Attorney involvement in auto insurance claims is on the rise and varies significantly by state, according to an insurance industry study. The percentage of auto injury claimants represented by attorneys jumped to 36 percent of personal injury protection (PIP) claimants …
The high-value homeowners and luxury condo markets have become competitive arenas to play in, with several new programs and companies in the past few years. But experts say agents and brokers shouldn’t be deterred by the added competition because this …
This year marks the 10th annual publication of Insurance Journal‘s Top 100 Independent P/C Agencies report. In our effort to identify the nation’s leading privately-held independent property/casualty insurance agencies a few things have changed, while others have remained the same. …
About This Report: Welcome to the 10th annual Insurance Journal Top 100 Independent Property/Casualty Agencies report. The Top 100 list is ranked by total property/casualty agency revenue for 2013 and comprises only those agencies that are privately-owned firms whose business …
Small commercial lines is suddenly the Cinderella of the insurance industry. The previously unwanted stepchild turned beauty queen is being courted, pursued, and being offered dowries for marriage. Dowries and marriage are the correct metaphors because companies are clearly willing …
State Farm, the largest private auto insurer in the U.S., reported $33.6 billion in direct premiums written for private passenger auto in 2013, representing 18.5 percent of the market share. —The National Association of Insurance Commissioners State Farm was followed …
Multiple System Gaps “What this investigation uncovered were multiple gaps in multiple systems.” —Chris Hart, acting chairman of the National Transportation Safety Board, said a report showed a distracted pilot driver and an inadequate permitting process by the state of …
My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com Need a Market? Find it. FAST. Firearm Distributors Market Detail: Firearms Insurance Agent (ASI) represents multiple insurance carriers in the firearms and ammunition industry. Available limits: Minimum …
Aon, National Flood Services Aon Affinity, the consumer, association and program business of Aon Risk Solutions, has completed its acquisition of StoneRiver National Flood Services Inc. and related entities from StoneRiver Group, L.P. National Flood Services offers policy administration, claims …
Effective Non-Piracy Agreements Protect Your Business Owning an insurance agency does not equate to “owning” the customers it services. If the agents who have the relationships with those customers leave, the business will be at risk. It is the difference …
