IA Magazine

Most-Read Online Articles in Independent Agent in 2023

2023 was a rough one for the property & casualty industry.

Posted: Dec 26, 2023

Challenges and Opportunities Owners Face When Selling an Agency

Being a seller in today’s mergers & acquisition market provides owners with a tremendous chance to cash in on their greatest financial asset.

Posted: Dec 26, 2023

Is 3rd Party Damage Due to Mechanical Failure Excluded from a PAP?

A client had car trouble and pulled into a private drive to investigate. The car leaked transmission fluid onto the driveway, but the carrier denied coverage for the damage.

Posted: Dec 21, 2023

It’s Time to Review Your Employee Handbook

Handbooks are legal documents, so you need to be sure that yours is compliant, up to date and matches your workplace practices.

Posted: Dec 19, 2023

Aon to Buy NFP in Deal Worth $13.4 Billion

The acquisition will enhance Aon's presence in the large and fast-growing middle-market segment and add new capabilities to its arsenal.

Posted: Dec 19, 2023

Home Alone: Would Homeowners Insurance Cover Kevin’s Damage?

Here’s what it would have cost the McCallisters to leave Kevin behind for Christmas in the 1990 holiday classic "Home Alone."

Posted: Dec 19, 2023

Agency Leadership Lessons From ‘Toy Story’ Creator

Ed Catmull, cofounder of Pixar, recently shared three pillars of success that are foundational for business performance and longevity.

Posted: Dec 19, 2023

It’s Off-Roading Season—Do Your Customers Know They Need Coverage?

Snowmobiles, ATVs and other off-road vehicles get an uptick in sales in the fall and winter. Here are the top four mistakes customers make when thinking about insuring them.

Posted: Dec 17, 2023

Emergency Over? The Special Events Insurance Market in the Post-COVID-19 World

Since the federal COVID-19 public health emergency was declared officially over in May 2023, special events insurance coverage for small events, such as weddings, bar mitzvahs, and fun runs has returned to the way things used to be.

Posted: Dec 17, 2023

Emergency Over? The Special Events Insurance Market in the Post-COVID-19 World

Since the federal COVID-19 public health emergency was declared officially over in May 2023, special events insurance coverage for small events, such as weddings, bar mitzvahs, and fun runs has returned to the way things used to be.

Posted: Dec 17, 2023

Mercury Unveils All-New Personal Umbrella Policy

The recent trend of rising liability injury claims for home and auto owners that exceed traditional policy limits has moved Mercury to unveil an all-new personal umbrella insurance policy.

Posted: Dec 17, 2023

Mercury Unveils All-New Personal Umbrella Policy

The recent trend of rising liability injury claims for home and auto owners that exceed traditional policy limits has moved Mercury to unveil an all-new personal umbrella insurance policy.

Posted: Dec 17, 2023

Casualty E&S Insurance Market: Growth and Loss Remain Focal Points

In 2024, expect carriers to continue to be aggressive on new business while more conservative on renewals.

Posted: Dec 17, 2023

Casualty E&S Insurance Market: Growth and Loss Remain Focal Points

In 2024, expect carriers to continue to be aggressive on new business while more conservative on renewals.

Posted: Dec 17, 2023

What Is the Limitation to Designated Premises Endorsement?

A carrier is adding the 1998 version of the ISO form CG 21 44 Limitation to Designated Premises endorsement to all policies on habitational or rental properties with more than one location.

Posted: Dec 14, 2023

Corporate Transparency Act to Cost Small Businesses $23 Billion

The Big “I" was successful in securing an exemption for independent agents from the Act by showing that insurance producers already provide this beneficial ownership information to state regulators

Posted: Dec 13, 2023

‘Lower Costs, More Transparency Act’ Passes the House

The Act aims to enhance price transparency within the healthcare system, fostering informed decision making for patients and employers.

Posted: Dec 13, 2023

Why Creating a Memorable Brand Can Elevate Your Insurance Agency

Within 90 seconds, a person makes a subconscious judgment about your agency, so you need to carefully plan your branding approach.

Posted: Dec 12, 2023

Liberty Mutual and Safeco Insurance Honor ‘Outstanding’ Big ‘I’ Members

Four Big “I" members were recognized for implementing cutting-edge technology, investing in recruiting and training top talent, and finding creative ways to position their agencies for long-term growth.

Posted: Dec 12, 2023

Nearly 70% of Americans Are Reviewing Their Insurance Policies

As many as 46% of Americans have considered or have already taken a higher deductible to save money on insurance while 22% have considered going uninsured to save money.

Posted: Dec 12, 2023

4 Common Mistakes Customers Make With Off-Road Vehicle Insurance

Off-roading season is here, so many customers will need off-road vehicle coverage. The problem is they often don’t know they need it. Here’s how to help them understand why they do.

Posted: Dec 10, 2023

Strategies to Retain Personal Auto Clients in a Hard Market

Central to building a long-lasting relationship with personal auto clients is effectively communicating what is happening in the marketplace and discussing what could potentially be coming down the pike.

Posted: Dec 10, 2023

AmTrust Introduces Admitted Lawyers Professional Liability

The admitted lawyers professional liability policy form includes built-in subpoena coverage and built-in pre-claim assistance, as well as an enhanced ERISA exclusion.

Posted: Dec 10, 2023

What Does ‘Instant Issue Bond’ Really Mean?

There are hundreds of surety bonds with no underwriting criteria that are categorized as “instant issue." Insurance agents can obtain these with relative ease from pretty much any provider.

Posted: Dec 10, 2023

What Does ‘Instant Issue Bond’ Really Mean?

There are hundreds of surety bonds with no underwriting criteria that are categorized as “instant issue." Insurance agents can obtain these with relative ease from pretty much any provider.

Posted: Dec 10, 2023