J.R. Prewitt Archives - The Prewitt Group

September 7, 2022 by Lauren Sullivan

Auburn University’s Harbert College of Business has recently chosen The Prewitt Group, a Birmingham, Alabama-based risk management firm, as one of its “Top Tiger” honorees for entrepreneurial spirit and exceptional growth. The Prewitt Group is honored to be among the 54 businesses and companies selected to receive this prestigious award in the Medium Companies category, which comprises companies with revenues of over $5M to $30M.

“Top Tigers” represents one of Auburn University’s important recognition events that showcases its successful alumni entrepreneurs. Honorees are selected annually based on their total sales levels and adherence to the Auburn Creed in running their businesses. We are excited to recognize 54 Top Tigers this year, who operate businesses across diverse industries and are alumni from several different Colleges and Schools across campus, ” said Franz Lohrke, Lowder Endowed Chair in Entrepreneurship and Professor of Entrepreneurship at Auburn University.

The Harbert College of Business and Warren Averett CPAs and Advisors co-sponsored this program and selected the winners based on compounded annual growth rates over the last three years. They also ranked The Prewitt Group based on revenue growth and the commitment to operate the company consistently by the Auburn Creed.

“We are thrilled to be honored and included by Auburn University and the Harbert College of Business,” said Johnny Prewitt, president of The Prewitt Group. “Auburn’s Creed is something that is instilled in every graduate, and we strive to live by it every day, in both our business and personal lives. We indeed are honored to be chosen as a ‘Top Tiger’.”

John Prewitt, Jr. (Jack) founded The Prewitt Group, formerly J.R. Prewitt and Associates, in 1974, and over the past 48 years, the agency has grown to become one of the most trusted local and national names in risk management. The Prewitt Group’s legacy has proven to be one that offers exceptional service through partnerships with a network of top-rated insurance carriers that are aligned with our mission, vision and values.

The firm is now led by Jack’s two sons: Johnny Prewitt (President) and Andy Prewitt (Vice President). This is the eighth year the College of Business has recognized businesses that have been founded, owned or led by Auburn graduates.

August 28, 2018 by The Prewitt Group

Whether it’s a car accident involving expensive medical bills, an incident on your property, or a slander claim, the damage expenses you’re responsible for can add up quickly and exceed the limits of your auto or homeowner’s insurance policies. Plus, unexpected events like these could easily result in a costly lawsuit.

August 27, 2018August 14, 2018 by The Prewitt Group

Because it covers the most common lawsuits that arise from everyday business activities, General Liability Insurance is often the go-to coverage for small business owners. But, is it enough to really protect your business?

A Commercial General Liability (CGL) policy covers three primary components: premises liability, products liability and completed operations.

August 27, 2018July 31, 2018 by The Prewitt Group

By: David Murdock, J.R. Prewitt & Associates Life, Health and Group Benefits Consultant

Increasing healthcare costs impact both employees and employers. In fact, according to The New York Times, high-priced insurance plans are causing middle-class consumers to drop coverage altogether.

As mentioned in my previous blog, medical trends are the cause of these increasing costs. Medical trends are determined by health insurance companies monitoring the costs of visiting a physician, having lab work done and receiving other routine outpatient treatments. Price inflation, increased usage of medical care and services, leveraging effect of fixed deductibles and copays, cost shifting from the uninsured to private payers, government-mandated benefits, and technological advancements also influence medical trends.

August 27, 2018July 17, 2018 by The Prewitt Group

As J.R. Prewitt & Associates’ Manager of Commercial Lines, Marketing & Personal Lines, Linda Tilley provides leadership and problem-solving services for each department in the agency. After 27 years at J.R. Prewitt, Linda’s favorite place to be in Birmingham remains the office on Highland Avenue. She strives to always be there for her fellow employees when they need guidance. To learn more about Linda, check out this Q&A:

August 27, 2018July 3, 2018 by The Prewitt Group

In case you haven’t heard, President Donald Trump recently imposed tariffs on U.S. imports of steel and aluminum. The 25 percent tariff on steel and 10 percent tariff on aluminum went into effect on June 1, 2018. Trump’s goal with these tariffs is to level the playing field for American manufacturers. While these tariffs will ultimately benefit the American steel and aluminum industries, they may also impact other industries. USA Today highlights a few winners and losers of Trump’s tariffs here.

August 27, 2018June 19, 2018 by The Prewitt Group

In case you haven’t heard, Alabama’s new data breach notification law went into effect on June 1^st. In short, the law requires a business entity that “acquires or uses sensitive personally identifiable information (Sensitive PII)” to have certain security measures in place and predetermined notification measures to alert impacted individuals of the breach within a reasonable amount of time.

August 27, 2018June 5, 2018 by The Prewitt Group

The Alabama Region at Auto-Owners Insurance recently recognized J.R. Prewitt & Associates as a 2017 Top Agent. J.R. Prewitt’s Vice President, Andy Prewitt, received the reward on behalf of the agency at the Auto-Owners’ celebratory luncheon where he and other recipients were presented with a plaque commemorating the accomplishment.

August 27, 2018May 22, 2018 by The Prewitt Group

Data breaches are on the rise and a concern for businesses of all industries. For instance, since January 2017, at least 14 retailers have been hacked and likely had information stolen from them. The healthcare industry has also been a target for cyber-criminals, along with the City of Atlanta and many more.

August 27, 2018May 8, 2018 by The Prewitt Group

While it’s essential to know what your insurance policy covers, it is just as important to understand what your policy does NOT cover. In commercial insurance terms, an “endorsement” refers to a document attached to an insurance contract that adds, removes or alters the scope of coverage under the policy. To avoid confusion following an incident, it is smart to be aware of any new or existing endorsements that impact your commercial insurance policy.

Auburn University Names The Prewitt Group a “Top Tiger”