Independent agents have been losing ground in the battle for personal lines market share to captive agents and direct writers, but the Independent Insurance Agents & Brokers of America will soon unleash a technology portal it feels will make producers competitive again.
Allied World Assurance Co. Holdings CEO Scott Carmilani says the company is off to a strong start for 2013 despite first-quarter net income dropping 27 percent.
Insurers are facing revolutionary changes in the regulatory environment--changes that are causing some U.S. insurers to reevaluate business strategies and structure, says KPMG.
Insurers are facing revolutionary changes in the regulatory environment--changes that are causing some U.S. insurers to reevaluate business strategies and structure, says KPMG.
Everest Re reports first-quarter net income was up 26 percent on the strength of no catastrophe losses and improved pricing during the first quarter of this year.
Two bank-owned insurance brokers reported mixed first quarter results, with BB&T increasing revenues by 35 percent and Wells Fargo experiencing an 11 percent decline.
The chairman of the Independent Insurance Agents & Brokers of America says the association has not abandoned the fight to protect independent agents role under federal healthcare reform.