WinStar Insurance Group Included In the Big “I” and Reagan Consulting 2022 BEST Practices Study9/16/2022   In August 2022 WinStar Insurance Group was selected as a Best Practices Agency.
Our team qualified for this status by ranking among the top performers in the annual Best Practices Study conducted by the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) and Reagan Consulting. The purpose of the Best Practices Study is to compile the operating statistics of the country’s leading agents and brokers. To achieve this objective, the agencies included in the annual Study must first be nominated for participation by an insurance carrier or an IIABA state affiliated association. The agency must then submit detailed financial and operational information which is analyzed, scored, and ranked objectively for inclusion in the study, based on operational excellence, including growth, profitability, productivity and financial stability. Over 2,600 agencies from around the country were nominated in six revenue categories ranging from “Under $1.25 million” in annual revenue to “Over $25 million” in annual revenues. Only 282 agencies scored high enough to qualify for inclusion. To retain our Best Practices Agency status, we must submit our year-end results for review each year. Every third year, when new agency nominations are accepted, we must re-qualify as one of the top performers in our revenue category. (IF APPLICABLE: We are pleased to have retained our Best Practices Agency status since YYYY.) Participation in the Best Practices Study has become a prestigious recognition of the superior accomplishments of the top insurance agencies in each of the six revenue size categories studied. Our inclusion with these 282 outstanding agents and brokers clearly recognizes us as an industry leader. The 2022 Best Practices Study sponsors include: Amerisure, Applied, Central Insurance, EMC Insurance, First Insurance Funding, Foremost, A Farmers Insurance Company, The Hanover Insurance Group, The Hartford, Imperial PFS, InsurBanc, Liberty Mutual/Safeco Insurance, National General, an Allstate Company, Nationwide, Progressive, Sun Life, Travelers, Vertafore, Westfield, and Westfield Bank. Founded in 1896, the Independent Insurance Agents & Brokers of America (the Big “I”) is the nation’s oldest and largest national association of independent insurance agents and brokers, representing more than 25,000 agency locations united under the Trusted Choice brand. Trusted Choice independent agents offer consumers all types of insurance—property, casualty, life, health, employee benefit plans and retirement products—from a variety of insurance companies. Reagan Consulting is a financial and management consulting firm specializing in services to the insurance distribution system. Clients include the leading brokers, agents and bank-insurance programs in the United States. They provide thought leadership to the banking and insurance industries through perennial research, seminars, and other industry forums.
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  WinStar Insurance Group received an Honorable Mention on Insurance Journal's Top 100 Independent Agencies list for 2022. While we didn't make the cut this year, it is still an honor to be mentioned and considered a contender for future top 100 lists. Proud of our agency and grateful for an amazing staff to make this all possible!  Don’t forget to create your online workers’ comp account! This way you can directly access your policy, make workers’ compensation payments online, and have access to other account benefits from your provider. Also note that if you have "in-network" coverage, you can go to your workers' comp provider's website to find an in-network provider.
  In order to improve our customer service and company work flow, we are upgrading our agency management system. We are very excited about this transition and the new enhanced benefits it will provide!
Because of this, there will be a delay in our service through Friday, April 1st. We appreciate your understanding and apologize for any inconvenience this may cause. Should you need immediate assistance during this time, please e-mails Stephanie at sdew@winstarins.com or call 512-628-5186. We are excited for this next step as a company, and will release more information about the upgrade very soon.  Workers' Compensation Carriers are experiencing challenges with checks being sent via USPS either not arriving on time or not at all resulting in customer accounts being cancelled for non-payment. If possible, please consider paying your workers’ comp policy premium online. You can make your payment without creating an account online, and there is no additional fee to pay online! You will need:
 You can also create an account with Texas Mutual. They have a robust website that allows you to report claims, view the status of a claim, obtain loss control information and more.   We highly recommend that your insurance premium payments be made by ACH or credit card rather than mailing us your check. With delays in the mail service and thefts of mailboxes, your check may take weeks to reach us if it reaches us at all.
Since the Postal Service implemented new service standards on October 1, 2021, we are experiencing more and longer mail delays than ever. Mail is now taking several days if not weeks to be delivered.  Texas employers that do not provide workers’ compensation coverage must file DWC Form-005, Employer Notice of No Coverage or Termination of Coverage.
This form:
Find the form and information on how to file on the TDI website. Email below for more information.  The safety and well-being of our community and clients are our top priority. Texas is forecasted to experience freezing temperatures for prolonged periods throughout the remainder of the week. This weather includes the potential for snow, sleet, and freezing rain that can create hazardous conditions. During extremely cold weather, staying warm and safe can be a challenge. Learn how to prepare for winter storms, prevent cold temperature-related health problems, and protect yourself during all stages of a winter storm by reviewing the CDC winter weather preparedness guidelines by following the link below:  Other items for your consideration.
Here are some tips to help prevent water damage from frozen pipes.
 We highly recommend that your insurance premium payments be made by ACH or credit card rather than mailing us your check. With delays in the mail service and thefts of mailboxes, your check may take weeks to reach us if it reaches us at all. Since the Postal Service implemented new service standards on October 1, 2021, we are experiencing more and longer mail delays than ever. Mail is now taking several days if not weeks to be delivered.  In addition, thieves are now stealing entire mailboxes including one recently near our office. This concerns us as checks could be in those mailboxes.  This is a new world we live in and we need to adapt to these ongoing challenges. For your safety, we recommend that you make ACH payments to us. There is no cost to you for these ACH payments as we will pick up the $3 per transaction cost. Your payments can be made securely here:  As always, we appreciate your business and are here to help if and when you need us.
We celebrated Five Years today since we took over the reigns of Regnier & Associates and started anew as WinStar Insurance Group. It was fun to look back at all of the change and growth we achieved, and look forward to more success in the future! Cheers to Five Years! 🎉
Establish clear workplace policies - Develop an employee handbook and distribute it! Sample employee handbooks and HR forms libraries are easily accessible and most law-firms or insurers will happily provide content. For your protection, be sure your handbook includes an employment-at-will statement and an equal employment opportunity statement. Create written workplace policies on employment practices; post them and include in employee handbooks. Establish a policy for employees to report concerns and for management to respond. Educate management and employees about ethical and workplace practices. You may wish to include diversity and sensitivity training as part of this education program.
Hire carefully—Screen employees thoroughly, avoiding any discriminatory practices.
Provide job descriptions - Create a detailed job description for each role. Each job description should clearly define the required skills and performance expectations.
Institute a zero-tolerance policy – This should be established for substance abuse, harassment and any form of discrimination. Additionally, have an "open door" policy in which employees can report infractions without fear of retribution. It is advisable to have a couple of people that issues can be reported to instead of just one.
Keep thorough records - Document all employee complaints or investigations, as well as what your company did to resolve those issues.
Perform regular employee reviews—Review employee performance and keep a written record of reviews. |
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13625 Ronald W. Reagan Blvd. Building 3, Suite 100 Cedar Park, TX 78613 |
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Licensed & doing business in the following states only: Texas, New Mexico, & Oklahoma
Licensed & doing business in the following states only: Texas, New Mexico, & Oklahoma