E&O Weekly Prevention
Strategies for the Professional Agent
September 12, 2013

Agents of America

Follow Us on Linkedin 
Upcoming Events

Like us on Facebook         Follow us on Twitter       View our profile on LinkedIn


Learning Center  
AOA Strategic Partners 

AOA Preferred Partners

Grebe & Associates, P.C. 
Huggins Actuarial Services, Inc.
Insurance Tax Service
Mark Hunter
Mercer Systems, Inc.
Pearsall Associates
S&A Event Services
eSolutions Inc.
IEA Training
Insurance Networking News
Swett & Crawford
Printing Tips
If you would like to print an article from this newsletter follow these steps:
Click the "Read More ..." link of the corresponding article.
That will get you to the article page.
At the end of the article click "print this page" button to print the article.  
Letter From  the Publisher

Conquering Childhood Cancers


My good friend Tim Sullivan, President & CEO of NAMIC Insurance Company and I can you use your help. In the U.S. alone, more children die of childhood cancer than any other disease - more than AIDS, asthma, cystic fibrosis, congenital anomalies and diabetes combined. And yet, all types of childhood cancers combined receive only 4% of the U.S. federal funding for cancer research.


St. Baldrick's Foundation founded by three reinsurance executives, had an idea to raise money for childhood cancer research by shaving their rather notable heads of hair. In 2012 the Foundation passed the $100,000,000 mark in research grant funding.


After a few years of being a contributor, Tim has step up to be a shavee. On Tuesday September 24, 2013, he will be shaved at the NAMIC Convention in Seattle.  So, he is asking for help from the industry and its business partners. 


Please click on the link below, and make a donation.  His hair, your help and the kids win. 


E&O Tips of the Week 
Each week AOA thru the Learning Center will be providing E&O tips. These E&O tips will be developed from AOA's extensive library of high level educational material and will be included as part of the webinar / seminar package currently in development, that both agents and carriers will find beneficial in reducing E&O Claims. 
Check out this week's E&O TIP on "Exposure  Analysis Checklist".

A review of the top stories on World Risk & Insurance News at WRIN.tv. Here is your opportunity to see the online video news stories you may have missed. Watch them now "Week in Review".


Also listen to Insurance Marketing Expert George Nordhaus interview regarding the McKinsey Report on his "Monday Morning Call" on "What do you think about your clients....What do your clients think about you?"

AgentsofAmerica.ORG has partnered with WebCE, a leading nationwide provider of Continuing Education for insurance professionals, to provide you with state-approved self-study CE courses to satisfy your CE requirements online! Check out your CE State Requirements.  Also check out, this month's Social Media eBook entitled, "Targeting Your SEO Landing Pages" for download.


"Bringing the Best Together"

Angelo J Gioia


AOA News, Views, Tips & More

Obamacare & the Insurance Broker

By Marc Zimet, Esq. of Jampol Zimet LLC

The Patient Protection and Affordable Care Act, otherwise known as "Obamacare," is scheduled to go into effect on January 1, 2014. Once in effect, it will drastically alter the manner in which health insurance is purchased and brokered in California. To comply with the Act, California is required to establish a health insurance exchange, allowing individuals and small businesses to purchase health insurance at competitive rates.

By Joseph P. MonteleoneEsq. of Tressler LLP


In a very brief 2nd U.S. Circuit Court of Appeals opinion, that court held that an insured under a professional liability policy may not recover the amount of its deductible in a subrogation action brought in its name by the insurer until the insurer has recovered in full for its contribution to the underlying settlement, plus the defense costs it paid on behalf of the insured. 

8 Things You Should Never Say in a Termination Meeting

By Jeffrey D. Polsky, Esq. of Fox Rothschild LLP

  1. This is hard for me, too. - While usually true, it's important to recognize that the person doing the firing has it better than the person getting fired. In litigation, the statement will be used to make you sound self-centered and insensitive. 
By Frank J. Fanshawe, Esq. & Jason LaFlam, Esq. of Wilson Elser Moskowitz Edelman & Dicker LLP   
Earlier this year, the Office for Civil Rights (OCR) in the Department of Health and Human Services (HHS) issued its long-awaited omnibus regulations that make significant modifications to the HIPAA Privacy, Security, Enforcement and Breach Notification Rules. These modifications are the result of statutory changes required under the Health Information Technology for Economic and Clinical Health Act (HITECH) and the Genetic Information Nondiscrimination Act (GINA). 

IRS Rules All Legal Same-Sex Marriages Will Be Recognized for Federal Tax Purposes 

By Bruce Schwartz,Esq., Monique Warren, Esq. & Lisa deFilippis, Esq. of Jackson Lewis LLP

The Internal Revenue Service has ruled that same-sex couples who are legally married in jurisdictions that recognize their marriages will be treated as married for all federal tax purposes, regardless of whether the couple currently lives in a jurisdiction that recognizes same-sex marriage or not.

Outsourcing Payroll

By Aaron Peterson of CenterPointe Solutions Inc.


Many employers outsource some or all of theirpayrolland related tax duties (i.e., withholding, reporting, and paying Social Security, Medicare, and income taxes) to third-partypayrollservice providers. Third-partypayrollservice providers can help assure filing deadlines and deposit requirements are met and can greatly streamline business operations. 
AOA Advertisers and Sponsors 
Swett Static Ad
ITS Logo

This newsletter is produced in conjunction with Agents of America, www.agentsofamerica.org. The contents of which may not be reproduced without the express written permission of Agents of America. Copyright 2013