insurance agency
Amity Insurance backs workplace wellness programs
QUINCY, MA – Recent studies indicate that companies implementing wellness programs in an effort to save on health care costs long term also derive additional benefits, according to Amity Insurance Agency, Inc., the region’s leading full service agency.
Insurance Company Rules
A State Farm Insurance Agency, would it be considered a sole propriotorship or a general partnership or what?
If I were to open an insurance agency under State Farm what type of partnership or business would it be considered, ie, sole propriotor, s corporation, general partnership?
depends on how you open it.
sole propriotor if you merely sign a brokers agreement with them as yourself. Then you are merley in your own business as a broker for them
If you went into business with someone else in the office you would be a partnership ( depending on the agreement as to what type), if you incorporated and had that corporation owning the business where you had a broker relationship though that corporation, then you would be a corporation.
State Farm would have all those types as agencies within thier broker agents. What you left out was an employee, if the agency was actually owed by state farm itself you would merely be an employee
