Funding Standoff: Government Shutdown Continues
Both political sides seem to be digging in, with the U.S. Senate unable to advance a “clean” continuing resolution (CR).
Both political sides seem to be digging in, with the U.S. Senate unable to advance a “clean” continuing resolution (CR).
This year’s conference made one thing clear: artificial intelligence (AI) is no longer a buzzword—it’s becoming a daily tool reshaping how agencies quote, renew and serve clients.
Although the NYDFS Cyber Regulations may not apply directly to your business, independent insurance agencies operating in other jurisdictions could still see impacts.
A partial federal government shutdown began on Oct. 1, resulting in a lapse of National Flood Insurance Program (NFIP) authority.
September highlighted the impact of nuclear and thermonuclear verdicts on the commercial auto market, signs of improvement in the property & casualty industry, and the Big “I” welcoming Angela Ripley as the new chair.
The study tracks agent sentiment across multiple categories, including ease of doing business, communication practices and claims handling.
As of press time, Congress has yet to pass government funding legislation to keep the federal government open beyond Tuesday, Sept 30. The National Flood Insurance Program (NFIP) is currently scheduled to expire on the same date.
While annual rainfall is not rising, the increase in extreme rainfall events means that flood risk, infrastructural strain, and flash flooding potential are increasing.
The Big “I” urges Congress to act well in advance of the 2027 deadline and reauthorize a long-term, clean extension of this important program.
Nearly half of U.S. homeowners have seen their insurance premiums increase over the past year, signaling growing concerns over insurer loyalty and long-term profitability, according to J.D. Power.