insurance policy ownership News

8 Considerations for Buyers and Sellers of Insurance Agencies

Insurance agency acquisitions and deal values are near an all-time high and all expectations are that deal flow in 2019 will match or exceed last year’s numbers. And while reported numbers tend to skew towards larger agency transactions, there are …

The Fight for Policy Ownership

There are times when what agents don’t know can hurt them. And this is one of them. I refer to the all-too-often overlooked, and recently targeted, ownership of policy “expirations” — policy, policyholder and account information. At the crux of …

Maryland Automobile Insurance Fund Withdraws Proposal to Gain Policy Rights

The Maryland Automobile Insurance Fund (MAIF) — the auto insurance market of last resort in Maryland — last week withdrew its proposal to gain “sole and exclusive property” rights to all MAIF policies. MAIF first announced the proposal two months …