A new survey of consumers from the Big “I” reveals growing concern that excessive and abusive litigation is driving up costs for consumers and reforms are needed.
On this episode of Agency Nation Radio, host Nathan Riedel, Big “I” senior vice president of federal government affairs, is joined by Jeff Beck, senior vice president of government and regulatory affairs at Selective Insurance, and John Barbour, CEO of the Independent Insurance Agents of Georgia.
As of Oct. 27, more than 2,300 agents and brokers nationwide have invested in InsurPac, the Big “I” political action committee (PAC), helping to surpass the $1 million mark toward its $1.3 million goal for the 2025 calendar year.
In response to providers significantly reducing or eliminating agent compensation, the Big “I” voiced its concerns in joint letters to Congress and to the Centers for Medicare and Medicaid Services.
Last week, the American Property Casualty Insurance Association (APCIA) hosted its annual meeting in Orlando, Florida.
Although the NYDFS Cyber Regulations may not apply directly to your business, independent insurance agencies operating in other jurisdictions could still see impacts.
The bipartisan bill directs the Health and Human Services (HHS) Secretary to update regulations for independent agents, brokers and third-party marketing organizations (TPMOs) under Medicare Parts C and D.
Roth, executive vice president at Ahart, Frinzi & Smith, started her career on Capitol Hill. Born and raised a Jersey girl, Roth graduated from George Mason University with a major in political science and international affairs.
One thing is clear when it comes to catastrophes: Business as usual is no longer an option. Agents are in a prime position to become vocal leaders shaping resilience strategy on a community level.
Last week, a bill was reintroduced to clarify the jurisdiction of the Consumer Financial Protection Bureau (CFPB) and affirm that state regulators are best positioned to oversee the insurance industry.
