IA Magazine

What Endorsement Adds an HOA as an Additional Insured to a Renters Insurance Policy?

An agency is getting regular requests from homeowners associations (HOAs) to list the HOA as an additional insured on its tenants’ renters insurance policies. However, the carriers will only list the HOAs as certificate holders or additional interest...

Posted: Apr 25, 2024

Small Business Owners Rethink Workers Comp Strategies After a Claim

Independent insurance agents have an opportunity to proactively help customers consider the value of a workers comp policy beyond price—before they learn the hard way.

Posted: Apr 24, 2024

FTC Issues Rule Banning Noncompete Agreements

Independent insurance agents who are considering the impact of the new regulation on their agencies and firms should consider some of the rule’s key elements and certain revisions that were incorporated in the final text.

Posted: Apr 24, 2024

DOL Defines ‘Investment Advice Fiduciary' and Alters Overtime Regulations

The Department of Labor (DOL) announced a final rule that will subject the financial services industry to new requirements designed to protect retirement investors from receiving bad or self-interested investment advice.

Posted: Apr 24, 2024

The Missing Link to Thriving in the Modern Insurance Landscape

The insurance industry players who want to thrive in today's insurance market should adopt InsurTech to improve core functions.

Posted: Apr 23, 2024

How to Value a Project for Builders Risk Coverage

Learn how to collaborate with carriers to get the right coverage and minimize the risk of coinsurance penalties.

Posted: Apr 21, 2024

3 Takeaways from the Ransomware Attack on Change Healthcare

The attack on Change Healthcare underscores key considerations for independent agents when discussing cyber risks with clients.

Posted: Apr 21, 2024

From the Front Lines: E&O

My biggest challenge comes with the misunderstanding of what this E&O coverage offers a client," says independent agent Shelly Turner. "Another challenge is helping other agents recognize the availability of our specialized product."

Posted: Apr 21, 2024

From the Front Lines: E&O

My biggest challenge comes with the misunderstanding of what this E&O coverage offers a client," says independent agent Shelly Turner. "Another challenge is helping other agents recognize the availability of our specialized product."

Posted: Apr 21, 2024

Overcoming the Challenges of Entering the Cannabis Insurance Market

As states expand legalization, the demand for cannabis is growing, creating both opportunities and challenges for independent agents to enter the market.

Posted: Apr 21, 2024

Overcoming the Challenges of Entering the Cannabis Insurance Market

As states expand legalization, the demand for cannabis is growing, creating both opportunities and challenges for independent agents to enter the market.

Posted: Apr 21, 2024

3 Takeaways From the Ransomware Attack on Change Healthcare

The attack on Change Healthcare underscores key considerations for independent agents when discussing cyber risks with clients.

Posted: Apr 21, 2024

Insuring Half a Duplex: Roof Damage and Ordinance or Law Coverage

A client is purchasing half of a duplex to rent on a long-term lease. The underwriter says that coverage should be written on an HO3 policy with an endorsement providing coverage for rental to others.

Posted: Apr 18, 2024

‘Extremely Active’ Hurricane Season Predicted for 2024

Weather forecasters at Colorado State University (CSU) forecasts 23 named storms, 11 of which will be hurricanes, in the 2024 Atlantic hurricane season.

Posted: Apr 17, 2024

Rep. Gottheimer Discusses 20% Tax Deduction and Bipartisan Solutions

Rep. Josh Gottheimer (D-New Jersey) spoke to Big “I” members to discuss the political climate on Capitol Hill, as well as progress on key Big “I" legislative priorities.

Posted: Apr 17, 2024

Lawmakers Introduce the American Privacy Rights Act of 2024

The legislation would establish national standards for data privacy and security, requiring certain entities to be transparent about how they use data and give consumers the right to access, correct, delete and export their data.

Posted: Apr 17, 2024

Distracted Driving on the Rise Among Personal and Commercial Drivers

The latest driving behavior survey from Nationwide revealed that both passenger and commercial drivers partake in additional risky behaviors that impact all drivers on the road.

Posted: Apr 17, 2024

Federal Regulations That Apply As Your Company Grows

As your company grows, it's important to understand that as you add employees, the employment regulations your company falls under change as well.

Posted: Apr 16, 2024

3 Tips Agents Can Offer Clients to Protect Their Property From Flooding

As the climate changes, independent agents play a major role in educating their clients on the need to purchase flood insurance, as well as providing advice to clients on the steps to take to protect their property.

Posted: Apr 14, 2024

HUB Private Client Launches Exclusive High Net-Worth Excess Wildfire Program

The new HUB High Net Worth Excess Wildfire Program addresses the insurance and risk management needs of affluent families and individuals.

Posted: Apr 14, 2024

Unlocking the High Net-Worth Foreign Nationals Life Insurance Market

Agents must be willing to put in the work to overcome a maze of U.S. and foreign regulations, as well as logistical hurdles, to get foreign national clients life policy funded.

Posted: Apr 14, 2024

Unlocking the High Net-Worth Foreign Nationals Life Insurance Market

Agents must be willing to put in the work to overcome a maze of U.S. and foreign regulations, as well as logistical hurdles, to get foreign national clients life policy funded.

Posted: Apr 14, 2024

The Pitfalls of Project Valuation for Builders Risk

Valuing projects for builder’s risk coverage isn’t as straightforward as it seems. Learn why.

Posted: Apr 14, 2024

Big ‘I’ Presents InsurPac Awards

This week, at the 2024 Big “I" Legislative Conference, the Big "I" presented the annual InsurPac National Championship and Eagle awards.

Posted: Apr 11, 2024

Rep. McHenry Is Big ‘I’ Legislator of the Year

U.S. House Financial Services Committee Chairman Patrick McHenry (R-North Carolina) was presented with the 2023 Gerald Solomon Big “I" Legislator of the Year Award.

Posted: Apr 11, 2024