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 […]
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 […]
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.
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 […]
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 […]
Brilliant National Services, Inc. (“Brilliant”) appealed a summary judgment rendered in favor of the defendant, Lexington Insurance Company (“Lexington”), which dismissed all of Brilliant’s claims against Lexington with prejudice and declared that Lexington has no duty to defend or indemnify Coastal Chemical Company, LLC (“CCC, LLC”). In Brilliant National Services, Inc. v. The Travelers Indemnity Company […]
Zurich American Insurance Company (“Zurich American”) and American Zurich Insurance Company (“Zurich”) sued Defendants Certain Underwriters at Lloyd’s, London Subscribing to Policy Number B12630308616 (“Lloyd’s”) and Arch Insurance Company (“Arch”) over an insurance coverage dispute arising from a personal injury lawsuit. Zurich moved for summary judgment against Lloyd’s seeking a declaration that the anti-subrogation rule […]
Air travel is a solid economic indicator, as global passenger volume ticks back up to 91% of pre-pandemic levels and labor shortages have caused a record number of flight cancellations, those sky-high satisfaction scores have once again fallen down to Earth. According to the J.D. Power 2022 North America Airport Satisfaction Study, overall satisfaction is […]
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.
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