Big “I” News

North Carolina Big ‘I’ Agents Elect Purinai Chairman

Members of the Independent Insurance Agents of North Carolina (IIANC) have elected David Purinai, who is president of MSH Insurance in Rocky Mount, N.C., as the association’s new chairman of the board of directors for the 2012-13 term. Purinai was …

Independent Agencies Continue Growing in Number, Revenues: Study

The number of independent insurance agencies has increased, newer agencies are growing and the system as a whole is dynamic, according to the 2012 Agency Universe Study. The study also documents that independent agencies appear to be increasingly using social …

Michigan Agent Rises on National Big “I” Leadership Team

The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) announced that David Allen Walker was installed as the association’s vice chairman at the association’s recent Leadership Conference in Atlanta. Walker is president of Hartland Insurance Agency …

Agents Cite Advance in Fight Against Medical Loss Ratio

A House subcommittee has advanced a bill that would exclude agency commissions from the formula that limits how much health insurers can spend on administrative and other non-medical costs. The U.S. House of Representatives Committee on Energy and Commerce Subcommittee …

Iowa’s Fulwider Honored with Big ‘I’ Woodworth Memorial Award

The Independent Insurance Agents & Brokers (the Big “I”) has awarded an Iowa agency owner, Bob Fulwider, with the Woodworth Memorial Award, the highest honor the association bestows on one of its members The Woodworth Memorial Award, presented at the …

Independent Agency System Marked by Changes and Challenges

Robust merger and acquisition activity, carrier relocations and an aging workforce are influencing independent insurance agencies in ways an agency owner might not have experienced decades ago. But Bob Bramlett, president and CEO of The Bramlett Agency in Ardmore, Okla., …

Independent Agencies Showing Signs of Recovery, Says Big ‘I’ Study

Things are looking better for the nation’s property/casualty independent insurance agencies. Organic growth for these agencies improved somewhat last year and their profitability held constant across most of the six revenue groups studied by the Independent Insurance Agents & Brokers …

President Signs Repeal of Healthcare Law’s 1099 Tax Provision

President Barack Obama has signed a repeal of a 1099 tax reporting mandate for business that passed both the House and Senate with bipartisan support The 1099 reporting mandate was passed last year as part of the Patient Protection and …

Republican Flood Insurance Bill Gets Positive Initial Reception

A Republican draft of legislation to reform the federal flood insurance program would renew the program for five years, phase out most rate subsidies, tie coverage limits to the rate of inflation, vary the deductible by how subsidized the premium …

Big ‘I’ Promotes McPhillips to Senior Lobbyist Role

Jennifer McPhillips has been promoted to senior director of federal government affairs for the Independent Insurance Agents & Brokers of America (the Big “I”) and will serve as one of the association’s Democrat lobbyists on the group’s bipartisan Capitol Hill …