IA Magazine

Cannabis Operators Struggle as Regulations Shift on a State-by-State Basis

Challenges persist for the cannabis industry primarily due to the regulatory landscape, an increase in product recalls, increasing premium rates and an industry consolidation.

Posted: Apr 20, 2025

Hurricane Coverage From Vortex Insurance Fills Gaps After Hurricanes Helene and Milton

The supplemental parametric hurricane policy defines the coverage area using either a single 20-mile radius circle or a dual-circle setup with 20-mile and 40-mile radii around the insured address.

Posted: Apr 20, 2025

3 Approaches to Protect Against New Risks in Agriculture

While traditional insurance policies still provide crucial coverage, many farmers face increasing exclusions, limitations and challenges in securing the coverage they need.

Posted: Apr 20, 2025

3 Approaches to Protect Against New Risks in Agriculture

While traditional insurance policies still provide crucial coverage, many farmers face increasing exclusions, limitations and challenges in securing the coverage they need.

Posted: Apr 20, 2025

What Falls Under the Multi-Unit and Tract Housing Residential Exclusion?

A carrier is attaching the exclusion to every contractor policy regardless of business class. How will this exclusion apply to different types of contractors?

Posted: Apr 17, 2025

How Does a Divorce Impact Your Agency Value?

For business owners experiencing divorce, 57% say their company has taken a financial hit and 70% couldn’t focus on their work the same way.

Posted: Apr 15, 2025

Roof Claim Costs Increased 30% from 2022 to 2024

Roof repair and replacement cost value totaled nearly $31 billion in 2024, according to a report from Verisk.

Posted: Apr 15, 2025

Personal and Commercial Rates Continue to Rise in Q1 2025

The first quarter of 2025 saw both personal and commercial lines insurance rates continue to increase.

Posted: Apr 13, 2025

3 Tips for Agents Insuring the Cannabis Beverage Boom

With regulatory gaps and safety concerns surrounding hemp-derived THC beverages, manufacturers, distributors and retailers need to protect themselves with the right insurance coverage. Here are three ways agents can help.

Posted: Apr 13, 2025

Flood Insurance: Help Clients Understand What Is and Isn’t Covered

As adverse weather events continue to increase in frequency and severity and humans continue to add infrastructure, changing the potential for flooding, agents can offer their expertise on this increasing risk.

Posted: Apr 13, 2025

Should Subcontractor-Caused Damage Be Covered by General Contractor’s CGL Installation Floater?

A subcontractor called the general contractor and told him he moved a water supply line, after which a leak occurred. The sub filed a claim, but now denies he ever touched the supply line. The sub's carrier won't follow through with the claim.

Posted: Apr 10, 2025

‘Above-Average’ Atlantic Hurricane Season Predicted

Colorado State University (CSU) hurricane researchers are predicting 17 named storms during the Atlantic hurricane season.

Posted: Apr 08, 2025

8 Strategies for Improving Client Retention

Keeping an existing client is far more cost-effective than chasing down a new one. But with more competition and less opportunity for face-to-face contact with customers, how can you stay top of mind?

Posted: Apr 08, 2025

Atain Launches Exclusive Excess Professional Liability Program With Vanguard Specialty

The excess policy provides follow-form coverage on professional liability coverage with limits up to $5 million and a minimum attachment point of $500,000.

Posted: Apr 06, 2025

What Could Be Driving a Reduction in Workers Comp Claims in Construction?

Construction is the largest sector in workers compensation by premium, and changes in frequency of claims impact the workers comp system as a whole.

Posted: Apr 06, 2025

How Agents Can Help Clients Purchase Flood Insurance as the Market and Their Needs Change

The impacts from changing weather patterns have led to consumers re-evaluating their flood risk. Here’s how agents can play a guiding role as the market and clients’ needs change.

Posted: Apr 06, 2025

75% of Small Businesses Experienced Workplace Injuries in 2024

While injury-related expenses cost smalll businesses more than $20,000 in 2024, half of these injuries were reported as being preventable, according to Pie Insurance.

Posted: Apr 02, 2025

House Majority Leader Scalise to Speak at 2025 Big ‘I’ Legislative Conference

U.S. House Majority Leader Steve Scalise (R-Louisiana) will be the keynote speaker at the Legislative Conference, which will take place April 30-May 2 in Washington, D.C.

Posted: Apr 02, 2025

4 Tips to Navigate Hard Coastal Insurance Markets

With restrictions on new business, carriers pulling out of the market, agency commissions taking cuts and underwriting giving the word “difficult” a whole new meaning, it’s no wonder coastal agencies have felt the impact of the last few years.

Posted: Apr 01, 2025

How Independent Agents Can Adapt to Meet Changing Consumer Expectations

From the long-lasting impact of the pandemic to the turmoil of the hard market, personal lines consumer preferences are shifting. Here’s how independent agents can keep up.

Posted: Apr 01, 2025