IA Magazine

Half of Independent Insurance Agency Employees Feel Burned Out

While more than 2 in 3 (69%) say the insurance industry is a great place to work and 4 out of 5 (81%) say they are satisfied with their job, high rates of burnout are threatening to dampen job satisfaction, according to Liberty Mutual and Safeco.

Posted: Mar 25, 2025

P&C Insurance Market Returns to Underwriting Profitability

Two insurance industry reports revealed that the overall property & casualty insurance industry is returning to profitability after years of hard market conditions and weather-related losses.

Posted: Mar 25, 2025

4 Ways the Right Technology Can Future-Proof Your Agency

The right technology provider can be a game-changer for your agency, delivering positive downstream impacts that extend beyond operational efficiency.

Posted: Mar 25, 2025

P&C Insurance Market Returns to Underwriting Profitability After Premium Hikes

Two insurance industry reports revealed that the overall property & casualty insurance industry is returning to profitability after years of hard market conditions and weather-related losses.

Posted: Mar 25, 2025

4 Auto Insurance Studies Agents Should Read

Increasing auto insurance premiums have been a concern over the past couple of years. Here are four insurance reports agents can use discussing the current state of personal auto insurance with their clients.

Posted: Mar 23, 2025

How Agents Can Help Clients Keep Their Classic Cars in Top Condition

For car enthusiasts, owning a classic car is considered a luxury and a privilege, yet many may be unaware of the maintenance that is entailed.

Posted: Mar 23, 2025

Sexual Misconduct Liability for Health Care Organizations

Ensure your health care clients understand why the market is hardening by making them aware of the factors that contribute to the changes in the market, such as continued claim activity, social inflation and third-party litigation financing.

Posted: Mar 23, 2025

Does a BAP Cover a Claim Outside the Radius of Operations?

If the insured has a claim outside the 500-mile radius, will the claim be covered? Is there a chance the carrier may wish to nonrenew or cancel?

Posted: Mar 20, 2025

Homeowners Repair Cycle Length Reaches All-Time High

Homeowners claims are taking longer to resolve than ever before with the average claim cycle time—from filing the claim to finished repairs—now 32.4 days.

Posted: Mar 19, 2025

NFIP Reauthorized in Recent Government Funding Bill

On March 14, the U.S. Senate passed a continuing resolution (CR), which will fund the federal government through Sept. 30 and included a reauthorization of the National Flood Insurance Program (NFIP).

Posted: Mar 18, 2025

Is Google Dead? Why Social Media is Taking Over Search

If you're still relying solely on Google for your agency's search visibility, you might want to rethink your strategy because social media is quickly becoming the new search engine for the next generation.

Posted: Mar 18, 2025

Stress and Burnout: The Quiet Reason Many Agency Owners Are Selling Their Agencies

Selling your agency may feel like the only option to restore balance, but here are five other solutions to consider if stress and burnout are the primary drivers for a change in ownership.

Posted: Mar 18, 2025

How Agents and Carriers Can Play a Role in Reducing Distracted Driving

Working in conjunction with government agencies and organizations, carriers and agents can support initiatives, creating a cohesive strategy to address the dangers of distracted driving and making drivers safer and more insurable.

Posted: Mar 16, 2025

Admiral Insurance Group Adds Virtual Care to Primary and Excess Professional Liability Product

The product provides up to $5 million limits for medical malpractice coverage; technology professional liability, including a broad definition of technology services and more.

Posted: Mar 16, 2025

Delayed Repairs and the ‘Delay, Loss of Use or Loss of Market Exclusion’

A client's commercial property suffered wind damage. Repair estimates were approved, but weather delayed the repair and the costs increased. The adjustor is denying the additional repair costs.

Posted: Mar 13, 2025

Most Ransomware Incidents Start With Compromised VPN Devices

VPNs and firewalls ranked as the first and fourth most exploited technologies for initial access in 2024, according to a Coalition report.

Posted: Mar 12, 2025

4 Things Employers Should Know About Gen Z Workers

What separates successful employers from their peers is how they tackle the new challenges and benefits brought by the newest generation of workers.

Posted: Mar 11, 2025

How Tax Planning Can Accelerate Agency Growth

Tax planning increases an agency's profitability without sacrificing critical assets like laying off staff or downgrading software.

Posted: Mar 11, 2025

Navigating the Auto Theft Surge: A Guide for Independent Agents

As car thefts become more frequent and sophisticated, independent agents play a crucial role in helping clients understand their risks and ensuring they have adequate coverage.

Posted: Mar 09, 2025

From the Front Lines: Long-Term Care

“We see challenges with LTC (long-term care) adoption rates,” says independent agent Kelly Augspurger. “In my opinion, it's an awareness and education issue because people don't know what they don't know.”

Posted: Mar 09, 2025

3 Commercial Property Trends to Watch in 2025

There are signs of stabilization in the property market, with ample capacity available following favorable underwriting results on the insurance and reinsurance side.

Posted: Mar 09, 2025

Gallagher Acquires Woodruff Sawyer for $1.2 Billion

The deal is expected to close in the second quarter of 2025 and will continue to strengthen Gallagher's middle-market reach.

Posted: Mar 04, 2025

Liberty Mutual to Retire Safeco Brand in 2026

Liberty Mutual Insurance, the sixth-largest personal insurance provider in the U.S., will market and sell all of its personal lines products solely under the Liberty Mutual brand starting in 2026.

Posted: Mar 03, 2025

Why Crop Insurance Is Essential to Protect Against Unpredictable Weather-Related Losses

Extreme weather events continue to present difficulties in the agricultural sector, and farmers are finding themselves in dire financial straits and at risk of losing their livelihood.

Posted: Mar 02, 2025

How Agents Can Explain the Importance of Crop Insurance Coverage to Clients

Farmers face making increasingly difficult, complicated decisions when it comes to choosing from complex insurance products. This is where independent agents can help.

Posted: Mar 02, 2025