IA Magazine

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

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

Brick by Brick: Replacement Cost, Commercial Property and the Hard Market

The hard market, inflation and a host of other factors are making it increasingly difficult to accurately determine replacement cost for commercial property insurance.

Posted: Aug 02, 2023

4 Ways the Cost of Doing 'Business As Usual' Could Be Hurting Your Agency

The hard market, inflation and a host of other factors are making it increasingly difficult to accurately determine replacement cost for commercial property insurance.

Posted: Aug 02, 2023

Why You Should Use Your Agency’s Valuation as a Business Planning Tool

A valuation report will provide a comprehensive view of your agency including the true, fair market value.

Posted: Aug 01, 2023

Top 5 Most-Read Articles in Independent Agent in July

Another big carrier exit caught headlines, but the Hard Market Toolkit from Trusted Choice® provided resources for independent agencies to navigate this market and to effectively communicate with clients.

Posted: Aug 01, 2023

Insurance Agency M&A Deals Decline in H1 2023

Higher interest rates and uncertain economic conditions continue to limit deals, according to OPTIS Partners.

Posted: Jul 30, 2023

Get to Know Your Underwriters

Independent agents know how to build relationships—just be sure to add underwriters to your networking list. Here are four tips for nurturing these connections.

Posted: Jul 30, 2023

CompScience Launches AI-Powered Workers Comp Product Backed by Nationwide and Swiss Re

CompScience reduces workers comp insurance costs for businesses by limiting the probability of injuries.

Posted: Jul 30, 2023

From The Front Lines: Aviation

"There’s been over five consecutive years of underwriting losses in the aviation insurance market," says independent agent Tim Bonnell Jr. "Premiums have been increasing and underwriting has been stricter."

Posted: Jul 30, 2023

Risk Mitigation for Highway Work Zones

Agents can work with contractor and subcontractor clients to help them better understand the steps needed to lower risk on the job site.

Posted: Jul 30, 2023

Removing Separated Spouse from PAP

An insured is separated from her husband and wants to stop paying the premium for the vehicle he drives. If an accident were to occur, would she be liable for anything pertaining to the policy or accident?

Posted: Jul 27, 2023

Big ‘I’ Releases 2023 Market Share Report

The independent agency channel is holding ground and making slow, steady gains in lines of business penetration, including homeowners.

Posted: Jul 25, 2023

4 Tips for Working With Underwriters

Want to grow your business? Start cultivating relationships with underwriters. Check out four tips for building these relationships.

Posted: Jul 23, 2023

3 Areas to Educate Architects and Engineers About Professional Liability Insurance

In an evolving marketplace and increasingly litigious environment, educating A&E clients about purchasing professional liability coverage is particularly important.

Posted: Jul 23, 2023

RPS Launches Artisan Contractors Product With Markel

The product offers general liability coverage for a range of small artisan contractors, both commercial and residential, and also includes subcontracted work.

Posted: Jul 23, 2023

Workers Comp Challenges Explained: Complex Claims and Recession-Based Risks

These two factors could lead to higher experience modifications and increase premiums going forward.

Posted: Jul 23, 2023

Workers Comp Challenges Explained: Complex Claims and Recession-Based Risks

These two factors could lead to higher experience modifications and increase premiums going forward.

Posted: Jul 23, 2023

What Is an ‘Act of God’ and Is It Excluded from a CGL?

A barge service was installing a boat lift for a client when the wind shifted directions and pushed the barge into another dock, causing $6,000 in property damage. The carrier is denying coverage because the boat was moved by the wind.

Posted: Jul 20, 2023