worth $5 million to $10 million. The client, a new customer, had provided a copy of his previous policy to the agent and asked for coverage. The agent stated that he saw the previous policy had $1 million primary and $4 million umbrella. According to the agent, he told the client he was only going to obtain a primary policy for $1 million and that the client was going to think about whether he wanted the umbrella coverage. Again, according to the agent, the client never got back to him on the umbrella. The client testified that he told the ...

... while and it'll solve itself), or from an insidious disease that could ruin you. Two options are available to determine the extent of your ills: Have a consultant come in to your agency when: You feel something is amiss (revenue is down, profits are declining, customer retention is poor, etc.), or Once every three years for a checkup and tune-up. Acquaint yourself with standard and exceptional performance standards of agency operations and measure your standards and performance against your peers. Whether you use a professional to identify your problems or use industry data to do so, don't be tempted to attack a system, personnel, or motivational management problem that you're probably unqualified to solve. Many home mechanics have set out to make their own repairs, only to have to call a tow truck driver or plumber later. Most agents are insurance experts and professionals — not agency management experts. Regardless of their specialty, most doctors seek diagnosis and treatment from other highly qualified physicians. LOCATE A QUALIFIED CONSULTANT The American Association of Insurance Management Consultants (AAIMCO) is comprised of highly regarded, long-term, professional consultants specializing in the insurance industry. They are not www.aaimco.com or call (800) 779-2430 for more information. associated with any carrier or vendor. Visit their Web site Many state or national professional organizations maintain lists of consultants that their members have used successfully. HOW NOT TO LOCATE A QUALIFIED CONSULTANT My buddy, another agent, had a similar problem and he's offered to help me with mine. This is akin to sharing prescription medication with a friend because you have similar symptoms. ...

... Are owned vehicles used for towing special equipment (air compressors, c...

... fastest-growing schemes in stolen auto parts involves airbags. For the convenience of auto mechanics, the bags are made to be easily removed. After all, once they've done their job, they must be replaced. Thieves have discovered that removing airbags is convenient for them, too. For only a few minutes work, these items can net anywhere from $360 to $1 ,800 per unit, depending on the make of the vehicle. After quick extraction, the stolen goods are sold to body shops, which use them as replacement parts, neatly sidestepping the usual high cost. A second up-and-coming scam is employed by other unscrupulous body shops. These shops keep a stock of exploded airbags on hand. They use an exploded bag to temporarity replace the unexploded bag from a car that has been towed in for repair, and then claim that it had been deployed in the accident. Once the claim has been approved, the original unpopped bag is put back and the popped bag is returned to the shelf, ready to use again. A third airbag scam involves using inappropriate replacement parts. Airbags are designed to be compatible with the size and weight of the car. Some shops simply replace deployed airbags with whatever type is available, which may be either too heavy or too light for the car. Copyright, The John Cooke Fraud Report. Login or Register (for FREE) to gain access to thousands of other great articles. Need more reasons to join? Need insurance for you, your business or your family? Get quality appointments - Save yourself a whole lot of time & ...

... Uninsured Motorist Coverage Y N Towing and Labor Y N Rental Reimbursement Y...

... while and it'll solve itself), or from an insidious disease that could ruin you. Two options are available to determine the extent of your ills: Have a consultant come in to your agency when: You feel something is amiss (revenue is down, profits are declining, customer retention is poor, etc.), or Once every three years for a checkup and tune-up. Acquaint yourself with standard and exceptional performance standards of agency operations and measure your standards and performance against your peers. Whether you use a professional to identify your problems or use industry data to do so, don't be tempted to attack a system, personnel, or motivational management problem that you're probably unqualified to solve. Many home mechanics have set out to make their own repairs, only to have to call a tow truck driver or plumber later. Most agents are insurance experts and professionals — not agency management experts. Regardless of their specialty, most doctors seek diagnosis and treatment from other highly qualified physicians. LOCATE A QUALIFIED CONSULTANT The American Association of Insurance Management Consultants (AAIMCO) is comprised of highly regarded, long-term, professional consultants specializing in the insurance industry. They are not www.aaimco.com or call (800) 779-2430 for more information. associated with any carrier or vendor. Visit their Web site Many state or national professional organizations maintain lists of consultants that their members have used successfully. HOW NOT TO LOCATE A QUALIFIED CONSULTANT My buddy, another agent, had a similar problem and he's offered to help me with mine. This is akin to sharing prescription medication with a friend because you have similar symptoms. ...

... , in the Charleston, SC area, and in parts of New York and Massachusetts. Forty-four of our fifty states are now considered earthquake prone, although not all of these will experience damaging earthquakes. It is not possible to prevent earthquakes or change the likelihood of an earthquake occurring. However, you can greatly increase your chances of safety and survival, by being aware and prepared. Awareness is the first step. Preparedness is the key! WHAT CAUSES EARTHQUAKES? Very little has been known about the causes of earthquakes until this century. Geologists have concluded the crust of the earth consists of plates of layered rock which are in continual movement every so slowly. In some places, where these plates meet, one is forced under the other, creating faults and mountains. In other places, tow plates may slide past each other, with their boundaries forming a fault, such as the San Andreas in California. Faults also occur far from the edges of the Crystal plates, as in the New Madrid fault zone in the southeastern United States. Less is known about the creation and behavior of these faults. They may occur from compression of the crust as plates push together. Because the earth's crust is several miles thick, there is tremendous friction between the pieces which are trying to move. When the strain becomes great enough to overcome the friction, there is sudden movement, resulting in the ground motion and shock waves which we feel as an earthquake. The strength of an earthquake may be described in terms of magnitude' measured on the Richter scale. A 3.0 magnitude quake is ...

... replacement and furnishes protection against personal liabilities. Your independent agent can tailor a policy that meets your needs and provides several types of insurance coverage, including: &# 160 Liability. Covers injuries and damage you cause to other people or their property while operating an automobile. &# 160 Collision. Covers damage to your vehicle in an accident. &# 160 Comprehensive. Covers damage to your vehicle from fire, break-ins, vandalism, theft, and natural disasters. &# 160 Medical Payments. Covers emergency and related medical payments for you and your passengers, regardless of who is at fault. &# 160 Uninsured Motorists and Underinsured Motorists. Protects you and your passengers in an accident with drivers carrying insufficient or no liability coverage. &# 160 Additional Coverages. Pay for expenses such as towing, labor, rental vehicles, etc. &# 160 Irma &# 160 At 35, Irma and her husband Joe have a young son, own a modest home and are about to become parents of twins. The welfare of their growing family is their primary concern. Irma elected to leave her job to care for the children full time. However, the couple was covered under her employer's health care plan, and Joe's employer does not provide coverage as comprehensive as Irma's former company. &# 160 The couple met with their independent insurance agent to determine how they could supplement Joe's health plan to provide sufficient coverage for Irma and the children. The agent reviewed their health care needs and identified an insurance provider that could economically supplement their coverage and meet their needs. With a growing ...

...verages. Pay for expenses such as towing, labor, rental vehicles, etc.   ...