IA Magazine
As a senior leader at Intact Insurance Specialty Solutions, Melissa Goto oversees four business units across North America including technology, environmental, entertainment and excess property. She has more than 20 years of insurance industry experi...
Posted: Aug 31, 2024
Should the agent contact the other vehicle’s insurance carrier and report the claim? The insured is adamant the accident was not their fault.
Posted: Aug 29, 2024
Following a brief lull in tropical activity in the wake of Hurricane Ernesto, the conditions are now peak for a series of back-to-back storms over the next few weeks in the Atlantic.
Posted: Aug 28, 2024
Skills-based hiring often provides a solution by reimagining the hiring process to spot great candidates with valuable skills that transcend the experience section of a resume.
Posted: Aug 27, 2024
Discover cost-saving strategies, value-added services and effective cross-selling tips to help ensure client satisfaction.
Posted: Aug 25, 2024
For those categorized as the “sandwich generation"—people raising their children and taking care of their parents—ensuring they have the necessary and sufficient life coverage for their family's future needs is essential.
Posted: Aug 25, 2024
"More education is needed to get younger people to incorporate life insurance into their retirement planning and overall investment strategy," says independent agent Colleen Corrigan. "If they purchase life insurance under the age of 40, it's fairly...
Posted: Aug 25, 2024
Wildfires are a wide-reaching risk that occur with little warning. The more homeowners understand about the claims process, the easier it tends to be.
Posted: Aug 25, 2024
The nonprofit owns buildings and has tenants, as well as collects donations. Donations appear on the nonprofit’s profit and loss statement and therefore impact the profits.
Posted: Aug 22, 2024
This week, a Texas district court ruled that the Federal Trade Commission (FTC) cannot enforce its ban on noncompete agreements.
Posted: Aug 21, 2024
Both residential and commercial property saw total reconstruction costs increase from July 2023 to July 2024.
Posted: Aug 21, 2024
A combination of taditional and creative benefits that meet employee needs is necessary to maintain a productive workforce.
Posted: Aug 20, 2024
Nancy Germond, Big “I" executive director of risk management and education, is a second-generation insurance professional who has written scores of risk-management articles and a book on workers compensation.
Posted: Aug 20, 2024
Accurate property valuations are essential, yet companies often unknowingly underreport the value of their property assets, potentially leaving them underinsured.
Posted: Aug 18, 2024
Insured event triggers include impairment, government recall, malicious product tampering and product extortion.
Posted: Aug 18, 2024
For independent insurance agents, capturing the underserved life insurance market of young consumers and keeping apprised of their needs can open up opportunities.
Posted: Aug 18, 2024
Experts answer the most frequently asked questions by brokers about prescription drug plans.
Posted: Aug 18, 2024
An agency is considering adding language in its agent of record (AOR) letter advising that the agency is not responsible for any deficiencies that exist in the coverage until it has a reasonable chance to review the coverages.
Posted: Aug 15, 2024
As thousands more people move in rather than out of fire- and flood-prone areas, there is a real opportunity for independent agents to help counter the decline in flood insurance coverage.
Posted: Aug 14, 2024
As thousands more people move in rather than out of fire- and flood-prone areas, independent agents have an opportunity to counter the decline in flood insurance coverage.
Posted: Aug 14, 2024
Use the 2024 Best Practices Study insights to see how your agency's performance measures up—starting with sales velocity.
Posted: Aug 14, 2024
A single CAT event can result in many financial implications for an agency, including agency valuations.
Posted: Aug 13, 2024
2024's rate increases continue the trend set in 2023, which saw premiums rise by 24% after insurers experienced record underwriting losses of $33.1 billion in 2022.
Posted: Aug 11, 2024
Almost all American seniors take at least one prescription drug, and one-third take three or more. Brokers can help seniors get the most out of their prescription drug plan.
Posted: Aug 11, 2024
The DP3 surplus lines product can cover a wide range of dwelling types, including primary residences, secondary homes, rental properties and seasonal homes.
Posted: Aug 11, 2024