News

The U.S. Department of Treasury announced it will not enforce the Corporate Transparency Act (CTA) beneficial ownership reporting rule, which would have impacted many small businesses.

In February, educating clients on the complications impacting the homeowners market—from the hard market to catastrophes—was top of mind for independent insurance agents, as well as soaring reconstruction costs from the past decade. Independent Agent also covered how agency-carrier agreements are evolving with data security concerns. And, with the number of agency mergers & acquisition deals still…

The deal is expected to close in the second quarter of 2025 and will continue to strengthen Gallagher’s middle-market reach.

Liberty Mutual Insurance, the sixth-largest personal insurance provider in the U.S., will market and sell all of its personal lines products solely under the Liberty Mutual brand starting in 2026.

​U.S. property & casualty insurers posted an underwriting loss of $2.6 billion for 2024, a significant improvement from the $24.6 billion underwriting loss recorded in 2023, according to AM Best.

More than three-quarters of midsize business owners say evolving regulatory and safety standards have had an impact on their risk management needs, the survey found.

By Lisa Johnson-Briggs ​Registration for the 2025 Big “I” Legislative Conference is now open! The premier event for independent agents will take place April 30-May 2 at The Westin Washington, D.C. Downtown Hotel.  Register and attend for your opportunity to join other agents and speak to legislators in a unified voice.  Register before March 31 to take advantage of…

While engagements and cohabitation have long been the hallmarks of commitment, a recent Nationwide survey found 42% of renting couples see sharing an insurance policy as the modern equivalent to marriage.

The “Disaster Mitigation and Tax Parity Act of 2025,” reintroduced in the U.S. Senate, aims to exempt qualified catastrophe mitigation payments from being considered taxable income.

The significant increases were driven by inflation, labor shortages and supply-chain disruptions, according to a Verisk report.