Insurance Advocate
Posts by Insurance Advocate:
Independent Agents’ Market Share Highlights: 2022 United States P&C Marketplace
Members and partners of the Independent Insurance Agents & Brokers of America (The Big “I”) receive the annual Market Share Report free as a member or partner benefit. Information contained in this report is based on data through 2021.
This report graphically and numerically presents the United States property and casualty (P&C) insurance industry data from the independent agent’s perspective. We present key insights and charts from the report.
Hagerty to Acquire Broad Arrow Group
Hagerty (HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, has announced that it has entered into a definitive agreement to acquire all outstanding shares of Broad Arrow Group, which specializes in the transactional segments of the collector car market. Earlier this year, Hagerty acquired approximately […]
Risk Strategies Acquires Dickstein Associates Agency
Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Dickstein Associates Agency, a full-service retail insurance agency. Terms of the deal were not announced. Located in Tinton Falls, New Jersey and founded in 1965, Dickstein Associates provides comprehensive risk management solutions, including property and casualty insurance coverages […]
IABA Announces Recipients Of Lifetime Achievement Awards
The International Association of Black Actuaries (IABA) have selected Roosevelt Mosley Jr., FCAS, MAAA, CSPA and John Robinson, FSA, MAAA, FCA as their 2022 Lifetime Achievement Award Winners. As the International Association of Black Actuaries (IABA) ushers in its 30th year, it remains committed to increasing the number of successful Black Actuaries through strong leadership […]
55% of Organizations Have Cyber Coverage
A new report has hit the cyber cover situation head on revealing that: just 55% of organizations currently have cyber insurance, and of those, most policies have limits far lower than the cost of the average attack.
Imua Now Offering Members All Access To Remote Education
Inland Marine Underwriters Association (IMUA) announced that the association is elevating its professional development commitment to members and will provide “all access” to remote education events at no additional cost. In making the announcement, Kevin O’Brien, IMUA President & CEO, said, “As announced at our recent 91st Annual Meeting in Savannah, the IMUA Board of Directors […]
Hagerty Acquires Broad Arrow Group
Hagerty (HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, has announced that it has entered into a definitive agreement to acquire all outstanding shares of Broad Arrow Group, which specializes in the transactional segments of the collector car market. Earlier this year, Hagerty acquired approximately […]
Paid Family Leave Gaining Traction in New York and Beyond
State-mandated Paid Family Leave (PFL) took effect in New York in 2018, providing eligible employees with job-protected, partially paid time off to bond with a new child, care for a seriously ill family member, or attend to family matters due to a military exigency. The program gradually phased in over a four-year period, starting with […]