In 2024, natural catastrophe losses in the U.S. totaled $112.8 billion, according to Aon. Meanwhile, from 2017 to 2024, the annual average for insured losses from natural catastrophes was even higher—$146 billion—according to GallagherRe. Insured losses for the first quarter of 2025—the latest results available at the time of publication—are estimated at $50 billion, a…
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.
Throughout his career, Elliott has played a pivotal role in the Big “I” community at both the state and national levels—from chairing the Young Agents of Kansas (YAK) and the national Young Agents Committee (YAC) to championing political advocacy in his current role as chair of the state government affairs committee.
On this episode of Agency Nation Radio, we meet Michelle O’Connor, president of O’Connor Insurance Associates in Charlotte, North Carolina.
When Michelle O’Connor and her husband started their insurance agency 25 years ago, they knew from the very beginning that joining the Independent Insurance Agents of North Carolina was a must.
Isler, assistant vice president and marketing analyst supervisor at McGriff Insurance Services in Birmingham, Alabama, isn’t one to shy away from an opportunity to help the independent agency channel.
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.
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.
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.
Kevin Ownby, owner of Ownby Insurance Services Inc. in Sevierville, Tennessee, shares his journey into advocacy. This episode is sponsored by the Insurance Marketing and Communications Association (IMCA).
