In the spirit of the season, here's my interpretation of a heartwarming holiday classic. Potter Insurance Co. was rich, that's true, but it was also the best-loved financial institution in Bedford Falls.
o Art Seifert, president of Dallas-based U.S. Risk Underwriters, added that sellers can expect higher multiples for "bolt-on" businesses, ranging from six- to eight-times EBITDA--because the buyer is
Although the red-hot agency acquisitions market has slowed because of shriveling capital and a dwindling pool of candidates, smart buyers and sellers can still work a profitable deal if it's a
A non-compete is so essential to the transaction that it falls under the category of "Deal 101," said William Kronenberg, chairman of Professional Underwriters Corp. in Exton, Pa., during a panel
Although the red-hot agency acquisitions market has slowed because of shriveling capital and a dwindling pool of candidates, smart buyers and sellers can still work a profitable deal if it's a
The ballots have been counted, they've cleaned up Grant Park, and the 2008 presidential election is finally history -- literally.Whether you're ecstatic or disgruntled about ...
It's an issue that can strike fear into the heart of any agent: If a DOI auditor came around to check your books right now, would your premium trust fund account (PTFA) be out of trust? If you're a typical independent agency in Illinois,
The global economy may be going to "hell in handbasket" (what a great old-lady phrase, as my teenage daughter would say), but for us ordinary ...
Although the National Assn. of Registered Agents and Brokers (NARAB II) bill passed the House this year, it still faces a possible challenge in the Senate, which means agents and brokers who conduct business in multiple states still have to comply