IA Magazine

America Decides: 4 Things to Watch on Election Night

Here are four things Nathan Riedel, Big “I" senior vice president of federal government affairs, and Molly Abboud, Big “I" director of political affairs highlighted for independent agents and brokers to watch on election night.

Posted: Oct 30, 2024

Insurance Agency M&A Down 10% but Stabilizing

While down, the pace of mergers & acquisitions appears to be stabilizing, with 198 deals announced in the third quarter of 2024, up 14% from 173 in the second quarter of 2024.

Posted: Oct 30, 2024

Why Is EBITDA Crucial for Agency Valuation?

In the market right now, prospective buyers are not determining the price they will pay for an agency based on revenue alone, but instead on earnings before interest, taxes, depreciation, and amortization (EBITDA).

Posted: Oct 30, 2024

Whistleblowers: What Clients Need to Know About Evolving EPLI Coverage and Regulations

Independent agents can ensure clients have the employment practices liability insurance (EPLI) coverage they need that can protect a business against claims by workers.

Posted: Oct 27, 2024

Layoffs Lead to Liability: Help Clients Reduce Their Exposure

Agents have the opportunity to step in as trusted risk advisors to explain how layoffs can create new risks for employers when downsizing is unavoidable.

Posted: Oct 27, 2024

Is Cyber Insurance Ready for Future Tech Risks?

What can the CrowdStrike outage teach us about the evolving role of cyber insurance and governance in an increasingly digital world? Learn how this event is reshaping industry standards.

Posted: Oct 27, 2024

How You and Your Clients Should Prepare for Cyberattacks

With identity theft and data breaches continually on the rise, it’s crucial to have a data protection plan in place. Here are some ways you and your customers can prepare for the worst.

Posted: Oct 27, 2024

THC-Infused Beverages: Does CGL Liquor Liability Exclusion Apply?

Is there a liability coverage gap for the sale of these beverages, with or without the addition of a liquor liability form? Does the definition of “intoxication” apply to only alcohol or more broadly?

Posted: Oct 24, 2024

The Big ‘I’ Announces Progressive Insurance® Donation to the Trusted Choice® Relief Fund

Disaster-affected agencies are encouraged to apply for assistance.

Posted: Oct 23, 2024

5 Labor Market Trends to Watch as 2024 Ends

In today’s changing workplace, long-term business readiness revolves around an organization’s ability to attract and retain diverse talent from a wide range of skill sets.

Posted: Oct 23, 2024

Big ‘I’ Experts Preview 2024 Election

Nathan Riedel, Big “I” senior vice president of federal government affairs, sits down with Molly Abboud, Big “I” director of political affairs, to discuss potential outcomes for the election on Nov. 5.

Posted: Oct 23, 2024

Are Your Customers Protected From Cybercrime?

Cyber insurance is just one component in protection from cybercriminals. By recommending these additional strategies to customers, you can position yourself as a trusted advisor.  

Posted: Oct 20, 2024

Cybersecurity Failure: Lessons From the CrowdStrike Incident

A logic error caused a major outage, impacting critical sectors. What can risk managers and cybersecurity pros learn from the CrowdStrike event?  

Posted: Oct 20, 2024

How Employers Create EPLI Exposure by Using Biometric Technology

Using, maintaining and storing employees' biometric information can present employment practices liability insurance (EPLI) concerns if employees make allegations and file lawsuits involving biometric laws.

Posted: Oct 20, 2024

How Employers Create EPLI Exposure by Using Biometric Technology

Using, maintaining and storing employees' biometric information can present employment practices liability insurance (EPLI) concerns if employees make allegations and file lawsuits involving biometric laws.

Posted: Oct 20, 2024

Managing Rising Homeowners Premiums By Offering Standalone Jewelry Coverage

To manage homeowners premium increases, 50% of the agent respondents suggested that clients remove jewelry riders and floaters and move coverage to a standalone jewelry policy, according to survey.

Posted: Oct 20, 2024

Managing Rising Homeowners Premiums By Offering Standalone Jewelry Coverage

To manage homeowners premium increases, 50% of the agent respondents suggested that clients remove jewelry riders and floaters and move coverage to a standalone jewelry policy, according to survey.

Posted: Oct 20, 2024

Should an Agency Record Phone Calls With Insureds?

Should an agency record phone conversations with insureds in the event documentation is needed in an errors & omissions claim? What is the current best practice for storing those recordings in an agency management system (AMS)?

Posted: Oct 17, 2024

1 in 3 Agencies Plan to Implement AI in Next 5 Years

In general, attitudes around implementing artificial intelligence (AI) are mixed, with 64% of principals interested in how AI can improve their business, says Safeco and Liberty Mutual study.

Posted: Oct 16, 2024

Marketing With Direct Mail: Yes, It Works

This 150-year-old marketing channel can be a real game-changer for your firm.

Posted: Oct 15, 2024

APCIA Annual Meeting 2024: The Damaging Impact of Third-Party Litigation Funding

Third-party litigation funding has been an emerging issue over the past several years, and its evolution is creating deeper ripples across the insurance ecosystem and the judiciary.

Posted: Oct 15, 2024

5 Internal Agency Perpetuation Options

When it comes to planning for your agency's internal perpetuation, there are numerous factors to consider, each requiring careful consideration and strategic discussion.

Posted: Oct 15, 2024

APCIA Annual Conference 2024: The Damaging Impact of Third-Party Litigation Funding

Third-party litigation funding has been an emerging issue over the past several years and its evolution is creating deeper ripples across the insurance ecosystem.

Posted: Oct 15, 2024

Cybersecurity Awareness Month: 4 Ways to Mitigate Cyber Exposure

While cyber exposure is dangerously prevalent, there are still tactics that businesses can use to protect their business and their clients.

Posted: Oct 13, 2024

Ahoy! Insurance Announces New Yacht Product

The new yacht product provides protection against common boating risks, accidents unique to watercraft, theft and environmental damage.

Posted: Oct 13, 2024