News

The billions invested in property-casualty InsurTechs last year is a sign that this sector of the industry will continue to grow, especially in the post-COVID-19 world.

The proposed rule would allow consumers to purchase a private flood insurance option instead of insurance through the National Flood Insurance Program when flood insurance is required by the Federal Housing Administration.

Allstate President and CEO Tom Wilson highlighted the need to release capital to pursue growth in the personal lines property-casualty market.

President Biden outlined his “American Rescue Plan” providing further COVID-19 relief to the nation. The proposal provides an additional $1.9 trillion in relief, including an additional $50 billion to small businesses.

Digital acceleration in the independent agency channel stepped up a gear with the announcement of two high-profile InsurTech acquisitions last week.

Update: The program will re-open the loan portal to Paycheck Protection Program-eligible lenders with $1 billion or less in assets for first and second draw applications tomorrow, Friday, Jan. 15 at 9 a.m. ET.

Today, Applied Systems, one of the world’s largest providers of agency management systems, announced it will acquire EZLynx, a pioneer in real-time comparative rating.

Today, the Small Business Administration and the Department of the Treasury officially reopened the Paycheck Protection Program. Only community financial institutions are able to make loan applications this week. The PPP opens to all other participating l

Read Big “I” President & CEO Bob Rusbuldt’s statement on yesterday’s attack on the Capitol.

Democratic control of the U.S. Senate will have a multitude of impacts on legislative issues critical to agents and brokers and small businesses including taxes, health care, and COVID-19 relief.