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Cannabis Legislation Heads to the Senate 

[On February 4, 2022], cannabis-related legislation passed the U.S. House of Representatives as part of the “America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength Act of 2022″ or the “America COMPETES Act of 2022.” The Big “I”-supported cannabis legislation, titled H.R. 1996, the “Secure and Fair Enforcement (SAFE) Banking Act,” was added to the broader legislation as an amendment the night before. 

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Hiring Resources

Looking for new hires has become a major topic of discussion not only in the insurance industry but really everywhere. The service industry is the one we all probably notice the most – going out to dinner has been …. different! When it comes to hiring the right people, it goes without saying that it is much easier, cost-effective, and simply smoother to find and keep good help. What makes the retention of employees easier is making sure you have the right fit for the job.

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The Great Resignation: Turning Exodus into Opportunity

In the last two years, workers across the country have walked away from their jobs at an alarming rate. A record-setting 4 million people in the US quit their jobs in April 2021 as vaccination rates increased and employers called workers back into the office, according to a recent Forbes article. By November 2021, that number had risen to 4.5 million for the month.

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Top 6 Things to do when Buying an Agency

For many agencies, their growth strategy includes an acquisition component, and the current conditions in the insurance marketplace make growth by acquisition strategy very achievable. It is no secret that over half of the current agency owners are approaching retirement age. When you couple that with low-interest rates, the anticipated changes in taxes, and the presence of private equity driving the multiples for agencies up, for many agency owners there may never be a better time to sell their agency.

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