This message contains images. If you don't see images, click here to view.
Click here to advertise in this news brief.




  Mobile version    RSS    Subscribe    Unsubscribe    Archive    Media Kit Jun. 19, 2013

Home   Services   Membership   About PIA   Job Board      



The ACE Group

A global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited, the ACE Group conducts its business on a worldwide basis with a physical presence in 53 countries.

 

PIA National leads charge for navigator standards
An intensive lobbying effort by PIA National has resulted in 33 members of Congress sending a letter to Health and Human Services Secretary Kathleen Sebelius. The letter pressed her on standards for health care navigators who will be helping people buy insurance in the soon to be operational Obamacare insurance exchanges.
   Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE  




 Around PIA Western


Around the PIA Western Alliance states
Updates on PIA Western states.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


 News You Can Use


Got big data plans? Get ready to deal with data storage
Insurance Networking
Most may consider storage to be an unappreciated field of endeavor. Like taxes, it's something organizations know they have to begrudgingly dig into their pockets to throw money at. But in this era of big data analytics, storage needs to be recognized for what it is: the very foundation of business growth. That is, without it, there can be no growth — and no security or compliance, either.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


PRODUCT SHOWCASE
  Increase Your Premium Financing Profits

COST manages and operates insurance premium finance companies for clients nationwide. The COST Program™ enables you to focus on your core business - running your insurance agency or company - while increasing profits, improving customer service, controlling the finance process, enhancing market value, creating a profit center for your business, and adding to your bottom line with no extra staff or fixed expense - If you aren't earning $30,000 to $40,000 per $1mm financed contact COST today.
 


Campaign launched attempting to reach the uninsured
The Associated Press via InsuranceNewsNet.com
A nonprofit organization has launched a campaign targeting states with high numbers of those uninsured in attempt to provide clear messages about the health care overhaul and insurance programs that are available under the Obamacare plan.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Analysis: Best practices for monitoring property, casualty and worker's comp claims
ProperyCasualty360
In claims management, preventive measures are still the best way to control costs. However, claims are going to occur, so having the right plan in place to manage them becomes critical. A client's claims-management functions can have significant impact on how insurers view the risk during the underwriting process.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


A bright future for agent, carrier interfaces?
Insurance Networking
For several years now, a group of agents, carriers and vendors have worked together to promote standardized electronic interfaces using ACORD standards. Part of their efforts include annual Realtime/Download Surveys, and for the 2013 edition, responses were obtained from about 2,200 agents throughout the United States and Canada. While the results were promising for the Realtime and Download technologies in the future, agents are hoping that they can work together with carriers to increase the speed and accuracy of the interfaces.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


 Industry News from PIA Western Alliance


Obamacare crisis in Congress: Not what you're thinking
The implementation of the Patient Protection and Affordable Care Act — Obamacare — is causing some consternation in Congress. And for once it's not because one party wants it repealed or the other wants an expansion. It involves who got included in the law when it was passed.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Bigger health insurers avoiding Obamacare exchanges
The largest health insurers in the nation are either avoiding involvement in the Obamacare exchanges or they are keeping their participation to the states where they are already offering insurance. That means smaller insurance companies are becoming more important in the overall scheme of things. It also means that some states will only have one or two choices for health insurance rather than the plethora of choices envisioned by the Democrats when they crafted the Patient Protection and Affordable Care Act.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


CLIPS: Commercial Insurance Rates
Towers Watson's Commercial Lines Pricing Survey is also known as CLIPS. In the first quarter of 2013 report, CLIPS hints that the soft market may be over for commercial lines. It says commercial insurance rates are up 7 percent in the first quarter of 2013 when compared to the first quarter a year ago.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE
Looking for similar articles? Search here, keyword INSURANCE RATES.


Senate passes farm bill
Recently, the U.S. Senate easily passed the farm bill by a vote of 66-27. The five-year, $500 billion bill expands crop insurance and cuts roughly $4 billion — over ten years — to the food stamp program. The Senate bill also creates a shallow loss program that will compensate farmers for small losses before crop insurance comes into play. The House may pass its own bill sometime soon.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Deloitte: Small business likes buying insurance online
Deloitte's recent study is revealing. The report, " Voice Of The Small-Business Insurance Consumer Are Buyers Ready To Take The Direct Sales Route?" looks at how small businesses and businesses in general view purchasing insurance online. General liability — says Deloitte — is the most likely online purchase and workers' compensation is the least likely. And those shopping online expect discounts.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Seller transparency: The threshold of acquisitions
Rick Dennen, president and CEO of Oak Street Funding
We talk a lot at Oak Street Funding about the importance of due diligence before the acquisition of a business or book of business. From white papers to articles to webinars, we try to educate agency principals with the hope of preventing acquisition failures. Just when we fear we're starting to sound like a broken record, we hear another first-hand account of a deal gone bad, affirming the need for this education.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


FEATURED ARTICLE
TRENDING ARTICLE
MOST POPULAR ARTICLE
The US economic recovery: Long, slow, but still going
Bloomberg Businessweek
There's a lot to complain about when it comes to the U.S. recovery. Unemployment isn't falling fast enough or far enough. Manufacturing is weak. Gross domestic product is expanding at a modest 2 percent clip. Yet this recovery has one advantage: It keeps going.

Share on FacebookTwitterShare on LinkedinE-mail article
read more
New study puts spotlight on FMCSA insurance requirement
Truckinginfo
A group of trucking companies released research indicating that the federal insurance requirement for the industry is too low.

Share on FacebookTwitterShare on LinkedinE-mail article
read more
President issues executive orders to curb 'patent trolling'
Insurance Journal
President Barack Obama took steps intended to limit frivolous patent lawsuits, a practice referred to as "patent trolling."

Share on FacebookTwitterShare on LinkedinE-mail article
read more


Insurance agencies: Technology profitable
Vertafore is an insurance software and agency management systems company. It took an interesting survey at the recent Network of Vertafore Users conference. The most interesting statistic is that 77 percent of those surveyed said technology helped their agencies grow fiscally.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


People trust insurers with their data
Personal data and who is doing what with that data is a hot news item these days. The federal government is accused of mining emails and phone numbers. Hackers are ripping personal information from companies by the dozens. It's scary out there. While we don't tend to trust government, a new poll by Allstate says we do trust the insurance industry.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Pet insurance: A new company health benefit
Here's a new twist on employer health care coverage. Pet insurance. Veterinary Pet Insurance did a study and found that 1 in every 3 Fortune 500 companies are now offering employees pet health insurance.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


2012 weather disasters: Expensive
The National Climatic Data Center said the U.S. experienced 11 disasters generated by weather and climate that caused $1 billion in damage or more. In those disasters more than 300 people died. It's the second most costly and active year on record.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Finally: The FIO report — kind of
Federal Insurance Office Director Michael McRaith has released his long anticipated — and very late — Dodd-Frank Actmandated report. It's not exactly what the insurance industry — or the federal government for that matter — was expecting.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Obamacare: Will Americans comply (PIAW)
States not supporting Obamacare lose $8.4 billion (PIAW)
Obamacare forcing insurance companies to cover hundreds of Planned Parenthoods (The Examiner)
New survey explores how carriers support agency growth strategies (Insurance Journal)
President issues executive orders to curb 'patent trolling' (Insurance Journal)

Don't be left behind. Click here to see what else you missed.


Pacific Coast cue for a major earthquake
We hear a lot about how people worry about the "big one" in Southern California. Another area of the West coast is also of concern. It is the Pacific coast. Audrey Dallimore of British Columbia's School of Environment and Sustainability at Royal Roads University said the Pacific coast is overdue for a major earthquake.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Insurance advertising
You're seeing more insurance advertising than ever. SNL Financial says Allstate upped its television advertising by 14.8 percent over 2012's stats. State Farm has reduced its advertising by 4.4 percent to $777.9 million.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


A good night's sleep — what's that?
We don't sleep very well. A sleep study called Rx Sleep Survey done by Targeted Medical Pharma found that 83 percent of us don't often get a good night's sleep. Yet, just 25 percent of us are willing to take a prescription medication of some sort to help us sleep better. Seventy-one percent would rather find another way.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Insurance employment — dropping
The Insurance Information Institute did an analysis of April's insurance employment numbers. They're down. Or so says Dr. Robert Hartwig, the institute president. He said insurance lost 1,400 jobs in April compared to March. The new number hurt the gains the industry has made recently.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


 Just for Fun


Just for Fun: Great golf quotes
If there is a most favorite sport for the insurance industry, it is likely golf. A huge percentage of the people working in the industry play. The game is a blast and some unique characters have mastered the game. Others, famous in other fields have mastered it, too. But does anyone really master golf? Probably not. With warmer and dryer weather, fanatics are playing more golf and having whatever fun the game allows one to have. If you're not having fun, maybe these quotes will at least bring a smile to your face and some relief from that blown putt or drive.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


 

PIA Weekly Industry News
Colby Horton, Vice President of Publishing, 469.420.2601
Download media kit

Rebecca Eberhardt, Content Editor, 469.420.2608   
Contribute news

Gary Wolcott, Writer for PIA Western Alliance, 503.724.9028   

Be sure to add us to your address book or safe sender list so our emails get to your inbox. Learn how.

This edition of the PIA West Weekly Industry News was sent to ##Email##. To unsubscribe, click here. Did someone forward this edition to you? Subscribe here -- it's free!
Recent issues
June 19, 2013
June 12, 2013




7701 Las Colinas Ridge, Ste. 800, Irving, TX 75063