AGENT AGENDA ONLINE   February-March 2005

    State Fund Mutual Companies publication for insurance agents



 
  TOP STORIES  
  SFM to launch company redesign
New business units to specialize in serving customer segments
 
  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.

 
  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.

 
  Outlook uncertain for medical cost-control legislation  
 

Prospects are dimmer for meaningful legislative action this year on curtailing Minnesota's workers' compensation medical costs.

 
  '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.

 
  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.

 
 
BRIEFS
 
  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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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
 
 
Copyright © 2005 State Fund Mutual Companies.  All rights reserved.