IA Magazine

4 Strategies to Help Accountants Avoid E&O Claims During Tax Season

There are myriad of issues that can lead to a claim against accountants, including missed filing deadlines and disputes over fees and billing, where E&O coverage provides the necessary protection.

Posted: Jan 22, 2023

3 Cyber Insurance Trends That Agents Need to Know for 2023

Today, companies are more aware of their cyber risk and are looking at the insurance market to mitigate that risk.

Posted: Jan 22, 2023

3 Cyber Insurance Trends That Agents Need to Know for 2023

Today, companies are more aware of their cyber risk and are looking at the insurance market to mitigate that risk.

Posted: Jan 22, 2023

Is Nonprofit’s Copyright Infringement Excluded from CGL Advertising Definition?

A nonprofit organization used a copyrighted picture without permission, and the owner demands payment. The carrier says the use doesn't fall under advertising because the nonprofit isn't selling anything.

Posted: Jan 19, 2023

Court Reverses Geico Order to Pay $5.2 Million to Passenger Who Caught STD in Car

The Missouri Supreme Court ruled that, because the insurer was not given the opportunity to intervene in the case before judgement was entered, the earlier court ruling should be vacated.

Posted: Jan 18, 2023

Only 2% of California Homeowners Have Flood Insurance

One of the top reasons Americans don't purchase flood insurance is because they mistakenly believe they are already protected.

Posted: Jan 18, 2023

3 Exit Strategies for Agency Owners in 2023

Determining when and how to transition a business is never an easy decision, but more models exist today that match a variety of circumstances.

Posted: Jan 17, 2023

Agency Nation Meets: Olivia Schmitt

In a new monthly column, get to know insurance fangirl Olivia Schmitt.

Posted: Jan 17, 2023

Agency Nation Meets: Olivia Schmitt

In a new monthly column, get to know insurance fangirl Olivia Schmitt.

Posted: Jan 17, 2023

Triple Net Lease: Including a Building Owner in a Tenant’s Insurance

An insured is responsible for insuring a building under the terms of their triple net lease with the building owner. What is the best way to structure the building owner's interest on our insured's policy?

Posted: Jan 12, 2023

Insurance M&A Activity Slowed in 2022 but Still the Second Highest Year on Record

Despite various economic and political challenges, the number of mergers & acquisitions deals in 2022 meant it was the second-most active year in history.

Posted: Jan 11, 2023

New Video Spotlights Trusted Choice® Relief Fund Assistance

John Costello, Big “I" chairman, and Bob Rusbuldt, Big “I" president and CEO visit member grant recipients rebuilding after Hurricane Ian.

Posted: Jan 11, 2023

House Passes Bill to Cut IRS Funding

The legislation, which passed on partisan lines, was the House Republicans’ first major bill of the year and was one of their top campaign issues throughout the midterms.

Posted: Jan 11, 2023

Financing Insurance Agency Expansion with Debt or Equity?

In the current environment of rising interest rates, it might be tempting to assume equity is the better choice, but many considerations say otherwise.

Posted: Jan 10, 2023

4 Ways Insurance Can Adapt to the New Work Landscape

In the wake of changing attitudes, norms and expectations, here are four things the insurance industry can do to meet new challenges and to better cater to the human needs of their customers.

Posted: Jan 10, 2023

4 Steps to Make Sure Homeowners Have the Right Type of Insurance

Over half (59%) of homeowners are concerned their insurance coverage is insufficient due to inflation and rising replacement costs.

Posted: Jan 08, 2023

4 Steps to Make Sure Homeowners Have the Right Type of Insurance

Over half (59%) of homeowners are concerned their insurance coverage is insufficient due to inflation and rising replacement costs.

Posted: Jan 08, 2023

Cowbell Unveils Adaptive Cyber Insurance

Cowbell offers a portfolio of cyber policies including coverage for businesses with revenue from up to $100 million to up to $250 million.

Posted: Jan 08, 2023

Cowbell Unveils Adaptive Cyber Insurance

Cowbell offers a portfolio of cyber policies including coverage for businesses with revenue from up to $100 million to up to $250 million.

Posted: Jan 08, 2023

How Changing Cyber Threats Are Impacting the E&O Market

The coronavirus pandemic played a dramatic role in the acceleration of technology in companies leading underwriters to scrutinize businesses' exposures and the safeguards they have in place against increasing threats.

Posted: Jan 08, 2023

How Changing Cyber Threats Are Impacting the E&O Market

The coronavirus pandemic played a dramatic role in the acceleration of technology in companies leading underwriters to scrutinize businesses' exposures and the safeguards they have in place against increasing threats.

Posted: Jan 08, 2023

From The Front Lines: Personal Auto

"Rising claim costs have led to rate increases around the country," says independent agent Kyle Fox. "This is due to both the increased cost of manufacturing complex parts and the technical specialization needed to service and repair them."

Posted: Jan 08, 2023

From The Front Lines: Personal Auto

"Rising claim costs have led to rate increases around the country," says independent agent Kyle Fox. "This is due to both the increased cost of manufacturing complex parts and the technical specialization needed to service and repair them."

Posted: Jan 08, 2023

Hasten the Pace: How Digital Underwriting Improves Customer Experience

Here are three ways digital underwriting trends can impact the service agents provide their clients.

Posted: Jan 08, 2023

2022 InsurPac Fundraising Sets a New Record

InsurPac, the Big “I” political action committee (PAC) and one of the largest small business PACs in the country raised $1,265,798 during the 2022 calendar year.

Posted: Jan 04, 2023