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July 20, 2010  
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  Insurance Advisors Hot Topics
 

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Insurance Advisors Terms


  > Fleet coverage
This is multi-vehicle coverage that applies to businesses that rely on a number of vehicles and need to insure them collectively.
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  > Deregulation
Under Washington state law known as “use-and-file,” commercial property/casualty contracts negotiated between insurers and businesses may go into effect immediately. The policy itself can be filed for state review later.
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  > Workers' compensation
Most employers are required by law to provide workers' compensation insurance through a state system operated by the Department of Labor & Industries. Worker comp pays an employee's medical expenses and provides some income replacement when a worker is injured on the job.
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   North Dakota Insurance Advisors & Nationwide News:

Progressive Group, Drive Insurance Company

NEW YORK (January 12, 2006) — Drive® Insurance from Progressive ("Drive") Group President Bob Williams rang The Closing BellTM at The New York Stock Exchange on Thursday, January 12, 2006 to commemorate the one-year anniversary of the introduction of the brand designed to help independent agencies grow their business. Drive is the number one auto insurance brand sold by independent agencies countrywide, and Williams was joined on the podium by a number of independent insurance agents who represent the company.

The Drive brand launched countrywide in January 2005 with the premiere of national television advertising during the NFL playoffs. The brand's commercials feature television celebrities like John O'Hurley (Seinfeld, Dancing With The Stars) and Ryan Stiles (The Drew Carey Show), and highlight all that independent agents offer — personal service, advice, custom coverage and more. Advertising encourages consumers to go to the Drive Web site — driveinsurance.com — to find a local, independent agent or broker. The Web site tallied over a million unique visits in 2005.

Drive also provides a variety of opportunities for independent agents to grow their business with its nationally recognized brand, and agents have responded enthusiastically. More than 10,000 Drive signs now appear at independent agencies across the country, more than 4,000 agents participate in Drive display ads in local Yellow Pages, and more than 5,000 receive Internet referrals from driveinsurance.com.

The Progressive Group of Insurance Companies, in business since 1937, is the nation's third largest auto insurance group. Progressive companies using the Drive Insurance brand comprise a group that is the largest writer of auto insurance through independent agents and brokers in the U.S., based on premiums written.

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Contact our North Dakota Insurance Advisors


If you live in the following cities and need an Insurance Advisor or to get a quote, you should contact our North Dakota Insurance Advisors today:

  • Bismarck
  • Dickinson
  • Fargo
  • Grand Forks
  • Jamestown
  • Mandan
  • Minot
  • Wahpeton
  • West Fargo
  • Williston
       
 
Did You Know?    
 
 
LLC envelope offers substantial advantages over other entities
There are at least five common circumstances when a tax regime other than an S corporation may be more appropriate: 1) the business cannot qualify as an S corporation; 2) the one-class-of-stock limitation for S corporations cannot accommodate certain business terms agreed to by the parties; 3) the business involves appreciating assets (i.e., assets that have, or are likely to have, a fair market value in excess of basis), such as real estate; 4) the business has considerable debt and the owners anticipate significant losses;15 and 5) the wage-reduction tax strategy explained previously will not benefit the owners because either the primary income of the business is excluded from self-employment tax16 or, in the case of newly formed companies, one or more employee-owners already receive aggregate wages or self-employment income from an existing business in an amount which approaches the taxable wage base limitation

 
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Latest News
  Latest Insurance related news in North Dakota and nationwide: Mar 02, 2007 - Keep Health Coverage After A Job Change
Most individuals go through a number of life events that affect their health benefit needs and the choices they make. Ther
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Jul 14, 2006 - Hurricane Insurance Claims Paid in Mississippi Approaching $3 Billion Mark
Jackson –Commissioner of Insurance George Dale announced today that insurance companieshave paid out nearly $3 billio
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Jan 18, 2006 - Progressive Group, Drive Insurance Company
NEW YORK (January 12, 2006) — Drive® Insurance from Progressive ("Drive") Group President Bob Williams ra
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The information provided on North Dakota Insurance Advisors.com is not intended to be insurance advice, but merely conveys general information related to insurance issues commonly encountered.

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