Best Practices agencies continue to deliver excellent profitability above pre-pandemic historical averages, even as organic growth slowed due to a softening property & casualty market.
Workers compensation is regulated at the state level, and even occasional or incidental work across state lines can result in coverage gaps if policies are not properly structured.
Workers aged 60 and older represent the fastest-growing segment of the labor force, and their increasing presence continues to impact the workers compensation market.
While stable, the workers compensation market is facing underlying pricing pressures that are set to adversely impact the market nationwide.
Contingent compensation can be significant but unpredictable, particularly amidst the hard market and frequent catastrophes.
Pay transparency is the practice of openly sharing compensation and benefits information with candidates in the hiring process. State and local ordinances can impact the requirements for your agency.
For independent insurance agencies, this could be an innovative, family-focused benefit to offer employees or to strengthen relationships with commercial and personal lines customers.
Best Practices agencies continue excellent organic growth and profitability, according to the 2025 Best Practices Study by the Big “I” and Reagan Consulting.
Agencies can reduce friction with their carrier partners to make claims and compensation more transparent, accurate and user-friendly.
Dedicating time to address HR and operational challenges during these quieter months of summer can have a significant impact for the rest of the year.
