Historic Number of Tornadoes Wreak Havoc in the U.S.
2024 saw the second-highest amount of tornadoes on record and 2025 is predicted to continue above-average activity. One weekend alone in mid-May caused $9 billion-$11 billion in damage.
Agency Operations
1 in 4 Businesses Know They’re Underinsured As Catastrophe Concerns Increase
Despite rising concerns, 26% of commercial property owners admit to knowingly carrying inadequate insurance coverage to account for severe weather events, an 8-point increase from 2023.
Wildfire Legislation Heating Up in the Senate
Momentum has been building in the U.S. Senate where several new bipartisan proposals aim to improve forest management, reduce wildfire risks and strengthen disaster resilience.
How Independent Agents Can Redefine the Customer Journey in CAT-Prone Areas
As wildfires, tornadoes and floods continue to disrupt the lives of millions across the U.S., our industry must face a hard truth: The current insurance purchasing journey often fails both consumers and the agents trying to serve them.
‘Above-Average’ Atlantic Hurricane Season Predicted
Colorado State University (CSU) hurricane researchers are predicting 17 named storms during the Atlantic hurricane season.
7 Tips for Agents to Avoid E&O Claims Following a Natural Disaster
Natural disasters are becoming more frequent, resulting in significant financial losses and exposing inadequate insurance coverage—including gaps in clients’ insurance coverage that lead to increased errors & omissions claims against agents.
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?
4 Strategies for Agents to Enhance Customer Value in the Current Market
How independent agents can add value through comprehensive consultation and risk mitigation.
Avoid E&O Claims from Cosmetic Hail Damage Exclusions
To keep premiums affordable, homeowners carriers are excluding coverage for what used to be standard covered perils. Cosmetic hail damage is one of those coverages that is increasingly becoming excluded.
House Takes Action to Address Wildfires and Study Insurance Market
As legislation to reduce wildfire risk moves through the U.S. House of Representatives, the Big “I” has created a Q&A to address questions about the California wildfires and their impact on the overall insurance market.
