How Incentive Programs Can Motivate Insurance Agents

July 19, 2022 Guest Author

Anyone who has worked in sales knows that it’s never an easy job in any sector but selling insurance ranks right up there with the toughest of sales jobs in any industry. Suffice to say that insurance agents need a little more motivation because it’s not an easy job and each sale should be made out to feel like the victory that it is. So, how can a manager or a regional head bring out that motivation from his/her agents? There are some tried, tested, and established incentivizing techniques that…

Auto insurance data spat could lead to regulatory battle in Illinois

July 19, 2022July 18, 2022 H. Cutner

Auto insurance data - Regulation Battle - Illinois

A fight over information regarding insurer profits during the pandemic may increase state regulation. Newly disclosed auto insurance data from throughout the pandemic has shown that insurers made excessive profits throughout that span of time, according to the Illinois Public Interest Research Group (PIRG) consumer advocacy group. The watchdog says it is proof that the state is in need of stricter regulation of the industry. Insurers have been fighting against the release of the auto insurance data relating to the premiums charged throughout the pandemic. That information was requested by…