News

Third-party litigation funding has been an emerging issue over the past several years and its evolution is creating deeper ripples across the insurance ecosystem.

The Trusted Choice® Relief Fund is accepting donations and grant applications to help independent insurance agencies and their staff affected by Hurricanes Helene and Milton.

For the seventh year in a row, the Big “I” and J.D. Power teamed up to measure property & casualty independent insurance agent perceptions of their carriers.

This week, the U.S. House of Representatives and Senate passed H.R. 9747, the Continuing Appropriations and Extensions Act, which will fund the federal government and extend the National Flood Insurance Program (NFIP) through Dec. 20. 

Restaurants continue to experience significant challenges from increasing payroll costs, inflation and claims, according to a report from NEXT Insurance.

The disaster highlights just how alarmingly low flood insurance coverage is among Americans, particularly in areas that are farther from the coast.

As the climate changes, independent agents play a major role in educating their clients on the need to purchase flood insurance, as well as providing advice to them on the steps to take to protect their property.

Client communications was a significant focus in September, from texting and finding high-quality referrals to communicating coverage gaps. Meanwhile, mergers & acquisitions continue to take the headlines.

The transaction is expected to close by the end of 2024 and will enhance Marsh McLennan Agency’s operations across commercial property & casualty insurance, employee benefits, management liability and personal lines.

Congress passed legislation to fund the federal government and extend the National Flood Insurance Program (NFIP) through Dec. 20.