by John Beavin In 2012, Kentucky Farm Bureau faced some of the most daunting challenges that our company has ever faced. In a year where the company had not one, but two 100 million dollar claim events, the company’s surplus actually increased by the end of the year to top $900 million. For some, 2012 […]
President’s Report for November
December 5, 2012 By Leave a Comment
The insurance board of KFB met Monday, November 19 at the home office. It was announced that the KFBloss ratio, as of October 31 was 110.96. This figures in a $5.9 million underwriting profit for October, even though auto was not profitable in October. So let’s see, that’s 3 out of the last 4 months that we have […]
Agency Perspective by Michael Davis
November 28, 2012 By 1 Comment
Rip off the mirror and keep driving Kentucky Farm Bureau has spent a lot of time and effort to explain to all of us how the actions of our past have us where we are today. Yes, I get it. I suppose it’s the thought that if we do not remember our past we are […]
Out of County Business: Problems or Partnership?
November 16, 2012 By Leave a Comment
by Danny J Luttrell Since I started with Farm Bureau in 1988, it seems that “out of county” business has always been a hot topic of discussion among the agency force. I have seen some agents get so angry in various meetings when discussing problems with out of county business, that I was afraid they would […]
Agency Perspective by Bryan Carroll
November 5, 2012 By 1 Comment
To be Preferred or Profitable? That is the question. If you can believe it, I am thinking about profitability. We are looking to increase revenue, a simple idea. Everyone has a few clients on the books that deal in rental property. The majority of the properties do not look like the preferred risk property we […]
Teamwork: Helpful Tips For Assisting Adjusters
November 2, 2012 By Leave a Comment
by George Bates Our “titles” are spelled differently but we all have the same job of “serving the member.” In the spirit of teamwork, I offer the following; As agents, you are almost always the first person to become aware of the claim and gather very valuable information at FNOL. One good reminder for all of […]
