A Northumberland, Pa.-based company with more than 230 independent insurance agency franchise partners in seven states, intends to add partners in Georgia in the second quarter.
Atlantic/Smith, Cropper & Deeley, an independent insurance agency in Willards, Md., retained its status as part of an elite group of independent insurance agencies around the United States participating in the Independent Insurance Agents & Brokers of America “Best Practices” Study Group.
SIAA Inc., the largest alliance of independent property-casualty insurance agencies in the country, announced that its Master Agency partner Potomac Insurance Network (PIN), based in Baltimore, Md., signed its 100th member agency. PIN now has a total of 3,767 signed members.
One of the nation’s largest independent broker-dealer networks, National Planning Holdings, set a record with the number of financial professionals with which it was affiliated in the second quarter.
A 25-year claims representative who retired in 1978 and died last year left half of his estate to his former employer, State Auto, headquartered in Columbus, Ohio.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.