By Geraldine Plott, CPCU, FCLA, SCLA, AIC, ARM, AIS, AINS, CIIP, DAE, CLP-A What does the NAIW Legacy Foundation mean to you? Have you been a part of the foundation? Have you gained any assistance from the foundation? Have you donated? Do you know what the foundation does? Do you know how the foundation functions?
Betsey Blimline
reprinted with permission from the National Oceanic and Atmospheric Administration (NOAA) The Department of State alerts U.S. citizens to the Hurricane Season which lasts through November 2023. Hurricane Season in the Atlantic begins June 1 and runs through November 30. The National Oceanic and Atmospheric Administration’s (NOAA) Climate Prediction Center expects the 2023 season to be near-normal or average. NOAA
By Katharine M. Nohr, J.D. The Fourth of July is one of the most eagerly anticipated holidays of the year in the United States. It’s a day to celebrate American independence, enjoy summer activities, spend time with loved ones, and of course, watch the night sky light up with dazzling firework displays. However, like any
By Katharine M. Nohr, J.D. The insurance industry is challenging, and surprisingly, a reservoir of hidden gems. One of these gems, shining brilliantly yet often overlooked, is the International Association of Insurance Professionals (IAIP). So, what exactly makes IAIP the best kept secret in the insurance industry? Established in 1942, IAIP has earned its place
By Cindy Reeves The hours and days after an accident can be incredibly overwhelming for a vehicle owner. If a customer is in need of a replacement vehicle during repairs, they can now expect their length of rental to be above 15 days, according to Enterprise’s recent Length of Rental data. Contributing factors to this
by Nick Beltramo, SalesScreenInsurance companies have a problem: with most of their sales force employed on a 1099 basis, turnover has been averaging between 80-90% annually. So how can insurance agencies deal with this massive issue? The insurance category has a massive problem: Turnover. With huge quantities of 1099s and very few employees on a
By Katharine M. Nohr, J.D. One of the biggest challenges that any professional organization faces is member retention. While IAIP offers many benefits to members, some choose not to renew due to economic hardship, job change, lack of employer support, burn out, or disenchantment. Consider how much easier it is to bring back former members
Linda Grayless, AIS, API, ACS, AINS, CSM, CPIW, DAE IAIP Week is the week beginning the third Sunday in May each year—May 21 this year. Traditionally banquets, special luncheons and other activities are held by local associations to celebrate the accomplishments of the association and professionals in the industry. Is your local association hosting an
Brenda McDermott, CPCU, SCLA, CIIP, SCLA, ARM, AIDA Inflation, supply chain issues, increased catastrophic losses from climate change, and higher and higher nuclear verdicts mean that insurance carriers are facing higher loss costs and loss ratios to their premium dollar. When that happens insurance carriers must look at opportunities to reduce the costs and expenses
By Brenda McDermott, CPCU, SCLA, CIIP, SCLA, ARM, AIDA Avoiding Bad Faith Judgements and Nuclear Verdicts: Lesson 1: In the Rainmaker the evil insurance company, Great Benefit denies a bone marrow transplant to the dying son of a policyholder. They denied coverage seven times for seven reasons. The first reason being that leukemia is a