article thumbnail

Viewpoint: How Will the California FAIR Plan Fare, and What’s Next for Independent Agents?

Insurance Journal

If there is a single bright spot to be found in the aftermath of the costliest wildfire in California’s history, it is that both the property/casualty insurance industry and the independent agents who serve as its personal point of contact …

article thumbnail

Big I: Independent Agencies’ Market Share Shows Small Decline

Insurance Journal

of all property/casualty insurance written in the U.S. in 2024, a slight decline from 2023 where independent agents placed 62.2% of property/casualty lines nationwide. The independent agency channel placed 61.5% That’s according to the 2025 Market Share Report published by …

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Hidden Cost of Bad P&C Insurance Data — And Why You Can’t Build a Reliable Dataset In-House

Neilson Marketing Services

About Neilson Marketing Services Neilson Marketing Services, located in Laguna Hills, California, is a leading niche marketing and data intelligence agency serving the property and casualty insurance industry.

article thumbnail

Big ‘I’ Report: Independent Agency Channel Placed 62% of Premiums in 2023

Insurance Journal

By Chad Hemenway Independent agents placed more than 62% of all property/casualty insurance written in the U.S., according to the Independent Insurance Agents & Brokers of America (the Big “I”). The association’s 2024 Market Share Report said independent agents have …

article thumbnail

Navigating the Fee Maze

Insurance Journal

Todayis insurance regulatory landscape can be a tricky one, particularly when it comes to charging fees. For property/casualty insurance brokers and agents, understanding permissible fee structures is crucial to maintaining compliance and avoiding penalties. With state laws varying widely and …

article thumbnail

How to Outperform: Don’t Outsource Underwriting to MGAs

Insurance Journal

Executives of two property/casualty insurance organizations—Kinsale Insurance and the U.S. P/C operations of Arch Capital—shared their recipes for success with an analyst who crowned their companies as performance leaders during a recent industry webinar. The short takes: We don’t outsource …

article thumbnail

Viewpoint: How Will the California FAIR Plan Fare?

Insurance Journal

What’s Next for Independent Agents? If there is a single bright spot to be found in the aftermath of the costliest wildfire in California’s history, it is that both the property/casualty insurance industry and the independent agents who serve as …