IA Magazine

Personal, Commercial Lines Composite Rates Moderate in Second Quarter

​While the composite rates for both commercial and personal lines decreased overall at second quarter 2021, all segments experienced rate increases.

Posted: Jul 07, 2021

House Passes Transportation Bill with Big ‘I’ Supported Safety Provision

If enacted, the legislation would spend $547 billion over 5 years on surface transportation and include the Big "I" supported “Hot Cars Act” which requires all new cars to be equipped with a driver alert detection system.

Posted: Jul 07, 2021

3 Ways to Make Your Brand More Authentic

More than ever, insurance needs to embrace brand authenticity to win the trust and loyalty of customers across all demographics. Here are three ways to make your brand more authentic.

Posted: Jul 06, 2021

Going Places: Meet Young Agent Patience Noah

The industry's biggest challenge is "the mystery that comes with insurance," says Patience Noah, independent agent. "We need to help younger generations become interested, because let's be honest, we need to prepare the next generation."

Posted: Jul 05, 2021

Fast Forward: Catch Up with Young Agent Matthew Washburn

Leaning into technology "was a saving grace during the pandemic," says Matthew Washburn, independent agent. "I don't even know how we could have managed without that preparation."

Posted: Jul 05, 2021

Does a Sauna and Float Therapy Studio Need Professional Liability Coverage?

The agent submitted an application for professional liability, but was told by the underwriter that saunas and float tanks are operations hazards and therefore do not have professional liability exposure.

Posted: Jul 01, 2021

Going Places: 5 Young Agents on How They’re Taking the Industry and Running with It

Learn what these millennials and Gen Zers have to say about where the industry is headed—and how they fit into it.

Posted: Jul 01, 2021

Some in Congress Push for Delay of Risk Rating 2.0

In recent months, several members of Congress have expressed concerns about the implementation of FEMA's new pricing methodology, Risk Rating 2.0, with some going as far as to push for a delay of the program's implementation.

Posted: Jun 30, 2021

Crop Insurance Highlighted in House Hearing

In a hearing, the U.S. House Agriculture Committee Subcommittee on General Farm Commodities and Risk Management examined farm safety net programs, of which agents play a crucial role, and their true benefits to the farming community.

Posted: Jun 30, 2021

1 in 3 Americans Admit to Barbecuing Drunk

As Americans gear up to host barbecues once again this summer, many aren’t doing enough to reduce grilling-related hazards and injuries. Here are some grilling safety tips to share with your clients.

Posted: Jun 29, 2021

3 Reasons Producer Validation Rates Are So Low

Agencies can improve producer success by focusing on technical training, specialization and mentoring.

Posted: Jun 28, 2021

Help Boaters Fully Protect Their Fun in the Sun

Independent agents are uniquely positioned to help boaters protect their favorite hobby. Here are five questions to ask to help you properly insure boat owners.

Posted: Jun 27, 2021

Most Common Homeowners Insurance Blind Spots

One in 3 Americans are unsure about what their insurance policies cover, according to a survey from The Hanover Insurance Group.

Posted: Jun 27, 2021

Mid-Year Commercial P-C Outlook: Hard Market Pressure Continues

Despite rate increases, capacity reductions and underwriting scrutiny, businesses can take major steps to significantly improve their risk profiles and manage costs.

Posted: Jun 27, 2021

From the Front Lines: Surety

"I've always admired the construction industry, the industry that, with its blood, sweat and tears, physically builds the world in which we live and makes it a better place," says independent agent Ben Dycus. "To have the opportunity to provide valua...

Posted: Jun 27, 2021

The Hanover Adds Motorcycle Insurance

The product offers motorcycle coverage for touring bikes, cruisers, sport bikes, scooters, motorcycle cargo, transport trailers and more.

Posted: Jun 27, 2021

How the Surety Market Has Weathered the COVID-19 Storm

While the market remains extremely soft with ample capacity and positive growth projections through 2027, things may not be as rosy as they seem.

Posted: Jun 27, 2021

Are E-Bikes Considered a ‘Motor Vehicle’ on a Homeowners Policy?

If e-bikes are considered vehicles, and liability is excluded from homeowners policies, is there an ISO homeowners endorsement that provides both liability and physical damage coverage?

Posted: Jun 24, 2021

Big ‘I’ Advocates Against Small Business Tax Deduction Changes

In a letter, the Big “I” and other organizations noted strong opposition to any reductions or repeal of the 20% deduction for qualified business income under Section 199A, including phasing out the deduction above certain income thresholds.

Posted: Jun 23, 2021

FEMA Announces July Dates for Risk Rating 2.0 Agent Webinars

The Risk Rating 2.0 - Equity in Action webinars are designed specifically for insurance agents and are free to attend.

Posted: Jun 23, 2021

15 Digital Capabilities to Help Your Agency Grow

Drawn from the findings of the Rise of the Digital Insurance Agency report, the interactive framework explores 15 digital capabilities that can help an agency grow and become an Agent for the Future.

Posted: Jun 22, 2021

7 Major Carriers Form Company to Tackle Cyber Risk

The new entity, called CyberAcuView, will compile and analyze cyber-related data to enhance value and service to policyholders and help insurers sustain a competitive market for cyber insurance.

Posted: Jun 22, 2021

Will Cyber Liability Be an Insurable Risk in 10 Years?

The cyber liability market will continue to grow organically as insureds decide to increase their current cyber limits and many more look to buy cyber for the first time.

Posted: Jun 20, 2021

3 Ways to Add to Your Client and Carrier Relationships with Surety

Agents can play a central role in identifying carriers and matching their surety appetite to their clients. Here are three ways agents can add value with surety.

Posted: Jun 20, 2021

Talk InsurTech at ITC Vegas

Attend the world’s largest InsurTech event in Las Vegas, Oct. 4-6.

Posted: Jun 20, 2021