IA Magazine

‘Any’ Auto: Does Symbol 1 Cover Vehicles Not Listed?

Does Symbol 1 cover vehicles that might not immediately be listed due to system glitches, human errors or other oversights?

Posted: May 30, 2024

Farm Bill Moves Through House Committee

The Big “I" advocated for the inclusion of an administrative and operating (A&O) inflationary adjustment in reinsurance year 2025 along with additional funds in A&O for reinsurance years 2022-2024.

Posted: May 29, 2024

32.7 Million Homes at Risk of Hurricane Damage, Says CoreLogic Report

Across the nearly 33 million homes stretching from Texas to Maine that could be impacted by hurricane winds, the combined reconstruction cost would be $10.8 trillion.

Posted: May 29, 2024

32.7 Million Homes at Risk of Hurricane Damage

Across the nearly 33 million homes stretching from Texas to Maine that could be impacted by hurricane winds, the combined reconstruction cost would be $10.8 trillion.

Posted: May 29, 2024

5 Benefits of Effective Leadership Coaching

Leadership coaching is a collaborative process and partnership between a leader and a trained coach. Here are five its benefits.

Posted: May 28, 2024

Valuation Methods for Commercial Tenant Improvements and Betterments

If the tenant is required by the lease to insure the value of their improvements and betterments, how can they do that without having it valued in a way that’s dependent on the building owner making repairs promptly?

Posted: May 23, 2024

Small Business Survey: Beware of Birds, Skunks and Champagne

As many as 50% of small business owners said they have made a workplace injury claim in the past five years. Here are some of the most uncommon accidents experienced.

Posted: May 22, 2024

Why You Should Plan a Summer Community Service Event

A community service event can help employees who may be feeling stressed. Here are some ways to help employees get the most from such an event.

Posted: May 21, 2024

Why Boutique Hotel Owners Require Customized Insurance Coverage

Like all hotels, boutique hotels need multiple insurance coverages, including property coverage for boutique hotels that are refurbished historic properties.

Posted: May 19, 2024

From the Front Lines: Nonprofit Insurance

"It's a challenge to instill the mindset that just because you're trying to help doesn't mean you aren't vulnerable to a lawsuit," says independent agent Ben Guttman. "Many people don't think about that, but recent cases have made many directors more...

Posted: May 19, 2024

Why Ignoring Commercial Bonds Could Cost Agencies and Clients Revenue

The commercial surety market is booming in the U.S., thanks in part to federal infrastructure spending, which has triggered a steady flow of work for contractors—and an equally satisfying demand for commercial bonds.

Posted: May 19, 2024

Should Agencies Keep Both Paper and Electronic Copies of Files?

How do dual files impact agency errors & omissions?

Posted: May 16, 2024

Proactive Education Creates Opportunities in the Hard Market

The latest research by Liberty Mutual and Safeco explores how the hard insurance market is impacting both agents and customers and discusses the opportunities that exist for agents to improve customer satisfaction and retention.

Posted: May 15, 2024

AI is Bringing the Evolution of Small and Midsize Commercial Insurance Distribution

Artificial Intelligence (AI) can guide agents and brokers to recommend policies tailored to the specific needs of small or midsize businesses, all while reforming the process for maximum efficiency.

Posted: May 14, 2024

4 Tips to Help Identify, Mitigate and Manage Environmental Exposures

While certain industries, such as health care, manufacturing and chemical industries, have the biggest environmental risk factors, every commercial insured has some form of a pollution exposure.

Posted: May 12, 2024

4 Tips to Help Identify, Mitigate and Manage Environmental Exposures

While certain industries, such as health care, manufacturing and chemical industries, have the biggest environmental risk factors, every commercial insured has some form of a pollution exposure.

Posted: May 12, 2024

Intact Insurance Specialty Solutions Now Offering Trade Credit Coverage

Coverage is available for most industries and countr​ies with highlights including comprehensive coverage, excess & quota share and specialty coverages.

Posted: May 12, 2024

Intact Insurance Specialty Solutions Now Offering Trade Credit Coverage

Coverage is available for most industries and countr​ies with highlights including comprehensive coverage, excess & quota share and specialty coverages.

Posted: May 12, 2024

How Changing Market Trends Impact Insurance Agency E&O Risk

The wave of post-pandemic lawsuits has prompted independent insurance agents to review their errors & omissions (E&O) coverage and risk mitigation strategies.

Posted: May 12, 2024

How Changing Market Trends Impact Insurance Agency E&O Risk

The wave of post-pandemic lawsuits has prompted independent insurance agents to review their errors & omissions (E&O) coverage and risk mitigation strategies.

Posted: May 12, 2024

Does a Homeowners Policy Cover a Water-Damaged Subfloor That Contains Asbestos?

After the client submitted a claim, the restoration company found asbestos in the subfloor that was damaged in the claim incident. The adjuster is denying any coverage for the removal of the subfloor.

Posted: May 09, 2024

Fannie Mae and Freddie Mac Postpone Updated Guidance for Property Insurance Coverage

The guidance was set to take effect on June 1 and would have required mortgagors to acquire replacement cost value coverage for their property, including roofs, deeming actual cash value unacceptable.

Posted: May 08, 2024

Citizens Partners with EZLynx to Provide Homeowners Quotes in Florida

Through Citizens, more than 7,000 agents will receive no-cost access to the EZLynx Rating Engine to enable them to quote home and dwelling fire policies in Florida.

Posted: May 08, 2024

6 Steps to Success with Email Automation

Email can be used to help your customers better understand the value of their coverage, foster a positive relationship with you as their insurance agent and ultimately contribute to long-term customer retention and satisfaction.

Posted: May 07, 2024

US Assure Expands XPressBIND Eligibility

US Assure expanded eligibility for XPressBIND, its online six-question application with no underwriting holds, from $500,000 to $1 million for new home construction projects.

Posted: May 05, 2024