Filed Under:Agent Broker, E&S/Specialty Business

Former Agents, Brokers Find Rewarding New Careers, Purpose After Retirement

Members of the baby boomer generation are entering retirement—in record numbers—and this trend is readily apparent in the ranks of independent insurance agents and brokers.

Many veteran producers are selling their businesses and moving off to a well-deserved time of leisure. But for some, retirement does not mean the stereotypical vision of fishing on a lake on a sunny day.

Passion for Helping Agents Leads to Second Career

After spending a long career as an insurance producer, the last thing one might expect an agent to do would be to look out for other agents’ interests.

A Veteran Giving Back

Daniel T. Haley retired in 2007 after selling his eponymous agency in Portland, Maine to United Insurance—a deal forming the second largest agency in the state. What he was most proud of in that transaction was that everyone kept their job.

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20 of the wealthiest places in America

If you want to build your roster of high-net-worth clients, these are the cities you should be targeting.

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What grade does your state get for its insurance regulations?

Eight states received an “A” grade, and one state received an “F.” Insurance is regulated almost entirely by the state level, and here's a report card on how the states are doing.

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