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The association was founded in 1896 as the National Association of Local Fire Insurance Agents. In 1913, the organization changed its name to the National Association of Insurance Agents when it expanded to include property-casualty business and coverages. The name was changed again in 1975 to the Independent Insurance Agents of America.
Independent agents own and control their accounts, policy records, and renewals. If an independent agent’s contract with a particular insurance company terminates, the agent retains the rights to active accounts and may place them with another insurer. Competition exists between exclusive agents and independent agents. Exclusive agents, who ...
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
One of the best benefits of working with an independent insurance agent is having them shop for insurance quotes for you. With access to multiple companies, the agent can check rates and coverage ...
Unlike insurance agents who service one or more insurance companies, brokers represent clients, helping them find the best insurance policies to meet their unique needs. While using a broker can ...
Office of Deputy Secretary of Education (ODSE) Institute of Education Sciences (IES) Office of the Under Secretary (OUS) Federally-aided corporations. United States Department of Energy. United States Department of Health and Human Services. United States Department of Homeland Security.
Administrative law of the United States. In the United States government, independent agencies are agencies that exist outside the federal executive departments (those headed by a Cabinet secretary) and the Executive Office of the President. [1] : 6 In a narrower sense, the term refers only to those independent agencies that, while considered ...
U.S. Securities and Exchange Commission. United States African Development Foundation. United States Agency for International Development. United States Environmental Protection Agency. United States Mission to the UN Agencies in Rome. United States Trade and Development Agency. United States World War I Centennial Commission. Categories ...
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