IA Magazine
Cybercrime has skewed away from commoditizing personal information to pursuing more lucrative extortion methods against organizations of all sizes. As a result, cyber insurance has become an indispensable risk management tool.
Posted: Apr 04, 2021
While the National Flood Insurance Program remains the main source of standalone flood insurance in the U.S., the number of primary and excess private flood insurance options continue to grow, complementing this program.
Posted: Apr 04, 2021
Is the use of a homeowners policy to provide coverage on single-family home under construction, renovation or reconstruction common? What problems are presented by using homeowners instead of builders risk policies?
Posted: Apr 01, 2021
How the independent agent's role in commercial lines submissions is evolving and how, in many important ways, it will stay exactly the same.
Posted: Apr 01, 2021
How the independent agent's role in commercial lines submissions is evolving and how, in many important ways, it will stay exactly the same.
Posted: Apr 01, 2021
Today, FEMA issued notification of Risk Rating 2.0 program changes to the National Flood Insurance Program effective on October 1, 2021, the overall timeline for implementation of Risk Rating 2.0 and FEMA's expectations of NFIP insurers.
Posted: Mar 31, 2021
The conference will be held April 13-16, with daily programs beginning at 2 p.m. ET. Virtual atendees will hear from speakers including top leaders in Congress and FOX News’ Bill Hemmer, co-anchor of “America’s Newsroom.”
Posted: Mar 31, 2021
The drive to find more affordable coverage was amplified during 2020 as many consumers looked to trim expenses. This has stabilized in 2021 with a return to pre-pandemic trends in shopping and claims.
Posted: Mar 30, 2021
The drive to find more affordable coverage was amplified during 2020 as many consumers looked to trim expenses. This has stabilized in 2021 with a return to pre-pandemic trends in shopping and claims.
Posted: Mar 30, 2021
This is the strategy that helps producers collaborate with prospects by providing them insights with the goal of helping them make better, more informed decisions.
Posted: Mar 29, 2021
Coverage written on a claims-made basis require these letters poll the insured's key employees to inquire if they are aware of any incidences that qualify as or may lead to a claim. Here we discuss why.
Posted: Mar 28, 2021
"More businesses are open to the suggestion that they should carry environmental protection as a core coverage," says independent agent Bob Ryenolds. "Today, a wide array of businesses understand the importance of such coverage and that it's not broa...
Posted: Mar 28, 2021
For an agent looking to enter the environmental insurance market, here are four tips to ensure you provide the coverage your client needs.
Posted: Mar 28, 2021
With technology enhancements today, writing life insurance can be very productive, helping drive additional revenue from your current book of clients or create new opportunities altogether.
Posted: Mar 28, 2021
Coverage written on a claims-made basis require these letters poll the insured's key employees to inquire if they are aware of any incidences that qualify as or may lead to a claim. Here we discuss why.
Posted: Mar 28, 2021
With technology enhancements today, writing life insurance can be very productive, helping drive additional revenue from your current book of clients or create new opportunities altogether.
Posted: Mar 28, 2021
COVID-19 has shifted the business environment. Learn how to approach conversations about changing inland marine exposures.
Posted: Mar 28, 2021
"More businesses are open to the suggestion that they should carry environmental protection as a core coverage," says independent agent Bob Ryenolds. "Today, a wide array of businesses understand the importance of such coverage and that it's not broa...
Posted: Mar 28, 2021
The number of independent insurance agencies has remained stable and business conditions continue to improve, although at a slower rate than 2018, according to the 2020 Agency Universe Study.
Posted: Mar 28, 2021
A client has been very belligerent to agency staff throughout the years yet still stays with the agency. If the agency gives a 60-day notice, can it non-renew this client?
Posted: Mar 25, 2021
Big "I" members will have the opportunity to discuss issues such as small business tax fairness, future pandemic response, and more in virtual meetings with members of Congress.
Posted: Mar 24, 2021
"Organizations are increasingly willing to capture the data and hold leaders accountable for making real change," says Beth Riczko, president, property-casualty personal lines, Nationwide. "Data—and the discussion and action it engenders—is the light...
Posted: Mar 24, 2021
CNA revealed it sustained a cyberattack on Sunday evening which caused network disruption and impacted certain systems, including corporate email. Currently, it is not clear if the company’s data has been affected.
Posted: Mar 24, 2021
The Big “I" strongly supported congressional passage of the Paycheck Protection Program Extension Act, which the U.S. Senate passed earlier today. The bill now heads to President Biden's desk where he is expected to sign the bill into law.
Posted: Mar 24, 2021
The legislation attempts to reconcile federal law with conflicting cannabis-related state laws by providing a federal safe harbor to financial services providers including insurers, agents and brokers.
Posted: Mar 24, 2021