Keep up with the latest news in the insurance industry
Peter M. Bakker Agency was awarded the first insurance agency apprenticeship by the Connecticut Department of Labor’s Office of Apprenticeship Training. The insurance agency apprenticeship program is an initiative by the state to foster the attraction and placement of new talent into the CT insurance agency industry, one of the state’s largest employer segments.
Here’s a something we’ve frequently heard: “Does agency blogging matter anymore? We post on Facebook instead. ” We answered this a few years ago with reasons why agency blogging matters, even in this age of pervasive social media channels. We’re updating those reasons today because we think agency blogging is a great tool to bolster your business and your brand.
The Massachusetts Registry of Motor Vehicles will suspend services over Veteran’s day weekend as it transitions technology to the new ATLAS portal. This will include office closures and suspension of phone, online and vehicle inspection services. As of November 12, ATLAS will replace vehicle services and the ALARS system will be retired.
Oscar L. Miniet, Regional Executive Vice President, made the announcement, saying that Amoruso’s primary role will be to continue expanding and growing agency membership in Florida’s Alliance. He says: “We couldn’t be happier about adding this highly respected insurance veteran to our team. Tony has been a household name in the Florida industry for many years having represented prestigious insurance companies throughout southern Florida. His industry expertise is top notch.”
Veterans, Thanksgiving, small business & more: Your insurance agency’s November social media calendar
Daylight Savings, Veteran’s Day, World Kindness Day, Take a Hike Day, Thanksgiving, Black Friday, Small Business Saturday and more – November offers many themes and observances that you can highlight in your social media messages and client communications.
Misclassification in Massachusetts is a felony with sentences of up to five years. Earlier this month, a man pled guilty to defrauding his workers comp carrier and was sentenced to one year in the Middlesex House of Correction, with 6 months to serve. He is also required to make restitution to the insurer. Finally, he is barred from bidding on municipal projects for two years.
CT insurance agents take note: If you insure single member Limited Liability Corporations (LLCs), a recent CT court decision affects them and may require action. For as long as any of us can remember, single member Limited Liability Corporations (LLCs) were not required to carry workers comp insurance. The court decision changes this.
Having an email address on file makes it easier to communicate with clients, share documents, and process transactions. It can reduce mailing costs, expedite customer service, and perhaps most importantly, open the door for insurance agents to take full advantage of new-age marketing and sales software systems.
New overtime rules issued by The U.S. Department of Labor are scheduled to go into effect on January 1, 2020. It’s important to understand these changes both for your own agency and as an issue that affects your commercial clients. Under the new rule, employees would have to earn at least $684 a week ($35,568 a year) to be exempt from overtime pay for any hours worked over 40 in a work week.
Cyber security, fire prevention, pizza, Halloween & more: Your insurance agency’s October social media calendar
While it may still feel as though summer is in the air, the first frost will be here soon enough. Expect that the leaves will soon fall, the temperatures will turn chill and the ghosts and goblins will be emerging as we countdown to Halloween. October is the time to remind your insureds about the importance of conducting winter home and car maintenance – reach out to them with tips both on social media and via email.
No matter what your employees do, safe driving must be an essential part of the job. Whether you have given it any thought or not, you have, in effect, certified that every employee who drives while working is a competent driver. You have entrusted them to carry out their jobs under your company’s banner.