IA Magazine

Small Business Survey: Beware of Birds, Skunks and Champagne

As many as 50% of small business owners said they have made a workplace injury claim in the past five years. Here are some of the most uncommon accidents experienced.

Posted: May 22, 2024

Why You Should Plan a Summer Community Service Event

A community service event can help employees who may be feeling stressed. Here are some ways to help employees get the most from such an event.

Posted: May 21, 2024

Why Boutique Hotel Owners Require Customized Insurance Coverage

Like all hotels, boutique hotels need multiple insurance coverages, including property coverage for boutique hotels that are refurbished historic properties.

Posted: May 19, 2024

From the Front Lines: Nonprofit Insurance

"It's a challenge to instill the mindset that just because you're trying to help doesn't mean you aren't vulnerable to a lawsuit," says independent agent Ben Guttman. "Many people don't think about that, but recent cases have made many directors more...

Posted: May 19, 2024

Why Ignoring Commercial Bonds Could Cost Agencies and Clients Revenue

The commercial surety market is booming in the U.S., thanks in part to federal infrastructure spending, which has triggered a steady flow of work for contractors—and an equally satisfying demand for commercial bonds.

Posted: May 19, 2024

Should Agencies Keep Both Paper and Electronic Copies of Files?

How do dual files impact agency errors & omissions?

Posted: May 16, 2024

Proactive Education Creates Opportunities in the Hard Market

The latest research by Liberty Mutual and Safeco explores how the hard insurance market is impacting both agents and customers and discusses the opportunities that exist for agents to improve customer satisfaction and retention.

Posted: May 15, 2024

AI is Bringing the Evolution of Small and Midsize Commercial Insurance Distribution

Artificial Intelligence (AI) can guide agents and brokers to recommend policies tailored to the specific needs of small or midsize businesses, all while reforming the process for maximum efficiency.

Posted: May 14, 2024

4 Tips to Help Identify, Mitigate and Manage Environmental Exposures

While certain industries, such as health care, manufacturing and chemical industries, have the biggest environmental risk factors, every commercial insured has some form of a pollution exposure.

Posted: May 12, 2024

4 Tips to Help Identify, Mitigate and Manage Environmental Exposures

While certain industries, such as health care, manufacturing and chemical industries, have the biggest environmental risk factors, every commercial insured has some form of a pollution exposure.

Posted: May 12, 2024

Intact Insurance Specialty Solutions Now Offering Trade Credit Coverage

Coverage is available for most industries and countr​ies with highlights including comprehensive coverage, excess & quota share and specialty coverages.

Posted: May 12, 2024

Intact Insurance Specialty Solutions Now Offering Trade Credit Coverage

Coverage is available for most industries and countr​ies with highlights including comprehensive coverage, excess & quota share and specialty coverages.

Posted: May 12, 2024

How Changing Market Trends Impact Insurance Agency E&O Risk

The wave of post-pandemic lawsuits has prompted independent insurance agents to review their errors & omissions (E&O) coverage and risk mitigation strategies.

Posted: May 12, 2024

How Changing Market Trends Impact Insurance Agency E&O Risk

The wave of post-pandemic lawsuits has prompted independent insurance agents to review their errors & omissions (E&O) coverage and risk mitigation strategies.

Posted: May 12, 2024

Does a Homeowners Policy Cover a Water-Damaged Subfloor That Contains Asbestos?

After the client submitted a claim, the restoration company found asbestos in the subfloor that was damaged in the claim incident. The adjuster is denying any coverage for the removal of the subfloor.

Posted: May 09, 2024

Fannie Mae and Freddie Mac Postpone Updated Guidance for Property Insurance Coverage

The guidance was set to take effect on June 1 and would have required mortgagors to acquire replacement cost value coverage for their property, including roofs, deeming actual cash value unacceptable.

Posted: May 08, 2024

Citizens Partners with EZLynx to Provide Homeowners Quotes in Florida

Through Citizens, more than 7,000 agents will receive no-cost access to the EZLynx Rating Engine to enable them to quote home and dwelling fire policies in Florida.

Posted: May 08, 2024

6 Steps to Success with Email Automation

Email can be used to help your customers better understand the value of their coverage, foster a positive relationship with you as their insurance agent and ultimately contribute to long-term customer retention and satisfaction.

Posted: May 07, 2024

US Assure Expands XPressBIND Eligibility

US Assure expanded eligibility for XPressBIND, its online six-question application with no underwriting holds, from $500,000 to $1 million for new home construction projects.

Posted: May 05, 2024

How Increasing Natural Catastrophes Are Impacting the Environmental Insurance Market

As natural disasters become more frequent and more costly, insurance carriers are experiencing an increase in the frequency and severity of environmental claims.

Posted: May 05, 2024

Over Half of Cyber Claims Originate in Email Inboxes

More than half of all 2023 cyber insurance claims were a result of funds transfer fraud (FTF) or business email compromise (BEC), according to a Coalition report.

Posted: May 05, 2024

Watch: FTC Noncompete Agreement Ban Explained

The Big "I" government affairs team released a video explaining the rule, its effect on independent agents and current state of play.

Posted: May 01, 2024