He noted that, "Lower payrolls and receipts are resulting in lower premiums and severe pressure on expense rates. Insurers and brokers are faced with diminished premium bases before they even
A reader, R. L. Taylor of Renewable Energy Systems, Broomfield, Colo., wrote to ask about any cases relating to insurance for property leased out for hunting purposes--Taylor and his employer lease out
The traditional growth model for "serious" property-casualty agencies and brokerages typically has centered on commercial lines business. Agencies that sold personal lines coverage did so more as an accommodation for the CEOs of their top
With several years of erratic weather behind us--and predictions of more to come--flood is an increasingly real threat to many U.S. homeowners and businesses. WSI Corp, a Massachusetts-based provider of weather-driven solutions, predicts 13
Don Scott Insurance has been named the Trusted Choice Agency of the Month by Trusted Choice, the branding program of the Independent Insurance Agents & Brokers of America, Inc. (the Big "I"). The Don Scott Insurance agency, headquartered
The former captive administrator for the captive insurance domicile of Hawaii, Craig M. Watanabe, has joined personal and commercial lines insurer DTRIC as the company's chief financial officer,
Left to right: Lisa Parry-Becker, vice president; Blake Parry, CPCU, CIC, president; and Ryan Parry, treasurer. As independent agency owners, we offer our
News lately has been grim--layoffs, manufacturing plant closures, and bankruptcies--and the duration of the economic slowdown is uncertain. For producers, the economic situation points to reduced premiums, particularly for policies rated on
Back in the 1950s, my first real job was working after school and on weekends in the neighborhood five-and-dime store. I already had been distributing the store's sales flyers for a couple of years, but now I
As we enter 2009, we believe that many independent agencies are at a crossroads. Do they sell? Do they buy? Or do they execute organic growth strategies? To put these tough times into perspective, we