| AGENT AGENDA ONLINE February-March 2005 | ||||
| State Fund
Mutual Companies publication for insurance agents |
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| TOP STORIES | ||||
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SFM to launch company redesign New business units to specialize in serving customer segments |
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| State Fund Mutual has embarked on a companywide organizational redesign. The redesign is intended to strengthen customer service, increase operating efficiencies, improve effectiveness with employers and agencies through staff specialization, and reconfigure to lead the way for significant future business growth. |
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| 2004: Policy retention stays strong as total premium nears $100 million | ||||
Ninety-one percent of State Fund Mutual's policyholders renewed in 2004, sustaining SFM's consistently high performance over the years in retaining policyholders. |
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| Outlook uncertain for medical cost-control legislation | ||||
| Prospects are dimmer for meaningful legislative action this year on curtailing Minnesota's workers' compensation medical costs. |
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| 'Failure to insure' fines drop due to DOLI staff reductions | ||||
Minnesota employer assessments for failure to insure dropped 47 percent in 2004, according to a recent report by the Minnesota's Department of Labor and Industry. |
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| SFM ranks top in prompt response | ||||
| State Fund Mutual continues to be No. 1 among large Minnesota insurers--those with more than 1,000 lost-time claims--for prompt action on claims, according to the Minnesota Department of Labor and Industry's 2004 Prompt First Action Report. |
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BRIEFS |
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| Agencies with largest growth in 2004 | ||||
| Slips-and-falls up | ||||
| Bill review, physician review savings | ||||
| Loss control education | ||||
| Assigned Risk Plan grows | ||||
| State self-insured assessment | ||||
| Stretching Works @ Work kit mailed to employers | ||||
| WISCONSIN | ||||
| Dividends declared | ||||
| New prospect piece | ||||
| CALENDAR | ||||
| Feb. 1 - April 30 Post OSHA Log April 1 MCPAP deadline April 26 "Responding to work injuries" seminar |
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| Feedback about Agent Agenda Online is welcome. Email comments to AgentAgenda@sfmic.com. Agent Agenda archives can be accessed online at www.sfmic.com/agents/aaarchives.cfm. Visit SFM's agent webpage at www.sfmic.com. Agent Agenda Online is published bimonthly by State Fund Mutual Companies, 3500 American Blvd. West, Suite 700, Bloomington, MN 55431-4434. Inquiries about the publication, call (952) 838-4284 or email AgentAgenda@sfmic.com. To subscribe, send your name, telephone number and email address to AgentAgenda@sfmic.com PRESIDENT Patricia R. Johnson, VICE PRESIDENT INSURANCE OPERATIONS Frances M. Kaitala, EDITOR Mark A. Ladwig, ASSISTANT EDITOR Jennifer Kopp BOARD OF DIRECTORS: Truman L. Jeffers, chair; Eugene R. Merriam, vice chair; James W. Benike, Tamara G. Garcia, Patricia R. Johnson, Robert Mars, L. Mark Michel, F. Clayton Tyler, Matthew P. Winkel |
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Copyright © 2005 State Fund Mutual Companies. All rights reserved. |
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