The Insurance Geek’s Guide to Gifts

Posted by on Jan 6, 2016 in Articles, Underwriting |

The holidays are over.  We can all breathe a collective sigh of relief, digest the cookies and pies that we ate and start to think about 2016.  Chances are good that you, your family members, or your customers received a gift over the holidays.  Let’s look at a few ways to help insure those new toys and gadgets. Emerald Coverage Tower Hill’s Emerald and Emerald Deluxe endorsements provide increased special limits of liability for...

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Sailing in a Soft Market

Posted by on Oct 8, 2015 in Articles, Underwriting |

Picture the P/C underwriting cycle as rolling waves on the open Atlantic Ocean.  There are crests (hard market) and troughs (soft market) as underwriting profitability goes up and down.  In this analogy, the insurance company represents the boat.  Customers should ask themselves – how safe is their boat and can it weather the ups and downs of the cycle?  Are they riding the S.S. Minnow?  The RMS Titanic? (And hopefully, as their agent,...

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The Price of Boat Insurance

Posted by on Sep 23, 2015 in SkiSafe |

So you’ve just helped your customer secure coverage on her home and car, and perhaps an umbrella policy as well. You offer to obtain a quote for coverage on the family boat, but your customer advises that it isn’t necessary because the loan on it has been paid. Many boaters cancel their coverage once their loan is paid off and coverage is no longer required, as it is only mandatory in Utah and Arkansas. People may think that, because...

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The Incredible E x p a n d i n g House

Posted by on Aug 11, 2015 in Articles, Underwriting |

Have you experienced this before?  I drove past my childhood home for the first time in years.  I stopped my car across the street and double-checked that I had the correct address.  The house and yard looked so much smaller than I’d remembered. The house was built in 1962 and had 3 bedrooms, 1 bathroom, and 1,268 square feet.  For a house that held two parents, three boys, two dogs (and the occasional frog, turtle, and snake), it’s...

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Help Wanted!

Posted by on Jun 26, 2015 in Articles, Industry News |

Do you have a need for recruiting and hiring great talent?  Do you have a succession plan in place if workers leave or retire? Agents and insurance companies share this common need: attracting and hiring qualified employees.  Thanks to new legislation signed by Governor Scott on June 16th, the process is going to be much easier. The centerpiece of House Bill 1133 is workforce development.  It aims to create a college-to-career pathway for...

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Commercial Options Have Expanded. Are you missing any opportunities?

Posted by on Jun 18, 2015 in Articles, Commercial |

For years, the Commercial Lines department has been the quiet neighborhood in our Tower Hill city.  A few cars would accidentally pass through on their way to a more happening event, only to mention as they drive by, “Tower Hill writes Commercial Lines?”  Oh yes, there has been a flash of news here or there, like the appearance of a new class to write, or the ability to access policies online… until now. The clock struck 2015 and we woke...

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