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Agent And Broker Magazine.
September 2009

Cover Story

Trust, commitment, communication, compatibility: They’re the building blocks for any relationship, whether it’s a friendship, marriage, or the unique bond between an independent agent or broker and the insurers they represent....



Columns

At places I visit, I find that many of the local folks comment about the weather: “If you don’t like it, wait 10 minutes and it’ll change.”...

In the insurance sales process we often talk about the need to gather information before providing solutions to a problem. Otherwise, there is a chance our solutions and the prospect’s problems are a mismatch. ...

It’s easy to get depressed about the bad economic news in the media, but sometimes the news can be downright bizarre....

Late comedian George Carlin’s classic weatherman routine stated the obvious in meteorological terms: “Tonight’s forecast: Dark. Continued dark throughout most of the evening, with some widely scattered light toward morning.”...

Sub-prime crisis, Ponzi schemes, executive compensation, massive lay-offs and downsizing, “never events”—and the list goes on. What do these issues have in common?...

On May 28, a much-watched case against Blue Shield of California—for revoking medical coverage of an injured policyholder—ended abruptly ...

Welcome to the bustling of activity that is fall—back to school, football, cooler days and the inevitable countdown of shopping days until Christmas....

A penny saved can be worth a lot more in business. When an insurance agency saves a penny through better carrier compensation, it can be worth a dime or even more....

Departments

Letters on "Successful management," and "Imperfect cost guide raises questions."...

The average cost of vehicle collision repairs for the second quarter declined by 3 percent compared with the same 2003 period....

The Government Accountability Office (GAO) has found that the U.S. Postal Service (USPS) is in urgent need of restructuring and is moving too slowly to cut costs...

The number of insurers using third-party investment managers is rising quickly, according to data compiled by a consulting firm....

Wal-Mart Stores Inc. and U.S. health officials are discussing the possibility of putting vaccination sites at some Wal-Mart stores for an H1N1 swine flu inoculation campaign this fall, a company official said....

Hefty claims against financial institutions, sparked by slumping stock prices, has professional indemnity and directors and officers insurance prices soaring for that sector, according to a report from Willis Group Holdings’ FINEX Global unit....

The House has passed legislation extending the National Flood Insurance Program, which was due to expire in 2 months, until March 31....

In the looking-glass world of professional liability claims against insurance agents and brokers, words that we take as clear can become unrecognizably twisted and fraught with ambiguity....

“When the economy gets tough, the tough get marketing.” As we all know, the economy is going through troubling times....

Named as one of the “Best Places to Work” three times in 2009, Assurance Agency, Schaumburg, Ill., has a lot to brag about....

In the fall of 2009, there are more issues being debated or considered in Congress with potential impact on professional independent insurance agents than at any other time in recent years....

Directories

Market directory for agent E&O insurance...

Market directory for lawyers’ liability insurance...

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