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Big ā€˜Iā€™ 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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Arthur J. Gallagher & Co. Acquires Illinoisā€™ Afina Insurance

Insurance Journal

announced the acquisition of Oakbrook Terrace, Illinois-based Afina Insurance Advisors Inc. Afina Insurance). Afina Insurance is a property/casualty insurance broker serving clients in greater Chicago. Gallagher & Co. Terms of the transaction were not disclosed. George Van Denend …

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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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E&S Leaders Embrace the Risky Future

Insurance Journal

The property/casualty insurance industry and excess and surplus lines brokers in particular are at the world’s beck and call to help navigate what is an increasingly risky environment. The industry continues to respond as social, environmental, technological, political, legal, scientific …

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Navigating the Turbulent Waters of Casualty Insurance: Insights from Industry Experts

Zywave

The casualty insurance market is currently experiencing unprecedented volatility, with significant pricing fluctuations and escalating loss costs becoming the norm. While it’s critical insurance carriers, brokers, and policyholders understand the market, its just as important they know what to do about it.

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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

August 19, 2024 ā€“ Agency Revolution , the leading marketing and communication enablement and website provider for independent insurance agencies, is thrilled to announce the appointment of Dan Goodwin as the new Vice President of Enterprise Sales. ” Dan resides in Johnston, Iowa with his wife and six children.