I received an e-mail recently from a client complaining about the forms he was being asked to complete by brokers through whom he had placed surplus lines policies. Those forms asked him to name the admitted insurance companies from whom he had tried to obtain the insurance coverage sought before obtaining the surplus lines policy […]
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Federal Tax Reform – Traps for the Unwary
Last week, I listened to a webinar about the effect of the 2017 tax reform legislation on independent insurance agents. It was put on by the Independent Insurance Agents and Brokers of America and contained a lot of useful information (click here to see the slides from the webinar). The focus of the webinar […]
Read more...Notes from Nashville – Millennials
Last week’s post was about the presentations of two of the well known speakers at my client’s conference event in Nashville. They were good, but the one I found to be the most interesting was given by a person I had not heard of before. Antonio Canas is the founder of “Insurance Nerds“, which is […]
Read more...Notes from Nashville
I hope your Labor Day weekend was a safe and enjoyable one. It capped off a busy month for me in terms of travel and time out of the office. I finished up my travels in August by spending a few days in Nashville at a conference put on by one of my clients. In […]
Read more...Policy Information Disclosure – What Are The Rules?
A recent caller to the Free Legal Service Program that I operate for members of the Independent Insurance Agents of Georgia asked a question I had heard several times before with slight variations. The essence of the question is whether an insurance agent can disclose information about a customer’s insurance policy to a third party, […]
Read more...Website Privacy Notices – An Update
Almost three years ago, I wrote a post titled, “Must an Agency Website Contain a Privacy Statement?“. My conclusion was that such a statement was required only if the website could be used to collect “nonpublic personal information” about someone who visited it. This would be the case, for example, if a potential customer […]
Read more...New Laws – Part 2
In my last post, I talked about the hands free, or distracted driving, law that took effect on July 1, 2018. That law was probably the most widely publicized new law passed by this year’s General Assembly and for good reason. However, there was another new law specifically affecting the sale of health insurance that […]
Read more...New Laws Coming Soon
July 1 is an important date every year, as that is the date new laws passed by the Georgia General Assembly earlier in the year (and not vetoed by the Governor) become effective, if another effective date is not specified in the particular law. About this time every year, when the General Assembly has […]
Read more...IIAG Annual Convention – What You Missed
About 10 days ago, the Independent Insurance Agents of Georgia held their annual convention. This year, after many years at Amelia Island Plantation, the convention moved to the Marriott Resort on Hilton Head Island. Unfortunately, the weather was not as great as the facility, but a good time was had by all who attended. […]
Read more...Customer Incentives – What Can Be Done?
Last week’s post was based on the calls I continue to receive about the payment of referral fees on the Free Legal Service Program that I operate for members of the Independent Insurance Agents of Georgia. Another caller to that program asked me a question about what could be done to encourage referred and […]
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