CAA Ranks as a Top 20 Property & Casualty Lines Leader
(VerticalNews.com) -- Combined Agents of America, LLC (CAA) placed 18th in the Insurance Journal's Top 100 Property and Casualty Agencies in 2009. Despite the economy's soft market and the 17 newcomers included in this 2009 ranking, CAA held its own as one of the top 20 agencies in the nation for the second year running. With recent expansion into Oklahoma and Kansas, Texas-based CAA is a managing general agency (MGA) committed to further expansion across the country to strengthen the independent insurance agency system through profitable growth and exceptional service for its member agencies."CAA continues to succeed amidst this tough economy because we're not afraid to conservatively grow as a managing agency, and as independent agency owners," said Don C. Jones, CIC, CAA president and president of Crockett Insurance Service Inc. (Crockett, TX). "Last year we experienced rapid growth by welcoming in four new members to CAA, and so far in 2009 we've surpassed that growth while expanding into two new states. Many of our members continue to grow by hiring producers, cutting expenses and earning more business, despite deep cuts in their current customers' pay rolls. Some of our member agencies grew upward 20 percent in 2008."
The Insurance Journal annually ranks privately-held property and casualty agencies according to their total property and casualty premium written in the previous year. The publication's 2009 ranking uses agencies' 2008 numbers.
"I'm shocked my agency has done so well despite the economy. 2008 was one of Bosworth & Associates best years ever," said Michael Bosworth, CIC, AAI, president of Bosworth & Associates and CAA member. "One reason for our success is our proactive attitude. We know there are people and companies financially suffering out there, and we see it as a great opportunity to go in and help someone."
In 2008, CAA nationally ranked 8th as a personal lines leader out of the "Top 100" independent agencies by Insurance Journal. Additionally, CAA ranked 3rd behind other independent network or cluster groups included in this ranking of personal line leaders.
About Combined Agents of America, LLC
Founded in 1997 Combined Agents of America, LLC (CAA) is based in Austin, Texas, and comprised of 41 independent insurance agencies located throughout Texas, Oklahoma and Kansas. By funneling the agencies' combined premiums, CAA brings larger volume commitments to insurance companies, while empowering its members to realize greater benefits from insurance companies, vendor discounts and other incentives.
CAA works with 18 of the largest insurance companies in the nation. All CAA member agencies remain independent and are recognized by insurance companies as a key component to their future growth and goal commitments. Additional information is available at www.combinedagents.com.
CAA member agencies include: Aars & Nelson Insurance Agency, Barnard Insurance Agency, Bartlett, Baggett & Shands, Benchmark Insurance Group, Benton-Luttrell-Brown Company, Bigham-Kliewer-Chapman-Watts Insurance Agency, BRIA Insurance & Risk Consultants, Bridges Group Inc., Bosworth & Associates, Bryan Insurance Agency Ltd., Brownrigg Insurance Agency Inc., Cravens-Warren & Co., Crockett Insurance Service, Duncan-Fraser & Bridges Insurance Agency Inc., Ed Berrong Insurance Agency, Ed Weeren Insurance Agency Inc., EFGI Insurance & Bonds LCC, Evans-Ewan & Brady Insurance Agency Inc., First Insurance Services, Henry Norris Insurance Agency, Inc., Garrett Insurance Agency, Inc., GBS Insurance Agency Inc., Grona Boles and Martin Insurance Agency Inc., Insurance Associates of Texas, Insurance Net Inc., JHC Insurance Agency Inc., J. S. Edwards & Sherlock Insurance Agency, McCorkle Commercial Insurance Agency, Mims & Smith, Mr. Insurance Agency, Inc., Pierson-Fendley Insurance, Pinnacle Insurance Group Inc., Porter Insurance Agency Inc., Purifoy & Company, The Shropshire Agency Inc., Siegeler Insurance Agency, Inc., Walthall-Sachse & Pipes, Inc., The Weatherby-Eisenrich Inc., Wellmann Insurance Agency, Inc., Western Insurance Agency, and Whorton Insurance Services.
Keywords: Combined Agents of America, Llc, Finance, Financial, Insurance, Investing, Investment.
This article was prepared by VerticalNews editors from staff and other reports. Copyright 2009, VerticalNews.com.
