Arkansas firm recommends plan for controlling schools’ increasing insurance rates • Arkansas Advocate

A consulting firm recommended to lawmakers Thursday that Arkansas start its own insurance company to deal with rising property insurance premiums for public schools and institutions of higher education. Meaders, Adams & Lee Insurance Inc. presented by its recommendations For Arkansas Legislative Council executive subcommittee after a months long study Of the issue. Arkansas legislators […]

3 mins read

Compensation Trends Reshaping Client Service Salaries Within Insurance Agencies

Following numerous requests for insurance industry compensation information, our team at Capstone began tracking and analyzing compensation data obtained from our recruiting activities. Our most recent report came out in February 2024 with a seven-year look at compensation trends (2017-2023). Our goal is to highlight trends and provide clarity for insurance agencies as they evaluate […]

3 mins read

The Future of Insurance Agencies

In various countries, it is a traditional proclamation made after the coronation of a new king that simultaneously announces the death of the previous king and asserts continuity by saluting the new king. “The king is dead; long live the king!” This seemingly contradictory phrase may also apply to the independent insurance agency. The demise […]

10 mins read

DFS Superintendent Adrienne A Harris Secures $13.9 Million Settlement with National Union Fire Insurance Company of Pittsburgh

Superintendent of Financial Services Adrienne A. Harris today announced that National Union Fire Insurance Company (NUFIC) of Pittsburgh will pay a $5.6 million penalty and more than $8.3 million in restitution to policyholders pursuant to a consent order entered into with the New York Department of State. Financial Services (DFS). The consent order addresses NUFIC's […]

1 min read

Most insurance agencies grew revenues, production in 2023

Want to continue reading?become an independentPropertyCasualty360 Digital Reader. Digital subscription includes: All PropertiesCasualty360.com news coverage, best practices and in-depth analysis. Educational webcasts, resources from industry leaders, and informative newsletters. Other award-winning websites including BenefitsPro.com and ThinkAdvisor.com. register now Already have an account? Sign in now

1 min read

Nationwide to offer term life insurance through local independent agencies

Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States. Nationwide is rated A+ by Standard & Poor's. An industry leader in fostering customer-centric innovation, Nationwide offers a full range of insurance and financial services products, including auto, business, […]

1 min read

How Insurance Agencies Leverage Technology for Streamlined Services

This post is part of a series sponsored by Dyad. In an era where technology is rapidly changing every aspect of our lives, all industries are adopting digital innovations to improve customer experience. The insurance sector, traditionally known for its paper-heavy processes and lengthy procedures, is no exception. Today, forward-looking insurance agencies are harnessing the […]

3 mins read