IA Magazine

Trump Administration Issues Additional PPP Guidance

Since the CARES Act was enacted, the Treasury Department and the Small Business Administration have continued to update their guidance regarding the Paycheck Protection Program.

Posted: Apr 29, 2020

Lawmakers Rally Congressional Support for Trade Associations

A bipartisan letter called for 501(c)(6) organizations, such as trade associations, to be able to access loans through the Small Business Administration’s Paycheck Protection Program.

Posted: Apr 29, 2020

2020 Big ‘I’ Virtual Legislative Conference Registration Open

The Big “I” Virtual Legislative Conference: Big “I” in Action will take place May 12-15.

Posted: Apr 29, 2020

How You Can Provide Value While Maintaining Social Distancing

From helping clients navigate risks to developing new relationships to grow their book of business, brokers must think of new ways to engage.

Posted: Apr 28, 2020

5 Tips to Share with Commercial Clients During the Coronavirus Pandemic

By proactively engaging clients in conversations, agents can strengthen retention and deepen relationships, demonstrating their support as businesses face new challenges.

Posted: Apr 27, 2020

Builders Risk: Providing Value in a Tough Market

Independent agents should think about how to provide more value to win a dwindling amount of business—many of whom will be paying more and more for coverage.

Posted: Apr 26, 2020

From the Front Lines: Builders Risk

In a challenging builders risk marketplace, "water damage is becoming a silent killer for a lot of carriers," says independent agent Bret Lawrence. "We're seeing water damage minimum deductibles increasing and many carriers sub-limiting the coverage....

Posted: Apr 26, 2020

Why Restaurants Need Cyber Insurance Amid Pandemic

Restaurants shifting to online orders and digital payments in response to the coronavirus crisis are facing new exposures. Here are answers to four common questions about restaurants and cyberattacks.

Posted: Apr 26, 2020

Affluent Accounts Can Maximize Growth for Your Agency

Customers with affluent accounts are a symbiotic match for independent agents. Learn why independent agents are uniquely suited to this type of account and how it will grow your business.

Posted: Apr 26, 2020

Trusted Choice® COVID Relief Fund Gets $500,000 from Foremost®, Bristol West®

The grant will be dispersed directly to independent agencies via a Big “I” application process to meet those agencies’ critical needs in the midst of the pandemic. Independent agencies can apply for assistance online.

Posted: Apr 26, 2020

Chubb Introduces First-of-Its-Kind Fidelity Bond

The product covers financial losses from social engineering fraud, dishonest acts of an employee and unauthorized access by hackers.

Posted: Apr 26, 2020

Insuring a $25 Million Building for $1 Million: E&O Waiting to Happen?

A prospect bought a warehouse for $1 million, but the replacement cost would be $25 million. The owner only wants to protect their investment and has said they wouldn't replace the building in the event of a total loss.

Posted: Apr 23, 2020

Big ’I’ Partners Help Communities in Need

As the nation experience the ongoing effects of the COVID-19 crisis, Big "I" carriers are helping their communities.

Posted: Apr 22, 2020

Congressional Letters Push Back Against Business Interruption Proposals

Following President Trump’s remarks two weeks ago, there is growing congressional focus on business interruption insurance and whether it covers claims from COVID-19.

Posted: Apr 22, 2020

Congress Set to Pass Round 2 of PPP Funding

As of press time, the U.S. House of Representatives is expected to pass further COVID-19 relief legislation later today.

Posted: Apr 22, 2020

Save the Date: Big ‘I’ Virtual Legislative Conference May 12-15

From the comfort of your computer or mobile device, get up to speed on legislative, regulatory and legal challenges to your profession.

Posted: Apr 22, 2020

Student of the Industry: Coronavirus Cleanup and Contractors Pollution Liability

When the coronavirus-induced shutdown ends, it's likely many businesses will seek out decontamination firms. If any of those are your clients, are they protected?

Posted: Apr 21, 2020

Navigating Client Questions Around Wildfire Preparedness

Independent agents must stress with clients the importance of effectively preparing for the risk of wildfires. Here's a closer look at some key coverage considerations and wildfire preparation tips.

Posted: Apr 20, 2020

Affluent Accounts Are a Key to Growing Your Business

Did you know that affluent accounts can help to propel your agency’s growth? Learn why these customers may have unique coverage needs and are well-suited to an independent agent.

Posted: Apr 19, 2020

Changes in Builders Risk Amid Tightening Capacity and Rising Rates

As investors flee the markets and businesses freeze operations during the coronavirus pandemic, the landscape for agents is shifting.

Posted: Apr 19, 2020

Coalition Launches CCPA Endorsement

The product responds to the financial risk the new CCPA regulation presents to existing Coalition policyholders and small to mid-sized businesses.

Posted: Apr 19, 2020

3 Steps to Insuring Cannabis Clients

As an emerging business sectors with its own unique set of risks and challenges, insuring a cannabis business may not be easy—but is far from impossible.

Posted: Apr 19, 2020

Changes in Builders Risk amid Tightening Capacity and Rising Rates

As investors flee the markets and businesses freeze operations during the coronavirus pandemic, the landscape for agents is shifting.

Posted: Apr 19, 2020

Fake Supercar Wire Fraud: Is Carrier Right to Deny Claim?

An insured wired $50,000 for a car that didn't exist. The carrier is denying false pretense coverage under his dealership insurance because the claim is for a car and the dealership is classified as a motorcycle dealership.

Posted: Apr 16, 2020

Big ‘I’ Receives $2 Million for Trusted Choice® COVID-19 Relief Fund from Progressive

The grant will be dispersed directly to independent agencies via a Big “I” application process to meet those agencies’ critical needs in the midst of the pandemic.

Posted: Apr 15, 2020