Articles by Allen Laman

LexisNexis: Auto Insurance Shopping Slows but Still Remains Elevated

For the first time in more than a year, overall U.S. auto insurance shopping growth registered as ‘cool’ on the LexisNexis Risk Solutions Insurance Demand Meter in the third quarter of 2023, continuing a downshifting trend that began in June. …

Best Agency to Work For – South Central Bronze Winner: Higginbotham

Rusty Reid joined Higginbotham as the independent insurance agency’s twelfth employee in 1986. Today, about 2,800 of the company’s employees serve thousands of customers at more than 100 offices across 16 states. Those same employees recently propelled the Fort Worth-based …

Best Agency to Work For – East Bronze Winner: Deland, Gibson Insurance Associates

Long-Term Thinking Builds Winning Culture When Chip and Ted Gibson got the keys to Deland, Gibson Insurance Associates in 2020, the brothers took over what Chip described as “a great shop.” Three generations of their family members had guided the …

Best Agency to Work For – East Silver Winner: Levitt-Fuirst

‘Good People Doing the Right Thing’ One employee said they felt heard by leadership. Another praised their knowledgeable coworkers for treating them with respect. A third, a longtime insurance industry veteran, said the positive work experience they’ve had at Levitt-Fuirst …

Nationwide: Gap Between Agents, Commercial Clients View of Severe Weather

A Nationwide study has found that independent insurance agents believe many of their commercial clients don’t have adequate coverage to protect their businesses from severe weather. While 82% of surveyed property stakeholders reported working with an agent to ensure appropriate …

Best Agency to Work For – East Gold Winner: National Church Group Agency

Caring for Employees and Clients Alike The National Church Group Insurance Agency’s mission is to protect its clients’ missions. For nearly four decades, the Leesburg, Virginia-based organization has secured commercial property and casualty insurance for churches, nonprofits, camps and schools. …

S&P: Struggles in Personal Auto Insurance to Subside More Slowly Than Expected

S&P Global Market Intelligence projects that personal auto results will improve from 2022’s worst-in-decades combined ratio of 112.2%, though not as rapidly as the organization’s experts previously expected. Continued pressure on claim severity across coverages has prolonged post-pandemic recovery for …

Artificial Intelligence Not Main Cause of Recent Insurance Layoffs: AM Best

AM Best does not believe artificial intelligence is the main cause of recent insurance industry layoffs. In commentary released today, the credit rating agency wrote that “it is too soon to cite AI as the leading cause of the job …

Travelers Webinar Focuses on Connecting Gen Z, Independent Agents

Members of Generation Z who have worked with insurance agents believe they are knowledgeable and help them make better choices. Nevertheless, Gen Z is under-tapped in the independent agent channel and over-indexes on direct writers. During a recent Travelers Institute …

Long-Term Thinking Builds Winning Culture at Deland, Gibson

When Chip and Ted Gibson got the keys to Deland, Gibson Insurance Associates in 2020, the brothers took over what Chip described as “a great shop.” Three generations of their family members had guided the independent agency since its doors …