IA Magazine

Auto Claims Severity Up 47% from 2020 and Shows No Sign of Slowing

The high claims severity that plagued the personal auto insurance market in 2023 shows no signs of abating, according to LexisNexis.

Posted: Jun 19, 2024

Auto Claims Severity Up Significantly Since 2020 With No Sign of Slowing

Risky driving patterns continue to rise with instances of speeding, driving under the influence and distracted driving all increasing in 2023, according to LexisNexis.

Posted: Jun 19, 2024

Owning It: Meet Young Agent Tyler Ross

"There's a better understanding of work-life balance with millennials and Gen Zers," says young agent Tyler Ross. "Speaking as a father of two boys, I see more parents prioritizing being around their kids, taking them to school, going to activities a...

Posted: Jun 18, 2024

Owning It: Meet Young Agent Maggie Landry

"In the hard market, people from an older generation come with knowledge of good times and times when they've been through a hard market and come back out of it," says independent agent Maggie Landry. "That’s always nice to hear about because sometim...

Posted: Jun 18, 2024

Improve Workers Comp Outcomes With Prompt Reporting

Avoid claim delay dangers with these best practices.

Posted: Jun 16, 2024

Sertis Opens Multifamily Capacity to 32 States

Sertis' focus is on multifamily garden-style apartments with coverages including package, monoline general liability and monoline property with equipment breakdown.

Posted: Jun 16, 2024

Protect Your Clients’ Rad Rides From the 1990s

Special cars deserve specialty protection.

Posted: Jun 16, 2024

5 Key Challenges Facing the Equine Industry

As in many industries, there are numerous challenges that participants in the equine industry must face. Independent agents can assist clients overcome these challenges.

Posted: Jun 16, 2024

3 A&E Claims Trends to Watch

When it comes to A&E claims, litigation is nearly a given on public design projects.

Posted: Jun 16, 2024

Additional Insured Endorsements for Landlords During Construction Without a Written Contract

The landlord, the tenant and the general contractor mistakenly believe the contractor’s additional insured endorsements are triggered by the lease agreement between the landlord and tenant.

Posted: Jun 16, 2024

What Are ERISA Bonds and Who Needs Them?

By understanding the ins and outs of an ERISA bond and what it protects against, independent agents can better position themselves to offer this important coverage.

Posted: Jun 16, 2024

InsurTech Insights Conference: AI Meets IAs

This year's conference focused on generative artificial intelligence (AI) and the industry's accelerated acceptance of AI to extract data to deliver better outcomes in underwriting, claims, service and sales.

Posted: Jun 12, 2024

Trusted Choice® Releases AI Marketing Toolkit

The toolkit provides resources for mastering AI prompts, using AI for search engine optimization (SEO), auditing an AI chatbot, ethics and best practices, and more.

Posted: Jun 12, 2024

M&A Trends: Shifting From Selling Out to Selling in

There is a lot of noise and misinformation in the marketplace, but focusing on the fundamentals to lead a quality, organic-growth-first organization will preserve your ability to choose the perpetuation path that is best for you.

Posted: Jun 11, 2024

Owning It: Meet Young Agent Nnamdi Anene

"It meant everything to me to know that I had mentors who believed in me and told me that I could achieve whatever I wanted to do, as long as I was taking the right steps," says young agent Nnamdi Anene.

Posted: Jun 11, 2024

Owning It: Meet Young Agent Nnamdi Anene

"It meant everything to me to know that I had mentors who believed in me and told me that I could achieve whatever I wanted to do, as long as I was taking the right steps," says young agent Nnamdi Anene.

Posted: Jun 11, 2024

Owning It: Meet Young Agent Megan Kempf

"The accessibility of buying insurance online is becoming so great that the convenience of doing insurance without an agent is an issue that will probably come up a lot more," says young agent Megan Kempf. "I think it’s creating problems for people w...

Posted: Jun 11, 2024

Owning It: Meet Young Agent Megan Kempf

"The accessibility of buying insurance online is becoming so great that the convenience of doing insurance without an agent is an issue that will probably come up a lot more," says young agent Megan Kempf. "I think it’s creating problems for people w...

Posted: Jun 11, 2024

Cars From the ‘90s Are Classics? Yes Way!

The 1990s were more than "just about 10 years ago."

Posted: Jun 09, 2024

Claims Reporting Best Practices for Small Commercial Clients

Don’t delay—submit that workers comp claim today!

Posted: Jun 09, 2024

The Consequences of Misclassifying Risk

Misclassifying risks can lead to significant consequences for agents and clients. From inadequate coverage to unexpected costs and lawsuits, the risks of misclassification are real and can have a lasting impact.

Posted: Jun 09, 2024

Keeping Up With the Expanding Equine Market

Understanding the reasons behind the significant growth in the equine industry can present numerous opportunities for agents.

Posted: Jun 09, 2024

Keeping Up With the Expanding Equine Market

Understanding the reasons behind the significant growth in the equine industry can present numerous opportunities for agents.

Posted: Jun 09, 2024

Introducing Big ‘I’ Alliance

Big “I” Markets has a new name and is now part of a powerful new suite of market access solutions for independent agents: Big “I” Alliance.

Posted: Jun 05, 2024

Owning It: Meet Young Agent Kristi Sizemore

"In our agency, we have owners in different generations, and sometimes it can be challenging but oftentimes it’s such a blessing," says young agent Kristi Sizemore. "Hearing everyone’s different views and perspectives is so important."

Posted: Jun 04, 2024