News

A bill introduced in the U.S. House of Representatives would make staging motor vehicle accidents for insurance payments a federal crime.

The Big “I” supports a long-term reauthorization of the NFIP and recognizes the importance of a modernized program to increase take-up rates in both the NFIP and the private market.

Independent Agent magazine explored how tort reform is beginning to counteract the impacts of legal system abuse, litigation financing and nuclear verdicts.

After years of rising insurance costs driven in part by legal system abuse, litigation financing and nuclear verdicts, tort reform is beginning to translate into lower premiums, rate reductions and direct savings for consumers.

July brought the news that the property & casualty industry’s 2025 underwriting results were the strongest in a decade.

The bill would help deter insurance fraud, reduce unnecessary litigation costs and ease the pressure of rising insurance premiums.

The bill would reauthorize the program for an additional seven years, raise the minimum loss threshold and require the Treasury Secretary to publish a notice in the Federal Register within 30 days of initiating the terrorism determination process.

June highlighted 10 young agents making their mark on the insurance industry. And the Big ‘I’ 2026 Market Share Report shows that, despite market headwinds, the independent agency channel is holding strong.  

North Carolina has taken a groundbreaking step in the fight against legal system abuse by becoming the first state in the nation to prohibit third-party litigation financing.

The bills signed into law last week address some of the core factors that have driven exorbitant auto insurance premiums in New York.