2025 Is Set to Be a Year of Shopping and Switching
While sky-high premiums prompted half of U.S. auto insurance customers to shop for a new plan last year, few alternatives meant most stayed put. That’s all about to change.
While sky-high premiums prompted half of U.S. auto insurance customers to shop for a new plan last year, few alternatives meant most stayed put. That’s all about to change.
As the year unfolds, companies can expect some changes, including new employment regulations they have to navigate. Here are some predictions.
The agency mergers & acquisitions scene ended 2024 with a big splash, as Gallagher broke records with its $13.45 billion acquisition of AssuredPartners.
The Big “I” and the Independent Insurance Agents of Arkansas have a strong relationship with Rep. Hill (R-Arkansas).
Independent Agent provided coverage on several key regulatory issues that impacted agencies and their clients—most notably, the FTC noncompete agreement ban saga.
As of press time, Congress has yet to pass government funding legislation to keep the federal government open beyond Friday, Dec. 20. The National Flood Insurance Program (NFIP) is currently scheduled to expire on the same date.
Agencies can elevate their online presence with real-time analytics, actionable insights and a user-friendly interface.
The transaction, the largest sale ever of a U.S. insurance broker to a strategic acquirer, will strengthen Gallagher’s U.S. middle-market property & casualty and employee benefits focus.
Charles Symington, Big “I” president & CEO, was named among the top trade association lobbyists in the nation’s capital this year.
The $100,000 donation will further the fund’s mission to support industry personnel impacted by catastrophes. Liberty Mutual, Safeco and State Auto have also pledged to donate annually to the fund.