IA Magazine

Auto Insurance Rates Rose 20% Last Year

It's the biggest jump since 1976 and the 16th consecutive month of annual gains exceeding 10%, according to the Bureau of Labor Statistics’ (BLS) consumer price index (CPI) report.

Posted: Jan 17, 2024

Why Do Surety Companies Ask for a Social Security Number?

Here's how an agent can to explain this unique requirement to their surety clients.

Posted: Jan 16, 2024

Does CGL Cover Landlord Liability for Parking Lot Car Accident?

If a customer of one of the tenants was injured in an auto accident in the parking lot, does the standard commercial general liability policy without the non-owned auto endorsement provide coverage for the landlord?

Posted: Jan 11, 2024

2024 Outlook: Premium Growth Drives Hard Market Recovery

The outlook for U.S. property & casualty insurance industry is more favorable than 2023, with expected strong premium growth and easing inflation ​pressures, according to report.

Posted: Jan 10, 2024

Navigating the Hard Market: Expert Advice from Trusted Choice® Panel Discussion

​​The Trusted Choice® Board of Directors annual meeting highlighted initiatives it implemented to support Big "I" members in 2023 and 2024.

Posted: Jan 10, 2024

HR Trends and Regulation to Watch in 2024

Here are some of the important general, state and federal trends to watch as we begin 2024.

Posted: Jan 09, 2024

5 Ways to Resolve Workplace Conflict

Agency leaders who address conflict directly, rather than sweep it under the rug, are taking a big step toward creating an environment where employees thrive and produce.

Posted: Jan 09, 2024

How the Hard Market and Talent Shortages Compound Agency E&O Exposures

Agency errors & omissions coverage has been impacted by the hard market, with premiums increasing over the past few years, as well as the difficulty in finding new employees.

Posted: Jan 07, 2024

Coalition’s Executive Risks Insurance Available on Surplus Lines Paper

Products offered on surplus lines paper provides coverage to a broader range of industries, including health care, education, private equity (PE) and venture-backed portfolio companies, nonprofit organizations, and more.

Posted: Jan 07, 2024

Coalition’s Executive Risks Insurance Available on Surplus Lines Paper

Products offered on surplus lines paper provides coverage to a broader range of industries, including health care, education, private equity (PE) and venture-backed portfolio companies, nonprofit organizations, and more.

Posted: Jan 07, 2024

3 Important Tips Agents Can Provide Special Events Clients

A customizable insurance product gives independent agents the ability to craft a special events package that will meet their clients' needs, whether it is for a large complex event or a smaller, less expensive event.

Posted: Jan 07, 2024

3 Important Tips Agents Can Provide Special Events Clients

A customizable insurance product gives independent agents the ability to craft a special events package that will meet their clients' needs, whether it is for a large complex event or a smaller, less expensive event.

Posted: Jan 07, 2024

Top 5 Most-Read Articles in Independent Agent in December

While bringing you critical “Home Alone" holiday movie analysis, our December articles delved into the concerns of the hard market and the troubled personal auto environment.

Posted: Jan 03, 2024

InsurPac Tops $1.3 Million in Record Fundraising Year

InsurPac, the Big “I” political action committee (PAC) and one of the largest small business PACs in the country, raised $1,318,024 during the 2023 calendar year.

Posted: Jan 03, 2024

Social Media Trends to Look Out For in 2024

Here are the emerging trends for the most popular social media platforms, and how you can leverage them to enhance your online presence.

Posted: Jan 02, 2024

How Agents Can Help Organizations Take Safety Steps To Mitigate Armed Intruder Risks

Half of Americans believe their house of worship, nonprofit, community group or school is not prepared for the possibiity of an armed intruder, highlighting the need for agents to help clients mitigate a sobering risk.

Posted: Jan 02, 2024

Meet Charles Symington, the New Big 'I' President & CEO

Charles Symington reflects on his first 100 days in office and outlines how the Big “I" can support members in the hard market and put them on a course toward growth and prosperity.

Posted: Jan 01, 2024

5 Trends Shaping the Independent Agency System

Charles Symington reflects on his first 100 days in office and outlines how the Big “I" can support members in the hard market and put them on a course toward growth and prosperity.

Posted: Jan 01, 2024

E&O, Territory Limitations and Stolen Truck Cargo

A U.S.-based trucking client's truck and cargo were stolen in Canada, but the carrier denied the claim due to a territorial exclusion. The loss happened "before the insured had a chance to read the policy."

Posted: Dec 28, 2023

New York Governor Vetoes Noncompete Agreement Ban

New York Gov. Kathy Hochul vetoed legislation that would have banned the use of noncompete agreements and potentially other forms of employment contracts in the Empire State.

Posted: Dec 27, 2023