A new Big “I” survey finds 87% of consumers say having a dedicated insurance agent is important, while 61% are more likely to choose an agent using AI and other modern technology.
90% Of Agents Cut Business With Carriers Over Submission Friction
Nine in 10 independent agents surveyed said they have reduced business with a carrier because of submission friction, while 79% identified commercial submission automation as a top technology priority.
After Sixty-Plus Years in “the Best Job in the World”, Warren Buffet Becomes Chairman Emeritus
Berkshire Hathaway has named Warren Buffett Chairman Emeritus while keeping him on its board and has elected his son, longtime director Howard G. Buffett, as Chairman of the Board.
Bill Would Make Staged Auto Accident Insurance Fraud a Federal Crime
A bipartisan House bill would create a federal crime for staging or fabricating motor vehicle accidents to submit fraudulent insurance claims, with penalties increasing when schemes cause serious injury or death. The sponsors introduced the legislation Sept. 3.
Plymouth Rock Names Caroline McGarry Territory Sales Manager
Plymouth Rock Assurance has named Caroline McGarry a Territory Sales Manager. McGarry previously served as an Agency Trainer working with independent agency partners across New England.
