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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 …

Agents 189
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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 …

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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 …

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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 …

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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 …

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How to pick an insurance agent: 6 questions to ask.

Frankenmuth Insurance

Your relationship with your insurance agent is an important one. Wondering how to choose an insurance agent? Are you a direct/captive agent or an independent agent? Agents who represent only one insurance company are called direct or captive agents. What are your credentials?

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UNDERSTANDING PROPERTY CASUALTY INSURANCE IN NJ

Boyle Agency Insurance

What Is Property Casualty Insurance? Property Casualty Insurance is insurance that combines protection for property owned by you, such as a house, or personal possessions, and liability insurance for if you ever cause an accident that injures another person or damages another person’s property.