IA Magazine

The Hanover Offering Targets Asset Managers, Depositories

The Hanover Financial Institutions Advantage suite helps clients protect their operations and manage financial and reputational risk.

Posted: May 31, 2020

Contaminated Property: Is the Coronavirus a Pollutant?

Pollutants include substances which are generally recognized in the industry or by the government to be harmful or toxic to persons, property or the environment.

Posted: May 28, 2020

Big ‘I’ Advocates for Liability Protections

The Big “I” joined a number of business organizations in signing a letter sent to all members of Congress on the need to enact temporary and targeted liability protections.

Posted: May 27, 2020

Big ‘I’ Advocates for Small Businesses as PPP Takes Center Stage

As Congress and the Trump administration continue to look for ways to help the economy rebound from the COVID-19 pandemic, the Big “I” is continuing to advocate for legislation that will help independent agencies across the country.

Posted: May 27, 2020

Pandemic Risk Insurance Act Introduced in House

The legislation would create a federal backstop to prevent economic losses from future pandemics, with the government sharing the burden alongside the insurance industry.

Posted: May 27, 2020

Back to Business: Will Your Clients Return?

Here are eight ways to reaffirm relationships with existing clients and build new ones with prospects.

Posted: May 26, 2020

Charity During COVID: Independent Agents Build on Community Emphasis

With high levels of community involvement even before the coronavirus pandemic, many independent insurance agents are the first to meet their community’s needs caused by a crisis.

Posted: May 25, 2020

Should Agencies Offer Business Reopening Advice?

An agency has several clients that are nonprofit private swimming pool clubs looking to them for help to best reopen safely, including with waivers and standard procedures.

Posted: May 21, 2020

Big ‘I’ Announces Support for Business Continuity Protection Program

The program is designed to bolster the country’s economic resilience by providing timely and efficient financial protection and payroll support to the private sector in the event of a future declared public health emergency.

Posted: May 20, 2020

National Flood Conference Set to Take Place Virtually

Instead of an in-person event, the 2020 National Flood Conference will take place virtually via webinar June 1-3. Attendance is free of charge.

Posted: May 20, 2020

Pandemic Risk Insurance Act to Be Introduced in House

The bill is modeled on the Terrorism Risk Insurance Act (TRIA), which was created in the aftermath of the 9/11 terrorist attacks.

Posted: May 20, 2020

Student of the Industry: Who Writes D&O and How Much Premium Is There?

Directors & officers insurance certainly has been in the press recently—boards of directors are concerned over price increases and their exposure to lawsuits related to COVID-19.

Posted: May 19, 2020

Roads are Safer, But Far from Safe

Traffic accidents have decreased with fewer cars on the road during the coronavirus pandemic, but speeding, negligent driving and pedestrian activity are on the rise.

Posted: May 18, 2020

Roads Are Safer, But Far from Safe

Traffic accidents have decreased with fewer cars on the road during the coronavirus pandemic, but speeding, negligent driving and pedestrian activity are on the rise.

Posted: May 18, 2020

Why the Client Experience is Key in Personal Marine Sales

If an agent wants to put their personal marine book in the windward direction, they need to know their starboard from their port.

Posted: May 17, 2020

Why Flood Awareness Is Paramount During the Coronavirus Pandemic

During the COVID-19 crisis, communities must consider the real possibility of facing multiple and concurrent disasters.

Posted: May 17, 2020

4 Trends Shaping the Collector Car Market

How are younger buyers shaping the collector car market? How will prices shift in the coming years? Here’s what you need to know.

Posted: May 17, 2020

From the Front Lines: Personal Marine

Looking toward future personal marine trends, the market "will continue to get harder," says Patrick Kudlich, independent agent, and it "will only continue to get harder as natural disasters increase in strength and number each year."

Posted: May 17, 2020

Why the Client Experience Is Key in Personal Marine Sales

If an agent wants to put their personal marine book in the windward direction, they need to know their starboard from their port to earn a client's trust.

Posted: May 17, 2020

State of the Association: The Big ‘I’ Is at Its Best in Times of Need

Big “I” Chairman Jon Jensen presented the State of the Association address to Big “I” Virtual Legislative Conference attendees.

Posted: May 14, 2020

Trump Administration Issues Important Guidance on PPP’s Good Faith Certification

The Small Business Administration issued long-awaited additional guidance that gives many Big "I" members needed clarity.

Posted: May 13, 2020

House Democrats Release $3 Trillion COVID-19 Relief Package

Included in the package are several Big "I" priorities, including fixing an issue with the Paycheck Protection Program that excluded 501(c)(6) organizations from accessing loans.

Posted: May 13, 2020

Treasury Responds to Congressional Letters on Business Interruption Insurance

The U.S. Treasury Department responded to several congressional letters sent expressing concern over President Trump’s remarks on business interruption insurance several weeks ago.

Posted: May 13, 2020

Rep. Bustos: Independent Agents Crucial to Weather the Storm

Rep. Cheri Bustos (D-Illinois) reminded viewers of the important role that independent insurance agents and brokers must play in the coronavirus pandemic.

Posted: May 13, 2020

Trump Can Lead the Great Recovery, Says House Republican Whip Scalise

U.S. House Minority Whip Steve Scalise (R-Louisiana) answered questions from Bob Rusbuldt, Big “I” president & CEO, on a variety of subjects including how America can quickly recover from the coronavirus pandemic, reauthorizing the NFIP and the 2020...

Posted: May 12, 2020