independent insurance agency News

Smart Choice Agency Network Tops 5,000 Members

The Smart Choice Agents Program, which provides independent insurance agencies with access to personal and commercial lines markets in 41 states, said it has added nearly 400 new agency partners already this year, bringing the total number of agencies in …

Vermont’s Independent Agents Have Over $120M Annual Impact on State Economy

The results from a study commissioned by the Vermont Insurance Agents Association (VIAA) show that Vermont’s economy is positively impacted by the state’s independent insurance agencies. “These phenomenal survey results show the significant economic contributions that Vermont’s independent agents make …

Q2 Revenue Growth Strong for Mid-Size, Large Privately-Held Agencies: Survey

Median organic revenue growth reached 6.9 percent in the 2013 second quarter for mid-size and large privately held insurance agencies and brokerage firms, according to a survey by Reagan Consulting, a management consulting firm for the independent insurance distribution system. …

Leavitt Group to Buy United Valley; a Collective 150 Agencies in West

United Valley Insurance Services and Leavitt Group Enterprises have agreed to a merger, giving the two firms a collective 150 insurance agencies and counting under one owner. The deal was announced late Friday. Under the agreement, signed on June 26, …

PIA: Agencies See Significant Underwriting Changes in Homeowners Market

The Professional Insurance Agents’ (PIA) recent survey of more than 400 independent agencies showed significant market changes in the Northeast — with the homeowners insurance and commercial property market appearing to be most affected by the shift. More than 400 …

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 …

Ohio-based Zito Insurance Agency Partners with Keystone Insurers Group

Zito Insurance Agency, based in Mentor, Ohio, is partnering with insurance broker Keystone Insurers Group. Zito Insurance Agency was founded in 1963 by Eugene Zito and is an independent insurance agency offering an array of products and services. The agency …

Keystone Insurers Group Adds 2 Georgia-Based Agencies

Keystone Insurers Group announced the addition of two independent agencies in Georgia to its franchise business for a total of 10 in the state. The new franchise partners are Jowers-Sklar Insurance and The Harbin Agency.Jowers-Sklar Insurance is a full-service independent …

Mass. Independent Agents Have Over $1B Impact on State Economy: Report

Five years ago, Massachusetts introduced its “managed competition” program — and since then, there has been an influx of direct writing and direct response companies coming into Massachusetts and competing with independent insurance agencies. But despite the challenge, independent insurance …

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 …