The Independent Insurance Agents of Texas elected Gaylon Brown, TexCap Insurance, to serve as chairman for 2021-2022 during the business meeting of InsurCon, IIAT’s annual convention held this year in Round Rock, June 23-25. Brown is CEO and managing partner of TexCap...
“It’s nice to see someone when I’m talking,” said Robert Nitsche, the Nitsche Group, as he performed his final duties as 2020-21 chairman of the Independent Insurance Agents. Nitsche made the surprise announcements of the 2021 annual award recipients and formally...
With $639.5 million more in surplus lines premium reported for the first half of 2021 compared with the first half of 2020, the Texas surplus lines market grew by 16.23 percent, a stronger growth than the 13.41 percent last year, surpassing midyear growth numbers for...
The composite rate for commercial insurance in the second quarter of 2021 increased 5.9 percent compared to 7.0 percent in the first quarter, according to MarketScout’s recently released Market Barometer. There were adjustments in commercial lines rates as measured by...
A strong building code is critical to reducing the damage and destruction caused by hurricanes each year. On the first day of the Atlantic hurricane season, the Insurance Institute for Business and Home Safety released the 2021 edition of Rating the States, its...
On July 1, the American Property Casualty Insurance Association issued a statement in an attempt to refute what Washington Insurance Commissioner Mike Kreidler told consumers in defense of his ban on the use of credit scores in rate making. Association VP for...
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