Big “I” News

Number of Independent Agencies Dips a Bit: Future One Study

Despite continued robust agency mergers and acquisitions activity, the number of independent insurance agencies has remained stable at 36,000, a number slightly below the last tally of 36,500 in 2018. That’s according to the 2020 Agency Universe Study from Future …

Insurers, Agents Propose Pandemic Business Relief Plan; Plaintiffs Offer BIG Compromise

Key segments of the property/casualty insurance industry, which is facing mounting claims for business interruption losses from the pandemic, have thrown their lobbying weight behind a proposed federal program to replace revenues lost by businesses shut down during pandemics like …

As Agents’ Needs Change and Startups Emerge, Big ‘I’ Looks to Remain Relevant

Spencer Houldin is chairman of the nation’s largest and oldest agents’ association, the Independent Insurance Agents and Brokers of America (Big “I”). He is also co-president of the family-run Ericson Insurance Advisors, an 80-year old agency serving the greater New …

Big ‘I’ Virtual University’s Boggs Gets Award for Reinsurance Research

Big “I” Virtual University Director Christopher “Chris” J. Boggs has received a prestigious award in London for a paper he and a group of industry professionals authored about the disconnect between information sought by reinsurers and information they commonly receive …

Americans Put Too Much Faith in Homeowners Insurance

Too few Americans take steps to prepare for disasters and too many assume their home insurance policies will bail them out if one strikes. As disaster season peaks, a new national consumer survey commissioned by Trusted Choice and the Independent …

California’s Armitage Given Big “I” Highest Honor

The Independent Insurance Agents & Brokers has given Jim Armitage the Woodworth Memorial Award, the highest honor IIABA bestows on one of its members, during the annual Big “I” legislative conference. Armitage is vice president of Arroyo Insurance in Arcadia, …

Independent Insurance Agents Defying Doomsayers

According to analysts, technologists, aggregators and others, the independent agency system is in trouble. Somebody forget to tell independent agents. Or more to the point, the doomsayers perhaps didn’t notice that independent agencies have been adapting and getting more into …

North Carolina Big ‘I’ Names Georgia’s Knight As CEO

The Independent Insurance Agents of North Carolina (IIANC) has named Aubie W. Knight as its new chief executive officer. Knight, currently CEO of a neighboring Big “I” association, the Independent Insurance Agents of Georgia (IIAG), will join the IIANC staff …

Big ‘I’ Honors Horton Group Senior VP Wojcik with Sidney O. Smith Award

The Big “I” executive committee presented Mike Wojcik, senior vice president of The Horton Group and chairman of the Big “I” Healthcare Task Force, with the Sidney O. Smith Award, the Independent Insurance Agents & Brokers of America’s (IIABA’s) highest …

North Carolina’s Anders Wins Top Big ‘I’ Service Award

The Independent Insurance Agents & Brokers (IIABA or the Big “I”) recently awarded agent Cloyce Anders of North Carolina with the Woodworth Memorial Award, the highest honor the association bestows on one of its members, during the annual Big “I” …