Up to 10 Named Storms Forecasted During ‘Supercharged September’
Following a brief lull in tropical activity in the wake of Hurricane Ernesto, the conditions are now primed for a series of back-to-back storms over the next few weeks in the Atlantic.
News
FTC Ban on Noncompete Agreements Struck Down
This week, a Texas district court ruled that the Federal Trade Commission (FTC) cannot enforce its ban on noncompete agreements.
Reconstruction Costs Accelerated 5.2% Year-Over-Year
Both residential and commercial property saw total reconstruction costs increase from July 2023 to July 2024.
In-Force Flood Insurance Declines as More Move to Risky Areas
As thousands more people move in rather than out of fire- and flood-prone areas, independent agents have an opportunity to counter the decline in flood insurance coverage.
Auto Insurance Rose 15% in First Half of 2024
Underwriting losses of $17 billion last year drove 2024’s first half-increases, according to data analysis from Insurify, which predicts rates will increase a total of 22% by the end of the year.
Big ‘I’ Participates in 199A Roundtable Discussion
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.
Big ‘I’ and Reagan Consulting Release 2024 Best Practices Study Update
Best Practices agencies achieved record-breaking growth, delivering the best results seen in the entire 31-year history of the Best Practices Study.
Earn-Out Evolution: How Have Sellers Performed Post-Closing?
A survey from Reagan Consulting examined how earn-out structure has evolved and why sellers have been achieving better post-closing results.
Courts Halt DOL’s Expanded Fiduciary Definition
Two Texas district courts issued stays on the rule, which was scheduled to take effect Sept. 23 and would expand the meaning of “fiduciary” under the Employee Retirement Income Security Act (ERISA).
Top 5 Most-Read Articles in Independent Agent in July
July brought a significant blow to the Federal Trade Commission (FTC) ban on noncompete agreements, and a global tech outage highlighted agency vulnerabilities.
