Allstate to Acquire National General in $4 Billion Deal
When the transaction closes in early 2021, Allstate will become the fifth largest independent agency carrier.
News
Nationwide Completes Transition to Fully Independent Agency Model
On July 1, Nationwide made history by completing its transition to operate as a fully independent agency carrier.
Big ’I’ Partners Help Communities in Need
As the nation experiences the ongoing effects of the COVID-19 crisis, Big “I” carriers, such as Liberty Mutual and Westfield, are helping their communities.
More Carriers Respond to Support Clients and Communities Hit by Crisis
More carriers and Big “I” partners responded to support their policyholders and communities.
Big ‘I’ President & CEO Praises Insurance Carriers’ Coronavirus Response
In response to the coronavirus pandemic and the challenges presented to insureds, Travelers, Liberty Mutual and Progressive have announced measures designed to help those hit hardest by economic uncertainty.
Big ‘I’ President & CEO Salutes Travelers’ Financial Assistance Program
In response to the coronavirus pandemic, Travelers announced that it will accelerate commission payments to eligible agents and brokers.
Personal Lines Rates End 2019 with Increase
Fourth-quarter 2019 results are in and personal insurance buyers were assessed an average of 3.5% more in 2019 compared to 2018.
Third-Party Property Damage: ACV or Replacement Cost?
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
J.D. Power: Carriers Come Up Short for Independent Agents
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.
As Hurricane Florence Stalled, Uninsured Losses Surged
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.
