Insurance Blog
Keep up with the latest news in the insurance industry
Put “Google My Business” to Work for Your Insurance Agency
When you search Google for a specific business, do you ever wonder why some businesses deliver search results with a box on the right side of the search results page that includes a picture, a map and other information about that company? Or maybe your own agency appears there and you wonder how. It’s called “Google My Business” – if you haven’t claimed your business or opened an account to manage the information that appears, here’s how to get started:
2020 Employment Laws That Should be on Your Agency’s Radar
As an agency principal, keeping current with new employment laws is an important part of agency management. Even if you have a payroll service or HR consultant, you should know how changing laws will affect your agency operations and staff. Plus, as a trusted business advisor, it’s important to know how these laws might affect your clients so that you can offer informed counsel about risk management. Here are key employment laws and issues kicking off the new year.
Welcoming 5 New Agencies to Renaissance Alliance
Executive Chairman Kevin R. Callahan says that Renaissance Alliance has seen increased interest from agencies not just for new markets and strengthened profit sharing, but for services that help their agencies grow. “That’s where we excel,” says Callahan. “The Renaissance Alliance proprietary growth acceleration process attracts progressive agencies eager to grow at a rate well beyond their competitors. Our 20+ year track record of performance demonstrates the growth potential is real.”
MA Workers Comp Rates Keep Going Down, Down, Down
Massachusetts has long been known as one of the lowest cost states for workers comp, so it came as a surprise a few years ago when the state lowered workers comp rates by an average of 12.9%. Well, here comes another surprise: The Workers Compensation Rating & Inspection Bureau of Massachusetts (WCRIBMA) has recommended yet another rate cut, this time averaging 3.9%.
2020 Insurance Trends for Your Agency to Watch
Catch up on 2020 Insurance Trends and review some of the key insurance events that shaped 2019.
January Social Media Themes for Your Insurance Agency
We’ve gathered some January observances and events to help you cruise into 2020 with a great social media and client communication calendar.
Insuring Santa Claus and his business operations
You have to admit it – jolly old St. Nicholas runs one heck of a business operation so it takes an experienced insurance agent to plan the right coverage package. He runs a factory that operates 24/7, along with a busy warehouse and shipping operation. He employees a huge number of elves and maintains a herd of reindeer. He has at least one specialty vehicle, although we suspect he also needs some back-ups. His operations span the globe and he engages in extensive business travel.
Managing Millennials in Your Insurance Agency Workforce
OK, Boomer – move over … Millennials (aka “Gen Y”) are now the largest generation in the workforce. According to Pew Research, “As of 2017 – the most recent year for which data are available – 56 million Millennials were working or looking for work. That was more than the 53 million Generation Xers, who accounted for a third of the labor force. And it was well ahead of the 41 million Baby Boomers, who represented a quarter of the total. Millennials surpassed Gen Xers in 2016.”
Blockchain & insurance update: Recent news
It’s been more than a year since we posted our intro to blockchain and distributed ledger technology (DLT). In noting last week’s announcement by London investment bank HSBC Holdings that it planned to move $20 billion in assets to blockchain technology, we thought it might be a good time to revisit the topic and look at recent insurance developments.
Insurance agency blogging: what not to do
Blogging is more than just coming up with an interesting blog topic – it’s also about how frequently you post, the length of your posts and ensuring you post content that will be picked up by search engines. When approaching any new discipline, it can be useful to learn the best practices but it can be equally illustrative to learn common mistakes. In the spirit of the “what not to do” school of learning, we present an excellent and useful infographic on 7 Common Blogging Mistakes to Avoid.
Your agency’s social media themes for December
The year is speeding by and rushing to a close! Time to shake off the Thanksgiving torpor – the holiday season has begun! Christmas, Hanukkah and Kwanzaa loom on the horizon, then before you know it, we’re ringing in the New Year. December is the time to reach out to clients with holiday cheer and tips on seasonal liability and consumer protection for families and businesses. Santa’s not the only one hitting the road this time of year – track his progress as he travels!
Workers Comp Meets Black Friday
From a shopper’s perspective, the danger begins and ends in the parking lot, where several fatalities have occurred. There have also been violent encounters as shoppers fight over valued items. But let’s focus on employees and the workers comp exposures unique to this event, which begin with unruly crowds at the door and extend through the tricky restocking of bulky, sometimes heavy items in the midst of the chaos; material handling, the highest risk in retail, becomes a nightmare under these circumstances.
