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J.D. Power: Carriers Come Up Short for Independent Agents

The more satisfied independent agents are with a carrier, the more business they will write with that carrier. But according to the J.D. Power 2019 U.S. Independent Insurance Agent Satisfaction Study℠, carriers are leaving a lot of money on the table.

Political Clout: How Main Street Agent Groups Stack Up

Political clout in Washington, D.C. is largely measured by political fundraising, grassroots strength and relationships with elected officials. The Big “I” has proven itself unparalleled when it comes to representing main street independent insurance agen

House Debates Challenges to Cannabis-Related Business

On Wednesday, a subcommittee of the U.S. House of Representatives Financial Services Committee held a hearing to discuss efforts to minimize legal and compliance risks for banking and financial services businesses seeking to provide services to state-sanc

New York Licensees Must Submit New Cyber Filings

New York regulators recently unveiled a new Cybersecurity Portal to assist with the requisite filings, and state officials are now requiring all licensees to resubmit previously filed exemption notices by next Friday, Feb. 15.

Big ‘I’ Chairman Hits Capitol Hill

Big “I” Chairman Joe Leahy was in Washington, D.C. this week to meet with members of Congress and set the groundwork for this year’s Legislative Conference, to take place May 8-10.

Big ‘I’ Seeks Clarity on NFIP Mid-Term Cancellation Policy

Earlier this week, the Big “I” and other stakeholders sent a letter to FEMA asking for clarification on when consumers can receive a refund for unearned premiums if they cancel an NFIP policy mid-term in favor of a private policy.

Is Technology the Answer to Boosting Consumer Trust?

Insurers have historically taken a reactive approach to macroeconomic trends, demographic shifts, market demands, technological developments and regulatory changes—and that has hurt consumer trust.

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