News

Thirty years after Hurricane Andrew, a report from CoreLogic examines the impact of the storm and what might happen if an Andrew-like event were to occur again.

The acquisition of Tarmika, a commercial lines rating solution for small business insurance, expands Applied’s commercial quoting and Ivans’ distribution connectivity solutions.

The new requirement is overly broad and includes individual agents and brokers, who will now be subject to two new requirements.

Big “I” staff met with FEMA as part of the Flood Insurance Producer National Committee (FIPNC) to express concern with the new Direct to Customer initiative proposal.

The legislation now heads to the U.S. House of Representatives, where they are scheduled to vote on the package tomorrow.

Building and maintaining healthy workplace cultures takes work, and the fastest growing agencies are those most likely to be taking steps to improve their agency’s culture.

The report points to independent agencies’ dominance in commercial lines, with nearly 88% of all commercial lines written premium placed by the independent agency channel.

A Superior Court ruled that the Washington insurance commissioner lacks the statutory authority to unilaterally ban the use of credit information for rating and underwriting.

While CAT losses are down in the first half of 2022, they are 18% higher than the 21st-century average, according to Aon.

In a big win for the Big “I,” the legislation did not include any of the potential small business tax increases that the Big “I” advocated against for the last 19 months.