Agent News

February 2015

Class Codes

Focusing on markets that Accident Fund knows the best helps your agency achieve profitability. Make sure you know which class codes are on top.

Arkansas

  • 8380 Automobile Service or Repair Center & Drivers
  • 8116 Farm Machinery Dealer-All Operations & Drivers
  • 8203 Ice Dealer & Drivers
  • 8006 Store: Grocery Retail, Includes Rural General Stores

Georgia

  • 8868 College: Professional Employees & Clerical
  • 4034 Concrete Products Mfg & Drivers
  • 5215 Concrete Work-Incidental to the Construction of Private Residence
  • 8869 Professional Employees: School or College
  • 9083 Restaurant: Fast Food

Illinois

  • 8601 Architect or Engineer-Consulting
  • 3400 Metal Goods Mfg. NOC

Indiana

  • 8835 Home Health, Public and Traveling-All Employees
  • 3632 Machine Shop NOC

Iowa

  • 9014 Buildings-Operation by Contractors
  • 0917 Domestic Service Contractor-Inside
  • 9052 Hotel: All Other Employees & Salespersons, Drivers
  • 4299 Printing
  • 9082 Restaurant NOC

Kansas

  • 8395 Automobile Repairs Facility
  • 9082 Restaurant NOC
  • 8033 Store: Meat, Grocery and Provision Stores Combined-Retail NOC
  • 9154 Theater NOC: All Other Employees

Maryland

  • 7390 Beer or Ale Dealer-Wholesale & Drivers
  • 0917 Domestic Service Contractor-Inside

Michigan

  • 9015 Buildings-Operation-By Owner, Lessee, or Real Estate Management Firm: All Other Employees
  • 7380 Drivers, Chauffeurs & Their Helpers NOC-Commercial
  • 3146 Hardware Mfg NOC
  • 5183 Plumbing NOC
  • 5538 Sheet Metal Work-Shop and Outside-NOC

Minnesota

  • 9052 Hotel: All Other Employees & Salespersons, Drivers
  • 8832 Physician & Clerical
  • 9082 Restaurant NOC
  • 8824 Retirement Living Centers: Health Care Employees
  • 9016 Skating Rink Operation & Drivers

Mississippi

  • 8380 Automobile Service or Repair Center & Drivers
  • 5102 Door, Door Frame or Sash Erection-Metal or Metal Covered
  • 3632 Machine Shop NOC
  • 9082 Restaurant NOC
  • 8032 Store: Clothing, Wearing Apparel or Dry Goods-Wholesale

Missouri

  • 9014 Buildings-Operation by Contractors
  • 5102 Door, Door Frame or Sash Erection-Metal or Metal Covered
  • 8387 Gasoline Stations – Retail
  • 8044 Store: Furniture & Drivers
  • 7231 Trucking: Mail, Parcel or Package Delivery-All Employees & Drivers

Nebraska

  • 8601 Architect or Engineer-Consulting
  • 8380 Automobile Service or Repair Center & Drivers
  • 7228 Automobile Towing Company
  • 9083 Restaurant: Fast Food

North Carolina

  • 4583 Fertilizer Mfg & Drivers
  • 8835 Nursing-Home Health, Public and Traveling-All Employees
  • 8864 Social Services Organization – All Employees & Salespersons

South Carolina

  • 9060 Club-Country, Golf, Fishing or Yacht-& Clerical
  • 7520 Waterworks Operation & Drivers

South Dakota

  • 5645 Carpentry-Detached One or Two Family Dwellings
  • 9052 Hotel: All Other Employees & Salespersons, Drivers
  • 9058 Hotel: Restaurant Employees
  • 5022 Masonry NOC
  • 7600 Telephone or Telegraph Co.: All Other Employees & Drivers

Tennessee

  • 5437 Carpentry-Installation of Cabinet Work or Interior Trim
  • 5537 Heating, Ventilation, Air-Conditioning and Refrigeration
  • 9082 Restaurant NOC
  • 7520 Waterworks Operation & Drivers

Texas

  • 8810 Clerical Office Employees NOC
  • 8034 Fish, Meat or Poultry Dealer – Wholesale
  • 5183 Plumbing NOC & Drivers
  • 9079 Restaurant NOC
  • 7520 Waterworks Operation & Drivers

Virginia

  • 8861 Charitable or Welfare Organization Professional Employees
  • 8835 Nursing-Home Health, Public and Traveling-All Employees

Wisconsin

  • 9060 Club-Country, Golf, Fishing or Yacht-& Clerical
  • 8835 Home Health, Public and Traveling-All Employees
Rate Changes

Please take note the upcoming rate changes in various states.

Core States

 

The following core states have a pending rate change. New rates are not yet available in eLink; however, some renewing policies may be viewable in the renewal index. Please refrain from releasing quotes and renewals for these states until rates are updated.

State Effective Date
Georgia 07/01/15
Texas 07/01/15

Virginia

Effective April 1, Accident Fund is adopting NCCI’s revised loss costs in Virginia, resulting in an industry average increase of 0.9% to the voluntary loss cost level. In addition, we are decreasing our Loss Cost Multipliers as stated below to assist in market competitiveness. The actual Accident Fund impact will vary by class. New rates became available in our eLink system on Jan. 26.

Virginia Loss Cost Multipliers effective April 1:

  • Accident Fund Insurance Company of America 1.43
  • Accident Fund General Insurance Company 1.65
  • Accident Fund National Insurance Company 1.19

Accommodation States

State NCCI/Bureau
Impact
Effective Date
Alabama -2.6% 03/01/15
Louisiana -2.4% 05/01/15

Please be sure to discuss pricing options for all new business and renewals with your business development consultant

Agency Hall of Fame

The Agency Hall of Fame is recognition for those agencies that write the most new business each month. The acknowledgment, given to top agencies in each state, allows us to show appreciation to our agent partners for their efforts.

Arkansas

  • BancorpSouth Insurance Services, Inc., Little Rock
  • Brown & Brown of Russellville, Russellville

Georgia

  • Risk Innovations, LLC, Atlanta
  • Yates Insurance Agency, Inc., Atlanta

Illinois

  • Lundstrom Insurance Agency, Inc, Elgin
  • Southpoint Insurance Agency Inc, Mokena

Indiana

  • Gregory & Appel Insurance Agency, Indianapolis
  • H. J. Spier Co. Inc., Indianapolis

Iowa

  • Harper Insurance Agency, LLC, Manchester
  • Holmes, Murphy & Associates, Inc., West Des Moines

Kansas

  • Fee Insurance Group, Inc., Hutchinson
  • USI Midwest LLC – Wichita, Wichita

Maryland

  • Moody & Associates Inc., Germantown
  • Sandy Spring Insurance Corporation, Glen Burnie

Michigan

  • The Huttenlocher Group, Waterford
  • TrueNorth Companies, L. C., Grand Rapids

Minnesota

  • Arthur J. Gallagher Risk Management Services Inc., Bloomington
  • RJF, a Marsh & McLennan Agency LLC Company, Minneapolis

Mississippi

  • GCM Insurance Agency, LLC, Columbus
  • Insurance & Risk Managers, Brookhaven

Missouri

  • Charles L. Crane Agency Company, Saint Louis
  • W. E. Walker – Lakenan, LLC, Cape Girardeau

Nebraska

  • INSPRO, Inc., Lincoln
  • UNICO Group, Inc., Lincoln

North Carolina

  • Faw Insurance Agency, Inc., North Wilkesboro
  • Insurance Service Center of Fayetteville, Inc., Fayetteville

South Carolina

  • Anderson Insurance Associates, LLC, Charleston
  • Keenan & Suggs, Inc. – Columbia, Columbia

South Dakota

  • Fischer Rounds & Associates Inc. Mitchell, Mitchell
  • Howalt McDowell Ins, a Marsh & McLennan Agcy LLC Co, Sioux Falls

Tennessee

  • BB&T Huffaker Insurance, Chattanooga
  • Chappell, Smith & Associates, Inc., Franklin

Texas

  • Highpoint Insurance Group, LLC, Houston
  • InSource Ins Agcy, San Antonio

Virginia

  • Campbell Insurance, Lynchburg
  • Sheehan Insurance Group, Inc., Haymarket

Wisconsin

  • Johnson Insurance Services, Inc., Racine
  • McClone Agency Inc, Menasha
Congratulations to our President’s Club Qualifiers

trophiesIn qualifying for Accident Fund’s President’s Club, the following agents contributed to our overall success in 2014 by helping us grow and retain profitable business. Through their dedication to our products and their commitment to promoting our value to customers, they achieved impressive results for Accident Fund. We appreciate their ongoing support, continued feedback and valued insight into the individual needs of their clients.

President’s Club qualifications include written premium exceeding $1.5 million, a cumulative loss ratio of 50% or less, and premium retention of 80% or higher. We are proud to honor these agencies:

  • InPro Insurance Group, Inc. — Michigan
  • Doyle & Ogden, Inc. — Michigan
  • Consolidated Insurance Center, Inc. — Virginia
  • Ralph C. Wilson Agency Inc. — Maryland
  • Goodman Venegas Insurance Agency, Inc. — Michigan
  • The Larkin Group — Michigan
  • Brownrigg Companies Ltd. — Michigan
  • Correll Insurance Group, Inc. — South Carolina
  • Southpoint Insurance Agency Inc — Illinois
  • Harold W. Wells & Son, Inc. — North Carolina
  • The Huttenlocher Group — Michigan
  • Johnston Lewis Associates — Michigan
  • Dewey Insurance Agency, Inc. — Michigan
  • Cate – Russell Insurance, Inc. — Tennessee
  • Wyatt Insurance Services, Inc. — Tennessee
  • Insurance Marketing Group of Wisconsin, Inc (Image) — Wisconsin
  • Diebold Agency Co., Tawas Bay Agency, Inc. — Michigan
  • Cambridge P & C, a Marsh & McLennan Agcy LLC company — Michigan
  • Brown – Hiller – Clark & Associates — Arkansas
  • Johnson Insurance Services, Inc. — Wisconsin
  • Hylant Group — Michigan
  • J. Smith Lanier & Co. – West Point — Georgia
  • Peoples First Insurance South — Carolina
  • Security First Associated Agency, Inc. — Michigan
  • The Craft Agency Inc. — Michigan
  • Towne Insurance Agency, LLC — Virginia
  • Berends Hendricks Stuit Insurance Agency, Inc. — Michigan
  • Great Lakes Agency Services (GLAS) — Michigan
  • Rosenfeld Einstein, A Marsh & McLennan Agency LLC Company — South Carolina
  • Total Insurance Plus, LLC North — Carolina
  • Combined Agents of America LLC — Missouri
  • VAST — Michigan
  • Unland Co. — Illinois
  • Centurion Insurance Agency, Inc. — Michigan
  • Cretcher Heartland, LLC — Kansas
  • C. T. Lowndes & Co. — South Carolina
  • Mid Atlantic Insurance Services, Inc. — Virginia
Don’t Forget to Register for Our Annual Agent Meetings

registration-buttonOur 2015 Annual Agent Meetings are officially underway! We have several more states to visit and would encourage you to register for one of our remaining meetings. We look forward to gathering with you to share our key messages, including how “We Are Different” in the marketplace. We’ll also share regional results and where we’re seeing the most success so you can continue to focus your energy on the markets that will benefit your business.

Click here to register for one of the meetings today! We look forward to seeing you soon.

Real-Time and Download Can Save You Time and Money

April 1 renewals are just around the corner. With Real-Time and Download, Accident Fund can help you save time and money when you write business with us.

Rewards of Real-Time

  • Real-Time provides a link between your system and Accident Fund’s policy system, giving access to our policy information without exiting your agency management system or logging in to our website.
  • The inquiry features provide the ability to view, print and save declaration pages, direct bill information and loss runs.
  • The rating feature connects the information from your customer’s application into our quoting system, which reduces the chance for error.

Download Delivers Up-to-Date Data

  • Download sends policy information, which automatically updates your agency management system.
  • It guarantees your system is up-to-date and improves data integrity.
  • Transactions that produce a paper declaration page will download, including:
    • New business
    • Renewals
    • Final cancellations
    • Endorsements
    • Reinstatements

Click here for more useful information on our automation features.