IA Magazine

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

SBA and Treasury Issue Additional Paycheck Protection Program Guidance

The guidance includes additional eligibility criteria and requirements, as well as answers to FAQs.

Posted: Apr 15, 2020

Big ‘I’ Urges Congress to Authorize Additional Funding for the PPP

As of this morning, the Paycheck Protection Program had officially exhausted its $350 billion made available through the CARES Act.

Posted: Apr 15, 2020

Pressure on Business Interruption Insurance Increases After President Trump’s Comments

Two separate business interruption bills were introduced in the U.S. House of Representatives.

Posted: Apr 15, 2020

More Carriers Respond to Support Clients and Communities Hit by Crisis

More carriers and Big “I” partners responded to support their policyholders and communities.

Posted: Apr 15, 2020

How to Prepare for Hurricane Season During the Coronavirus Pandemic

A hurricane overlapping with a pandemic will present unique challenges on top of the preexisting potential for catastrophe. Here are three key areas agents can help clients prepare now.

Posted: Apr 14, 2020

Taking Privacy Seriously in the New CCPA Era

Honoring consumer privacy is the most critical part of providing an exceptional customer experience.

Posted: Apr 13, 2020

Business Interruption Insurance Takes Center Stage at White House

The Big "I" worked with senators to send a letter to the White House addressing the issue of business interruption insurance.

Posted: Apr 12, 2020

Beazley Launches Life Sciences Insurance for Small Businesses

The Beazley BioSecure policy provides insurance protection against a wide range of exposures in the life sciences sector, including specialists in pharma, biotech and medical devices.

Posted: Apr 12, 2020

Learn Why Affluent Accounts Offer Independent Agents Growth Opportunities

Customers with affluent accounts often have unique coverage needs. Do you know why independent agents are well-suited to this type of account and how it can help grow your agency?

Posted: Apr 12, 2020

7 Things Independent Agents Need to Know About Flood Insurance

In the coming months, your clients will face an increased risk for floods. Here are seven key facts about floods and flood insurance to help you help your customers.

Posted: Apr 12, 2020

A Private Solution: Wading Through the Flood Insurance Marketplace

Flood insurance is often overlooked by agents and consumers alike. Now is the perfect time to read up on and educate clients about private market flood insurance options.

Posted: Apr 12, 2020

How Wildfires Contribute to Uninsured Flooding Events

Wildfire-affected and surrounding areas face a higher risk of flooding, with changes to terrain, soil and added debris. Many property owners are unprepared for the risk.

Posted: Apr 12, 2020

Should an Agency Submit a Coronavirus-Related Business Income Interruption Claim?

With speculation about legislation requiring insurers to pay business income interruption claims relating to the coronavirus even when coverage is excluded, should we wait to see what happens with the legislation or should we submit the claim now?

Posted: Apr 09, 2020

Watch a Webinar on the Legislative Response to the Coronavirus Pandemic

The Big “I” Government Affairs team recorded a 45-minute webinar addressing the legislative activity at the state and federal levels in response to the coronavirus pandemic.

Posted: Apr 08, 2020

Big ‘I’ President & CEO Praises Insurance Carriers’ Coronavirus Response

In response to the coronavirus pandemic and the challenges presented to insureds, Travelers, Liberty Mutual and Progressive have announced measures designed to help those hit hardest by economic uncertainty.

Posted: Apr 08, 2020

Essential HR Coronavirus Resources and Links

Affinity HR, a Big "I" Hires partner, has go-to resources for your coronavirus pandemic questions.

Posted: Apr 08, 2020

New York COVID-19 Rule Requires Action by Licensees

The New York State Department of Financial Services recently issued an emergency regulation that—unless modified—will likely require action by every insurance agent holding a resident or nonresident license in that state.

Posted: Apr 08, 2020

Big ‘I’ Urges Congressional Leaders to Support Associations

This week, the Big “I,” working in tandem with the American Society of Association Executives, sent letters to congressional leadership advocating for support for 501(c)(6) organizations in the next coronavirus aid package.

Posted: Apr 08, 2020

Selective Collegiate Competition Gives Real-World Experience to College Students

The insurance industry has a lot to offer the next workforce generation. Seven teams of students had an opportunity to experience that firsthand by taking the reins of a virtual agency.

Posted: Apr 07, 2020