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The Problem of Insufficient Property Limits Brought to you by: Commercial Property and Homeowners/Dwelling Coverage are two of the most frequent sources of E&O claims – and these claims often involve disputes over insufficient property limits. Every agency likely has clients with property limits insufficient to cover replacing the property, which means your agency is…

Dogs and Personal Insurance: Dog Bite Risk, Statistics, and Prevention People have no lack of passion for their pets, and conversations about insurance and man’s best friend can be difficult. Understanding the risks associated with dog ownership is crucial for both policyholders and their insurers. Some dogs will never have an issue, but insurance companies…

FTC Rule: What You Need to Know By: Judd A. Genda & Robert C. Procter   |   On August 20, Federal District Court Judge, Ada Brown, of the Northern District of Texas, issued an injunction barring the Federal Trade Commission (FTC) from implementing its non-compete rule scheduled to go into effect on September 4, 2024.…

Which Works Better – Seller or Traditional Financing for My Agency? By: John Lisowski, SFB Your agency is humming along, even during a hard market, and it feels like it’s time to expand. You have done the homework and you have found an agency that is for sale. The market is good, the seller is…

Vizance Names Tom Schaetz President HARTLAND, WI – 8/16/24 – Vizance is pleased to announce the promotion of Tom Schaetz to the position of President. Schaetz has served as COO of Vizance since 2022 and will now take on additional responsibilities as President. This strategic decision underscores Vizance’s dedication to maintaining independence, driving sustained growth,…

Generative AI Tools and Your Agency Many new tools are emerging that utilize Generative Artificial Intelligence (GenAI). While these tools have the potential to significantly streamline many functions for agents and potentially reduce their E&O exposure, use caution when engaging this new technology. Generative Artificial Intelligence (GenAI): Deep-learning models that can generate high-quality text, images, and…

Former Badger Mutual President/CEO Roy Bubeck Passes It is with deep sadness that I share the news of the passing of Roy Bubeck, who served as the President/CEO of Badger Mutual Insurance from 1998 to 2012. As you know, Roy was a beloved leader, well-known and respected across our organization and agency force. But he was more…

Lindsey Henry Is Named Wisconsin’s 2024 Outstanding CSR of the Year   Madison, WI – The Professional Insurance Agents of Wisconsin (PIA) is pleased to announce that Lindsey Henry, CIC of M3 Insurance in Madison, WI is the 2024 recipient of Wisconsin’s Outstanding CSR of the Year Award. In 1991, the Societies of CISR and…

Proactive Workers’ Compensation Claim Mitigation Strategies Reducing hazards in the workplace can be effective at minimizing accidents and workers’ compensation claims. However, even with proactive safety measures, accidents do happen and the claims process can be a difficult one for employers to navigate. When managing these claims and working with their injured employee, there are…