Personal, Commercial Lines Composite Rates Moderate in Second Quarter
While the composite rates for both commercial and personal lines decreased overall in second quarter 2021, all segments experienced rate increases.
News
Some in Congress Push for Delay of Risk Rating 2.0
Several members of Congress have expressed concerns about—and even introduced legislation to delay—the implementation of FEMA’s new pricing methodology for the National Flood Insurance Program (NFIP).
Crop Insurance Highlighted in House Hearing
In a hearing, the U.S. House Agriculture Committee Subcommittee on General Farm Commodities and Risk Management examined farm safety net programs, of which agents play a crucial role, and their true benefits to the farming community.
1 in 3 Americans Admit to Barbecuing Drunk
As Americans gear up to host barbecues once again this summer, many aren’t doing enough to reduce grilling-related hazards and injuries. Here are some grilling safety tips to share with clients.
Most Common Homeowners Insurance Blind Spots
One in 3 Americans are unsure about what their insurance policies cover, according to a survey from The Hanover Insurance Group.
FEMA Announces July Dates for Risk Rating 2.0 Agent Webinars
The webinars are designed specifically for independent agents to learn more about FEMA’s new pricing methodology for the National Flood Insurance Program (NFIP).
Big ‘I’ Advocates Against Small Business Tax Deduction Changes
In a letter to Capitol Hill, the Big “I” and other organizations noted strong opposition to any reductions or repeal of the 20% deduction for qualified business income under Section 199A.
7 Major Carriers Form Company to Tackle Cyber Risk
AIG, AXIS, Beazley, Chubb, The Hartford, Liberty Mutual Insurance and Travelers have formed a new entity to coordinate the industry’s response to cybercrime.
15 Digital Capabilities to Help Your Agency Grow
Explore an interactive framework to learn where your agency should concentrate to improve digital adoption.
Senate Banking Committee Holds Second Hearing on NFIP Reauthorization
The hearing covered topics including the structure of the National Flood Insurance Program (NFIP), the role of private flood insurance, and Risk Rating 2.0.
