The COVID-19 pandemic brought a host of issues for everyone, both personally and professionally. For employers, keeping a business operational resented all kinds of challenges. Agencies have had to adapt to government orders and maintain the health and safety of employees. Some restrictions have been lifted, but the business world still hasn’t returned to the…
Check out the four things to keep in mind to avoid potential errors & omissions claims as you look to improve your business.
Overlooking the error of a high-producing agent, for example, will only delay correction until the next mistake. There needs to be consistency from management – from receptionist to lead producer; all deserve respect, understanding and fairness in this situation. Management needs to be willing to look inward to see if there was something they could…
Much ink—and a lot of webinar time—has been devoted to the topic of agency websites leading to errors & omissions claims in recent years. The message is simple: Our insureds are getting skewered in lawsuits because they make grandiose promises on their websites, which then become “star witnesses” against the agency. Your own words are…
Three days. That’s how long the driver had been working for his new employer, a trucking company. His truck was solid—no mechanical issues at all.
At some point in your insurance career you may have to decide, is it time to sell my agency? Or, if you’re making a transition in your insurance career, the opportunity arises to consider whether you should purchase an agency. In both situations, one of the most overlooked and under-considered aspects is what to do…
“Compliance,” like the term “audit,” can strike fear into our hearts.
Due to the dramatic changes in health insurance coverage for small businesses from the enactment of the Affordable Care Act (ACA), employers are looking for alternatives to traditional health insurance programs in an effort to save money. Employers have consistently tried to provide for their employees and there are different methods of providing employee benefit…
“That which we call a rose by any other name would smell as sweet.” ~ Romeo and Juliet by William Shakespeare
With yet more apologies to William Shakespeare.
