News

Most small and midsized businesses do not have basic cybersecurity prevention measures in place and severely underestimate the likelihood of a cyberattack.

AM Best downgraded 32 property & casualty companies’ credit ratings in the first half of 2023, including 21 personal lines insurers.

Charles Symington began his role as Big “I” president & CEO on September 1 and recently sat down to discuss his background, values and priorities as he takes over the helm of the association.

In the current hard market environment, independent agents are proactively shopping ahead for their clients more than they have in the past.

While the short-term reauthorization of the NFIP is certainly helpful, the Big “I” continues to advocate for a long-term reauthorization of the program.

From underwriting losses to how rising premiums are increasing the number of uninsured drivers on the road, September articles delved into the ramifications of the hard market.

The act would protect Big “I” members from criminal and civil liability and provide clarity for transactions involving legitimate cannabis-related businesses.

FEMA released a memo to Write-Your-Own companies and NFIP Direct servicing agents providing guidance on a potential lapse in NFIP authority.

An estimated 39 million U.S. homes are underinsured compared to the risk they actually face from weather events, such as hurricanes, wildfires and floods, according to the First Street Foundation.

Best Practices agencies continue exceptional organic growth and invest in young producer development, according to the latest study update.