P-C Rates Dip Again in October
Between September and October, average commercial and personal lines insurance rates moderated a percentage point each, to -2% and +1%, respectively.
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.
Last month, a group of federal agencies issued a proposal that aims to clear up confusion regarding when a lender may accept private flood insurance under federal law.
To help facilitate understanding and make the transition to the new rule as smooth as possible, the DOL has issued a new FAQ document.
As the Big “I” pursues legal action challenging the Department of Labor overtime rule, year-end congressional efforts to delay or phase in the overtime rule are also ramping up.
The new 2016 Agency Universe Study findings provide insight into the overall health and prosperity of the independent agent channel.
A recent report from the U.S. Department of Labor criticizes state workers compensation systems and suggests increased federal oversight may be necessary—a direction the Big “I” does not support.
The new 2016 Best Practices Study, which provides benchmarks and analysis of the group of 260 Best Practices agencies, reveals how they are thriving in a difficult environment.
Last week, the two subcommittees of the U.S. House Financial Services Committee held hearings on international insurance issues.