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Call Us Before You Hire New Drivers10/10/2023 Did you know that we can run the motor vehicle report before you hire a new driver to help avoid costly surprises at renewal?
Many factors go into renewal pricing including driving violations. This means that if a driver has violations on their driving record, it could lead to an increase at renewal. Depending on the violation(s), it could also lead to a non-renewal from the carrier. Therefore, call us before you hire and let us help you with what should be a part of your background check. We can take a look and mitigate what could become potential impacts to your insurance.
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Cybersecurity Resources9/29/2023 October is Cybersecurity Awareness Month!
Did you know a new cyberattack occurs every 39 seconds and 64% of companies have experienced at least one cyberattack? That’s why cyber safety is becoming an increasingly common concern for people across the globe in all industries—and rightfully so. However, we understand that this is a complex risk and you may not know where to start or be overwhelmed by how fast cyber best practices change. But just because it’s called the “dark web” doesn’t mean you should be in the dark about the risks and best practices—so we’re here to help. Glatfelters has a cybersecurity microsite to help you understand your risks, know what to do if you experience a breach and understand key ways to help prevent one from happening in the first place.
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WinStar Insurance Group continues for the 4th year to be part of an elite group of independent insurance agencies around the United States participating in the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) Best Practices Study Group.
The agencies comprising the study group are selected every third year through a comprehensive nomination and qualifying process and awarded a “Best Practices Agency” designation. The selected Best Practices agencies retain their status during the three-year study cycle (2022-2024) by submitting extensive financial and operational data for review each year. During the 2023 Study year, only 264 independent agencies throughout the U.S. qualified and retained their status as a Best Practices agency. The Best Practices Study was initiated by IIABA in 1993 as the foundation for efforts to improve agency performance. The annual Study of leading independent insurance agencies, which is conducted by the Big “I” and Reagan Consulting of Atlanta, GA, documents the business practices of these “best” agencies and urges others to adopt similar practices. For over 30 years, the Big “I” has developed a family of products and webinars designed to help cultivate a Best Practices agency culture. The offerings include materials such as the Agency Comparison Workbook, Guide to Producer Contracts, the Customer Service Experience Handbook, Sales Potential Quick Check, Interactive Agency Self-Diagnostic Tool, and Best Practices Joint Planning Tool Quick Step. Many of the publications include guidelines, worksheets, and case studies to help agents apply the information contained in each report and move beyond theory into practice. In addition to these materials, hundreds of workshops and seminars have been conducted at various producer association functions, company sponsored agency meetings and national automation users group conventions. The Big “I” and Reagan Consulting jointly maintain the Best Practices Gateway website (www.reaganconsulting.com/reasearch/best-practices) that provides executive summaries of the annual Best Practices Studies and various Best Practices tools. The Gateway, as well as the annual study, is made possible in part through the financial sponsorship of various insurance companies and industry organizations. The 2023 Best Practices Study sponsors include: Amerisure, Applied Systems, Central Insurance, Chubb, EMC Insurance, First Insurance Funding, The Hartford, Imperial PFS, InsurBanc, Liberty Mutual Insurance, Safeco Insurance, State Auto Insurance Companies, National General, Nationwide, Progressive, SunLife, Travelers, Vertafore, Westfield Insurance and Westfield Bank. For more information on the Best Practices Study, contact Jennifer Becker at IIABA, 1-800-221-7917. Founded in 1896, the Independent Insurance Agents & Brokers of America (the Big “I”) is the nation’s oldest and largest national association of independent insurance agents and brokers, representing more than 25,000 agency locations united under the Trusted Choice brand. Trusted Choice independent agents offer consumers all types of insurance—property, casualty, life, health, employee benefit plans and retirement products—from a variety of insurance companies.
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Lightning Risk Management7/7/2023 Lightning Damage Prevention ChecklistThe impact of a large electrical discharge can damage buildings, equipment and operations, resulting in service outages. If your facility is located in an area that is prone to lightning storms, use of the following checklist may help you analyze your potential exposure and prepare for this peril. Lightning Protection GuideThere are approximately 100 cloud-to-ground lightning strikes on Earth every second. Each of these lightning bolts can contain up to one billion volts of electricity. With the frequency of lightning strikes and the power of lightning, is it any wonder that lightning damage occurs? Submersible vs. Line Shaft Water Pumps and Motors Failure and ReplacementRecent loss experience has shown that electrical line disturbances can cause water pumps and motors to fail. To manage this risk, there are several steps authorities can take when designing, installing or replacing a water pump and motor system. These can help to reduce the potential for a pump failure and avoid the costs associated with replacing a failed water pump system.
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