IA Magazine

Watch: FTC Noncompete Agreement Ban Explained

The Big "I" government affairs team released a video explaining the rule, its effect on independent agents and current state of play.

Posted: May 01, 2024

Running Scared: The Race to Stay Ahead of Evolving Cyber Threats

How independent agents are bridging the gap between cybersecurity, efficient operations and insurance amidst the evolving landscape of cyber threats and rising costs of breaches.

Posted: Apr 30, 2024

What Agents Need to Know About Secondary Perils

How independent agents are bridging the gap between cybersecurity, efficient operations and insurance amidst the evolving landscape of cyber threats and rising costs of breaches.

Posted: Apr 30, 2024

How Not Receiving Profit Sharing Can Impact Your Agency Value

Here are three areas of agency valuation that are impacted by profit sharing and what you can do to protect your agency's value.

Posted: Apr 30, 2024

Half of Auto Insurance Consumers Are Shopping for New Policies

The increase in auto insurance shopping is prompted by soaring auto insurance costs, with a 22.2% year-over-year increase in the average cost of auto insurance through the end of February.

Posted: Apr 30, 2024

Top 5 Most-Read Articles in Independent Agent in April

Independent Agent covered emerging trends and their impact, including the ban of noncompete agreements from the Federal Trade Commission (FTC) and the increasing importance of uninsured or underinsured motorist umbrella coverage.

Posted: Apr 30, 2024

Financial Incentives: The Secret to Benefits Success

Here's why incentives are essential to shaping successful benefits programs, as well as actionable insights for independent insurance agencies and their clients.

Posted: Apr 30, 2024

Slowest Quarter for Agency M&A Since 2020

There were 155 announced insurance agency mergers & acquisitions in the first quarter of 2024, down 18% from 188 in the same period in 2023,

Posted: Apr 28, 2024

Rainbow Launches New Admitted Insurance Program for Restaurants

Rainbow can insure restaurants with up to 65% of gross receipts from the sale of alcohol, as well as new ventures and frame construction.

Posted: Apr 28, 2024

Help Cannabis Business Owners Understand Their Insurance Requirements

For many of the small business owners who have entered the retail cannabis market, ensuring they have the correct type and sufficient levels of insurance coverage may not be top of mind.

Posted: Apr 28, 2024

Embracing DE&I is a Journey of Understanding and Transformation

The ability of an organization to give life to these three words, diversity, equity and inclusion (DE&I), is a keystone to employee retention, talent recruitment and future sustainable success.

Posted: Apr 28, 2024

What Endorsement Adds an HOA as an Additional Insured to a Renters Insurance Policy?

An agency is getting regular requests from homeowners associations (HOAs) to list the HOA as an additional insured on its tenants’ renters insurance policies. However, the carriers will only list the HOAs as certificate holders or additional interest...

Posted: Apr 25, 2024

Small Business Owners Rethink Workers Comp Strategies After a Claim

Independent insurance agents have an opportunity to proactively help customers consider the value of a workers comp policy beyond price—before they learn the hard way.

Posted: Apr 24, 2024

FTC Issues Rule Banning Noncompete Agreements

Independent insurance agents who are considering the impact of the new regulation on their agencies and firms should consider some of the rule’s key elements and certain revisions that were incorporated in the final text.

Posted: Apr 24, 2024

DOL Defines ‘Investment Advice Fiduciary' and Alters Overtime Regulations

The Department of Labor (DOL) announced a final rule that will subject the financial services industry to new requirements designed to protect retirement investors from receiving bad or self-interested investment advice.

Posted: Apr 24, 2024

The Missing Link to Thriving in the Modern Insurance Landscape

The insurance industry players who want to thrive in today's insurance market should adopt InsurTech to improve core functions.

Posted: Apr 23, 2024

How to Value a Project for Builders Risk Coverage

Learn how to collaborate with carriers to get the right coverage and minimize the risk of coinsurance penalties.

Posted: Apr 21, 2024

3 Takeaways from the Ransomware Attack on Change Healthcare

The attack on Change Healthcare underscores key considerations for independent agents when discussing cyber risks with clients.

Posted: Apr 21, 2024

From the Front Lines: E&O

My biggest challenge comes with the misunderstanding of what this E&O coverage offers a client," says independent agent Shelly Turner. "Another challenge is helping other agents recognize the availability of our specialized product."

Posted: Apr 21, 2024

From the Front Lines: E&O

My biggest challenge comes with the misunderstanding of what this E&O coverage offers a client," says independent agent Shelly Turner. "Another challenge is helping other agents recognize the availability of our specialized product."

Posted: Apr 21, 2024