October 10
Big ‘I’ and Reagan Consulting Release 2022 Best Practices Study Results
Record growth in agency ranks….As the independent agency channel moves past the coronavirus pandemic and into uncertain economic headwinds, Best Practices agencies achieved record highs in organic growth and profitability, according to the 2022 Best Practices Study by the Big “I” and Reagan Consulting. The Best Practices update is the first one in its three-year […]
Big “I” President Rusbuldt to be Succeeded by Symington
The Independent Insurance Agents & Brokers of America (the Big “I”) announced that Bob Rusbuldt, Big “I” president & CEO, will retire next year. Rusbuldt informed the association’s national Board of Directors of his decision at a meeting in Niagara Falls, NY. The longest tenured Big “I” top executive will remain in his current position […]
John F. Finston Appointed Executive Deputy Superintendent of the Insurance Division at the NYS Dept of Financial Services
John F. Finston has been appointed Executive Deputy Superintendent at the New York State Department of Financial Services (DFS). The announcement was made by Adrienne A. Harris, Superintendent of DFS. John’s first day in this role was October 3, 2022. Mr Finston is currently Senior Counsel in McDermott Will Emery’s Insurance Transactions and Regulations Practice Group representing US and international clients […]
Back Yard Fire Safety
As the days shorten, and the temperature drops, backyard campfires are a popular way to extend alfresco entertaining. Sales of portable fire pits and disposable campfires increased significantly during the Covid pandemic. In December 2020, Solo Stoves reported a year over year increase in sales of 30% (www.fastcompany.com). While backyard fire pits can be a […]
New Alliance Unites Insurance Agencies Across the Southeast
ATM, LLC, announces Fortified, a collaboration of independent insurance agencies, coming January 2023. The move unites 54 independent agencies throughout the Southeast US, including the states of Alabama, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee. Earlier this month, Fortified named Joe Craven chief executive officer of the alliance. Craven has a long tenure in […]
PIANY installs 2022-23 officers and elects directors
υThe Professional Insurance Agents of New York State Inc., elected its officers and board of directors during its annual business meeting in Albany, N.Y. The PIANY officers installed were: David L. Sidle, CIC, CPIA of David L. Sidle Agency Inc. in Montour Falls, N.Y., will serve as president; Gary Slavin, CLTC, CIC, LUTCF, of Mass Mutual in […]
New York’s John Costello elected to Chairmanship of BIG “I” for 2022-23
The Independent Insurance Agents & Brokers of America (the Big “I”) installed New York’s John Costello, vice president and construction practice member at USI Insurance Services in Rochester, as 2022-23 Big “I” chairman at the recent Big “I” Fall Leadership Conference in Niagara Falls, New York.
Report: Is the Insurance Talent Gap Real?
If you’re keeping tabs on the insurance industry then you’ve likely seen, heard, or read about the “insurance talent gap.” Insurance is dealing with a rapidly aging and retiring workforce, while simultaneously being unable to lure the next generation of talent. Is this real? An industry that’s been around for thousands of years and recently […]
Insurer Proactive Against Fraud
CIGNA Obtains $14,371,384.95 Judgment Against Fraudulent Health Care Provider Since police, prosecutors and state insurance fraud investigators are seldom willing to arrest or prosecute insurance fraud perpetrators it is necessary for insurers to be proactive and sue those who attempt or succeed in defrauding insurers. In Connecticut General Life Insurance Company and CIGNA Health And […]