Recently, American Family Insurance Group and The Main Street America Group announced they are pursuing a merger. IA talked with Tom Van Berkel, Main Street America’s chairman, president & CEO, about the merger and what it means for independent agents.
Reflecting no change from the last quarter of 2017, composite rates for commercial and personal lines were up +2% and +3%, respectively, in the first quarter of 2018.
Independent agents represent a “significant growth engine” for insurers that understand how to build strong relationships with their distribution force, according to a new J.D. Power study. But there is room for improvement in the agent-carrier relationsh
In catastrophe-exposed areas, some homes are experiencing rate increases as high as +15% heading into the New Year.
As victims of Hurricanes Harvey and Irma begin to pick up the pieces, independent agents in Florida and Texas are stepping up to the challenge to be there for their clients.
Property-casualty insurance pricing closed out 2015 with a soft market: Average commercial rates declined to -4% in December from -3% in November and the personal lines composite held steady at -1%, according to the latest MarketScout pricing survey.
