National Section

My New Markets

My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com Need a Market? Find it. FAST. Rental Propery Market Detail: US Assure‘s rental dwelling product is available for well-maintained one to four family unit dwellings, including their …

Declarations

Treatment Options “I don’t think in Colorado we spend nearly enough on treatment.”  —Sen. Michael Merrifield, D-Colorado Springs, applauded additions, such as treatment instead of jail, to a felony DUI bill to make a fourth DUI a felony punishable by …

Incoming President Ware Talks About Canadian Expansion & Why AAMGA Is More Than MGAs

The American Association of Managing General Agents (AAMGA) expanded its membership again in 2015 with the addition of eight new organizations, all based in Canada. The Canadian organizations sought to become part of the AAMGA in an effort to access …

P/C Insurers Post Underwriting Profit, Record Surplus for 2014

The U.S. property/casualty insurance industry posted its second consecutive year of profitable underwriting results in 2014, according to A.M. Best. Surplus for this sector increased by $21.9 billion and reached another record level at year-end 2014. The Best’s Special Report, …

Declarations

Fatality Numbers “PennDOT continuously strives to drive down crash and fatality numbers, and we ultimately want to reach zero deaths on our roads.” —Pennsylvania Department of Transportation (PennDOT) Secretary Leslie S. Richards on the state’s effort to lower traffic deaths. …

How Analytics Technology Can Speed Integration Post-M&A

The record number of merger and acquisition (M&A) transactions involving insurance brokers and agents throughout the United States in the past year underscores the imperative for these firms to accelerate growth and compete more effectively. But for brokers and agencies …

What Agents Think About Google Compare

The independent agency system is no stranger to competition. But one new competitor in the marketplace has some agents and industry experts on watch. Google Compare – which stepped into the insurance ring in March – is nothing more than …

It’s a Buyers’ Market

Insurance buyers can expect to face friendly market conditions on most lines of insurance for the remainder of 2015 thanks to reduced catastrophe losses and a high supply of capital. But evolving threats from a range of risks — cyber …

Independent Agents Identify Business Opportunities for Carriers

Most independent insurance agents are impressed by the carriers they place business with – but most also are interested in adding new company partners. This is one of the preliminary findings of a recent national survey of independent agents conducted …

The Risk of Data Breach in Agencies Today

Data breaches pose a serious threat to agents even though incidents involving large companies such as Target and Sony produce all the headlines. All agencies are vulnerable to breaches, no matter what their size, location or specialties. Yet there are …

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