The 106-year-old Independent Insurance Agents of America Inc. has changed its name, in an effort, the association said, to more accurately reflect its membership makeup.
The new name-the Independent Insurance Agents & Brokers of America-was officially ratified last month during a midyear membership meeting, the Alexandria, Va.-based group said.
IIABA President Thomas B. Ahart said in a statement that the change is a positive step for all independent agents and brokers. ``It conveys the reality and broad charge of today's national association,'' Mr. Ahart said.
Robert A. Rusbuldt, the IIABA's chief executive officer, added in the statement that ``we …

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