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…
During the hearing, a bill was formally introduced to streamline disaster assistance programs to accelerate aid to survivors and encourage states to invest in disaster mitigation efforts.
Erie Insurance and Philadelphia Insurance Companies grappled with extended system outages, prompting errors & omissions concerns for independent insurance agents.
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.
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.
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.
Like elections in the past, this one will not impact agency values—but fiscal policy could impact the portion owners take home.
Will Jones, editor-in-chief, Independent Agent magazine, is joined by Charles Symington, the new president & CEO of the Big “I.”
The deduction is set to expire in 2025 but is heavily relied upon by many Big “I” members and their clients.
