M&A Hits 5-Year First-Quarter Low But Big Deals Loom
Mergers and acquisition insurance sector deals dropped 15% to 141 in the first quarter of 2025, a decline from 166 in the first quarter of 2024.
News
Wildfire Legislation Heating Up in the Senate
Momentum has been building in the U.S. Senate where several new bipartisan proposals aim to improve forest management, reduce wildfire risks and strengthen disaster resilience.
Top 5 Most-Read Articles in Independent Agent in April
The end of March brought news that the overall property & casualty industry is returning to profitability. Nevertheless, the first quarter of 2025 saw rates continue to rise for both commercial and personal lines.
Dog Bite Claims Cost $1.6 Billion in 2024, Rising 86% in 10 Years
Dog-related claims have increased significantly in both frequency and cost, according to the latest claims data analysis from the Insurance Information Institute (Triple-I) and State Farm.
Big ‘I’ Presents Member Awards
This week, the Big “I” presented several awards to the members that represent the best of the association, including the Woodworth Memorial Award, Inclusive Excellence Champion and more.
State of the Association: ‘When We Collaborate, We Succeed’
Todd Jackson, Big “I” chairman, declared the state of the association is strong citing solid financials, a debt-free balance sheet, a handful of new initiatives and a commitment to collaboration.
Rep. Huizenga Encourages Agents to Be Advocates on the Hill and at Home
Rep. Bill Huizenga (R-Michigan) sat down with Nathan Riedel, Big “I” senior vice president of federal government affairs, for a fireside chat.
House Majority Leader Scalise: Tariffs, Tax Reform and Getting the Economy Back on Track
Rep. Steve Scalise (R-Louisiana) is a strong advocate for the independent agency system and a leader on important issues like flood insurance and tax policy.
Rep. Peters Champions Bipartisan Solutions to Wildfire Risk
Rep. Scott Peters (D-California) emphasized pragmatic solutions like H.R. 471, the “Fix Our Forests Act of 2025,” amid rising political and environmental pressures.
Rep. Ciscomani Urges Agents to Be Passionate, Informed and Direct on Capitol Hill
Rep. Juan Ciscomani (R-Arizona), spoke to Big “I” members about the importance of civil discourse within Congress, engaging younger generations in public service and the American Dream.
