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The IIABA has spent more than $1 million in 2010 in lobbying efforts on federal crop insurance, insurance licensing reform, and other insurance issues. [2]The IIABA supported the National Association of Registered Agents and Brokers Reform Act of 2013 (H.R. 1155; 113th Congress), a bill which would reduce the regulatory costs of complying with multiple states' requirements for insurance ...
Independent agents own and control their accounts, policy records, and renewals. If an independent agent’s contract with a particular insurance company terminates, the agent retains the rights to active accounts and may place them with another insurer. Competition exists between exclusive agents and independent agents.
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
An independent insurance agent could lighten the load for people who don’t want to do the legwork of collecting quotes and information from different companies. Bankrate’s insurance experts ...
The Leavitt Group was founded in 1952 when Dixie Leavitt opened an insurance agency in the town of Cedar City, Utah. [1] [3] [4]By 2010s it was among the largest retail property and casualty insurance brokerage firms in the United States.
Rank #10 in the Business Insurance 2013 Best Places to Work in Insurance [10] April 2011 Rough Notes Marketing Agency of the Month [3] Higginbotham was one of 35 independent brokers featured on the 2014 inaugural list of Elite Agencies published by Insurance Business America [6] 2014 Best Agency to Work For – South Central by Insurance ...
Insurance Services of America is an independent insurance brokerage specializing in insurance services, international health insurance, and short-term medical insurance for US citizens. In addition to working directly with clients, the brokerage is a managing general agent (MGA) with over 4,000 licensed insurance agents and agencies throughout ...
It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents. [3] [4] [citation needed] Travelers is incorporated in Minnesota, with headquarters in New York City, and its largest office in Hartford, Connecticut. [2]