The February Insurance Board Meeting was called to order by President Mark Haney on February 14, 2013. First of all, we would like to offer our condolences to Chuck Osbourne on the loss of his father. The financials were discussed. Nathan announced that we had a net income of 20 million and a net surplus […]
President’s Report by Mickey Sirls
February 19, 2013 By Leave a Comment
January Insurance Board Meeting Memberships through January are 4025 behind last year at this same time. 107 agencies have less than 1% growth. 94 of 170 agencies will get some type of loss ratio bonus. Reserves: January 2012 surplus = $840 million, December 31, 2012 surplus = $928 million. Reinsurance has been purchased for 2013 […]
The Value of an Agent Delivery System
February 7, 2013 By 1 Comment
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 […]
Policy Committee
January 25, 2013 By Leave a Comment
by Ricky Greenwell KFBIAA members, I need your help. My name is Ricky Greenwell, Agency Manager, McCracken County Farm Bureau Broadway Office, and KFBIAA Vice President. I am currently serving on the Policy Committee in the State Office and our task is to come up with three ideas that can be implemented easily in the next few months […]
Validating Agent Perspective
January 3, 2013 By Leave a Comment
by Willie Colston My name is Willie Colston and I am an agent in the Lyndon office of Jefferson Co. I wanted to write about my journey a little bit to encourage any validating agents or agents just coming off validation. I am finishing up my last month of validation and I’m excited about what […]
KFB’s Grassroots Heritage
December 19, 2012 By Leave a Comment
by Hunter Bowen Now I am not a historian for Kentucky Farm Bureau and do not claim to know all the reasons why the Federation of Kentucky Farm Bureau started the Insurance Company. I have been told that the Federation wanted to help the rural community have an outlet to obtain insurance at a competitive […]
