Year-End Pricing Update: P-C Rates Continue to Hover Near Flat
November marked a slight uptick in average commercial insurance pricing, while personal lines rates held steady, according to the latest MarketScout pricing survey.
November marked a slight uptick in average commercial insurance pricing, while personal lines rates held steady, according to the latest MarketScout pricing survey.
The Big “I” has announced a partnership with the National Oceanic and Atmospheric Administration’s Weather-Ready Nation™ in support of the federal agency’s disaster preparedness education program.
A federal judge in Texas has delayed implementation of the Department of Labor overtime rule pending the outcome of ongoing litigation. Consequently, the new rule will not take effect today.
The Department of Labor’s new rule on overtime pay will take effect on Dec. 1. Avoid potential legal liability by preparing and staying informed.
Although Donald Trump’s election as the nation’s 45th president dominates the headlines, the Republican Party enjoyed similar successes in many states.
Tuesday was a historic night on many levels, as professional political pundits and the polling industry were rebuked by an electorate that had reached its tipping point with the establishment.
For the first time since the 2008 election, one party will control both chambers of Congress and the White House, with the prospect of major legislation impacting independent agents in the years to come.
Between September and October, average commercial and personal lines insurance rates moderated a percentage point each, to -2% and +1%, respectively.
The Hill, a prominent political newspaper, has once again named Bob Rusbuldt, Big “I” president & CEO, and Charles Symington, Big “I” senior vice president of external and government affairs, among the top trade association lobbyists in Washington, D.C.
The Big “I” has serious concerns with draft legislation that could impact how agents receive compensation for selling flood insurance policies.