Legal and Compliance

The Big “I” advocated for efforts to address the current property insurance crisis and its impact on consumers at a U.S. House of Representatives hearing.

AM Best downgraded 32 property & casualty companies’ credit ratings in the first half of 2023, including 21 personal lines insurers.

In the current hard market environment, independent agents are proactively shopping ahead for their clients more than they have in the past.

The act would protect Big “I” members from criminal and civil liability and provide clarity for transactions involving legitimate cannabis-related businesses.

The hearing investigated how outside capital is funding litigation against companies and agencies to achieve policy goals and examined the lack of oversight in this area.

The global average breach cost reached $4.45 million, with detection and escalation the most expensive component—indicating a shift toward more extended and complex investigations.

The deduction, which is scheduled to expire at the end of 2025, is heavily relied upon by many Big “I” members and their clients to expand their small businesses, hire more employees, and better serve their communities.

Here’s what to do if your agency website is targeted by a demand letter.

This week, the National Labor Relations Board (NLRB) issued an interpretative memorandum asserting that many non-compete agreements interfere with employees rights.

The deduction is set to expire in 2025 but is heavily relied upon by many Big “I” members and their clients.