IA Magazine

Does Your Producer Need a Mentor, Trainer, Coach or Manager?

It's important for agencies to develop resources to help producers thrive, minimize the risk of producer underperformance and protect the investment made with each new hire.

Posted: Aug 23, 2022

What Employers Need to Understand About Benefits Packages and Employees

In efforts to attract and retain workers, employers are looking for solutions, including raising salaries, offering sign-on bonuses, hybrid work options and improved benefits packages.

Posted: Aug 21, 2022

How do Agents Advise Clients who Become Consultants?

As more professionals consider providing consulting services, agents can assist them in understanding the accompanying insurance exposure.

Posted: Aug 21, 2022

Workers Comp Program for High-Severity Exposures Available In 11 States

Adroit's new policy provides coverage for larger mid-market employers with high-severity workers compensation exposures.

Posted: Aug 21, 2022

Workers Comp Program for High-Severity Exposures Available In 11 States

Adroit's new policy provides coverage for larger mid-market employers with high-severity workers compensation exposures.

Posted: Aug 21, 2022

How do Agents Advise Clients who Become Consultants?

As more professionals consider providing consulting services, agents can assist them in understanding the accompanying insurance exposure.

Posted: Aug 21, 2022

5 Ways to Protect Your Clients as Housing Costs Rise

Are your clients’ homes properly insured? Rising costs are impacting coverages and premiums. Here’s how to safeguard your clients.

Posted: Aug 21, 2022

Does Your Client Need Inland Marine Insurance?

Business owners face numerous risks that often require high-quality, dependable inland marine insurance—whether their risks are onsite, off-site, in transit or under construction.

Posted: Aug 21, 2022

Car Crashes into Commercial Building: ACV or Replacement Cost?

Should the carrier pay the third-party claimant actual cash value (ACV) costs based on case law even if there’s nothing mentioned in the policy language?

Posted: Aug 18, 2022

Applied Systems Acquires Tarmika

The acquisition expands Applied's commercial quoting and Ivans' distribution connectivity solutions to create a more valuable and digital distribution experience.

Posted: Aug 17, 2022

Register for ITC Vegas 2022

Register now to attend the world’s largest InsurTech event in Las Vegas, Sept. 20-22.

Posted: Aug 17, 2022

Agency Compensation: 7 Strategy-Defining Terms Explained

Here are seven definitions and examples of compensation terms thrown around that are crucial to your agency's retention and hiring strategy.

Posted: Aug 17, 2022

Is Your Agency Ready for the Great Wealth Transfer?

With a cumulative wealth of $71 trillion, the baby boomer generation is the wealthiest living generation with more money to leave their children and grandchildren than any generation before them.

Posted: Aug 16, 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

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

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

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

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

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