News

The Big “I” advocated for the inclusion of an administrative and operating (A&O) inflationary adjustment in reinsurance year 2025 along with additional funds in A&O for reinsurance years 2022-2024.

Across the nearly 33 million homes stretching from Texas to Maine that could be impacted by hurricane winds, the combined reconstruction cost would be $10.8 trillion.

As many as 50% of small business owners said they have made a workplace injury claim in the past five years. Here are some of the most uncommon accidents experienced.

The latest research from Liberty Mutual and Safeco explores how the hard market is impacting both agents and customers and how agents can improve customer satisfaction and retention.

The guidance was set to take effect on June 1 and would have required mortgagors to acquire replacement cost value coverage for their property, including roofs, deeming actual cash value unacceptable.

Through Citizens, more than 7,000 agents will receive no-cost access to the EZLynx Rating Engine to enable them to quote home and dwelling fire policies in Florida.

More than half of all 2023 cyber insurance claims were a result of funds transfer fraud (FTF) or business email compromise (BEC), according to a Coalition report.

The Big “I” government affairs team released a video explaining the rule, its effect on independent agents and the current state of play.

Independent Agent covered emerging trends and their impact, including the ban of noncompete agreements from the Federal Trade Commission (FTC) and the increasing importance of uninsured or underinsured motorist umbrella coverage.

The increase in auto insurance shopping is prompted by soaring auto insurance costs, with a 22.2% year-over-year increase in the average cost of auto insurance through the end of February.