IA Magazine

Delayed Repairs and the ‘Delay, Loss of Use or Loss of Market Exclusion’

A client's commercial property suffered wind damage. Repair estimates were approved, but weather delayed the repair and the costs increased. The adjustor is denying the additional repair costs.

Posted: Mar 13, 2025

Most Ransomware Incidents Start With Compromised VPN Devices

VPNs and firewalls ranked as the first and fourth most exploited technologies for initial access in 2024, according to a Coalition report.

Posted: Mar 12, 2025

4 Things Employers Should Know About Gen Z Workers

What separates successful employers from their peers is how they tackle the new challenges and benefits brought by the newest generation of workers.

Posted: Mar 11, 2025

How Tax Planning Can Accelerate Agency Growth

Tax planning increases an agency's profitability without sacrificing critical assets like laying off staff or downgrading software.

Posted: Mar 11, 2025

Navigating the Auto Theft Surge: A Guide for Independent Agents

As car thefts become more frequent and sophisticated, independent agents play a crucial role in helping clients understand their risks and ensuring they have adequate coverage.

Posted: Mar 09, 2025

From the Front Lines: Long-Term Care

“We see challenges with LTC (long-term care) adoption rates,” says independent agent Kelly Augspurger. “In my opinion, it's an awareness and education issue because people don't know what they don't know.”

Posted: Mar 09, 2025

3 Commercial Property Trends to Watch in 2025

There are signs of stabilization in the property market, with ample capacity available following favorable underwriting results on the insurance and reinsurance side.

Posted: Mar 09, 2025

Gallagher Acquires Woodruff Sawyer for $1.2 Billion

The deal is expected to close in the second quarter of 2025 and will continue to strengthen Gallagher's middle-market reach.

Posted: Mar 04, 2025

Liberty Mutual to Retire Safeco Brand in 2026

Liberty Mutual Insurance, the sixth-largest personal insurance provider in the U.S., will market and sell all of its personal lines products solely under the Liberty Mutual brand starting in 2026.

Posted: Mar 03, 2025

Why Crop Insurance Is Essential to Protect Against Unpredictable Weather-Related Losses

Extreme weather events continue to present difficulties in the agricultural sector, and farmers are finding themselves in dire financial straits and at risk of losing their livelihood.

Posted: Mar 02, 2025

How Agents Can Explain the Importance of Crop Insurance Coverage to Clients

Farmers face making increasingly difficult, complicated decisions when it comes to choosing from complex insurance products. This is where independent agents can help.

Posted: Mar 02, 2025

Creating a Holistic Financial Plan for Dual-Income Households

Among married-couple families in 2023, both spouses were employed in nearly 50% of families, according to the U.S. Bureau of Labor Statistics. Here are three considerations for serving dual-income households.

Posted: Mar 02, 2025

Navigating Risks: The Crucial Role of Insurance Agents in Today’s Market

Leveraging expertise to provide comprehensive protection and improve customer retention.

Posted: Mar 02, 2025

Agency Nation Meets: Bobbie Collies

Bobbie Collies is the chief insurance officer at Coterie Insurance and a passionate servant leader who loves to help drive strategy and execution.

Posted: Feb 28, 2025

How Often Should AMS Data Backups Occur?

How should an agency prepare for an agency management system (AMS) being down for an extended period of time, such as after a catastrophe or cyberattack?

Posted: Feb 27, 2025

P&C Industry Results Improve Despite 2024 Underwriting Loss

​U.S. property & casualty insurers posted an underwriting loss of $2.6 billion for 2024, a significant improvement from the $24.6 billion underwriting loss recorded in 2023, according to AM Best.

Posted: Feb 25, 2025

6 Ways AI Can Help Insurance Agents During the Policy Lifecycle

Artificial intelligence (AI) is transforming how independent agents operate, freeing agents to focus on meaningful client conversations and strategic advice.

Posted: Feb 25, 2025

9 Things Every Agency Should Review on Its Website

Your website is more than a page on the internet—it’s your digital front door, the first impression many prospective clients have of your business.

Posted: Feb 25, 2025

How to Explain the Homeowners Market to Your Clients

As homeowners premiums increase agents can help create understanding through education on why costs are up and what coverage options are available for their clients.

Posted: Feb 23, 2025

K&K Insurance Launch Specialized Program for Media Productions

The program includes a suite of commercial inland marine and general liability products, as well as additional optional coverages to meet unique exposures within the entertainment space.

Posted: Feb 23, 2025

Why Agencies Are Paying More for E&O Coverage at Renewal

Seventy-three percent of independent insurance agencies saw an increase in their agency errors & omissions renewal premium in 2024.

Posted: Feb 23, 2025

4 Ways Agents Can Add Value for Customers in Today’s Market

Four strategies agents can use to enhance coverage and build trust.

Posted: Feb 23, 2025

How to Fulfill a State Requirement of $1 Million Limit on Damages to Rented Premises Coverage

A general contractor in New York is being required by a state authority to have $1 million limit for coverage for damages to rented premises. The commercial general liability (CGL) carrier can only issue a maximum of $300,000.

Posted: Feb 20, 2025

Half of Midsize Businesses Feel Unprepared for Risks, Says Nationwide Survey

More than three-quarters of midsize business owners say evolving regulatory and safety standards have had an impact on their risk management needs, the survey found.

Posted: Feb 19, 2025

Dream Team: Selling Your Agency With Your Team Top of Mind

A thriving team can be the key to a smooth and successful transition during an acquisition, engaging with new leadership and contributing to the long-term success of the business.

Posted: Feb 18, 2025