News

As thousands more people move in rather than out of fire- and flood-prone areas, independent agents have an opportunity to counter the decline in flood insurance coverage.

Underwriting losses of $17 billion last year drove 2024’s first half-increases, according to data analysis from Insurify, which predicts rates will increase a total of 22% by the end of the year.

The deduction, which is scheduled to expire at the end of 2025, is heavily relied upon by many Big “I” members and their clients to expand their small businesses, hire more employees, and better serve their communities.

Best Practices agencies achieved record-breaking growth, delivering the best results seen in the entire 31-year history of the Best Practices Study.

A survey from Reagan Consulting examined how earn-out structure has evolved and why sellers have been achieving better post-closing results.

Two Texas district courts issued stays on the rule, which was scheduled to take effect Sept. 23 and would expand the meaning of “fiduciary” under the Employee Retirement Income Security Act (ERISA).

July brought a significant blow to the Federal Trade Commission (FTC) ban on noncompete agreements, and a global tech outage highlighted agency vulnerabilities.

By leveraging Planck’s artificial intelligence (AI) tools, Applied seeks to significantly expand its AI capabilities into areas including marketing, underwriting and renewals.

The global tech outage highlights vulnerabilities in business continuity planning, cyber liability insurance and technology partners.

The first half of 2024 saw 300 announced insurance agency mergers and acquisitions, the lowest first-half total in four years, according to OPTIS Partners.