Big “I” News

Project CAP Selects Phoenix Agency for Agency 2020 Program

Hester, Heitel & Associates, an independent insurance agency in Phoenix, has been chosen as the spotlight agency to represent Project CAP’s Agency 2020 program. Agency 2020 was designed to provide independent agencies with resources to help them implement a long-term …

Big ‘I’ Honors Illinois Agent for Work on Crop Insurance

An Illinois agent has received an award from the Independent Insurance Agents and Brokers of America (IIABA or Big ‘I’) for his work on behalf of crop insurance agents. Brian McSherry of Illinois is the 2012 recipient of the Sidney …

W.R. Berkley Corp. Divests, Connecticut Bank Acquires InsurBanc

InsurBanc — a federal savings bank founded by the Independent Insurance Agents & Brokers of America and W.R. Berkley Corp. a dozen years ago — has joined Connecticut Community Bank N.A., based in Westport, Conn., effective April 1. Under the …

Insurance Agents and the 2012 Election: Interview with Big I CEO Rusbuldt

When it comes to the 2012 presidential election, insurance agents have, as industry insiders like to say, “skin in the game.” In addition to being concerned with how the overall economy will perform under either a re-elected President Barack Obama …

North Carolina Big ‘I’ Agents Elect Purinai Chairman

Members of the Independent Insurance Agents of North Carolina (IIANC) have elected David Purinai, who is president of MSH Insurance in Rocky Mount, N.C., as the association’s new chairman of the board of directors for the 2012-13 term. Purinai was …

Independent Agencies Continue Growing in Number, Revenues: Study

The number of independent insurance agencies has increased, newer agencies are growing and the system as a whole is dynamic, according to the 2012 Agency Universe Study. The study also documents that independent agencies appear to be increasingly using social …

Michigan Agent Rises on National Big “I” Leadership Team

The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) announced that David Allen Walker was installed as the association’s vice chairman at the association’s recent Leadership Conference in Atlanta. Walker is president of Hartland Insurance Agency …

Agents Cite Advance in Fight Against Medical Loss Ratio

A House subcommittee has advanced a bill that would exclude agency commissions from the formula that limits how much health insurers can spend on administrative and other non-medical costs. The U.S. House of Representatives Committee on Energy and Commerce Subcommittee …

Iowa’s Fulwider Honored with Big ‘I’ Woodworth Memorial Award

The Independent Insurance Agents & Brokers (the Big “I”) has awarded an Iowa agency owner, Bob Fulwider, with the Woodworth Memorial Award, the highest honor the association bestows on one of its members The Woodworth Memorial Award, presented at the …

Independent Agency System Marked by Changes and Challenges

Robust merger and acquisition activity, carrier relocations and an aging workforce are influencing independent insurance agencies in ways an agency owner might not have experienced decades ago. But Bob Bramlett, president and CEO of The Bramlett Agency in Ardmore, Okla., …