The U.S. District Court in Nevada has ruled in favor of a risk-retention group in its fight against that state’s attempt to bar its operations despite federal preemption under the Liability Risk Retention Act (LRRA).
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.
In 1997, Jon Pappas was working for an independent agency in Washington, D.C., when he was contacted by the Strategic Independent Agents Alliance with an opportunity to bring its network … Read →
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.