IA Magazine

Making the Case for Inland Marine Insurance

Business owners may not realize that a standard property policy may not be enough for all their property-related risks. These five questions can help clients recognize inland marine exposures.

Posted: Aug 14, 2022

Are Your Clients’ Homes Properly Insured? 5 Factors to Consider

How to protect your home insurance clients against price fluctuations, labor and supply shortages, and human error.

Posted: Aug 14, 2022

3 Ways to Protect the Fast-Evolving Restaurant Industry

As the restaurant industry rebounds, the creative ways restaurateurs used to sustain revenue during the coronavirus pandemic may be opening them up to new exposures.

Posted: Aug 14, 2022

Chubb Introduces Next Generation Suite of Financial Institution Bonds

The suite has been designed to provide financial fidelity insurance solutions that complement a financial institution's management and professional liability program.

Posted: Aug 14, 2022

Why You Should Offer to Insure Properties to Value

Over the past decade, it is estimated that 60% of residential homes are undervalued by roughly 15%-20%—and that was before the recent explosion in construction costs.

Posted: Aug 14, 2022

Should the Carrier Pay for Repair or Replacement of a Wind-Damaged Roof?

A windstorm blew some shingles off a wood shake roof, but due to the roof's age, repairing the damage would do more damage to the existing shingles.

Posted: Aug 11, 2022

2022 Agency Growth Survey: Fastest-Growing Agencies More Likely to Focus on DE&I

Building and maintaining healthy workplace cultures takes work, and the fastest growing agencies are those most likely to be taking steps to improve their agency's culture.

Posted: Aug 10, 2022

Big 'I' Asks for Delay with Medicare Recording Requirement Set to Take Effect October 1

The new requirement is overly broad and includes individual agents and brokers, who will now be subject to two new requirements.

Posted: Aug 10, 2022

FEMA Requests Information About New Direct to Customer Initiative

Big “I” staff met with FEMA as part of the Flood Insurance Producer National Committee (FIPNC) to express concern with the new Direct to Customer Initiative proposal.

Posted: Aug 10, 2022

Senate Democrats Pass Tax, Healthcare and Energy Package

The legislation now heads to the U.S. House of Representatives where they are scheduled to vote on the package tomorrow.

Posted: Aug 10, 2022

7 Ways to Recession-Proof Your Agency

As talk of a recession accelerates, here are seven ways to keep you, your employees, your agency, and your insureds safe from any economic downturn.

Posted: Aug 09, 2022

Big ‘I’ Releases 2022 Market Share Report

This year's report points to independent agencies' dominance in commercial lines with nearly 88% of all commercial lines written premium placed by the independent agency channel.

Posted: Aug 09, 2022

How to Talk to Your Clients About Rising Homeowners Premiums

As building costs rise, it’s important to educate your customers about insurance coverages. Here are five topics to cover.

Posted: Aug 07, 2022

The Most Expensive Cost of Inland Marine Insurance? Not Having Any

An increasing number of businesses of all sizes need inland marine insurance to address specialized property risks. These scenarios can help clients understand the importance of this coverage.

Posted: Aug 07, 2022

Too Many Lawsuits to Ignore: DE&I and Your D&O, EPLI and E&O Clients

Directors & officers, employment practices liability insurance and errors & omissions clients are leaving a huge risk exposed if they don't reckon with DE&I.

Posted: Aug 07, 2022

Sentry Insurance to Offer Golf Course Coverage

The new coverage offers specialized insurance to protect against unique golf course risks such as golf and tennis pro professional liability; trees, shrubs, and plant coverage, and more.

Posted: Aug 07, 2022

Pivoting Restaurant Owners Continue to Face Challenges

While restaurateurs continue to deal with industry changes that emerged during the pandemic, they now also face a rapidly changing competitive landscape.

Posted: Aug 07, 2022

Pivoting Restaurant Owners Continue to Face Challenges

While restaurateurs continue to deal with industry changes that emerged during the pandemic, they now also face a rapidly changing competitive landscape.

Posted: Aug 07, 2022

Washington State Judge Overturns Credit Scoring Ban

The decision is a victory for the Independent Insurance Agents & Brokers of Washington (IIABW) and other insurance associations.

Posted: Aug 03, 2022

Global Insured CAT Losses Down 31.6% in H1 2022

While major CAT losses may be down in the first half of 2022, the second half of the year could bring further challenges.

Posted: Aug 02, 2022

4 Steps to Drive Insurance Leads Through LinkedIn

To reach the right audiences for your business needs, setting up a robust profile and developing applicable campaigns are key.

Posted: Aug 02, 2022

How to Connect with Diverse Communities and Win Their Business

It’s increasingly likely that your next prospect won’t look like you. So, if you don't take steps to change alongside your community, you could be missing out on business new opportunities.

Posted: Aug 01, 2022