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InsurBanc Expands Into New 15 States

InsurBanc, based in Farmington, Conn., has received approval to expand its operations into 15 additional states, as well as to begin an online agent education program.

The Independent Insurance Agents and Brokers of America, in Alexandria, Va., which sponsors InsurBanc, announced that the savings bank, designed to provide agencies with financing and their clients with banking products, would be allowed to begin full service in three states and offer limited services in 12 others. Added to their existing three full-service venues, this would allow them to do business in 18 states.

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