Insurance Review articles from December 1990

Insurance Review archives from December 1990

Unappreciated lists. (customer list depreciation)
December 1, 1990... UNAPPRECIATED LISTS * Independent agents soon may be joining the ranks of those with a grudge against the Internal Revenue Service (IRS). The federal tax collector, it seems, wants to call a halt to the practice of depreciating the value of...

A consumer group in crisis? (Public Citizen)
December 1, 1990... A CONSUMER GROUP IN CRISIS? * In a flurry of excitement, the consumer group Public Citizen recently announced to the world its discovery that five of this country's largest insurers are "potentially at risk." Wall Street shuddered. How...

Loss control for kids. ('Safety Thinker,' a program sponsored by American Insurance Services Group Inc.)
December 1, 1990... LOSS CONTROL FOR KIDS * Accidents kill more children than all diseases combined, according to the American Academy of Pediatrics. In an effort to reduce this alarming cause of childhood death, the American Insurance Service Group Inc. (AISG)...

Nothing personal: the company pull back from auto and other personal lines is testing the ingenuity of many independent agents.
December 1, 1990... Nothing Personal As the new year rolled around last January, John R. Wilson and his colleagues at Cordell & Co. looked ahead with optimism. "We had five willing companies that wanted to see some production and we were mapping plans to...

Coming to grips with interface: downloading looms as a palatable compromise while the industry continues to work toward single-entry, multiple-company interface.
December 1, 1990... Coming to Grips With Interface There are probably more than a few automated agents who frequently wonder if the industry's affection for interface will ever blossom into a meaningful relationship. For most of the past decade, the pursuit of...

Report from Capitol Hill: an analysis of key congressional actions in 1990 and their impact on the insurance industry. (includes related information on state legislative highlights)
December 1, 1990... REPORT FROM Capitol Hill The 101st Congress, which struggled to a belated close in late October, marked another two years of increasingly difficult political struggle by the insurance industry in Washington. For the most part, the industry...

A smash act: a new generation of lifelike test dummies will help save human lives in side-impact auto crashes.
December 1, 1990... A SMASH ACT Vince and Larry get bashed around a lot in car accidents. They fly through windshields, bang their skulls, slam their chests against steering wheels and lose their limbs. Moreover, these indignities are filmed and aired on...

Agency perpetuation: finalizing the transaction.
December 1, 1990... Agency Perpetuation: Finalizing the Transaction This article, the last in our agency perpetuation series, will focus on setting terms of payment to a retiring stockholder and explore various structuring alternatives to help minimize...

Down the road to download: only a common commitment by all parties to support downloading will make multiple-company interface possible.
December 1, 1990... Down the Road to Download In many ways, we stand at a crossroads on the interface highway; we can continue straight ahead the way we've been going - steady, but slow - or we can take the express lane marked "downloading." We must make a...