Insurance Archive

The New Speed of Marketing

Several years ago when I moved my agency out of our downtown location, I took the opportunity to go through the boxes and boxes of agency records that had been relegated to the basement. One of the gems I found was a letter written by my grandfather to a carrier, relaying a question from a

Part 2: 3 Essentials to Understanding Data Security for Small Business Owners

This blog post is part of a series written by members of IIANC’s Agency Management & Technology Committee. Guest Post By: Tom Fisher – Insurance Service of Asheville, Asheville, NC   Often times small independent agency owners don’t know how to approach data security, or even know if they have a firewall in place.  This is generally

Part 1: 3 Essentials to Understanding Data Security for Small Business Owners

This blog post is part of a series written by members of IIANC’s Agency Management & Technology Committee. Guest Post By: Tom Fisher – Insurance Service of Asheville, Asheville, NC   Often times small independent agency owners don’t know how to approach data security, or even know if they have a firewall in place.  This is generally

Getting Involved

This blog post is part of a series written by members of the IIANC Young Agents Committee. Guest Post By: Le’Trisha Lewis, CISR – First Citizens Insurance Services, Raleigh, NC Being a Young Agent you have the opportunity to be involved in many things, including working on projects. Our project this year is Make-A-Wish America. You can give

How to Instill a Sales and Growth Culture within your Agency

This blog post is part of a series written by members of the IIANC Young Agents Committee. Guest Post By: Cameron Annas, CIC – Granite Insurance, Granite Falls, NC Don’t we all LOVE to see revenue and profitability growth within our agencies?  While we all love to see this growth, according to Reagan Consulting’s “Organic Growth and

Going Beyond Best Practices

The following is a guest post by Steve Anderson, the President of The Anderson Network, Inc.. Come see Steve as one of our featured speakers at this year’s InsurEXPO16! For over 20 years the Independent Insurance Agents and Brokers of America (IIABA) and Reagan Consulting have been conducting a best practices study that benchmarks what makes

IRS Delays Reporting Requirements

The following is a guest post by Misty Baker, the Director of Life & Health Insurance Information for the Independent Insurance Agents of Texas. Come see Misty as one of our speakers at this year’s InsurEXPO16! The Internal Revenue Service extended the deadline for 2015 Affordable Care Act information reporting, giving employers some highly-sought after relief.

Two New Crime Insurance Endorsements of Note

Internet crime is not just about data breach losses. While data breach losses are significant and can result in considerable financial damage to businesses and individuals, the internet can be used to commit old fashioned crimes such as the theft of money. Two new ISO Crime Insurance endorsements became available in November of 2015 of

Some Workers’ Compensation Relief – HB765 Signed Into Law

An omnibus regulatory reform bill (HB 765) was signed into law by Governor McCrory on Oct. 22, 2015 and is now effective.  It contains a provision which addresses a problem with workers’ compensation that has emerged over the last couple of years. The existing provision of the Workers’ Compensation Act of North Carolina (the Act)

Further Erosion in the Host Liquor Liability Coverage

The Commercial General Liability (CGL) policy provides an exclusion for commercial operations involving various aspects of the distribution of alcoholic beverages.  The exclusion is muted to some degree by a caveat restricting the exclusion to named insureds that are “in the business of” distributing alcoholic beverages (adult beverages).  This caveat to the exclusion is often