The model proposes a broad range of new obligations for insurance agents and includes a handful of provisions that are particularly concerning. Big “I” members and state associations are urged to monitor any developments closely and weigh in as necessary.
Fourth-quarter 2019 results are in and personal insurance buyers were assessed an average of 3.5% more in 2019 compared to 2018.
Encova Mutual Insurance Group—the new brand of Motorists and BrickStreet—launched last month. IA talked with Encova CEO Dave Kaufman to learn more about what the carrier’s expanded product lines mean for agents and customers.
A driver crashes his vehicle into an insured’s home. The driver’s auto insurer informs the homeowner and their agent that they will pay the claim for the damage to the home on an actual cash value basis, then advises the homeowner to submit the claim to t
The College Agency Management Competition featured eight teams of insurance and risk management studies students from eight U.S. colleges and universities.
Reflecting little change from the fourth quarter of 2018, first-quarter 2019 composite rates for commercial and personal lines were both up +2% compared to first-quarter 2018, according to the latest quarterly MarketScout pricing survey.
The more satisfied independent agents are with a carrier, the more business they will write with that carrier. But according to the J.D. Power 2019 U.S. Independent Insurance Agent Satisfaction Study℠, carriers are leaving a lot of money on the table.
Reflecting little change from the third quarter of 2018, fourth-quarter composite rates for commercial and personal lines were up +2% and +2.25%, respectively, according to the latest quarterly MarketScout pricing survey.
As a result of the record storm surge, flooding extended well beyond FEMA’s designated Special Flood Hazard Areas into territories where purchasing flood insurance is not mandatory.
Reflecting little change from the second quarter of 2018, third-quarter composite rates for commercial and personal lines were up +2.5% and +2%, respectively.