agency owners News

Inside-Outside Game: Is an Internal Offer Really Worth Less Than an External?

Independent agency sale transactions are continuing at a strong pace in 2022. Organic growth rates and profitability are booming, according to Reagan Consulting. Those financial drivers continue to steer agency merger-and-acquisition prices upward. In this environment, some agency principals are …

Allstate Seeks Agents in Washington, Oregon, Idaho, Alaska and Hawaii

Allstate Insurance Co. plans to add several local agency owners in Washington, Oregon, Idaho, Alaska and Hawaii in 2014. Allstate’s plan is to recruit 51 new exclusive agents, 13 financial specialists and the company expects agency owners will be looking …

Farmers Insurance Looks to Add 200-Plus Agency Owners in Texas

Property/casualty multiline insurer, Farmers Insurance, plans to add 244 agency owners throughout Texas in the coming year. Farmers announced it is offering special incentives to military veterans, reservists and bilingual candidates who can tap the state’s increasingly multicultural consumer markets. …

Allstate Accelerates California Recruiting

Allstate Insurance Co. plans to add additional agency owners in California in 2013, expanding its recruiting campaign for the fifth consecutive year. Allstate said it signed 58 new exclusive agents in California last year and in 2011, after adding 44 …