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Big ā€˜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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Viewpoint: Steady Growth Amid Market Cycles Is Possible

Insurance Journal

Property and casualty insurance has traditionally been a cyclical industry, meaning it goes through phases of firm pricing and tight capacity followed by softer market conditions that tend to favor insurance buyers. The ups and downs of insurance cycles complicate …

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Agency Revolution Welcomes Dan Goodwin as New VP of Enterprise Sales

Agency Revolution

This strategic hire completes Agency Revolution’s leadership team and underscores its commitment to providing top-tier digital marketing solutions for independent insurance agents. Dan brings over 25 years of extensive experience and leadership expertise within the Property and Casualty insurance sector.

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South Florida Insurance Broker Pleads Guilty to Fraud in $133M ACA Enrollment Scheme

Insurance Journal

A south Florida insurance broker is awaiting sentencing after pleading guilty last week to a $134 million scheme that fraudulently enrolled thousands of people in Affordable Care Act health insurance plans. Dafud Iza, 54, of Pembroke Pines, signed a plea …

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Unlocking New Growth for Carriers, MGAs, and InsurTechs with Independent Agency Data

Neilson Marketing Services

The landscape is highly fragmented, with agents spread across regions and varying in size, specialties, and market focus. This precision ensures that carriers and MGAs can concentrate their resources on agents most likely to distribute their products effectively. But connecting with these agencies can be difficult.

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Bankers Insurance Helps American Red Cross with Disaster Recovery and Home Fire Prevention Services

Bankers Insurance

Each year, Westfield’s top independent insurance agents are invited to nominate a local nonprofit in their community to receive a donation. The Westfield Insurance Foundation, an independent private foundation endowed by Westfield, awards the donations to support their top agents’ local communities.