Acrisure completes $2.9 billion management-led buyout
GRAND RAPIDS, Mich. – Acrisure, LLC, a leading national insurance brokerage, and its financial sponsor, private equity firm Genstar Capital, announced in late November they ... Read more
Property & Casualty
PIA calls for repeal of Federal Insurance Office
WASHINGTON – The National Association of Professional Insurance Agents (PIA) recently announced it is calling for the repeal of the Federal Insurance Office (FIO). The ... Read more
‘Best Practices’ independent agencies in Big ‘I’ study see 7% average organic growth
ALEXANDRIA, Va. – The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) has released its 2016 Best Practices Study (BPS) benchmarking ... Read more
Peek at industry’s future revealed at crowded InsureTech Connect event
Not a suit in sight. Jeans and sport coats were common; ties were non-existent. Yes, you could tell by the dress code that this was ... Read more
Millennials: Most likely to rent; least likely to have Renters Insurance
AUSTIN, TEXAS — A new survey released May 19 by insuranceQuotes confirms Millennials are most likely to rent homes, but very few are covered by ... Read more
Indy P&C agencies ramping up tech budgets
PLEASANTON, Calif. —The future of independent property and casualty insurance agencies looks bright, according to a recent survey of agency principals and producers conducted by ... Read more
Strangest pet insurance claims of the year vying for 2016 ‘Hambone’ award
BREA, Calif. – After reviewing nearly 1.5 million pet insurance claims received over the past year, Nationwide has nominated 11 worthy candidates for the 2016 ... Read more
P&C agent-broker organic growth slows to 4%, lowest rate since 2011
Agent-broker organic revenue growth fell to 4.0% for the second quarter of 2016, down sharply from 5.9% for the second quarter of 2015, as measured ... Read more
California still dominates in total premiums collected as U.S. sees 8% overall increase
Total U.S. insurance premiums collected increased by 8.0% over the past year to $2.1 trillion, according to the recently released second volume of the Insurance ... Read more
Kevelighan taking reins at I.I.I. Aug. 8 as Dr. Bob Hartwig departs for academia
After many years, a leadership change is upon us at the Insurance Information Institute (I.I.I.), as Dr. Robert Hartwig, an economist and president of the ... Read more
