October 2011
By: Volume 108, No. 10
By: Volume 108, No. 10
Buying out your parents in your family-run agency? Check. Making relationships with siblings and in-laws work to run a business? Check. Trying to grow a small town, Main Street agency in a difficult economy? Check. New Big “I” Chairman Mike Donohoe has be
As I prepare for my year leading IIABA as chairman, I have been spending a lot of time reflecting on why my volunteer work has become such a significant part of my life. I can’t tell you how many times I’ve been asked, “So why do you do this stuff?” or “W
As the legislative year winds down, the cyclical world of politics dictates that the election season will soon escalate into full-swing.
Rental Cars and Unauthorized Drivers; BAP Coverage for Employees’ Property; Employee Theft of Customers’ Property
A presentation in late 2010 by Robert Hartwig, president of the Insurance Information Institute, included a passage indicating the historic percentage of the personal lines market written through the independent agency system. The graph is rather dismal,
Ace uncovers the insurance gaps that result from adding personally-owned autos to a BAP.
By: Volume 108, No. 9
Denise Johnson spent years building a book of business at her father’s agency. Then her dad decided to retire and her younger brother Scott joined the firm—and promptly was named president. Any other adult child of an agency owner might have been resentfu
Last September, President Barack Obama signed a one-year extension of the National Flood Insurance Program (NFIP) into law. That year-long extension is set to expire at the end of this month—Sept. 30, 2011—unless Congress acts on a long-term reform bill o