Agency Operations

Here are three stories from independent agents who are taking part in the successful perpetuation of not only their individual businesses, but the independent agency system as a whole.

Your agency is a barn find for a private equity buyer. Consider a staged internal perpetuation to create a legacy and maximize your earnings.

Is there such a thing as too many carrier appointments? Two independent agents debate the issue.

Without a doubt, purchasing or selling an insurance agency triggers additional errors & omissions exposure. What processes can successful agencies employ during a transition in order to help reduce their exposure to E&O claims?

Whether it’s organized as a sole proprietorship, a partnership, an LLC, an S-corp or a C-corp, or it uses multiple structures, understanding your agency’s legal structure could have important implications for the future of your business.

Insurance policies are intimidating. Follow these 11 rules to make sure you interpret them correctly.

Errors & omissions claims happen, and many of the worst ones—those in excess of $1 million—come from the same lines of business and involve similar types of errors.

Twenty-five years ago, Frank Jones and his wife found themselves in bankruptcy trying to support Jones’ younger brother, who was struggling with addiction. The experience drove Jones to found RecoveryReformNOW. “I couldn’t just say, ‘Somebody’s got to do

While the Family and Medical Leave Act provides a baseline for unpaid parental leave for both mothers and fathers, federal law does not yet comprehensively address paid parental leave—leaving individual states and employers to take matters into their own

Here are 10 suggestions for new agents that can help reduce your errors & omissions exposure.