Agency Management
New NCCI Filing For Paid While Not Working
New NCCI Filing For Paid While Not Working The National Council of Compensation Insurance (NCCI) submitted state filings in an effort to address the impact of the COVID-19 pandemic on workers’ compensation rates. The rule change proposed by NCCI will create a new statistical code for the reporting of payroll for employees that are being…
Read MoreTrusted Choice® COVID-19 Relief Fund Now Accepting Applications
Trusted Choice® COVID-19 Relief Fund Now Accepting Applications The coronavirus has drastically changed our lives and how we do business. It is a difficult, uncertain time. However, the Big ‘I’ is here to help. With $2 million in funding from Progressive Insurance Company, the Big ‘I’ established the Trusted Choice® COVID-19 Relief Fund to provide critical relief to…
Read MoreNew Producer Licensing Now Available
New Producer Licensing Now Available KAIA and the Kansas Insurance Department (“KID”) have been working closely to develop a solution for the licensing of agency employees. Effective April 16, 2020, the Pearson Vue Professional Centers in Kansas are open to those needing to take the Kansas Insurance Producer Exams. In addition, the Kansas Insurance Department…
Read MoreLicensing Challenges Today
Licensing Challenges Today Many members are experiencing challenges for getting new employees licensed. Testing facilities are closed and there are limited locations for fingerprinting. KAIA staff understands the challenges and continues to communicate with the Kansas Insurance Department (KID) to develop a solution, such as a temporary license. The good news is that a potential…
Read MoreAn Agent’s Right to Request Cancellation for Non-Payment
An Agent’s Right to Request Cancellation for Non-Payment Every time I think I know something about insurance, something always happens to teach me, I don’t know as much as I thought I did. One of those times occurred a couple of weeks ago. An agent called me with a problem. He explained he had a…
Read MoreHow the Insurance Industry Can Help with the Coronavirus Pandemic
How the Insurance Industry Can Help with the Coronavirus Pandemic by Bill Wilson, CPCU, ARM, AIM, AAM Two days ago, I posted this analysis of a lawsuit filed in New Orleans seeking a declaratory judgment that business income insurance covers losses arising from government-mandated business shutdowns or curtailments: “Business Income Insurance…Does It Cover Coronavirus Shutdowns?”…
Read MoreLicensing during the Coronavirus Emergency
Licensing during the Coronavirus Emergency The Kansas Insurance Department (KID) has issued a bulletin and press release stating it will suspend all “non-essential” operations beginning on March 23 until at least April 6. Several members have contacted KAIA asking what to do about new employees they need to get licensed. KID has posted answers to…
Read MoreE&O Risk Management and the Coronavirus
E&O Risk Management and the Coronavirus By Swiss RE Corporate Solutions You are all very aware of the events of the last several weeks and the Coronavirus. We are not health experts and there are many others more qualified to give you that advice. We CAN, however, give advice regarding how to reduce the likelihood…
Read MoreThree Things You Can Learn from a Salary Survey
Three Things You Can Learn from a Salary Survey The sooner you invest time in a reliable compensation survey the sooner it can create strategies truly needed to drive growth. Scrambling for compensation data every time you hire a new employee? The sooner you invest time in completing the KAIA/IntellAgent Salary Survey the sooner you can…
Read MorePlan Your Work and Work Your Plan
Plan Your Work and Work Your Plan Provide a vision that looks beyond the present to the desired future ndependent insurance agencies are at a crossroads. Decisions made in the next few years will have a profound and perhaps irrevocable impact on the future of the independent agency system. Strategic planning is not only a necessity, but…
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