IA Magazine

5 Foundational Insurance Concepts Producers Need to Know in 2025

After a tumultuous few years, Celent, Deloitte, WTW and Forrester, among others, have weighed in with their predictions on what's in store for the insurance industry in 2025.

Posted: Jan 10, 2025

What Is a Wind or Hail Buyback Policy?

How do you explain how a wind or hail buyback policy works? And is a deductible applied to these types of policies?

Posted: Jan 09, 2025

InsurPac Closes the Books on 118th Congress

InsurPac, the Big “I” political action committee (PAC) and one of the largest small business PACs in the country, raised $1,291,724 during the 2024 calendar year.

Posted: Jan 08, 2025

New Year, New Administration: What New Laws Can Employers Expect?

With a new year and a new administration companies can expect many changes, including new employment regulations they have to navigate. Here are some predictions.

Posted: Jan 07, 2025

2025 Is Set to Be a Year of Shopping and Switching

While sky-high premiums prompted half of U.S. auto insurance customers to shop for a new plan last year, few alternatives meant most stayed put. That's all about to change.

Posted: Jan 07, 2025

4 Things Homeowners Clients May Need to Update in 2025

2025 is set to be a year of significant change with shifting markets and evolving weather patterns, making it more important than ever to ensure your homeowner clients are adequately protected.

Posted: Jan 07, 2025

Help Clients Understand the Importance of an Umbrella in a Turbulent Market

Volatility is making it harder for agents to find coverage for their customers, whose demand has increased as awareness of large jury verdicts grows.

Posted: Jan 05, 2025

Reshaped Narrative: 3 Strategies to Win Customer Trust in a Hard Market

Independent agents can transform how customers perceive value in insurance, guiding them through a challenging and evolving market.

Posted: Jan 01, 2025

3 Strategies to Win Customer Trust in a Hard Market

Independent agents can transform how customers perceive value in insurance, guiding them through a challenging and evolving market.

Posted: Jan 01, 2025

Agency Nation Meets: Karnina Szymanski

Karnina Szymanski leads all aspects of customer experience for Bold Penguin. Her personal and professional mission is to elevate the next generation of leaders within the insurance industry.

Posted: Dec 31, 2024

4 Ways to Enhance User Experience by Improving Website Navigation

Many customers' first encounter with you is through your website. The initial impression sets the tone for your relationship with future clients.

Posted: Dec 30, 2024

Fast Quoting, AMS Integration Are Key to Agent-Carrier Partnerships

When choosing carriers to work with, agents listed the quality of product offerings as the most important factor, followed by great customer service and ease of business enabled by technology.

Posted: Dec 29, 2024

vQuip Launches AdventureShield for Adventure Rental Businesses

Coverage provides comprehensive commercial insurance coverage for the high-risk adventure rental sector.

Posted: Dec 29, 2024

The Changing Face of Personal Umbrella Purchasing Profiles

Awareness of an increasingly litigious environment is leading to higher demand for personal umbrella coverage.

Posted: Dec 29, 2024

5 Tactics to Help Small Business Owners Avoid Underinsurance

Independent insurance agents play a critical role in encouraging small business owners to prioritize insurance and closing the underinsurance gap.

Posted: Dec 22, 2024

What Commercial Clients Should Know About Earthquake Insurance

For the most part, earthquake is a covered peril in traditional insurance but policies tend to have low sublimits compared to other perils.

Posted: Dec 22, 2024

Wedding Insurance: How Customization Is Impacting the Market

From themed weddings that pay homage to a couple's favorite TV show to adventure weddings that include hiking, the world of weddings continues to evolve and the special events insurance market has taken notice.

Posted: Dec 22, 2024

The Resurgence of Forgery and Alterations is Creating Risk for Business Owners

The importance of secure payment methods and vigilant practices in preventing business fraud.  

Posted: Dec 22, 2024

How Does the Volunteer Worker Exclusion Impact BOP Coverage?

If a claim is caused solely by a volunteer and the entity gets sued, does the entity have coverage?

Posted: Dec 19, 2024

4 Ways a Bank Loan Can Fuel Agency Growth in 2025

Bank lending can serve as a powerful tool for various purposes, from perpetuating an agency through strategic acquisitions to investing in cutting-edge technology.

Posted: Dec 18, 2024

Rep. French Hill to Chair House Financial Services Committee

Rep. Hill currently serves as Vice Chairman of the House Financial Services Committee and serves as Chairman of the House Subcommittee on Digital Assets, Financial Technology and Inclusion.

Posted: Dec 18, 2024