Latest Independent Agencies Headlines
All the headlines from our Independent Agencies Topic Page, ordered by recency.
TDECU Insurance Acquires 2 More Texas Independent Agencies
Feb 3 2012 // TDECU Insurance Agency LLC announced it has acquired two independent insurance agencies: Assurance Insurance Agency Inc. (Assurance) based in Bellville, Texas, and Burridge Insurance Agency Inc. (Burridge) based in...
Find Out Who’s Worth What in the Independent Agency System
Jan 27 2012 // Time is running out to find out who’s worth what in the independent agency system! Insurance Journal is once again polling insurance agents and brokers nationwide in its annual Agency Salary Survey. Survey results...
Who’s Worth What in the Independent Agency System? Find Out … Join IJ’s Survey
Jan 18 2012 // Insurance Journal is polling insurance agents and brokers nationwide in its annual search to find out who’s worth what in the independent agency system. Don’t miss out on your chance to participate. The 2012...
Allstate Revises Agent Compensation Plan
Jan 9 2012 // Allstate’s captive agents have been spared part of a planned cut in their commissions as the insurer has revised its compensation strategy. The Illinois-based insurer confirmed that it would cut its base commission...
Insurance Industry Charitable Foundation Harnesses New Technology to Reach Independent Agents
Jan 4 2012 // Walnut Creek, CA, 12/08/11 – The Insurance Industry Charitable Foundation (IICF) will make use of the new technologies available through the Virtual Insurance Marketplace to bring the organization’s...
How One Independent Agent Tried to Off the GEICO Gecko
Dec 29 2011 // Editor’s Note: This article is from Insurance Journal’s annual Satire Issue, originally published on Aug. 15, 2011. The article is fictional and is meant to be humorous. Enjoy! Obsession is more than some...
Allstate Revises Agent Compensation Plan
Dec 27 2011 // Allstate’s captive agents have been spared part of a planned cut in their commissions as the insurer has revised its compensation strategy. The Illinois-based insurer confirmed that it would cut its base commission...
All in the Family
Dec 16 2011 // Young Agents Survey Reveals Strong Family Ties Bryan Hanes grew up in the family business listening to stories about life in a small town. He heard his grandfather and then father sharing cheerful conversations with local...
Online Portal Aims to Connect Independent Agents with Consumers
Dec 11 2011 // Beginning early next year, independent insurance agents will be able to tap into an online resource designed to connect them with the more than 65 percent of market share in personal lines they are currently missing. The...
Minnesota Workers’ Comp Insurer Joins Big ‘I’ Trusted Choice Program
Dec 6 2011 // The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) announced that Minnesota-based workers’ compensation insurer, SFM, is the newest member of the Trusted Choice consumer...
Texas Regulator Abstains from MLR Vote; Says State Requested Waiver
Nov 29 2011 // The National Association of Insurance Commissioners (NAIC) has adopted a resolution urging Congress to amend the Medical Loss Ratio (MLR) provisions of the Patient Protection and Affordable Care Act (PPACA) to ensure...
How to Compete for Personal Lines with the Direct Writers
Nov 28 2011 // Let’s face facts. It’s unlikely that any individual independent agency will ever “beat” the direct writers. They have massive marketing budgets, a strong online presence, great name recognition, and...
Nationwide, Harleysville CEOs Say Merger All About Growth
Nov 21 2011 // The merger of insurer Nationwide Mutual with regional carrier Harleysville Mutual is all about growth, not only for the companies but also for their independent agents, according to the CEOs of the two...
How to Compete for Personal Lines with the Direct Writers
Nov 21 2011 // Let’s face facts. It’s unlikely that any individual independent agency will ever “beat” the direct writers. They have massive marketing budgets, a strong online presence, great name recognition, and...
Beyond Wall Street
Nov 21 2011 // We’re in the news business and this isn’t exactly news. It’s more like another confirmation of something we have all known for a long time. Here is the not-so-new news flash: Small business owners trust...
Caliper’s Greenberg Receives Big ‘I’s’ Chairman’s Award
Nov 17 2011 // The Independent Insurance Agents and Brokers of America (Big “I”) recently presented Caliper Corp.’s founder and CEO Herb Greenberg with the association’s chairman’s award. Greenberg was...
Willis UK Broker Networks Add Nine New Members
Nov 15 2011 // Willis Group Holdings announced that nine new members have joined Willis Networks, its alliance with local, independent insurance brokers in the UK. Willis Networks is made up of the Willis Commercial Network (WCN), which...
Small Business Owners Report High Trust in Agents, Survey Reports
Nov 14 2011 // Small business owners trust their independent insurance agents and commercial insurance carriers more than other financial services businesses, a new study reports. The study, commissioned by The Hanover Insurance Group...
Independent Agencies Showing Signs of Recovery, Better Profitability, Study Reveals
Nov 7 2011 // Things are looking better for the nation’s property/casualty independent insurance agencies. Organic growth for these agencies improved somewhat last year and their profitability held constant across most of the six...
People
Nov 7 2011 // Jim Donelon has been re-elected commissioner at the Louisiana Department of Insurance. Donelon, a Republican from Metairie, on Oct. 22 defeated Democrat Donald Hodge. Donelon has been insurance commissioner since...
