IA Magazine

Tips for Selling Pet Insurance

More than 90 million families in the U.S. have a dog or cat. Yet only about 2% of pets are covered by insurance. See our tips for selling these valuable policies.

Posted: Aug 20, 2023

How the Non-Admitted Market Has Become a Core Part of Insurance Coverage

As many admitted carriers exit markets, limit coverage or increase rates, the E&S market is playing an increasingly important role in supporting clients and agents when finding coverage.

Posted: Aug 20, 2023

Front the Front Lines: Auto

"If you educate clients and help them understand the coverages that are needed—and not at just the minimum limits—they see the bigger picture," says independent agent Stephanie Ehman. "The gratefulness that they feel and express when you insure them...

Posted: Aug 20, 2023

Vehicle Registered in One State, Garaged in Another: Which Rates Apply?

An insured owns a vehicle that is registered in Florida but permanently garaged at his second home in Wisconsin, and does not want to retitle the vehicle in Wisconsin.

Posted: Aug 17, 2023

P&C Market to Remain Unprofitable Until 2025

The projection provides little solace after underwriting results deteriorated across the board for big personal lines carriers in the first half of 2023, prompting more carrier pullbacks.

Posted: Aug 16, 2023

Auto Insurance Shopping Up 12%

With the consumer price index for auto insurance rising 17%, shopping rates were driven by consumers searching for lower premiums, as well as an increase in new car sales.

Posted: Aug 16, 2023

Benefits and Challenges of Adopting InsurTech

In 2021, independent insurance agencies that were low and medium digital adopters grew their revenue an average of 10% year over year, but high digital adopters grew 17% year over year—a 70% higher growth rate than other agencies.

Posted: Aug 15, 2023

NOAA Revises 2023 Hurricane Outlook to ‘Above Normal’

NOAA forecasters are predicting 21 named storms, of which up to 11 could become hurricanes.

Posted: Aug 15, 2023

How to Effectively Sell Pet Insurance

Find out how selling pet insurance can grow your book, increase retention, boost cross-selling and more.

Posted: Aug 13, 2023

Chubb Launching First-of-Its-Kind Cancer Management and Advocacy Program

Cancer Advocate Plus is a first-of-its-kind cancer-specific, genetics-based insurance program that provides tools and resources for an individual to proactively understand their risk of cancer and more effectively manage a cancer diagnosis.

Posted: Aug 13, 2023

Choosing a Fixed- or Variable-Rate Loan When Financing a Growth Opportunity

If an opportunity is sound and its risk is manageable, taking on loan debt to finance it may be worthwhile.

Posted: Aug 13, 2023

The Drive Toward AI in the Commercial Auto Insurance Market

The use of technology continues to revolutionize most industries with improvements in artificial intelligence (AI) also having an impact on the trucking industry.

Posted: Aug 13, 2023

Chubb Launching First-of-Its-Kind Cancer Management and Advocacy Program

Cancer Advocate Plus is a first-of-its-kind cancer-specific, genetics-based insurance program that provides tools and resources for an individual to proactively understand their risk of cancer and more effectively manage a cancer diagnosis.

Posted: Aug 13, 2023

Choosing a Fixed- or Variable-Rate Loan When Financing a Growth Opportunity

If an opportunity is sound and its risk is manageable, taking on loan debt to finance it may be worthwhile.

Posted: Aug 13, 2023

Adding a Landlord as Loss Payee to Tenant’s Business Income Policy

An insured rents a commercial building with a rental contract that requires the building owner be listed as the loss payee on the loss of rents provision. What form would cover this?

Posted: Aug 10, 2023

Average Cost of a Data Breach Reaches All-Time High, says IBM Report

The global average breach cost reached $4.45 million, with detection and escalation the most expensive component—indicating a shift toward more extended and complex investigations.

Posted: Aug 09, 2023

4 Ways Insurance Agents Can Get the Most Out of LinkedIn

With its vast user base and powerful features, LinkedIn offers unparalleled opportunities to connect, engage and thrive.

Posted: Aug 08, 2023

5 Mid-Year Labor Market Trends

The 2023 labor market has economists, business leaders, and others scratching their heads as inflation rates, fuel prices and grocery prices decrease but tech, media, finance, and, retail organizations have announced thousands of layoffs.

Posted: Aug 08, 2023

Unleash the Sales Potential of Pet Insurance

About 70% of U.S. households have a dog or cat. Yet only about 2% of these pets are covered by insurance. Discover why that’s a big opportunity for you.

Posted: Aug 06, 2023

A Chaotic Commercial Auto Market Leaves a Seat for Agents

While underwriting losses have plagued the commercial auto insurance market for over a decade, the market is projected to continue to grow.

Posted: Aug 06, 2023

The Importance of Life Insurance for Middle-Class Clients During High Inflation

Most clients have never depended on a death benefit to cover their living expenses, and without seeing its importance firsthand, consumers often make life insurance the first cut or last purchase.

Posted: Aug 06, 2023

The Importance of Life Insurance for Middle-Class Clients During High Inflation

Most clients have never depended on a death benefit to cover their living expenses, and without seeing its importance firsthand, consumers often make life insurance the first cut or last purchase.

Posted: Aug 06, 2023

W.R. Berkley Partners with Talage and Semsee on Workplace Violence Coverage

The coverage offers business income, reward money for information leading to the capture of the perpetrator, a public relations consultant and a crisis manager.

Posted: Aug 06, 2023

W.R. Berkley Partners with Talage and Semsee on Workplace Violence Coverage

The coverage offers business income, reward money for information leading to the capture of the perpetrator, a public relations consultant and a crisis manager.

Posted: Aug 06, 2023

8 Tips to Survive the Hard Market

Independent agents across the country can highlight their value to clients by showing how committed they are to their clients through active communication.

Posted: Aug 02, 2023