News

Sen. Mike Rounds and Sen. John Thune will address attendees at the 2024 Big “I” Legislative Conference, which will take place April 10-12 in Washington, D.C.

In addition to $65 billion in CAT losses, AM Best analysts also said both economic and social inflation played large roles in property & casualty losses.

Rep. Patrick McHenry (R-North Carolina) will address attendees during the upcoming 2024 Big “I” Legislative Conference, which will take place April 10-12 in Washington, D.C.

The bill will require the Government Accountability Office (GAO) to conduct a study on wildfire damage, the existing state of insurance coverage, possible government mitigation responses, and the challenges faced by private insurers.

The latest research by Liberty Mutual and Safeco explores the unique strengths women bring to insurance agencies, as well as what female consumers want and need from agents.

From coverage for shopping carts being blown into parked cars to the latest cybercrime trends, agents were kept up to date on the perils of the day thanks to weekly e-newsletters and the monthly magazine.

Check out the day-by-day overview of this year’s event, which will include a luncheon for emerging leaders and remarks from prominent members of Congress.

Factors include the U.S. economy growing faster than anticipated, combined with the hard market’s high rates and premiums, according to Reagan Consulting.

Client communication, retention, technology and team morale are among agents’ top priorities in adapting to the hard market.

As auto insurance shopping rates rose during the fourth quarter of 2023, carrier retention rates dropped.