Favorable weather conditions, low road congestion, expansive public transportation systems, and high employment rates were all cited as contributing factors to why the following 10 cities had the lowest average annual premiums for auto insurance.
Firming insurance market rates helped BB&T insurance services improve its results over the prior quarter and the same period last year, the Winston-Salem, N.C. based bank says.
Two bank-owned insurance brokers reported mixed first quarter results, with BB&T increasing revenues by 35 percent and Wells Fargo experiencing an 11 percent decline.
The acquisition of wholesale-broker Crump and the firming insurance market lifted fourth-quarter income for BB&T Insurance Services by 43 percent, the Winston-Salem, N.C.-bank BB&T says.
Two of the three insurance-brokerage firms reporting second quarter financial results this week showed increases in revenues and organic growth as the economy improves and insurers push for premium increases.
A LONG-SIMMERING dispute among Ryan Specialty, CRC Insurance Services and Crump Group over the poaching of employees has come to end with a settlement.
A long-simmering dispute between Ryan Specialty, CRC Insurance Services and Crump Group over the poaching of employees has come to end with a settlement.
A long-simmering dispute between Ryan Specialty, CRC Insurance Services and Crump Group over the poaching of employees has come to end with a settlement.