Bipartisan Bill Targets Staged Auto Accident Fraud Nationwide
A bill introduced in the U.S. House of Representatives would make staging motor vehicle accidents for insurance payments a federal crime.
Legal and Compliance
House Extends NFIP Through Dec. 11
The Big “I” supports a long-term reauthorization of the NFIP and recognizes the importance of a modernized program to increase take-up rates in both the NFIP and the private market.
Top 5 Most-Read Articles in Independent Agent in August
Independent Agent magazine explored how tort reform is beginning to counteract the impacts of legal system abuse, litigation financing and nuclear verdicts.
Declaration of Independents: Kenneth Harper Jr.
Kenneth Harper’s passion for servant leadership is what drew him to the insurance industry—and to the political arena. It’s also what prompted him to attend the inaugural Insurance Campaign Institute.
Telematics and Tort Reform Can Curb Commercial Auto Losses
As commercial auto insurance challenges persist, the industry is increasingly leveraging telematics and supporting proposals to address third-party litigation funding.
Legal Reforms Begin to Ease Insurance Costs for Consumers
After years of rising insurance costs driven in part by legal system abuse, litigation financing and nuclear verdicts, tort reform is beginning to translate into lower premiums, rate reductions and direct savings for consumers.
Top 5 Most-Read Articles in Independent Agent in July
July brought the news that the property & casualty industry’s 2025 underwriting results were the strongest in a decade.
Legislation to Crack Down on Staged Accidents Introduced
The bill would help deter insurance fraud, reduce unnecessary litigation costs and ease the pressure of rising insurance premiums.
How Long Should Carrier Remain on Risk After Terminating Agency Contract?
If an agent in New York no longer represents a carrier, how long does the carrier need to remain on the customer’s risk for auto, home and umbrella?
Ending a Client Relationship Without E&O Exposure
When ending a client relationship, agencies should focus on risk management, agency protection and maintaining coverage continuity during the transition.
