IA Magazine

Insurers Called to the White House in the Fight Against Cybercrime

President Joe Biden met with executives from the tech, insurance, finance and critical infrastructure sectors to discuss America's cybersecurity challenges and the need for a public-private partnership to “raise the bar on cybersecurity."

Posted: Aug 29, 2021

From the Front Lines: General Liability

"Our agency is 99% property-casualty and more than 60% of our business comes from commercial accounts," says indedendent agent Tony Arneson. "General liability coverage is the core of all those clients' business insurance portfolios."

Posted: Aug 29, 2021

Are Tax Stamps Valuable Papers or Money and Securities?

The underwriter says that tax stamps that go on tobacco packages are money and securities, even though they were previously insured as valuable papers.

Posted: Aug 26, 2021

House Democrats Pass $3.5 Trillion Budget Resolution

It is widely expected that Democrats will include provisions from President Biden's American Jobs Plan and the American Families Plan which include significant tax increases on both businesses and individuals.

Posted: Aug 25, 2021

Small Commercial Client: Satisfaction Declines, Interaction Insufficient

Small businesses had to work harder to get in touch with their agent in 2020, according to a study completed by J.D. Power. Nearly 1 in 3 clients said they had to exert a great deal of effort to interact with their agent, up from 10% a year ago.

Posted: Aug 25, 2021

Risk Rating 2.0: FEMA Issues Agent Guide and September Training Dates

The “Simple Guide for Single-Family Homes” gives agents easy access to Risk Rating 2.0 information needed when completing an NFIP flood insurance application.

Posted: Aug 25, 2021

3 Factors Buyers Look at in a Life Settlement

For seniors with changing financial needs, a life settlement is often less intrusive than selling a home or taking a large draw from a retirement account. Here are three factors life settlement buyers will take into account when valuing a policy.

Posted: Aug 24, 2021

Applied Epic® Transformation: Browser Version, Commercial Connectivity and Benefits

During the virtual conference, Applied revealed it has launched Applied Epic®, the new browser-native platform for agents, and has expanded Epic Quotes for Commercial Lines, creating a more efficient commercial lines quoting experience.

Posted: Aug 24, 2021

Building Inclusion Capacity: 3 Questions to Rethink Your Agency's Approach

So much to do, so much impact to make—where do you start? These three questions will help you define and reach success.

Posted: Aug 23, 2021

The Rich Opportunity of the Affluent Market

Located at the upper end of the middle class, affluent customers can benefit from the expert advice of an independent agent to protect their considerable assets. Here’s how to quote affluent customers.

Posted: Aug 22, 2021

Cyber Events and Equipment Breakdown

Protecting equipment against breakdown in the 21st Century must encompass protecting machinery against direct physical damage caused by cyber events.

Posted: Aug 22, 2021

Top 5 Causes of Workplace Accidents Cost Employers $40 Billion

Overexertion alone costs businesses $13.30 billion, according to the Liberty Mutual Workplace Safety Index.

Posted: Aug 22, 2021

Beazley Launches D&O Product Suite for SPACs

The products offer the clear wording and transparency needed for the unique characteristics of special purpose acquisition companies (SPACs).

Posted: Aug 22, 2021

Top 5 Causes of Workplace Accidents Cost Employers $40 Billion

Overexertion alone costs businesses $13.30 billion, according to the Liberty Mutual Workplace Safety Index.

Posted: Aug 22, 2021

How Workers Comp Trends Are Unevenly Impacting the Market

While pandemic-related claims and losses were reported, the overall financial impact of the pandemic has been manageable for the workers comp market. But a number of trends continue to evolve and uncertainty remains.

Posted: Aug 22, 2021

Cyber Events and Equipment Breakdown

Protecting equipment against breakdown in the 21st Century must encompass protecting machinery against direct physical damage caused by cyber events.

Posted: Aug 22, 2021

Company Auto Hits Personal Trailer: Is Coverage Excluded?

An insured back his LLC's auto into his parents' personal trailer. Because his parents are also LLC members, the carrier is denying coverage based on the care, custody or control exclusion.

Posted: Aug 19, 2021

Classic Car Insurance Provider Hagerty to Go Public in SPAC Deal

The deal will add Hagerty to a growing list of other insurance companies that went public via SPAC in the last year, including Hippo and Lemonade.

Posted: Aug 18, 2021

AM Best Ratings: P-C Insurer Upgrades, Downgrades Increase

AM Best rating actions for p-c carriers increased in the first half of 2021 with 10 upgrades and nine downgrades in the commercial lines segment and 16 upgrades and six downgrades in the personal lines segment .

Posted: Aug 18, 2021

Amount of AM Best Ratings Changes for P-C Insurers Increases

AM Best rating actions for p-c carriers increased in the first half of 2021 with 10 upgrades and nine downgrades in the commercial lines segment and 16 upgrades and six downgrades in the personal lines segment .

Posted: Aug 18, 2021

Help Small Business Clients Attract and Retain Top Hires Affordably

How can you help your small business clients recruit and retain top talent affordably in this challenging workforce and health insurance environment? By offering them an excepted benefits health insurance plan.

Posted: Aug 17, 2021

5 Things to Ask Yourself Before Giving Up on Email Marketing

Are you overwhelmed by trying to find the right content, subject lines, send time and platform? Before you throw in the towel, as yourself these five questions.

Posted: Aug 16, 2021

When Quoting Affluent Customers, Don’t Forget These 5 Coverages

Affluent customers need the ease, choice and expert advice that independent agents can provide. Offer these five coverages to help them protect their assets and offer peace of mind.

Posted: Aug 15, 2021

Marsh Partners with Amazon on Product Liability Insurance Network

Brokerage giant Marsh has partnered with Amazon on its new digital insurance network, Amazon Insurance Accelerator, helping small third-party sellers easily and affordably secure product liability insurance.

Posted: Aug 15, 2021

5 Way Agents Can Assist Homebuyers in the Current Market

Homebuyers can benefit from an independent agent's advice to keep their home offers grounded in reality, particularly in this competitive market. Here a five ways they can assist.

Posted: Aug 15, 2021