The Department of the Treasury and the Internal Revenue Service released new guidance that is “designed to expand the use of income annuities in 401(k) plans.”
AUSTIN, Texas, March 26, 2014 /PRNewswire/ -- Today Combined Agents of America, LLC (CAA) announced that CAA is the largest agent for Texas Mutual Insurance Company in 2013. CAA grew its book of business with Texas Mutual from more than $51.4 Million in 2012 to more than $60 Million in 2013. That means a 16.8% increase in written premium. With 52 members based in Texas, Oklahoma and Kansas, CAA is a MGA committed to strengthening the independent insurance agency system through profitable growth and exceptional service for its member agencies.
"This year we plan to continue to meet and grow our commitments with Texas Mutual, as their largest agent. Importantly, CAA is also recognized as one of their most profitable agency partners, meaning we have kept our loss history to well below our counterparts in the industry," says Mike Schneider, president of Cravens Warren Insurance Agency in Houston, Texas, and the CAA Liaison for Texas Mutual. "Our commitment to risk management is paramount in this achievement. We are thrilled to continue to build this beneficial relationship in 2014 with Texas' largest insurer of Workers Compensation."
Mike was on hand to be recognized in early March for this achievement.
"Texas Mutual is proud of the relationship we have with Combined Agents of America," said Ken Lauber, vice president of business development at Texas Mutual. "CAA has been a valued partner of ours for years, and our shared values and commitment to risk management have resulted in significant success for both the agency and Texas Mutual."
Texas Mutual Insurance Company is the state's leading provider of workers' compensation insurance. URL: www.texasmutual.com
About Combined Agents of America, LLCFounded in 1997, Combined Agents of America, LLC (CAA) is based in Austin, Texas, and is comprised of 52 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. In 2012, CAA generated more than $566.7 million in combined property and casualty annual premiums, and currently 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, Bibby Brilling & Associates LLP, 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 LLC, Elliott Insurance Group, Evans-Ewan & Brady Insurance Agency Inc., First Insurance Services, First Texas Insurance Services LLC, Fouts, Davidson, Burks Agency LLC, Fuqua Ruth Typer Insurance, Henry Norris Insurance Agency, Inc., HC&H Insurance Group, Garrett Insurance Agency, Inc., GBS Insurance Agency Inc., Grona Boles Martin & Bloxsom Insurance, Hill County Insurance Agency, HC&H Insurance Group, ICI Insurance, Insurance Net Inc., JHC Insurance Agency Inc., J. S. Edwards & Sherlock Insurance Agency, Keller-Leopold Insurance, Inc., McCorkle Commercial Insurance Agency, Mr. Insurance Agency, Inc., NTX Insurance Group, Inc., Pierson-Fendley Insurance Agency, LLC, Pinnacle Insurance Group Inc., Porter Insurance Agency Inc., Purifoy Insurance Agency, LTD, SBS Insurance, The Shropshire Agency Inc., Siegeler Insurance Agency, Inc., Southern Star Insurance, Walthall-Sachse & Pipes, Inc., The Weatherby-Eisenrich Inc., Wellmann Insurance Agency, Inc., Western Insurance Agency, Whorton Insurance Services, and Wood-Dulohery Insurance, Inc.
Press Contact: Courtney R. Holder Tel: (512) 627-0779 firstname.lastname@example.org
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SOURCE Combined Agents of America, LLC